快速查题-ACCA英国注册会计师试题

How many days after creation must a charge be registered in order for it to be valid and enforceable? 

 Which of the following is true concerning late registration of a company charge? 

 Which of the following statements regarding directors' borrowing powers is correct? 

Which of the following MUST be created using a debenture trust deed? 

Which TWO of the following are advantages of using a debenture trust deed? 

(1) The deed creates a charge or charges over the company's assets which creates security 

(2) A single trustee of the debentureholders is appointed so the company only has to deal with one person 

(3) Debentures covered by a debenture trust deed have a higher priority of repayment on liquidation than debentures not covered by a deed 

(4) The process of selling a debenture covered by a debenture trust deed is substantially faster than the process of selling a debenture not covered by a debenture trust deed. 

 Which of the following statements regarding the differences between loan capital and share capital is correct? 

 Which of the following statements regarding the differences between loan capital and share capital is NOT correct?  

Which of the following is the purpose of a 'negative pledge' clause on a company charge? 

The holder of a floating charge may protect their priority by including in the terms of the charge a clause that prevents the borrower from creating a fixed charge on the same asset.  

What is the name given to such a clause? 

Which TWO of the following are true concerning the registration of company charges? 

(1) Charges must be registered within 21 days of creation 

(2) If a charge is not registered on time then the company and its officers who created the charge are liable to a fine 

(3) The Registrar of Companies is permitted to rectify a mistake in the registration documents of a charge with the permission of the chargeholder 

(4) Non-registered charges are valid and enforceable with the permission of the Registrar of Companies