1) Memorandum of Association contains– a) Objective clause b) Name clause c) Capital clause d) All of the above 2) Appointment of a Company Secretary is made by– a) Promoters b) Board of Directors c) Debenture holders d) Government 3) Liability of a Company Secretary is a) Contractual only b) Statutory only c) Civil only d) Both contractual and statutory 4) Standard costing is a technique of– a) Planning b) Organising c) Coordination d) Control 5) How is profit prior to incorporation treated as ? a) Revenue reserve b) Secret reserve c) Capital reserve d) General reserve

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