FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
Which one of the following statements is incorrect related to the liquidation of the company? 1. Liquidation shall be effected by all the partners 2. Liquidation is processed by an appointed liquidator 3. Two or more liquidators cannot be appointed to act jointly 4. Liquidator appointment need not be as per constitutive documents.
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