WAEC Accounting 2015 Objective — Question 39
Question 39 of 50 from the West African Examinations Council (WAEC) Accounting 2015 Objective paper, with the correct answer and a full explanation.
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The document which sets out the internal arrangement for the proper management of a company is the
- A. prospectus
- B. article of associationCorrect
- C. memorandum of association
- D. certificate of incorporation
Explanation
The article of association contains the details/rules for the internal management and affairs of the corporation.
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