Define each of the following terms: g. Decision tree; staged decision tree; decision node; branch

Q: Differentiate between ROE and ROIC.

A: Return on equity (ROE) is the returns produced by a company on its equity capital. It is expressed…

Q: Define composition

A: Composition: The composition is the act of putting something jointly, or the grouping of rudiments…

Q: Discuss the major characteristics of a theory.

A: Discussion of major characteristics of a theory

Q: Define BOM along with an example.

A: There are different types of BOM based on the specific engineering used in the design process or…

Q: Define each of the following terms:c. Decision tree

A: Decision tree: Decision tree method of arranging a set of consecutive decisions, which is founded on…

Q: Define OLAP, and give some examples.

A:

Q: Explain the Activity Hierarchies with example?

A: Activity hierarchy is a system that is used in the activity based account to keep track on the…

Q: Describe the five-step decision-making process?

A: To take decision means to choose the one between so many alternatives. Decision making is a process…

Q: Describe about the LIFO and FIFO method.

A:

Q: Describe the assumptions underlying CVP analysis?

A: Cost-Volume-Profit Analysis (CVP Analysis): CVP Analysis is a tool of cost accounting that measures…

Q: Explain the purpose of the conceptual framework.

A:

Q: Define each of the following terms: c. Signaling hypothesis; clientele effect

A: To define the following terms signalling hypothesis and clientele effect as below,

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 five-step sequence in a decision process.

A: Five-step decision-making process:  It does not only help in planning the various activities of the…

Q: Describe the term CVP analysis.

A: Cost-Volume-Profit Analysis (CVP Analysis): CVP Analysis is a tool of cost accounting that…

Q: What is an REA diagram?

A: Accounting is primarily concerned with identifying, recording, measuring, summarizing transactions…

Q: Define Contingencies.

A: Uncertain events refer to uncertainty regarding the occurrence of an event or the data values…

Q: Define attainable set

A: Attainable SetA set of all the portfolios that are possible to be formed by the group of the number…

Q: vertical and horizontal analysis in the given data

A: Horizontal analysis shows changes in numbers from one period to another period in absolute number…

Q: What are roll-forward procedures? Provide some examples

A: Roll-Forward Procedure: Auditors perform procedure to draw out the conclusion from an interim date…

Q: Explain the relationship between cardinality and association.

A:

Q: describe the steps in the fi nancial statement analysis framework.

A: Introduction: The analysis of financial statements refers to the method of reviewing and evaluating…

Q: Explain what is meant by the term decision model.

A: Every business has to take important decisions now and then. A proper understanding of the situation…

Q: Define core applications, and give some examples.

A: Definition: Core application: Core application refers to the operational work and is mainly…

Q: What is the full form of ERP? Explain ERP with examples?

A: ERP means Enterprise Resource Planning, it is a process management software used by organizations to…

Q: Describe the value chain

A: “Since you have posted multiple questions, we will solve the first question for you. To get the…

Q: Discus the elements of GAAS, how does it relate to GAAP?

A: GAAS(Generally Accepted Auditing Standards) :- provides standards by which the prepared financial…

Q: Define staged decision tree

A: Introduction: Usually, a decision tree is a map or table used by people to evaluate a sequence of…

Q: Define branch of decision tree

A: Decision tree analysis is an important tool of analysis in finance. Whenever, we are given different…

Q: What is view integration?

A: View Integration:  Single model which is created for integrating multiple REA diagrams (which were…

Q: Describe about the concept of COGS.

A: Cost of goods sold (COGS): Cost of goods sold is the accumulate amount of all direct cost incurred…

Q: What is the decision rule for IRR?

A:

Q: Distinguish planning decisions from control decisions?

A: Decision Making: Management of the business has to make good decisions for the growth and success of…

Q: What is task-data dependency?

A: The lack of ability of a user to get additional data when their requirements fluctuate is known as…

Q: Define Top-down analysis

A: Introduction: Analyst is the person who gathers the data after they interpret and validate the data…

Q: Define the term precision.

A: Introduction: Precision is the amount of information provided by a number in terms of its digits; it…

Q: What is an allocation base? Give some examples.

A: When we discuss allocation base, it explains about the basis on which the overhead costs are…

Q: Define Prepayments.

A: Step 1 The outflow of money to reduce the liabilities occurred in the current accounting period…

Q: Explain what is meant by the decision pattern ?

A: Decisions patterns is how decisions are made what is psychology behind the decision making.

Q: Define the term value stream.

A: Definition: Stream: A stream is the sequence or series of data elements. Streams are not processed…

Q: What is view modeling?

A: Definition: View modeling: The modeling technique used for the creation of an individual REA diagram…

Q: Define discriminant function

A: DISCRIMINANT FUNCTION- If we have a set of K classes then we may define a set of K discriminant…

Q: How is the process of the NPW measure implemented with the decision rule?

A: As an organization expands, it needs to take important decisions that involve immense capital…

Q: An allocation base:

A: An allocation base is the basis on which Cost accounting allocates overhead costs. An allocation…