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A company that offers shares of stock on the open market is a public company, and will have different financial reporting requirements than a private company. Public company owners don't make decisions based solely on their preferences they must always consider the opinions of the business's outside investors.
\nBefore a company goes public, it must meet certain criteria. It is defined by different structures of power; in a federal government, there may exist various departments or levels of government which are delegated to them by its member states. The auditor of a government company is appointed by the Central Government on the advice of the Comptroller and Auditor-General of India. SOURCES: ADVANTAGES & DISADVANTAGES The table below provides examples of different sources. Advantages and Disadvantages of Federal System of Government ","hasArticle":false,"_links":{"self":"https://dummies-api.dummies.com/v2/authors/8974"}}],"_links":{"self":"https://dummies-api.dummies.com/v2/books/"}},"collections":[],"articleAds":{"footerAd":"
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