CA CPT June 2015 Question Paper Fundamentals of Accounting for online practice

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Question : 55 of 60

Marks: +1, -0

as per the companies Act,2013 which of the following statements is false in respect of a smallcompany?

paid up capital is less than Rs. 50,00,000
public company can be a small company
turnover is less than Rs. 2,00,00,000
small company is not required to prepare cash flow statement as a part of financial statements

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