Estimate uncollectible accounts expense

Assignment Help Finance Basics
Reference no: EM13753917

Discussion 1: 75-150 words

How do the percent of revenue method and the percent of receivables method to estimate uncollectible accounts expense differ?

What are two ways in which estimating uncollectible accounts improves the accuracy of the financial statements?

Assignment: (my company sells Auto Parts)

For this assignment you will look at some of the security concerns for your proposed company and countermeasures you could use to help prevent the risks. Write up a one to two page summary of the needs.

Start by looking at what the company assets that you need to protect. Next looked at who has access to the assets, what risks make these assets vulnerable and methods to make the assets secure. Do not forget about physical security of the assets.

Some items to help you think about coverage include:

  • What could you do to protect the web server, communication channels and databases?
  • What company proprietary information needs to be protected? Does the company develop new software, patent medicine, copyrighted materials such as training, documents, etc?
  • Where do you need to use encryption?
  • What should be included in the acceptable use policy for employees, customers, and business partners?
  • What about the email system?
  • What about workstations, customer computers, etc?

Reference no: EM13753917

Questions Cloud

Keys to successful investing : Prepare a two- to three-page paper addressing the keys to successful investing as you would apply them to a product or service that you would launch. Using Appendix A, address the following points:
Discuss which period is called a period of ascendancy : In what way(s) could the period between the thirteenth and the seventeenth centuries in the history of the Muslim world be considered a period of ascendancy? Discuss which period is called a period of ascendancy.
Products by using a predetermined application rate : Huxtable charges manufacturing overhead to products by using a predetermined application rate, computed on the basis of machine hours. The following data pertain to the current year: Simone uses a predetermined overhead application rate of $8 per dir..
Drawbacks of top down budgeting and participatory budgeting : What behavioral problems are associated with setting a budget too loosely? What behavioral problems are associated with establishing conflicting goals within the budget? Give an example of conflicting goals in a budgeting process. Outline the benefit..
Estimate uncollectible accounts expense : How do the percent of revenue method and the percent of receivables method to estimate uncollectible accounts expense differ?
Explain the spartan system of government : With reference to your Source and other evidence explain the Spartan system of Government.
Create a program in java that displays hello world : Create a program in Java that displays "Hello world!", No Design Section is required for this assignment, Copy and Paste your code into the Source Programs section and a screen shot of the results in the Output section.
Using variable costing and absorption costing : The chief executive officer of Richards Corp. attended a conference in which one of the sessions was devoted to variable costing. The CEO was impressed by the presentation and has asked that the following data of Richards Corp. be used to prepare com..
Record for the above transactions : The following transactions took place for Parker’s Grocery and Prepare the journal entries that Parker's Grocery would record for the above transactions.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd