Articles of Association - SS2 Accounting Past Questions and Answers - page 1

1

What are the Articles of Association?

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A

A legal document that outlines the rules and regulations governing the internal management of a company.

B

A document that specifies the fundamental principles and purpose of a company.

C

A document that outlines the liabilities of the members of a company.

 

D

A document that outlines the powers of the Registrar of Companies.

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2

Which of the following is NOT typically covered in the Articles of Association?

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A

Share capital and shares

B

Directors and board meetings

C

Company's financial statements

D

General meetings

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3

Who is responsible for ensuring that the company complies with legal and regulatory requirements according to the Articles of Association?

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A

The directors

B

The shareholders

C

The company secretary

D

The government

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4

Which section of the Articles of Association outlines the procedure for amending the AOA?

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A

Share Capital and Shares

B

Directors and Board Meetings

C

Alteration of Articles

D

Company Secretary

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5

Who approves any amendments to the Articles of Association?

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A

The company's directors

B

The Registrar of Companies

C

The company's members

D

The government

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6

What information do the Articles of Association typically contain?

 

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7

Why is the Articles of Association an important document for a company?

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