Define Single-step format

Q: Distinguish between continuous, batch, and made-to-order processing.

A: In a batch processing, a sequence of steps are followed in a defined order. Continuous processing…

Q: answer each component PLEASE!

A: Note :- As per the bartelby guidelines only first part of the question will be answered.  Given…

Q: Define LIFO conformity rule.

A: Last-in-First-Out (LIFO): In this method, items purchased recently are sold first. So, the value of…

Q: Define the conversion cycle.

A: Accounting:   Accounting is a system, or a process of collecting and organizing economic…

Q: Define discrete compounding

A: Discrete compounding: It alludes to the process by which interest is ascertained at a few settled…

Q: Distinguish between basic and diluted EPS.

A: Earnings per cash (EPS):   The amount available as earnings for each of the common shares…

Q: Requirements: Compute for the basic and diluted EPS.

A: Earnings per share are the earnings of shareholders after all the payments towards expenses…

Q: Describe about the LIFO and FIFO method.

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Q: Define direct write-off method

A: Accounts receivable: Accounts receivable refers to the amount to be received within a short period…

Q: Create a system flowchart of the existing system.

A: Flowchart:   Flowchart is representation of procedures concerned with the transactions in the…

Q: Data flow diagrams employ four different symbols. What are these symbols, and what does each symbol…

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Q: Describe about the basic EPS.

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Q: Name the major subsystems of the conversion cycle.

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Q: Define statement of operations.

A: Financial statements of an organization includes income statement, balance sheet and cash flow…

Q: Define each of the following terms: f. Just-in-time system; outsourcing

A: Answer: Just-in-time system: This is the method for managing inventories. It was developed by…

Q: Name the major transaction cycles

A: In simple terms, the transaction cycle categorizes the basic business processes. It helps in…

Q: Define First-In, First-Out (FIFO) method.

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Q: explain the requirements for segment reporting, and calculate and interpret segmentratios;

A: Definition: Segment reporting: Segment reporting refers to the process of preparing accounting…

Q: Briefly differentiate between activity-based and time-based allocation methods.

A: Allocation method:The allocation method is referred to as the method in which the allocation base is…

Q: Parallel

A: ISTISNA AND PARALLEL ISTINA :

Q: Distinguish between entity relationship diagrams, data flow diagrams, and system flowcharts.

A: Transaction Process System:   Transaction process system can be defined as a system designed to…

Q: se EBITDA MULTIPL

A: We need to compute EBITDA multiple for 2017 and 2018.

Q: A Data Flow Diagram (DFD) is composed of which of the following elements? Select one: a. Data Flows…

A: A Data Flow Diagram (DFD) is composed of the following elements: 1. Data Flows 2. Transformation…

Q: Define window dressing

A: Introduction: Window Dressing is a short period plan to create financial statements and portfolios…

Q: Define common size analysis

A: Financial statements are analyzed to determine the profit earning capacity of the business and also…

Q: What is conversion cycle? describe in detail

A: The main objective of working capital management is to ensure the ability of the company to continue…

Q: Describe the two-tier client-server model.

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Q: Define Double-entry system.

A: Double entry system: Double entry system is a way of accounting or bookkeeping which implies that…

Q: Define two-bin method

A: Inventory: Inventory refers to the stock of goods purchased, utilized and maintained by the company…

Q: Write down the characteristics that defines operating segments.

A: Financial Accounting:   It refers to the process of recording the financial transactions of the…

Q: Give an application for a partitioned database.

A: Database Management: It refers to the process of managing the databases that are held within a…

Q: List the steps involved in view integration.

A: View Integration: Single model which is created for integrating multiple REA diagrams to provide a…

Q: Define Physical location exchange

A: Exchange relates to a platform where the asking and bidding of various securities of different…

Q: Describe the three-tier client-server model.

A: Client-Server Model: A client-server model can be defined as the architecture of distributed…

Q: Define FIFO method

A: FIFO stands for , First in first out method , is an asset management and valuation method in which…

Q: Define call provision

A: The bonds refer to the debt securities that allow the issuer to raise capital from external sources,…

Q: The format of the direc similar to that of the:

A: direct materials budget means the materials that must be purchased, by time or period. It will…

Q: Identify the two main types of software.

A: two main types of software used in accounting -   ** tally software which is application software.…

Q: Give three examples of application controls.

A: Internal Controls: Internal controls are the controls established within an organization to check…

Q: Describe the steps required to apply the compressed APVapproach.

A: Steps required to apply the compressed APV approach: Step 1: Prepare forecasted cash flows As with…

Q: Explain the term single rate method.

A: