Multiple shops ppt 201
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Multiple shops are a network of retail shops owned by manufacturers that are located in convenient, populous areas. They benefit from centralized purchasing, control, and operations formulated by the head office, including identical product ranges and cash-only sales across all branches to efficiently serve customers.
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CONTENTS
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Differences between Companies and Partnerships
Advantages of Companies over Partnerships
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(i) liability or
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BY LIABILITY
S.14 (2) Companies Act 1965 (CA) – a company may be:
A company limited by shares;
A company limited by guarantee;
A company limited by shares and guarantee;
An unlimited (liability) company.
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S.4(1): ‘Where the company, or corporation, society, association or other body incorporated outside Malaysia, but which carries on business in Malaysia..‘
It is wholly or majority owned (measured in % of shares held) by non-Malaysians.
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CONTENTS
Types of Companies
Differences between Companies and Partnerships
Advantages of Companies over Partnerships
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Companies in Malaysia are classified according to:
(i) liability or
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A company limited by shares;
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It is wholly or majority owned (measured in % of shares held) by non-Malaysians.
Such company has to lodge certain documents as laid down in S.332(1) CA 1965 and pay the appropriate fees before commencing the business in Malaysia.
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This document discusses cash credit, which is a financing facility provided by banks to fund working capital needs. It defines cash credit and explains how banks determine cash credit limits based on factors like production, sales, inventory and past utilization. Banks typically sanction limits equal to 60-70% of current stock and 60-70% of debtors up to 180 days. Interest is charged monthly on the actual amount utilized. Cash credit functions like a current account with an overdraft limit. Stocks and debtors are usually hypothecated to the bank as security. Commitment charges may also be levied on unutilized portions of the limit.
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The document discusses the process of vouching during an audit. It can be summarized as:
1. Vouching involves carefully examining original documents like invoices, receipts, correspondence, minutes and contracts to verify the accuracy of entries in the books of accounts and detect any omitted transactions.
2. The auditor checks that vouchers are properly arranged, dates are correct, signatures show proper authority, there are no alterations, words match figures, transactions relate to the business, account heads are accurate, and revenue stamps are correct.
3. The goal of vouching is to verify the truth and accuracy of book entries, ensure no fraud has occurred, and allow the auditor to certify the accounts as correct
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Certified as an ISO/IEC 27001: Information Security Management Systems (ISMS) Lead Implementer, Data Protection Officer, and Cyber Risks Analyst, Denis brings a heightened focus on data security, privacy, and cyber resilience to every endeavor.
His expertise extends across a diverse spectrum of reporting, database, and web development applications, underpinned by an exceptional grasp of data storage and virtualization technologies. His proficiency in application testing, database administration, and data cleansing ensures seamless execution of complex projects.
What sets Denis apart is his comprehensive understanding of Business and Systems Analysis technologies, honed through involvement in all phases of the Software Development Lifecycle (SDLC). From meticulous requirements gathering to precise analysis, innovative design, rigorous development, thorough testing, and successful implementation, he has consistently delivered exceptional results.
Throughout his career, he has taken on multifaceted roles, from leading technical project management teams to owning solutions that drive operational excellence. His conscientious and proactive approach is unwavering, whether he is working independently or collaboratively within a team. His ability to connect with colleagues on a personal level underscores his commitment to fostering a harmonious and productive workplace environment.
Date: May 29, 2024
Tags: Information Security, ISO/IEC 27001, ISO/IEC 42001, Artificial Intelligence, GDPR
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Any substance (other than food) that is used to prevent, diagnose, treat, or relieve symptoms of a
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