What is meant by the term islands of technology?

Q: Explain CMO Mechanics?

A: Collateralized mortgage obligation: It is a financial instrument that raises funds by…

Q: How is EDI more than technology? What unique control problems may it pose?

A:

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 advantages and disadvantages of  FIFO?

A: First-in-First-Out:  In First-in-First-Out method, the costs of the initially purchased items are…

Q: Which of the following is an expected advantage of implementing IFRS?

A: International Financial Reporting Standards, also known as IFRS, basically represents the standards…

Q: What does the process of providing this information to external users is called? Describe about it…

A: Financial Reporting System:   It refers to monitoring the financial resources of an organization as…

Q: What are the differences between a centralized and decentralized network?

A: Social Network- The term "social network" refers to internet-based networking with friends, family,…

Q: What is FASB and where does it get its power?

A: FASB:  FASB is also called a Financial accounting standards board setup to provide standards and…

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: How can development projects be differentiated from one another in the marketplace?

A: How development projects are distinguished from one another in the marketplace:  Business designers…

Q: What do you mean by electronic data interchange?

A: Accounting information systems: Accounting information systems collect data from different events…

Q: How much of FTB?

A: Answer:

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 benefits result from decentralization?

A:

Q: Define the term NPW?

A: Cash flows are the cash generated from the operation of the business organisation. In other words,…

Q: What is the heart of ERP system?

A: Given: It is necessary to inquire about the element at the core of the ERP.

Q: What is the efficient frontier?

A: The term efficient frontier is used in relation to professor Harry Markowitz's Modern Portfolio…

Q: What are the different techniques of computing interest?

A: The different techniques of computing interest of explanation:

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 GAAP and why it is needed?

A: GAAP - Generally Accepted Accounting Principles

Q: What is scalability?

A:

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: How can knowledge open doors ?

A: Solution- Knowledge something that can open many doors, knowledge gives you more opportunities in…

Q: Blockchain is a technology that?

A: Blockchain ( Chain of blocks ) : It is a system which records the message , text or information in a…

Q: What is full form of CIP? Explain about it.

A: Carriage and Insurance Paid to is the full form of CIP

Q: what is technology in your own words?

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

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: What is meant by the term decentralization?

A: Decision-making process:Decision making can be defined as the process of making choices through the…

Q: What are the types of external user?

A: Entity needs to prepare a financial statement for the use of internal and external decisions making.…

Q: What exactly are the advantages and disadvantages of turnkey systems?

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

Q: Why the IPSASB developed the IPSASs?

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

Q: What are the benefits and drawbacks of FIFO?

A: Introduction: First-in-First-Out:  In First-in-First-Out method, the costs of the initially…

Q: What is the objective of reengineering?

A: The reengineering is also known as Business Process Reengineering (BPR) and it refers to an effort…

Q: What purposes does the systems project proposal serve? How are these evaluated and prioritized? Is…

A:

Q: What is the purpose of the FASB’s conceptual framework?

A:

Q: What are the strengths and weaknesses of infrastructure as an asset class?

A: Infrastructure as an asset is an investment in services, installations, and facilities. There are…

Q: What is Fintech? Examples of Types, Products & Regulations

A: Finance is the system that deals with financial services, investments, and instruments. It is a…

Q: What is meant by diffusion? Why it is important in the context of a technological innovation

A: Diffusion is considered when important part in understanding markets and characteristic of isigment…

Q: what are the technological inventions that can be used

A: Quality is a focal concentration at SCGC and their organizer, Richard Hoover, verifies that this…