Bitcoin‚ which receive lots of query from publics or professors‚ do have its positive side— both for the conveniences of international transfer transaction and for the healthy development of economics. Since the Bitcoin is a peer-to-peer payment system based on virtual transactions‚ the transfer fee was little (even none). Compared to Bitcoins’ little transfer fee‚ the transfer fee of banks and transfer institutions is much higher. From the up to date report of the profit of western union‚ an international
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Part 1 Question a Provide examples of how real world multinational corporations (MNC) reduce their translation‚ transaction and economic exposures. Translation exposure is the effect of changes in exchange rates on the accounting values of financial statements (Shapiro‚ 2010‚ p.356). The translation exposure arises from the conversion the financial statements denominated in foreign currency from denominated in home currency. The MNCs could reduce their translation by using funds adjustment
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Report of analysis about Heavenly Chocolates web site transactions 1. Graphical and numerical summaries for the length of time the shopper spends on the Web site‚ the number of pages viewed‚ and the mean amount spent per transaction. There is a simply view on Table 1.1 about the 3 variables. Table 1.1 Simply view on numerical summaries Time (min) Pages Viewed Amount Spent ($) Mean 12.8 5 68.13 Median 11.4 5 62.15 Minimum 4.3 2 17.84 Maximum 32.9 10 158.51 Range 28.6 8 140.67
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Objective: By the end of the lesson‚ leaner should be able to; 2.1 Explain how electronic transactions can reduce paperwork and delay(advantages ). 2.2 Examine how EDI has developed and laid the foundations for b2b e-business. 2.3 Evaluate the use of different Electronic Payment Systems. 1 Electronic Transactions Bringing this concept into perspective by answering the question. What is Electronic Transactions? (Class discussion). An act of buying or selling something or sending money electronically
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ACCOUNTING INFORMATION SYSTEM 2 TOPIC: USING ELECTRONIC DATA INTRCHANGE (EDI) TO IMPROVE THE EFFICIENCY OF ACCOUNTING TRANSACTIONS TABLE OF CONTENT NUM TITLE PAGE 1 TABLE OF CONTENT 2 2 INTRODUCTION OF TOPIC 3 3 DISCUSSION ON USING ELECTRONIC DATA INTERCHANGE TO IMPROVE THE EFFICIENCY OF ACCOUNTING TRANSACTIONS(7 Article research paper) 4-15 4 CONCLUSION 16 5 Recommendation 17 6 Refference 18 7 Appendices 19
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the contract which motivates the agent to a level of effort that would maximise the principals’ profit. Transaction cost economics ‘takes transaction as the focal unit of analysis’ (Alawattage‚ Wickramasinghe). TCE focus is on comparative understanding of the alternative arrangements within which transactions take place. It tries to explain why the firms exist and ‘why are some transactions more likely to be executed within one form of institutional arrangements‚ whereas others tend to be associated
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When reformulating the Gig Economy phenomenon in a Transaction Cost Economics perspective‚ Proposition 1 arises: theoretically‚ the greater the uncertainty in the transaction is‚ the lower firms will recur to On-Demand services. In the specific case of Amazon Mechanical Turk and Upwork‚ uncertainty can be determined as: the degree to which the platforms’ infrastructure protect parties and guarantee the transaction (internal uncertainty); the extent to which different countries regulate temporary
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Hogan Plc. Discussion You have receivables of AUD 28 million (to be paid in 3 months) You need to identify the most appropriate strategy to be used in hedging the transaction exposures. Choose between: i. Forward market hedge ii. Money market hedge iii. Options hedging Strategy 1: hedging using forward contract Because Hogan will receive AUD in 6-months‚ their concern is that they’ll have to convert the AUD to less USD. 1) Today‚ Hogan buys a forward contract to sell AUD (they’ll receive in 6 months)
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with bank debit cards versus people without bank debit cards. People with debit cards are less likely to make ATM transaction because they can use their bank debit cards at stores to pay for their items without having to go directly to their bank to make the withdraw. The test is going to use a significant level of .01 for the test. The null hypothesis is that there are less ATM transactions necessary for debit card holders than by non debit card holders. ANOVA/Z TEST/F Distribution
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are compromised like slower internet connectivity; poor performance of the computer; and lastly‚ bugs in the system causing computer lockdown and even shutdown. There are also times when the internet café administrators use their internet café transaction management system with difficulty thereby adding additional burden to the tasks they have to do in an internet cafe. Lastly‚ there are times when the system they are using malfunctions‚ resulting in many problems like: disconnections‚ lockdown‚
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