Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Equity Company is a partnership that borrows money from lending institution or sell short-term investments as necessary to meet all its short - and long
Equity Company is a partnership that borrows money from lending institution or sell short-term investments as necessary to meet all its short - and long terms cash needs. Equity Company's Accounting department is responsible for maintaining the cash balance and projecting cash receipts and disbursements for the next quarter. Accounting department sends a monthly report to the Finance department summarizing expected cash flows. The bottom line of the report is the amount of additional cash needed to meet normal operations, or the amount of cash available to pay existing notes or invest in short term securities. Equity Company's executive committee must approve new laans. The Finance department negotiate the loan with the financing institution and secure the necessary approvals from the executives committee. The Finance department is also responsible for making short term investments and paying both principal and interest on borrowed funds. Accounting department makes the actual payment, but Finance department tracks the notes, including the required interest payments and maturity dates and sends a request for payment to Accounting department. a) Bina model "Resource Event Agent (REA)" bagi setiap peristiva/aktiviti. Create a Resource Event Agent (REA) model for each events/activities. (15 markah/marks) b) Senaraikan empat (4) rakaman dan penyelenggaraan proses maklumat yang diperlukan untuk semua peristiwa/aktiviti. List four (4) recording and maintaining information processes needed for these events/activities. (10 markah/marks)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started