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A plan that reports the units or costs of merchandise to be purchased by a merchandising company during the budget period is called a?
Wiki User
∙ 11y ago
cash budget
Wiki User
∙ 11y ago
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What reports a company's financial position?
It's the Balance Sheet.
What happens when a company has a net loss?
if a company reports a net loss it may still have a net increase in cash
What does the company Experian do?
Experian is essentially a company which specializes in credit scores and credit reports. They can help you find in accuracies in your credit score and iron them out.
How might the company use accounting information systems In what ways do these systems benefit the company In what ways might the systems be challenging for the company?
Kohls is a merchandise company that would use accounting information systems as the lifeline or backbone of the business, especially since accounting systems include people, records, methods, and equipment. As a former associate, I have had the ability to learn about how Kohls operates. Kohls uses source documents to include checks, packing slips, cash register receipts, and employee time cards, to name a few. Input devices used would be scanners, both at the register and radio frequency guns that maintain inventory and pricing information. Information processors are at the store level and also at the home office. Management take reports and evaluate the sales, credit card goals, and payroll. I believe most of the information storage is at the Home Office. The information obtained from the daily reports come from there, such as sales forecasts, payroll projections, etc. Output devices are located throughout the stores and the home office in the form of registers, printers, monitors, etc. It is my opinion that the company would not be able to run efficiently without these items. They all work together to streamline the accounting process that could take an extraordinary amount of time to compile should these things not exist. The system could be challenging because most of the analysis and input relies on a human factor. Errors in reading reports or a cashier that does not properly complete a markdown on merchandise can alter the ending outcome of the reports.
What is finalization of accounts?
Finalization of accounts is to prepare financial reports along with comparision and brefing of company's financial reports include (Income Statement, Cash flows, Balance Sheet, Statement Chages in Equity, Policies and disclousers) .
What tools or reports have you used to make merchandising decisions?
hello urban outfitters!
Do majority shareholder investors of a company usually get daily reports from the company?
Yes, majority sharholders of a company usually get daily reports from the company. This does vary from company to company.
What are the advantages and disadvantages of using company reports?
One of the advantages of using company reports include: management are able to assess the company's progress vs to the plan (know as a forecast). One disadvantage of company reports is, it is time consuming. Advantages outweighs the disadvantages and is recommend to use company reports.
What are P and L reports?
Could be 'Profit and Loss' reports for a Company.
Does all insurance company's do vehicle history reports?
Most of them but not all of the insurance company's do vechicle history reports. ;D
Where can I get a background check on a car I purchased?
One company that offers vehicle history reports includes CarFax. You can just go online and purchase or view a history report or get one from your car dealer.
What is a company that issues stock reports?
The most well known answer to this question would be the Dutch East India Company. In addition to issuing stock reports, this company was the very first company to do so.
What kinds of electronic reports might a company want to post on its website?
What kinds of electronic reports might a company want to post on its website?
Is Chrysler Financial a reliable company?
Chrysler Financial has many negative reports stating they are not a reliable company. The North Carolina Better Business Bureau reports that they are not an accredited company.
What is the preparation of reports for each level of responsibility in the company organization chart called?
What is the preparation of reports for each level of responsibility in the company's organization chart called
What is typically included in company reports?
Company reports include information based on the type of report it is. Generally, they include information about the recent activities of the company, such as financial performance and other information pertinent to investors.
Definition of share capital?
The amount of share capital a company reports on its balance sheet only accounts for the initial amount for which the original shareholders purchased the shares from the issuing company. Any price differences arising from price appreciation/depreciation as a result of transactions in the secondary market are not included.
