or procedures used to record and report financial data are called the accounting system. 3. Systems analysis is the final phase in the creation or revision of an accounting system. 4. Processing methods are the means by which the system collects‚ summarizes‚ and reports accounting information. 5. Accounting systems evolve through a three-step process: analysis‚ design and feedback. 6. An accounting system is the methods and procedures used to collect‚ classify‚ summarize‚ and
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MIDPARK RESTOBAR POINT OF SALE SYSTEM A System proposal presented to the faculty of the College of Engineering & Computer Studies St. Michael’s College Quezon Avenue‚ Iligan City In Partial Fulfillment of the Requirement Of the Course IT - 204‚ System Analysis & Design By: Johvin Lee M. Recla Ralph M. Roble Ronel A. Sarip October 2014 Chapter 1 INTRODUCTION Background of the study “POS” stands for “point-of-sale.” Many businesses‚ such as retail stores‚ restaurants‚ theme parks‚ hotels
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INTERNAL CONTROL AND RISK EVALUATION PAPER ACCOUNTING 542 INTERNAL CONTROL AND RISK EVALUATION PAPER Many businesses are concerned with information technology risks. Many organizations are concerned with different types of risk and attempt to control risk as they are assessed. In order to control risk‚ organizations must create control environments that set the tone of employee awareness and promote operational efficiency. One attempt to control risk is through risk assessment. The purpose
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CHAPTER 1 OVERVIEW OF THE SYSTEM HISTORICAL BACKGROUND One of the big houses today in Brgy. Guadalupe San Carlos City is owned by the Libre family. Mr. and Mrs. Adonis Libre have three children‚ namely Clyde‚ Lanie and Bonnie. They had a convenient store at Bryg. Guadalupe before they had built their new house at the year 1999. Later on their convenient store were replaced with more than one enterprise in San Carlos City‚ such as the C & B electronics which named after the siblings Clyde and
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The Sales and Inventory System is creating a web-based system. Advanced system on sales provide more reliable recording of sales of the company with comparison to its actual cost. Sales and inventory makes the company more productive‚ efficient and convenient to the company and its client. The system is meant to help the people show to their customers more relevant items‚ hoping to expedite and increase the sales and most importantly to increase the profit of the company. With the aid of sales and
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Internal Control and Risk Evaluation Accounting Information Systems 542 October 10‚ 2011 Analyze the risks in the systems that your team analyzed An Accounting Information System is an integral part of the new design of Kudler’s computer system. Accountants do not necessarily need to understand completely how computers process data of the accounting application‚ but it is essential for them to understand the flowcharts and documentation that shows how this processing works. The purpose
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Sale Manual Report ---Samsung cell phone Executive Summary Our company‚ Samsung Electronics Co Ltd‚ is one of the world¡¯s largest microchip makers. We are going to choose China Unicom as our prospect to expand our Chinese market and contribute to our company¡¯s overall growth. As our company¡¯s representative‚ we prepare to use good sale skills to sell our product. Our sales manual includes: the overall growth of China‚ company profile‚ strategies and skills to
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order for good decision making to occur‚ the proper steps must be taken to ensure accurate information used. Sales and Inventory System (SIS) is a computer-based system that is designed to aid decision makers in making decision that may include multiple attributes‚ objectives and goals. Good decision making tools are necessary to make good strategic decisions. Sales and Inventory Systems are used to collect data‚ analyze and shape the data that is collected‚ and make sound decisions or construct
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Internal Control and Risk Evaluation Since offering suggestions for Kudler earlier this month‚ the request has been received to analyze the risks involved. Suggestions included: improving functions of inventory‚ accounts receivable‚ accounts payable‚ and the payroll system with any company. When inventory is involved‚ it is important to maintain accurate records. This will be done for Kudler through automation‚ enhancement‚ and maintenance of the inventory. The risks involved in this change
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commonly system used by the company is the sales system and integrated it with a inventory system‚ this system handle various operations. Spectrum Grains Trader and Rice Miller is owned by Mr. & Mrs. Engr. Edwin Subillaga‚ it was establish on year 1989‚ there main office is located at Aglipay Street Kabacan‚Cotabato and there factory and basement is sited at Lower Paatan Kab.‚ Cot. Spectrum main product is rice; they are the major suppliers of rice in place and some other areas. Sales and Inventory
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