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Statutory control is a type of company management that has been imposed by an industrial authority. Malpractice or corruption can lead an industrial authority to appoint a special team to run a company until investigations are complete.
Wiki User
∙ 9y ago
Wiki User
∙ 9y agoStatutory controls are those laws that state how specific things in society should operate. One of the most common examples of statutory controls is the sale and use of guns and ammunition.
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What is the five step crm process?
Identify hazards, assess hazards, develop controls and make decisions, implement controls, supervise and evaluate.
What are controls designed to do in a CRM?
reduce or eliminate risk
What is the third step in the CRM Process?
Develop Controls & Make Decisions
One company controls the market for a certain product there is no competition?
monopoly
What is a pure market?
a pure market is a market that is free from government controls
What are the purposes of statutory law?
Statutory law is law enacted by a legislative body (ie parliament/congress), it is basically law that is written down and which controls and protects society.
Where requires statutory audit?
Statutory audits are required by governmental agencies or industry regulators. Banks, insurance companies and general firms provide audited statutory financial statements periodically. Statutory audit procedures are varied, and include understanding a business entity's operating environment and controls. An auditor performs tests of accounts and balances on a bank's, an insurance company's or a hedge fund's account balances to check that such balances and corporate financial statements are accurate and complete
When a factual dispute is controlled by both statutory and case law case law always controls?
No. "Case law," also called precedent, controls a case only if it has not been superseded by statute. The only exception is case law regarding the constitution.
Is SEBI a statutory body or non statutory body?
Statutory Body
What is the difference between statutory and non statutory audits?
what is the difference between statutory audit and non statutory audit.
What is statutory inducement?
What is statutory inducements
What are statutory expenses?
statutory expenses
What is a statutory inducement?
A statutory inducement refers to a provision in a law or statute that encourages certain behavior or actions. It is a legal incentive offered by the government to influence individuals or organizations to act in a desired way, such as offering tax breaks for investing in certain industries.
What the difference between statutory and non statutory bodies?
A statutory body deals with written law; non-statutory deals with implied law.
What is statutory fund means?
what is statutory fund
Statutory lending ratio?
There is no statutory lending ratio.
What is the definition of statutory estate?
==One Answer== There is no textbook definition for a "statutory estate" in the U.S. Perhaps you are referring to the statutory right of a spouse to waive the will and take a statutory share of the estate instead.
