ACKNOWLEDGEMENT I am Yogeswaary d/o Marathandavan from Saito College‚ studying Diploma in Business Information Technology. This report is regarding Business Information System subject‚ for this assignment I need to do survey by choose one department in an organization and carry out an investigation on the usage of information system in that department. I choose “ASIAPRIMA RESOURCES” organization for my assignment. In the organization I choose Marketing department for my research because I need
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INTRODUCTION Artemis Sportswear Company is a company that sells every type of sports wear from the head bands to the shoes on your feet. The company has experienced a steady yearly increase; however‚ the company is still looking for ways in which they can improve their profit line. Their goal is to find ways in which to accomplish this with minimal effect on the workers and productivity. BACKGROUND Artemis Sportswear Company has been in existence for six years. During this time the
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The Company Logo—an asset or expense? As the title of this essay suggests‚ it must first be decided whether the company symbol or logo should be recognized as an asset or an expense. An asset is defined as something of value‚ such as cash‚ equipment‚ inventory‚ or buildings‚ while expense is defined as something that has a negative effect on the value of the practice‚ such as accounts payable. The simple question that needs to be answered is “Does the company logo contributes to or takes away from
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chart of accounts? Chart of accounts (COA) is a list of the accounts used by an organization. The list can be numerical‚ alphabetic‚ or alpha-numeric. The structure and headings of accounts should assist in consistent posting of transactions. Each nominal ledger account is unique to allow its ledger to be located. The list is typically arranged in the order of the customary appearance of accounts in the financial statements‚ profit and loss accounts followed by balance sheet accounts. It is
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CHAPTER 4 Final Accounts Meaning Preparation of final account is the last stage of the accounting cycle. The basic objective of every concern maintaining the book of accounts is to find out the profit or loss in their business at the end of the year. Every businessman wishes to ascertain the financial position of his business firm as a whole during the particular period. In order to achieve the objectives for the firm‚ it is essential to prepare final accounts which include Manufacturing and
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Introduction For Releases 11i to 12‚ this presentation describes the Oracle accrual processes for periodic (expense) and perpetual (inventory) Accounts Payables Accruals‚ also known as uninvoiced receipts or purchase clearing accruals. Accrual integration between A/P‚ Purchasing‚ WIP‚ Inventory and G/L is discussed. Setup and balancing steps‚ implementation and conversion issues‚ and frequent business issues are discussed. In addition‚ custom reporting is also explored‚ with SQL examples included
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thought was doubtful. PwC had been collecting large rebates on airline tickets and other travel expenses being charged as expenses to clients of the firm. These rebates were not being returned to the firm’s clients in the form of savings‚ but the firm was keeping these rebates for it. This was working‚ because the firm would bill the clients for the full price of airline tickets and other travel-related expense‚ but privately‚ the firm negotiated discounts and rebates that they then got at the end of
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CXC PRINCIPLE OF ACCOUNTS PROJECT School-Based Assessment (S.B.A) (Year 2012) [pic] Submitted by: Danique Arthurs Year: May/June 2012 Name of School: Charles Fordyce Business College Name of Teacher: Charles Fordyce Centre No: 100228 Candidate No: Territory: Jamaica Table of Contents Introduction………………………………………………………………..5 Acknowledgement………………………………………………………...6 Description of Business…………………………………………………...7 Location of
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shareholders of the company D The employees of the company (2) Identify any four user groups of financial statements and explain what information that is of interest to them. (3) Your colleague‚ senior manager of Sales & Marketing‚ is confused with the amount of information available in financial reports. In your course of enlightening him‚ you stressed the importance of Malaysian Accounting Standards (MASB) / Financial Reporting Standards (FRS) & he asked you what purpose these serve.
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Question 1 a) Identify three accounts on the balance sheet of Sun Hung Kai that represent tangible assets? Fixed assets‚ Investment properties‚ Properties for sale. b) What are the differences among these accounts? Fixed assets: Known as a non-current asset or as property‚ plant‚ and equipment‚ is a term used in accounting for assets and property which cannot easily be converted into cash. This can be compared with current assets such as cash or bank accounts‚ which are described as liquid
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