Your business: reflecting on your approach

a)Which accounting policies and procedures must be taken into consideration when setting up a new Xero / MYOB file. For e.g., Chart of Accounts. (detailed in your Xero / MYOB assignment)

Minimum 5 responses.

b)Which accounting policies and procedures would be referred to in the day-to-day use of Xero / MYOB. For e.g., Purchases (detailed in your Xero / MYOB assignment). Minimum 5 responses.

c) When entering the purchase invoices into Xero / MYOB, what were the main pieces of information on those invoices that you entered? Minimum 5 responses.

d)When entering the purchase invoices into Xero / MYOB, was there any information on those invoices that you did not need to enter? Please state below:

e)While working on your Xero / MYOB assignment, describe the steps that you took to keep your information secure, for e.g. passwords, anti-virus software, storage.

f)Which Australian Privacy Principle does this refer to?