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    State of South Carolina Entities

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    Write a paper of no more than 500 words that answers the following questions for The state of South Carolina:

    •What is the mission and purpose of the organization
    •What are the primary sources of funding for each
    •What are the primary expenditures for each
    •How successful is each entity in terms of meeting its mission and staying fiscally solvent

    © BrainMass Inc. brainmass.com October 10, 2019, 8:11 am ad1c9bdddf
    https://brainmass.com/business/the-accounting-cycle/state-south-carolina-entities-612624

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    THE STATE OF SOUTH CAROLINA
    Purpose and Mission
     Purpose
    Purpose of the State of South Carolina is to provide innovative, efficient, and standardized services to the inhabitants of the state. The organization is assisted by the Department of Administration which partners with agencies to deliver responsive and cost effective services to the citizens of South Carolina.
     Mission of the organization
    To deliver responsive and cost effective services to citizens of South Carolina
    The state has Component units which are legally separate entities for which the State and its elected officials are considered to be financially accountable. The States discretely presented component units are:
    The Public Service Authority (Santee-Cooper, an electric utility company), the State Ports Authority, the State Housing Authority, Clemson University, the Medical University of South Carolina, and the University of South Carolina
    South Carolina Public Service Authority
    South Carolina Public Service Authority or Santee Cooper, a public utility company ...

    Solution Summary

    Identification of entities of state of SC are determined.

    $2.19