Notes On Computer Data System - 887 Words

2. (a) Master Data-Master data is the basic data that is needed and important to operations in a specific business or business unit. The kinds of information treated as master data varies from one industry to another and even from one company to another within the same industry. The Transaction data describes an which the Master Data participates in, which in this case is the purchasing of the cheese. So some examples here would be the price, the discount or coupon, and the method of payment. (b) Generally there are three types of data in ERP †¢ Organisational data †¢ Master data †¢ Transactional data Master data:- any person, any place, or any object defined for any specific organization level. Stored centrally and shared among business processes and applications. Documents for master data are structured in a hierarchy that is made up of several folders. The documents are assigned to folders on the basis of their properties. Documents are always displayed on the lower level. The hierarchy tree for the documents contains folders that are only used for structuring purposes and do not contain documents. It also contains folders in which documents are displayed: †¢ Folder for the system alias If the documents are stored on the BW server, this folder is unnecessary. †¢ Folder for master data (folder without documents) †¢ Folder for specific master data, such as material or cost center (folder without documents) †¢ Folder for specific master data (folder without documents)Show MoreRelatedApplication Of A Macbook Pro And Os X1446 Words   |  6 PagesData, Information, and Organizational Knowledge is this week’s assignment and after completing the required reading/videos introducing the notion of computer basics; I have to answer a few questions for the case study. So let’s get down to business and learn computer basics. So what operating system does my computer use? For my personal computer I chose to utilize a MacBook Pro and OS X El Capitan is the operating system that powers my Mac. The OS X operating system is based on the UNIX foundationRead MoreBasic Home Computer Network and Computer Network Security Plan1208 Words   |  5 PagesIntroduction Generally, computer network security systems and structures considered robust are preceded not by software and hardware but by careful planning. A typical computer network security plan must take into consideration a wide range of security risks and vulnerabilities and from that, develop a road map to reduce such exposure. Given the need to protect the integrity and confidentiality of data as well as other system quality attributes, the need to mitigate exposure cannot be overstatedRead MoreFaulty Data And Its Effects On Patient Care Decisions871 Words   |  4 PagesIt is imperative to have quality and accurate data that must be validated in order for health care providers to provide quality care for their patients. Accurate data can be impeded or compromised by As a result, not excessive data, measurement instruments are erroneous, â€Å"imprecision in terminology, illegibility and inaccessibility of records, and other opportunities for misinterpretation of data.† â€Å". .Use of faulty data can have serious adverse effects on patient-care decisions† (Musen, MiddletonRead MoreNdas Chapter 1856 Words   |  4 Pagesautomation, system integration, and networking. Begin by explaining how each department uses information technology, what hardware it uses, and what functions currently are automated. Also assess which department is most in need of a network. The level of automation varies significantly among the NDAS departments and offices. In addition, NDAS is in the process of downsizing to achieve a more cost-effective computer support system. For example, the Sales and Marketing Division has a desktop computer forRead MoreInformation Technology for Business1449 Words   |  6 Pagesreduced costs. Other common types of office technologies are the PDAs, personal data assistants, and smartphones that can access the internet, intranets, or extranets via WiFi or Wireless Wide Area Networks. There are technologies for solving computational tasks (What is information technology - Types of Information Technology). Some of these technologies are used to develop different types of industrial detection systems and processors. These allow for higher security and higher volumes of informationRead Moredatabase management system and information retrieval system1100 Words   |  5 PagesDifferentiate between database management system and information retrieval system by focusing on their functionalities. A database management system in the main software tool of the database management approach because it controls the creation, maintenance, and use of the database of an organization and its users. The three major functions of a database management system are first to create new database and database application. Second to maintain the quality of the data in an organized database. And lastRead MoreEssay On Leopo781 Words   |  4 Pagescombination of a Lenovo laptop and Samsung Galaxy Note 8 mobile phone. The second option is a combination of the iPad Pro and iPhone 8. Either option would suit my needs well and could be chosen based upon if the company switches to Apple or stays with the PC/Android based products. The computer in option A is the Lenovo IdeaPad Miix 510. The features that this computer owns include a large screen and the capability of using the machine as a laptop computer. It also can convert into a tablet simply byRead MoreCase Study 2: U.S. Versus Aol. In The U.S. Versus Aol Case,1253 Words   |  6 Pagesinflation of PurchasePro, Inc. stock prices (Easttom Taylor, 2011)†. One of the various charges the executives received was wire fraud. Wire fraud is achieved through electronic trading and this is what classifies it as a computer crime. This crime is where the computer system is used as a way to commit the crime, not the goal of the crime itself (Easttom Taylor, 2011). The goal of wire fraud is to take advantage of a situation or someone in order to get money or something else that is valuableRead MoreEssay On Evaluation Of Note Taking897 Words   |  4 PagesDescription The purpose of the study is to determine if using the same method of note-taking and assessment has an impact on the performance of higher education students. This article is peer-reviewed and was published on January 2014 in the 7th Volume of the International Journal of Instruction. The researchers Matthew E. Barrett, Alexander B. Swan, Ani Mamikonian, Inna Ghajoyan, Olga Kramarova, and Dr. Robert J. Youmans were drawn to this idea due to the rising influence and use of technologyRead MoreThe Role of Nursing Informatics1246 Words   |  5 PagesInformatics The American Nurses Association delineates nursing informatics as a domain that encompasses the integration of nursing science, information science and computer science in order to communicate and manage information, data and knowledge within the nursing practice (Elkind, 2009). Elaborately, nursing informatics facilitates data integration and incorporates both information and knowledge in order to help support patients, nurses together with other healthcare providers during their decision-making

Rise of Photography in the World of Art Essay - 1431 Words

The rise of photography began in the early 1830’s in France, and wasn’t very popular as most artists preferred a paintbrush and canvas to a new contraption that wasn’t popular and wasn’t manufactured locally or globally yet and that was fairly expensive to try to produce, and since this time it has been debated if photography deserves its place in the art world. Through the late 1800’s and the early 1900’s it grew in popularity and throughout time photography went from being badly received to a new form of art though people around the world still debate if it is indeed â€Å"art†. Photography has a long history from the first camera obscura in the 18th century to the latest Nikon or Canon camera in the 21st century. Photography is traced†¦show more content†¦In the United States there was a less expensive and more durable portable camera for a photographer to use to take sitting portraits of families being developed. During this time many people were inventing products for cameras and for photographers who needed those products, so as each year went on the cameras had started to be better produced and more durable and less expensive with more training and education. Education was a huge part as well in the making of a camera, and the usage of a camera, people needed trained photographers so schools had started to have classes on photography. The first colour photograph2 was produced in 1861 by James Clark Maxwell, by using primary colours and using those to create a colour photograph during the editing process. This was a huge milestone in photography and instead of having a black and white photograph, we now were on the way to creating colour photography. It may not have been mass-produced until the later 1900’s but it was still a huge first step towards colour photography. The 1800’s were a huge part of the photography world and how it was invented and re-invented every few years, after its invention, and how it made its mark in the art and art historyShow MoreRelatedCover Art Research1844 Words   |  7 Pagestraditional art forms that have been around for millennia, other forms of art have produced millions of objects, and images by almost as many artists. Graphics arts, a relative new comer to the world of art is still in its infancy. With a history stretching back only 25 years, this paper begin w ith a brief history of this art form. In the First paragraph the paper expands on the history and highlights the advancements this style of art has seen over the last two decades. Cover art has made prominentRead MoreGarry Winogrand: The Godfather of Street Photography Essay1308 Words   |  6 Pagesconsideration of photography as art. This change in the way photography was approached was in large part to photographers such as Garry Winogrand, who turned photography into an art. Winogrand symbolized a new generation of photographers on the rise in the mid-1960s known as â€Å"street photographers.† While each photo is of simple, everyday life, they each contain an individual message and meaning much deeper than what was seen through the lens. His impact is still being felt in photography today and hasRead MoreEssay about Surrealism and Radically New Approach816 Words   |  4 Pagesa paragraph that describes the revolution in modern physics that took place in the early twentieth century. Modern physicists found, however, that at the physical extremes of nature-the microcosmic realm of atomic particles and the macrocosmic world of heavy astronomical bodies-the laws of Newton’s principia did not apply. German physicist, Albert Einstein, made public his special theory of relativity, a radically new approach to the new concepts of time, space, motion, and light. Building onRead MoreEssay about History of Photography1254 Words   |  6 PagesSince its inception, photography has been used to capture moments in time all around the world. This wonderful technology has existed since ancient times, and has only improved in recent history, changing society in the process. While we think of photography as a fairly modern invention, that is simply not true. In fact, there are documents on the underlying principle behind photography dating back to as early as the Fifth Century, B.C. The first recorded instance of a photographic image was foundRead MorePhotography Freed Art From Realism1135 Words   |  5 PagesSipsis Mr. Mustoe Art 12 December 2014 Photography freed Art from Realism The camera is an invention that has been around for five hundred years. Over those five hundred years, photography has helped drive advancements in society and art. The invention of photography has allowed western art to be freed from the controversial limitations of realism and has paved the way for extravagant changes in art by changing the way artists use and interpret the elements of art. Some art movements that haveRead MoreEssay on The Influence of Impressionism in Contemporary Art1058 Words   |  5 Pages Throughout the known history the artists have been striving to capture the world around them in an attempt to document the contemporary events and their surroundings or present their own or their client’s vision or an interpretation of a concept that would illustrate, describe or help visualize an idea. The description of the resulting art is often classifies the work as belonging to a specific style thus illustrating a set of common traits between the artifacts belonging to the same period. TwoRead MoreShould Photojournalism or Documentary Photography Be Considred Art?2290 Words   |  10 Pagesrevelation of new and important facts. (Heilbrunn Timeline of Art History.). Sid Grossman, a Photo League photographer expressed this sentiment, summarizing the role photography had on America in the 1940’s and 50’s. During this era, photojournalism climaxed, causing photographers to join the bandwagon or react against it. The question of whether photography can be ar t was settled a long time ago. Most major museums now have photography departments, and the photographs procure pretty hefty pricesRead MoreThe Objectification Of Women During The 20th Century1382 Words   |  6 Pages Objectifying is an adjective often put on the table in conversations about the depiction of women. The Objectification of women did not start with photography, but it certainly did not end with photography either. The progression of objectification was only blossoming in the 19th-20th century. At that time, most acknowledged photographers were men. Men were expected to live a public life, whether it was working in a factory or socializing with ‘likeminded’ men in public places, like parties orRead MoreDad Anti Everything Art1039 Words   |  5 PagesDada: Anti-everything Art World War I was the beginning and end of many things. Gone were the orderly lines of calvary men and soldiers preparing to charge on command, and in came the age of the machine. Technology advances in weaponry made killing even easier and the trenches of WWI became a blood bath. It is in this time of confusion and violence emerged an artistic and literary movement known as Dada. Dada found it s roots in Zurich, Switzerland at the beginning of 1916. According toRead MoreThe Bauhaus : Art Education By Influencing Graphic, Interior, And Typography Design1096 Words   |  5 PagesThe Bauhaus affected art education by influencing graphic, interior, and typography design. It is said that it inspired the rise of many other art schools. In this paper there will be specific information discussed to help each reader in understanding the history of the Bauhaus. Let’s start with a little bit of the back-story of the Bauhaus and its founder Walter Gropius. In 1919 the Bauhaus, a German word meaning house of building, was a school founded in Weimar, Germany by architect Walter

Financial institution Free Essays

Bridgecorp is a financial institution that operates in New Zealand and in Australia (McNabb). As a financial institution it is their responsibility to make sure that the investments of their respective investors will earn profit in a respectively manner. We all know that crises came along in every instance we face in our business. We will write a custom essay sample on Financial institution or any similar topic only for you Order Now With regards to the concern of Bridgecorp, we know that they have suffered from crises that have led to the collapse of their financial institution. As a business sector, it is expected that there will come a time that they will be facing such problems and with this they need to sacrifice a portion of what they have to make sure that the crises that will come along their way will not have any more conflicts with respect to their business. Yet on the first place, it should also be common to any business that they should look forward to possible problems lying along their way. In this manner they will have at least an idea to overcome such problems and to avoid further complications that these problems can bring to their business. With respect to Bridgecorp, we have been given the chance to know that they have been given a 3. 5 out of 5 rating y a certain agency which aims to give rating to financial institutions based upon their effectiveness as a business sector (Davies). Yet, what we did not have is the chance to know about the criteria from where the rating came. Having a rating of 3. 5 out of 5 means that Bridgecorp is a financial institution that gives a respectfully, good quality service to their clients and investors (Davies). This rating was given on February and should have an effectiveness that will last until November (Davies). But by the month of November we have know that Bridgecorp have been undergoing several operations in an attempt to save the institution to a near closure. We have known that by this time Bridgecorp has already been suffering from crises that have led them to a situation where they should sell their properties in order to regain something out of nothing they might have in case the institution will be closed in no time. As to the respectful agency who gave a 3. 5 out of 5 rating to Bridgecorp, they should have look further to the capability of Bridgecorp to operate in the long run. The agency should have also look at the present health of Bridgecorp as a financial institution. They should have seen if Bridgecorp still have the ability to their jobs well. As we have known, Bridgecorp came up to a point where they came up short upon the cash flow regarding the payment for their maturing term debenture stock deposits, interest on loans and the capital notes (McNabb). From such situation these shows that any financial institution who are coming up short regarding their payments have something wrong going on behind the scene. Having investors close to 18000 individuals and an investment being estimated to be $600 million these show that there are a lot of people who entrust their money to Bridgecorp (McNabb). And according to this information, a little shortage regarding the budget and funds of Bridgecorp will show a large amount of money and if it turned out to be a net loss then it only shows that Bridgecorp have lost a large amount of money. Once a financial institution have lost a great amount of money it will eventually turn out that they should have made such actions to have refund of what they have lost. They should make ways in where they can regain what they have lost. In such manner, the fund raising ability of the institution should double their work in an attempt to regain their lost and if possible to have a higher income. But, on the blind side that we have seen after the collapse of Bridgecorp, we have known that the fund researchers of Bridgecorp have been misinterpreting their duty (Cruickshank). The fund researchers of Bridgecorp turn out to be ineffective and show that they have not performed their duties very well which is very vital to the sensitive situation that Bridgecorp have undergone (Cruickshank). As their fund researchers fail to do their job, given that their financial institution is in a situation where they are being close to disclosure, Bridgecorp had lost the chance of having a great back up in terms of their shortage in their cash flows (Cruickshank). If only their fund researchers have been able to find such ways to support their shortage of funds and if possible if they have been able to manage an activity where they will earn extra profit that could help them have an additional income then it could have been a great help to the situation of the financial institution. Also according to surveys, it runs out that most of the investors are looking forward to the interests that the financial institution is giving rather than the reputation that the financial institution has (Benett). It turned out that it doesn’t matter whether the financial institution can give the investors a high rate security regarding their investments. Investors on their views at their investments to be a sure-earning investment and it should have a profit in every time that it has been handled by the financial institution (Benett). In effect to Bridgecorp it turns out that in order to have more investors then they should give higher interests upon the investments being handled to them. It could have been great if only Bridgecorp have been able to manage the investments properly. According to a source, Bridgecorp has not been able to lend the investments to other investors in order to earn profits. This is opposite to the point of view of Bridgecorp’s investors. Bridgecorp’s investors were confident that their investments were earning profit as it was being lent to other investors. With such lack in action like this, Bridgecorp have lost another way of earning profit from the investments of their investors and at the same time they should still pay the interest they should give to the investments they are handling. Thus, it means that instead they should have been earning from the investments they are handling then these investments have lured them closer to disclosure. As an action to then upcoming collapse of Bridgecorp, their management had come up to the point where they have decided to sell Bridgecorp’s properties. In doing so, they think that they can have an income from the sell profit of the financial institution rather than losing more as they were trying to revive their financial institution. As they were trying to revive their financial institution they have found out that instead of having profits from their actions and activities reviving the institution they are on the other hand losing more as their investors are pulling out their investments from Bridgecorp leaving them less capital to revive their financial institution. At the act of selling the financial institution, Bridgecorp have been able to use the previous rating that they have earned from a certain company (Ryan). They have been able to use the high rating they have earned in order to have a higher price offer to Bridgecorp as it was being sold. Yet, the rating is not the only factor to be considered if the management of Bridgecorp wants to sell their financial institution at a higher price. Advertisements and other factors like the reputation of the institution have played a very vital role in the essence of giving Bridgecorp a higher value (Ryan). Being the only way they have by then, Bridgecorp’s management have agreed that they should no longer try to revive their financial institution but it is rather an advantage for them if they will sell its properties because buy selling the properties of Bridgecorp they will still have a chance to at least earn rather than continue losing their assets as they try to find ways to revive the institution. In such manner, the collapse of Bridgecorp has happened. It started from the lack of focus on the duties of the management until they have realized that it was too late to revive the financial institution they once have. From the misinterpretations of duties to lack of efforts towards their duties came up the shortage to their cash flow which eventually leads to more complications and more net lost. If only they have given an immediate and proper action to then not yet full blown crises that the institution has suffered then it would have been possible that Bridgecorp has not yet collapsed and on the other hand could have been a financial institution with a stronger foundation. . References: McNabb, Denise. (2007, July 4. ). BRIDGECORP: Signs of a Troubled Company: The Independent Financial Review, p. 4. Benett, Adam. (2007, August 21). Do your homework, investors warned. The New Zealand Herald, NEWSTALK ZB. Davies, Anthony. (2007, July 5). Bridgecorp collapse highlights role of ratings vs rankings. Retrieved Sept. 3, 2007. Ryan, Peter (2007) Ratings agencies criticized after Bridgecorp collapse Cruickshank, Richard (2007, August 8). The important role of research – is it being misunderstood? Retrieved Sept. 3, 2007, from Seekingmedia. com. au http://www. seekingmedia. com. au/news. php? newsid=133PHPSESSID=5107571974ff403aafc27f779f500b64 How to cite Financial institution, Papers

Inventories Of Government Accounts Samples †MyAssignmenthelp.com

Question: Discuss about the Inventories Of Government Accounts. Answer: Introduction The topic deals with the inventories on the consumption basis of the government accounts. The consumption method under the generally acceptedaccounting Principles (GAAP) recognizes the assets when they are purchased and the expenses when they are consumed. The discussion has two parts the first part deals with balancing of the stock in hand in the year-end with the fund balance and in the second part consists of the method of disclosure debts services and the capital projects un the government wise statements. The reason why the accountants consider the year end inventories with the fund balance as non spendable when no comparable fund balance is required for cash, tax receivables or any other asset. The fund balance refers to the difference in the liability and the assets. It is positive when the assets are more and negative when the liabilities are more. Some parts of fund balance are reserved and the rest are unreserved. Whereas year- end inventory represents the balance of the stock in hand along with the difference of cost of goods sold and manufactured. The non-spendable is the fund balance of the recorded asset at the time of its purchase. The fund balance in many ways represents the working capital of the business. It can either be used as liquidity reserve or can be kept for future spending (Stewart, Hildreth Antwi-Boasiako, 2015) Balancing the inventory balance in end of the year with the fund balance, there will be a better understanding of the true fund balance. However, the non-spendable has to deal with a problem for representing the amount that cannot be set because of their current form that is the inventories and prepaid amounts; they are required to be maintained legally or contractually. The technique of accounting that the government should follow to report their capital projects and debt service activities in their government-wide statements. The Capital project contains the funds that report the contractually required financial resources that are for acquisition of capital assets. The total cost of capital project is accumulated in the single expenditure account and keeps on accumulating until the project is completed. These are short term in nature thus focusing specific projects. Debt service on the other hand are a part of the capital project that reports the expenditure for principal and interest on all general long term debts. Both debts services and capital projects must follow the modified accrual based accounting process except, in case of debt service principal and interest are not considered in the current liabilities until the period in which they are to be paid, although the interest revenue is held as accrued investments on bonds. The budgetary control over capital and debt projects is necessary in government accounting. This disclosure of these activities in the government-wide statement prevents over exhaustion of funds and the occurrence of unauthorized expenditures. The process will not influence the financial budget of the year, as the debt service fund and the capital project fund do not have any effect on the year-end statements. The budgets are prepared separately, without considering these funds. As long as the combined funds are included in the government funds, the debt service activities and the capital projects should be reported in the government- wide statements. For this, the expenses and revenues are to be recognized by the accrual concept (Ofoegbu, 2014). The method should report the long debt and long-term assets in net assets side of the government wide statements along with interest expenses reporting on activities. The general government fund financial statement should modify the full accrual method. In case of accrual basis, the inflow and outflow of economic resources, both long term and short-term assets and liabilities are contained. Whereas in modified accrual report that the government fund financial statement should follow must have a short run perspective. This is because the government fund assets are expected to be liquidated within a financial year and the liabilities are to be satisfied with the current resources only. Conclusion According to the discussion in the first part, in order to evaluate a true and fair fund balance it is necessary to balance it with the year-end inventory. The second part that discusses the method of disclosure of debt services and capital projects in the government wide statements, points out that accrual method should be followed in the process. References Ofoegbu, G. N. (2014). New Public Management and AccrualAccounting Basis for Transparency and Accountability in the Nigerian Public Sector.IOSR Journal of Business and Management,16(7), 104-113. Stewart, L. M., Hildreth, R. W., Antwi-Boasiako, K. B. (2015). The fund balance conundrum: An ethical perspective.Administration Society,47(8), 915-942.