Accounting WAEC

When shares are oversubscribed, the promoters may decide to scale down. When this is done, the shares are issued proportionately?

A. on pro-rate
B. at discount
C. at par
D. at premium

Correct Answer: Option A

A. on pro-rate

Sunday

Share
Published by
Sunday
Tags: Accounting
5 years ago

Recent Posts

COM 111 Theory Questions: Types of Data and Computer Classification by Purpose

100 Level Computer Science Department exam questions and detailed answers. Download the answers in document format.…

11 mins ago

COM 111 Theory Questions: Components of Data Communication and Input Devices

100 Level Computer Science Department exam questions and detailed answers. Download the answers in document format.…

18 mins ago

COM 111 Theory Questions: Operating System: Definition and Functions

100 Level Department of Community Health exam questions and detailed answers. Download the answers in document…

2 hours ago

COM 111 Theory Questions: Computer System Components and Their Uses in Community Health

100 Level Department of Community Health exam questions and detailed answers. Download the answers in document…

3 hours ago

COM 111 Theory Questions: Central Processing Unit (CPU) and Computer Devices

100 Level Department of Community Health exam questions and detailed answers. Download the answers in document…

3 hours ago

COM 111 Theory Question: The Vital Role of Software in Computers And Software Classification

100 Level Department of Community Health exam questions and detailed answers. Download the answers in document…

3 hours ago