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    REGISTER A PROPRIETARY Ltd COMPANY THE INTERNAL MANAGEMENT OF THE COMPANY IS TO BE GOVERNED BY A COMBINATION OF REPLACEABLE RULES AND A CONSTITUTION - NB SECTIONS 134 AND 135 THE COMPANY IS TO HAVE

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    REGISTER A PROPRIETARY Ltd COMPANY THE INTERNAL MANAGEMENT OF THE COMPANY IS TO BE GOVERNED BY A COMBINATION OF REPLACEABLE RULES AND A CONSTITUTION - NB SECTIONS 134 AND 135 THE COMPANY IS TO HAVE A CLASS OF ORDINARY SHARES AND A CLASS OF REDEEMABLE PREFERENCE SHARES NB SECTIONS 254A (2 )AND(3) PART 2 15 MARKS EXPLAIN WHY THE FOLLOWING SECTIONS ARE IN THE CORP. ACT YOU ARE REQUIRED TO EXPLAIN THE HISTORICAL BACK GROUND AND REASON FOR THEIR INCLUSION IN THE CORP. ACT DO NOT JUST COPY THE SECTIONS AS YOUR ANSWER (1) SECTION 198A - WORD LIMIT 200 WORDS 5 MARKS (2) SECT...

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    This report aimed to develop a critical understating of the various accounting software by evaluating the cloud-based accounting software in regards to businesses and then suggest the most appropriate accounting software to a chosen company such as Woolworth. The findings of the current report reflected that the company has key activities like manage, organize, maintain its store staff, develop various strategies for the business, billing for their products, maintain their transactions, and records them and handle their conflicts, etc. Similarly, its other activities related to revenue and expenditure cycle also includes sales and purchase related practices. Moreover, some internal controls are found weak in Woolworth due to which company has risks like segregation of duties, major frauds, poor corporate governance, improper monitoring of managerial opportunistic behavior.

    This report aimed to develop a critical understating of the various accounting software by evaluating the cloud-based accounting software in regards to businesses and then suggest the most appropriate accounting software to a chosen company such as Woolworth. The findings of the current report reflected that the company has key activities like manage, organize, maintain its store staff, develop various strategies for the business, billing for their products, maintain their transactions, and records them and handle their conflicts, etc. Similarly, its other activities related to revenue and expenditure cycle also includes sales and purchase related practices. Moreover, some internal controls are found weak in Woolworth due to which company has risks like segregation of duties, major frauds, poor corporate governance, improper monitoring of managerial opportunistic behavior.

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