Help me with two questions!

Please can anyone give me the correct answer for the following two questions:

1. If a company within 42 days of declaring dividend is kept unpaid what is it called?

a. unclaimed dividend  (or) b. unpaid dividend

2. Stock exchanges are

a. spot market (or) b. regulated market.

I have a little confusion on the above two. The questions were asked in TRB Exam. So kindly help.

Replies (5)

UNCLAIMED DIVIDEND.

REGULATED MARKET.

Agree with Mr. jaynendra

thank you for the reply. 

can anyone please answer the following questions as well.

1. under criminal liability, the auditor shall be punishable with:

a. imprisonment   b. fine  c. removal from membership  d. both (a) and (b)

 

2. Internal auditor must send report to 

a. management  (or)  b. financial director/chief accountant

 

3. warehouse expenses is an example of

a. distribution overhead  (or) b. factory overhead.

ANS -1) A or 1)A&C

2) TO MANAGEMENT

3) FACTORY OVERHEAD

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