3. Explain how The Comptroller PLC (a Public Limited Company) can operate in both the private and public sectors.
[4 marks]
4. Using concepts such as ownership, control, sources of finance, liability of owners and the
advantages and disadvantages of each, distinguish between sole traders and
partnerships.
(5 marks]
5. Using concepts such as ownership, control, sources of finance, liability of owners and the
advantages and disadvantages of each, distinguish between private limited companies
and public limited companies.
(5 marks]

He management's discussion and analysis (md& a) required in general purpose federal financial reporting is different than that required by gasb of state and local governments in that: a. it includes information about the agency's performance goals and results in addition to financial activities. b. it is outside the general purpose federal financial report and is optional, not required. c. it is a part of the basic financial statements and, as a result, it is audited along with the financial statements. d. there are no significant differences.

Before contacting the news or print media about your business, what must you come up with first ? a. a media expertb. a big budgetc. a track recordd. a story angle

How does the plaintiff, mrs. wood, try to implicate the gun manufacturer ( who testifies, what do they say, what evidence is introduced)?