What are the important feature of a perpetual system?

Q: what are the process of system flowchart?

A: System flowchart is the diagrammatically representation of how data (or information) flows from one…

Q: What is a NIC?

A: NIC:  NIC stands for network interface card. NIC is an electronic device that provides circuit to…

Q: Explain AMENDMENT OF TIME FRAMES?

A: Time frame is the slot if time under which something has to occur or planned. Here, time frames…

Q: What islockbox system?

A: Banks provide various services to the organizations such as lock box facility, overdraft facility,…

Q: What are the use of time series?

A: Time series is a sequence of different points which occurs at successive orders at different time…

Q: What is the difference between a perpetual and a periodic system?

A:

Q: What is FIFO?

A: FIFO is a type of inventory management system where stock purchased earlier will be sold first and…

Q: What is the mechanism via which Naics operates?

A: It is about the mechanism via which Naics operates:

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: What is internalization?

A: Internalization: It happens when an individual directs an exchange itself, as opposed to sending it…

Q: Explain what internal and external linkages are.

A: Interior linkage alludes to everything just in extent of an interpretation unit. Outside linkage…

Q: What is the project’s MIRR?

A: Rate of return is the expected result of any investment or project. It can be negative or positive.…

Q: and maint system?

A: Given information : Initial expenditure = $20 million Time period = 180 years Periodic expenses =…

Q: What was the purpose of creating the EDGAR system?

A: Definition:   Electronic Data Gathering, Analysis, and Retrieval (EDGAR) are the electronic filing…

Q: What is nonoperating assets?

A: Non-operating assets are the assets that are not required or in use for normal business activity.…

Q: What is Flip's Operating Cycle?

A:

Q: What are the distinguishing features of a legacy system?

A: Legacy system:   It is an old method technology computer system. It can also be called an…

Q: What is Continuous Compounding?

A: Continuous compounding: Continuous compounding is a kind of compounding countless number of times in…

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: What is scalability?

A:

Q: What is multiple IRRs?

A: Multiple IRRs IRR is a discounting rate at which an amount of investment equals PV of the future CF.…

Q: What is alpha transfer?

A: The term ‘Alpha’ refers to the active return on investment. In other words, the excess return from…

Q: What is the LIFO conformity rule?

A: Last-in-First-Out (LIFO): In this method, items purchased recently are sold first. So, the value of…

Q: What is the EBIT?

A: The income generated by a business in the course of normal operations, after deducting the direct…

Q: What conditions increase the demand for reliable information?

A: Nowadays it is very difficult to trust someone. cheating and frauds have become so common. which…

Q: perating cycle?

A: Definition: Operating cycle: Days by which, a business can be able receive inventory or sell it or…

Q: what is Reference control ?

A: I assumed as a question, as what is meant by the reference  to cost control?

Q: What are the advantages of real-time processing?

A: Real Time Processing: Real time processing is performed in conditions where the transactions in the…

Q: What is skimming?

A: Skimming: It is the fraudulent process under which the employees of the company steal the cash from…

Q: How can forwardrates be used for hedging purposes?

A: SOLUTION:- Risk management is the main stimulus for forward contracts. Forward contract is a…

Q: Which of the following is related to science systems of maintaining account?

A: a) Single Entry System: A single entry system of accounting is a method of maintaining book keeping…

Q: What are internal controls?

A: Internal Control: Internal control refers to the plan of a company. Implementation of an effective…

Q: Define : Perpetual system and Periodic system

A: Inventory is one of the current asset of the business. It includes inventory of raw materials, work…

Q: What is a just-in-time management system?

A: Cost management system:   The system or unit of the entity which is responsible for management of…

Q: What is the NAV?

A: NAV full form is net asset value The detailed explanation is explained in step 2

Q: What is the project's NPV?

A: Net Present Value: It represents the measure of the profitability of a project or investment in…

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…