Define Proprietorship

Q: What is the doctrine of continuity of business enterprise and continuity of proprietary interest?

A: A merger or acquisition refers to the transactions involving transfer or combination of ownership…

Q: Define corporation

A: Corporation is a legal entity separate from its shareholders. Just like an individual, a corporation…

Q: Sources of business ownership.

A: Introduction:- Funds play vital role in every business for running operations. Companies cannot run…

Q: A Company owns

A: These are the accounting transactions that are having a monetary impact on the financial statement…

Q: Define Limited liability company.

A: Accounting: Accounting is a system, or a process of collecting and organizing economic transactions,…

Q: Define underwriter (of IPO)

A: Initial public offering or IPO is the first public sale of a firm’s stock. IPO is usually made by…

Q: When selecting the most appropriate choice of business structure, some elements to consider are: A.…

A: Business structure is the outer framework of the business i.e. how the business is incorporated,…

Q: Define the term parent company.

A: Parent company is a company which has controlling interest in other company by having owned voting…

Q: Differentiate between S and C corporations.

A: Answer: An S corporation is like any other company established under state law, except that for…

Q: goal of the corporation

A: The ultimate goal of the corporation is to maximize profits, not market value.

Q: Explain proprietorship

A: Sole proprietorship is a term commonly used in business to define the organizational structure.

Q: ership

A: The voting rights associated to shares are voting rights at the company's general meetings, which…

Q: What is an abstract of title?

A: Abstract of title refers to a document that summarizes different activities affecting the ownership…

Q: discuss the forms of business organization as to ownership.

A: There are different type of business organisation which are prevailed in the current market.  The…

Q: Define acquiring company

A: The acquisition means when one company buys the more than 51% stake in another company. Companies…

Q: Explain connecting affiliation and mutual ownership. Explain the differences between the two.

A: In a connecting affiliation, at least one subsidiary has stock in the parent company. ... In a…

Q: Who is considered a related party when we refer to related party transactions

A: Transactions where the client or the client's top management is related to each other or where the…

Q: Document analysis of sole proprietorship

A: The business can be run in any form like sole proprietorship, partnership firm, or a company. To…

Q: Define shareholder agreement. Explain how it is different to articles of association

A: The articles of association are a legal document that defines a company's objective and lays out the…

Q: Explain accounting domain with example

A: Accounting domain is the wide range of accounting including its all branches like financial…

Q: Define bill-and-hold arrangement with example.

A: Bill on hold: Bill on hold transaction specifies that shipping of the product is not done by the…

Q: In which financial statement will drawing of a sole proprietorship be found

A: Drawings are defined as withdrawals from a sole proprietorship's business assets by the owner for…

Q: Discuss the implication of reporting NCI as a separate item of owners equity

A: The minority interest or NCI is the position of ownership where the stake of a shareholder is not…

Q: What is parent company?

A: Introduction: Parent corporations might be hands-on or hands-off its subsidiaries, based on the sum…

Q: What is incorporation by reference?

A: Securities and Exchange Commission (SEC):   The board which set rules for the companies for…

Q: Briefly explain Intellectual Property Rights

A: solution Intellectual property rights               Intellectual property rights is the property…

Q: What is understood by Incorporation by reference?

A: Securities and Exchange Commission (SEC):   The board which set rules for the companies for…

Q: Accountancy concepts should be explained.

A: Accounting fundamentals: Accounting principles refer to the conventions or standards that must be…

Q: a) Explain the concepts: Single Entity Concept, Control and Fair value.

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Explain Sole Proprietorships?

A:

Q: Explain Bill-and-hold concept.

A:

Q: How to register Sole Proprietorship in BIR and DTI?

A: Sole proprietorship is the form  which is managed, controlled and owned through single person  and…

Q: Define S corporation

A: The S corporation is a tax election that legal business entities can choose to elect for taxes…

Q: Define Executor.

A: Will:   A will is a statement made in the lifetime of the person. In his or her will, a person…

Q: Define vested

A: Vested in simpler terms means to confer or bestow power, the authority on someone. In commerce and…

Q: AX, resider

A: A resident foreign corporation in Phillipines is taxed at a similar rate…

Q: anies Act

A: The Companies Act 2013, which was passed by Parliament, received the President's assent on August…

Q: What is articles of association

A: Articles of Association is very important documentation for the company which shows all the rules…

Q: what is sole proprietorship

A: Sole proprietorship: Sole proprietorship is the simple form of business and owner is an individual.…

Q: What ownership pattern is referred to as mutual ownership? Describe briefly or illustrate with a…

A: When two businesses in a business combination own an equity interest in each other, this is known as…

Q: How can the separate entity concept benefit the owner and the business

A: Separate entity concept: It refers to the practice of Recording separately the transactions of the…

Q: Mention two advantages of proprietorship.

A: PROPRIETORSHIP: It is known as a sole trader and entrepreneurship. In this, only one person is the…

Corporate Ethics

Ethics refers to the moral values and principles that guide an individual. Corporate ethics refers to the moral behavior of a company and its employees while conducting business. Business ethics is another name for corporate ethics. Business ethics reflects the purpose of doing the business. Business ethics is the distinction between what is right and wrong in the workplace and the selection of the right set of actions. Every corporate entity follows business ethics to a large extent in order to survive and compete successfully in the market. Corporate entities that strictly adhere to business ethics gain the trust of their stakeholders and thus gain more customers. An organization follows compliance, i.e., following certain business policies, rules, procedures, and practices to deal with the problem arising from the business environment. Business ethics also ensures that they meet compliance requirements as it was connected with the activities of an organization.