Identify the legislation and industry codes of practice

Assignment Help Accounting Basics
Reference no: EM133189422

Question - Your task is to choose an organisation (For a Coffee Shop or a restaurants). Based on this organisation, answer the following questions:

1. Identify the legislation and industry codes of practice relevant to the payment systems in the organisation.

2. List and describe the organisational procedures for evaluating and authorising payment requests.

3. Describe the types of payment requests and associated documentation handled by the organisation.

4. Describe how payments are coded and allocated in the organisational system.

Reference no: EM133189422

Questions Cloud

Identify and use appropriate communication strategies : Identify and use appropriate communication strategies - Analysing the re-occurring issues what could be some guidance that Andrew could offer in his role
What are the limitations of internal control : Why should the person who keeps the records of an asset not be the person responsible for its custody? What are the limitations of internal control
What is operating income if sold at splitoff : The small apples currently sell to the deep discounters and local manufacturers for $5 per dozen. What is operating income if sold at splitoff
What is the minimum full time hourly wage : What rights does an employer have regarding requiring employees to work onpublic holidays and What is the minimum full time hourly wage
Identify the legislation and industry codes of practice : Your task is to choose an organisation - Identify the legislation and industry codes of practice relevant to the payment systems in the organisation
Develop operational budget and plan : Develop Operational Budget and Plan - Describe three (3) policies and procedures that support budget negotiation practice at your workplace or a workplace
What difficulties did you face along the way : How long has the company been working on becoming more entrepreneurial? What difficulties did you face along the way
Discuss why manager have failed to apply management theories : Discuss why manager have failed to apply management theories, effectively to address management issues that affects the company
Describe effective communication techniques : Describe different sources of supply (including an example of what each source supplies) that are used within the hospitality industry

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

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

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

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.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

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 and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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