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AS
Question Practice

Which of the following statements about share forfeiture is incorrect?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Accountancy
Accountancy Part - II
Accounting for Share Capital
Question Bank

Which of the following stateme...

Single Answer MCQ
Q-00082425

Which of the following statements about share forfeiture is incorrect?

1

Forfeited shares can be reissued

2

Forfeiture must be approved by the shareholders

3

Forfeited shares are cancelled automatically

4

Forfeiture can occur due to non-payment of calls

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Q4.

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