• 1 Marks

FA – Nov 2013 – L1 – SA – Q32 – Accounting Concepts

Identifying the document that governs a company’s relationship with third parties.

The document which discloses the conditions that govern the company’s relationship with third parties is called ____________.

Memorandum of Association

Explanation:
The Memorandum of Association outlines the scope and powers of the company and its relationship with the external world. It specifies the company’s objectives, authorized share capital, and the extent of liability of its members.

Back to all questions

Pick a Form

Professional Tutor Application Form
Academic Tutor Application Form
Student Tutor Application Form