Accounting and it systems Study guides, Class notes & Summaries

LSUS ISDS 705 Module 2 Complete Answers 1991 Erik Brynjolfsson - Communications of the ACM, "The Productivity Paradox of Information Technology: Review and Assessment" ️the addition of information technology to business had not improved productivity at all Explanations of productivity paradox ️1. Measurement of outputs and inputs 2. Lags due to learning and adjustment 3. Redistribution and dissipation of profits 4. Mismanagement of information and technology 1998 Brynjolfsson...

CISA Exam 85 Questions with Verified Answers Gap Analysis - CORRECT ANSWER Gap Analysis would be the best method to identify issues that need to be addressed in the reengineering process. Gap analysis indicates which parts of current processes conform to best practices (desired state) and which do not. Application Gateway - CORRECT ANSWER An application gateway firewall is effective in preventing applications such as File Transfer Protocols (FTPs) from entering the organization's network....

Order of assets listed on the balance sheet Assets are listed in the order of liquidity. Liquidity is the amount of time it would usually take to covert an asset into cash. Obviously, cash would be listed first, followed by marketable investments (a company can quickly convert a short-term investment into cash). Accounts receivable would be listed next followed by inventory, and long-term investments, fixed assets, and intangibles. Current assets are listed before long-term assets. Current li...

1) Which of the following must be true to properly classify a cost as an “other direct cost”? [Recognize concerns that affect the other direct costs proposed] All of these The proposed cost benefits only the proposed contract work The offeror customarily treats similar costs as “other direct costs” under similar circumstances The contractor’s accounting system segregates “other direct costs” from similar indirect costs 2) Which of these statements below is correct regarding the cri...

D072 Fundamental for Success in Business WGU Exam Questions and Answers | Latest Update Distinguish between personal and organizational ethics. - Answer ️️ -organizational ethics is the application of ethical behavior in a business context and Identify how ethics impacts outcomes in organizations. - Answer ️️ - Speaking the truth, respecting my elders, and never purposely hurting someone are examples of _________ (personal or professional) ethics. - Answer ️️ - Being punctual,...

COP4600 Final Exam – Definition of Terms (100% Correct) COP4600 Final Exam – Definition of Terms (100% Correct) What are the user and system goals in operating system design? - ANSWER - User: Easy to learn and use System: Error-free, efficient What are the two main categories of the services and functions provided by an operating system? Briefly describe them. - ANSWER - User - Functions helpful to the user Resource Allocation - Resources be allocated to users/jobs - Accounting ...

ACCT 3222-3, Wiley, LSU, Exam 1 Questions with 100% Correct Answers 2024 Audit Services - answerservices by an independent CPA that provide financial statement users with (1) an opinion on whether the financial statements are presented fairly, in all material respects, in accordance with an applicable financial reporting framework and (2) an opinion on the effectiveness of ICFR, which enhance the degree of confidence that intended users can place in the financial statements Attestation Se...

ACCT 3222-3, Wiley, LSU, Exam 1 Questions with 100% Correct Answers 2024 Audit Services - answerservices by an independent CPA that provide financial statement users with (1) an opinion on whether the financial statements are presented fairly, in all material respects, in accordance with an applicable financial reporting framework and (2) an opinion on the effectiveness of ICFR, which enhance the degree of confidence that intended users can place in the financial statements Attestation Se...

What does the menu determine? equipment, food, space, personnel needed What are the three degrees of choice when it comes to menus? no choice--nonselective, either cycle or single use. Permits more accurate forecasting, greater control. limited choice--provides choices for some items Choice--selective. better pleases clientele. Can be static or single use or cycle. What is a static menu? Same menu items every day (restaurant) What is a single use menu? When do you use i...

CSIA 300 – Midterm Exam 2024 with Correct Answers Within the realm of IT security, which of the following combinations best defines risk? -Answer- Threat coupled with a vulnerability When determining the value of an intangible asset which is the BEST approach? -Answer-With the assistance of a finance of accounting professional determine how much profit the asset has returned Qualitative risk assessment is earmarked by which of the following? -Answer-Ease of implementation and it can be ...