for the use of funds for investments within the company. In addition‚ over the past year $600‚000 has been the average investment in the company’s inventory. Accounting information shows that a total of $24‚000 was spent on taxes and insurance related to the company’s inventory. In addition‚ it has been estimated that $9000 was lost due to inventory shrinkage‚ which included damaged goods as well as pilferage. A remaining $15‚000 was spent on warehouse overhead‚ including utility expenses for
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understanding of responsible commerce was‚ for companies to build a socially acceptable business‚ that not only conformed to shareholders wants but to that of society and the environment. Social responsibility is about being transparent so that the business has the trust of the community. It is about looking after all people who have an interest in the business managers‚ to employees‚ the community‚ government‚ it is all stakeholders. It is important because by building a responsible business you build
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INVENTORY PROCESS PROCESS PERSON / UNIT RESPONSIBLE A. Prepare Purchase Request (PR) for supplies and materials needed for the quarter based on the approved annual procurement program‚ at the beginning of the year and each of subsequent quarter. Offices of the General Services Officer (GSO) or the Municipal Treasurer as the case may be. B. Prepare Obligation Slip (OS) covering the requisition under the PR. Office of the GSO or the City Treasurer or the office authorized to prepare the
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Introduction and its Background Introduction Inventories are very essential to meet the shareholder needs and demands for financial information. A computerized inventory stock system helps the companies to keep track of their inventory from initial purchase to final sale automatically. It may contain quantities‚ description‚ price‚ purchasing of items‚ the stock – in and out‚ total amount of products on initial purchase and making reports on the inventory. A store sells certain products
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of the newly computerized system. Almost all of the businesses are using high-end systems that can be easily used which can lessen the time consumed compare to the manual system. Inventory system is an efficient way to monitor and track different products that are being transferred in and out of the company. Inventory system serves several different purposes for the company. One purpose is to monitor the availability of the products. It is important for a company to monitor all transactions and
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Lost at the Fair Every august the family would load up and head to the big fair in Leitchfield. Always excited to get there and head to the rides while dad went to the tractor pull. It was always a great experience until the year 1993. Mom was taking me and my brothers to the rides. We had been to several was having an absolute blast. Then my world froze and I was scared for my life. We were coming out of the fun house my brothers were ahead of me and suddenly I couldn’t find them. I looked
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Study Inventory is basically the total amount of goods and materials held in stock by a factory‚ store and other business. An inventory system is a process whereby a business keeps track of the goods and material it has available. In its simplest sense it can be done manually by a count at the end of each day. In this way it is possible to keep a record of the goods coming in to the business and goods being sold. The same case applies in Kuya’s Lumpiang Sariwa and as a result‚ the inventory system
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THE KRAY BROTHERS Twin brothers Ronald "Ronnie" Kray (24 October 1933 – 17 March 1995) and Reginald "Reggie" Kray (24 October 1933 – 1 October 2000) were English gangsters who were the foremost perpetrators of organised crime in the East End of London during the 1950s and 60s. Ronald‚ commonly called Ron or Ronnie‚ most likely suffered from paranoid schizophrenia.[4] With their gang‚ "The Firm"‚ the Krays were involved in armed robberies‚ arson‚ protection rackets‚ assaults‚ and the murders of Jack
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The Lost Battalion: Film Analysis In movie The Lost Battalion Major Charles White Wittlesey and his troops lead an attack into the Argonne Forest where they encountered severally bloody battles with the Germans‚ who outnumbered them and completely surrounded them. He started off with 500 men at the beginning of the campaign and by the end under 200 men were left. This movie shows the obstacles that stood in their way in order to stand their ground against German forces. These obstacles included
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changing that is imperative to stay ahead of the competition and empower your people with the tools and advancement that is available. The proponents noticed that the company named Homemart Builder’s Center Inc. is using the manual way for inventory of their items. Inventory system is one of the hardest and most important task in business or school transactions. Everything should be clearly and correctly stated based on the record of the company. This company which is located at Talaba IV Bacoor‚ Cavite
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