Identify and explain 10 negative impacts of implementing a software-based Accounting Information System in a company that has manual processes for the sale, store and delivery department.
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Identify and explain 10 negative impacts of implementing a software-based Accounting Information System in a company that has manual processes for the sale, store and delivery department.
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- Financial risk management please answer question b and cExplain 8 impacts of implementing software-based Accounting Information System (AIS) solution in a company that sell medical equipment and have manual processes for the sale, procurement, store and delivery department.According to the Real Estate Settlement Procedures Act (RESPA), which of the following information is required for a completed application for an extension of credit? A) A bank statement B) The purchase contract C) The borrower's date of birth D) The mortgage loan amount sought
- The Production Manager in collaboration with other Senior Management officials has developed a bonus scheme which serves as guide to operational officers who meet their target at the end of every accounting year. This information was circulated to all the operational members through their official emails for their attention. Kojo, an operational officer of the Production Unit had a ride from the Production Manager on his way home. In the absence of any conversation for the first five minutes while enjoying the ride with his Production Manager, Kojo decided to seek further clarification on the new bonus scheme developed by Management. Explain the type and category of organizational communication structure adopted by management in disseminating information to the operational officers, highlighting the importance of the category of organizational communication structure? Determine the type of organizational communication structure adopted by Kojo?How can the management ensure that the redundant and out-of-date information flows are identified and terminated during financial reporting process?The cash collection cycle is the number of days it takes to collect accounts receivable. The measure is important for tracking the ability of a business to grant a reasonable amount of credit to worthy customers and collect receivables on time. ELABORATE the advantages and disadvantages of the collection agency for an organization.
- What term is used to describe the recording and tracking of business activities?An example of a management information system should be provided (MIS)Which item of personal property is not excluded under Coverage C of the Dwelling Program? A: Credit card or fund transfer card loss in any amount when stolen. B: Manuscripts. C: Animals, birds or fish owned by the insured. D: Mausoleums owned by the insured.
- Discuss the importance of financial statements to a company and its investors and creditors and whymanagement may take steps to improve the appearance of the company in its financial statements.OA OB ts is CORRECT about a Business Income Coverage Form? It must be written on a Special Form It provides coverage for losses that occur up to 30 days after the policy expires. It provides coverage for income interruption at any location owned by the insured. It provides coverage for income interruption from physical damage only at the location describeFor each of the following, journalize the necessary adjusting entry: (a) A business pays weekly salaries of $22,000 on Friday for a five-day week ending on that day. Journalize the necessary adjusting entry at the end of the fiscal period, assuming that