Accounting Information System Assignment 2022

Running head: ACCOUNTING INFORMATION SYSTEM
Accounting Information System
Name of the Student:
Name of the University:
Authors Note:

ACCOUNTING INFORMATION SYSTEM
1
Table of Contents
Analysis and Recommendations Worksheet:.............................................................................2
References and Bibliography:....................................................................................................7

ACCOUNTING INFORMATION SYSTEM
2
Analysis and Recommendations Worksheet:
Ticket Type Total Amount Paid
3-Day pass PADDOCK CLUB™ LOUNGE $ 44,955.00
3-Day pass PADDOCK CLUB™ PREMIUM
SUITE $ 51,950.00
Saturday.Sunday PADDOCK CLUB™ LOUNGE $ 28,050.00
Sunday PADDOCK CLUB™ LOUNGE $ 14,975.00
The above table provides information about the Ticket types and the total amount of
cash that has been paid by the customer for each ticket types. This analysis would eventually
help in determine the level of demand for the type of tickets and understand the relevant
wants of the customers. The analysis has indicated that demand for the 3-Day pass
PADDOCK CLUB™ PREMIUM SUITE is mainly high, where the organisers of Grand Prix
Formula 1 race event would need to increase the exposure in Premium Suite. In addition, the
analysis has also indicated that the 3-Day pass is mainly in demand from customers, which is
directly influencing the revenue streams of the event. Therefore, the analysis has mainly
stated that Two-day packages and one day packages are mainly not in high demand in
comparison to other packages. Hence, the Grand Prix Formula 1 race events should improve
the level of premium suite and Lounge for 3-day events for appropriately create more demand
from customers and increase their ticket sale.