Accounting is a branch of management science that is concerned with the recording of financial transactions, which are meant to represent the financial responsibilities and assets of an entity. Accounting provides information necessary for decision making. There are many types of accounting systems available such as internal bookkeeping, the balancing of cash flows, the measurement of assets and liabilities, and the preparation of reports. All of these methods are used to ensure that accounting processes are conducted in a timely and effective manner to meet the needs of organizational stakeholders.The basic function of accounting is to record the financial performance of a company. This includes the assessment of the costs of assets and liabilities, transfer of assets from one category to
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Customer support is a wide scope of customer services to help customers in making correct and cost effective use of their products. It comprises of assistance in designing, planning, installation, repair, training, troubleshooting, upgrading, disposal, and proper disposal of a given product. A support provider deals with the issues arising out of various kinds of computer related issues. It can be done either by phone or online.Customer support service is divided into several different sections like technical support, data recovery, telemarketing support, and email support. These different categories of services are segregated on the basis of the degree of contact with the customer. Technical support agents provide the support for software products such as email server, antivirus programs,
Read MoreAccounting is a methodology by which accounting information is processed and communicated to a decision maker. The discipline of accounting studies is vast, and includes accounting theory, auditing, statistics, and application of methods and principles to accounting. Auditing is one branch of accounting that attempts to ensure that the process of accounting is reliable. The aim is to provide knowledge of the financial condition of a company to investors and stakeholders. Statistics provide information on trends and patterns that are helpful in the analysis of accounting data. Accounting information is essential for decision making, management of resources, and planning for the future.Generally, accountants use several methods to arrive at accounting information. Generally, an accountant cr
Read MoreThe word business refers to any entity or organization engaged in business that essentially deals with the procurement of raw materials, working capital, and profit. Businesses may be for profit organizations or non-profit enterprises. Regardless of the nature of the business, it seeks to generate income through production, sales, and service.In terms of legal structure, the term business includes corporations, partnerships, LLCs, and sole proprietorships. Business entities are established for various reasons, but one of the most important reasons is to create a standing credit line that will allow businesses to obtain credit at low interest rates. Many business plans also include the borrowing of funds from other investors. This borrowing is referred to as venture capital.Every state requ
Read MoreThe word business refers to any entity or association engaged in professional, commercial, or agricultural activities for profit. Business enterprises may be either for-profit or non-profitable organizations. Examples of such enterprises include retail stores, hotels, restaurants, banks, publishing houses, sports franchises, software development firms, telecommunications companies, manufacturing manufacturers, and service providers. In recent years, the fast growing Internet technology has made business easier than ever before. In fact, it is now possible to establish a business right from the comfort of your own home. You do not even need a real office, as you can conduct all your transactions through the Internet.For individuals running businesses online, conducting market research is a
Read MoreCustomer support is often the primary responsibility of a retailer's sales and service staff. Yet the most successful businesses often make a habit of taking a more holistic approach by including customer satisfaction in all of their marketing and business development efforts. After all, "the customer is always right." It is a fact that many successful businesses have made the commitment to excellence in every area of their operations.Customer support is the delivery of extraordinary service to customers prior, during, and even after a sale. Without excellent customer support, there is a very real chance that a customer will leave your shop or organization, never to return. Yet the perception of success in these interactions depends on how employees "can adapt themselves quickly to the per
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