The responsibilities for the IT department or also known as the Information Technology department in a business is to assure all systems are functional at all times. The IT department is in charge of the software‚ hardware‚ architecture and the networking of the computers in the company. Employees within the IT department are responsible for different parts of the department. There are the Programmers‚ groups in charge of the Company Website‚ the Technical Support and the Administration. The different
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bank‚ potential vendors‚ or other interested parties. An account system is also important to process sales‚ purchase orders‚ invoices‚ payroll‚ and other business functions manually. The accounting system must be scalable‚ secure and gather data feed from other business systems to collect up-to-date business finances. The installed REMS came with the following Finance and Accounting Financial Modules: General Ledger Module‚ Accounts Payable Module‚ POS module‚ Bank Reconciliation Module‚
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by choose one department in an organization and carry out an investigation on the usage of information system in that department. I choose “ASIAPRIMA RESOURCES” organization for my assignment. In the organization I choose Marketing department for my research because I need to know what kind of system they use for marketing sales record and how they solve the problems face in marketing by using the particular system. CHAPTER I OVERVIEW OF THE ORGANIZATION AND DEPARTMENTS ASIAPRIMA RESOURCES
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dramatically distinguishes humans from other forms of life. It allows us to organize and work together in groups. In fact‚ without communication‚ there can be no social organization. Communication then is important to human society and to organizations in general. Its importance is even more pronounced for more pronounced for business organizations specifically. If you thing about them‚ these words of communication expert Harold Janis are certainly true: “The word of business is a world of action. Products
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Why are accounts important To begin by why accounts are important‚ a person should first know what accounts actually mean. Accounts are financial records of an organization that register all financial transactions‚ and must be kept at its principal office or place of business. The purpose of these records is to enable anyone to appraise the organization’s current financial position with reasonable accuracy. Firms present their annual accounts in two main parts: the balance sheet‚ and the income
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Defines Capital Budgeting is long term planning for making and financing proposed capital outlays. Features of Capital Budgeting:- 1. The exchange of current funds for future benefits 2. Funds are invested in long term assets 3. High Risk Importance of Capital Budgeting:- 1. Long term Effects: - Capital Budgeting decisions determine the future destiny of the firm. An appropriate decision can yield amazing returns; where as a wrong decision can endanger the survival of the firm. 2. Associated
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using one element of experience to understand another. Metaphor becomes a tool for creating an understanding about what we now recognize as organization and management. Gareth Morgan suggests a way of thinking and a way of seeing organizations as multiple of metaphors e.g. organizations as a machine (mechanistic approach)‚ organizations as organisms (organic approach)‚ and organizations as cultures etc. In this paper I will discuss an issue raised by Gareth Morgan‚ 1986 that "One of the major strengths
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statement and closing entries. At first source documents‚ are things like invoice‚ credit note‚ debit note‚ cash bill‚ payment voucher‚ official receipt‚ cheque counterfoil and memo. All this document are related to financial transaction of the organization. The source document is essential to the bookkeeping and accounting process. It is the evidence that a financial transaction occurred. If a company is audited‚ source documents back up the accounting journals and general ledger as an indisputable
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important and usefulness of accounting information in decisionmaking. 3.0 COURSE LEARNING OUTCOMES At the end of this course‚ students should be able to know and understand: 3.1 the basic concepts of accounting; 3.2 the meaning‚ role and importance of accounting information; 3.3 the process of preparing financial statements; and 3.4 how the accounting information helps the management in making business decisions. 4.0 COURSE CONTENT NO TOPIC REFERENCE HOUR 1. 1.0 ACCOUNTING
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Provide outline of the importance of care Health professionals are important people that are involved in decision-making process of service users and really have to consider the importance of the principles of care Autonomy is important because it provides clients with choice and as a health professionals it’s their role to empower the client into realising that they have choices and can make choices based on those choices (Anon‚ N.D.). Choice is important because people want to feel as they are
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