Which of the following is NOT an advantage of real-time processing files over batch processing?a. shorter transaction processing timeb. reduction of inventory stocksc. improved customer serviced. all are advantages

Q: Discuss some specific examples in which information systems can reduce time lags and how the firm is…

A: Information system is a type of program or software which helps a firm in organising and analysing…

Q: Which of the following are features of a lean manufacturing system?A. Centralized maintenance…

A: Lean manufacturing system is a technology in which production process can be streamlined in order to…

Q: discuss some specific examples in which information system can reduce time lags and how the firm is…

A: There is one specific example of an information system that is helpful to reduce time lags is the…

Q: Weaknesses to a purchase order system

A: Purchase order system is a system begins with creation, processing, follow up and closure of…

Q: Using accounting software is better than preparing reports manually because it is O A. less…

A: For the purpose of keeping and maintaining accounting records, two type of systems will be followed.…

Q: A limitation of transfer prices based on actual cost is that they   Must be adjusted by some…

A: If the transfer price and the actual cost would be same that represents that the company has not…

Q: Various difficulties associated with manual cost accounting system,Please explain the below with…

A: As per our protocol we provide solution to the one question only but you have asked multiple…

Q: part of a process happen without negatively impacting another part? What are some reasons for erring…

A: Lean methodology eliminates waste to the core in a process and ensures that reduction in delays…

Q: What factors influences the decision to employ real time data collection with batch updating rather…

A: Batch Processing through Real Time Data collection system:Real time processing process the…

Q: Company X sees a disruption in its supply chain at the same time it sees a decrease in customer…

A: A supply chain network is an organization of individuals, associations, and exercises that move an…

Q: Under EOQ approaches, order costs can be minimised by placing large, infrequent orders for…

A: GIVEN    Under EOQ approaches, order costs can be minimised by placing large, infrequent orders for…

Q: What are the strengths and weaknesses of a batch process with sequential files?

A: In a sequential file processing in batch mode, the master file is updated by incorporating the…

Q: How do computerized purchasing systems help to reduce the risk of purchasing bottlenecks?

A: Financial Accounting:   It refers to the process of recording the financial transactions of the…

Q: Management and auditor are concerned about inventory control function in automated system? Why? How…

A: Inventory control function in automated system :                   In automated system, inventory is…

Q: eXtensible Business Reporting Language (XBRL)

A: Option A is wrong because the statement is true. XBRL helps to reduce the manual work. Option B is…

Q: The flow of goods through a production process cannot be at a faster rate than the slowest…

A: The Theory of Constraints is a method for determining the most significant limiting factor (i.e.,…

Q: Organization should use scanners and other physical counting technology for small tool inventory…

A: Managing the inventory is a big deal for may organisations because these organisations may have high…

Q: . What is the major advantage of using a perpetual inventory system? a. It provides efficient…

A: Hi student Since there are multiple questions, we will answer only first question.

Q: hink? Justify with

A: QuickBooks Software   Managing Company Accounts is No Sweat With Quickbooks Software With our…

Q: What factor influences the decision to employ real-time data collection with batch updating rather…

A: Definition: Transaction process system: The transaction process system can be defined as a system…

Q: The fundamental EOQ model a. provides for fluctuating lead times during reorder cycles. b. is…

A: EOQ (Economic order quantity): A decision much out the great inventory management. the quantity to…

Q: What are the things that need improvement in Xero Accounting Software?

A: Xero is an accounting software. By using of this software it help business to record business…

Q: A straight rebuy O ocun when an organization has a new need but the customer wants only minimal…

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Q: In a lean environment, process problems are more visible than they are in a traditional environment…

A: Under Lean Environment, only those goods are produced which are in demand.

Q: Payroll is often used as a good example of when batch processing by using magnetic tapes is…

A: Payroll: Payroll refers to the total amount that is required to be paid by the company to its…

Q: Is there a difference between computerized and manual accounting systems? What makes these two…

A: Introduction: The term "computerized accounting system" refers to the use of computer…

Q: Discuss the differences between the revenue cycle activities and operations of a typical "brick and…

A: Brick and motor business refers to the tradional model of business where goods/services are offered…

Q: Companies enjoy many benefits of using JIT. Which is not a benefit of adopting JIT? Ability to…

A: Just-in-time manufacturing system: Just-in-time (JIT) manufacturing system is an approach to…

Q: The advantages to using a partitioned database approach include all of the following EXCEPT a. the…

A: Computerized accounting includes using the computers and accounting software for recording, storing…

Q: Which of the following is an advantage of using a perpetual inventory system A. It is effective with…

A: In this question, we have to find out that from the following options which one is the advantage of…

Q: Generally speaking, companies prefer doing business with customers who: • order small quantities…

A: Customers are the persons who buy goods or receive services from some other person.

Q: A company that uses a just in time inventory system:   A)  has finished goods inventory on hand at…

A: The JIT inventory system provides more efficient use of working capital and enhances cash flow

Q: How does management by exception help to alleviate information overload by a manager?

A: Management by Exception:  The technique used by the manager to restrict the focus to specific…

Q: Which of the following are features of lean manufacturing? Yes or NO a. Maintaining excess…

A: Lean manufacturing is one of the principles used by the manufacturer in order to cut the cost or to…

Q: Efficient customer service could be achieved through avoiding stock outs by making accurate   A.…

A: Stock Out: The simple meaning is: When there is a demand in market for the product but the company…

Q: What specific components should a AIS need to suit a typical company?     inputting; storing;…

A: An accounting information system is a software which is used to -  Collect Store Process Retrieve…

Q: Explain how IT outsourcing can lead to loss of strategic advantage.

A:

Q: Which of the following is not a benefit of using RFID technology: Select one: a. Increasing labour…

A: RFID is a type of wireless transmission in which an item, animal, or human is uniquely identified…

Q: Companies enjoy many benefits from using JIT. Which is not a benefit of adopting JIT? a. Ability to…

A: Just-in-time manufacturing system: Just-in-time (JIT) manufacturing system is an approach to…

Q: Which one of the following is a disadvantage of Mass Production system? a. Higher level of inventory…

A: The production systems are classified into three. They are: Job production Batch production and…

Management Information Systems

While undertaking any business decisions, data is the most important aspect. An information system (IS) is a set of data, computing devices and management methods that support routine company operations. A management information system (MIS) is a specific subset of IS.