The AJAX Company is considering implementing anew accounting system, which will automate salesprocessing, cash receipts, accounts payable, andcash disbursement procedures. Roger Moore,AJAX’s CIO sent an announcement letter to theAJAX community. In the letter, Moore said: “Ihave contracted with Spartan Consulting Group todo the needs analysis, system selection, and designwork. The programming and implementation willbe performed in-house using existing IT departmentstaff. The development process will be unobtrusive touser departments because Spartan knows what needsto be done. They will work independently, in thebackground, and will not disrupt departmental andinternal audit work flow with time-consuming interviews,surveys, and questionnaires. This promises tobe an efficient process that will produce a systemthat will be appreciated by all users.”RequiredDraft a memo from George Jones, Director of InternalAudits, in response to Moore’s letter.
Critical Path Method
The critical path is the longest succession of tasks that has to be successfully completed to conclude a project entirely. The tasks involved in the sequence are called critical activities, as any task getting delayed will result in the whole project getting delayed. To determine the time duration of a project, the critical path has to be identified. The critical path method or CPM is used by project managers to evaluate the least amount of time required to finish each task with the least amount of delay.
Cost Analysis
The entire idea of cost of production or definition of production cost is applied corresponding or we can say that it is related to investment or money cost. Money cost or investment refers to any money expenditure which the firm or supplier or producer undertakes in purchasing or hiring factor of production or factor services.
Inventory Management
Inventory management is the process or system of handling all the goods that an organization owns. In simpler terms, inventory management deals with how a company orders, stores, and uses its goods.
Project Management
Project Management is all about management and optimum utilization of the resources in the best possible manner to develop the software as per the requirement of the client. Here the Project refers to the development of software to meet the end objective of the client by providing the required product or service within a specified Period of time and ensuring high quality. This can be done by managing all the available resources. In short, it can be defined as an application of knowledge, skills, tools, and techniques to meet the objective of the Project. It is the duty of a Project Manager to achieve the objective of the Project as per the specifications given by the client.
| The AJAX Company is considering implementing a new accounting system, which will automate sales processing, cash receipts, accounts payable, and cash disbursement procedures. Roger Moore, AJAX’s CIO sent an announcement letter to the AJAX community. In the letter, Moore said: “I have contracted with Spartan Consulting Group to do the needs analysis, system selection, and design work. The programming and implementation will be performed in-house using existing IT department staff. The development process will be unobtrusive to user departments because Spartan knows what needs to be done. They will work independently, in the background, and will not disrupt departmental and internal audit work flow with time-consuming interviews, surveys, and questionnaires. This promises to be an efficient process that will produce a system that will be appreciated by all users.” Required Draft a memo from George Jones, Director of Internal Audits, in response to Moore’s letter. |
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
