Answer: Discounted Cash Flow This framework or the cash flow structure is exploited in order to compute in a suitable manner the desirability of any sort of opportunities associated to business. The model of discounted cash flow evaluates the future estimations of the cash flow and thereby discounts them by exploiting a demanded annual rate in order to come to the current value projections. The discounted cash flow assessment is a representatio...
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Answer: Software Selection XERO: It is a domiciled public software company in New Zealand that offers cloud based accounting software for all the medium and small sized companies. The products of XERO are based on software as a service (SAAS) model and are sold through subscription. It provides wide range of accounting procedures that which makes the data reliable and protects it at the same time. It offers smart accounting tools that can b...
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Question: Discuss about the Strategic Procurement for Organizing Suppliers. Answer: Introduction: The process for special orders begins with a department head preparing a requisition form that is sent to the purchasing department for review by one of the six buyers, who verify the sender. Upon verification, the buyer seeks out potential suppliers from a file and requests them for a price quote by phone then a verbal orde...
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Question: Discuss About The Accounting Software For Small Business Intuit. Answer: Introduction MYOB is used for medium and small sized firms and is in existence from 1980’s. During the 2014 it released its cloud solution. Various advantages of the software are – The interface of the software is same as desktop version and it reduce learning curve for the long-term users. It allows the application for quick payme...
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Question: Prepare a business report to the CEO summarised overview of the Sales Process for Bucks Phyz. Answer: Background of sales department in Bucks Phyz The staffs of the sales are paid a small basic salary and rest salary is made on the commission of the sales after the invoice of the selling item is created. The head of sales Mr. Barry has commented that Bucks Phyz has introduced a new tool for pricing with which the m...
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Question: Discuss about the Explanation of Baker and Software Assists. Answer: Introduction Accounting system software assists in tracking different financial actions of the corporation in a very systematic way. The contemporary business environment is essentially particularly competitive in nature. Owing to this, different forms of contemporary corporations have the need to adopt diverse types of advanced technology in...
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Question: Discuss About The Participation In Information Systems Security Risk? Answer: Introducation Revenue Cycle comprises various activities in a period of Sales, Trade Receivables, Working Capital, Stock and General Ledger. The functions performed in completing a cycle is procuring and write the orders of customers and note the cost of the goods sold. Management of the company has a good idea from this cycle is how to make ...
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Question: Discuss about the Cloud Based Accounting Information System. Answer: Introduction Accounting information system is the structure that is utilized by an organization for collection, storing, management, processing, retrieving and reporting their financial information or data (Romney and Steinbart 2012). A cloud based accounting information system provides an extremely safe and secured method of storing any type of f...
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Question: Discuss about the Cloud Computing and Its Functionalities. Answer: Introduction In the technological development, cloud computing is an innovative way of storing data. In this concern, the report is describing different functions such as IaaS, PaaS and SaaS to develop the understanding about cloud computing service. These functions are important for commercial purpose. In addition, the report is also describing the...
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Question: You are asked to recommend one Accounting Software Package suited to the Company Business Applications. Write a report, to Compare Five Accounting Software Packages in the Market. Answer: Introduction The accounting software packages have been largely used for the development of the operations of the business organization (Mas et al. 2014). The development of the operations would be implied for the formation of the...
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Questions: 1.What are the Benefits and Limitation of Cloud Accounting, How would Implementation of the Cloud Computing Impact on the Corporate Strategy. Answers: Introduction Cloud accounting can be defined as an accounting system that is hosted on remote servers and can be accessed on the internet (Simkin, Norman, & Rose, 2014). Cloud accounting helps record financial details for both small and large businesses more ef...
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Question: Discuss About The Definition Of Business Process Description? Answer: Introduction: Small business are impacted by factors that helps in informational decision making that helps in generation of valid, reliable and accurate information. Accounting information system helps in tracing and appropriate recording of the financial transactions of organization. They are capable of interpreting and analyzing the financial data...
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Question: Discuss about the Digitizing Practices and Systems. Answer: Introduction: One more function that can help the management in taking decisions in a case like this, will be to make use of efficient BI tools, that will store the details about all the employees, a calculate the wages that must be paid on the basis of the specific details that are provided by the management. It will help in proper sorting of the employee...
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Question: Describe the Growth of Business Intelligence over the years. Answer: Introduction Recently, there has been a big buzz by companies on big data and analytics. In this report, I discuss business intelligence tools and how they can be used to solve big data challenges. I also discuss the growth of BI over the past decade and some of its common features used for decision making. Gone are the days of big data challenges...
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Question: Discuss about the Timeliness of Corporate Financial. Answer: Introduction Accounting Information System plays a crucial role in tracking the financial activities and information of the companies in an effective and systematic way (Romney and Steinbart 2012). It can be seen that extreme competition is one of the prime characteristics of the modern business environment. In order to cope up with this competitive busin...
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