Subsidary businesses Study guides, Revision notes & Summaries

System a set of two or more interrelated components that interact to achieve a goal Data Processing Cycle 1. data input, 2. data processing ( data storage) , 3. information output. performed on data to generate meaningful and relevant information Goal of data processing process company transactions efficiently and effectively Data Input Steps 1. capture transactional data and enter then into the system - triggered by business activity 2. Ensure data is accurate and c...

What info must be contained in a compromise proposal? - any proposals made "informally" by a company creditor - details of all assets and creditors - treatment of ongoing contracts - order of preference, proceeds apply - conditions precedent - number of employees - t&c of employment - projected balance sheet - income and expenses for 3 years - certificate by authorized director stating info is factual, accurate, up to date When will compromise be adopted and binding - S155(6)...

It is a full document that was graded d* for learning aim E of unit 5 in Level 3 btec course . If you have any questions . Please message me !