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2 years ago

The procedures for using workgroup information systems need to be understood only by the IT department of an organization.

1 answer:

7 0

False,The procedures for using workgroup information systems need to be understood only by the IT department of an organization.

<h3>What is information systems?</h3>

A formal, sociotechnical, organizational system designed to collect, process, store, and distribute information is known as an information system. Information systems are made up of four components from a sociotechnical standpoint: task, people, structure, and technology.

The field of information systems is concerned with the effective design, delivery, and application of information and communication technologies to solve problems for businesses, governments, and society.

System survey, needs analysis, design, implementation, testing, change, and maintenance are the six major stages of information system development.

To know more about information systems follow the link:

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What type of rule defines how much time can pass between an illegal act and when an individual is prosecuted for that act?

Anton [14]

Answer: Statue of limitations is the correct answer

3 0

3 years ago

A form that contains charges, DOS, CPT codes, ICD codes, fees, and copayment information is called which of the following?

vlada-n [284]

Answer: <em>Option (a) is correct.</em>

Encounter Forms are referred to as printed forms which are utilized to record the charges, which are associated with a patient visit along with other useful information that is further required in order to bill insurance organizations. It also contains DOS, International Classification of Diseases, Current Procedural Terminology codes. These help to save time and record all charges from patient visits.

5 0

3 years ago

Consider an economy with only two goods: bread and wine. In 1982, the typical family bought 4 loaves of bread at 50¢ per loaf an

mylen [45]

Answer:

115

Explanation:

Data provided in the question:

Number of breads bought = 4

Number of wine bottles bought = 2

Cost of bread in year 1982 = 50 cents = $0.5

Cost of wine bottle in year 1982 = $9

Cost of bread in year X = 75 cents = $0.75

Cost of wine bottle in year X = $10

Now,

The CPI is calculated as:

CPI = $\frac{\textup{Cost of basket in the given year (i.e year X)}}{\textup{Cost of basket in the base year (i.e 1982)}}\times100$

thus,

CPI for year X = $\frac{\$0.75\times4+\$10\times2}{\$0.5\times4+\$9\times2}\times100$

CPI for year X = $\frac{\$23}{\$20}\times100$

CPI for year X = 1.15 × 100 = 115

7 0

3 years ago

What two conditions must producers meet for there to be supply of a product?

alukav5142 [94]

<span>Supply is the quantity of a good or service that producers are willing and able to offer for sale at various prices. </span><span>The two conditions that must be met in order there to be supply of a product are:
1. Buyers must be willing for it
2.Buyers must be able to pay for
</span>The Law of supply states that <span>as the price of a good or service increases, the quantity supplied increases, and vice versa.</span>

4 0

4 years ago

The journal entry a company records for the issuance of bonds when the contract rate is less than the market rate would be______

dangina [55]

Answer:

b. debit Cash and Discount on Bonds Payable, credit Bonds Payable.

Explanation:

Since the contract rate is less than the market rate, the bond is issued at a discount. And, the journal entry is shown below:

Cash A/c Dr XXXXX

Discount on bonds payable A/c XXXXX

To Bonds payable A/c XXXXX

(Being bond is issued at a discount is recorded)

When the bond is issued at a discount, we debited the cash account and the discount on bonds payable and credited the bonds payable account

7 0

3 years ago