Recently you attended a presentation by Dr Alex, renowned entrepreneur and business
leader, who spoke at length about the development of an accounting information systems
and, what he referred to as the ‘life cycle approach’. After the presentation you returned
to your workplace and discussed the virtues of this approach with your boss, Lance.
Lance was extremely interested because he has become aware that the current accounting
information systems is inadequate for the developing needs of the business. He asked you
to do a number of things for him in your ‘new role’ as the Accounting Information
Systems Development Officer.
1. Write a brief report identifying the role that would be expected of the management
team in the development and design of a new accounting information system. The
underlying issue is really the role you would expect Lance "your boss" to play.
2. Would you expect that the people who will use the new system should have a role in
any analysis leading up to, in the selection of and implementation of the new accounting
information system should one be selected?
3. Write a clear and comprehensive report on what would be involved in the adoption of
a life cycle approach to adopting a new accounting information system. Specifically
identify the stages that would need to be engaged in, and staff likely to be involved. Lance,
your boss, also wishes to know whether consultant costs would be incurred?

Answer:

No. You need 32 days to meet the additional order, which is slightly more than a month (30 days).

Explanation:

With current manufacture at 50 skis/day,

and total capacity at 60 skis/day,

Excess capacity = 60 - 50 = 10 skis/day

This means in a month of 30 days (since you manufacture 7 days a week, all round), excess capacity can produce a total of 10 * 30 = 300 skis.

Therefore, you will not be able to meet the additional order to supply a second retail store with 320 skis in one month from today.

The number of days required to meet the order of 320 skis = \(\frac{320}{10(excess capacity)}\) = 32 days.

Answer:

to earn a dividend

to earn capital gains

Explanation:

Stocks represent ownership in a corporation. Shareholders are entitled to share in the profits of the business. The portion of profits that shareholders get for contributing capital is the dividend.

Investing in stocks makes one a shareholder and gives them the right to dividends. Investors always select the stocks of companies likely to declare high dividends. Dividends is an important reason why investors opt for shares or stocks.

Stocks of corporations that are performing well financially are likely to increase in price. Investors buy stocks when prices are low and selling them when prices appreciate. That way, they can profit through capital gain.

Dividends and capital gains are the rewards that investors gain from stocks. Interest is earned on deposits and loans.

According to the Coase Theorem if a property right is well defined and transaction costs are low resources will gravitate to their highest-valued use.

According to the Coase Theorem if a property right is well defined and transaction costs are low resources will gravitate to their highest-valued use.

Hence for low transactions costs, resources will be used efficiently, regardless of the property rights. Also, when transactions costs are high, resources will be used efficiently depending on the initial property rights.

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The payback period is the length of time required for the cash returns from an investment to offset its initial cost.

The length of time needed to repay the initial monetary investment is known as the payback period. In other terms, it is the length of time that passes after a machine, facility, or other investment generates enough net income to pay its costs.

The time it takes to recover the money invested is used to calculate the payback period, which ignores the time value of money. For instance, the payback period is five years if it takes five years to recoup the cost of an investment.

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Answer:

2,3,5,6

Explanation:

Answer:

other guy is correct

Explanation:

Answer:

The answer is below:

Explanation:

Given that Porter's Value Chain is a term that describes a carefully designed management tool that categorizes a firm's activities into various practical levels or areas of expertise. Such that the overall cost of each category of operations can be determined and altered if necessary.

Therefore, the different activities of a company to the following two categories of Porter's value chain model are:

Primary activities:

1. inbound logistics

2. operations

3. marketing and sales

Secondary activities

1. technology development

2. procurement

3. human resources

A performance management system typically does not include C. Organizational-profit forecasting.

It should be noted that performance management simply means the monitoring and evaluation of the work of workers.

In this case, a performance management system typically does not include an organizational-profit forecasting.

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The project's initial outlay is -RM5,000, which shows a cash flow a cash outflow.

To calculate the project's initial outlay, we got to consider money streams related with the purchase and adjustment of the substitution machine, changes in working capital, and any rescue value from the existing machine.

Purchase of Substitution Machine:

Cost of substitution machine: RM25,000

Cost of alteration: RM5,000

Total fetched of substitution machine: RM25,000 + RM5,000 = RM30,000

Changes in Working Capital:

Increment in stock: RM20,000

Increment in accounts payable: RM5,000

Net alter in working capital: RM20,000 - RM5,000 = RM15,000 (outpouring)

Salvage Value of Existing Machine:

Sale income from existing machine: RM20,000

let's calculate the initial outlay:

Initial Outlay = Taken a toll of substitution machine + Changes in working capital - Salvage value of existing machine

Initial Outlay = RM30,000 + (-RM15,000) - RM20,000

Initial Outlay = RM30,000 - RM15,000 - RM20,000

Initial Outlay = RM30,000 - RM35,000

Initial Outlay = -RM5,000

The project's initial outlay is -RM5,000, showing a cash outpouring.

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Answer:

An oligopoly firm is similar to a monopolistically competitive firm in that both firms face the prisoner's dilemma. both firms are in industries characterized by an interdependent firm. both firms have market power. both operate in a market in which there are significant entry barriers.

Answer:

8.66435 years

Explanation:

With no annual or monthly contribution, and no inflation, it'll take around this long.

Placing different ideologies from those that support the least amount of government involvement in the economy and society to those that support the greatest amount of government involvement, we have Libertarian, Conservative, followed by Liberal, then finally Socialist.

This is because Libertarian is an ideology that is known for drastic laissez-faire political doctrine. They seek little government interference in every aspect of society.

Conservative is an ideology known for supporting sovereignty over equality. They support capitalism with no government interest in issues relating to business and social welfare policies.

Liberal this an ideology known for advocating for government involvement in education, labor, and social programs. They believe in greater equality of society and are more tolerant of others.

Socialism is an ideology known for supporting the idea of government owning and controlling everything in society, including economic and social issues. They prefer equality over freedom.

Hence, in this case, it is concluded that Libertarian ideology least wants government involvement in the society. At the same time, Socialism is the ideology that mostly wants government involvement in society.

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An independence in fact occurs when independent auditors are able to maintain their actual independence,

This refers to independence of the auditor also known as independence of mind.

Therefore, an independence in fact is when independent auditors are able to maintain their actual independence.

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Recently, gartner research and 1to1 media recognized Microsoft dynamics customer relationship management (crm) and its xrm framework for delivering increased productivity and cost savings for customers worldwide and so on. The Microsoft expert is most likely engaged in the process of "customer needs analysis".

In this process, the expert collaborates with the customer to identify their specific challenges, goals, and requirements for implementing Microsoft Dynamics Customer Relationship Management (CRM).

By understanding the customer's unique needs, the expert can tailor the software solution to address those specific requirements effectively.

Therefore, through the customer relationship management the expert is most likely engaged in the process of "customer needs analysis".

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Valuation mechanisms for NFTs and Metaverse projects are relatively new and evolving, but some methods have emerged that can be used to determine the worth of these digital assets. NFTs and Metaverse projects are two distinct but related areas of the digital asset ecosystem, and they have their own unique valuation mechanisms.

NFTs (Non-Fungible Tokens) are a digital asset class that is becoming increasingly popular. These tokens are unique and cannot be replicated, making them valuable. NFT valuation mechanisms are determined by the following factors:

1. Rarity: The rarity of an NFT is determined by how many copies of it exist. The fewer the copies, the more valuable it is.

2. Scarcity: Scarcity is related to rarity, but it takes into account the number of people who want the NFT. If the demand is higher than the supply, the NFT's value will increase.

3. Popularity: Popularity is another important factor in NFT valuation. The more popular an NFT is, the more people will want it, and the more it will be worth. Metaverse projects are digital worlds where users can interact with each other and the environment.

Valuation mechanisms for Metaverse projects are determined by the following factors:

1. User activity: The number of users and the amount of activity on the Metaverse platform will determine its value.

2. Virtual land: Metaverse platforms allow users to buy and sell virtual land, and the value of this land is determined by its location, size, and popularity.

3. In-game items: Like NFTs, in-game items in Metaverse projects can be rare and valuable, and their value is determined by the same factors (rarity, scarcity, and popularity).

In conclusion, the valuation mechanisms for NFTs and Metaverse projects are based on factors like rarity, scarcity, popularity, user activity, virtual land, and in-game items. However, these mechanisms are still evolving, and new factors may emerge as the digital asset ecosystem continues to grow and develop.

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Answer:

tempering

Explanation:

i was searching g o o g l e and it took a while to figure it out i am sure this is the correct one.

Capitalism and communism are different in their political and economic ideologies. Capitalism and Communism never go together. One of the major differences between capitalism and communism is with regard to the resources or the means of production.In Communism, the community or society solely owns the resources or the means of production. An economic and political system in which a country’s trade and industry are controlled by private owners for profit, rather than by the state is called capitalism. On the other hand, a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole is known as the socialism.In capitalism, the individual’s right is the basic principal, whereas, in socialism, the equality among people is the basic principal. In capitalism, the maximum profits and incomes are for the investors or the individuals, whereas in socialism, the equal distribution of wealth among the people of the country.

The correct option is B. The type of analytics that examines recent and historical data to detect patterns, predict future outcomes and trends, and provide estimates about the likelihood of a future outcome is Predictive analytics.

Predictive analytics is a data analysis technique used by businesses to extract meaningful insights from large datasets and predict future outcomes. It uses statistical algorithms and machine learning techniques to identify patterns, relationships, and trends in historical data, which can be used to make informed decisions and improve business performance.

Predictive analytics helps businesses to forecast future demand, optimize pricing and inventory levels, detect fraud, and identify customer behavior patterns, among other things. By using predictive analytics, businesses can make more accurate forecasts, reduce risks, and make data-driven decisions that are backed by evidence. The process of predictive analytics involves data preparation, model building, validation, and deployment. This can be done using specialized software tools or by partnering with analytics service providers.

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Complete Question:

what type of analytics examines recent and historical data to detect patterns, predict future outcomes and trends, and provide estimates about the likelihood of a future outcome?

A). Descriptive analytics

B). Predictive analytics

C). Prescriptive analytics

D). Buisness analytics

The name of the organization which published abbreviations which are meant to avoid confusion in international business transactions is the International Chamber of Commerce.

In order to facilitate commerce around the world, the International Chamber of Commerce (ICC) publishes a set of Incoterms, which is officially known as the international commercial terms. Thus, globally recognized Incoterms tend to prevent confusion in the foreign trade contracts.

This organization called the International Chamber of Commerce tends to publish abbreviations which are meant to avoid confusion in the upcoming international business transactions.

Hence, the International Chamber of Commerce (ICC) developed Incoterms in 1936.

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Services can be classified according to whether they are delivered by people or equipment, or by business firms or nonprofit organizations.

Services serves as the task or activities that is been delivered to the client in exchange if rewards.

Services can be different based on the organization performing it such banking sector , and classified according to whether they are delivered by people or equipment, or by business firms.

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Answer:

1.Different customers

Answer:

Same Customers

Explanation:

Their product is slightly different but still is pretty much is trying to satisfy the same needs that targets the same type of customers.

The statement is True. More established businesses often rely on an accountant to manage their finances.

As businesses grow and become more established, their financial operations become more complex and require specialized expertise to manage effectively. Hiring an accountant is a common practice for established businesses to handle their financial responsibilities.

Accountants play a crucial role in managing a company's finances. They are responsible for tasks such as bookkeeping, financial reporting, budgeting, tax compliance, and financial analysis. These activities require a deep understanding of accounting principles, regulations, and financial best practices.

By having an accountant, businesses can benefit from their expertise in financial management, ensuring accurate and up-to-date financial records, compliance with financial regulations, and strategic financial planning. Accountants also provide valuable insights and recommendations to make informed financial decisions and optimize their financial performance.

In contrast, smaller or newly established businesses may rely on simpler financial systems and may not require a full-time accountant. However, as businesses grow in size and complexity, the need for professional financial management becomes increasingly important.

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The real value of the money after 7 years, if the money is hidden under the mattress and the inflation rate, is $ 86. 81.

If the inflation rate is 2%, the value of money is expected to decrease by 2% per year.

In 7 years therefore, you can use the future value formula to find the real value of the money to be :

= Value today x ( 1 - rate ) ^ number of years

This gives:

= 100 x ( 1 - 2 % ) ⁷

= $ 86. 81

This means that if you hide $100 under your mattress today, in 7 years, its real value will be $86.81 in terms of what it can buy.

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Answer:

The AutoSum option can be found in two areas: It is contained in the Editing group of the ribbon, as shown in the first example above. It can also be found under the Formulas tab.

Answer:

B. By using deposited money to make loans without reducing the value of the deposits.

Explanation:

got it right on the quiz :)

By making loans with the help of deposits while maintaining the value of the deposits. Therefore, option B is correct.

Fractional reserve system is a banking system in which banks are required to hold only a fraction of their deposit liabilities as reserves in the form of cash or deposits with the central bank, and can lend out the rest of the funds to borrowers.

For example, if a bank has $100 million in deposits and is required to hold a reserve ratio of 10%, it can lend out $90 million and hold $10 million as reserves. This creates new money in the economy, as the borrower who receives the $90 million can deposit it in another bank, which in turn can lend out a portion of the funds.

The fractional reserve system allows banks to earn interest on loans and create more money in the economy, which can stimulate economic growth. However, it also increases the risk of bank runs and financial instability, as depositors may rush to withdraw their funds if they lose confidence in the bank's ability to repay them.

To mitigate this risk, central banks and regulators monitor banks' reserves and require them to hold additional capital as a buffer against losses.

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Answer:

Government actions taken to mange a country’s money supply are called ——Monetary——-policy

Question

Government actions taken to mange a country’s money supply are called ————-policy

Answer

Explanation

Monetary is a government actions that taken to manage a countries by supplying money.

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Gene regulation refers to the processes that control the expression of genes. In terms of a car factory, gene regulation can be compared to how the production of different car models is controlled through checkpoints and other mechanisms.

Checkpoints in gene regulation act like quality control checkpoints in a car factory. Just like how a car factory checks the quality of each car at different stages of production to ensure that each car meets the desired specifications, cells also have checkpoints in place to ensure that gene expression is accurate and regulated.

These checkpoints occur at various stages in the process of gene expression, including transcription, RNA processing, and translation. During transcription, the DNA is transcribed into RNA, and this process is controlled by transcription factors. These factors act like foremen in a car factory, dictating the production of different car models.

RNA processing involves the editing of RNA molecules, which are then transported from the nucleus to the cytoplasm, where they are translated into proteins. The checkpoints in this process ensure that only correctly edited RNA molecules are transported to the cytoplasm for translation.

Translation involves the conversion of RNA molecules into proteins. The checkpoints in this process ensure that only correctly translated proteins are produced, and that the proteins are produced in the correct quantities.

Gene regulation is essential because it ensures that genes are expressed in the correct cells and at the correct time, and that the resulting proteins are produced in the correct amounts. This regulation is necessary because errors in gene expression can lead to a wide range of diseases and disorders.

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