1.7 Hypothesis Statement On Consumer Consumption

1.7 Hypothesis Statement On Consumer Consumption
1.7 HYPOTHESIS STATEMENT According to Uma Sekaran (2003), a theory can be specified as a logical conjectured relationship between two or
more variables expressed in the course of a testable assertion.
This work applies the null and alternate hypothesis format. The null statements stand for no significant relationship, whereas alternately expressed as
significant relationship. Hypothesis for this research as follows:
Hypothesis 1
H0: There is no significant relationship between income and saving.
H1: There is significant relationship between income and saving.
Hypothesis 2
H0: There is no significant relationship between rate of return and saving.
H1: There is significant relationship between rate of return and saving.
Hypothesis 3
H0: There is no ... Show more content on Helpwriting.net ...
The data supplied by the researcher could help the foundation to remain concerned about the economic conditions affecting the inflation rate and rate of
return. 1.9.3 Consumer This report also gives some information to the consumer. As we already know, saving is important for future use. We did not
know what will take place in the future, so saving is quite important matters that should be concerned specially by consumer. This research will give
some information to the consumer about what element that really influences their saving behavior.
1.9.4 Future Researcher This research also can pass info to another researcher who wants to conduct research regarding this area of interest and
likewise for other researcher whom want to foster this research in the future. This study can turn over some information and statistics regarding saving
behavior in Malaysia.
1.10 DEFINITION OF TERM
i. Determinant – Factor or element that limits or defines a decision or circumstance.
ii. Saving – Portion of disposable income not spent on consumption of consumer
... Get more on HelpWriting.net ...

The Netherlands Has A Well Developed Financial System
"The Netherlands has a well–developed financial system that is largely focused on global financial markets and trends. It is centred largely around
Amsterdam, which hosts some of the most notable global banks of Dutch origin, among them ING Group, Rabobank and ABN AMRO, and large
international banks. In addition, we host a broad range of private equity investors and venture capital funds, as well as trust fund managers"
(hollandtradeandinvest.com, n.d.). The primary focus of this Module 2 Session–Long–Project (SLP) is to respond to certain queries concerning the
financial stability within the Netherlands. Consequently, this essay will initially elaborate upon certain aspects concerning the currency of this country.
Along with, ... Show more content on Helpwriting.net ...
Nevertheless, we will further develop this essay by analyzing the banking system of the Netherlands.
Banking System "The banking system of the Netherlands includes the central bank as a major financial institution in the country and numerous
commercial, mortgage, savings and other banks" (banknetherlands.com, n.d.). The earliest form of a recorded banking system within the Netherlands
commenced in 1814 with the launch of the Bank of the Netherlands, translation for De Nederlandsche Bank (DNB). This bank's headquarters is located
in the city of Amsterdam. The primary function of this bank is to establish both the fiscal and operational supervision of the other accredited registered
financial institutions within the country (banknetherlands.com, n.d.). ABN AMRO a bank that was mentioned earlier in this paper is one of the
Netherland's more prodigious banks. With respect to total assets ABN AMRO, "ranks eighth in Europe and the thirteenth in the world. The Bank has
4500 branches in 53 countries and employs more than 105 thousand people. The bank's total assets amounted to EUR 1,120,100,000"
(banknetherlands.com, n.d.). Now, this essay will concern itself with the safety of this nation's banking institutions.
Andrew Henderson an author with the Nomad Capitalist website indicated that the Netherlands came in

Ch 19 Mini Case
Mike Stephan is a first–year staff auditor at Willis and Adams. Mike recently graduated with his undergraduate degree in accounting and was excited
about his new job at Willis and Adams. Mike came from a smaller school that typically does not get a lot of attention from campus recruiters. Mike was
pleased to get an interview and then an offer from Willis and Adams. From the beginning, Mike was impressed with the firm's culture and he felt that it
would be a great fit for him professionally. Throughout his junior year, he worked hard to reach out to the firm's recruiters to demonstrate a sincere
interest in the firm. In the end, Mike was one of only two students that Willis and Adams hired from his school. Mike believed that his school's ... Show
more content on Helpwriting.net ...
After Mike explained the situation, Alex was silent for a long time and then finally said:
"Look, we are just going to have to eat that lost time. I just got done speaking with Dianne and she is adamant about finishing this audit under budget.
Dianne is up for promotion to senior manager and I'm sure she doesn't want an over–budget audit right before the partners meet to decide her
promotion. Don't worry about it, Mike. Stuff happens and it was partly the client's fault anyway. Just take as long as you need to finish the planned
procedures and then put down six hours on the work schedule."
From what Alex said, it seemed that Dianne Morris, the manager on this audit, was the one who was applying the pressure on Alex to keep the audit
under budget. But eating time just didn't feel right. Mike hesitated and then said, "I don't know Alex. Don't you think we'd better just mark down the
actual hours?"
Alex sighed deeply and said:
"Mike I know you are new, but this stuff happens all the time. Think of it as spending a couple extra hours on personal development. In recent planning
meetings, the partners have really been stressing the importance of not letting jobs get out of control. An over–budget audit won't look good for any of
us right before performance evaluations. Look Mike, I promise eating time is no big deal–people do it all the time. You want a good performance eval,
don't you? Let's just dig in and

Type of Bank Accounts
Survey of Various types of Bank Accounts, rate of interest offered
Mr. Pinto (name changed on request) of Axis Bank Limited of Nerul Branch was very co–operative when I visited their branch and introduced myself
as a 10th Std. student of Ryan International School, Nerul and inform my purpose of visit of carrying out a survey on various types of bank accounts
available and commonly used in India.
He offered me a place to sit and called for water and request to give him some time to complete his urgent in–hand work. Since the day was Saturday
hence visibly the no. of public was less. After half an hour, he turned up, excuse for keep me waiting and then first go thru the paper containing Project
Topics. After going thru the entire paper he ... Show more content on Helpwriting.net ...
The account has an average quarterly balance of Rs. 2500/– for branches in Urban / Metro / Semi Urban areas and average quarterly balance will be Rs.
1000/– for branches in Rural areas.
The Average Quarterly Balance shall be NIL if a Fixed Deposit of Rs 25,000/– or Recurring Deposit of Rs. 2000/– per month is maintained. The fixed
deposit should be for a minimum period of 6 months and the recurring deposit should be for a minimum period of 12 months.
Free personalized cheque book.
For Children below the age of 12 years, the account is to be operated by the guardian on behalf of the minor. Free ATM Card with a daily withdrawal
limit of Rs 1500/– will be issued in the name of the guardian.
Visa Classic Debit Card for children above the age of 12 years will be offered at Issuance Fee of Rs. 95/– and with annual fee of Rs. 100/–.
The child of age 12 years and above can also opt for an Image debit card with his / her own attractive picture or any other photo they choose.
Automated Facility for transferring funds to the child?s account from the parent?s account on a monthly basis.
Free Internet banking facility : The idea is to make the child internet savvy and expose them to the online banking environment.
Online forums with interactive tutorials and games about money.
Free SMS Banking.
Free monthly e–statements / Quarterly

Advantages Of Axis Bank Recurring Deposit
Recurring Deposit:
A Recurring Deposit (RD) is a special type of deposit that works similar to a Fixed Deposit (FD) in which monthly or quarterly deposits are made that
is fixed for a specific period of time. This is a great way of saving a considerable amount of money for people who do not have a big chunk of money at
their disposal to invest in FD or in other types of investment plans.
A good example of an RD explains it clearly – Ramu wants to invest a sum of Rs. 50,000 in a FD but he does not have the whole amount in–hand at the
moment. In this situation, Ramu decides to opt for a RD and deposit a sum of Rs. 5,000 every month for 10 months. This way he can successfully save
Rs. 50,000 and even get interest on it. RD was designed to benefit the middle–class and lower section of the society who usually cannot invest in FD. It
gives them an opportunity to build good savings for future needs.
Axis Bank Recurring Deposit:
Axis Bank recurring deposit scheme comes with its several advantages. Individuals can invest a minimum monthly sum of Rs. 500 and more in the
multiples of Rs. 500. There is no maximum limit on RD with Axis Bank. The minimum tenure for Axis Bank RD is 6 months whereas the maximum
tenure is 10 years. The total deposit amount inclusive of monthly payments and interest depends on the amount of ... Show more content on
Helpwriting.net ...
After logging in, they have to click on the 'Create Recurring Account' option. This is an instant account creation service so you have to be careful. In
this option, you have to fill in all the required information such as amount, tenure, and nominee details. After confirming, the account will be created at
once and the amount will be deducted from your savings/current account. A Fixed Deposit Advice will be emailed to your registered email address.
Individuals, who do not have a registered email ID, will get a physical Fixed Deposit Advice by

Bank of Baroda Account Opening Form for Individuals
Bank of Baroda
ACCOUNT OPENING FORM FOR INDIVIDUALS
Branch:
Account No.
F. No.–401
Y Y Y
_________________________________________________
Date:
Branch ALPHA
D
D
M
M
Y
Scheme Code
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
I/We request you to open my/our deposit account with your branch/bank as under: (Tick (√) relevant type of account)
Type of Account Scheme Name Type of Account Scheme Name Savings Bank A/c Term Deposit A/c Current A/c Other A/c FULL NAME, in
CAPITAL Letters (In the order of first, middle and last name, leaving a space between words)
M/F
1
2 3
Date of Birth (dd/mm/yyyy) PAN (if not available, please attach Form 60/61) ... Show more content on Helpwriting.net ...
[ ] I/We wish to be informed about the various features/ products and promotional offers made by the Bank from time to time. [ ] Please do not call/
contact me/us for various features/ products and promotional offers made by the Bank from time to time. Please issue Multi–city / Normal cheque book
and recover charges from my/our account as per norms of the bank (Give Option) Account will be operated and balance along with interest payable as
per operational instructions given above. I shall represent the said minor in all future transactions of any description in the above account until the said
minor attains majority. I will indemnify the Bank against the claim of the above minor of any withdrawal/transactions made by me in his/her account. I
/ We understand that in the event of the death of the depositor(s), premature termination of term deposit would be allowed without any penal charges to
the claimant(s) after following the due procedure. I / We also agree to maintain the minimum / quarterly average balance which the Bank may prescribe
as the minimum / quarterly average balance to be maintained to avail the facilities and agree to pay the charges if minimum / quarterly average balance
is not maintained and any other

The Two Main Functions Of MCB Bank
3.1 Functions of MCB
Basically there are two basic categories of functions of MCB Bank, which are as follows:
1. Principal Function
2. Auxiliary
3.1.1 Principal Function:
The principal functions are basically the core functions of the bank that is the lifeblood of bank, which are:
1. Acceptance of Deposits
2. Financing
3.1.2 Deposits:
There are basically two types of deposits and their nature varies due to time factor, which are:
1. Demand Deposits
2. Time Deposits
3.1.3 Demand Deposits:
The demand deposits have no legal restriction on drawing of the deposited amount and the cash is readily available on demand without any conditions.
Demand deposits are further classified into categories:
1. Current Deposits
2. Saving Deposits
3.1.4 Current Deposits:
The current ... Show more content on Helpwriting.net ...
3.2.3 Collection of Dividends:
The bank provides a very useful service in the collection of dividends or interest earned on stocks and shares held by his customers. The customer is
simply to inform the issuer of the securities that the interest on the securities is to be credited to his account in the bank.
3.2.4 Purchase and Sale of Securities:
MCB is authorized by the customer, purchase or sale securities on his behalf and thus adds other benefits to his portfolio.
3.2.5 Transfer of Funds:
MCB also transfer funds of the customers from one bank to another bank. If the transfer is at one station, they don't charge any commission and even if
they charge, they charge on reduce rates.
3.3 Principles of Performance
3.3.1 Customer Focus
Over the years MCB has developed strong relationships with its customers by understanding their needs and treating them with respect, dignity and
importance. The driving force behind its commitment and services is its focus on customers, ensuring that it not only meets, but exceeds their

Function Of Bank: Basic And Secondary Functions Of A Bank
1.4 Functions of the Bank
In modern time, the functions of a modern bank are manifold. The functions of a bank may broadly be divided into two parts.
Basic or primary functions.
Secondary functions. (Source : http://www.business–science–articles.com/articles/business/76–functions–of–banks)
1.4.1 Primary Functions Of Bank
Basic or primary functions of a bank are very important in nature. These functions provide base to the whole operation of the bank. The basic functions
of a bank are as follows :
1. Accepting deposits: Accepting deposits is the most important function of all commercial banks. Deposit is the basis of commercial banks' activities.
In order to attract the general public to deposit their surplus money in the bank, the bank offers to deposit money in any of the following accounts:
Current or Demand Account: ... Show more content on Helpwriting.net ...
1. Agency functions
2. General utility functions
3. Miscellaneous functions
Agency Functions:
The banks render important services as agent on behalf of their customers in return for a small commission. When banks act as agent, law of agency
applies. The agency functions or services of bank are as follows:
Collection of Cheques: Commercial banks collect the cheques, bills of exchange, etc, on behalf of their customers. Banks collect local and outstation
cheques and bills of exchange through clearing house facilities provided by the central bank,
Collection of Income: The commercial banks collect dividends, interest on investment, pension and rent of property due to the customers. When any
income is collected by the bank, a credit voucher is sent to the customer for information.
Payment of expenses:
The banks make payment of insurance premiums, rent, trade subscription, school fee and other obligation of the customers. When any expense is paid
by the bank, a debit voucher is sent to the customer for

Pedagogy Of The Oppressed By Paulo Freire
Paulo Freire's book Pedagogy of the Oppressed analyzes the issues of different styles and techniques of teaching. Whether it be at school, home, or by a
parent education can be pushed upon you in different forms. These manners of education can treat people as objects; use forms of paternalism due to
authority over someone, and restrict people from having freedom and responsibilities. One of the mechanisms Freire talks about is banking education:
Education thus becomes an act of depositing, in which the students are the depositories and the teacher is the depositor. Instead of communicating, the
teacher issues communiqués and makes deposits, which the students patiently receive, memorize and repeat. This is the "banking" concept of
education, in which the scope of action allowed to the students extends only as far as receiving, filing, and storing the deposits.
Ever since I can remember I always noticed I would be in classes in school that portrayed banking education in some form. In this essay, I will talk
about my college history class and how it functions, the perspective I have about my teacher, and how I'm able to pass the class. Last fall semester is
when I started college here at Del Mar. I had only enrolled in three classes, and being how I was only a freshman starting my first semester in a whole
new environment, I wanted to make sure I was taking things slow. The class that stood out to me the most, concerning banking education, was my
history 1301 class taught

Report on Investments of Export Import Bank Bangladesh...
1. Background of the report
After completing two semesters at University of Dhaka, under the Master of Business Administration Curriculum, Mohammad Maruf Islam, author of
this report was placed in Export Import Bank of Bangladesh Limited, Shimrail Branch, Shiddirgonj, Narayangonj by the Human Resources Division of
EXIM Bank Ltd. as part of the internship program requirement. This report is prepared for the internship program consisting of a major in depth study
of the "General Banking Activities of EXIM Bank Limited".
The internship program exercises a significant importance as it enables a student to familiar with the practical business activities. The students work
closing with the people of an organization and learn about the function ... Show more content on Helpwriting.net ...
Hence it was little bit difficult for them to help within their high schedule. Time is an important issue in report writing. As I have been given a specific
dead Line for submission, observation and learning all the banking operation within three month and also to prepare the report all along which is really
tough. Relevant data and document collection were difficult due to the organization confidentiality. Non availability of data in a systematic way. Not
enough data of year 2006 was available as the bank's annual report of 2006 was not published at the time of preparing this report Lack of fund – A
study for any purpose requires a minimum amount to the investigator or the researcher. But in this case the student had to pay for almost all expenses
starting from stationary transportation communication to the printing of the paper. Shortage of written material
In spite of all these limitations I have tried to put the best effort as far as possible.
1. Variables Covered
To complete this report I have followed a systematic study which include working, inspecting and talking to the executives at different levels of the
organization to know the present scenario of the banking practice. Population: All the branches of EXIM Bank Limited in Bangladesh have been taken
into consideration as the population of this report. Sample: EXIM Bank limited; Shimrail Branch has been selected as a sample of

Sample Survey On Value Of Banking
Introduction
This report contains a basic statistical analysis of the results for the convenience sample survey titled Value in Banking. The results analysis includes
answers from all respondents who took the survey in the 13 day period from Wednesday, December 30, 2015 to Monday, January 11, 2015 inclusive.
Report Contents
This report is divided into four sections: 1. Introduction: contains an overview of the report structure (this section). 2. Results Analysis: contains a
summary and statistical analysis of the results to each question in the survey. 3. Questionnaire: lists all questions in the survey 's questionnaire. 4.
Notes: contains definitions of key terms, additional comments, and team contributions. ... Show more content on Helpwriting.net ...
Creating the Survey (Discussions by the survey team)
The scope of the project will be to identify and survey friends, family, and business associates (our target audience) that use social media and online
services to determine their banking service preferences. The survey will help financial institutions to determine strategies for developing products and
delivering value to customers. The survey team will consist of all 4 teammates – Kevin, Melissa, Jackson, and Greg. To get the desired results, the
survey will be brief and ask questions in a simple way that is easy to understand and respond. The goal will be to gather an honest opinion from the
subject to add value to the banking community and aid management in the selection and implementation of key banking services that add value to the
company/bank. Estimate timeframe to disseminate and review results is approximately one week.
Results Analysis
Survey name: Value in Banking Survey
Start date: Wednesday, December 30,
End date: Monday, January 11, 2015
Number of respondents: 182
Filter:
Include all respondents ' answers.
i) All banks aspire to provide great service and value to each customer. As a banking customer, we want to know what value you place on various
banking services and product. This information is critical to banks as they invest in enhancing products and services.
Thank you for participating in our survey. Your feedback is important.
1) Age An answer to

Accounting Ethics Paper 1
Ethics Essay/Case Assignment
1) a. Explain and describe characteristics of an effective system of internal control.
An effective system of internal control limits the probability that fraud will take place. Within an effective system on internal control an organization
will safeguard their assets, encourage employees to follow company policy, promote operational efficiency, strive towards the most accurate and
reliable accounting records, and complies with all legal requirements. Internal controls not only helps to eliminate fraud but also waste and inefficiency.
There are five components that are used to break down internal control. The first is control environment which is at the top such as the managers and
CEO's of companies ... Show more content on Helpwriting.net ...
Downtown Kalamazoo was led by a board of directors comprised of civic leaders. Flynn's embezzlement went undetected until Downtown Kalamazoo
couldn't pay its bills.
Give four ways Flynn's embezzlement could have been prevented.
There are four or five ways Flynn's embezzlement or most organizations embezzlements could have been avoided which include smart hiring practices
along with separation of duties. Like mentioned earlier no one person or group should have control of transactions from the start to the finish and it is
important to do things like background checks when hiring for positions that people would have the ability to commit fraud.
4
Comparing and monitoring is next on the list which is important because it forces people or departments to cross–check their records, budget their
activities, and can be used to audit the organization. Adequate accounting records are also very important as they would be supported along with either
electronic records or hard copies to show everything that has been processed throughout the organization and will make it very easy to check everything
quickly when that needs to be done.
Limited access to records and assets can really make it hard for someone in an organization to commit fraud. If the accounting department never has
access to the actual money and the people in charge of the money have no access to the accounting of the organization other than sending them the info
over that the

The Pros And Cons Of Costa Bingo
What is Costa Bingo?
Costa Bingo, located at costabingo.com, is a premier online bingo hall operator and gambling website.
Costa Bingo is run by Cassava Enterprises and 888 UK, based in Gibraltar and the United Kingdom. Costa Bingo is offered exclusively for bingo
players in Britain and Northern Ireland over the age of 18. Costa Bingo does not accept players from the United States. Local restrictions, ordinances,
and laws apply.
Costa Bingo claim that they are currently one of the largest bingo communities on the internet. They offer over 50 active rooms and pay out more than
£500,000 in prizes, monthly. Costa Bingo offers the chance for registered users to play both free and "funded" bingo (where pre–funded money is
staked). Tournaments, loyalty and reward schemes, and special promotions are all ... Show more content on Helpwriting.net ...
Costa offers one free mode, named Free Bingo. Three bingo rooms are available in this mode. Free Bingo is meant to be "just for fun". It is intended for
players who wish to enjoy the games and community at Costa Bingo without staking their own money or competing for prizes. You will still need to
register with Costa to play Free Bingo, but no cash deposits or ticket purchases are required. There are some drawbacks, as Free Bingo subsequently
rarely offers cash prizes.
What Bonuses and Special Offers are Available at Costa Bingo?
Costa offers a vast number of promotional schemes that typically tie–in to specific games of 75 and 90 Ball Bingo. Select bingo games, sometimes run
with higher ticket prices, will often offer enhanced jackpots of up to around £10,000 at peak times such as Saturday evenings. There is also the lucky
dip mode, which can set jackpots beyond the normal limits for bingo games.
Special "gift box" games are available as a reward for players who stake their own cash for tickets, offering up to nine special event games to users per
day. Additionally, some competitive games allow for special grand prizes, such as UK supermarket

Financing Of Financing For A Vice President Of Finance
Financing Position
Financing has become a very important aspect of every college student's life. More so, when being in charge of large amounts of currencies' one needs
to have some sort of an action plan or system ready. Have become familiarized with excel and other money management programs initiated at jobs
requiring money handling I know of the mere importance of balancing. Below you will find my plan of action for the Vice President of Finance
(Treasurer) position.
Plan of action
1. Time
a. Create an overall master plan that shall cover the whole semester and will display the estimated dates of future MACSUN events. This will allow us
to map out the multiple periods, or/the estimated range of time used to prepare for MACSUN events; and will allow us too evenly and intelligently
distribute our overall budget.
b. Timely deposit all checks to Wells Fargo bank account.
c. Keep track of all books by review them 2–4 times a week, as well as the day before an event, day of the event, and day after the event.
d. Timely report the status of accounts, at Board meetings, or through email if the information is urgent and there is no Board meeting that week
2. Journals
a. Event spending account should include condensed information on when the money was spent, when the expense was charged, the company's name
and or who purchased the items, what was bought and for what reason, and how much was spent.
b. Keep an accounting journal, both in paper and online using the GnuCash

Analysis of P&L Statements
HBL's Cash Balance with treasury bank over all has an increasing trend during the analysis period in net amount and percent of total asset. This means
that the bank relies more on depositing cash with treasury bank, rather than relying on its deposits to other banks.
Looking at the balance with other bank, there is a 7% decrease in 2010, and then a 17% increase in 2011, remaining almost the same in 2012. As a
percent of total asset, there is a steady decrease. The bank might have better investment opportunities and thus does not feel comfortable to deposit with
other banks. Also, since there is a decreasing trend, the bank does not seem to change its policy either.
UBL also followed a steady increase of cash with Treasury Bank, as a percent of total asset. The deposit with other bank does not show a particular
trend, but there is more decrease than increase. Due to these ups and downs, we cannot tell for sure if the company will change its policy in near future.
It seems that UBL also follows the same strategy as HBL when it comes to deposits. However, with deposits in treasury bank of 9–10% of total assets,
it exceeds HBL slightly, as HBL has 8–9 % of its total assets deposited with treasury Bank
However, there is a decline in UBL's deposits with treasury bank as a percent of total assets, but in the same year, there is an increase in the deposits
with other banks. These deposits consist of 2–3 % of total assets, while in HBL it is about 4% of total assets.
UBL has a

Loan Disbursement and Recovery System of Ific Bank Limited
"Loan Disbursement and Recovery System of International Finance Investment and Commerce Bank Limited"
Internship Report
"Loan Disbursement and Recovery System of International Finance Investment and Commerce Bank Limited"
Submitted to: Md. Shajul Islam
Assistant Professor
Department of Business Administration
Stamford University Bangladesh
Submitted by:
Md. Razib Ahamed
ID No: BBA 03712192
An internship report submitted in partial fulfillment of the requirement for the Degree of Bachelor of Business Administration
15th March 2012 Stamford University Bangladesh Letter of Transmittal
March 12, 2012 ... Show more content on Helpwriting.net ...
I also admire all the personnel of IFIC Bank Limited, Stock Exchange Branch for their co–operation and cordial assistance to me. I am also grateful to
the HRD of IFIC Bank Limited for granting me the opportunity to make my internship program in this organization.
I am grateful to all the respondents of the other officials of this branch of IFIC. Though I was unknown to them, they helped me to gather my expected
information. Their valuable judgments allow me to find out the real information regarding their expectations and perception regarding the bank.
Last but not the least, a big "thanks" goes to my faculty advisor, Md. Shajul Islam for taking the time to guide my efforts and to offer me with helpful
hints and useful advice.
I express my overall gratitude to all the persons who have been involved in assisting me to complete my report.
Table of Contents
Chapters and Content Page No.
Executive Summary 1
1. Introduction 2–6
1.1 History of Incorporation of IFIC Bank Ltd. 3 1.2 Origin of the Report 3–4 1.3 Objective of the Study 4 1.4 Methodology of the study 5 (I) Primary
Data Collection 5 (II) Secondary Data Collection 5 1.5 Limitations of the Study 5–6
2. Overview of the Bank 8–14
2.1 An overview of IFIC Bank Ltd 2.2 Mission and Vision of IFIC Bank Ltd. 8 2.2.1 Banks Mission 8

Case Study : Ashley Johnson, The Sole Owner Of Johnson...
Ashley Johnson is the sole owner of Johnson Real Estate, hereby referred to as "JRE", which is a sole proprietorship (LLC) that lists and sells real
estate in West Virginia. Ashley's husband James is the president of JRE and is the day to day operator. Besides James, there are two employees: office
manager Joan Rogers and receptionist Doris Chambers. The realtors are contracted sub–agents that personally collect commission checks at the end of
each month. These realtors receive 65% of the commission granted to the broker, the rest is deposited into JRE's checking account. Ashley noticed
discrepancies in the commission receipts from closings and the actual bank deposits in the year of 20X9. The previous year there were no problems.
JRE has not been audited for the past three years due to rapid growth. Ashley filed a report with the local prosecutor, a family friend, and requested a
thorough investigation, which resulted in the prosecutor's office contracting an accounting firm to complete the financial examination. The prosecutor's
office assigned special agents Thomas and Longworth to the case. The prosecutors are Gina Conrad and Barry Morton. Joan Rogers has been employed
by JRE since December 2001. She has two employed children that have both graduated from college and live in apartments. She has a mortgage, three
credit cards (balances under $3,000), two automobile loans, and student loans for her children on her debt. Her husband, William, is a laboratory
manager at a

Mr. Wayne Bias, The Non Custodial Parent
Mr. Wayne Bias', the non–custodial parent, testimony revealed that DHR levied his wife's, Venita Bias, bank account and that she has proof that the
money that was levied is not his. He also stated his name was associated with the account.
Mrs. Bias stated that the Lien Unit took money out of her account without notifying them; they received a letter after the money was already on hold.
Mrs. Bias stated she sent the Lien Unit bank statements, direct deposit statements, copies of checks from the credit union, and paid the credit union to
pull the drive–thru video to show that she was the one that made the deposits. She stated that the Lien Unit told her the information she provided was
not sufficient. She stated she put Mr. Bias' name on the checking account so that when he was working his checks were direct deposited. In addition,
Mrs. Bias stated that the NCP was never on her savings account, which is the account the money was taken from. Mrs. Bias stated the NCP has been
laid off since March 2015; there is no money being deposited in the account by neither the NCP nor anyone else other than herself since 2013 because
they were separated for a while. The NCP stopped direct deposit for his checks. Mrs. Bias stated that the money she did prove was hers, she sent the
Lien Unit proof of direct deposits from her job; the Lien Unit gave her part of the that money back, not all of it. So now, at the hearing, she has proof
that the remainder of the money is hers. She

Askari Bank: A Leading Pakistani Bank
Company Profile |Products |Sell Offers |Buy Offers |Contact Details | |Askari Bank, one of the leading banks of Pakistan. The bank was founded in
1992, and in the 18 years since, our growth and success patterns have far outgrown industry standards. Askari Bank has expanded into a nationwide
presence of 150 branches, and an offshore banking Unit in Bahrain. A shared network of over 1,100 online ATMs covering all major cities in Pakistan
supports the delivery channels for customer service. As on December 31, 2007, the bank had equity of PKR 12.27 billion and total assets of PKR
182.17 billion, with over 800,000 banking customers, serviced by 6,808 employees. We have reinforced our products with new deposit schemes bearing
competitive rates ... Show more content on Helpwriting.net ...
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|» |"The Best Consumer Banking Award 2006" by the Consumer Association of Pakistan. 2007 |
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|» |"The Best Retail Banking Award 2008" by Pakistan Guarantee Export Corporation Ltd. 2008 |
| | |
|» |"Best Corporate Report Award for the year 2008" by ICAP & ICMAP. 2008 |
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Case Study Of Storco
1. Background
1.1 Background:
Storco is a recently established self–storage company that provides a storage space formally storage units to its tenants, both business and individuals.
Initially Storco had a simple website with no features of booking a storage unit or request a removal. Neither there was any online inventory
management available for the users having their storage units with Storco. If a user had to place an order for a storage unit, an order was supposed to be
placed on call with the operator and all the remaining work was supposed to be done manually. Also, the payments that are made are made in cash or
bank deposit, and that also contributes in complicating the process. Hence current system takes time for each order to be processed manually. ... Show
Vision of the Solution:
2.1 Vision Statement:
For people who need lack storage space, the Storco provides them with a storage unit according to their needs and the space they require to store their
items. Unlike other self–storage companies, Storco provides its customers with online inventory management for each of their items present in each of
their storage units. The organization provides best quality of storage units at a very low price than the competitors.
2.2 Major Features:
F1: Order a storage unit from your desktop or mobile by selecting the storage unit of your required size and dimensions
F2: Pay via bank deposits or make credit/debit card payments
F3: Manage complete inventory by adding item in your unit if the remaining space can cater it or the request back an item
2.3 Assumptions and Dependencies
A1: The web portal will be available 24/7 even when high traffic consumes the website's bandwidth.
A2: All the development resources will be available from project initiation to assist in designing or validating the project flow.
D1: If the website goes down due to any reason, the customer care center must be able to take order on call until the website is

Cash Flow Statements Tax Calculations And Balance Sheet
CASE STUDY
Name:
Course:
Instructor:
Institution:
Location
Case Study
Question one
Cash flow statements tax calculations and balance sheet for the 3 financial years ending 30 June 2015 – 2017
Family balance sheet
Financial year ending June 2015
Assets $ $
Family house 620,000
Boat 20,000
Car Jenny 35,000
Car Jerry 12,000
House contents 50,000
Commonwealth Bank shares 53,000 Term deposit with Bundoora 165,000
Savings account with Bundoora 26,000
Superannuation funds (combined) 330,000
Total 1,290,000
Liabilities
Family home mortgagee 250,000
Personal car loan 16,000
Credit card debt 6,000
Total 272,000
Net worth 1,018,000
The family's Tax Calculation
Financial year ending June 2015 $ $
Assessable ... Show more content on Helpwriting.net ...
Savings account with Bundoora 26788
Superannuation funds (combined) 339900
Total 1,372,828
Liabilities
Family home mortgagee 224,600
Personal car loan 11,900
Credit card debt 6,000
Total 242,500
Net worth 1,130,328
The family's Tax Calculation
Financial year ending June 2016 $ $
Assessable income Jerry's Salary 105,000
Jenny's Termination payment 15,000
Fully franked dividend 2,729.5
Savings account 269
Term deposits 4,455 conservative fund 8,619 capital stable fund 5,622.75
Less Allowable deductions
Work related expenses 2,500
Total allowable deductions 2,500
Taxable income 173,585.8
Gross tax payable 52,173.45

Add Medicare levy (2%) 3,471.716
Net tax payable 55,645.15
Family 's Cash flow statement
Financial year ending 2016
Income $ $
Jenny's Salary 50,000
Jerry's Salary 105,000
Fully franked dividend 2,400
Savings account 980 conservative fund 8,619 capital stable fund 5,622.75
Term deposits 250
Total 176,085.8
Less tax payable 55,645
Net income

Top Ranking Private Bank Of Bangladesh
8 Managerial Funtions:
Managerial Functions are important factors to run a company successfully. If these functions are carried out fairly it will enhance the ovarall
performance for the organization. premier bank is a top ranking private bank of Bangladesh. As a successful commercial bank it follows all the
managerial fuctions properly.
Planning: It is important for a bank to formulate it:s plans and set the objectives according to the business environment around. Premier bank
management carry out their plans quite intelligently.
Planing: premier bank formulate it 's plans and strategies accurately.
Deposit Money: They collect deposit from public who want to deposit a lump sum of money for a fixed time period; say for a minimum period of
1,3,6,12 or 24 months period, thereby earning a higher rate of interest in return.Three 's also eligibility for depositors for example minimum has to be
18 and he/she has to be a citizen of Bangladesh. Other key features are customer will get 80% loan facility on deposited amount and it can be opened
for 3 months,6 months,12 months or 24 months,
Home loan facilities: Home loan facilities are given to clients by premier bank. The purchasing dwelling has to be for residential purpose and also
apartments which are under construction will be under new home facilities.
House Construction Loan will be 70% of the total estimated cost of the construction or the maximum amount of loan assessed based on customers'
creditworthiness as per

Chase Bank Account
To Check the Account Balance of Chase Bank A checking bank account is a deposit account held at a financial association that permits taking out and
deposits. As well called demand financial records or transactional accounts, checking financial statement are very liquid and can be access using
verifies automated cashier machines and electronic debit, among other methods. Checking bank accounts change from additional bank accounts in that
it regularly agree to for several withdrawals and limitless deposit, while investments accounts at times maximum value are equally. Break down
checking account Checking financial statement can contain the big business accounts, student accounts and combined accounts, all along with the
various other varieties of accounts that propose related to the features. In exchange for liquidity, checking financial statement are normally do not
provided a high concern ... Show more content on Helpwriting.net ...
If you not remember to take out cash for an excursion to Starbucks, overdraft protection make certain that you don't contain a check return and replicate
badly on your skill to forfeit. However, a bank accuses a fee and composes money from this check; make sure you use the overdraft protection in
moderation and only in an urgent situation. The money quantities of overdraft protection are differing by account and by bank. In some cases, the client
needs to demand the calculation of overdraft security. If the overdraft protection is used extremely, the monetary institute can eliminate the security
from the account. BREAKING DOWN 'Overdraft Protection' Overdraft protection comes at a price. Although it does agree to its consumers to break
out paying overdraft bill, it does charge notice on the amount glide to them. Many banks allow their clients to link their bank financial statement to a
credit card in organizes to evade overdraft

Analysis Of Paulo Freire 's ' The Banking Theory ' Concept...
In the essay "The 'Banking' Concept of Education," Paulo Freire creates the argument that teachers simply deposit knowledge into students and the
students then only store the deposits, without having any input of their own. He says that "the student records, memorizes, and repeats these phrases
without perceiving what four times four really means...." (318).
"The teacher teaches and the students are taught;" "the teacher chooses and enforces his choice, and the students comply;" "the teacher chooses the
program content, and the students (who were not consulted) adapt to it." Those are only some of the points made by Freire in the banking theory.
Although Freire is talking about education, this theory can also be applied to modern day advertisement. Companies plaster advertisements anywhere
they can, from billboards to television screens, telling viewers what they need to look like, act like, be like, and talk like, while the viewers simply take
in that information and conform to it.
In this Sisley advertisement, two models are snorting what would be expected to be cocaine, but instead it is a white dress. The words "Fashion Junkie"
are printed underneath the brand name. The bright white of the dress creates a contrast with the pitch black background, creating an atmosphere of
darkness. Additionally, both models are caked with heavy eye makeup, and the model on the right has her eyes rolled back giving the appearance of
being high. This Sisley advertisement uses Freire's

Compare And Contrast The Classical Production Approach
Schoors et al. (2010) state that according to the classical production approach total deposits and total loans are treated as output, and labour and
physical capital are used as inputs. As we cite Ferrier and Lovell (1990) emph {"The production approach views banks as 'producing' demand deposits,
time and savings deposits, commercial loans, real estate loans, and instalment loans, using capital, labor, and materials to do so."} Next to this classical
production approach, Schoor et al. (2010) mention the intermediation approach introduced by Sealey and Lindley (1977) in their paper: emph{"Inputs,
outputs, and a theory of production and cost at depository financial institutions."} In this paper they introduce earning assets as outputs and deposits as
inputs. ... Show more content on Helpwriting.net ...
In the research paper of Schoors et al. (2010), they prefer the classic production approach because in the intermediation approach, the deposits are
neglected as an import output. In order to follow our own rationale, we prefer to apply the classic production approach since deposits are neglected in
the intermediation approach and our dataset consists only out of deposit banks. Also Ferrier and Lovell (1990) argue using the production approach if
you are measuring the cost efficiency of banks because it takes only the operating costs of banking into account. On the other hand, the intermediation
approach is preferable if you want to investigate the viability of banks since it is concerned with the overall costs of banking. But since we want to
conduct a comprehensive and thorough research on this subject, we will also include a stochastic frontier model based on the intermediation approach
inputs and outputs in our robustness checks

The High Profile Case Of Joe And Teresa Giudice
A digital government seem to be leading more and more cases for review of fraud. In the high profile case of Joe and Teresa Giudice who filed for
bankruptcy in 2009 and then dropped their petitions, a statement released by the US Attorney's Office, District of New Jersey, about the New Jersey
couple from the Real Housewives of New Jersey were charged with, among other things, trying to hide assets and income during the bankruptcy
process. Teresa Giudice and husband, Giuseppe "Joe" Giudice, both of Towaco, N.J., were indicted by a federal Grand Jury with the charge of
conspiracy to commit mail and wire fraud, making false statements on loan applications, failure to file tax returns for a number of years, and
bankruptcy fraud among other things. The indictment indicated that the "Guidices lied to the bankruptcy court, to the IRS and to a number of banks,"
U.S. Attorney Fishman said. He went on to state, "everyone has an obligation to tell the truth when dealing with the courts, paying their taxes and
applying for loans or mortgages. That's reality." "The Federal Deposit Insurance Corporation Office of Inspector General is pleased to join the United
States Attorney for the District of New Jersey and our law enforcement colleagues in announcing [the] indictment...," Special Agent in Charge A. Derek
Evans said. Agent Evans went on to say "We are committed to our partnerships with federal, state, and local law enforcement to address mortgage fraud
cases throughout the

The Two Basic Functions Of MCB Bank
3.1 Functions of MCB
Basically there are two basic categories of functions of MCB Bank, which are as follows:
1. Principal Function
2. Auxiliary
3.1.1 Principal Function:
The principal functions are basically the core functions of the bank that is the lifeblood of bank, which are:
1. Acceptance of Deposits
2. Financing
3.1.2 Deposits:
There are basically two types of deposits and their nature varies due to time factor, which are:
1. Demand Deposits
2. Time Deposits
3.1.3 Demand Deposits:
The demand deposits have no legal restriction on drawing of the deposited amount and the cash is readily available on demand without any conditions.
Demand deposits are further classified into categories:
1. Current Deposits
2. Saving Deposits
3.1.4 Current ... Show more content on Helpwriting.net ...
3.5.1 Forex Department
The Forex Department deal play a very important role in the Banking sector. The customers who are in the foreign countries and whenever they want to
send the money to their relatives, the MCB bank help all these types of customers which are in the foreign countries and they have don't worry about
the transaction of money from one country to another one because the Forex Department are doing this type of job and this Department fulfill all the
transaction for the foreign customers.
3.5.3 GBO Department
GBO stand for General Bank Officers. They also play a very important role in MCB bank. They deal in the balancing of cheques and also guide the
customers. They also open the account for the desire customers. Opening of accounts are the responsibilities of this Department. The also provide the
new information to the customers. New packages are also inform by the GBO officers. For example: To purchase a home or to purchase a

Summer Is Winding Up And It'S Time For The Kids To Go Back
Summer is winding up and it 's time for the kids to go back to school. All over the country, another back–to–school ritual is taking place. College
students are moving into dorm rooms and about to experience their first taste of freedom and college life. Along with experiencing college for the first
time, many new students struggle with managing their finances on their own for the first time. Unfortunately, if they are not careful, they could easily
mismanage their finances and end up creating big problems for their later lives. Here 's some tips for how your college student can save money: Make a
Plan Obviously cash flow can be a problem for many students. It 's important to come up with a budge and spending plan. If you can do this ... Show
Get in the habit of asking about student discounts wherever you shop. If you live in a college town, you 'll quickly get to know the places that honor
your student ID card and will give you a better deal. Some places even offer a frequent buyer card in addition to regular discounts. If you can get free
sandwich after you buy four or even a free cup of coffee every once in awhile, you can save some money there, too. Don 't forget that you can get big
discounts on high–ticket items like computers and software with your student discount. Microsoft, for example, offers discounts of several hundred
dollars on student versions of popular software like Windows and Office. Use Cash Whenever Possible If you 've created an effective budget, then you
should be able to use cash for most of your purchases. This will help you avoid impulse purchases and allow you to monitor your cash flow better.
Leave your debit card behind (but keep a credit card or checkbook just for emergencies) and just have cash for whatever you need. The more cash you
have on hand – or the more access to credit – may lead you to overspend. Practice discipline when it comes to spending. Stay Busy Some people have a
natural tendency to shop when they are bored. It could be a trip to the mall or extra spending on entertainment like movies or snacks. To combat this
effect, stay as busy as possible. Devote time to your

Study on Customer Service Quality and Customer...
43, Mohakhali C/A, Dhaka 1212
Date: 18 December 2008
To Whom It May Concern
This is to certify that Shahriar Hossain is a BBA student of East West University. In the Fall– 2008 semester, he has taken the course Bus. 499, which
requires a formal report on a specific topic or on a specific organization after completing a three months of work experience. For this purpose, he
requires to gather relevant information about the chosen organization.
It is worth mentioning that the gathered information will only be used for pure academic purposes and will be kept classified. It will be highly
appreciated if you help him to get relevant information about your esteemed organization.
Thank you for your kind cooperation. ... Show more content on Helpwriting.net ...
The broad objective of the study is to draw an overall view of the satisfaction level of the credit card user of the Prime Bank Ltd. and then identify how
to improve the level. The specific focuses of the study are analysis of the satisfaction level of the card users of The Prime Bank Ltd., comparing their
product and service offerings with other issuers, judging cardholders' level of satisfaction, and exploring the opportunities and competitive advantages
that can be exploited by PBL. Both primary and secondary sources of data have been used to gather the necessary information for the analyses of the
study. Primary data sources are the cardholders (convenient sample size of 77), merchants (sample size of 20) and 4 issuers namely Standard Chartered
Bank (SCB), Prime Bank Limited (PBL), National Bank Limited (NBL) and Dhaka Bank Limited (DBL). All the primary data sources are reached
through questionnaire survey. In the market share analysis, at present, SCB has the highest market share of 69% with around 200,000 cardholders (as
on 15th April, 05).
Amongst the service offerings of different issuers, the average time for processing the card and delivery is only 2 days of NBL, 3 days in PBL and 10
days of SCB. The same for others is 7 days.. The lowest subscription fee for principal card local silver is Tk. 1000 (offered by PBL) and local gold is
Tk 2000 (PBL &

Brief Advantages And Disadvantages Of Internship In Faysal...
Part–II
5.3 INTERNEE WORK
5.4.1 Brief Introduction of internee's office/branch:
I did my internship in faysal bank sialkot cantt branch. Let me give a brief introduction of this branch. Faysal bank sialkot cantt branch is located on
Azeez shaheed road, cantt area of the city. There are many other banks like MCB Bank, HBL, Women bank, Allied bank on this road as well.
This is a very busy area of city because it's the main route for many other roads.
Due to all of the banks mentioned above this area creates a very competitive environment in the city. During my internship I observed many
government institution and semi–government institution and colleges etc have accounts in this bank. An advantage of Faysal Bank's location is that
cities many ... Show more content on Helpwriting.net ...
Sales Department:–
In Sales department creation of customer account takes place.
Types of accounts of faysal bank are as following:–
i. Current Account:–
Faysal bank offers two types of current accounts which are:
1) Saholat Account.
2) Business first
The minimum balance of current accounts is 5ooo. If the balance is less than 5000, 50 Rs. shall be deducted monthly. Zakat is not deducted from such
accounts. ii. Saving Account:–
Faysal bank offers two types of saving accounts:–
1) Moaving Account
2) PLS account (Salary account)
The minimum balance of Moaving account is 20,000. PLS is no profit no Loss account. Zakat is deducted on Saving Accounts.
Dormant Account:–
If customer doesn't use his account for six months continuously, His account status becomes dormant.
Re–activation Process:–
If a customer wants to reactive his dormant account. He will have to make an initial credit transaction (e.g 100 Rs) besides filling dormant reactivation
form. 1 CNIC photocopy is required with dormant reactivation request. After that the KYC of the customer is done.
II– Service Department:–
I also worked in the service department during my internship. This department overviews Lockers, Cheques, ATM services to its

Oc 360 Account
The unique deposit product that OCBC offers is the OCBC 360 account. It is basically a deposit account that pays bonus interests to depositor when
they complete any or all of the different criteria that are being set by them. The criteria includes crediting salary through GIRO, paying of bills through
online or GIRO, save or increase your account balances, invest with OCBC and spend using your OCBC credit card. Different interest rates are being
issued depending on the criteria that are being met. As a result, there are 2 types of interests that a depositor can receive if they were to open a 360
account with them; which are the base interest and bonus interest. The main purpose of OCBC setting up a 360 account is not only to meet customer's

Deposit Mobilization Of Scheduled Commercial Banks
DEPOSIT MOBILIZATION OF SCHEDULED COMMERCIAL BANKS IN INDIA
INTRODUCTION
Capital gathering which in turn is essential to economic growth and development the stages of accumulation are savings and investment among them
saving is most crucial because it is basic constraint for investment and development so capital accumulation and economic growth is affected by the
rate of savings in the economy mobilization of savings becomes all the more important in the economy when economic growth is set with in frame
work of targets with maximum reliance on internal resources. In a study conducted by national institute of bank management (NIBM) it was observed
that the savings and that about 75 per cent of the gross domestic savings (GDS) cane from the house hold sector and approximately 45 percent of the
household sector savings were kept in the form of bank deposits. The banking sector has played an increasingly imperative role in the financial
intermediation process by mobilizing savings in the form of deposits. Deposits are the main source of funds for banks the bank of the total liabilities of
a banking company include deposits. Hence banks serve financial needs of various sections of societies, the larger volume of funds can attract, the
better the position they are in to lend funds. Scheduled Commercial Banks are those banks which were included in the second schedule or 2E of RBI
ACT, 1934.
REVIEW OF LITERATURE Ramkrishanvyas and Arunadhode (2007) found out the impact of the

If You Need Essay
If You Need Love Get a Puppy.
Auditing Guidance:
AU § 150.02: This is the standard on independence in mental attitude in all matters relating to the audit. The auditor needs to be aware of any personal
factors that could impair his independence and objectivity.
AICPA Code of Professional Conduct ET Section 101.02 Rule 101– 1 Independence: This section outlines specific relationships that impair auditor
independence. There is a provision for other considerations that defines the reasonable person test for determining if there is a threat to independence.
1. 1. Professional skepticism is an attitude of a questioning mind and a critical assessment of evidence. 2. Will exercised professional skepticism in ...
Show more content on Helpwriting.net ...
The AICPA Code of Professional Conduct does not address the issue of personal client relationships. It would be extremely difficult to outline every
situation that would jeopardize independence. In situations not addressed by The Code CPAs must use the judgment of a reasonable person aware of all
facts to determine if independence is threatened (Messier, 658). 7. Mental attitude is subjective. It is something the CPAs must determine for
themselves. Unlike independence in appearance which is determined by others, third parties cannot evaluate the CPA's mental attitude of independence.
8. Will was clearly independent in appearance, but he expressed concern about his personal relationship regarding the audit client. He overcame his
reservations and did not let his relationship with Jess affect his auditing independence. 9. An auditor's mental attitude is the greatest factor in
determining independence. Regardless of appearance of independence, an individual's emotional involvement will be a stronger influence on
independence. 10. To promote independence, accounting firms should attach a psychological studies portion of training to continuing professional
education. This would improve upper management's ability to detect potential violations of independence. 3. Supporting Jess: 11. Observation – The
firm was aware of existing cash control weaknesses. 12. Inquiry – Will had no prior knowledge of the client and

Essay On Revenue Recognition
Companies who use an accrual–basis accounting system are supposed to record their revenue according to the standards set by the generally accepted
accounting principles (GAAP) for what is revenue recognition. This helps to ensure that each disbursement of cash that is received is applied in a
consistent manner.
But even though it reduces the likeliness of an error occurring, it doesn't completely guarantee that no mistakes will be made. If there is a change in the
accounting staff, or the current staff simply doesn't pay attention to details when they enter the revenue in the accounting software, it can end up being
miscalculated.
This is a serious matter that has to be corrected fast because it will throw off not only all of the ... Show more content on Helpwriting.net ...
If not enough units were recorded, or the price was entered in at less than its true amount, it will be reflected in the accounting software as a deficit.
Look at Past Accounts
Usually, a company's revenue consistently comes from some of the same sources, such as customer accounts. So another way to tell where revenue is
missing is to print out an accounts receivable list with a look–back period that dates back to when the revenue was known to be accurate. A quick scan
of the accounts will show any drastic changes that are reflective of an error that could have been made.
Double Check the Math
Mathematical errors account for the majority of all missing revenue problems. So match up all of the revenue entries with the bank statements and
deposit slips. While doing this, first verify that the deposit slips match up with the copies of the checks or the electronic transfers of money that were
received though. Most accountants record revenue that is received from the bank deposit slips that they get from whoever is responsible for doing the
daily deposits. So if the deposit slips were filled out incorrectly, or the bank made a mistake when they did the deposit, it could throw off the numbers.
If there are no problems with the bank records, search the general ledger for small issues that could be to blame, such as a missing decimal point.
In conclusion, even the best accountants can

Financial Reflection
Throughout the year we have learned about financial things we will need to know in the future. I have learned many things about taxes, budgeting,
banks, checking accounts, and savings accounts. Each of these topics has their own importance to our future lives. Learning about this now was a good
choice so in my future I may have an easier time with it than people who didn't. In the beginning of the year we were taught about taxes and all the
forms that you are required to fill out when you get a job. The forms we learned about were the W–4, W–2, and 1040EZ. A W–4 form is is used by your
employer to withhold the proper amount of federal income tax from your paycheck; it is easy to fill out you just need to follow the directions and
answer the questions how it says. The next form, W–2 is used to report the amount of federal, state and other taxes withheld from your paycheck; this
form is extremely important when preparing for your tax return. Another form is the 1040EZ which is easy to fill out if just follow the numbers in order
and answer them correctly. On the back there is a section for line number 5 which only dependents who checked one or both boxes need to fill out.
Overall all the forms are important and simple to fill out. We learned a lot about budgeting and did a very big project on it. In our project we had to
pretend we were 22 and living on our own, so we had to budget our money for things like food, rent, entertainment, and our car. We first picked out our

Essay on Week 3 Assignment from the Reading
Week 3 Assignment from the Reading
Jessica Pipito
ACC/340
February 25, 2015
Prof. David De La Calzada
Week 3 Assignment from the Reading
Case Analysis 8–17
Weakness
Recommended Improvements
Same Person collects daily fees and deposits the cash and files the wavier forms
There should be one person (A) that has visitor fill out the forms and files them, also keeping a tally of the number each day. And a second person (B)
collects the cash and deposits it into the lock box.
The accountant deposits the cash at the bank and makes the journal entry
The manager at the end of the night could deposit the cash, and the next morning the accountant could make the journal entry.
No one checks the number of wavier forms filled out against the ... Show more content on Helpwriting.net ...
Employees are required to take vacation and they should be cross–trained to cover each other's jobs when they are out.
d.) The Blue Mountain Utility Company was having difficulty with its customer payments. The payment amounts were entered directly into a terminal,
and the transaction file thus created was used to update the customer master file. Among the problems encountered with this system were the
application of customer payments to the wrong accounts and the creation of multiple customer master file records for the same account.
They should be matching the invoice number and account numbers; this review should catch the error. Another control is the customers reviewing their
statements to make sure that they are not being over charged, ect.
e.) The Landsford brothers had lived in Center County all their lives. Ben worked for the local mill in the accounts payable department, and Tom owned
the local hardware store. The sheriff couldn't believe that the brothers had created several dummy companies that sold fictitious merchandise to the
mill. Ben had the mill pay for this merchandise in its usual fashion, and he wrote off the missing goods as ''damaged inventory.''
Access control to create new vendors, and vendor approval procedures is a good control.
Problem 9–16 Identify one or more control procedures (either general or application controls, or both)

Why You Should Think At Next Time You Deposit At An Online...
Why you should think POLi next time you deposit at an online casino
For the most part those based in Australia and New Zealand have had a fairly rough ride as far as online casino play is concerned. This is because the
field has been restrictive as far as both operators and payment providers are concerned. But as of late things have begun to change, as new online
casinos and payment providers have started to give the Oceania region the attention it deserves. Leading the charge for this new wave of Oceania based
online casino play is POLi, a digital payment processor designed almost exclusively for residents of Australia and New Zealand.
Banks and the online casino industry have had somewhat of a love hate relationship over the years. ... Show more content on Helpwriting.net ...
Any transaction you make through POLi will be charge–free, with the company ensuring that it will stay that way. Adding to that POLi also shows
impressive credentials from a security standpoint. This is because a player does not to submit any direct financial information to an online casino in
order to complete a transaction, as POLi ensures that anonymity is persevered.
Given the impressive level of functionality that POLi delivers when it comes to bankroll management, more and more online casinos are looking to
adopt it. Looking at this in more detail, gamblers around the globe will find that leading online casinos such as 21Prive, FruityCasa, William Hill,
Winner, Viking Slots, Betfair, and Spinson now accommodate for players who use POLi, with some even actively encouraging its use.
In days gone by, a player would have to submit sensitive banking information to an online casino in order to deposit and withdraw money. Presenting a
level of risk that many were uncomfortable with, this method of bankroll management would often leave players exposed. What the introduction of
POLi has done is make such a risky transaction method a thing of the past. Next time you venture to gamble online keep an eye out for the POLi logo,
as it stands for a transaction method that is safe, secure, and effortlessly functional.
The ins and outs of using Postepay
In 2016 online casino play resembles much more than just the

Advantages And Disadvantages Of Deposit Of A Bank
DEPOSIT DEPARTMENT
Bank deals in money and they are merely mobilizing funds within the economy. They borrow from individual, firms, public houses, institution,
companies and lend to another, the difference between the rate of borrowing lending forms their spread or gross profit. Therefore we can rightly state
that deposits are the blood of the bank which causes the body of an institution to get to work. These deposits are liability of the bank so from point of
view of bank we can refer to them as liabilities. Deposits are backbone to bank as it is to the body of man. It is the lifeblood of a bank. The deposit of a
bank is useful in many ways. The total deposits of MCB are growing since its inauguration but after privatization there is a sharp incline in over all
deposits of the bank. The ... Show more content on Helpwriting.net ...
All deposits are not negotiable and can not be transferred by endorsement or otherwise.
Withholding tax, where applicable, shall be deducted from the profit amount as per the provisions of Income Tax Laws in force at the time of payment
of profit.
JOINT ACCOUNTS:
i. If the account is opened in the names of two or more then two persons , the balance to the credit thereof at anytime shall belong to the depositors or
the surviving depositor(s) when operating instructions are "either or survivor" only. All such persons shall be jointly and severally liable for all the
liabilities incurred on the account including but not limited to the payment of any finance, together with return, profit and mark up thereon at a rate
determined by the bank from time to time. ii. In case, joint account is operated with single signing authority and the bank receives contradictory
instructions from another signatory, the bank would thereafter act only on the mandate of all signatories to the account.
FOREIGN CURRENCY ACCOUNTS:
Foreign currency account is opened by depositing foreign currency. The account may be

1.7 Hypothesis Statement On Consumer Consumption

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1.7 Hypothesis Statement On Consumer Consumption