Chapter 1The Information System: An Accountants Perspective
Information is a business resource.
An information system is an example of a natural system.
Transaction processing systems convert non-financial transactions in
monitoring the system for signs of trouble
logging all system failures
diagnosing the problem
applying corrective action.
Performance and Workload
Chapters in This Part
The Role of Managerial Finance
The Financial Market Environment
INTEGRATIVE CASE 1 Merit Enterprise Corp.
art 1 of Principles of Managerial Finance discusses the role that financial
Chapter 2Introduction to Transaction Processing
Processing more transactions at a lower unit cost makes batch processing more efficient than
The process of acquiring raw materials is part of the conversion cycle.
D. Obligation of Partners to One Another
1. Promised Contribution
Art. 1786- Every partner is a debtor of the partnership for whatever he may have promised to
contribute thereto. He shall also be bound for warranty in case of eviction with regar
Pamantasan ng Lungsod ng Maynila
College of Accountancy and Finance
Department of Accountancy
September 02, 2015
As part of the subject requirements for our Assurance Principles, Professional Ethics and Good
The history of human activity in Korea can be
traced far into the Paleolithic period, about
500,000 years ago. The beginning of Korean
history is often dated to 2333 B.C. when King
Tan-gun, a legendary figure born of the son of