answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: How can you set up the system so that a cardholders can reallocate only one specific accounting code segment?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Accounting

How can you set up the system so that cardholders can reallocate only one specific accounting code segment?

Select only that segment on the accounting code view assigned to cardholders


Who pays the utility bills in a corporation?

Bills to companies and corporations are usually sent to the accounting department; a segment of accounting is 'accounts payable'.


What are the five objectives of branch accounting?

BRANCH ACCOUNTINGBranch: A branch is a separate segment of a business. In order to increase the sales, business houses arerequires to market their products over a larger territory and may generally split their business intocertain divisions or parts. These various parts or divisions may be located in different part of the samecity or in different cities of the same country or in different countries in the world. These are known asbranches. The head office controls the activities of various branches.Branch accounting: Branch accounting is the process through which the accounting system of a branchis maintained.Objectives of branch accounting: The main objects of branch accounts are dependent on the nature of the business and specific need of a particular branch. The objectives of keeping the branch accountsacceptable to all businesses are as follows.1.To know the profit or loss of each branch separately.2.To ascertain the financial position of each branch separately on a particular date.3.To know the cash & goods requirements of the various branches.4.To evaluate the progress and performances of each branch5.To calculate commission for payment to the managers, if based on profits of branch.6.To give concrete suggestions for the improvement in the working of the various branches.7.To meet the requirements of specific enactments as all branches of a company must keep theaccounts for audit purpose


Explain how 'segment margin' differs from 'contribution margin'?

Contribution margin is the amount remaining from sales revenue once all variable costs have been removed ie. Contribution Margin = Sales Revenue - Variable Costs Segment margin is the margin available after a segment has covered all of its costs. It's one of the best ways to determine the long-term profitability of a segment. ie. Segment Margin = Segment's Contribution Margin - Fixed Costs traced to the Segment


What are Advantages of segment reporting information?

Many conglomerates have expanded into more diversified businesses and some have entered overseas markets. As a result, their operations have become too sophisticated to allow financial performance to be analysed from the profit-and-loss statement and balance sheet alone. So, how do shareholders or investors know which businesses are making money and which are losing money? The answer is ''segment information''. Segment information is a part of the financial statements that provides useful information about a company's revenues, operating results and assets, by business segment and geographical segment.

Related questions

How can you set up the system so that cardholders can reallocate only on specific accounting code segment?

Select only that segment on the accounting code view assigned to cardholders


How can you set up the system so that cardholders can reallocate only one specific accounting code segment?

Select only that segment on the accounting code view assigned to cardholders


When you set up an accounting code structure which elements must you specify for each segment?

Segment name, Segment length, segment position


An accounting code structure consists of which elements?

Before you can modify an accounting code view, what needs to be in place?


What are the two specific points of a line segment?

Any line segment has infinitely many points and each one of them is specific to that line segment.


Who pays the utility bills in a corporation?

Bills to companies and corporations are usually sent to the accounting department; a segment of accounting is 'accounts payable'.


What has the author Clive R Emmanuel written?

Clive R. Emmanuel has written: 'Accounting for management control' -- subject(s): Managerial accounting 'Segment Reporting'


What types of values does a valid values list contain?

List of values for an accounting code segment


What type of values does a valid values list (VVL) contain?

List of values for an accounting code segment


Has a beginning and an endpoint of a specific distance?

A line segment


Which is longest line segment or line?

A line segment is a specific length. A line goes on forever in both directions.


What are the segments of equal lengths called?

If two segments are of equal length, then we call them congruent segments. Congruency is used when we do not know the specific length or measure, but instead we are dealing with unknown values. In other words, if I know that segment AB=8, I cannot say that AB is congruent to 8 since 8 is a specific value. I could say that segment AB is congruent to another segment, maybe segment BC but it would be improper to say that a segment is congruent to a specific value.