Question 13
Business OrganisationsA feature of a public limited liability company is that
- A.its number of shareholders ranges from 2 to 50
- B.it is required by law to publish its accounts
- C.it is owned by the state
- D.its shares are not open to private individuals
Show the answer and explanation
Answer: B (it is required by law to publish its accounts)
Explanation
Public companies must publish audited accounts.