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Commerce · Q243

Accounting

Graduate and Post Graduate · Commerce · question 243

Q243

Authorized share capital is also known as

A.
Registered capital
Answer
B.
Issued capital
C.
Paid up capital
D.
Called up capital

Answer: Option A

Solution

Answer: Option A
Solution:
Authorized share capital is also known as Registered capital. The authorized capital of a company is the maximum amount of share capital that the company is authorized by its constitutional documents to issue to shareholders.