Describe its current methods of revenue collection

Assignment Help Accounting Basics
Reference no: EM131567285

Problem - Every business organization is engaged in sales and revenue collection at some level. Examine your current, or former, workplace and describe its current methods of revenue collection. Does the organization collect cash directly from customers? Are their invoices and bills generated? If so, are they generated by hand or automated? How does the organization keep track of its outstanding receivables? Talk about the current state of the organization's OE/S system and what changes you would recommend.

Reference no: EM131567285

Questions Cloud

Maximum price at which you are willing to purchase stock : What is the maximum price at which you are willing to purchase this stock?
Differences between primary and secondary groups : Discuss the similarities and differences between primary and secondary groups. Give examples of primary and secondary groups that you belong to
Find the maximum and minimum values of f over s : Determine values of the constants a, b, and c such that f (x, y) = ax2y + bxy + 2xy2 + c has a local minimum at the point (2/3, 1/3).
Discuss the leadership style : Imagine that you are an employee of a company. Discuss the leadership style that you would prefer to work under and explain the benefits
Describe its current methods of revenue collection : Examine your current, or former, workplace and describe its current methods of revenue collection. Does the organization collect cash directly from customers
Plastic surgeons is considering forming new cosmetic clinic : A group of plastic surgeons is considering forming new cosmetic clinic that opens next year.
Discuss a performance management : Identify significant legal guidelines or regulations related to managing this area effectively. The relevance and importance of that area for management.
Describe what is meant by apartheid in south africa : Describe what is meant by apartheid in South Africa. Identify the groups and leadership who helped bring about a change that is slowly evolving
Find the slope of the tangent to the level curve : Find all stationary points of f(x, y) = xe-x (y2 - 4y) and classify them by using the second-derivative test.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determine changes to the balance sheet and income statement

Time cards are being entered into the accounting system for four employees. The costs for Employee 1 are to be billed to job cost code 302.01.01100L.

  Would a bank reconciliation uncover office fraud

Who is the best employ in Dr. Conrad's office to reconcile the bank statement? Would a bank reconciliation uncover office fraud?

  Should be on 2012 forms and done in pencil it should

should be on 2012 forms and done in pencil. it should include a schedule that shows the fiduciary income calculation

  Amount of principal reduction

Assuming that this lease is properly classified as a capital lease, what is the amount of principal reduction recorded when the second lease payment is made in Year 2?

  What date did business commence

Write the details of each partner's contribution in narrative form. At least one of the partners must have contributed more than just cash. If other assets are introduced, they must be realistic. Explain where they came from if necessary.

  Determine the income tax expense

From the income statement, determine the income tax expense for the most recent year. What are the current portion and the deferred portion of the expense? (See the "Taxes Based on Income" note in the Notes to Consolidated Financial Statements.)

  Jorge company bottles and distributes b-lite a diet soft

jorge company bottles and distributes b-lite a diet soft drink. the beverage is sold for 60 cents per 16-ounce bottle

  Feng company installs a computerized manufacturing machine

feng company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of

  What conclusions about the management of accounts

The following data are taken from the financial statements of Caprice Company.

  Determine the cost assigned to ending inventory

Determine the cost assigned to ending inventory and to cost of goods sold using (a) specific identification, (b) weighted average, (c) FIFO, and (d) LIFO.(Round your cost per unit to 3 decimal places.)

  Calculate what the variable cost per unit would need to be

for this cost volume profit scenario the variables aresales profit 25variable cost 15fixed cost 180contribution margin

  One of the many changes in the business environment in

one of the many changes in the business environment in current years that has had significant impact on cost management

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