What are the three types of enterprise?

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 constitutes a dicontinued operations.?

A: Definition:   Income statement: The financial statement which reports revenues and expenses from…

Q: What are unit-level, batch-level, product-level, customer-level, and organization-sustaining…

A: ABC method: ABC method is activity based cost accounting. It's the new method of accounting where…

Q: What is a segment of an organization?

A: Segment: A segment refers to a subsection of an organization. It can be any part or activity of the…

Q: Explain the Activity Hierarchies with example?

A: Activity hierarchy is a system that is used in the activity based account to keep track on the…

Q: What is an operating segment?

A: Operating segment: It is defined as providing information about the business actives with an…

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

A:

Q: What are the major functions performed by the OE/S process?  Explain each functions.

A: Order-to-cash process or revenue process is the process undertaken for making sales and receiving…

Q: Define the term service company.

A: A service company is a business that generates income by providing services instead of selling…

Q: nat is the Production EC Company?

A: The cost of production for any company’s product must be determined in order to control cost and…

Q: What is an enterprise system?

A: Introduction:- An enterprise system, also known as an enterprise resource planning. It handles…

Q: How are the three transaction cycle relate to each other?

A: Transaction Cycle is grouping of similar functions of business together under same head. Transaction…

Q: What are the three cycles of transaction processing systems?

A:

Q: Explain the features ofa corporation

A: Corporation: A corporation is a form of business entity that is incorporated through the state…

Q: What is a transaction?

A: Transaction refers to the business activity which brings change in the business assets, liabilities…

Q: What is meant by the term islands of technology?

A: Definition: Conversion cycle: A set of all processes that is used to collect inputs and convert them…

Q: What is meant by the term activity analysis? Give three criteria for determining whether an activity…

A: Activity analysis: It is the complete classification and description of the activities performed in…

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: What are the primary reasons for segmenting organizations?

A: Market Segmentation:   Market segmentation refers to research that results in dividing the customers…

Q: Can two different entities have the same defining attributes? Explain.

A: Entity in the context of database management implies anything regarding which data is required to be…

Q: which is the most profitable

A: The investment cash inflow is more than cash outflow, it will be more profitable.  Calculation of…

Q: How are the three transaction cyles relate to each other?

A: All type of business whether it is profit or non-profit organization has three types of transaction…

Q: What are the three major OE/S processes and what are the subsidary processes of  each major process?

A:

Q: What are the major functions performed by the OE/S process?  Explain each function.

A:

Q: What is the three-step process of controlling?

A: Introduction: Controlling is referred as terminal management function because it takes place after…

Q: To incorporate,

A:

Q: Give two definitions for enterprise value?

A: Enterprise Value is the measure of a company’s total value. It consider the entire market value of a…

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: What are the operating activities? Give some examples?

A: The statement of cash flows is the statement which shows the change in the cash and cash equivalents…

Q: What are the two dimensions of the activity-based management model?How do they differ?

A: Activity based costing is a type of costing method which allocate indirect cost based on their…

Q: What are the levels of operations performance?

A: There are three levels of operations performance is as follows: Societal level: Social activity is…

Q: Explain the basic concept of ABC analysis.

A: Answer

Q: What three types of objectives are the focus of internalcontrol?

A: Definition: Internal Control is a procedure that provides reasonable assurance that material…

Q: What is organization structure?

A: Organisation structure is a system used to define a hierarchy within an organization. It identifies…

Q: For what purpose are entity relationship diagrams used?

A:

Q: What does operating activities includes?

A: Statement of cash flows: This statement reports all the cash transactions which are responsible for…

Q: Explain the model business coporation act.

A: Corporation: A corporation is a form of business entity that is incorporated through the state…

Q: What are the three primary CBIS functions that must be separated?

A:

Q: What are the three components/aspects of relevance? What are the three components/aspects of…

A: Qualitative characteristics of Accounting Information System:   Qualitative characteristics are…

Q: What are the three internal control objectives?

A: Internal control:  Internal control consists of policies and procedures to  achieve the objectives,…

Q: What is the OLAP operation called consolidation?

A:

Q: What are the two phases of responsibility accounting?

A: Responsibility Accounting: The management of responsibility centers by the means of pre-determined…

Q: What is an entity multiple?

A: Entity multiple: It's moreover called the EV multiple, a degree utilized to calculate a firm's…

Q: What are the three main tasks the operating system performs?

A: