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marin [14]
3 years ago
9

Government company meaning

Business
2 answers:
zimovet [89]3 years ago
7 0

Answer:

A government company is a company registered under Indian Companies Act in which not less than 51% of paid up shares captital is held by the central government or any state government partly by one or more state governments. Private participation in captail and mangment is not allowed in this form of organization. It enjoys faniancial autoonmy and has idependent staffing system. Such a company does not have to worroy about auditing, accounting and bugetary contols.

denis23 [38]3 years ago
6 0

Answer:

A government company is a company registered under the Indian Companies Act in which not less than 51% of paid up share capital is held by the central government or any state government or partly by central government partly by one or more state governments.

Explanation:

A government company is a company registered under the Indian Companies Act in which not less than 51% of paid up share capital is held by the central government or any state government or partly by central government partly by one or more state governments.

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Which of the following is not required to prove innocent representation?
g100num [7]

Answer:

I think it is C

hope I'm right

5 0
3 years ago
The unemployment rate in an economy is 6 percent. The total population of the economy is 290 million, and the size of the civili
Natali [406]

Answer:

The answer is B.

Explanation:

Unemployed people are those who are out of work and who are actively looking for a job. They are also those citizens they are willing to work but cannot find.

The unemployment rate is 6 percent.

So, The number of unemployed workers in this economy is 9 million (6 percent of 150 million civilian labour force)

We cannot use the total population because out of it, we have young citizen and old ones who are not searching for or willing to work.

4 0
3 years ago
Exxon's response to the 1989 Valdez tanker oil spill in Alaska is an excellent example of a company using thoughtful crisis mana
PilotLPTM [1.2K]

Answer:

Exxon's response worsened its public standing.

Explanation:

Crisis management is the application of game plan to help an organization deal with a sudden and significant negative event.

The Exxon's response is a perfect example of how company should apply thoughtful response in crisis management because Exxon corporation failed to follow several well-established procedures thereby damaged its public standing, failed to seize control of developments after the spill and sending lower-ranking executive to address the situation instead of the chairman going there himself to take control of  the situation in a possible way.

The action taken by Exxon led to the impression that the company disregard pollution problem by not involving top management.

6 0
3 years ago
The cash account for Pala Medical Co. at June 30, 20Y1, indicated a balance of $84,457. The bank statement indicated a balance o
Oxana [17]

Answer:

Pala Medical Co.

a. Bank Reconciliation Statement as at June 30, 20Y1

Balance as per adjusted cash balance $111,670

add outstanding checks                           33,310

less uncredited deposits                           17,610

       overdrawn check                                   180

Balance as per bank statement          $127,190

b. Journal Entries:

c. Debit Cash $28,248

Credit Notes Receivable $26,400

Credit Interest Revenue $1,848

To record the receipt on notes receivable, including interest revenue.

d. Debit Accounts Payable $990

Credit Cash $990

To record the check in payment on account ($1,100 - $110)

f. Debit Bank service charges $45

Credit Cash $45

To record bank charges.

c. If a balance sheet were prepared for Pala Medical Co. on June 30, 20Y1, the amount that should be reported as cash is:

= $111,670.

Explanation:

a) Data and Calculations:

Cash account balance at June 30, 20Y1 = $84,457

Bank statement balance on June 30, 20Y1 = $127,190

Analysis of discrepancies:

a. Outstanding checks $33,310

b. Uncredited deposits $17,610

c. Cash $28,248 Note Receivable $26,400  Interest Revenue $1,848

d. Returned check $1,100 Accounts Payable $1,100  $110

e. Overdrawn check $180 $680 had been erroneously charged by the bank as $860.

f. Bank service charges for June amounted to $45

Cash Account Adjustments:

Balance at June 30, 20Y1 = $84,457

Direct credit                           28,248

Dishonored check                     (990)

Bank charges                               (45)

Adjusted cash balance       $111,670

8 0
2 years ago
An animal shelter spends $2.00 per day to care for each cat and $6.50 per day to care for each dog. Isaiah noticed that the shel
kari74 [83]

Answer:

There were 9 cats at the shelter on Wednesday.

Explanation:

Per day cost to care for each cat = $2.00

Per day cost to care for each dog = $6.50

Total Cost on Wednesday = $44.00

Suppose

Number of cats = C

Number of dogs = D

According to given condition

C + D = 13 (Equation 1)

( each cat's per day cost x Number of cats ) + ( each dog's per day cost x Number of dogs ) = Total coat

2C + 6.5D = 44 (Equation 2)

Multiply (Equation 1) by 2 and we get

2C + 2D = 26 (Equation 3)

Subtract (Equation 3) from (Equation 2)

2C + 6.5D - 2C - 2D  = 44 -26

4.5D = 18

D = 18/4.5

D = 4

by placing value of D in (Equation 1)

C + 4 = 13

C = 13-4

C = 9

4 0
3 years ago
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