Subject: Accountancy
The office of an organization is the most important unit. It is regarded as the mainspring of a watch and steering of a car. It is equally important to a government unit, the business organization as well as service motive organization. It essential to perform a number of administrative as well as clerical functions in the process of achieving the organizational objectives. There is some importance of the office, they are:
Every organization forms an office to perform its activities in an efficient manner for achieving the organizational goals. Nature, size and duration of the office depend upon the volume of activities and objectives of the organization. The organization which has limited human and other resources forms a small sized office. Similarly, the organization which has the objectives of producing and distributing good and services over a long period of time from a permanent office.
A permanent office is also known as the long term office. It is established for the production and distribution of goods and services over a long period of time. Its activities are not time bounded and its objectives are not sought within the specified time frame. Usually, the size of the permanent office is large with a large number of employees, a huge amount of capital and assets. Its files and transactions are voluminous. Ministries, departments, public enterprises, joint stock company, hospital, school, etc. from the permanent offices for operating their activities.
The temporary office is also known as short term office. It is established with the objectives of producing and distributing goods and services over a short period of time or completing a particular job within a specific number of employees, a small amount of capital and assets. Its transactions are limited. Such office can be as follows:
A temporary office is one which is completing a particular job or producing and distributing goods and services for a specific period of time.
Explain the importance of the office to an organisation.
The office of an organization is the most important unit. It is regarded as the mainspring of a watch and steering of a car. It is equally important to a government unit, business organization as well as service motive organization. It essential to perform a number of administrative as well as clerical functions in the process of achieving the organizational objectives. There is some importance of the office, they are:
What is meant by formation of office? Explain the permanent and temporary office in brief.
The act of establishing an office to perform all the administrative as well as clerical activities of an organization either permanently or temporarily is known as formation of the office.Every organization forms an office to perform its activities in an efficient manner for achieving the organizational goals. The nature of business, size and duration of the office depend upon the volume of activities and objectives of the organization. The organization which has limited human and other resources forms a small sized office. An organization which has the objectives of producing and distributing good and services over a long period of time forms a permanent office. Similarly the organization which has the objectives of producing and distributing goods and services over a short period of time or completing a particular job within a specific period of time required to form a temporary office.
permanent office:
A permanent office is also known as the long term office. It is established for the production and distribution of goods and services over a long period of time. Its activities are not time bounded and its objectives are not sought within the specified time frame. Usually, the size of the permanent office is large with a large number of employees, a huge amount of capital and assets. Its files and transactions are voluminous. Ministries, departments, public enterprises, joint stock company, hospital, school, etc. from the permanent offices for operating their activities.
Temporary office:
The temporary office is also known as short term office. It is established with the objectives of producing and distributing goods and services over a short period of time or completing a particular job within a specific number of employees, a small amount of capital and assets. Its transactions are limited. Such office can be as follows:
What is temporary office?
A temporary office is one which is completing a particular job or producing and distributing goods and services for a specific period of time.
What is permanent office?
A permanent office is also known as the long term office. It is established for the production and distribution of goods and services over a long period of time.
What are the importance of office?
The following are the importance of office: -
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