UNDERSTANDING OF THE SITUATION ADP INDUSTRIES CORPORATION Today is an era of conspicuous consumption. It is not just individuals from the elite society who are splurging but even the Filipino middle classes are shelling out cash for premium quality products and services. This evolution in the Philippine marketplace is one of the major reasons why ADP Industries Corporation entered into the picture. ADP Industries Corporation is a 28 years old distribution‚ trading and marketing company in
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Internal cash control is very important to any business. Without effective methods in place to ensure that funds and resources are being used in an ethical and efficient way‚ a company may lose money or run into many other problems. Through proper establishment of responsibly‚ segregation of duties‚ document procedures‚ and security measures‚ any company should be able to maintain their funds and feel confident that their employees are producing accurate and ethical results. In the exercise detailing
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location of the computer shops and classroom performance of the students. Statement of the Problem This research study aims to identify the effect of the location of the computer shops to the... Methodology is the systematic‚ theoretical analysis of the methods applied to a field of study. It comprises the theoretical analysis of the body of methods
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Case Chapter 7 Cash and Receivables 1. Petty Cash (10 min.) The petty cash fund of $200 for Walsh Company appeared as follows on December 31‚ 2008: Cash $93.60 Petty cash vouchers Freight in $21.40 Postage 40.00 Balloons for a special occasion 18.00 Meals 25.00 Instructions 1. Prepare the journal entries required to establish the petty cash fund. 2. Prepare in general journal form the entry to replenish the fund. 3. On December 31‚ the office manager gives instructions
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Current status of public sector accounting in Malaysia- Cash Basis Accounting Revenue is only recorded when the cash is actually exchanged for example‚ when revenue is received as cash and when expenses are actually paid. http://www.quora.com/What-are-the-differences-between-cash-basis-and-accrual-basis-accounting Why government used the cash basis of accounting? Easy to learn and carry out and requires care but no special accounting skills. Well-adapted to needs of budgetary control and payment
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Cash? Or Everything That’s Not Cash? In the 1960’s‚ Frederick Herzberg told us that money is a lousy motivator. I have to disagree with this theory‚ based on the reasons people get jobs and my own personal working experience. There are many reasons people do get jobs‚ but most of the main reasons still stem back to money‚ whether is health insurance‚ free services through the employer‚ or the actual pay itself. There may be other types of motivators as well‚ but the main reason that person
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‘Macro-Economic Analysis for Rural Society’ Assignment on: PROBLEMS AND PROSPECTS OF DIRECT TAXATION IN INDIA By Manu Bansal (U311024) PGDM-RM-I-2011 Submitted to Prof.Sureswari Prasad Das Xavier Institute of Management‚ Bhubaneswar INRODUCTION TO DIRECT TAXATION:- ------------------------------------------------- General meaning In the general sense‚ a direct tax is one paid directly to the government by the persons (juristic or natural) on whom it is imposed (often accompanied
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Nigeria Introduction Value Added Tax (VAT) was introduced in Nigeria in 1993 but became effective on 1 January 1994. VAT replaced the Sales Tax. VAT is governed by the Value Added Tax Act‚ Chapter V1‚ Laws of the Federation of Nigeria (LFN) 2004. The tax is administered by the Federal Inland Revenue Service (FIRS). Rates and scope Rates The standard VAT rate on goods and services is 5%. Value for VAT purposes includes customs duties‚ taxes‚ commission‚ transport‚ insurance and other charges
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Circular Flow Diagrams Introduction Money flows into and out of the economy. The circular flow diagram explains how money moves through the economic system involving households‚ businesses‚ the government‚ and foreign agents (Editorial Board‚ 2011). Circular flow diagrams are visual models that show firms who employ workers‚ the workers then spend on goods produced by firms‚ and the money is then used to compensate the worker and buy raw materials to make the goods and the circle continues.
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appearance inspection Inspector Nanox Philippines Inc‚ IE-5 Clark Premiere Industrial Park M.A. Roxas Highway CFZ‚ Clarkfield‚ Pampanga March 7‚ 2008 – February 9‚ 2009 Responsibilities Included: * Inspecting fresh lot panels by doing proper method of inspection to avoid leakages; * Re-inspecting lot-out panels to minimize lot-out stocks; * Doing inventory every end of the month; * Reaching the required quota. Waitress Las Vegas Bar Fields Avenue Balibago Angeles City September
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