Master of Business Administration- MBA Semester 1 MB0041 – Financial and Management Accounting Q1. Accounting is one of the oldest‚ structured management information system. Give the meaning of accounting and book keeping? Explain the objectives of accounting? ANS. Meaning of Accounting- The systematic and comprehensive recording of financial transactions pertaining to a business. Accounting also refers to the process of summarizing‚ analyzing and reporting these transactions. The financial statements
Premium Balance sheet Generally Accepted Accounting Principles Income statement
Riordan Manufacturing Revenue Cycle Accounting information systems provide the tools to operate and maintain important data related to an organization and interpret the information to develop quality financial reports. The revenue cycle of Riordan Manufacturing reflects sales and the components associated with sales such as inventory‚ freight‚ cost of goods sold and accounts receivable‚ yet this information is not readily available to each facility. Because the forecast for the company is positive
Premium Accounting software Accounts receivable Accounts payable
MARKET RESEARCH 3 3.3 THE SALES PLAN . Prices And The Market . Pricing Strategies . Marketing Segmentation And The Marketing Mix . The Marketing Process . Sales And Finance In Marketing . The Sales Plan Exercise - Calculating Financial Impact Of Sales P 123 THE SALES PLAN 3.3 PRICES AND THE MARKET There are a number of different approaches to pricing. Most businesses use a mix of these approaches or use a different approach to different customers and at different times. How Your Product Or
Premium Marketing
NAME: HAMZA .S. MAKANDE STUDENT NUMBER: TP027192 INTAKE CODE: UC2F1501IBM MODULE: FINANCIAL MANAGEMENT () TOPIC: MULTINATIONAL CORPORATIONS (MNC) INDIVIDUAL ASSIGNMENT LECTURER: NEENA DAS A/P GOGILADAS DATE ASSIGNED: 13th AUGUST 2013 DATE DUE: 27TH MARCH 2015 TABLE OF CONTENTS INTRODUCTION. 3 TYPES OF FOREIGN EXCHANGE EXPOSURE. 5 Transaction Exposure 5 Translation Exposure. 6 Economic Exposure. 7 REASONS FOR MNC TO EXPAND GLOBALLY 8 To Seek for New Markets 8 To Seek New Resources 8 To Seek New Technology
Premium Foreign exchange market International economics Exchange rate
ORGANIZATIONAL DESIGN AND STRUCTURE * Examine customers in each market. * Determine the types of sales jobs needed to serve a market. * Note the job activities salespeople must do. * Design sales jobs around customers. * Set up the sales force organizational structure‚ which includes the various sales jobs and geographic territories. Application Of The Sales Job Classifications 1. Order Takers: wait for the costumer to order 2. Order Getters: obtain
Premium Customer service Marketing Sales
THE ZALE CORPORATION Zale Corporation is a leading specialty retailer of diamonds and other jewelry products in North America. The Company has significant brand name recognition as a result of each of its brands’ long-standing presence in the industry‚ having 2.349 stores in the United States‚ Puerto Rico and Canada. The Company´s vision “provide customers with quality merchandise at the lowest possible price” has remain the same since its first store opening in 1920´s. The Mission of Zale Corporation
Premium Diamond Retailing Revenue
Case 09-1: Velocity Cellular Page 1 D I S C U SS I O N M A T E R I A L S O b j e c t i v es o f t h e C a se This case gives students the opportunity to use accounting and auditing literature and professional judgment to research complex accounting issues effectively and efficiently. Specifically‚ students will be able to: Understand the application of the guidance in ASC 605-25‚ as amended by ASU 2009-13‚ to complex multiple-deliverable arrangements. Understand the application of the
Premium Copyright All rights reserved
Truck drivers transport goods from one location to another. Most tractor trailer drivers are long-haul drivers and operate trucks with a gross vehicle weight capacity‚ which is the combined weight of the truck‚ passengers‚ and cargo. The exceeding amount is 26‚000 pounds. Truck drivers deliver goods on intercity routes. While they are driving‚ they sometimes drive from state to state to deliver goods. If you are a long-haul driver‚ you may be away from your home and family for days‚ if not weeks
Premium Employment Truck United States
of Road Accidents The high socio-economic cost of the injuries and fatalities‚ occurring due to road accidents‚ and the need for effective policies for curbing road accidents make it imperative to study the causes of road accidents. The analysis of road accidents in terms of causal factors reveals that drivers’ fault is the single most important factor responsible for accidents‚ fatalities and injuries. Drivers’ fault accounted for 77.5 per cent (3‚85‚806 accidents) of total accidents; 72.0
Premium Causality Injury Vehicle
Joint Venture 3‚000 20 Joint Venture 7‚500 Income from Joint Venture 4‚287.50 Larry 3‚212.50 10% commission on net purchases to Alvin 25% commission on own sales 20 Cash 2‚287.50 Larry 2‚287.50 Books of Larry Feb. 12 Joint Venture 10‚000 Alvin 10‚000 14 Joint Venture 2‚000 Cash 2‚000 15 Cash 7‚500
Premium Revenue Generally Accepted Accounting Principles