What are the key issues

Assignment Help Accounting Basics
Reference no: EM13695158

Zalifa Savioe is a manager in the Computer Systems Specialist group, part of the Assurance practice of Andy, Gilmore & Dale ("AGD"). In the next few minutes, she will be meeting with the Deputy CEO of a growing retail specialty chain. She is quite optimistic that she will be able to land a contract for a major systems analysis project that she anticipates will generate about $500,000 in revenues for the firm. She knows that the client has been talking with other firms as well; however, she realizes that the new firm approach she has been advocating has drawn the client's interest. Zalifa is up for promotion and believes that landing this deal would secure her move to the next level. She suspects that the client has already requested and secured proposals from at least two other firms. Developing the proposal from AGD will likely be her next step after this meeting.
After waiting in the reception area for several minutes, Zalifa is ushered into the client's office. Apologetically, the secretary explains that the client has been delayed for about 10 minutes. Offering to bring coffee, the secretary notes, "Mr. Hoover asks that you make your- self at home."
3Declining the coffee, Zalifa settles into one of the comfortable chairs facing the desk. Lying in plain view is a thick spiral-bound book with the logo of another firm labeled "Proposal for an Enhanced Retail Systems Analysis."
Questions
a.What are the key issues?
b.What should Zalifa do?
c.With whom should Zalifa consult?

Reference no: EM13695158

Questions Cloud

Business scenario : Business scenario.
Explain the components of your new compensation system : Explain the components of your new compensation system - draft an action plan for the implementation of your new system (for each stage you will identify the action, when and how it will implemented as well as the resources that you might need)
Audit software evaluation directions : Audit Software Evaluation Directions
What a culture or society says is right : Although Ethical relativists believe that what is right is determined by what a culture or society says is right, confusion about them abound. Explain the three unsatisfactory implications to their point of view.
What are the key issues : What are the key issues
Core process from the operations function : Select a core process from the operations function where you are currently employed and critically examine the challenges facing its operations manager(s) in terms of balancing the efficiency and effectiveness of this process.
Compute the amounts cash collected from clients : Compute the amounts Cash collected from clients during the year and cash paid for advertising expense
Would higher or lower rates increase the incomes of agents : Insurance agents receive a commission on the policies they sell. Many states regulate the rates that can be charged for insurance. Would higher or lower rates increase the incomes of agents? Explain, distinguishing between the short-run and the long-..
Supply is inelastic or elastic : In which case would the shortage resulting from a price ceiling be greater: when supply is inelastic or elastic?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Cost estimates on a long-term contract may indicate that a

cost estimates on a long-term contract may indicate that a loss will result on completion of the entire contract. in

  Last year sales were 140000 net operating income was 65000

last year sales were 140000 net operating income was 65000 and average operating assets were 300000. if sales next

  Institution has the most benefits for a checking account

Which institution has the most benefits for a checking account?

  If a company has had a 90-day guaranteed return policy

if a company has had a 90-day guaranteed return policy since 1983 but has never has had a return is there an accounting

  Jantz corporation purchased a machine on july 11998 for

jantz corporation purchased a machine on july 11998 for 250000. the machine was estimated to have a useful life of 10

  Journalize the following transactions using the allowance

journalize the following transactions using the allowance method of accounting for uncollectible receivables. april 1

  The authors state that when replacing a firms ais system 30

the authors state that when replacing a firms ais system 30 of the work takes place during development and 70 is spent

  Discuss whether the modification costs would qualify

Green Corporation made extensive modifications to a portion of a building so that it could be used to conduct product research. Discuss whether the modification costs would qualify as research and experimental expenditures.

  Compute the amount of federal transfer taxes

Howard died in 2014, in addition to his $8.5 million of certificates of deposit and investment property worth $4 million

  Balance sheet to external appraisers

What are the possible implications if accountants outsource the balance sheet to external appraisers (applying fair value accounting) for period-end financial statement reporting?

  What will be the accounting entry

A machine costing Rs. 10.0 million and having book value of Rs. 6.5 million was traded-in with another machine having a fair market value of Rs. 7.0 million with an additional cash payment of Rs. 1.0 million. what will be the accounting entry?

  E18-4 recognition of profit on long-term contracts during

e18-4 recognition of profit on long-term contracts during 2007 pierson company started a construction job with a

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