Organisations need accurate and timely financial information as this information is analysed to produce information that can be used by management and employees in the organisation. The financial data is then used to inform organisational, strategic and operational plans. Information relating to costs, operations, assets, credit analysis, GST transactions, inventory management, invoices and accounts is required to manage the organisation’s finances. All employees and departments of an organisation are responsible for the financial
There are more books recommended on the DLC Library books & buy section. 13. How should your Assessment work be presented and what documentation do you need to send to your tutor? Assessments should be presented in a plastic folder (clear front and coloured back with two prongs in) the tutor also requires the signed learner agreement and the required ID 14. Which level of the diploma is graded?
In order to determine the best strategy for negotiations, the costs of and revenue gained from the different styles of concerts had to be determined. To begin, ALLTEL’s breakeven point was calculated using the given flasher report. The revenue from each customer comes from more than just the ticket price; ancillary revenue comes from parking, food concessions, and merchandise, and the total revenue for paying customers is $40.08 [1.1]. The variable cost of each customer is made up of 10% of parking, merchandise, and concession costs and other variable expenses. The total was then divided by the total expected attendance to get a variable cost per capita of $3.05 [1.2].
b. After Al went back to school •Result Controls: ① Al monitored AHL operations from afar. ② Al tracked the employee head count, the number of leads produced, credit inquiries requested, loan applications funded, office expenses and bank activity. ③ Al had the authority to sign checks written against AHL’s main bank account. ④ Al had all of AHL’s corporate mail forwarded to his California address.
6. Payroll Release. Print paychecks. Produce the direct deposit file and forward to the bank. Contact the bank to make sure that they received it.
----------------------- Name: UNIT TEST 1 A Class: Date: 4 Read this information and write sentences about the kids. 1 MATHS TIME. Write the answers. 1 TEN + FIVE = 2 NINETEEN – THREE = 3 ELEVEN + SEVEN = 4 TWENTY – NINE = 5 EIGHT + FOUR = 1 Ángeles . 2 Circle the correct words.
SAMPLE ACCOUNTING ISSUES MEMO The following accounting issues memo illustrates the determination of whether Flyaway.com, introduced in the opening scenario of Chapter 3, should report its revenue on a gross or net basis. Memorandum To: Flyaway.com accounting files From: Student Name Date: X/X/XXXX Re: Gross or Net Reporting of Online Ticket Sales Revenues Background Flyaway.com (“Flyaway” or the “Company”) sells airline tickets to customers through an online platform, where customers can choose the airline of their choice. Once a customer purchases a ticket, Flyaway remits payment for the travel to the airline and retains a commission (roughly 10% of the ticket’s value). The airlines set all ticket prices. If a flight is canceled, the airline must refund the customer.
As a result, management took into account that changing both supply and demand according to market activity could improve its business performance. In attempt to capture the above factors, American Airlines management developed a yield management system which considered capacity, historical bookings, pricing, cancellations and no-show rates, and costs of oversales and spoilage. If passenger-requested booking price was equal to or greater than the bid price, management must accept all passengers requested at that price. In terms of the-no-show rate, for local passengers had been 15 per cent whereas for flow passengers had been 20 per cent. Two additional costs include spoilage and oversale.
Basically, it is used to anaylse the business as a whole and per section and to determine performance. It is also a requirement of the ATO. What are the expectations of managers and supervisors in relation to budget or financial plans? To maintain the budget and implement the financial plans into the business. This also includes educating staff about the responsibilities of maintaining costs.
You would need to include all employees who handle cash on the application. They would go through screening by the insurance company and be held legally responsible for any misuse of funds found. You should establish vacation requirements and rotation of duties. You could have a part-time accountant be required to fill for both the accountant and the treasurer whenever they are out on some required vacation. LBJ Company is handling the physical control of payroll checks accurately as all checks are being safely secured in