Discuss and give examples on tje 3 fundamental information system objectives

Q: Describe the purpose of the AICPA. What is the AICPA’s primary function?

A: The American Institute of CPA (AICPA) is a non-profit organization of Certified Public Accountants…

Q: Create a concept map about PAS/IAS 2 Inventories.

A: IAS 2 is an international financial reporting standard produced and disseminated by the…

Q: Describe about the basic EPS.

A:

Q: Explain the purpose of each of the layers in the OSI protocol model.

A:

Q: What are the key features of POS system

A: POS System: It helps in integration of sales monitoring, analytics and reporting, data management of…

Q: Describe WACC and its components.

A: WACC: The weighted average cost of capital (WACC) is a computation of   cost of capitalof a company…

Q: List the primary users of the FRS, and discuss their information needs.

A:

Q: Briefly describe the key elements of an operating plan

A: An operational plan is an everyday objective planned to achieve the decisions made in the strategic…

Q: Differentiate the following terms - External and internal information

A: Internal data is information generated from within the business, covering areas such as operations,…

Q: Explain the purpose of the conceptual framework.

A:

Q: What can be understood from Integrated disclosure system.

A: Integrated disclosure system: It is an update in the security exchange commission’s guidelines to…

Q: grity of information. policies, plans, procedures, law ssets. efficiency of onerations

A: Segregation of duties is an internal control measure. It refers to the division of duties among more…

Q: Explain how copmany approch to planing and its mission can be translated inti action plans

A: Planning: Planning refers to the process which helps in bridging the gap between the point the…

Q: acti

A: On September 1 LGS gives loan to Eden co of 11000 at an interest rate of 7 percent per annum.…

Q: SLO-4.2. A necessary element of internal control is ODatabase OSystems design. OSystems analysis.…

A: Internal control is a set of procedures followed to achieve efficiency and effectiveness in the…

Q: Discuss any data integrity, internal control and reporting concerns associated with XBRL

A: Data integrity states to the validity as well as accuracy of the data over its lifecycle. In short,…

Q: Discuss and give examples on the 3 fundamental information system objectives

A:

Q: iscusd the various sources of data for the FRS output and how these data are processed into…

A: Financial Reporting System: The financial reporting system (FRS) overviews the financial resources…

Q: Summarize what are the MACRS guidelines?

A: The MACRS (Modified Accelerated Cost Recovery System) is the current tax depreciation system in the…

Q: An information system must meet three fundamental objectives. Discuss why three objectives cannot…

A: Information System Information system refers to a set of factors or components used for data…

Q: ptual Framewor

A: A conceptual framework is a written or visual representation of how variables should interact.…

Q: What are fundamental tasks of data base managment ?

A: “Since you have asked multiple question, we will solve the first question for you. If youwant any…

Q: Explain an example of source documents.

A: Source documents: The documents which contain evidence of accounting data to record the transactions…

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: Make 1 suggestion on how to improve NTT’s organization structure/situation?

A: A framework that specifies that certain tasks are guided in order to accomplish an organization's…

Q: Define embedded options

A: Embedded options are considered to be very much beneficial for both individuals as investors &…

Q: Explain how changesin activity affect c ontributionm argin and net operatingincome.

A: Contribution Margin is the amount of margin from sales revenue after deducting variable expenses.…

Q: Describe the primary roles of the PCAOB.

A: PCAOB indicates to a non-profit organization stated in US and set up by Sarbanes-Oxley Act in…

Q: Which of the following is typically NOT part of an ERP’s OLAP applications? a. decision support…

A: ERPs OLAP Application:   OLAP stands for Online Analytical Processing which helps in analyzing…

Q: Identify special issues related to LIFO.

A: LIFO (Last in First out): In this method, the units bought last are sold first. In other words, in…

Q: cialty

A: A deal is called good if the net return from the…

Q: Prepare SFP

A: Financial statement means the trading and profit and loss account and balance sheet of the company…

Q: Explain how a Requirements Breakdown Structure (RBS) is typically constructed. What information does…

A: Necessities are conditions or assignments that should be tended to and finished to be acknowledged…

Q: Discuss your insights about the FMEA

A: FMEA: Failure Modes and Effects Analysis (FMEA) is a method that is both systematic and proactive,…

Q: Document flowcharts

A: Document flow charts are categorized under system flow charts.

Q: Explain the objectives of FIFO method.

A: First-in-First-Out: In First-in-First-Out method, the costs of the initially purchased items are…

Q: Define Source documents.

A:

Q: Explain the concepts and principles which underlie the SMEs standard

A: The concept and principle of sme standard are as follows

Q: Describe management’s discussion and analysis (MD&A).

A: Management of the organisation is required to prepare Management discussion and Analysis (MD&A)…

Q: Discuss management responsibilities.

A: