in return you gain a whole lot of new professional friends and advertisement. Developing Customer Relations This involves more than just providing good customer service. Relations can be nurtured using the following strategies.: Good database management: Collect information from you customers. Create memberships to your different establishments. This way you gain information for marketing while building a rapport with your customers so they keep coming back. Provide incentives for loyalty. You
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organisational plan and all the related measures that an entity adopts to: * safeguard assets * encourage adherence to company policies * promote operational efficiency * ensure accurate and reliable accounting records. It is either an administrative control or an accounting control Characteristics of an effective internal control system include: * Competent‚ reliable‚ and ethical personnel * Assignment of responsibilities * Proper authorisation * Separation of duties
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Case Analysis Questions Patten Corporation I find this a very rich case that makes for a great introduction to my course. To get the most out of it‚ you need to spend some time thinking about what the company does. Read the case carefully. 1. What does Patten Corporation do? What does it buy? What goods or services does it sell? How does Patten make money? 2. Is Patten profitable or unprofitable? If it is profitable‚ what does the company do that makes it profitable? If profitable
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The Pool of Argument Topics This page contains the Argument topics for the analytical writing section of the GRE General Test. When you take the test‚ you will be presented with one Argument topic from this pool. The wording of some topics in the test might vary slightly from what is presented here. Therefore‚ read your test topic carefully and respond to the wording as it appears in the actual test. Discuss how well reasoned you find this argument. The following appeared in an editorial
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The basic accounting concepts have defined the conception of the preparation of financial statements and the process of preparation in the UK is well regulated. But financial accounting requires a fair amount of flexibility in some certain areas‚ so the need of judgements and estimations for accounts preparers is demand. Meanwhile it leaves a significant approach in accounting treatments. For example‚ when organizations decide which of several inventory valuation methods to utilize; managers make
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U. S. Generally Accepted Accounting Principles (U. S. GAAP) and International Financial Reporting Standards (IFRS) There are numerous companies that use different types of accounting standards or rules. International Financial Reporting Standards (IFRS) and U.S. Generally Accepted Accounting Principles the most popularly used by companies. IFRS is a set of accounting standards that provides a global framework for how public companies prepare and disclose their financial statements. The U.S. Generally
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and gain credibility by preventing fraudulent accounting. Accountants ought to be able to maintain impartiality and independence to create a clear‚ credible and unbiased audit. Hence‚ the ethical principles are considered important. This is because the work of accountants requires a high level of ethics since the financial statements prepared and verified by auditors reflect the true and current financial performance of the company‚ in which the management heavily relies on for decision-making. The
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Impromptu Topics: 1. You are an ant. Convince an anteater to not eat you. 1. Explain three different ways to eat an Oreo cookie. 1. Tell us about a nickname you have and how you got it. 1. Convince us to vote for you as president of the USA. 1. Explain three uses for a pencil besides for writing. 1. Read us a letter you might write home when you are staying at a circus training summer camp. 1. Tell us about your summer plans. 1. Convince us that homework is harmful
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Accounting and Finance Management Assignment 2 Semester: 3 Prepared by: Osoba Seun Student Number: Sc-Kl-00021763 Email Address: josher4real@yahoo.com Date submitted: 17/01/2014 Question 1 Sales Budget September ($) October ($) Budgeted sales (units) 9‚500 Selling price per unit $12 Total sales 90‚000 114‚000 Schedule of expected cash collections: October ($) Account
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ACCT 203: Section 1 Essay Instructions The Issue: You are a partner in Acme Accounting PSC and as such are considering how to respond to a letter written to you by “Bob” a new client. In his letter‚ he stated that he heard that there are two ways he can identify cost in the normal course of his construction business operations. He would like two know what they are‚ the major differences between them and which one best fits his business in terms of performance analysis. Your partners have asked
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