Explain two advantages of using a computerised system of record keeping.

Question:

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Cambridge International As And A Level Accounting Revision Guide

ISBN: 9781444192001

1st Edition

Authors: Ian Harrison, Michael Hillman

See More Books

Question Posted: Aug 29, 2023 10:29 AM

See More Questions

Explain two advantages of using a computerised accounting package to prepare a production budget.
Case Study: ‘Sydney Gifts’ ‘Sydney Gifts’ run a store selling good quality antiques and have been in operation for twenty years. They currently maintain details of every piece...
ACE Distribution Pty Ltd is an Australian company engaged in the distribution of glassware products to the Australian market. The company normally carries some 500 different products, acquired both...
Clark had brain surgery. Insurance will not pay for the surgery until the deductible of $1,000 is hit. Then Clark's coinsurance of 80% / 20% kicks in. Clark has an out-of-pocket maximum of $7,500....
Duramold specializes in manufacturing molded plastic panels to be fitted on car doors. The blueprint specification for the thickness of a high-demand model calls for 0.1875 0.0025 inch. It costs...
Thompson Limited (a private company with no published credit rating) completed several transactions during 2011. In January, the company purchased under contract a machine at a total price of $1.2...
Selling at below-market prices is not the only means of putting a competitor out of business. A firm might also seek to hire individuals that have rare talents or skills, not for that firms own...
During initial pricing activities, one of the functional managers discovers that the work breakdown structure requires costing data at a level that is not normally made, and will undoubtedly incur...
Mr. Mutwiri opened a business in Meru town at the beginning of the year. During the first month of operation the following transactions were completed. 2014. January 1 Deposited sh 20,000 in the bank...
Explain two disadvantages of computerising financial record keeping.
Give the formulae for each of the following ratios: (a). Earnings per share (b). Price/earnings ratio (c). Dividend yield (d). Dividend cover
What is the future value of $125 after 8 years at 8.5% compound interest?
Why are the prices of put options with strike prices between $19 and $20.50 more expensive than the other put options on the list? If the investor sells 10 contracts of $18.50 call options, how much...
How do anthropologist understand the difference between culture performance and performing culture? What is social cultural anthropology's primary approach to data collection used by anthropologist...
3. The target capital structure for QM Industry is 40% common stock, 10% preferred stock and 50% debt. If the cost of equity is 18%, the cost of preferred stock is 10% and the before cost of debt is...
City Developments Limited (CDL) is a leading global real estate company. Listed on the Singapore Exchange, its income-stable and geographically-diverse portfolio comprises residences, offices,...
. What are the hole and the electron concentrations in Si sample with Np = 6 x 106 cm and N = 2 x 1016 cm-3? After that find the hole and electron density concentrations with additional 6 x 106 cm7...
Frey Company issued $300,000 face value of bonds on January 1, 2016. The bonds had a 6 percent stated rate of interest and a 10-year term. Interest is paid in cash annually, beginning December 31,...
The baseball player A hits the ball from a height of 3.36 ft with an initial velocity of 34.8 ft/s. 0.14 seconds after the ball is hit, player B who is standing 15 ft away from home plate begins to...
Identify the difference between a private limited company and a public limited company.
What is the difference between a marginal cost statement and an income statement?
How would total contribution be calculated?
At the beginning of the year, Illini Corporation has E&P of $30,000 and generates no current E&P during the year. On December 31, the corporation distributes $40,000 to its sole shareholder, Erik,...
Sprout Inc.'s direct materials cost is $506,400, direct labor cost is $405,400, indirect materials cost is $2,250, indirect labor cost is $5,200, and other factory overhead costs are $80,700. What is...
What this does this statement mean and how to disagree? Give proper reason. connection is largely contingent: it just so happens, given the particular distributions created by this era of global...

Explain two advantages of using a computerised system of record keeping.

Question:

Step by Step Answer:

Answers could inc...View the full answer

Cambridge International As And A Level Accounting Revision Guide

Students also viewed these Business questions