What was the purpose of creating the EDGAR system?

Q: What are the fundamental objectives of all information systems?

A:

Q: Why can the formal announcement of a new system technique be crucial?

A: Formal Announcement:   Formal announcement in context to a new system technique means to make the…

Q: Why are CMOs overcollateralized?

A: CMO is the abbreviation used for collateralized mortgage obligation. It uses collaterals which are…

Q: What is the purpose of EDI?

A: Transparency in electronic data exchange: Expanding EDI enables suppliers to get access to a buyer's…

Q: What are the key limitations of an internal control system?

A: Internal Control: A mechanism to maintain the goals of an entity in terms of organizational…

Q: What is the advantages and disadvantages of turnkey systems?

A: Introduction; A turnkey system is when the company develops, builds, and tests a manufacturing…

Q: What are the scopes of the IPSASs?

A: Financial Accounting- It is the branch of accounting that records events of financial nature that…

Q: Which of the two machines should be installed?

A: Probability for installing two machines will be: = Probability×Returns(1+risk free rate)Time

Q: were the various tools used in ERP system?

A:

Q: What are POS Systems? Enumerate their advantages versus manual data collection systems.

A: Introduction: A point of sale (POS) system is used to monitor sales and receive consumer payments.…

Q: What are the main costs and limitations of implementing ABC systems?

A: Activity Based Costing: Activity based costing is one of the methods of costing to identify the…

Q: What is the mechanism via which Naics operates?

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

Q: What are the objectives of application controls?

A: An application control consists of compactness and validity checks, identification, authentication,…

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: How to solve (d) - (e)?

A: Cost   Activity   Rate   Labor related costs           270,000          27,000               10…

Q: What is internalization?

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

Q: Why was EDI devised?

A: EDI: EDI or Electronic data interchange refers to as a system designed to share encrypted…

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 are the different techniques of computing interest?

A: The different techniques of computing interest of explanation:

Q: When did GNMA come into existence? What was its original function? What is its main function now?

A: Introduction: The given question is related to the concept of real estate finance and investments.…

Q: What are the functions of the PCAOB?

A: Introduction PCAOB stands for Public Company Accounting Oversight Board. This is a private…

Q: Explain what is meant by the term “system”. How do subsystems, systems and systems of systems…

A: Accounting Information system is a set of components used for gathering, making, storing, preparing,…

Q: what is the purpose of the conceptual framework?

A: The conceptual framework is comprised of six Financial Accounting Concepts statements that serve as…

Q: Who were Modigliani and Miller (MM), and whatassumptions are embedded in the MM and Millermodels?

A: Introduction: Capital structure relates to financing of the overall activities and development of a…

Q: What are the benefits and drawbacks of turnkey systems?

A: Here is the Answer

Q: What is the Baumol model, and how is it used?

A: The Baumol model, also known as the Baumol-Allais-Tobin (BAT) model, is a cash management model. In…

Q: what is technology in your own words?

A: Technology: Making, modifying, employing, and gaining knowledge of tools and machines, techniques,…

Q: What is a CMO?

A: A collateralize mortgage obligation (CMO) refers to a type of mortgage-backed security that contains…

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 exactly are the advantages and disadvantages of turnkey systems?

A: Here are the advantages and disadvantages of turnkey systems:

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: Why the IPSASB developed the IPSASs?

A: SOLUTION- IPSAB = INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARDS BOARD WORKS TO IMPROVE PUBLIC…

Q: Explain how Naics Works?

A: OMB created NAICS as a standard for Federal statistical agencies to use in identifying businesses…

Q: Define the term lnvesting activities? Explain with an example?

A: Investing activities are the activities in a business which involves investment done during a…

Q: What is the NAV?

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

Q: What do you understand by IFRS?

A: Financial reporting: Financial reporting is a process of preparing reports which disclose financial…