User Account

All Pages

What is hierarchical coding with respect chart of accounts

Assignment Help Financial Management
Reference no: EM13907426

1.What are the three major types of funds found in most local government accounting information systems?

2. What is "hierarchical coding" with respect to a chart of accounts? How would hierarchical coding be useful for companies?

3. What is internal control? Why is it a fundamental part of accounting information systems?

Reference no: EM13907426

Questions Cloud

Design a web page displaying list of hyperlinks : Write HTML code to design a web page displaying list of hyperlinks. Divide the browser screen into two frames. The frame on the left will be an image. The frame on the right will be a menu consisting of hyperlinks.
How do you incorporate ais into your daily life : Does the presence or absence of computers and other forms of information technology determine whether or not a business has an accounting information system?
Compare and contrast the different stages of the business : Compare and contrast the different stages of the business cycle and how inflation and unemployment vary via these different stages. Then discuss the appropriate fiscal and monetary policies to address inflation and unemployment.
Gordon''s utility function : Where q is the number of hours of music he plays, and y is his consumption of all other goods. Each hour of music he plays costs him $2 in electricity, but his income is large enough that he could always afford to play music 10 hours a day if he so w..
What is hierarchical coding with respect chart of accounts : What are the three major types of funds found in most local government accounting information systems?
Calculate effect of purchasing the component from robo pie : Calculate the effect of purchasing the component from Robo pie on Northern Division's profits and comment on the likely reaction of the General Manager of Northern Division to this option.
Explain why it is necessary to condemn unsafe structures : Explain why it is necessary to condemn unsafe structures
Irrespective of the old ui : Generate a Drag and Drop UI, where the enduser can change UI elements by dragging and dropping then later when the same user again comes and access the UI then what the changes he made on UI earlier should be presented there irrespective of the ol..
Prepare responsibility accounting performance reports : Billie Whitehorse, the plant manager of Travel Free's Indiana plant, is responsible for all of that plant's costs other than her own salary.

Reviews

Write a Review

Financial Management Questions & Answers

  Market for exchange rates

Based on the volatility smile usually observed in the market for exchange rates, which of these estimates would you expect to be too low and which would you expect to be too high?

  Principal are loyalty-obedience-performance

The duties of an agent to her principal are loyalty, obedience, performance and which of the following: Administrative law agencies usually have three types of authority.

  Considering the credit application of a customer

James Corporation is considering the credit application of a customer. The customer is expected to buy $5000 worth of material from James every month in future, and pay for it within a month.

  Environmental effects be dealt with when evaluating project

An electric utility is considering a new power plant in northern Arizona. Power from the plant would be sold in the Phoenix area, where it is badly needed. Because the firm has received a permit, the plant would be legal; but it would cause some air ..

  Corporation has outstanding accounts receivable

A corporation has outstanding accounts receivable totalling $3,500 as of December 31. During the year the company had sales on credit of $24,000. There is also a debit balance of $1,200 in the allowance for doubtful accounts.

  Company will maintain this dividend-current share price

Estes Park Corp. pays a constant $1.7 dividend on its stock. The company will maintain this dividend for the next 17 years and will then cease paying dividends forever. If the required return on this stock is 2.34 percent, what is the current share p..

  Businesses must make long term investment decisions

Businesses must make long term investment decisions or sustainability. Critical questions such as which assets to invest in and at what cost to the organization are crucial to the future viability of the business. What is the role and importance of m..

  Annual sales figure when evaluating this project

Travel America Coaches currently sells 15,000 motor homes per year at $94,000 each, and 1,500 luxury motor coaches per year at $159,000 each. The company wants to introduce a low-range camper to fill out its product line; it hopes to sell 6,000 of th..

  Approximate annual compound growth rate in price of pears

Suppose the price of pears was $1.16 in mid-2010 and $1.37 in mid-2013. What would be the approximate annual compound growth rate in the price of pears?

  Discuss the role of a third party intermediary

Discuss the role of a third party intermediary in an interest rate swap agreement. Describe the risks assumed by the intermediary. How does the intermediary potentially profit from this activity?

  Calculate the firms net income

Garden Pro Corporation has sales of 4,279,540; income tax of $509,967; the selling, general, and admin expenses of $284,673; depreciation of $340,470; cost of goods sold of $,619,760; and interest expense of $180,429. Calculate the firm’s net income.

  Difference in straight-line and MACRS depreciation expense

Griffith Delivery Service purchased a delivery truck for $33,600. The truck has an estimated useful life of six years and no salvage value. For purposes of preparing financial statements, Griffith is planning to use straight-line depreciation. What i..

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