The Basics of Telecommunications Accounting
Order ID |
53563633773 |
Type |
Essay |
Writer Level |
Masters |
Style |
APA |
Sources/References |
4 |
Perfect Number of Pages to Order |
5-10 Pages |
Description/Paper Instructions
The Basics of Telecommunications Accounting
Telecommunications accounting is the process of recording, classifying, and reporting financial transactions related to the telecommunications industry. This includes companies that provide services such as telephone, internet, and cable television. Telecommunications accounting is similar to other forms of accounting, but there are some unique aspects that are specific to the telecommunications industry.
One of the key aspects of telecommunications accounting is the recording and reporting of revenue. In the telecommunications industry, revenue is generated primarily through the sale of services, such as telephone and internet services. Telecommunications companies also generate revenue through the sale of equipment, such as cell phones and other devices. In order to accurately record and report revenue, telecommunications companies must have a clear understanding of the pricing and billing of their services.
Another important aspect of telecommunications accounting is the tracking of costs. Telecommunications companies have significant costs associated with the operation of their networks and the provision of services. These costs include things like the cost of equipment, the cost of maintaining and upgrading networks, and the cost of customer service. In order to accurately track these costs, telecommunications companies must have a good system in place for monitoring and tracking expenses.
In addition to revenue and costs, telecommunications accounting also involves the tracking of assets and liabilities. Telecommunications companies have a significant amount of assets, such as equipment and real estate. They also have liabilities, such as loans and other forms of debt. In order to accurately track and report on assets and liabilities, telecommunications companies must have a good system in place for monitoring and tracking these items.
One of the unique aspect of telecommunications accounting is the tracking of capital expenditures. Telecommunications companies have significant capital expenditures, such as the cost of building new networks and upgrading existing networks. This requires a good system for tracking the costs associated with these projects, as well as the projected benefits that will result from these projects.
Another unique aspect of telecommunications accounting is the tracking of regulatory compliance. Telecommunications companies are subject to a wide range of regulations, such as those related to pricing, service quality, and customer privacy. In order to comply with these regulations, telecommunications companies must have a good system in place for monitoring and reporting on their compliance with these regulations.
Overall, telecommunications accounting is similar to other forms of accounting, but there are some unique aspects that are specific to the telecommunications industry. These include the tracking of revenue, costs, assets, and liabilities, as well as the tracking of capital expenditures and regulatory compliance. To be successful in telecommunications accounting, companies must have a good system in place for monitoring and tracking these items.
In conclusion, telecommunications accounting is a specialized field that requires a thorough understanding of the unique aspects of the telecommunications industry. It involves the recording, classifying and reporting of financial transactions related to the telecommunications industry. It is similar to other forms of accounting but it is unique in its own way, as it requires tracking of capital expenditures, regulatory compliance, and other unique aspects of the telecommunications industry. With accurate and efficient accounting practices, telecommunications companies can make better financial decisions and operate more effectively in this competitive industry.
RUBRIC
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Content (worth a maximum of 50% of the total points) |
Zero points: Student failed to submit the final paper. |
20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. |
30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. |
40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. |
50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. |
Use of Sources (worth a maximum of 20% of the total points). |
Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. |
5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. |
10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. |
15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. |
20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. |
Grammar (worth maximum of 20% of total points) |
Zero points: Student failed to submit the final paper. |
5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors |
10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors |
15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. |
20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. |
Structure of the Paper (worth 10% of total points) |
Zero points: Student failed to submit the final paper. |
3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. |
5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper |
7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. |
10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper. |
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The Basics of Telecommunications Accounting
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