ER Assinment 1 (BCO6603) ERP cost Factors on 5 modules Presented by: Shivpaul Singh Jamwal StudentID: 4502972 (Victoria University) Introduction Currently various organisations implemented different systems to improve their productivity for instance ERP‚ MRP‚ CRM etc. Nonetheless ERP received much attention in contrast to other systems all because of more efficient‚ reliable and support in decision making with the organisation modules. ERP is certain
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Dinesh Singh English 11 Article Title: ...But Not at This Cost Author: Armstrong Williams 1. Speaker: The producer of this piece is Armstrong Williams‚ an African American male who is trying to prove with his points that African Americans are labeling themselves as victims to give themselves easier pathways. The bias is that Williams’s feels that African Americans are letting themselves be specially treated and given certain advantages because of their pasts. In the text Williams states‚
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College has helped many people make money and be successful‚ but is it really worth the cost? Post secondary school is a great way to excel in life and in the workplace‚ but not all people want or need to go to college. Accordingly‚ college is not worth the money because it can stress out post high school graduates‚ it can cause the students’ family to go into debt and it doesn’t help those who are undecided about a career. These reasons may cause people doubt on whether college is worth the money
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Practice Task: BORROWING COST OF ISSUING BANK BILLS In order to fund its short-term operations‚ the Chief Financial Officer (CFO) of Best Company has decided use short-term money market instruments. The CFO has asked you and your team to advise the company of the best course of action. After a lengthy discussion with the CFO‚ it was decided to issue bank-accepted bills of exchange (bank bills). In order to obtain board approval‚ the CFO has asked you and your team to create a simple spreadsheet
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Cost of equity refers to a shareholder’s required rate of return on an equity investment. It is the rate of return that could have been earned by putting the same money into a different investment with equal risk. How It Works/Example: The cost of equity is the rate of return required to persuade an investor to make a given equity investment. In general‚ there are two ways to determine cost of equity. First is the dividend growth model: Cost of Equity = (Next Year’s Annual Dividend /
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change of RELEVANT items ONLY. The company’s calculation is WRONG‚ as it takes into concern of irrelevant fixed cost. By double-counting depreciation‚ other Mfg. overheads‚ SG&A in Sunday’s cost; it distorts the P&L sheet. To correctly show cost structure for decision making‚ there are two different approaches‚ yet each should reach same conclusion. Approach 1: Differential Cost Approach As suggested in case‚ by producing 4 unites on Sunday‚ total depreciation‚ total Mfg. overhead and SG&A
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charge of some of the financial transactions within the company such as: (1) Payroll – they are in charge of the sum of all financial records of salaries for an employee‚ wages‚ bonuses and deductions. (2) Cash collections - All cash received from sales and from other resources are carefully identified and recorded. The accounting department makes sure that the cash is deposited in the appropriate checking accounts of the business and that an adequate amount of coin and currency is kept on hand for
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consult the stone production line in the past. Layout Mineral Processing PlantBut nowadays more and more people come to know sand making line. We cannot deny that this condition is the success of the sand making machine. Machine-made sand also called artificial sand‚ which is made by crusher machines. Rocks‚ Artificial Sand Making Machinepebbles‚ tailings and building rubbish can be used to make sand. So the material of artificial sand exists everywhere‚ and it is more extensive than river sand. Artificial
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Conceptual Framework Cost Accounting Cost accounting‚ as a tool of management‚ provides management with detailed records of the costs relating to products‚ operations or functions. Cost accounting refers to the process of determining and accumulating the cost of some particular product or activity. It also covers classification‚ analysis and interpretation of costs. The cost so determined and accumulated may be the estimated future costs for planning purposes‚ or actual (historical) costs for evaluating
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Sec 1.1 Cases For each of the following cases‚ indicate your decision and explain WHY you answered that way. 1. Bill is very upset that his basketball team is losing the championship game to the Stallions of Shelby High. He considers deliberately injuring the Stallions’ top center‚ but decides not to because he would not like the same thing to happen to him. Did Bill make an ethical decision? Why or why not? yes he did because injuring another player would go aginst your morales. 2. Danny
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