Give two examples each of the organisations where ready-to-use, customised, and tailored accounting packages respectively suitable to
Question:
Give two examples each of the organisations where ‘ready-to-use’, ‘customised’, and ‘tailored’ accounting packages respectively suitable to perform the accounting activity.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (2 reviews)
here are examples of organizations where readytouse customized and tailored accounting packages would be suitable ReadytoUse Accounting Package a Small Retail Store A small retail store with straightf...View the full answer
Answered By
Madhur Jain
I have 6 years of rich teaching experience in subjects like Mathematics, Accounting, and Entrance Exams preparation. With my experience, I am able to quickly adapt to the student's level of understanding and make the best use of his time.
I focus on teaching concepts along with the applications and what separates me is the connection I create with my students. I am well qualified for working on complex problems and reaching out to the solutions in minimal time. I was also awarded 'The Best Tutor Award' for 2 consecutive years in my previous job.
Hoping to get to work on some really interesting problems here.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Your local accounting firm is a service entity. Give two examples each of the accounting firm's direct and indirect costs, specifying the cost object. How might the accounting firm's management use...
-
Let A, B be sets. Define: (a) the Cartesian product (A B) (b) the set of relations R between A and B (c) the identity relation A on the set A [3 marks] Suppose S, T are relations between A and B, and...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
I am learning intermediate accounting and how to account for leases. I have a question about the calculation of present value for the right to use of the lease. my example specifically has a...
-
Why is training necessary for the operators?
-
"Activity Based Costing (ABC) System is Superior than Volume Based Costing." Comment.
-
2. Some companies carry essentially no long-term debt and only a minimal amount of short-term debt in their capital structure. Often these firms are in the technology and biotechnology sectors....
-
The following amounts were obtained from the accounting records of Newton Company, Washington Inc., and Adams Company: Required: Compute the missing amounts. Newton Washington Adams $67,200 $102,000...
-
E7-5 (Algo) Calculating Ending Inventory and Cost of Goods Sold Under FIFO, LIFO, and Average Cost _07-2 Hittany Company uses a periodic inventory system. At the end of the annual accounting period,...
-
Distinguish between a ready-to-use and tailored accounting software.
-
List the various advantages of computerised accounting systems.
-
Communication Manufacturing (CM) is a division of Universal Communications, Inc. CM produces pagers and other personal communication devices. These de- vices are sold to other Universal divisions, as...
-
How do you assess the managerial challenge posing the decision of having an organization-wide uniform package of compensation and benefits in the present context of organizations having diversity of...
-
what you have to do is make order decisions based on the sales, stock, and delivery cycle of each item. You are making decisions of marking orders from suppliers, and they will deliver the item next...
-
How do advanced relaxation techniques, such as progressive muscle relaxation or guided imagery, contribute to a comprehensive stress management plan ?
-
What role do intermediaries play in intermediation in the market? Do middlemen exist in the online market? How? Talk about the following ideas with examples from real life: (1) the issues with direct...
-
Identify and conduct a 5S project that you could do at home, school, or your place of employment. For each of the 5 steps, define what you would do to address the situation. Describe the outcome. .
-
Select three table values from Table 14 - 1 and verify them using the formula FV = (1+ R}N 1 R
-
Software Solution is family-owned business that has been in operation for more than 15 year. The board of directors is comprised of mainly family members, plus a few professionals such as an...
-
Read again the Real World Case at the start of the chapter. In the extract on How do we judge the impact of our work, the report sets out the tools used to monitor, evaluate, assess and learn from...
-
Two brothers are planning to set up a computer repair business together. They need to decide whether to work in partnership or whether to form a limited liability company. From an accounting and...
-
Accounting standards aim to portray economic reality, rather than shape it. This statement appears in a document entitled Working in the public interest. The definition of accounting refers to...
-
Dr. Claudia Gomez, a plastic surgeon, had just returned from a conference in which she learned of a new surgical procedure for removing wrinkles around eyes, reducing the time to perform the normal...
-
QUESTION 2 ( 2 0 Marks ) 2 . 1 REQUIRED Study the information provided below and prepare the Income Statement for the year ended 3 1 December 2 0 2 3 using the marginal costing method. INFORMATION...
-
DROP DOWN OPTIONS: FIRST SECOND THIRD FOURTH 5. Cost of new common stock A firm needs to take flotation costs into account when it is raising capital fromY True or False: The following statement...
Study smarter with the SolutionInn App