Chapter 3-1 The Accounting Information System Chapter 3-2 Financial Accounting‚ Fifth Edition Study Objectives 1. Analyze the effect of business transactions on the basic accounting equation. 2. Explain what an account is and how it helps in the recording process. 3. Define debits and credits and explain how they are used to record business transactions transactions. 4. Identify the basic steps in the recording process. 5. Explain what a journal is and
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External Forces Organizational change can be caused by external forces and internal forces. External forces commence outside of the organization and not only do they affect a company‚ but they also cause global affects. There are four components that play a crucial role in change of a organization from an external forces view. These four key factors allow a company to under go change and reconstruct its organization to improve its production and services. Demographics in the work place a re
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10 Ways Psychology Can Improve Your Life Practical Ways to Apply Psychology in Everyday Life By Kendra Cherry‚ About.com Guide See More About: * psychology 101 * applying psychology Do you think that psychology is just for students‚ academics and therapists? Then think again. Because psychology is both an applied and a theoretical subject‚ it can be utilized in a number of ways. While research studies aren’t exactly light reading material for the average person‚ the results of these experiments
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External Assessment The cellular industry is a very competitive industry when it comes to market share. The industry has 4 major national players holding 90% of the market share. The chart below shows the US market share by carrier and how much ground the smaller carriers have to make up. The chart also shows an acquisition that was declined by the FCC‚ as it would have given AT&T 43.3% of the total wireless market share.(Dailywireless.org) The FCC heavily regulates any mergers in the cellular
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Corporate Influence on our Political System Anthony Wade Dr. Donatus Uzomah English 215 June 4‚ 2011 Corporate Influence on our Political System The American political system is built on simple but revolutionary principles from our founding Fathers. These principles state that self-governance is an absolute right and the governments purpose is to serve the interests of the people. Characteristics which are essential to a healthy‚ functioning democracy. But America has stumbled upon a formidable
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The External Factor Political‚ Governmental & Legal Forces Government spending and taxation policies Hong Kong is a free port of less tax and low tax rate. The tax must to pay for enterprise only pay the profit tax every year. The normal rate of Profits Tax is 16.5% for corporations and 15% for unincorporated businesses. More companies have been attracted to invest in Hong Kong. Hong Kong does not impose value-added tax (VAT)‚ goods and services tax (GST) or sales tax. The price of products
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Problem: not working properly acquisition. "is it a problem of Gillette or Duracell?" no real growth no clear strategic direction " the company had gone nowhere for 4 years" External analysis Battery industry/alkaline battery industry Technological segment: new development General environment Global segment: potential market for emerging market‚ sony and panasonic go into US Entry barrier‚ paten is very important‚ we just have 3 players in American market suppliers: who are they
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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
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as a project manager‚ I have been designated to design a new Direct sales and Accounting System for up a coming business “Especially for you Jewelers”‚ or EFYJ. I will be assessing Business benefits‚ explaining the capabilities‚ and giving examples of three (3) possible scenarios. I will attempt to create a Vision Document‚ Activity Diagram‚ and a Use Case Description. SYSTEM DEVELOPMENT When designing any new system special considerations‚ guidelines‚ and specification should be taken into consideration
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101-00128 Oct 2014 Accounting Accounting is the recording‚ measurement‚ and interpretation of financial information (Business 286). This financial information is used to evaluate the organization’s operations. To carry out these interpretations of financial information a public or private accountant is able to do this. To become a public accountant you must earn your CPA (certified public accountant) by passing a test and means you are certified by the state in which you provide accounting services where
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