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Financial Reporting Quiz

Authored by Aqhama Blandile

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University

Financial Reporting Quiz
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the suffix for a Public Company in South Africa?

Inc

NPC

Pty Ltd

Ltd

2.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which type of company in South Africa has shareholders protected by limited liability?

Public Company

Private Company

State-owned Company

Personal Liability Company

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a Private Company in South Africa, what is the rule regarding the transferability of shares?

Shares can only be transferred to employees

Shares are not freely transferable

Shares are freely transferable

Shares can only be transferred to family members

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the suffix for a State-owned Company in South Africa?

SOC Ltd

Pty Ltd

Ltd

Inc

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of company in South Africa is owned by the state?

Personal Liability Company

State-owned Company

Private Company

Public Company

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the suffix for a Personal Liability Company in South Africa?

Ltd

Pty Ltd

SOC Ltd

Inc

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of company in South Africa does not have limited liability for shareholders?

Personal Liability Company

State-owned Company

Private Company

Public Company

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