CHAPTER 1 THE PROBLEM AND ITS BACKGROUND Introduction Family is commonly known as the basic unit of society and most important organization here on earth. The first school of each child is home where their parents stand as their first teacher. It is said that‚ whatever the child possess outside the home reflects on what family he or she has. The home is the best place to teach‚ learn good manner and discipline. Sharing life together in marriage and with the children increases the happiness
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UNIT 8 SALES : FORECASTING‚ BUDGET AND CONTROL Structure 8.0 8.1 8.2 8.3 8.4 Objectives Introduction Sales Forecasting Sales Quotas 8.3.1 How Quotas Are Set? 8.3.2 Attributes of A Good Sales Quota Plan Sales Budgeting 8.4.1 8.4.2 8.4.3 8.4.4 8.4.5 Purpose Methods Preparation Implementation and Feedback Mechanism Flexibility 8.5 8.6 Sales Control Methods of Sales Control 8.6.1 Sales Analysis 8.6.2 Marketing Cost Analysis 8.6.3 Sales Management Audit 8.7 8.8 8.9 Let Us Sum Up Key
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from revenues. As simple as this may seem‚ there are many complexities that arise when trying to implement this concept. For example‚ there are many activities and events that must take place to generate revenues. The accountant adopts the procedure of recognizing revenues at the time a certain critical event takes place. The sales (or accrual) basis is the most widely used method for recognizing revenues. Revenues are assumed to be earned at the time the sale is made‚ even though the cash may not
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located at Specialist Building Santiago Boulevard General Santos City. Like many fast food establishment in the the area‚ Yolly’s Pancit Malabon is slowly growing numbers of competitor‚ the food establishment had experience problem pertaining to billing. Software Development (SD) is playing a crucial role in contemporary society. It has transformed the whole world into a global village with a global economy‚ which is increasing dependent on the creative management and distribution of formation. Globalization
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an audit of internal controls. The purpose of an internal control evaluation is to evaluate risk‚ which offers auditors a basis for audit planning and provides useful information to management ("Sox Law"‚ 2006). Auditors typically use the five basic components of internal control to approve the entire system. According to Louwers‚ Ramsay‚ Sinason‚ and Strawser (2007) the five components to internal controls include control environment‚ risk assessment‚ control activities‚ monitoring‚ and information
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IMPORTANCE OF COMPANY’S CSR ACTIVITIES IN INDIA: IT’S EFFECT ON CONSUMER BUYING BEHAVIOUR For Business Research Methods Submitted to‚ Submitted By‚ Dr. Gunjan Malhotra Shrirang Jadhav (09FT-064) Mohd Afroze Ali (09FT-085) Mohd Asif (09FT-086) Nitesh Bhagchandani (09FT-185) Table Of Contents Abstract: 3 Keywords : 3 Introduction: 3 Literature Review: 6 Research Gaps: 8 Objective: 8 Research questions: 8 Research Hypothesis: 8 Methodology: 8 Discussion and observation: 9
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ORDER AND SALES SYSTEM OF BIANO’S PIZZA Project Title INTRODUCTION: Ordering system through out the world has relied on pens and papers. Problems suchas missing orders and information sent to the wrong place arise. Furthermore‚ some could not be able to handle the massive volume of orders. Under the old manual ordering systems‚ it takes up too much time to process. Real time ordering and improved efficiency has been the focus of entrepreneurs. As with many business scenarios‚ getting rid of paper
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Basic Financial Statements Accountants‚ business owners‚ investors‚ creditors and employees use four basic financial statements of an organization to determine the financial well-being and future earnings potential of that organization. Financial statements are a key tool in seeing and understanding the past‚ present and future condition of an organization. What are these financial statements and what do they mean to the reader? Do the financial statements mean something completely different to
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recording‚ and communicating economic events that affect a company (Weygandt‚ 2008). Because various factors can influence an organization ’s financial situation‚ the role of accounting is vital in which these three activities are conducted. FOUR BASIC FINANCIAL STATEMENTS The four basic financial statements are: income statement‚ retained earnings statement‚ balance sheet‚ and statement of cash flows. Companies typically produce different forms based upon the information needs
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I. OVERVIEW OF COLLECTION PAYMENT METHOD The Payment Collection of Bills also called “Uniform Rules for Collections” is published by International Chamber of Commerce (ICC) under the document number 522 (URC522) and is followed by more than 90% of the world’s banks. According to URC 522‚ “Collection” means the handling by banks of the documents in accordance with instructions received‚ in order to obtain payment and/or acceptance or delivery documents against payment and/or against acceptance or
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