Sunday, July 31, 2011

What is a survey?

In one sense, the word ‘survey’ means ‘to view comprehensively and in detail’.
In another sense it refers specifically to the act of ‘obtaining data for mapping’.
These aspects of the definition of a survey, of course, derive from the classic versions
of geographical surveys and ordnance surveys which map out the landscape
or the built environment of roads and buildings. The principles, though,
have been used to good effect on mapping out the social world as well as the
physical world and, indeed, surveys have emerged in recent times as one of the
most popular and commonplace approaches to social research. Such social
surveys share with their physical counterparts some crucial characteristics.
• Wide and inclusive coverage. Implicit in the notion of ‘survey’ is the idea
that the research should have a wide coverage – a breadth of view. A survey,
in principle, should take a panoramic view and ‘take it all in’.
• At a specific point in time. The purpose of mapping surveys is generally to
‘bring things up to date’, and so it is with the notion of social surveys.
Surveys usually relate to the present state of affairs and involve an attempt
to provide a snapshot of how things are at the specific time at which the
data are collected. Though there might be occasions when researchers will
wish to do a retrospective study to show how things used to be, these
remain more an exception than the rule.Empirical research. In the sense that ‘to survey’ carries with it the meaning
‘to look’, survey work inevitably brings with it the idea of empirical research.
It involves the idea of getting out of the chair, going out of the office and
purposefully seeking the necessary information ‘out there’. The researcher
who adopts a survey approach tends to buy in to a tradition of research
which emphasizes the quest for details of tangible things – things that can
be measured and recorded.


These three characteristics of the survey approach involve no mention of
specific research methods. It is important to recognize this point. The survey
approach is a research strategy, not a method. Researchers who adopt the
strategy are able to use a whole range of methods within the strategy: questionnaires,
interviews, documents and observation. What is distinctive about
the survey approach is its combination of a commitment to a breadth of
study, a focus on the snapshot at a given point in time and a dependence
on empirical data. That is not to deny that there are certain methods which
are popularly associated with the use of surveys, nor that there are certain
methods which sit more comfortably with the use of the strategy than
others. This is true for each of the main research strategies outlined in the
book. However, in essence, surveys are about a particular approach – not the
methods – an approach in which there is empirical research pertaining to a
given point in time which aims to incorporate as wide and as inclusive data as
possible.

Thursday, July 28, 2011

Define segment reporting?


Presentation required in the annual report when a reportable segment meets one or more of the following tests: (1) revenue is 10% or more of combined revenue; (2) operating profit is 10% or more of combined operating profit (operating profit excludes unallocable general corporate revenue and expenses, interest expense, and income taxes); or (3) identifiable assets are 10% or more of the combined identifiable assets; also called line of business reporting.

FASB Statement No. 14 requires that financial statements include information about operations in different industries, foreign operations, export sales, major customers, and government contracts.

Read more: http://www.answers.com

Wednesday, July 27, 2011

Benefits of ERP


The main benefits of using ERP systems identified could be summarized as follows
The benefits accruing to any business enterprise on account of implementing are unlimited. According to the companies like NIKE, DHL, Tektronix, Fujitsu, Millipore, Sun Microsystems, following are some of the benefits they achieved by implementing ERP packages:
Gives Accounts Payable personnel increased control of invoicing and payment processing and thereby boosting their productivity and eliminating their reliance on computer personnel for these operations. Reduce paper documents by providing on-line formats for quickly entering and retrieving information. Improves timeliness of information by permitting, posting daily instead of monthly. Greater accuracy of information with detailed content, better presentation, fully satisfactory for the Auditors. Improved Cost Control. Faster response and follow up on customers. More efficient cash collection, say, material reduction in delay in payments by customers. Better monitoring and quicker resolution of queries. Enables quick response to change in business operations and market conditions. Helps to achieve competitive advantage by improving its business process. Improves supply-demand linkage with remote locations and branches in different countries.
Provides a unified customer database usable by all applications. Improves International operations by supporting a variety of tax structures, invoicing schemes, multiple currencies, multiple period accounting and languages. Improves information access and management throughout the enterprise.
Provides solution for problems like Y2K and Single Monitory Unit (SMU) or Euro Currency.


Attributes of a good management-accounting system


The management accounting can be success if contains some attributes which enhance its process such as the following attributes: [Jan, Shahid, Homas and Arol 1999].
The management accounting can be success if contains some attributes which enhance its process such as the following attributes: [Jan, Shahid, Homas and Arol 1999].
Good management accounting information has three attributes:
?Technical—it enhances the understanding of the phenomena measured and provides relevant    information for strategic decisions.
?Behavioral—it encourages actions that are consistent with an organization’s strategic objectives.
?Cultural—it supports and/or creates a set of shared cultural values, beliefs, and mindsets in an organization and society.