User Account

All Pages

What changes should be made to improve the efficiency

Assignment Help Accounting Basics
Reference no: EM131140176

1. Barb Doane, a classmate, has a part-time bookkeeping job. She is concerned about the inefficiencies in journalizing and posting transactions. Jim Houser is the owner of the company where Barb works. In response to numerous complaints from Barb and others, Jim hired two additional bookkeepers a month ago. However, the inefficiencies have continued at an even higher rate. The accounting information system for the company has only a general journal and a general ledger. Jim refuses to install an electronic accounting system.

Instructions

Now that Barb is an expert in manual accounting information systems, she decides to send a letter to Jim Houser explaining

(1) why the additional personnel did not help and

(2) what changes should be made to improve the efficiency of the accounting department. Write the letter that you think Barb should send.

Reference no: EM131140176

Questions Cloud

How might the system be improved to prevent this situation : Roniger Products Company operates three divisions, each with its own manufacturing plant and marketing/sales force.
What is the role of the people in the texas political system : What is the role of the people in the Texas political system? The role of public opinion, interest groups, and political parties; The state and local election process
Administrative agencies and consumer protection : Administrative Agencies and Consumer Protection FSPC operates a food processing plant in Mississippi, where various meat products are packaged for shipment to restaurants. Which government agency is responsible for protecting the public in the E. col..
What are the values involved in the company experience : Barriers. What barriers face companies as they try to teach people to change their consumption habits of various products? Customization. To what extent should companies customize their offerings to local tastes? Are there risks to extreme customiz..
What changes should be made to improve the efficiency : What changes should be made to improve the efficiency of the accounting department. Write the letter that you think Barb should send.
What is the price of a zero coupon bond that matures in 3 : Assuming semi-annual compounding, what is the price of a zero coupon bond that matures in 3 years if the market interest rate is 5.5 percent? Assume par value is $1000.
Describe various bodies that govern public schools in texas : Identify and describe the various bodies that govern the public schools in Texas. Explain some of the specific issues with which these bodies have to deal
What value-added retention programs are in place : Explore the external environment of your company/product/brand. Specifically, how have changes or evolution in the following areas affected your company/product/brand? In other words, what opportunities or threats arose from changes in the exter..
Analyze major points of george washington farewell address : For this assignment, you will analyze the major points of George Washington's "Farewell Address" and write a 3-page analysis, considering contemporary government and including differing points of view

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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