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Dmitriy789 [7]
2 years ago
7

What are two inputs to the solution vision?

Business
1 answer:
Bumek [7]2 years ago
3 0

Customer feedback and Strategic Themes are two inputs to the solution vision.

A high-level architectural plan that addresses present company needs is a solution vision. These requirements include the architectural layer changes. As modifications in architecture are never the intended goal alone, it always has business benefit.

The Vision provides a summary of the developed Solution's potential future state. It reflects the features and capabilities that have been offered to address the needs of customers and stakeholders.

Learn more about solution vision here

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In the context of the types of organizations that do business across national borders, the architecture of the global informatio
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Transnational:

In the context of the types of organizations that do business across national borders, the architecture of the global information system (GIS) in a(n) <u>transnational</u> structure requires a higher level of standardization and uniformity for global efficiency, and yet it must maintain local responsiveness

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Organisations have the following <u>transnational</u> characteristics:

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In 2018, the Barton and Barton Company changed its method of valuing inventory from the FIFO method to the average cost method.
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In Barton and Barton Company's general journal, entry required include:

Debit Retained Earnings Account with $8.2 million

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Being reversal of overstated inventory due to change from FIFO to Average cost method.

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The debit entry to the Retained Earnings Account will reduce the balance by $8.2 million.  The effect of overstating the closing inventory is overstatement of the net income because the cost of sales was understated as a result of the inventory overstatement.

The credit entry to the Opening Inventory reduces the balance to the new balance based on the average cost method of $23.8 million.

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On the other hand, the Average Cost Method, also called the Weighted Average Cost Method, calculates the inventory cost by adding all the period's inventory and dividing it by the quantity for the period.  This gives an average cost which is in turn used to multiply the quantity of inventory at the end of the period to obtain the inventory cost.

Both methods are estimates that produce different results and affect the reported net income differently.  There is always the need for consistency in choosing the method to apply so that reported net income is not unduly distorted.

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When you create a shape, additional
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formatting or editing because that is where you can change how something is placed or appears in the document.

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The trial balance for Splish Brothers Inc. appears as follows: Splish Brothers Inc. Trial Balance December 31, 2022 Cash $340 Ac
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