Business organisation example sentences

It is just like a profit and loss account prepared on accrual basis in case of the business organisations.The government has established a number of financial institutions all over the country to provide finance to business organisations (see Box E).The form of business organisation and status influences the choice of a source for raising money.With respect to ownership, the business organisation may take the form of a sale proprietorship, partnership, or a joint stock company.With the opening up of an economy and the operations of the business organisations becoming global, Indian companies have an access to funds in global capital market.They have to report the activities of the business organisation affecting the society, which can be determined and described or measured and which are important in its social environment.ITC s E-Chaupal initiative is a fine example of a business organisation fulfilling corporate social responsibility.When all receipts and payments are made in cash by a business organisation only, the cash book contains only one amount column on each (debit and credit) side.An economic event is known as a happening of consequence to a business organisation which consists of transactions and which are measurable in monetary terms.In chapter 4, you have learnt that the business organisations keep a record of their cash and bank transactions in a cash book.Management is required in all kinds of organisations whether they are manufacturing computers or hand-looms, trading in consumer goods or providing hairstyling services and even in non-business organisations.It is just like a profit and loss account prepared on accrual basis in case of the business organisations.The Income and Expenditure Account serves the same purpose as the profit and loss account of a business organisation does.Moreover, controlling is as much required in an educational institution, military, hospital, and a club as in any business organisation.Restrictive provisions, detailed investigation and documentation in case of borrowings from banks and financial institutions for example may be the reason that a business organisations may not prefer it, if other options are readily available.