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What is the main distinction between the managerial remuneration of a public company and a private company?
  • a)
    There is no restriction on managerial remuneration in a public company.
  • b)
    A public company can pay a maximum of 11% of net profits as managerial remuneration.
  • c)
    A private company can pay a higher percentage of net profits as managerial remuneration.
  • d)
    Managerial remuneration is not allowed in private companies.
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
What is the main distinction between the managerial remuneration of a ...
In a public company, the total managerial remuneration cannot exceed 11% of net profits. There is no such restriction in a private company.
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What is the main distinction between the managerial remuneration of a public company and a private company?a)There is no restriction on managerial remuneration in a public company.b)A public company can pay a maximum of 11% of net profits as managerial remuneration.c)A private company can pay a higher percentage of net profits as managerial remuneration.d)Managerial remuneration is not allowed in private companies.Correct answer is option 'B'. Can you explain this answer?
Question Description
What is the main distinction between the managerial remuneration of a public company and a private company?a)There is no restriction on managerial remuneration in a public company.b)A public company can pay a maximum of 11% of net profits as managerial remuneration.c)A private company can pay a higher percentage of net profits as managerial remuneration.d)Managerial remuneration is not allowed in private companies.Correct answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the main distinction between the managerial remuneration of a public company and a private company?a)There is no restriction on managerial remuneration in a public company.b)A public company can pay a maximum of 11% of net profits as managerial remuneration.c)A private company can pay a higher percentage of net profits as managerial remuneration.d)Managerial remuneration is not allowed in private companies.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the main distinction between the managerial remuneration of a public company and a private company?a)There is no restriction on managerial remuneration in a public company.b)A public company can pay a maximum of 11% of net profits as managerial remuneration.c)A private company can pay a higher percentage of net profits as managerial remuneration.d)Managerial remuneration is not allowed in private companies.Correct answer is option 'B'. Can you explain this answer?.
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