关于ACCAF1ABAccountantinBusiness(AB)科目10大易混淆知识点总结!.pdfVIP

关于 ACCA F1 AB Accountant in Business (AB) 科 目 10 大易混淆知识点总结！ 1. Public sector Private sector Public sector is the organization owned or run by the government or government agencies. All the other organizations are classified as the private sector. 2. Public company Private company Private company is usually owned by a small number of people and these shares are not easily transferable. Shares of public company will usually be traded on a Stock Exchange. 3.Geographic departmentation Where the organization is structured according to geographic area, some authority is retained at Head Office but day-to-day operations are handled on a territorial basis. So it is centralized. 4.Divisionalisation It is the division of a business into autonomous regions of product business, each with its own revenues, expenditure and capital asset purchase programs, and therefore each with its own profit and loss responsibility. So it is decentralized. 5.Internal control An internal control is any action taken by management to enhance the likelihood that established objectivity and goals will be achieved. Management plans, organizes and directs the performance of sufficient actions to provide reasonable assurance that objectives and goals will be achieved. 6.Internal check An internal check is defined as the checks on the day-to-day transactions whereby the work of one person is proved independently or is complementar