Identify activities that consume resources.

Q: Define Prior service cost.

A:

Q: Define value of operations, Vop

A: Definition: The Present Value of all future free cash flows which are discounted at the Weighted…

Q: Service- industry example

A: Service industry: A service industry is an economic sector that delivers particular intangible…

Q: Identify the following users as either external users (E) or internal users (I). Managers

A: Definition: Users of information: Users of information can be classified as internal and external…

Q: Describe stakeholder orientation at REI.

A: Introduction: A stakeholder is a person that has an interest in a company and has the ability to…

Q: What does the process of providing this information to external users is called? Describe about it…

A: Financial Reporting System:   It refers to monitoring the financial resources of an organization as…

Q: What are the major functions performed by the OE/S process?  Explain each functions.

A: Order-to-cash process or revenue process is the process undertaken for making sales and receiving…

Q: Define Intrinsic value.

A:

Q: Describe resource dependency theory

A: Resource dependency theory is an important theory in Sociology. This theory helps to study the…

Q: Define statement of operations.

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

Q: Function of human resources management

A: Solution- Human resource management (HRM) is nothing but managing human resources. it's the policies…

Q: Describe about the Enterprise Resource Planning. What are its objectives?

A: Enterprise Resource Planning:   It refers to a framework within an organization where the management…

Q: Define the term internal users.

A: Internal users are people within a business organization who use financial information. Examples of…

Q: Define Development costs.

A: Cost: The amount paid to purchase the asset, install it, and put it into operations, is referred to…

Q: Define tangible.

A: Tangible means anything that can be touched and  seen.

Q: Which of the following costs is relevant in decisionmaking? committed costs accounting costs cash…

A: Following is the answer to the given question

Q: What is a responsibility center?

A: Responsibility center: Responsibility centers are the segment of an organization which is authorized…

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: Define net realization value?

A: Net realizable value means the amount that could be received after deducted all incidental expenses…

Q: That event of management's desired objectives is an example of:

A: Efficiency: Efficiency is the ability to accomplish the result with the usage of the least amount of…

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: Resources are.....

A: The answer for the very short question is given hereunder :

Q: Define operating activities.

A: Explain the meaning of operating activities:Statement of cash flows: This statement reports all the…

Q: Distinguish between Service Projects and Revenue Projects?

A: Service Projects: Service projects are those projects which are carried out for the welfare of…

Q: Define the term operating activities.

A: Operating activities are the functions of a business directly related to providing its goods and/or…

Q: In general, relevant information possesses which qualities?

A: Relevance is an important characteristic of accounting information. It refers to how helpful the…

Q: Explain the concept of active management.

A: Explain the concept of active management.  There are two type of management for stock management One…

Q: key internal and external stakeholders

A: The internal stakeholders of a company are listed as below: Employees, Managers, The board of…

Q: Differentiate essential and non essential activities.

A: There are various types of activities that are performed in an organization in order to achieve the…

Q: ability of the given information to provide a meaningful and useful result.

A: Second option is wrong because objectivity means the ability of the information to be impartial.…

Q: What is an enterprise resource planning (ERP) system? What are the advantages and disadvantages of…

A:

Q: Define the term understand ability.

A: The financial information refers to the data related to the monetary transactions of the business.…

Q: Define agency cost or problem

A: Agency problem is that problem which is a conflict of interest in a relationship where one side…

Q: Give examples of external forces that may affect human resources. Explain them briefly.

A: External forces that affect company human resources are the factors environment which are outside…

Q: Define service sector.

A: Service Sector: The service sector produces intangible goods, more precisely services instead of…

Q: Explain Prudence concept and provide example.

A: Following accounting concepts & principles are used in accounting:     Business entity principle…

Q: ist and define the enhancing qualitie

A: The goal of financial statements is to provide information on the organization's change in financial…

Q: What are support events?

A:

Q: Define strategy.

A: Strategy:Strategy is a technic which is crucial for the success of an organization or firm. Managers…

Q: Define the term value stream.

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

Q: Explain an example of external events.

A: Accounting event is a transaction that is recorded in the books of accounts of the company. There…

Q: Betermine the IMU% needed for this department

A: IMU- Initial Markup is the percentage of markup on the cost of goods sold. That means it is the…

Q: Distinguish between managerial and financial accounting on

A: Basis Financial Accounting Managerial Accounting User and decision maker Outsiders like investors,…

Q: Define agency problems, and describe how they give rise to agency costs.

A: Agency problems occur when the managers use the firm's resources to invest in projects that may not…