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What is the highest level of accounting classification necessary for managing funds but has no funds loaded?
Wiki User
∙ 14y ago
Control summary records (CSRs)
Wiki User
∙ 14y ago
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What is the top rated accounting software?
Sage Peachtree Accounting software received the highest ranking. It is always helpful, however, to pay a professional accountant to review your numbers.
Why do you feel you are suitable for accounting job?
you need the dedication to show you can perform task at the highest level
Is accounting better then finance?
CPAs (Certified Public Accountants) USED to have the highest earning potentail of any carreer in the USA. Greater than Doctors and Lawyers.
What is the scope of cost accounting?
Cost accounting is generally thought of in connection with manufacturing operations. Cost accounting in this field has reached its highest development, and its valuable and well proved services to manufacturing concerns amply justify this association. There is no reason, however, to believe that the principles and procedures of cost accounting cannot, with some variations, be applied to other fields.In fact, wherever it is necessary to know the cost of manufacturing a particular product, doing a particular job, rendering a particular services, or investigating efficiency in terms of cost, cost accounting techniques and procedures can be applied with greater benefits. In additions to its use in the manufacturing operations, another useful area of its application is field of marketing and administration. In this field, the work done is of comparatively recent origin and has not been developed to the same degree of refinement as in the manufacturing field. Much work, investigation and research into procedures and methods in this area are currently being observed. In short, procedures and techniques developed by cost accounting have been found useful in the fields of banking, insurance, public utilities, motor trucking, departmental stores, hospitals, hotels educational institutions, and even in professional offices, such as doctors, lawyers; accountants and teachers.
What is mechanised accounting?
the use of computer equipment in bookkeeping and statistical and everyday accounting to perform the technical operations involved in keeping records of labor and wages, output, and incomes and expenditures, and in drawing up accounting and subsidiary accounting summaries. The technical operations are usually large-scale and because of their labor-intensiveness take up to 70-75 percent of all accounting time. The mechanization of accounting significantly raises the labor productivity of accounting personnel and speeds up data processing and improves its accuracy. The mechanization of accounting began in the late 19th century with the development of mechanized calculating equipment, with the appearance of punchcard machines, tabulators, and calculators. The use of very simple calculating and problem-solving machines resulted in increased labor productivity-2-3 times in adding, 5-6 times in multiplication and division, and 15-20 times in the grouping of accounting data. This made it possible to process economic data at a much faster rate and ultimately led to improvements in production control. In the USSR, the mechanization of accounting was begun in the 1930's with the founding of a national computer industry. Since 1949, the mechanization of accounting has developed in the direction of full mechanization of all jobs involving different aspects of accounting and reporting. To achieve this, enterprises and establishments set up computing bureaus, card centers, or computer centers, depending on the volume of accounting work. Full mechanization of accounting involves the replacement of manual labor by mechanized labor not only in the most labor-intensive accounting operations but in all other sectors, from primary processing of documents to the compilation of the book-keeping balance and of summary statistical reports. The most complex problem in the mechanization of accounting is the preparation of raw data. This problem is resolved when accounting is fully automated and the primary documents that can be immediately understood by accountants are simultaneously computer data carriers. Full automation of accounting operations is the highest stage in the mechanization of accounting; it is achieved in automated control systems.
Is the highest level of accounting classification necessary to for controlling funds?
No, the highest level of accounting classification is not necessary for controlling funds. Control of funds can be achieved through effective budgeting, monitoring of transactions, and regular financial reporting regardless of the level of accounting classification used.
What is the highest level of accounting classification necessary for controlling funds?
Control Summary Record
Is the highest level of accounting classification necessary for controlling funds?
Control Summary Record
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DOCG is the highest classification and DOC is the second highest classification. Wine classification in Italy.
What is the highest paying business accounting job?
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Which online accounting schools have the highest ratings?
DeVry University have the highest ratings among online accounting schools.
What is the second highest and second broadest classification level for plants and order?
The second highest classification level for plants is the division. The second broadest classification level for plants is the order.
Largest unit of classification?
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What is the highest rated bookkeeping software?
Sage Peachtree Complete Accounting is the highest rated accounting software. In a comparison against other brands such as Quickbooks, Bookkeeper, and Simple Accounting, it rates the highest in performance,eas of use, and payroll, among other things.
What is the highest degree in accounting?
No all you have to do is have or take a math class on accounting in high school or college.
