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Q. Responsibility of General Manager and salesperson?
Upon promotion to manager Tracy will start the transformation from auditor to executive. She will manage numerous audits at one time and become active in billing clients as well as negotiating audit fees. She will handle a lot of important client meetings and closing conferences. Tracy will as well become more involved in the firm's administrative tasks. Ultimately outside of her client service and administrative duties Tracy will be evaluated to a large extent on her community involvement and ability to assist the partners in generating new business for the firm. The two skills most highlight at the manager level are general management ability and sales and communication skills.
Q. Define Operating expenses? Operating expenses for a merchandising company are those expenses other than cost of goods sold incurred in the usual business functions of a comp
1. Listed below are account balances taken from the adjusted trial balance of XYZ Inc. as of December 31, 2012. Credit Account
Q. Procedure of recording business transactions? The raw information of accounting is the business transactions. We documented the transactions in section 1 as increases or dec
define accounting. Explain the accounting concepts which guide the accountant at the recording stage.
How to create account for barter transactions? As My Company is providing a service to another company and that company is reimbursing us with his service.
Cash Flow Analysis: As per the Institute of Cost and Works Accountants of India (AICWAI), a Cash Flow Statement is a declaration setting out the flow of cash under different
Q. What are Bad debts? Bad debts -- amounts owed to a company which aren't going to be paid. An accountreceivable becomes a bad debt when it's recognized that it won't be paid.
Q. Explain about closing process? Expense, revenue and dividends accounts are nominal (temporary) accounts that are merely sub classifications of a real (permanent) account Ret
Research the major funds of your state or local government and nonprofit organizations. • What are the major funds of your state or local government, and how do they differ in n
office supplies on hand at year end amounted to 3000
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