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Lerok [7]
3 years ago
15

Cy Burspace first began working for Epic Electronics in the mid-1970s as a business technology specialist. Today, he is the depa

rtment head for the company's information systems department. Cy is well known and respected by everyone in the company, and his coworkers recently threw a party to honor his 40th year with Epic. Cy did a lot of reminiscing at the party, telling the newer employees how things were done in the "old days," and comparing them to newer methods. "I'm still amazed at how things have changed. When I first came to Epic, we had a central computer to handle everything. It took up a whole room, but all it really did was generate financial reports for management," said Cy. "Today, employees have their own personal computer, and all are hooked up to a network. All of this connectivity has led to big improvements in our operations. For example, if a production worker wants to find out how many units of a particular component we have in inventory, or wants the name and address of a particular supplier who sells us that component, he or she can get the information in the blink of an eye. In fact, we have even given our suppliers and customers access to our network so that we can share information and provide them with better service. That change has really helped us compete against the bigger firms." "Now," Cy continued, "most of the workers in my department don't even have to be at the office to be connected. We have smartphones and laptops so we can do much of our work from home or while we are on the road." A new employee asked Cy if he was ready to retire. "No way," he said. "I'm in the middle of a major project right now. We're trying to design a single entry point for people to use when logging on to the Epic network. We want to set it up so that the log-on procedure identifies different types of users and automatically gives them access to the types of resources they need. For example, customers who logged on would be allowed to place orders, check on the status of previous orders, and interac
Business
1 answer:
34kurt3 years ago
4 0

The set it up  or the access that one can use to be able to know the log-on procedure and  identifies different types of users and also automatically gives them access to the types of resources they need are:

  • The use of Discretionary Access Control (DAC)
  • Rule-Based Access Control.
  • Identity-Based Access Control.
  • The use of a a Program where all User Accesses the System is only by  an Individual Account:

<h3>What is the Access Control Systems  about?</h3>

The use of the Discretionary Access Control (DAC) is known to be one that place some measures of control into the business owner's discretion or hand.

So, The set it up  or the access that one can use to be able to know the log-on procedure and  identifies different types of users and also automatically gives them access to the types of resources they need are:

  • The use of Discretionary Access Control (DAC)
  • Rule-Based Access Control.
  • Identity-Based Access Control.

Learn more about user access from

brainly.com/question/11314884

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produces considerable inefficiency in the use of scarce resources. effectively harnesses the incentives of workers and entrepren
gladu [14]

Complete Question:

The market system:

A. produces considerable inefficiency in the use of scarce resources.

B. effectively harnesses the incentives of workers and entrepreneurs.

C. is not consistent with freedom of choice in the long run.

D. has slowly lost ground to emerging command systems.

Answer:

B. effectively harnesses the incentives of workers and entrepreneurs.

Explanation:

An economic system can be defined as a series of governmental or societal arrangements and a coordinating mechanism used for the allocation of available resources, economic inputs, goods and services across a particular country. The economic system differs according to the method used to coordinate economic activities and who the factors of production belongs to.

Generally, there are basically two (2) main types of economic systems and these are;

1. Command systems.

2. Market systems.

The market system effectively harnesses the incentives of workers and entrepreneurs because workers are able to engage in division of labor and are well compensated for their efficiency in service while the entrepreneur are usually rewarded with an increase in sales and profits.

The market system allows participants to have property rights such as trademarks, patents and copyright. Also, market systems are regulated by the competition among individuals (traders or entrepreneurs) and this gives direction to the market as they pursue self interests and are independent.

7 0
4 years ago
All of the following situations contribute to the need for a company to recognize deferred revenues, except for:
blondinia [14]

Answer: C) mutually unexecuted contracts between buyers and sellers.

Explanation:

Mutually Unexecuted contracts refer to a situation where both parties being the buyer and the seller have not executed their parts of the bargain or rather fulfilled their parts of the contract.

In such a case, even though legally, there is an obligation to perform due to the signing of a contract, Accounting wise, there is no need to record a liability.

This is why Mutually Unexecuted contracts do not contribute to the need to recognize deferred revenue.

7 0
4 years ago
The head of accounting at delores inc. is computing a value that represents the company's financial performance for the previous
Nesterboy [21]
<span> In this scenario, the mean as a measure of central tendency will be least effective as an accurate representation of financial performance.
</span><span>The mean is a measure of central tendency that is the average for a sample.
</span><span>In this specific case the mean is not effective measure because there is a huge difference in the financial performance in the last month compared to the previous months.So the mean would not give the real picture.</span>
5 0
3 years ago
Identify which of the following statements is true. a. A nonresident alien can be an S corporation shareholder. b. A partnership
sdas [7]

Answer:

a. A nonresident alien can be an S corporation shareholder. (However, generally, we can't see non resident aliens owning shares, but it is not illegal.)

c. An S corporation can have more than 100​ shareholders, since families are treated as a single shareholder.

Explanation:

A nonresident alien is a person who is not a U.S. citizen and does not pass the green card or substantial presence tests used to determine tax status and citizenship. Foreign Students are a good example for this.

these non residents usually do not hold ownership in corporations.

The term "S corporation" means a "small business corporation".

S corporations limit is 100 members, however, since the family members are treated as "individual one person", the number 100 could change in the practical scenario.

The option d is obviously wrong!

Option b is incorrect as well. Corporations and Partnerships can not own stake in S corporations.

4 0
3 years ago
The investing public generally understands that it is very difficult for auditors to detect fraud, so investors do not hold audi
tia_tia [17]

Answer:

False

Explanation:

"An auditor is a watchdog and not a blood hound". The purpose of conducting an audit is to provide 'reasonable assurance" and not 'absolute assurance' to the management of an entity and users of financial statements.

An auditor cannot be held liable for any misstatement or fraud if he proves that he did his work diligently, and acted bona fide, and as per the evidence available to him, arrived at such an opinion.

But, in cases wherein an auditor has acted grossly negligent or colluded with management or window dressing of accounts, such auditor would be held personally liable and accountable. For e.g Enron case.

5 0
3 years ago
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