Question One
Describe enterprise organization levels as seen from a financial accounting perspective.
N.B. Give precise, concise and thorough answer.
Question Two
Happy Home is a factory specialized in manufacturing some ranges of home appliances. A venture capitalist invests 120,000 SAR in Happy Home on January 10, 2018, which Happy Home deposits into its bank account. In exchange, the investor receives HappyHome common stock at $1 per share.
Show financial impacts of this purchase transaction using T-accounts.
Question Three
Happy Home purchases office supplies for 3,500 SAR with a check.
Record financial impacts of this purchase transaction using the pertinent T-accounts.
Question Four
Draw a simplistic mind map for organizational elements associated to the procurement business process.
N.B. leaves of your mind map have to correspond to “your” concise and precise definitions of the organizational elements from the procurement process view.