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Question: 1. Printing and distribution of invoices does not constitute an increase in economic resources. On the other hand, can you give examples of what should be included in REA diagram? Remember that REA specifies the domain rules assuring soundness and consistency of business software applications from the business perspective.
2. Any information system operates with data. Moving between the system parts and processes this data creates the data flows. Complicated information systems have lots of data flows which can be presented in a form of a data flow diagram and data models. How are data models used in practice? Please provide examples.
3. Data flow diagrams represent data flows in a clear visual way as arrows between blocks which represent parts and processes of the system. They help to determine the level and effectiveness of internal controls, which is particularly useful for auditors and upper management. What other functions do system flowcharts reflect?
4. One very different aspect in not-for-profit industry, that affects the use and need for AIS specialization, is their handling of restricted funds. Non-profits receive money for specific purposes and these funds cannot be spent anywhere else. Organizations are required to keep track of how these funds are used. How, do you think, should their AIS customized to perform this function?
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.
Term Structure of Interest Rates
Write a report on Internal Controls
Prepare the bank reconciliation for company.
Create a cost-benefit analysis to evaluate the project
Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR
Distinguish between liquidity and profitability.
Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
Simple Interest, Compound interest, discount rate, force of interest, AV, PV
CAPM and Venture Capital
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