http://www.articlesbase.com/finance-articles/fixed-versus-floating-exchange-rate-229803.html Floating Exchange Rate The floating exchange rate is a market-driven price for currency‚ whereby the exchange rate is determined entirely by the free market forces of demand and supply of currencies with no government intervention whatsoever. Broadly‚ the floating exchange rate regime consists of the independent floating system and the managed floating system. The former is where exchange rate is strictly
Premium Bretton Woods system Foreign exchange market International economics
Accounting System Controls In accounting systems‚ certain controls are needed to ensure that employees are doing their jobs properly and ensure that the system runs properly. These checks are in the best interest of the organization. These controls come in the form of internal and external controls for the system. The internal controls are the checks that are placed in the system my the company ’s own management and directors. Today more and more companies are moving from the manual accounting
Premium Output Computer Internal control
Accounting Information Systems FINAL STUDY Chapter 7 The accounting cycle begins with a transaction by the customer to purchase a product and ends with the closing of accounts for the next period in the accounting cycle The methods for accounting for the accounting cycle are through Journals‚ Ledgers and Trial balances and financial statements. AIS use numeric or alphanumeric codes to record‚ classify‚ store and retrieve financial data There are 4 types of codes they are Mnemonic codes‚ sequence
Premium Database Management SQL
interact to achieve a goal is: a) A system b) An accounting information system c) Data d) Mandatory information This results when a subsystem achieves its goals while contributing to the organization’s overall goal. e) Goal conflict f) Goal congruence g) Value of information h) Systems congruence Goal conflict may result when i) A decision or action of a subsystem is inconsistent with the system as a whole. j) A subsystem achieves
Premium Data Information Accounting software
A STUDY OF ACCOUNTING OF BANKING COMPANIES SUBMITTED IN PARTIAL FULFILLMENT OF REQUIREMENTS FOR THE AWARD OF MASTER OF BUSINESS ADMINISTRATION AND MASTER OF BUSINESS LAWS [pic] UNDER THE ABLE GUIDANCE OF PROFESSOR Dr. GAJENDRA MEHTA FACULTY IN CHARGE‚ PRINCIPLES OF ACCOUNTING BY Iftekhar anees M.B.A.‚M.B.L SEMESTER I NATIONAL LAW UNIVERSITY‚ JODHPUR. August‚ 2006 BONA-FIDE CERTIFICATE Certified that this study paper is the bona fide work Dr. Gajendra Mehta‚ Faculty
Premium Bank Cheque Fractional-reserve banking
Product Management Report on Surf Excel – Group 2 Group Members: Mustafa Ilyas Bhotwawala Anmol Patel Kunal Besra Dhaval Nimkar Kritagya Seth Simrat Pal Singh Product Strategy: Hindustan Unilever has always had a big share in Indian market was washing detergents with other products like RIN‚ and Wheel. Surf excel detergent has always been innovative with always being the first ones to introduce new products to satisfy different customers. Example: Surf excel Matic‚ Surf
Premium Laundry Laundry detergent
…………………………... Introduction Accounting is concerned with providing both financial and non-financial information that will help decision makers to make good decisions. An understanding of accounting therefore requires an understanding of the decision making process and an awareness of the users of accounting information. The major purposes of accounting are to formulate overall strategies and long-run plans. Resource allocation decisions such as product‚ pricing and customer emphasis. Cost
Premium Variable cost Management accounting Costs
example: * Manufacturing companies will need a set of procedures and documents for the production cycle; non-manufacturing companies do not. * Government agencies need procedures to track separately all inflows and outflows from various funds‚ to ensure that legal requirements about the use of specific funds are followed. * Financial institutions do not need extensive inventory control systems. * Passenger service companies (e.g.‚ airlines‚ bus‚ and trains)
Premium Management Strategic management Marketing
1. What is data vis-à-vis information? When can information be deemed good and useful? How are these related/ connected to an information system? Data are facts‚ which may or may not be processed (edited‚ summarized‚ or refined) and have no direct effect on the user. By contrast‚ information causes the user to take an action that he or she otherwise could not‚ or would not‚ have taken. Information is often defined simply as processed data. This is an inadequate definition. Information is determined
Premium Database Information systems Transaction processing
Activity 1 Report on Data Management Contents Page Title Page(s) Introduction 4 Why Collect HR Data 4 Types of HR Data and how it supports HR 4 Data Storage and its Benefits 5 Essential UK legislations relating to recording‚ storing and accessing HR data 5-6 Conclusion 6 Reference List 7 Introduction HR data would need to be stored by all organisations due to either legal requirements or internal purposes. This report will uncover
Premium Data Protection Act 1998 Data Data management