StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Communications Infrastructure - Personal Statement Example

Cite this document
Summary
In the paper “Communications Infrastructure” the author analyzes communication, which is crucial for teams. Therefore, he would want backup plans for communications infrastructure. Team members usually communicate via home computers. Teams will meet on campus…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98.2% of users find it useful
Communications Infrastructure
Read Text Preview

Extract of sample "Communications Infrastructure"

In case the ISP or the power supply is down, teams will meet on campus instead. Q3. The last time I tested my backup plans was one week back since I usually do the backup weekly.Q4. I could use financial ratios such as liquidity ratios, profitability ratios, solvency ratios, and capital gearing ratios (Wood, 1993). In this way, firms of different sizes could be compared on an equal footing. For example, the COGS of firm A may be greater than that of firm B. But its sales may be higher too.Q5. I would calculate the financial ratios of the firms to be compared over the three years to be compared.Q6. The dates on financial statements are important because they indicate the period in which profits or losses accrue and cash flows occur, as well as the financial status of the company as at a date.Q7. The income statement presents the incomes or revenues and expenses or costs of the firm incurred during a period, regardless of paid or not, to arrive at the profit or loss.

On the other hand, the cash flow statement of the firm presents the revenues or costs received or paid during a period, regardless of incurred or not, to arrive at the cash outflow or cash inflow. The balance sheet captures the financial snapshot of the firm at a particular point in time. The profit or loss on the income statement enters the retained earnings account, which is under shareholder's equity in the balance sheet. The cash inflow or cash outflow from the cash flow statement is added to or subtracted from the beginning cash balance to arrive at the ending cash balance, which is under current assets in the balance sheet.Q5. Accounting information is used by many stakeholders of a firm, including shareholders, creditors, managers, and the government for various purposes such as investing, borrowing, decision-making, and compliance.

Accounting is the "language of business" because accounting provides a common set of information used and understood by all stakeholders (Introduction to Accounting, n.d.).Q7. Generally Accepted Accounting Principles (GAAP) are "rules, guidance, and concepts for accounting practices and the content of financial statements. [] GAAP covers the recognition, measurement, reporting, and disclosure of accounting items. [] U.S. GAAP derives from the Statements of Financial Accounting Standards of the Financial Accounting Standards Board, and the pronouncements and interpretations of professional bodies like the American Institute of Certified Public Accountants, as well as from law, industry practice, and academic literature.

" (O'Regan, 2004) The American Institute of Certified Public Accountants (AICPA) designated the Federal Accounting Standards Advisory Board (FASAB) to develop and issue GAAP (Generally Accepted Accounting Principles, n.d.). The purpose of GAAP is to provide a set of accounting and reporting guidance so that there is consistency in the financial statements prepared by firms for which GAAP is applicable. Q7a. Adjusting entries are necessary because the revenues received and the expenses paid might not necessarily have been incurred.

On the other hand, revenues and expenses incurred might not necessarily have been received or paid. Q9. The first step is to identify revenues and expenses incurred but not received or paid and accrue for them. The second step is to identify revenues received and expenses paid but not incurred and charge them to the prepaid expense or deferred revenue accounts.Q15. The purpose of closing entries for the expense and revenue accounts is to transfer the expenses and revenues incurred for the period to the profit and loss account.

The purpose of closing entries for the asset and liability accounts is to calculate the balance of such accounts as at the closing date.Q16. The purpose of the post-closing trial balance is to check that all items recorded in all the accounts on the debit side should equal in total all the items recorded on the credit side of the accounts (Woods, 1993). The information for the post-closing trial balance comes from the closing balances in the books.PART McDonald's was established in 1965 (The McDonald's History - 1965 to 1973, n.d.) and Burger King was established in 1971 (Company Info, n.d.).

 

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Communications Infrastructure Personal Statement Example | Topics and Well Written Essays - 750 words, n.d.)
Communications Infrastructure Personal Statement Example | Topics and Well Written Essays - 750 words. https://studentshare.org/sociology/1534871-discussion-questions-essay
(Communications Infrastructure Personal Statement Example | Topics and Well Written Essays - 750 Words)
Communications Infrastructure Personal Statement Example | Topics and Well Written Essays - 750 Words. https://studentshare.org/sociology/1534871-discussion-questions-essay.
“Communications Infrastructure Personal Statement Example | Topics and Well Written Essays - 750 Words”. https://studentshare.org/sociology/1534871-discussion-questions-essay.
  • Cited: 0 times

CHECK THESE SAMPLES OF Communications Infrastructure

What four steps are necessary for an employer to comply with state & federal laws

9) Employers usually claim that since they own the Communications Infrastructure in the company, they can decide policies regarding its use.... And, in the Information and communications Technology (ICT) age, electronic communication between employees has thrown open many new ways of information leakage.... And, in the Information and communications Technology (ICT) age, electronic communication between employees has thrown open many new ways of information leakage....
2 Pages (500 words) Essay

Is Policy Modeling an Art or a Science

Name: Instructor: Course: Date: Is Policy Modeling An Art Or Science Policy modeling is a research that deals with analyzing and solving of global policy issues.... This paper explains more on how policy modeling is categorized.... People can confuse policy modeling and categorize is as either Science or art....
2 Pages (500 words) Essay

Change Management Paper

Environmental Changes That Drove Culture Change at Home Depot Advances in technology provide management with tools that has significantly improved internal Communications Infrastructure.... Change Management 4: Home Depot Name Tutor Institution Subject Code Introduction Home Depot is a retail business dealing in fast moving consumer goods....
3 Pages (750 words) Essay

LEsson VII

hellip; One of the main the responsibilities of the IS department in the organization is to provide the organization with ICT infrastructure such as hardware and software components, as well as the networking and Communications Infrastructure.... To achieve this, it is important to understand the return on the investment of the ICT infrastructure.... Another responsibility of the IS department is to ensure the functionality of the infrastructure....
3 Pages (750 words) Research Paper

British Telecom and Order Quantity Method

The way the WRL works is that BT owns the Communications Infrastructure.... OFCOM rules have forced BT to open this Communications Infrastructure to low-cost rivals by renting them access at wholesale prices.... The way that BT is combating these regulatory constraints, and an environment that helps their competitors, is by offering a wider variety of services that include broadband and mobile communications....
8 Pages (2000 words) Assignment

What Would You Ask the President of Your Country

I would suggest developments in Communications Infrastructure that provides all businesses, large and small, with speedy access to data and markets.... If I had the chance, I would ask President Basescu, “Why don't we spend more money and energy improving our educational system and physical infrastructure in a sustainable manner?... Another item of concern I would address with President Basescu is the improving of our nation's infrastructure....
2 Pages (500 words) Admission/Application Essay

Technology Recommendation to Improve Technical and Sales Services of FOGBUSTERS Inc

With that said, it is a matter of prudence for FOGBUSTERS Inc to use modern Communications Infrastructure to make sure that it reaches to many clients in the world.... Most businesses have developed their technological infrastructure thus greatly easing the way of doing business (Grey, 2005).... A well-developed internet, communications, and technology makes doing business across borders easy.... For instance, the company should adopt the use of high-speed global communications to facilitate advertisement of its products....
2 Pages (500 words) Essay

Introduction to National Response Framework

There was complete destruction of Communications Infrastructure, which left the agencies without any reliable communication network for coordinating operations geared towards emergency response.... There was complete communication infrastructure breakdown, which completely jeopardized the efforts of local emergency response agencies.... In the event of a national disaster, communications lines and networks are usually destroyed to an extent that communication between disaster response agencies… For example, during Hurricane Katrina, numerous state as well as local public safety agencies were devastated with their facilities and equipment suffering massive destruction....
1 Pages (250 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us