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CS Executive Choice of Business Organisation — practice questions

Explore 1 free Choice of Business Organisation questions in CS Executive Sbec. Open each question or exercise to read its content, reference answers and available explanation.

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Pick the bigger business thresholdRead the answer and worked solution →

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Pick the bigger business threshold

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Questions
  1. A
    Public company minimum
    B
    Private company minimum
    Higher value
    Public company minimum
  2. A
    Private member cap
    B
    Partners a firm may have
    Higher value
    Private member cap
  3. A
    Micro turnover limit
    B
    Small turnover limit
    Higher value
    Small turnover limit
  4. A
    LLP audit turnover trigger
    B
    LLP contribution trigger
    Higher value
    LLP audit turnover trigger
  5. A
    Micro plant and machinery
    B
    Medium plant and machinery
    Higher value
    Medium plant and machinery
  6. A
    Section 464 ceiling
    B
    Rule 10 notified cap
    Higher value
    Section 464 ceiling
Instructions
Tap the entry carrying the bigger number in each pair of company and enterprise limits.
_Source: ICSI CS Executive Paper 3 (Setting up of Business Entities and Closure) — Lesson 1: Choice of Business Organisation, pp. 2-11._

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