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What Are the Advantages and Disadvantages of Manual Controls

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What are the advantages and disadvantages of manual controls?


Definitions:

Surplus

The amount by which revenues exceed expenditures in a budget, often referring to profit or the excess of assets over liabilities.

Listed

Refers to a company or security that is officially registered and available for trading on a public stock exchange.

No-liability

A type of company structure where shareholders are not obliged to contribute additional equity to cover company debts in case of insolvency.

Limited by Guarantee

A form of incorporation used primarily by non-profit organizations where the liability of the members is limited to the amount they agree to contribute if the company is wound up.

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