Based on related to Merit System practices, would you say that the system works well? Why or why not? Present your argume
Q: Distinguish between quantitative and qualitative factors in decision making.
A: Qualitative Factor:Qualitative factors are those factors which cannot be expressed in the financial…
Q: What are three important pitfalls to avoid when implementing a balanced scorecard?
A: Balanced Scorecard:Balanced scorecard is a management and planning strategy for organizational…
Q: Discuss the impact of different measurement choices on relevance, faithful representation,…
A: The usefulness of data produced by a measuring method is determined by how it impacts the financial…
Q: (Audit) When we are looking for completeness how do we match them up?
A: Audit is the term which is used in accounts and it is defined as examination of the different books…
Q: Answer asap please, With the use of examples, differentiate between: Theoretical expertise and…
A: Sharing and rapid knowledge growth are made easier by information technology. Information technology…
Q: Which of the following is covered under diversity management?
A: Diversity management: Diversity management is said to be the act of an organization that purposes to…
Q: How do you integrate the different valuation approaches into a report? Explain it.
A: The valuation approach is a method used to determine the fair market value of a business. Most…
Q: Distinguish between perfection and practical standards.Which type of standard is likely to produce…
A: Variance: Variance refers to the difference level in the actual cost incurred and standard cost.…
Q: What are the important guidelines for Selecting a MARR?
A: It places a base gainfulness prerequisite on the discount rate, or MARR, which a venture or…
Q: Explain in detail, using examples where possible, the difference between hedging, speculation
A: In the world of finance and investments hedging and speculation are important concepts. Many…
Q: If you were given complete authority in the matter, how would you propose that GAAP should be…
A: Generally Accepted Accounting Principles (GAAP): A set of accounting principles, practices and…
Q: Please study and complete the following table by stating whether the characteristics of the…
A: SOLUTION- DECISION MAKING - IT IS THE PROCESS FORMULATING RESOLUTIONS WITH IN THE SCOPE OF INFLUENCE…
Q: A principle that is concerned with information that should be significant enough to affect…
A: Accounting Principles: These are the methods, guidelines, and rules that shall be followed by the…
Q: Explain the qualitative factors in decision making.
A: Qualitative factors are a result of definite actions that are complicated or impossible to…
Q: Explain the difference between setting ideal standards and setting reasonably achievablestandards.
A: Definition: Note: Ideal standard denotes the setting ideal standards and normal standard denotes…
Q: Discuss the importance of the weights assigned to factors in the final selection process. What…
A: Final Step in the Selection Process: The analysis of facts and the selection of the best package are…
Q: Describe the critical factor in evaluating whether a performanceobligation is satisfied.
A: Performance Obligation: Performance obligation means a promise to transfer goods or services.
Q: Why not divide the overall design into multiple user viewpoints if you're doing user research?
A: HERE IS THE ANSWER
Q: What is one objective of an appraisal program? a. having tho
A: What is the one Objective of an appraisal program ? a. having the employee feel more valued b.…
Q: Explain the importance of the review and evaluation process.
A: Introduction The financial plan monitoring for workplace review and evaluation is found essential to…
Q: Which among the following is a form related attribute of good information? a. Relevance b.…
A: The attribute of good information are: Accuracy Completeness Consistency Uniqueness Timeliness
Q: With regard to ratings agencies, explain the external agency rating process.
A: Rating agencies are the companies that help in determining the financial strength of the company; it…
Q: To be useful, information must have which of the following fundamental qualitativecharacteristics?a.…
A: To determine the useful information must have the following fundamental qualitativecharacteristics…
Q: Required: (a) Appraise the decision usefulness of FIFO versus weighted average method, based on the…
A: This problem requires the comparison of the First-in, First-out inventory and the weighted average…
Q: What is an engagement quality review?
A: When it comes to an engagement quality review, a reviewer should evaluate the significant judgements…
Q: Do you think that the Balanced Scorecard approach can be employed to evaluate the performance of…
A: Yes, the Balanced Scorecard approach can be employed to evaluate the performance of Bell Division.…
Q: Compare and contrast the structured design approach and the object-oriented approach. Which do you…
A: Given question is about the difference between the structured design approach and the object…
Q: relate to merit system practices would you say that the system works well why or why not present…
A: The system of merit ensures that the selection is grounded on the ability of the person only to…
Q: For each of the following pairs of information characteristics, give an example of a situation in…
A: Financial accounting:- Financial accounting includes recording, collecting, summarizing and…
Q: Discuss drawbacks/difficulties of Cost- Benefit Analysis used under Utilitarian Approach in Ethics.
A: Cost benefit analysis: It is the technique that is used to compare the project cost and benefits…
Q: If an information provides feedback about previous evaluations, it is said to have: a. Relevant…
A: Confirmatory value arises where the information provides feedback that confirms or changes past or…
Q: The underlying theme of the conceptual framework is: a. decision usefulness. b. understandability.…
A: CONCEPTUAL FRAMEWORK DESCRIBE HOW THE INFORMATION SHOULD BE PRESENTED AND DISCLOSED IN FINANCIAL…
Q: What is SAVANT Framework and what do you understand about it?
A: SAVANT stands for strategy, anticipation, value-adding, negotiating, and transforming. It was…
Q: Identify the appropriate qualitative characteristic(s) being described in the statements below.…
A: A account balance or a transaction is said to be material if misstatement of such account or…
Q: omparing relevance and reliability, which information quality is most important? Support your answer…
A: Reliability of information relies on appropriate information being provided to managers so that they…
Q: Which one of the following is not a part of Feasibility Analysis in relation to system development?…
A: A practical range to which a project can be performed successfully is termed feasibility. It is used…
Q: Select the best answer for each of the follwing items and give reasons for your choice. a. Which of…
A: Attest services are independent reviewing of financial statements of a company conducted by…
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- Critically examine the principle of Accountability in public administration For the principle examine a) The meaning and its importance in public administration b) Applicable laws (constitution and FAAA) in Kenya c) Application in judicial decisions/case lawsAnswer of the following question related to these characteristics and constraints. Donald Kirk, former chairman of the FASB, once noted that “. . . there must be public confidence that the standard-setting system is credible, that selection of board members is based on merit and not the influence of special interests . . .” Which characteristic is implicit in Mr. Kirk’s statement?Discuss the basic assumptions of CVP analysis and how can we use CVP analysis in making decisions in a not-for-profit organization, as well as a for-profit organization?
- 1. Describe the Existing Board of IFRS (IASB members and the role of them)2. In detail, what's the reason for choosing the Netherland as a member of the first IASC.3. What's the role of IFAC to support IASC4. In detail, What's the latest issuance of IASB (reasons and benefit)?5. what are the future projects of IASB (what & why)?Discuss the role of the government in supporting MFIs to realize the intended goals citing what MFIs need to do to remain relevantGood Governance: Definition and Characteristics Participation. ... Rule of law. ... Transparency. ... Responsiveness. ... Consensus oriented. ... Equity and inclusiveness. ... Effectiveness and efficiency. ... Accountability.With the listed characteristics of good governance above, choose one and explain in not more than 3 sentences.
- Presented below are three models for setting GAAP. 1. The purely political approach, where national legislative action decrees GAAP. 2. The private, professional approach, where GAAP is set and enforced by private professional actions only. 3. The public/private mixed approach, where GAAP is basically set by private-sector bodies that behave as though they were public agencies and whose standards to a great extent are enforced through governmental agencies. Instructions a. Which of these three models best describes standard-setting in the United States? Provide justification for your answer. b. Why do companies, financial analysts, labor unions, industry trade associations, and others take such an active interest in standard-setting? c. Cite an example of a group other than the FASB that attempts to establish accounting standards. Speculate as to why another group might wish to set its own standards.Given the chance to be part of the MIS Organization, what position would you apply for and why?15) In the e-government audit approach; the key indicators of the user level’s assessment are all of the following, except: Select one: a. Visitor base growth rate b. User satisfaction c. Awareness d. User recommendation