Flexible spending account

to financial reporting for uncollectible accounts? Management’s objective was to find alternatives to better manage the way credit card charges were collected. The new system that was being used allowed the company to charge off customers’ accounts that neglected to make a payment within eight billing cycles. The intention of the new system was to assist the company in better managing their collection efforts giving them the ability to identify accounts that could or would become delinquent…

In 1990, Oxfam – Quebic in Cambodia had a micro loan project to provide small and medium loan to the people in rural areas. Vast loan growing in amount and number of borrowers forced the project commenced as private company in 1995. In 1999, the company had the loan outstanding about 20 million USD, 65,000 customers, 10 branches and 150 employees. The main product of the company was providing loan and collecting saving. The vision of the company was to be a first micro finance institution that…

the importance of relevant work experience that undergraduate students need to possess in order to compete with other applicants. She recommended taking internships and entry level jobs that involve duties such as book-keeping, controlling account payable or account receivable and bank reconciliation. Although the work may be tedious and repetitive, it will expose students to more aspects of the industry and the experience received will become valuable in the future when applying for more…

The company tried to maintain premium prices for most of the eight years. Customers expect prices to fall within a reasonable range. With that being said, the market price for Able and Abby for the first four years was $35.00 and $45.00. Before discontinuation, in year five, Ace was priced at $35.00 while the price for Able and Abby was lowered to $34.00 and $43.00 to create more sales (Capsim.com, n.d). However, at this point the company did not want to drop the prices lower because we were…

bank current account, this financial transaction has been finished: the consumer’s assets will decrease and current account balance will go up. Because during the process current account is the debit, and customer’s asset is the credit. In general, the higher the interest rates, the more profits customers can get. While according to recent trends, it can be estimated by experts that saving account interest rates should increase, but clients won’t get rich, although this kind of account have…

Thai Flavours which is owned by Aroon Sakad, earns most of its income from selling spices and dinner wear on credit to either other retailers or restaurants. Thai Flavours is registered for the GST on the invoice basis, which means the GST is required to be paid in the same period as the invoice was issued, rather than when the payment has been received or made. Aarons goals for Thai Flavours are to make a profit and to have a positive cash flow so they will be able to pay off all outstanding…

4.3.1.4 Use case combining both the Actors and subsystem: Below Figure 4.3 shows the Use case diagram of actor’s customer and cashier and the subsystem checkout trolley combined together. Key point to be noted from the Figure 3.4 are: • The use case “Get the checkout trolley”, must perform the use cases of the subsystem Checkout Trolley. • The use case “Pay bill” of customer and handle payment use case of the Cashier must perform the use cases, Cash payment and Card payment. • Similarly scan…

PlexCorps claimed that investments in PlexCoin Tokens would return a 1,354 percent profit in less than 29 days (SEC vs PlexCorps 2). LaCroix spent $200,000 of revenue on excessive personal expenditures. PlexCorps is currently holding $810,000 in three accounts to which Lacroix and his associates will soon gain access (SEC vs. PlexCorps 5). The SEC, specifically the Cyber Unit, is a stakeholder. The SEC Cyber Unit attacks organizations that potentially sell fraudulent online securities. The SEC…

November, 26, 2016 An automated ticket issuing system sells rail tickets. Users select their destination and input a credit card and a personal identification number. The rail ticket is issued and their account charged with its cost. When the user presses the start button, a menu display of potential destinations is activated along with a message to the user to select a destination. Once a destination has been…

49) The FO representative will record the following information on the card issuance and tracking form: card issue date, card issue time, and whom it was issued by. This file will be distributed via email to all in Disbursing to keep track of the information. 10) The FO representative will use the issuance checklist provided to verify that all steps have been completed. (Attachment 4 in the Family Support Travel Advance Debit Card Finance Office SOP). 11) The FO representative digitally scans…