Is it true that, for an ERP system to be effective, it must be completely purchased from a single vendor?

Q: Distinguish between turnkey, backbone, and vendor-supported systems.

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Q: Why can the formal announcement of a new system technique be crucial?

A: Formal Announcement:   Formal announcement in context to a new system technique means to make the…

Q: Distinguish between turnkey and backbone systems. Which is more flexible?

A:

Q: Identify the traditionally segregated duties in noncomplex IT systemsand explain how increases in…

A: In the traditional accounting system, the duties related to the transaction authorization,…

Q: Why are CMOs overcollateralized?

A: CMO is the abbreviation used for collateralized mortgage obligation. It uses collaterals which are…

Q: What's the related cost of implementing database system?

A: This question explains about  the related cost of implementing database system.

Q: How is EDI more than technology? What unique control problems may it pose?

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Q: Which of the following statements about the client-server model is correct?a. It is best suited to…

A: Accounting Information system is a set of components used for gathering, making, storing, preparing,…

Q: What is the advantages and disadvantages of turnkey systems?

A: Introduction; A turnkey system is when the company develops, builds, and tests a manufacturing…

Q: Explain how an IT environment affects the segregation of functions.

A: Segregation of Duties (SoD) is a set of controls and policies intended to ensure accuracy and keep…

Q: How does a lockbox system operates and why a firm might consider implementing such a system?

A: A lockbox system is critical for cash handling. It assists in the collecting of cash from various…

Q: What are the differences between a centralized and decentralized network?

A: Social Network- The term "social network" refers to internet-based networking with friends, family,…

Q: Explain vendor exploitation.

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Q: What is an ERP system?

A: Enterprise Resource Planning (ERP) System: Enterprise Resource Planning System refers to a…

Q: What is the importance of using an isolated environment to perform penetration testing? What are the…

A: Will be explain:

Q: Explain the Diamond model of delegated monitoring

A: The Diamond model is referred to as the model which describes the competitive advantage of the…

Q: What is shared service agreement menas in a internal control system?

A: Internal Control System:-It is a set of rules and protocol which the company and management set for…

Q: What are the main costs and limitations of implementing ABC systems?

A: Activity Based Costing: Activity based costing is one of the methods of costing to identify the…

Q: What is (are) the purpose(s) of maintaining a valid vendor file?

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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: What is system decomposition and subsystem interdependency? How are they related?

A: Decomposition in computer terminology refers to factoring which is the breaking down of a complex…

Q: Explain how an IT environment affects independent verification.

A: Bookkeeping articulations, particularly in enormous and complex associations, can contain unexpected…

Q: Why might a firm decide to implement only certain modules in an ERP system rather than a complete…

A: Enterprise resource planning is software which helps in integrating the transactions of departments…

Q: Which one of the software licenses would ensure a steady,predictable flow of revenue from customers…

A: there are different types of  software licenses - such as  concurrent user license single-user…

Q: Explain the basic characteristics of distributed ledger technology and some of its possible…

A: Here is the Answer for the basic characteristics of distributed ledger technology and some of its…

Q: Which important duties are generally not separated in end-user computing environments?

A: Introduction: End-user computing (EUC) refers to the technology that IT professionals use to…

Q: Which of the following is NOT an advantage ofcommercial software?a. Costb. Independencec.…

A: The software market has infiltrated every aspect of a business or service as technology has…

Q: What is bolt-on software?

A: Software:   Software can be defined as a set of data, programs, and instructions that are used to…

Q: ERP systems are composed of a highly integrated set of standardized modules. Discuss the advantages…

A: Computerized accounting includes using the computers and accounting software for recording, storing…

Q: Explain what is meant by the term “system”. How do subsystems, systems and systems of systems…

A: Accounting Information system is a set of components used for gathering, making, storing, preparing,…

Q: Explain why planning and distributing a mass-market system release is costly.

A: It is Extremely Expensive. Mass marketing is extremely expensive form of marketing and it is usually…

Q: What are the benefits and drawbacks of turnkey systems?

A: Here is the Answer

Q: ntages of using different man

A: Software is combination of many program that works together to achieve a desired function. These…

Q: Networks would be inoperable without protocols. Explain their importance and what functions they…

A: Protocol:   Protocols are the rules and instruction which are formed and followed to send or receive…

Q: Why might firm decide to implement only certain modules in an an ERP system rather than a complete…

A: ERP is a software used by companies in managing their operating activities electronically in a more…

Q: Should system users perform the systems development tasks or should these tasks be left to systems…

A: System Development:  System development is the process by which IT professionals design, program,…

Q: The following are the problems that an Enterprise System is designed to overcome, except O data…

A: Solution: The following are the problems that an enterprise system is designed to overcome: 1. Data…

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

A:

Q: If the system is behind schedule and if each program module is tested and no problems are found, is…

A: When every module is tested severally then they need to be tested along as a full. This is often…

Q: What are some limitations of using the direct write-off method?

A: In order to increase sales generally business enterprises sales the goods on a credit basis. When…

Q: Why is it often difficult to obtain competent and meaningful user involvement in the SDLC?

A: System Development Life Cycle (SDLC): System Development Life Cycle (SDLC) is a system development…