Ice Cream Store Ordering and Billing System With Inventory Management A Project Presented to The Faculty of STI College Shaw In Partial Fulfillment Of the Requirements for the Degree of Bachelor of Science in Computer Science By Abstract Ice Cream store located at barangay San Nicolas Pasig City is currently using manual operation particularly in ordering‚ billing and inventory management that caused the day to day operation more complicated that caused problem.
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Structure Setting and Adjustment | Definition | A pay structure is a collection of pay rates or pay ranges.Structure setting and adjustment is the process of developing‚ adjusting‚ and maintaining a pay structure. | Purpose | Pay structures are used to help organizations: * maintain pay levels that are competitive with the external labor market‚ * maintain internal pay relationships among jobs‚ * recognize and reward differences in level of responsibility‚ skill‚ and performance‚ and
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Q: Is depreciation expense or depreciation cost is fixed cost or variable cost in nature? Fixed costs: Fixed costs are such costs that do not change with the change in activity level within the relevant range. Where relevant range can be defined in terms of time or activity level. Variable costs: Variable costs are such costs that change with the change in activity level . Coming to the question‚ depreciation expense or depreciation cost can either be fixed or variable and this depends on the
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products. Chuck questioned if the current cost-management system was providing the management with accurate data about product costs. In a traditional‚ volume-based product-costing system‚ only a single predetermine overhead rate is used. All manufacturing-overhead costs are combined into one cost pool‚ a grouping of individual indirect cost items‚ and they are applied to products on the basis of a single variable that costs over a given time span (cost driver) that is closely related to production
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CASE 5.4 Part B – Signals of Manipulation Reviewing Beneish’s manipulation index‚ we note a high probability of manipulation for both fiscal Year 5 and Year 6. The major factors of this are the rapid growth in sales and the level of accruals in earnings. The Company experienced negative cash flows from operations for both years as a result in significant decreases in A/R and inventories. Reviewing the financial ratios‚ we also noted the relationship between inventories and COGS‚ which is not
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Inexperience and incompetent management are the main reasons for failure. ANS: T PTS: 1 NAT: AACSB Reflective Thinking | Motivation Concepts KEY: pg 29 8. Good entrepreneurs seek feedback from others. ANS: T PTS: 1 NAT: AACSB Reflective Thinking | Motivation Concepts KEY: pg 31 9. A good trait for an entrepreneur is to be a calculated risk taker. ANS: T PTS: 1 NAT: AACSB Reflective Thinking | Motivation Concepts KEY: pg 31 10. Most
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Knowledge test Submission details Candidate’s Name Candidate’s ID number Assessor’s Name Assessment Date/s Time/s Instructions to Students 1. You must accurately complete the Student Assessment Pack. 2. Your Assessor may want to discuss written answers with you to get further evidence of your understanding and to check that it is your original work 3. You need to submit Assessment Cover Sheet for each assessment. 4. You are permitted to use dictionaries and to seek support‚ as required.
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Case Assignment‚ Chapter 6 (Short Answer) Management What Would You Do? Cisco Systems‚ Palo Alto‚ California. Your board of directors wants to know: How should Cisco grow? Your response was‚ “Well‚ the way we’ve grown in the past is. . . .” “No. That’s not the question. Looking backward is easy. How should we grow in the future? Should we build or buy?” And with the next board meeting in only 3 months‚ you don’t have much time to come up with the answer. Cisco started in 1984 as the plumbers
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Cost reduction Generally defined as the act of cutting costs to improve profitability. Cost reduction‚ should therefore‚ not be confused with cost saving and cost control. Cost saving could be a temporary affair and may be at the cost of quality. Cost reduction implies the retention of essential characteristics and quality of the product and thus it must be confined to permanent and genuine savings in the costs of manufacture‚ administration‚ distribution and selling‚ brought about by elimination
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Topic 6: Management Accounting and Cost Case: Shelter Partnership a. My main learning outcomes from Topic 6 and the Case Study; 1) Firstly‚ I realize management accounting has much to offer. Somehow I can handle physics but not accounting. Now thanks to this course I can appreciate and make sense of it. The bit that really caught my attention was seeing how management accounting can be really useful for business planning‚ cost management‚ budgeting and performance measurement. It offers
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