please explain the ORGANIZATIONAL CHART - heirarchy - functions - responsibilities
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please explain the ORGANIZATIONAL CHART
- heirarchy
- functions
- responsibilities
Step by step
Solved in 2 steps
- Comprehensive Problem 1Part 2 and Part 3: The following is a comprehensive problem which encompasses all of the elements learned in previous chapters. You can refer to the objectives for each chapter covered as a review of the concepts. Note: You must complete part 1 before completing parts 2 and 3. Part 2: Using the attached spreadsheet, post the journal entries from part 1 to a ledger of four-column accounts. Part 3: Prepare an unadjusted trial balance. If an amount box does not require an entry, leave it blank.TP4. LO 6.6Review the most recent yearly (or quarterly) income statement for a publicly-traded company and answer the following questions.What company did you choose, and which income statement format do they use (multi-step, simple, or combination)?What information is included on the statement?Do you agree with the format presentation? Why or why not?What are the benefits and limitations with the income statement format choice?Compute the Gross Profit Margin Ratio. Discuss the results.{Auditing} 6. Internal control goes beyond accounting function and incorporates both accounting and administrative control. From the following alternatives, identify which one is not a part of accounting control? a. Standard Costing b. Internal check c. Bank Reconciliation d. Performance appraisal
- 38-An elementary description of things, events , activities, and transactions is: O a Knowledge b Database Oc .Information O d. Data Item1. Identify a specific business or company. Choose a company that you are familiar with. 2. Determine at least 5 departments in the chosen company. 3. Discuss at least 3 information/data that each department needs from the Accounting Information System. 4. Discuss at least 3 information/ data that each department will provide to the Accounting Information System.Senior management is also considering residual income as a performance measure. Comment on the performance on the two divisions based on residual income. (Word limit: 50 exclude supporting computations)
- For each requirement, state how it is intended to help to address the risk of fraud in publicly traded organizations. a. Boards need to consist of at least 3 independent directors of 1/3 of the board which is higher. b. Boards need to hold regular executive sessions of independent directors without management present.You are tasked with research an article from the RTC library or Google Scholar about inventory management. Your submission should reveal the following information: (a) Introduce the article (summarize) (b) Describe how the article relates to the class. (c) Discuss the issue(s) and provide an alternative solution to the problem (d) Copy & paste a link to the article for my observation The article should be within the last five years. There is no requirement length but I should at least see three paragraphs at a minimum. To use the RTC library please use the following instructions. 1) Proceed to RTC.edu homepage 2) Click library towards the top right in white 3) In the middle of the page click online database 4) Click on eLibrary 5) In a new window eLibrary in the top middle (purple) 6) In a new window type in your topic (inventory management) in the search bar Please be sure your article is within the last five years.The purpose of this assignment is to evaluate the impact of a financial analysis on administrative decisions in a health care organization. Review Northwestern Memorial HealthCare's "Consolidated Financial Report" (Years Ended August 31, 2019 and 2018), and answer the following prompts. Discuss the importance of and need for a financial analysis within a health care organization. Explain the relationship between a health care organization's financial plan and debt policy to its strategic plan. Assess the financial position of Northwestern Memorial HealthCare in 2019 as compared to 2018. Give specific examples of areas where improvement is needed or areas that should be of concern in terms of financial viability. Based upon these observations, make recommendations that management should consider from a strategic standpoint (i.e., strategic budgeting methods).
- Explain the purpose of each of the following informational reports. (L.O. 4) Trip or conference report Progress report Minutes of meetings SummaryJessica's client is expanding and needs to upgrade her version of QuickBooks Online. What steps will Jessica take to upgrade in QuickBooks Online Accountant? A. Gear icon> Company Settings > Payments > Upgrade B. Gear icon> Subscriptions and billing > Your Subscriptions > Select Action > Upgrade C. Gear icon> Company Settings > Advanced > Upgrade D. Gear icon> Subscriptions and billing > Billing details > Edit billing informationThis assignment will require you to research, discover, analyze, and write a complete Business Report. "FIRST IN-N-OUT BURGER OPENS -- Harry Snyder introduces California's first drive-thru hamburger stand in a space barely 10 square feet at Francisquito and Garvey in Baldwin Park. Every day before dawn, Harry visits the meat and produce markets to pick out fresh ingredients, which he prepares by hand. Meanwhile, his wife Esther diligently takes care of all the accounting for the new restaurant at their home right around the corner. It's been a few years since then, and In-n-Out Burger is now a favorite of millions. Your Team Research Project is designed as a business case study to improve the operations of this very successful company. (Note: With instructor approval, your team may change the focal company of this project, as long as you maintain the intent of the project.) Your report will contain these elements: Company Background (Past, Present, and Future) Current Business Model…