Last Updated 25 May 2020

Accounting Information System: Overview

Words 315 (1 page)
Views 157

Order custom essay Accounting Information System: Overview with free plagiarism report

GET ORIGINAL PAPER

Here is a proposal for implementation of the plan for school payment to keep the student in school. The students shall be compensated on a monthly basis. They shall be paid 20% every month on successful attendance to the classes and a fine of 5% for failure to attend classes for any given day (Unless authorized by the school principal, for whom it shall not be for indiscipline case(s)).

The next 40% of the money shall be paid at the end of every academic year. This is to facilitate the students’ upkeep while out of school as they go on with their research work during the summer holidays.

The remaining amount shall be cumulatively paid upon successful completion of the course during the graduation ceremony. This will be a big boost to the students as the total amount will give the student a better start to either start their own jobs or use it to look for employment.

The payment shall be authorized by the principal upon confirmation from the class teacher of the attendance of the students. This is better done in public so that all those who do not attend school be ashamed of their acts. The payment shall however be effected by the school Bursar. The monthly payments shall be done by cash while the annual and terminal payments shall be effected by check only.

Q3.)

I strongly disagree. The cost of employee hiring and training can never be equated to the expected term of service. This is because, the training that the employee undergoes will later be subtracted from the salary and hence there is no sense in it being that it has to be amortized.

Some companies use that line of though to harass their employees and to silence them anytime they bring their grievances. Training is good both for the individual as well as the organization but amortization is going way overboard (Romney & Steinbart, 2008).

This essay was written by a fellow student. You can use it as an example when writing your own essay or use it as a source, but you need cite it.

Get professional help and free up your time for more important courses

Starting from 3 hours delivery 450+ experts on 30 subjects
get essay help 124  experts online

Did you know that we have over 70,000 essays on 3,000 topics in our database?

Cite this page

Explore how the human body functions as one unit in harmony in order to life

Accounting Information System: Overview. (2016, Jun 03). Retrieved from https://phdessay.com/accounting-information-system/

We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy

Save time and let our verified experts help you.

Hire writer