Financing SMEs –Key Challenges and issues for Bankers Wickrama Narayana Chief Manager-SME Development People’s Bank The definition of Small & Medium scale Enterprises (SMEs) varies from country to country. The classification can be based on the firm’s assets‚ number of employees‚ or annual turnover along with the loan amount. Central Bank of Sri Lanka defines SMEs as enterprises with less than Rs. 600 million turnover per annum and with a maximum exposure of Rs. 200 million mainly to be classified
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Glossary Chapter 1 accounting information system (AIS) A specialized subsystem of the IS that collects‚ processes‚ and reports information related to the financial aspects of business events. accuracy The correspondence or agreement between the information and the actual events or objects that the information represents. availability Relates to information being available when required by the business process now and in the future. It also concerns the safeguarding of necessary resources
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Ronald Romero American Government Elizabeth McNamara 11/15/12 Campaign Financing: 2008 Election; Barack Obama vs. John McCain Campaign finance refers to all of the money raised and spent to promote a candidate or party for an upcoming political election. This money is a necessity for a candidate to have en edge in any election because the more funds they have the more they can do with it. What they can do with the money raised is another question. There are rules and regulations the candidates
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Debt and equity are essentially the ways in which companies can raise capital. Debt financing is when a company takes out a loan that generally has a defined time period and interest rate attached to the transaction. Debt financing include loans‚ leases‚ bank overdrafts and terms of trade. Next‚ equity financing is when a company issues shares to the other investors which can be the general public or investment companies. These shares represent ownership of the company to the extent of the shares
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Question 1 An entity-relationship diagram (E-R) is useful because it shows the various entities being modeled and the important relationships among them. Anything about which the organization wants to collect and store information is called a. a data model. b. an entity. c. a schema. d. a tuple. e. none of above 1 points Question 2 The __________ in the REA model include all of the organization’s business activities. a. resources b. events c. agents d. entities e. evolution
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Replacing a Legacy AIS Application Jamaine Williams Professor Elias Konwufine Assignment 4: ACCT 564 Abstract As long as this world have businesses and buying and selling within company to company accounting and Accounting Information Systems (AIS) will play a big role in financial management and decision making. The degree of value and how usable an AIS is depending on if the system is custom‚ outsourced or boxed. In this paper I will talk about just that. You will find out if the
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The Business Environment and the AIS An AIS does not exist in a vacuum; rather it is an integral part of the firm it serves. The AIS has close relationship with the organization of the firm and its physical operations or process. The firm itself is a system with its own environment. Many of the business and accounting events that are captured and processed by the AIS arise within the environment of the business firm. There are three subsystem of the firm: organizational‚ operational and information
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Financing Strategy Problem and Virtual Organization Strategy Paper There are many options for expansion for a privately held company. The Huffman Trucking Company has options to expand the operations of the business. The three best options that the firm faces are; going public through an IPO‚ acquiring another organization in the same industry‚ or merging with another organization. With each of these being a possibility‚ there are some aspects that must be taken into consideration. First there
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TO: FILES FROM: SUBJECT: FOUR STEPS TO MITIGATE POTENTIAL BUSINESS DISRUPTION FROM NATURAL AND UNNATURAL DISRUPTIONS DATE: These steps prescribe benefit to the organization during major natural or unnatural disruptions. If complete functionality of the organization is not possible‚ the organization can mitigate potential disruptions by working towards making essential functions of the organization available. Top 4 steps the organization should take now to mitigate the potential
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Qno1 POS= Point of Sale It take place where the transaction occurs. We can also say that it takes place at the check out point.POS system generally includes the hardware and software devices or components ‚such as computer ‚monitor ‚cash drawer ‚receipt printer‚ customer display‚ barcode scanner and other suitable software.Pos system are generally use for the reporting purposes‚ sales cost volume profit analysis ‚it also give the information regarding the cost of goods purposes and we can use
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