- 1 Marks
BCL – L1 – SA – Q89 – Accounts and Audit
Question
Which of the following documents is submitted by the board of directors at every AGM ?
A Balance sheet
B Profit and Loss Account
C Both A and B
D None of the above
Answer
C
Explanation:
The correct answer is C because the board of directors must submit both the balance sheet and the profit and loss account (financial statements) at every annual general meeting for shareholder review. Option A and B are incomplete, and D is incorrect as financial statements are mandatory.
- Tags: Annual General Meeting, aw, Financial Statements
- Level: Level 1
- Topic: Accounts and Audit
- Uploader: Samuel Duah