Find in a client organization structure

Assignment Help Accounting Basics

Reference no: EM132836313

Question -

A. This year you obtain a new client, Lee Corporation, a regional distributor of appliances. Before becoming your client, Lee had installed a microcomputer-based accounting system to handle its receivable, payables general ledger and payroll. Lee purchases its microcomputer with off-the-shelf software and appears very pleased with it. You notice that the computer sits on the bookkeeper's desk. You ask Christian Lee, the president, about his feelings about the computer system, and he states:

"The system is absolutely great. It has already saved us a lot of time and money. I get reports when I want them, not days later. In fact, it is so good, why don't you try it? The password is LEE. You can go ahead and use it. If you want any backup files, they are stored in the supply room. We sure saved a lot of money by purchasing the system from a mail-order operation. A system analyst wanted P15,000 to help pick the best system for us, and a local dealer wanted P11,000 more for comparable hardware and software."

Required - What are your concerns about the system that Lee uses?

B. Mr. Pedro, owner of department store, wants to convert from manual to computerized system since his store is getting bigger due to the increase of demand as well as his potential customers. He thinks by the use of computerized system.it is way better than before where he only used the manual system.

Required - What major differences would you expect to find in a client's organization structure and transaction processing when the client converts from a manual to a computerized system? What would be the possible result or outcome of it?

Reference no: EM132836313

Questions Cloud

Should businesses focus more on product development : Should businesses focus more on product development (which satisfies customer's needs) or should they focus more on employee development

How will cultivating the specific action help you : Pick one of the five actions and describe how you will work to build your capacity to do this. How will cultivating this specific action help you?

Knowledge and knowledge sharing within organization : This journal articles focus on transformational leadership and knowledge and knowledge sharing within an organization,

How would address a breach of confidentiality in the group : How informed consent addresses confidentiality in a group setting. How does confidentiality in a group differ from confidentiality in individual counseling?

Find in a client organization structure : Find in a client's organization structure and transaction processing when the client converts from a manual to a computerized system

Patient noncompliance mining of patient-reported text : What do you think are the main challenges associated with annotating/labeling human text used to train text mining models?

What is your position on the theory : David Kolb's theory of Experiential Learning is one of the most used learning models in education, but many theorists criticize its validity.

Devil canyon simulation and policies-plans and risks : You will evaluate how to design an enterprise architecture for a mountain resort. Analyze at least 5 security-related risks/threats that Devil's Canyon may face

Describe express and implied agreements : Who are those people and/or groups to which we owe a duty? What are the express and implied agreements that you have with each of the constituents?

User Account

All Pages