Accounting Answers

5. Provide at least 5 examples of features that would need to be compared and measured against user requirements to enable the identification of alternative systems and solutions

The general manager has asked you to provide a series of questions on key issues that could help guide their decision-making on purchasing an accounting information system.

Prepare a list of 20 questions that the general manager could use..

Why is it perceived as being anti-union and pro-business?

Contribution margin is

How is the budget process affected by revenue forecasting ?

Explain and provide an example of three types of discrepancies an accounting information system could identify.

You have implemented a new accounting system and your organisation is dissatisfied with the training currently being provided and has decided to make their concerns the subject of a formal complaint. What are the six steps in the negotiation of the remedial action process in their correct order

Describe the features of cash, revenues and expenditures. Give examples of each category with a linked budget objective.

A community in Northern Namibia produces only two goods, TVs and CDs. With the aid of properly labelled production possibilities curves illustrate each of the following (putting TVs on the vertical axis).
1.A shift in production from CDs (services) towards TVs (goods).
2.An increase in the potential output of the community due to a greater availability of the factors of production.

Samantha owns and runs her own private ladies beauty clinic. She recently erected a billboard just outside the gates of the premises at a cost of R40 000. She pays R300 monthly for a small advert space in the local gazette. The local municipality fined Samantha R10 000 for placing the billboard on a public property without authority. She paid a further R3000 to have the billboard moved within the premises. She also paid R2000 to print pamphlets distributed on Women’s Day.
You are required to:
Discuss whether the expenses and losses are deductible under the general deduction formula.