Answer: Introduction Cybersecurity issues can have a direct influence on both business sakes as well as on the reputation of the business (Chhetri, Canedo and Al Faruque 2016). There are numerous Information Systems (IS) which are deployed across commercial establishments to optimize their business operations (Perlroth, Scott and Frenkel 2017). The role of the accountants of the system development projects is very much crucial to mainta...Read More
Answers: 1. With reference to the principles of taxation, it is seen that it plays an important role in accomplishing the income equality within the society. Some of the important functions are given below- Taxation redistribution function In order to allocate proper understanding of the Australian taxation system, there are many deductions, fringe benefit tax, goods and service tax. The allocation function reveals comes up to make governme...Read More
Answer: 1. Trade theories serve as metrics that are used in explaining a country’s trade pattern and their effect to the local and international economy of the country (Singh, 2019 p.688). The theory of Comparative advantage and the factor proportions theory are among the trade theories that explain the reason behind the increase in the rise of China and India in the international world. Comparative advantage theory state that, “A...Read More
Answer: Introduction: The report is prepared to address different requirements by referring to the financial report of selected company listed on ASX. A detailed analysis of the financial statements for two consecutive financial periods have been presented. Amor limited has been chosen to critically evaluate the different aspects of the financial statements. Report demonstrate the understanding of the capital structure and different sources o...Read More
Answers: From Week 2 Pre Recorded Case Study 1 (a) Four critical management skills should be embraced by any manager in the organization. One of the four management skills includes leadership skills (Kanungo, and Misra, 2012 p.1311). This involves overseeing the general progress of the organization and the motivation of the team working to achieve the set common goal of the organization (Caproni and Arias, 2017 p.292). The second critical ma...Read More
Answers: 1 A sole trader is considered as an individual or any entity who practices a business alone. It is measured as the easiest method of occupation and the inexpensive procedure of the commerce where other than the sole trader no other person or entity shall be obligated for the profits incurred and the losses in the business. A Company is mentioned as any body or organization that is devouring a separate individuality separately f...Read More
Answers: Question One The four core business processes that are important to run or grow a business are listed as concept-to-product, market-to-customer, order-to-cash, and demand-to-supply (Li, 2017). Concept-to-product The cycle of product creation involves all the measures taken to take the product from idea to commercial availability. This involves defining the consumer demands, analyzing the business environment, planning a strat...Read More
Answer: Introduction: The objective of preparing the paper is to critically evaluate the relevance and the challenges of the budgeting systems adopted in the organization by conducting a review of the literature. For this purpose, a peer reviewed journal article is required to be selected on “Use of Budgeting as a management technique for managing resources”. The chosen article for evaluating the system of budgeting adopted in any...Read More
Answer: Introduction The focus of the assessment is to formulate a detailed analysis on the reporting process of a business mainly focusing on reporting for taxes. The company which is selected for the analysis is CSL ltd which is engaged in providing pharmaceutical solutions to the people. The company is known for its 9innovative approaches for development of new medicines (Csl.com. 2020).. The annual report for the company would be consider...Read More
Answer: 1. (A) Name of point B is inefficient. Name of point A is efficient. Name of point D is unattainable. 10 units of machinery is the opportunity cost of producing 10, 000 more tons of rice when the economy of Nepal is operating at point T. (B) (B1) Discovery of fertilizer would increase the output of rise given the amount of other things will take the economy of Nepal to PPF2. (B2) Discovery of steel would increase the production of ...Read More
Answer: 1: The national sporting organizations in the territory have maintained various rules or laws to maintain their organization. There are several sporting organizations such as the Australian Football League, National Rugby League and many others. The Directory of the Sports of Australia has restricted the particulars of these organizations, in addition to it is recognized the people of the organizations who are concerned in the improve...Read More
Answer: Introduction The case study that has been selected for analysis in the report is mainly based on the accusations faced by Volkswagen with respect to the maintenance of sustainability levels of its operations. The incident that had taken place in the organization was named as “diesel dupe” and it had been detected by the Environmental Protection Agency or EPA. The agency had mainly detected that the cars of Volkswagen that ...Read More
Anwers: Week 1. The phrase “accounting is all about numbers” is a common perception yet it as a broader meaning. Accounting is a process of communicating financial information to one department to the top management of the business organization. It cannot be said that accounting is all about numbers because it helps in identifying, measuring, recording, and communicating all the financial transactions of the business and helps in ...Read More
Answers: 1: Issues: The central matter of discussion that is addressed in this case is concerning the tax deduction of prepaid rent that is paid by the taxpayer for 10 years of casino rental. Rule: An outgoing is not permitted for deduction till the extent that the outgoing has occurred for expenses that are capital and not allowable as tax deduction inside the “sec 8-1 ITAA 1997”. There must be a difference between the r...Read More
Answer: Week 1: Q1) Type of engagements required and level of assurance needed on Audit of Management accounts for the year ended 30thJune 2017 As an audit manager for OEL, my role is to show whether the management accounts for Local Pty Ltd for the year ended 30th June 2017 reflect a true and fair position of the company. Three major assurances are ordered in the increasing level of rigor. They include compilations, reviews and au...Read More
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