I was born March 18‚ 1989 which is the third month of the year according to the Gregorian calendar. According to the early Roman calendar‚ March was the first month of the year and formerly called Martius. March’s name honors the Roman God of war named Mars. March has always had 31 days and brings in spring while ending winter so it can be both spring like and wintry. Although March has no national holidays‚ several state and religious holidays are celebrated. For example‚ the Irish celebrate
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Interpret and apply end-of-month (EOM) terms. End-of-month (EOM) terms: a discount is applied if the bill is paid within the specified days after the end of the month. An exception occurs when an invoice is dated on or after the 26th of a month. For example‚ the terms might be 2/10 EOM‚ meaning that a 2% discount is allowed if the bill is paid during the first 10 days of the month after the month in the date of the invoice. An exception to the EOM rule occurs when the invoice is dated on or after
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Introduction Month-end closing in ABC company is performed to finalize a snap shot of transactional activities for the previous month. It is an important activity that provides the basis for financial and management reporting of the company. It is performed for the last time for a particular month to ensure that all transactions are posted and reflected on reports. The month is officially closed when all of the month end processes are complete (including posting.) The month being closed remains
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Introduction to budget A budget is a financial plan for business‚ prepared in advance. It is defined by cima as ‘a plan expressed in money’. Cash flow forecasting is the process of estimating cash inflows and cash outflows over a period of time‚ usually for a period of 1 year. Cash Budget is the process of estimating cash inflows and cash outflows over a period of time‚ usually prepared monthly. Cash flows is the amount of money flowing into and out of a business over a period of time. Cash inflows are
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Food Conservation Month in January; Heart Month and National Arts Month in February; Fire Prevention Month‚ National Women’s Month‚ and Tax Consciousness Month in March; Buwan ng Wikang Pambansa and National Lung Month in August; National Science Club Month in September; National Children’s Month and Consumer Welfare Month in October; and Filipino Values Month in November? Did I forget a month? Oh‚ yes! So‚ what are we celebrating this month? Oh my gulay‚ it’s Nutrition Month! By virtue of Presidential
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Cash Budgets These are used by management as a guide to planning‚ control and decision-making. • So we can see when commitments are due so the business can make payments on time‚ maintaining a good reputation and being able to obtain credit • To show when the business has excess funds which should be invested to earn interest in either the short-term money market‚ in a fixed term deposit‚ in government stock or in an investment account (rather than a cheque account) • To control by
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THIS month of July‚ we traditionally celebrate the Nutrition Month with the theme: "Isulong and Breast Feeding- Tama‚ Sapat at Iksklusibo". Breast feeding campaign is for everybody especially the nursing mother. Is there a need to campaign and promote it? What is the relevance and benefits of Breast Feeding? Breast Feeding in a simple point of view is providing the babies of the most valuable medical contributions to infant health. Human Milk is scientifically proven by the scientist and doctors
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To run a business needs cash. Cash Budget is a record of cash transactions that comes in and out of the business for a specific period of time. This helps in assessing the entity’s financial health whether there are sufficient cash for operations or too much cash are used. It also serves as a purpose of decision making on what amount of money can be granted to a creditor to avoid any liquidity in the business. Cash budget only records strictly cash movements. For example‚ Depreciation is not
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“EMPLOYEE OF THE MONTH” - from a HRM perspective THE PLOT: Vince Downey is the head cashier and winner of 17 consecutive Employee of the Month awards at Super Club. If he wins one more Employee of the Month‚ he will be put in the Super Club’s Hall of Fame and win a new car. Zack Bradley‚ who is the ultimate slacker‚ has been working at the Super Club for 10 years‚ and is still at the bottom job‚ working as a box boy. Then Amy enters the picture; she is a new cashier transferring in from another
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Employee of the Month After watching “Employee of the Month‚” it was clear to see that there were two main issues. These issues were motivation and ethics and they both came up throughout the entire movie. It was almost immediately shown that moviation was an issue at the Super Club (where they all work) with almost all of the employees‚ each seemingly being motivated in a different manor. Since the main protagonist of the movie was Zack (played by Dane Cook)‚ an in-depth look at how his
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