12th-Various Types of common business explosure

Excessive costs 
*Excessive costs reduce profit. Every expenditure made by organization is potentially excessive.

Deficient revenue
*Deficient revenue reduce profit. Bad debt expenses  on credit sales may be excessive.

Loss of assets
*Assets may lost due to theft, acts of violence, or natural disaster. Organization has custody of large quantity of assets, all which are subject lost.

Inaccurate accounting
*Accounting policies & procedure may be error prone or inappropriate, or significantly different from those that are considered to be generally acceptable.

Business interruption 
*Business interruption may consist of a temporary suspension of operations or ultimately the termination of operation & end of organization.

Statutory sanctions
*Any penalties may arise from judicial or regulatory authorities who have jurisdiction over the organization.

Competitive disadvantage
*Competitive disadvantage is the inability of organization to remain viable in the marketplace. 

Fraud & Embezzlement 
*fraud is intentional pervension of truth in order to induce another to part with some value or to surrender a legal right.

11th- MID SEM EXAMINATION IS AROUND THE CORNER

Mid sem Examination is around the Corner of ours.
we are starting to study for the subject we'll take the exam.
The timetable is as below:


10/01/2012 (TUESDAY) 12.30PM-2.30PM is for DAC0163~ Accounting Information System


13/01/2012(FRIDAY) 9.00AM-11AM is for DAC0103~ Taxation I


14/01/2012(SATURDAY) 12.30PM-2.30PM is for DAC0033~Financial Statement Analysis


14/01/2012(SATURDAY) 4.00PM-6.00PM is for DAC0023~Financial Management


15/01/2012 (SUNDAY) 4.00PM-6.00PM is for DAC0073~ Financial Accounting IV


Mid Exam to go, and I'm not ready. Because it is too fast, and I am a little scared! Becausethere are several subjects I am not very confident.
But no matter how good, I will try to do the exam well.

10th POST- DIFFERENTIATE THE UBS TERMS

DIFFERENTIATE THE UBS TERMS BELOW:


a) Period VS Accounting period


Period is a interval time of the UBS.


Accounting period is the time period reflected by a set of financial statements. Usually, the accounting period is either the calendar year or a quarter. For example, publicly-trade companies must report their financial state for the accounting period since their previous report that have in UBS system.

b) Add Entry VS Quick Entry


Add Entry just one side of Entry, there have to complete the other side. click save, then click on accept to complete the transaction.


Quick Entry is have double entry, user have to use the master account to do the transaction and the system will generate the other side automatically. All you need to do is nominate a Master account. 



c) Clear Files/ Generate Sample Chart VS Delete unwanted transactions


 Clear Files/ Generate Sample Chart is clear all the transaction, accounts numbers and batch titles of the data folder will be deleted.


Delete unwanted transactions is just delete unwanted transactions, such as, the debtor account we are want to delete, we can put the symbols(********) and the go to housekepping, choice Delete unwanted transactions to delete the particular unwanted Files.


d) Edit VS V.Edit


Edit function can help Users to modify Transactions one by one.


V.Edit function can help users  to modify transactions faster  and easier. When users  click on V.Edit button, the  screen will display the  transactions that  shown  on the  transaction viewer (at lower part  of the  page) to allow users  to do modification.

9th POST- WHAT MAKES A GOOD COMMERCE SERVER

COMMERCE SERVES ARE SPECIALIZED TYPES OF WEB SERVES WITH VARIOUS COMMERCE-RELATED FEATURES.

1. SUPPORT FOR THE SECURE ELECTRONIC TRANSACTION (SET)PROTOCOL
2. SUPPORT FOR SPECIALIZED TYPES OF CLIENT AND SERVER AUTHENTICATION
3. SUPPORT FOR INTERFACING WITH "EXTERNAL" PROGRAMS
4. ENHANCED SECURITY FEATURES
5. ONLINE CREDIT CARD OR BANK VERIFICATION