Why are classifications necessary?
Question:
Why are classifications necessary?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Classifications are necessary when distingu...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Systems Analysis And Design
ISBN: 9781292281452
10th Global Edition
Authors: Kenneth Kendall, Jullie E. Kendall
Question Posted:
Students also viewed these Computer science questions
-
(a) Why is the MD&A section of the annual report useful to the financial analyst? What types of information can be found in this section? (b) Using the excerpts from the MD&A of the Biolase,...
-
Required a. Use professional judgment in deciding on the preliminary judgment about materiality for earnings, current assets, current liabilities, and total assets. Your conclusions should be stated...
-
The workplace in this situation is a casino. The casino employees have been unionized for the past decade. Initially they were represented by a small independent union, but three years ago that union...
-
In May 2020 Bernard, a self-employed plumber, and his son Gerald, a self-employed electrician, purchased 1,000 empty barrels from a Scottish whisky distillery. The barrels were over 100 years old and...
-
On January 28, 2008, American LaFrance, an American emergency and vocational vehicle manufacturer, filed for Chapter 11 bankruptcy, blaming an ERP implementation project failure as a main factor...
-
Determine the APR if the nominal rate is 7% compounded continuously.
-
Probability affects decisions when the weather is forecast, when medications are selected, and even when players are selected for professional sports teams. Although intuition is often used for...
-
The accounts in the ledger of Tempus Fugit Delivery Service contain the following balances on July 31, 2014. Instructions Prepare a trial balance with the accounts arranged as illustrated in the...
-
Alpine Township contracts with Dragoon Environmental Services (DES) to provide solid waste collection to households and businesses. Until recently, DES had an exclusive franchise to provide this...
-
Define block sequence code.
-
When is it undesirable to use sequence codes?
-
(a) Three dates are important in connection with cash dividends. Identify these dates, and explain their significance to the corporation and its stockholders. (b) Identify the accounting entries that...
-
Discuss approaches a local district and the state are using for risk management procedures. Is there evidence that employing a risk manager is a fiscally sound move?
-
You are a portfolio manager working for APG Asset Management in Amsterdam. The main function of your team is to work closely with the front office and sales team of APG, to provide relevant...
-
All employees of Basic Company are covered by a group hospitalization insurance plan, but the employees must pay the premiums ($8,000 for each employee). None of the employees has sufficient medical...
-
1) Differentiate between options, forwards, swaps, and futures. Provide relevant examples of each. 2) Describe some of the risks that can arise from the use of derivatives.
-
budget forecast budget using an approved accounting software package for the business (The Righteous BBQ) based on the following projections: Sales to increase by 12%. Cost of Sales to decrease by 3...
-
Does this ruling mean that all sting operations are illegal?
-
In order to get an idea on current buying trends, a real estate agent collects data on 10 recent house sales in the area. Specifically, she notes the number of bedrooms in each house as follows: a....
-
What is the purpose of using a mnemonic code for data?
-
List the eight general guidelines for proper coding.
-
Define the term bottleneck as it applies to data entry.
-
This advertisement by "Reporters without Borders" (a non-profit group that supports free media globally) refers to the manipulation of media by Vladimir Putin's government. The message says,...
-
Complete the function definition to output the hours given minutes. Sample output with input: 210.0 3.5 Code writing challenge activity demo 461560.1169008.qx3zqy7 1 def output_minutes_as_hours...
-
Do social networks help spread misinformation (e.g., fake news)?
Study smarter with the SolutionInn App