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- Management accountants help the management of an organization in their planning function through ________________________________. monitoring anti-theft systems strategic planning evaluating costs analyzing profitsGive specific example of Business Analytics application in each of the following : 1. Customer Acquisition 2. Cross sell/Up sell 3. Retention/ Attrition 4. Credit Risk 5. Customer Segmentation 6. Market Basket Analysis 7. Social Network Analysis 8. Fraud Detection 9. Forecasting & Optimization Make a list of the sourcesV4. Hayden Corporation uses an enterprise resource planning (ERP) system. In their audit of receivables and revenues, the auditors have identified the following data elements in the corporation’s database that may be used for data analytics applications: Customer balance Customer credit limit and credit rating Customer total annual sales Customer purchases by date Customer returns by date Customer name Customer shipping address Required: a. Describe two data analytic applications that might be used to audit the existence of receivables and occurrence of sales. b. Describe one data analytic application that might be used to audit the valuation of receivables.
- Question based on Accounting Information System subject . 1. What are the four levels of activity in the pyramid representing the business organization ? distinguish between horizontal and vertical flows of information.2. What is the relationship among data, information and an information system?3. Distinguish between Accounting Information System (AIS) and Management Accounting System (MIS)4. What are the characteristics of good or useful information?5. What are the levels of data hierarchy ?6. Distinguish the roles of internal and external auditors 7. Distinguish between the centralized and distributed approaches to organizing the IT function.Using the following table as a guide, describe for each function (see Figure 11.1): A risk (an event or action that will cause the organization to fail to meet its goals/objectives). A control/process or use of technology that will address the risk. Function Risks Controls and Technology Marketing Finance Billing AR (debit) Sales (credit) Collections Cash (debit) AR (credit)Question 37 options: What is the name of the language for electronic communication of business data that allows companies to report financial informaitn in a sturctured, machine-readable format?
- 19) Comparing your client with the industry can accomplishes which of the following: A) Understanding of the client's business B) Discovery of errors in client's financials C) Better understanding of client's budgets D) Quality of client's internal controlQuestion based on Accounting Information System subject . Required to answer based on your own understanding. 1. What are the four levels of activity in the pyramid representing the business organization ? distinguish between horizontal and vertical ows of information. 2. What is the relationship among data, information and an information system? 3. Distinguish between Accounting Information System (AIS) and Management Accounting System (MIS) 4. What are the characteristics of good or useful information? 5. What are the levels of data hierarchy ? 6. Distinguish the roles of internal and external auditors 7. Distinguish between the centralized and distributed approaches to organizing the IT function.Given below question on accounting information system subject. Answer required based on your own understanding with examples 1. What are the four levels of activity in the pyramid representing the business organization ? distinguish between horizontal and vertical flows of information. 2. What is the relationship among data, information and an information system? 3. Distinguish between Accounting Information System (AIS) and Management Accounting System (MIS) 4. What are the characteristics of good or useful information? 5. What are the levels of data hierarchy ? 6. Distinguish the roles of internal and external auditors 7. Distinguish between the centralized and distributed approaches to organizing the IT function.
- 45. #@- The module plays a central role in an ERP system by collecting business events from other mods financial accounting human resources controlling and profitability analysis customer relationship managementWhen you look at the organizational structure of ABC Inc., you notice that the Marketing department is divided into communications, event planning, marketing, and web content. You also see that the Accounting department has separate units for accounts payable and accounts receivable. ABC Inc. uses ________ departmentalization. Question 9 options: A) product B) geographic C) functional D) customer E) process9.Discuss (i). the notions and purposes of CVP Analysis, and(iii) the Components of CVP Analysis (Break-Even Analysis, Target Analysis, Margin of Safety Analysis, Sales-mix Analysis and others)10. Discuss what forms of relevant information are applicable for business decisions related to Make or Buy Decisions, Accept or Reject Special Orders; Continue or Discontinue Business, and Sell or Process Further, and others
