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this lecture includes important mcqs on accounts of joint stock companies question number one joint stock company is formed under a finance society act 1913 b partnership act 1932 c companies ordinance 1984 d common carrier act 1865 the correct answer is c companies ordinance 1984 question number two the official signature of the company a partnership deed b common seal c common act d none of these the correct answer is b common seal question number three which business has the perpetual existence a sole proprietorship b partnership cnb d joint stock company the correct answer is d joint stock company question number four the company which can be formed by at least two members a private company b public company c sole proprietorship d all of the above the correct answer is a private company question number five a company is managed by a shareholders b managers c directors d employees the correct answer is c directors question number six how many legal basic documents of a public compan