Preview

Acc564 Week 5 Homewrk

Good Essays
Open Document
Open Document
2054 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Acc564 Week 5 Homewrk
10.3 Excel Problem

The Moose Wings Cooperative Flight Club owns a number of airplanes and gliders. It serves fewer than 2,000 members, who are numbered sequentially from the founder, Tom Eagle (0001), to the newest member, Jacques Noveau (1368). Members rent the flying machines by the hour, and all must be returned on the same day. The following six records were among those entered for the flights taken on September 1, 2010: Member # | Flight DateMM/DD/YY | Plane Used | Takeoff time | Landing time | 1234 | 09/10/10 | G | 6:25 | 8:46 | 4111 | 09/01/10 | C | 8:49 | 10:23 | 1210 | 09/01/10 | P | 3:42 | 5:42 | 0023 | 09/01/10 | X | 1:59 | 12:43 | 012A | 09/01/10 | P | 12:29 | 15:32 | 0999 | 09/01/10 | L | 15:31 | 13:45 |
Valid plane codes (plane used column): C = Cessna, G = glider, L = Lear Jet, P = Piper Cub) a. Identify and describe any errors in the data.

Five of the six records contain errors as follows: 1st - Wrong date is used (September 10 instead of September 1). 2nd - Member number is outside range (4111 is greater than 1368). 4th - Plane code X is not valid. 5th - Member number contains a character (A). 6th - Plane landing time (13:45) is earlier than the take off time (15:31).

b. For each of the five data fields, suggest one or more input edit controls that could be used to detect input errors. Field 1 - Member number: * Range check to verify that the field contains only four digits within the range of 0001 to 1368. * Validity check on member number if a file of valid member numbers is maintained. Field 2 - Date of flight start: * Check that day, month, and year corresponds to the current date. * Field check that value is a date Field 3 - Plane used: * Validity check that character is one of the

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Acct 505 Week 1

    • 966 Words
    • 4 Pages

    Complete the tax worksheet to determine the balance of deferred tax asset (DTA) or deferred tax liability (DTL) as at 31 December 2011.…

    • 966 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Acc561 Week 5

    • 250 Words
    • 1 Page

    List the products and show for each quarter and for the 6 months, units, selling price, and total sales by product and in total.…

    • 250 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    Acc/230 Week 8 Checkpoint

    • 304 Words
    • 2 Pages

    From looking at the ratio calculations Luna has a few things they could work on to help their profitability problems. I’ll start with looking at their operating profit margin which is steadily declining while gross profit is consistent indicating a large increase in operating expenses that have grown more than the percentage increase in sales, which in turn affects overall profit. Luna’s net profit margin return on assets is suffering consistently as well, but this is part of the decline in operating profit. The total asset turnover is declining indicating that the asset utilization rate is declining with it. Operating profit is also the reason why the return to equity is suffering constant losses too which makes Luna’s debt ratio at 50% which is scary number in business. You can take from this analysis that we can conclude the main reason for Luna’s profitability problems is largely to the increase in operating profits. They should consider looking into asset utilization, discontinued operation, an income from an outside source or effect of extraordinary items. Luna should develop a system to better help them keep track of their expenses and put forth any addition expensed to increase sales and promote efficient use of the company’s resources as well as avoid any unnecessary expenses. Profitability ratios are important to an organization because they help measure an originations ability to generate profit for a period in time. There are a few ways to measure profitability ratios: Gross profit margin is calculated by gross profit margin divided by the sales; Operating profit margins are calculated by operating profit margin divided by sales; Net profit margin is calculated by net profit margin divided by sales; Return of assets calculated by net profit dived by average total asset; Return of equity is calculated by net profit divided by total…

    • 304 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Acc501 Week 3

    • 2323 Words
    • 10 Pages

    The condensed income statement for the Terri and Jerri partnership for 2010 is as follows.…

    • 2323 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    Acct 505 Week 4

    • 258 Words
    • 2 Pages

    Write a four to five (4-5) page paper, titled Part I: The Operating Budget for the (Selected Agency) in…

    • 258 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Running head: BEGINNING THE AUDIT REPORT � PAGE �1� BEGINNING THE AUDIT REPORT � PAGE �10�…

    • 1183 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    I managed to establish contact with her September 7th at which time she request a two week extension to complete a more detailed list of events.…

    • 69 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    Assignment2 Fall 2013

    • 795 Words
    • 5 Pages

    4. There are five problems in total (A.1, A.2, A.3, B, and C). Therefore, your MS Excel file…

    • 795 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Acct 332 Db2

    • 358 Words
    • 2 Pages

    The second step a company can take is utilizing data entry controls, which is performing several checks to ensure that the information is correct, one example would be a field check where the individual will determine whether the characters in a field are of the proper type (e.g. if you are expecting a zip code and you do not have numeric characters, there would obviously be an issue) (Romney, & Steinbart, 2012).…

    • 358 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Accounting Security

    • 374 Words
    • 2 Pages

    The next control that I implemented pertained to the “Flight Date” attribute. I implemented a limit check to prevent a user from inputting a date that was not equal to 09/01/10. If someone previously had entered in another date, the limit check would be able to detect the erroneous date. (Entry #1)…

    • 374 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Week 6 Acc290 problem 4 8

    • 538 Words
    • 15 Pages

    Paid $1,000 cash on amount owed on truck and $500 on amount owed on cleaning supplies.…

    • 538 Words
    • 15 Pages
    Powerful Essays
  • Powerful Essays

    The frail man who won India her freedom preached non-violence. To Gandhiji though, non-violence, or ahimsa, was a way of life. He wore ‘ahimsa’ leather sandals…

    • 1489 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    I090

    • 12024 Words
    • 49 Pages

    9:45 - 10:15 10:15 - 10:45 10:45 - 11:15 11:15 - 11:45 11:45 - 12:15 12:15 - 12:45 12:45 - 13:15 13:15 - 13:45 13:45 - 14:15 14:15 - 14:45 14:45 - 15:15 15:15 - 15:45 15:45 - 16:15…

    • 12024 Words
    • 49 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Simply put all the students’ name into a hat, shuffle the hat properly and draw out 5 names on a random basis.…

    • 637 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Gshgdgg

    • 1364 Words
    • 6 Pages

    The examinations shall be held on the days, dates and time mentioned below at all Centres Simultaneously.…

    • 1364 Words
    • 6 Pages
    Satisfactory Essays

Related Topics