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Commerce Auditing Difficulty: Medium

Chamber of commerce is the form- Which form of market efficiency states that current prices fully reflect all publicly available information? American companies prepare their financial statement in Dollars whereas Japanese companies produce financial statement in Yen. This is an example of: 'Provision' under the companies act, 1956 means with holding of profit for the following What is/are the following differences between private and public limited companies? 1. In a private limited company there is restriction on the number of members, where as no such restriction is applicable on a public limited company. 2. A private limited company can be listed on a stock exchange, where as a public limited company is always listed on a stock exchange. 3. A private limited company cannot issue debentures, whereas a public limited company can issue debentures.