Dr Fang (to be used in the workshop in week 1) Month-end balance sheet amounts for the dental practice of Dr Fang‚ a local dentist‚ for three consecutive months are presented below. The information is complete except for the balance in the owners’ equity account. Cash Accounts receivable Prepaid insurance Surgery equipment Building Land Accounts payable Wages payable Mortgage payable Owners’ Equity 31 October $ 9 100 16 100 700 29 800 81 000 33 000 10 100 5 100 34 700
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Table of Content * INTRODUCTION...................................................................08 1.0 INFORMATION SYSTEM (IS)………………………………......08 2.0 ACCOUNTING INFORMATION SYSTEM (AIS)…..................08 3. O History OF AIS……………………………………………………‚.08 4.1 TYPES OF AIS…………………………………………………......09 4.1 MANUAL SYSTEM…………………………………………………….. 09 4.2 LEGACY SYSTEM……………………………………………………....09 4.3 REPLACEMENT OF LAGACY…………………………….……..……10 5.0 COMPONENTS OF AIS…………………………………………..10 5.1 PEOPLE………………………………………………………………
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Exercise 1 It is important that managers understand how to examine financial and accounting information. A manager does not necessarily need to be an accountant‚ but having a good understanding of financial and accounting information enables the manager to work more efficiently and effectively. (Dyson‚ 2001 p8) With a good understanding of accounts a manager can use them in decision making and planning strategy of which direction they want to take the company for a period‚ and then use the accounts
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Managing Customer Value Apple‚ L’Oreal & Ikea Case Study This assignment is about three different case studies for Apple L’Oreal and Ikea. Each member has performed research on their respective parts. It outlines how each organization improves different types of marketing strategies to satisfy their consumers. Group Members: Abdul Wasay Irfan TP021459 Arash Samimi TP020830 Reza Shalbafan TP029903 Intake Code UC2F1210E-BUS Module Code BM028-3.5-2 Module Title Managing Customer
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CHOICE A set of two or more interrelated components that interact to achieve a goal is: a) A system b) An accounting information system c) Data d) Mandatory information This results when a subsystem achieves its goals while contributing to the organization’s overall goal. e) Goal conflict f) Goal congruence g) Value of information h) Systems congruence Goal conflict may result when i) A decision or action of a subsystem is inconsistent
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negative beta implies that security A would stabilize the returns on a portfolio since the returns on A are negatively correlated to the market. The riskiness of a portfolio is determined by its beta value. Security A has a negative beta (-0.5)‚ which makes it less risky when compared with positive beta value for security B (0.5). In addition‚ if we consider a standalone risk‚ standard deviation plays an important role. It is used as an indicator of risk‚ security A has 30% standard deviation which
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Running Head: MANAGEMENT ACCOUNTING The Management Accountant in Business [Name of the Writer] [Name of the Institution] The Management Accountant in Business Introduction Tesco Public Limited Company is a merchandising retailer and a grocery retailer multinational chain which has it’s headquarter in Cheshunt in the United Kingdom. Tesco as compared to its counterparts‚ Walmart and Carrefour‚ is the world’s third largest retail store with regard to the revenues that it generates. Tesco stands
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Teaching Note for Continental Airlines Real-time BI Case “Continental Airlines Flies High with Real-time Business Intelligence” is a comprehensive example of how an organization used real-time data warehousing and business intelligence applications in its turn around from a poorly performing to an industry leading organization. The case is not heavy on technical details‚ but the essence of the technology is explained. Thus‚ the case can be used for a variety of courses and in different degree
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Report has been prepared for “Managing Communications‚ Knowledge and Information” Module. This is designed to support the Managing Communications‚ Knowledge and Information in the organization with additional background reading. According to this Report I try to give some ideas to identify personal weaknesses and improvement to rectifying that to achieve common goals. And I want to give knowledge about new system‚ innovations and new ideas to get right information to the organization. Through this
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Accounting Information System Overview a) Define Accounting Information System (AIS) (3 marks) An accounting information system is a collection of data and processing procedures that creates needed information for its users. It also can define as the information subsystem within an organization that accumulates and processes information from the entity’s various subsystems and communicates this information to the organization’s users. b) Compare and contrast between
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