Tweet The major objectives of accounting for inventories are the matching of appropriate costs against revenues in order to arrive at the proper determination of periodic income, and the accurate representation of inventories on hand as assets of the reporting entity as of the date of the statement of financial position. Under any system of accounting, financial statements should be fully articulated i. Advertisement And, to achieve the goal, accounts would need to record every single event—related to inventory, in this case—along the inventory cycle: So here we go with journal entries… Raw Material Inventory 1.
Will RFID lead to massive layoffs of workers? What is Automatic Identification? Automatic identification, or auto ID for short, is the broad term given to a host of technologies that are used to help machines identify objects.
Auto identification is often coupled with automatic data capture. That is, companies want to identify items, capture information about them and somehow get the data into a computer without having employees type it in.
The aim of most auto-ID systems is to increase efficiency, reduce data entry errors, and free up staff to perform more value-added functions, such as providing customer service.
There are a host of technologies that fall under the auto-ID umbrella. These include bar codes, smart cards, voice recognition, some biometric technologies retinal scans, for instanceoptical character recognition, and radio frequency identification RFID.
Radio frequency identification, or RFID, is a generic term for technologies that use radio waves to automatically identify people or objects. There are several methods of identification, but the most common is to store a serial number that identifies a person or object, and perhaps other information, on a microchip that is attached to an antenna the chip and the antenna together are called an RFID transponder or an RFID tag.
The antenna enables the chip to transmit the identification information to a reader. The reader converts the radio waves reflected back from the RFID tag into digital information that can then be passed on to computers that can make use of it.
An RFID system consists of a tag, which is made up of a microchip with an antenna, and an interrogator or reader with an antenna. The reader sends out electromagnetic waves. The tag antenna is tuned to receive these waves. The chip then modulates the waves that the tag sends back to the reader and the reader converts the new waves into digital data.
RFID uses the low-end of the electromagnetic spectrum. The waves coming from readers are no more dangerous than the waves coming to your car radio.
RFID is not necessarily "better" than bar codes. The two are different technologies and have different applications, which sometimes overlap. The big difference between the two is bar codes are line-of-sight technology. That is, a scanner has to "see" the bar code to read it, which means people usually have to orient the bar code towards a scanner for it to be read.
RFID tags can be read as long as they are within range of a reader. Bar codes have other shortcomings as well. If a label is ripped, soiled or falls off, there is no way to scan the item. And standard bar codes identify only the manufacturer and product, not the unique item.
The bar code on one milk carton is the same as every other, making it impossible to identify which one might pass its expiration date first. Bar codes are inexpensive and effective for certain tasks. It is likely that RFID and bar codes will coexist for many years. RFID is a proven technology that's been around since at least the s.
Up to now, it's been too expensive and too limited to be practical for many commercial applications. But if tags can be made cheaply enough, they can solve many of the problems associated with bar codes.
Radio waves travel through most non-metallic materials, so they can be embedded in packaging or encased in protective plastic for weather-proofing and greater durability. And tags have microchips that can store a unique serial number for every product manufactured around the world.
Many companies have invested in RFID systems to get the advantages they offer. Back to Top What is the difference between low- high- and ultra-high frequencies? Just as your radio tunes in to different frequency to hear different channels, RFID tags and readers have to be tuned to the same frequency to communicate.
|Reliability of Wikipedia - Wikipedia||Review article Review articles, also called "reviews of progress," are checks on the research published in journals.|
|Here are 365 Creative Writing Prompts to Inspire:||We may receive compensation for products we feature on our website. Writing prompts are useful because we know sometimes it can be hard to think of what to write about!|
|Journal - The Book of Original Entry - Definition, Format and Example - attheheels.com||These prompts first appeared in The Journal Newsletter. What do you like about it?|
RFID systems use many different frequencies, but generally the most common are low- around KHzhigh- Radio waves behave differently at different frequency, so you have to choose the right frequency for the right application.
Back to Top How do I know which frequency is right for my application? Different frequencies have different characteristics that make them more useful for different applications.
For instance, low-frequency tags are cheaper than ultra high frequency UHF tags, use less power and are better able to penetrate non-metallic substances.Literature Circle - Notebook Entry Prompts You are to select five notebook entries to do independently.
Please write the topic number and date at the top of each entry. I really like the idea of a large page-per-day journal and putting an entry on each page each year.
That way you keep the progression year to year all in one book. A bullet journal is good for - People who have a million little to-do lists floating around - People who like pen and paper to-do lists - People who are into goal-setting and habit tracking.
WHAT IS AN ANNOTATED BIBLIOGRAPHY? An annotated bibliography is a list of citations to books, articles, and documents.
Each citation is followed by a brief (usually about words) descriptive and evaluative paragraph, the annotation. An academic or scholarly journal is a periodical publication in which scholarship relating to a particular academic discipline is published.
Academic journals serve as permanent and transparent forums for the presentation, scrutiny, and discussion of research. They are usually peer-reviewed or refereed. Content typically takes the form of articles presenting original research, review articles.
What an alphabet journal entry 26 sentences long with each sentence starting with the alphabet letter as it appears in sequence. Make a list of all the words that are related to or describe heat. Write a story about Texas in the summer using these words.
Places you like