The maximum amount of share capital issued by a company, as detailed in the company’s memorandum of association is ___:
 

Answer: [D] All of the above

Authorized share capital is also known as nominal share capital; nominal capital or registered capital. It is the maximum amount of share capital issued by a company, as detailed in the company’s memorandum of  association. Authorized share capital must be disclosed on the face of the balance sheet.

This question is a part of GKToday's Integrated IAS General Studies Module