LINK FOR THE BOOK (you can also check the questions): https://b123im434-mp02-y-https-library-books24x7-com.proxy.lirn.net/toc.aspx
PLEASE check the ass attached and the book before answering the questions so you know the business I have been working on.
ASS 23- 24- 25
WORKSHEET FOR ASSIGNMENT 23: FINANCIAL CONTROLS
- What bookkeeping and accounting system have you chosen and why?
- What control information does it produce and with what frequency?
- Who will keep the books and produce the accounts?
- What will your basic business ratios be if you achieve your financial objectives?
- How do those ratios compare with those of either a competitor or your current organization?
- What would you consider changing as a result of carrying out your ratio analysis (for example, collect money in faster, carry less stock)?
WORKSHEET FOR ASSIGNMENT 24: SALES AND MARKETING CONTROLS
- Describe your records for monitoring sales activities.
- Draw up a customer record card for your business, or show your existing one.
- What other marketing records do you plan to keep, eg for advertising costs and results?
- Explain the relationship between any sales activity and the results expected. For example: ‘We expect to open one new account for every ten we cold-call; or for every 10,000 cold emails sent out.’
WORKSHEET FOR ASSIGNMENT 25: OTHER BUSINESS CONTROLS
- What other business controls do you plan to introduce into your business at the outset?
- Why do you consider them important?
