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محتوى كتاب المحاسبة المستوى الثاني عشر فصل ثاني قطر
Timeliness refers to the completion of tasks within agreed timelines. For example, if an employee is late in entering payroll details into the computer system, employees may not receive their salary on time.
Organisational policy and procedures will be avail- able to employees and will inform them as to what data to enter, how to enter the data and what time- lines apply to the data entry.
Computer system documentation and procedures will also inform employees as to how data should be entered accurately into the computer accounting system.
Practice 1 Hassan and Mohamed organize a partnership in January 1. Hassan's initial net in- vestment is $60,000, consisting of cash ($14,000), equipment ($66,000), and a note payable reflecting a bank loan for the new business ($20,000). Mohamed's initial in- vestment is cash of $25,000. These amounts are the values agreed on by both part- ners.
