Three of the following six statements are correct: 1 The audit report of a company states that the accounts are correct. 2 A private limited company does not have to make any information available to...

Three of the following six statements are correct:

1 The audit report of a company states that the accounts are correct.


2 A private limited company does not have to make any information available to the public.


3 A public limited company must have an authorized share capital of £50 000.


4 The minimum number of shareholders in a private limited company is seven.


5 Each ordinary share carries the right to a vote.


6 A listed company must present its financial statements in compliance with international accounting standards.


Which are the correct statements?


a) 1, 3 and 5


b) 1, 2 and 4


c) 2, 4 and 6


d) 3, 5 and 6.




May 26, 2022
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