F4 (CL – GLO) – Chapter 23 – PART G – CBE MCQs – ACCA

These are ACCA F4 Global (CL/LW) Corporate and Business Law MCQs for Part-G of the Syllabus “Insolvency law”.

These multiple-choice questions (MCQs) are designed to help ACCA F4 Global students to better understand the exam format. We aim to instill in students the habit of practicing online for their CBE exams. By doing so, students can reduce exam stress and prepare more effectively.

Please note:

  • Students should not attempt these MCQs until they have studied the entire chapter.
  • All questions are compulsory, so please do not skip any.

We hope that these MCQs will be a valuable resource for students preparing for the ACCA F4 Global (CL/LW) exam.

INFORMATION ABOUT THESE CBE MCQs Test/Quiz

Course:ACCA – Association of Chartered Certified Accountants
Fundamental Level:Applied Skills
Subject:Corporate and Business Law
Paper:F4 Global – CL/LW
Chapter:Insolvency and administration
Chapter Number:23 of the Practice and Exam Kit
Syllabus Area:G – “Insolvency law”
Questions Type:CBE MCQs
Exam Section:Section A

Syllabus Area

These Multiple Choice Questions (MCQs) cover the Syllabus Area Part G of the Syllabus; “Insolvency law” of ACCA F4 Global (CL/LW) Corporate and Business Law Module.

Time

These MCQs are not time-bound. Take your time and solve them without stress. Pay proper attention and focus. Do not rush or hesitate.

Result

Students will get their F4 Global CBE MCQs Test results after they finish the entire test. They will also be able to see the correct and incorrect answers, as well as explanations for the incorrect questions.

Types of Questions

MCQs: Choose one from the given options.
Multiple choice: Choose all those answers which seem correct/ or incorrect to you, as per the requirement of the question. Keep your eye on the wording “( select all those which are correct/ or incorrect)“.
Drop-down: Select from the list provided.
Type numbers: Type your answer in numbers as per the requirement of the question.

 

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F4 (GLO) - Chapter 23 - Part G - MCQs

Course: ACCA - Association of Chartered Certified Accountants
Subject:
F4 (LW/CL) (GLOBAL) - Corporate And Business Law
Syllabus Area: G - Insolvency law
Chapter in Kit: 23 - Insolvency and administration
Exam Section: Section A
Questions type: MCQs
Time: No Time Limit

INSTRUCTIONS

  1. If you are using mobile, turn on the mobile rotation and solve the MCQs on wide screen for better experience.

REQUEST

  1. Please rate the quiz and give us feedback once you completed the quiz.
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1 / 15

Which of the following parties applies for a company to be liquidated in a creditors' voluntary liquidation?

2 / 15

Which of the following determines whether a voluntary liquidation is a members' or creditors' voluntary liquidation?

3 / 15

Which of the following parties may apply to the court for the compulsory liquidation of a company?

4 / 15

In which of the following situations will the court order the compulsory liquidation of a company on the just and equitable ground?

5 / 15

Which of the following parties has their interest paid last out of a liquidated company's assets?

6 / 15

In the context of corporate insolvency, which of the following describes the purpose of an administration order?

7 / 15

Which of the following parties may appoint an administrator without a court order?

8 / 15

Which of the following names is given to the person in charge of the voluntary liquidation of a company?

9 / 15

At which point does a members' voluntary liquidation commence?

10 / 15

Which TWO of the following resolutions may commence a creditors' voluntary liquidation of a company?

  1. A special resolution of the creditors
  2. A written resolution of the members with a 75% majority
  3. A resolution of the board of directors with a 75% majority
  4. A special resolution of the members

11 / 15

Which of the following is the title of the liquidator involved in a compulsory liquidation?

12 / 15

In which publication must the notice for a creditors’ voluntary liquidation be published?

13 / 15

Which of the following parties has their interest paid first out of a liquidated company's assets?

14 / 15

Which of the following statements concerning administration is correct?

15 / 15

Which TWO of the following will end an administration period?

  1. After 12 months have elapsed since the administration commenced
  2. The success of the administration
  3. A court order granted following a special resolution of the members
  4. Agreement of the creditors

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