Because cash plays such a vital role in the ongoing financial health of small businesses, some companies take specific actions to ensure they have access to cash when needed. To do this, these ...

Internal Control Basics The objective of establishing internal controls in a restaurant is to increase the actual and perceived likelihood that fraud or theft will be uncovered and duly acted upon ...

Inventory consists of products or goods in excess of what is needed or used at the moment. Both retailers and manufacturers stock inventory to prevent disruptions in production and sales.

2. Label the first column "Date." Label the second column "Journal Entry." Label the third column "Debit Amount." Label the fourth column "Credit Amount." 3. Fill out the general ledger with each ...

The TM symbol stands for “trademark,” which is a symbol, word or phrase that legally represents a company or product. When creating a website for a company owned by yourself or a client that possesses ...

Reduced Profits The most direct financial effect of shoplifting is that it eats away at your revenue and profits. Each item lost to a shoplifter cost money for your store to buy, but you get no ...

2. Click the “Edit Settings” link located next to the How you Connect section. 3. Click the drop-down options next to all available questions, such as who can find your profile by name, by ...

Market Tracking Statistics are applied in market tracking to measure customer satisfaction, brand loyalty and support, and to assess the relationship of the marketer’s company with its customers ...

Virtual Ability Teaming provides a further benefit in the digital world. A team no longer needs to be located in one specific location to reap the benefits of working together. Group phone calls ...

Establishing Prosecutorial Procedures Every corporate governance document should have a prescribed method of resolving conflicts or accusations of wrongdoing. This includes rules about asking for ...

Take a Look One of the easiest ways to determine what kind of battery you have is to turn off and unplug your laptop and then remove the battery to look at it. Most batteries will have a set of ...

The method used to round numbers in accounting may portray an accurate or inaccurate appraisal of a company’s financial condition. The amount of error increases ...