Business processes in accounting information systems
Problem: Of all the business processes in the Accounting Information Systems (AIS), which do you think is the hardest to control and why? Be specific in your discussion of internal controls.
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Joe reported the following financial information for his business activities during year 0. Determine the effect of each of the following transactions on the taxable business income.
The Johnsons own a piece of investment real estate. They paid $500 of real property taxes on the property and they incurred $200 of expenses in travel costs to see the property and to evaluate other similar potential investment properties.
Using the internet, find a real world example where fractions were used to solve a problem. Explain what the real world problem is, what the fractions mean in the problem and explain how the problem was solved.
1) Determine the current break-even point in units and dollars. 2) Determine the expected profit assuming alternative #1 and sales of 3,200 units.
I understand that non-recurring items such as adjustments for changes in accounting methods, extraordinary gains/losses, income from discontinued operations, etc. must not be included.
How does technology effect the accounting profession and accounting processes? Give examples for accountants and auditors. Also, discuss how information system are changing how accounting is performed at a law firm.
Prepare an overview of government accounting for a business person, using the State of Georgia as an example. Describe the entity and evaluate the Management Discussion & Analysis (MD&A) section.
The buyer assumed Kevin's existing mortgage of $40,000 and agreed to pay an additional $60,000 consisting of a cash down payment of $40,000, and payments of $4,000, plus interest, per year for the next 5 years. Kevin paid selling expenses totaling
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