ACCOUNTING INFORMATION SYSTEM AIS510 PBL REPORT SEMESTER MARCH-JUNE 2012 Problem Based Learning Session 1 TESCI STORES (MALAYSIA) SDN BHD a. What kind of information do you think Tesci gathers? (40 marks) Accounting information system is systems that collect‚ record‚ stored and process the data into information for the users for decision making. However‚ information is data that organized and process to provide meanings to users. Users typically need information to make decisions
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Chapter 1 I.THE PROBLEM and the REVIEW of RELATED LITERATURE Introduction: Craddock Business Services Website and Regirox Store Inventory System; the proposed system is a combination of an advertising website for the Craddock Commercial Building services as well as including an Inventory System for the Regirox Store. Advertising websites in general are used to help promote the specified building or place in hopes of increasing the amount of customers coming to the site and increasing the amount
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CHAPTER I Introduction Background of Study An inventory system is basically a process whereby a business keeps track of the goods and material it has available. In its simplest sense it can be done manually by a count at the end of each day. In this way it is possible to keep a record of the goods coming in to the business and goods being sold. However this is only really appropriate for small businesses that do not have a lot of stock. For larger business it is more likely that a computerized
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using global location numbers‚ the basic supply chain is rapidly evolving into what is known as a Supply Chain Network. Since the mobile phone industry is a vast and much spread one it needs to be really competitive among other brands. One single mistake could lead to loose the whole market share Supply chains and supply networks both describe the flow and movement of materials & information‚ by linking organisations together to serve the end-customer. ‘Network’ describes a more complex structure‚
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Case Study Inventory The Cost of Inventory The general principle for cost inclusion into inventory for US GAAP and IFRS is similar but not exactly the same. First let us look at US GAAP. The basis of accounting for inventories is “cost‚” which is explained in ASC 330-10-30 paragraph 1 as “the sum of the applicable expenditures and charges directly or indirectly incurred in bringing an article to its existing condition and location.” These costs are divided into two different categories‚ the
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The Help Helps Out While reading The Help by Kathryn Stockett‚ it quickly becomes apparent that in 1960’s Southern Mississippi‚ the maids‚ or “the help”‚ played an important role in the family—not only as the maid‚ but often also as the childcare. The maids formed a special bond with the children‚ especially the children who were very young or were born during the maid’s time at the household‚ and in a lot of cases‚ the children seemed to be the only reason the help stayed with the family they
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means of inventory tracking. Many companies and businesses are using sales monitoring and inventory systems for their success and growth. It is an effective way for monitoring sales and tracking different products and materials that are transferred in and out of a company’s warehouse or establishment. Moreover‚ a sales monitoring and inventory system promotes effective inventory control which ensures stocking the marketable and correct items in correct quantities. This system can help the company
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Operations Management & Decision Making – Planning And Control Assignment The organisation I have chosen to examine from an operations management and decision making standpoint is McDonald’s‚ a worldwide chain of fast food restaurants‚ which are run either by a franchise‚ an affiliate or by the corporation itself. There are over 31‚000 branches of McDonald’s worldwide1. It is estimated these restaurants serve a collective 47 million customers daily2. The restaurants mainly sell customers traditional
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this poem? HOW: does the poem get its message across? WHY: do you think the poet wrote this poem? WHAT: is YOUR response to the poem? * 3. WHAT: is the poem about? Try and sum up the main idea of the poem in one or two sentences. * 4. WHO: is speaking in this poem? is the poet speaking in the poem? Is it someone else‚ real or imagined? Is the poet speaking to you? Are they reflecting? Addressing the world in general? Are there any other voices in the poem? * 5. HOW: does the
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Inventory Control Read the case study below “Harvey Industries”. Provide reasoning for the current financial distress of the company and make recommendations for improvements to the new company president. Include at least one specific recommendation for both Supply Chain Management (chapter 15) and Inventory Management (chapter 13)‚ as well as any other recommendations you deem necessary from your reading. Provide your recommendations in a 2-4 page APA style paper. Harvey Industries Background
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