Give four examples of undistributable reserves.
Define money laundering.
What is placement?
Name three common effects of liquidations.
What are the two most important grounds for compulsory liquidation?
Name two advantages of administration.
Give four examples of undistributable reserves.
Share premium account
Capital redemption reserve
A surplus of accumulated unrealised profits over accumulated unrealised losses (revaluation reserve)
Any reserve which the company is prohibited from distributing by statute or by its constitution or any law.
多做几道
Define money laundering.
What is placement?
Name three common effects of liquidations.
What are the two most important grounds for compulsory liquidation?
Name two advantages of administration.
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