Name the three most common ways to segment an organization.

Q: Define each of the following terms:a. Agent; principal; agency relationship

A: Answer: Agent: An agent is one who provides work on principal’s behalf.  Principal authorizes agent…

Q: What are the four hierarchical levels of activity discussed in the chapter?

A:

Q: What are the three major sections of the CAFR?

A: CAFR is basically stands for Comprehensive Annual Financial Report which basically helps in…

Q: Identify the three components of triple bottom line reporting, and provide two examples of…

A: The triple bottom line (TBL) aims to evaluate the financial, environmental and the social…

Q: Describe the three tests to identify reportable operating segments.

A: An operating segment is a company component that engages in business activities to earn revenue and…

Q: What are the three most common forms of responsibility centers?

A:

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

A:

Q: Define statement of operations.

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

Q: Define target company

A: Companies expand by acquiring or merging with other companies. By purchasing companies, company can…

Q: Name three components of a Transaction Processing System.

A: A Transaction Processing System is a set of information that processes the transaction data in the…

Q: List the four types of responsibility centers, and briefly describe each.

A: Types of Responsibility centers: 1) Cost Center 2) Revenue Center 3) Profit Center 4) Investment…

Q: What is a segment of an organization? Give several examples of segments.

A: A segment is a subsection of an organization It can be any part or activity of the organization,…

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

A:

Q: Name the three types of documents.

A: Documents: Document refers to a record of economic activity initiated by an entity. It serves as a…

Q: Identify three activities measures calculated by FCI.

A: Activity measures: Activity measures initially focus on how efficiently the assets are used. For…

Q: Describe the minimum number and types of events that an REA diagram must include.

A:

Q: A documentation tool that depicts the physical flow of information relating to a particular…

A: option a is the correct answer

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: Describe the many parts that come together to produce a complete information system. Where does the…

A:

Q: Describe four decisions for which ABC information is useful.

A: Activity based costing: Activity based costing is a costing method used by the company to assign the…

Q: Define the term operating activities.

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

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: Describe the three-tier client-server model.

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

Q: List and define the seven report attributes.

A: The formal document used for providing information to the managers is called report. The information…

Q: Describe the three methods that managers can use to express CVP relationships?

A: CVP relationships means Cost volume profit relationship. It is a analysis used by management to…

Q: tall and flat organisational structures are two of the most common type of organisational structure.…

A: The major distinction between a tall and flat organizational structure is that: A flat…

Q: Describe a service company, and give an example.

A: Business organization: Business organization refers to the structure of business that the structure…

Q: Evaluate three accounting system controls.

A: A set of interconnected accounting operations and controls is referred to as an accounting system.…

Q: DESCRIBE the three methods (Narrative notes, Questionnaires and Flowcharts) and indicate and explain…

A: Auditing is the process of verifying the financial statements through audit procedures whether they…

Q: Name three types/categories of external stakeholders

A: Stakeholders is the wider term, it means group of people which help to run a business successfully.…

Q: Lists five measurement attributes employed in GAAP.

A: There are three measurement attributes employed in GAAP: Historical Cost Net Realisable Value…

Q: Which information is presented by an organization chart?

A: organisation chart is basically the information bulletin of all the functional departments in an…

Q: List and define the four basic management activities.

A: Definition: Managerial accounting: Managerial accounting is a system, or a process of collecting…