When an Administrator Is Appointed to a Company They Must

question 22

Multiple Choice

When an administrator is appointed to a company they must give an opinion as to the best of three options available to creditors.Which of the following is not one of the options available?

• A)to end the voluntary administration and return the company to the director's control
• B)to end the voluntary administration and appoint a receiver.
• C)to approve a deed of company arrangement through which the company will pay all or part of its debts and then be free of those debts
• D)to wind up the company and appoint a liquidator

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Definitions:

Alternative Hypothesis

A statistical hypothesis that suggests a difference or effect, opposite to the null hypothesis.

Central Limit Theorem

A statistical principle stating that with a large enough sample size, the distribution of the sample means will be approximately normally distributed, regardless of the population's distribution.

Sample Size

The number of observations or data points selected from a population for statistical analysis.

Central Limit Theorem

A statistical theory that states the distribution of sample means approximates a normal distribution as the sample size becomes large, regardless of the population's distribution.