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Accounting Information System

Introduction An accounting information system is designed to record all business transactions. In our scenario, the accounting employees will be trained how to enter business transactions into the computer system. This will allow for immediate posting of billing & collection information in to corresponding accounts hence retrieving of such information made easy (Bowen 85). Discussion […]

Key Concept in Accounting

This essay discusses the key concept in accounting — the accounting equation. In order to understand the meaning of this conception and show how it works in real life we will explain the relation among the components of the balance sheet and the accounting equation, and also discuss the transformations of accounting equation due to […]

Outside Speaker Evaluation

In order to create new markets for their policies, Red shield insurance company organizes a workshop for final year university students. The company hopes these students will buy policies with the company either through the companies they will be employed in or buy personal policies when they start earning an income. On Wednesday 29th November, […]

Oasis Water Company

Oasis Water Company is one of the most renowned and respected companies in the heart of Dubai engaged in production and distribution of clear water and coolers. It has been acknowledged for being the best of its kind in the market due to the lasting quality it has provided to its customers for over two […]

Accounting

Budgeting Process. Budgeting process can be described as when an organisation plans all its expendituresfor proper capital utilisation (Pride, Hughes & Kapoor 2011). When a company is preparing a budget, they ensure that all the financial constrains are met in future operation of business. In this case, the organisations creating a budget should ensure that […]

Investments

Currently, the economy is experiencing financial crisis resulting in low level of interest rates for the different investments. In addition, it is becoming risky for investors to venture on investments, because they are not sure of the future. However, it is worth noting that the higher the risk, the higher the rate of returns and […]

The Wal-Mart Store

A Wal-Mart store, Inc. is an internationally known corporation. It is recognized worldwide for its pursuit of low prices on retailers. Wal-Mart’s continuing growth is directly attributed to its innovative business model. These models feature sophisticated aggressive cost cutting and sophisticated supply chain management. Wal-Marts sell a large variety of products at significantly lower prices […]

Budget Deficit in Public Budgeting

In the recent past, economists and public administrators have greatly emphasized the importance of government in the growth and development of the economy. The government carries out various important functions that have both direct and indirect impacts on the economy of the country. The government also carries out its operation through public administration. Public administration […]

Economy Topics

Question 1: “The firm’s entire marginal cost curve is its short-run supply curve.” True or False? Why? In my opinion, the above statement is partially true. A firm’s entire marginal cost curve is not equal to its short-run cost curve. I would argue that only a portion of the marginal cost curve equals the short-run […]

Community Economic Development

Effects of economic growth on income convergence and income divergence. In my opinion, incomes tend to converge at the initial level of low economic growth. As the economy continues to growth, the incomes diverge, thereby increasing income inequality between the rich and the poor up to a certain threshold. Any further growth in the economy […]

General Motors IPO

Initial Public Offering is refers to a situation where a small privately-owned company decides to raise capital by selling its stock to the public (Espinasse, 2011). When a private company engages in an IPO process, it transforms into a public company. An IPO process can also be performed by big private companies which have an […]

International Financial Crisis and Solutions

The present financial crisis is a phenomenon that has hit U.S and the global economy. The global financial crisis has its origins in U.S home mortgage market. The crisis spreads like plague across the globe. Many economies are already at stake and in need of bailouts. This paper will discuss the causes of the international […]

Karl Marx Conflict Theory

Karl Marx is one of the most reputed philosophers of the 19th Century. Born in 1818 in a middle-class family, Marx studied law in Bonn and Berlin and later plunged deeper into the ideas of Hegel and Feuerbach (Wheen, 2007). It is after receiving his doctorate in philosophy in 1841 from the University of Jena […]

Evidence-Based Community Interventions

The state of Florida is located in the southern region of the United States. This paper is a research-based in Hillsborough County, which is a Florida Metropolitan. In 2010, the County had a population of 1,231,553. Indeed, there has been an annual population increase of approximately 20,000 in the County (Florida, 2004). This posed a […]

Risks in the Insurance Sector

Risks in the insurance industry keep changing, and it is hence extremely critical if insurance companies are to find ways of addressing these risks. It is noteworthy that insurance companies need to fast in addressing issues in order to be able to cope with the increased competition globally. Among the main objectives of any insurance […]

Contemporary Management

Security is an important tool of attainment of goals in everyday life. It plays a major role especially in the field of e-commerce. This applies in such areas such as management, technology, and organizational aspects. The most important factors in commercial activities are establishment of an effective environment that will ensure that the security of […]

Economics essays