CUET Accountancy 2024
Accountancy
Financial Statements of a Company
Medium
- (A) Commencement of Business
- (B) Incorporation
- (C) Promotion
- (D) Floatation
Arrange the following steps in the correct sequence of the life of a company:
Arrange the following steps in the correct sequence of the life of a company:
Correct Option: 4
Answer: C → B → D → AC. Promotion Conceive the business idea, assemble founders, carry out feasibility studies.B. Incorporation Register the company by filing the Memorandum and Articles of Association.D. Floatation Raise capital by offering shares/debentures to investors (public or private).A. Commencement of Business Obtain the Certificate of Commencement (if required) and start trading.
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CUET Accountancy 2024