Multiple Choice
Accrued holiday remuneration becoming payable to any workman is treated as
A) Secured creditor
B) Over-riding preferential creditor
C) Preferential creditor
D) Unsecured creditor
Correct Answer:

Verified
Correct Answer:
Verified
Q3: When Winding Up Takes Place, Shareholders Are
Q4: When commission is due underwriter A/c is<br>A)Credited<br>B)Debited<br>C)Transfer
Q5: Which of the following is not a
Q6: The deficiency shown by deficiency account will
Q7: In order to spread risk of under
Q9: In which case, liability arises from both
Q10: The unerwriting may be done by many
Q11: Unmarked applications are known as<br>A)Direct application<br>B)Applications issued
Q12: If broker find subscribers, he gets<br>A)Commission<br>B)Subscription<br>C)Brokerage<br>D)Non of
Q13: If ABC Limited and DEF Limited are