One of the principles of Management Reporting is, report should be self contained. Explain this principle
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Q: d. Steps involved in classification of ABC analysis?
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A: There are two different questions, I would go with the first question, Here, I would design the num...
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A: Simply put, batch processing is the process of completing a set of tasks all at once. It's considere...
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A: Emotional intelligence (otherwise known as emotional remainder or EQ) is the capacity to get, use, a...
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Q: The efficiency rate of the training centre. ii. The utilisation rate of the centre.
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Q: Given the following history, use a three-quarter moving average to forecast the demand for the third...
A: 3 -period moving average forecast = At-1+At-2+At-33 Where, At-1= Actual data of previous period t ...
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Q: Identify how changes within an organization affect the OM strategy for a company. For instance, dis...
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- One of the objectives of Management Reporting is that, reporting serve as a record. Explain this specific objective.What is Special Reports in management reporting? Give an example on how to make special reportWhich of the following best describes the difference between financial accounting and tax accounting? Financial accounting is what managers use for internal, decision making purposes while tax accounting is used for creditors, investors, and the general public. They are both used for income tax reporting purposes, and they are both required by the SEC to be issued and made public so that they can be used by creditors, investors, and the general public Financial accounting is used for income tax reporting purposes and tax accounting is used by managers for internal, decision making purposes. Financial accounting is used by creditors, investors, and the general public, while tax accounting is used for income tax reporting purposes None of these answers is correct
- Which of the following is not a required item to be communicated by the auditor tothe audit committee or others charged with governance?(1) Information about the auditor’s responsibility in an audit of financial statements.(2) Information about the overall scope and timing of the audit.(3) Recommendations for improving the client’s business.(4) Significant findings arising from the audit.Which of the following is not referred to in the management’s responsibility paragraph? a. Design, implementation and maintenance of internal control relevant to the preparation and fair presentation of financial statements b. Selection and application of appropriate accounting policies c. Effectiveness and efficiency of operating decisions d. Making of reasonable accounting estimatesWhy are visual aids (graphics) important in formal business reports?
- 25.The financial statement that displays the revenues and expenses of a company for a particular period of time is: a.Fund Flow Statement b.Income statement c. Balance Sheet d.Cash Flow StatementAll of the following contents are present in a sales report except ________ . a. Work-plan Component b. Salary Statement c. Progress Report d. Expense ComponentThe Front Matter of a report contains all the sections of the report which come before the body of the report Select one: True False
- Heather is looking for a summary of her customers' open balances. Under which report category heading will she find the report she needs? A. Business overview B. Who owes you C. Sales and customers D. For my accountantWhich of the following is most likely not an objective of financial statements? A. None of the above B. To provide information about the users of an entity’s financial statements. C.To provide information about the performance of an entity. D. To provide information about the financial position of an entity..An HR director is outsourcing recruiting efforts to a staffing organization and is charged with implementing the staffing organization project/initiative. The original plan had been to eliminate in-house staffing personnel, but, at the hiring managers' request, the HR director has decided to maintain a small in-house team of corporate recruiters who will work with the staffing organization. This will provide continuity for the hiring managers in the organization. The HR director must facilitate the integration of the staffing organization team with full-time personnel from the organization. The staffing organization team will consist of recruiters, sourcing professionals, and administrative assistants led by a staffing organization manager.The staffing organization recruiters manage the intake of open positions from the hiring managers. The in-house corporate recruiters assess open positions for fulfillment. The corporate recruiters often bypass the staffing organization manager to…