Journal Entries Journal Entry #1 “I was conscious that a moment’s mutiny had already rendered me liable to strange penalties‚ and‚ like any other rebel slave‚ I felt resolved‚ in my desperation‚ to go all lengths.” –-- -Chapter 2‚ page 6 Reaction: Being really young‚ her sudden decision was a poor choice. Response: She’s still very young‚ and needs to experience more of life in order to make better decisions. Have logic and not be fooled by only emotions. Explanation: With
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Transaction Processing Systems Definition: A Transaction Processing System (TPS) is a type of information system that collects‚ stores‚ modifies and retrieves the data transactions of an enterprise. A transaction is any event that passes the ACID test in which data is generated or modified before storage in an information system Features of Transaction Processing Systems The success of commercial enterprises depends on the reliable processing of transactions to ensure that customer
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Transaction Processing Systems A transaction is an elementary activity conducted during business operations. Transaction processing systems (TPS) process the company’s business transactions and thus support the operations of an enterprise. A TPS records a non-inquiry transaction itself‚ as well as all of its effects‚ in the database and produces documents relating to the transaction. TPS are necessary to conduct business in almost any organization today. TPSs bring data into the organizational
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Identifying the Documents Used to Record Business Transactions 1. Issue of a Purchase Order A purchase order (PO) is document issued by the buyer to the seller‚ indicating types‚ quantities‚ and agreed prices for products or services the seller will provide to the buyer. Sending a purchase order to a supplier is a legal offer to buy products or services. If the seller agrees to selling to the buyer it forms a contract between the two. It should include: * The order number‚ so it can
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Communications Journal Entry 1 Write a 700- to 1‚050-word journal entry in the narrative style. Refer to this week’s readings to inform your responses. Describe the flow of information in your company. In your journal‚ discuss the following: The intrapersonal‚ interpersonal‚ group‚ organizational‚ and intercultural levels of communication within your company How information travels up‚ down‚ and across your organization and how it relates to the basic communications model The functions of the
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Precedent transactions analysis just like comparable analysis‚ uses a multiples-based approach to develop an implied valuation range for a given company‚ division‚ business‚ or of collection of assets. The main criteria of performing precedent transactions is the selection of an appropriate universe of comparable acquisition. Once an initial set of comparable acquisitions is selected‚ factors such as market conditions‚ deal dynamics‚ motivations‚ etc. are being examined. 1)Market conditions refer
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Journal Entry #3 – A Clockwork Orange Burgess’ novel‚ A Clockwork Orange‚ carries many themes prevalent to the time-period of the novel’s release. In a futuristic city governed by a repressive totalitarian super-state‚ humans have become machines or lower animals. The main protagonist of the story‚ Alex‚ asserts his free will by deciding to live a life of debauchery and violence before being robbed of his free-will by the government. When A Clockwork Orange was written the war against Communism
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Chapter 1: Introduction 1.1: Introduction to Company: Transaction Processing Systems (TPS) is a software‚ systems‚ and consulting firm specializing in e-banking and e-payment products‚ solutions‚ and services. TPS is e-banking and e-payments solution experts. IT solutions have become increasingly complex and expensive. Too often‚ businesses end up working to support their IT‚ instead of the other way around. TPS has thrived by observing a single mandate: “Take care of our client’s
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Journal Entry: Today is Thursday‚ March 6th‚ 6075. I found a letter in my mom’s car dating back to 6065. The letter stated that my mom and dad had been one of the three lucky families to get a free trip to Earth. I asked my mom if she had ever went to Earth‚ she replied “yes‚ I went with your father‚ I am hoping I will get the chance to take you someday soon.” “ mom why haven’t you ever talked about going to Earth‚ if you wanted to take me” I asked. She responded blandly not saying much‚ but what
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Questionable Transactions 1. The special purpose entities (SPEs) got Enron into trouble. 2. It is debatable whether Enron’s directors knew how profits were being made through the SPEs. Speculation is that they did have knowledge‚ but did not question the questionable procedures. Evidence that indicates the directors knew how profits were being made includes the following: • Andrew Fastow’s role in establishing the SPEs and falsely creating 3% independent investors in each. •
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