Case Study Analysis On Accounting Information System
Limited Liability. : In a Sole Proprietorship firm, case study solution personal assets of case study answer owner can be at risk in case study solution event of failure, but here is not case study solution case for a One Person Private Limited Company, as case study answer shareholder legal responsibility is proscribed to his shareholding. Legal Status: case study answer architecture of OPC is that comparable to Private Limited Company. Hence OPC also enjoys case study solution corporate status which helps case study answer entrepreneur to attract pleasant staff and helps to retain them by giving company designations, like directorship. Free Compliances: OPC type of company is very easy to administer. Only few filings are to be made with ROC and they’re exempted from conducted Annual General Meeting.