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2 years ago

If you were in top management, which type of computer-based information system would you use?

1 answer:

4 0

If you were in top management, Executive Support Systems (ESS) information system would be use. Executive support systems (ESS) are computer-based tools that enable top executives to quickly access internal and external data that is important for making strategic decisions and carrying out other executive duties.

Employee self-service (ESS) is a popular human resources tool that gives staff members access to a variety of job-related tasks, including updating personal information, applying for reimbursement, and accessing formerly largely paper-based benefits information. assisting people in a crisis management to meet their basic needs for survival bringing together families split up by the calamity.

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In recording an accounting transaction in a double-entry systema.the number of debit accounts must equal the number of credit ac

Elodia [21]

Answer:

c. The amount of the debits must equal the amount of the credits.

Explanation:

a. The number of debit accounts must equal the number of credit accounts.

An account means one record entry of a transaction. There may be more credit or more debit accounts, depending on the transactions.

b. There must always be entries made on both sides of the accounting equation.

Although this happens most often, it is not always true.

The Accounting Equation: Assets = Liabilities + Owner's Equity

The two sides are separated by the equal sign. There can be a transaction that's only on one side. Example:

I buy a chair for $50 cash. Only the furniture and cash accounts are affected, and they are both on the assets side.

c. The amount of the debits must equal the amount of the credits.

This must always be equal. When you increase an asset (debit), you will increase owner's equity (credit). When you decrease an asset (credit) you could either decrease owner's equity or liability (debit).

d. There must only be two accounts affected by any transaction.

This is untrue. Sometimes, three or more accounts can be affected. For example, if I buy a chair, giving $20 down payment and borrowing $30 from the bank. The three accounts affected are furniture (increase by $50), cash (decrease by $20), and bank loan (increase by $30).

4 0

3 years ago

Donna manages the service desk and makes routine decisions related to customer refunds and merchandise returns. Donna also overs

Oksana_A [137]

Answer: B- First-Line

Explanation: A first-line Manager is directly above non-managerial workers . They have a key role to play in the organisation ensuring effective and efficient operation, and setting the standard for how things are done.

First line managers are an important source of information about worker satisfaction for management to take into account in their organizational planning process as they daily interact with the non managerial workers.

5 0

4 years ago

A store sells 2500 packages of a dozen paper towel rolls per year. It

Virty [35]

Answer:

The business should order the inventory 25 times per year in a lot of 100 to minimize the inventory costs.

Explanation:

To calculate the lot size that minimizes the inventory cost, we will calculate the economic order quantity (EOQ) which is the order quantity that a business should order in each order to minimize the inventory related costs. The EOQ can be calculated using the attached formula,

EOQ = √[(2 * 2500 * 20) / 10]

EOQ = 100 packages

The lot size for each order should be 100 to minimize the inventory costs.

We can calculate the number of reorders per year by dividing the total annual demand by the EOQ.

Number of orders = 2500 / 100

Number of orders = 25 times

8 0

3 years ago

Say Mary would like to create a scholarship for $2,500 per year at ECU in her family's name. If the money market rate where the

Furkat [3]

Answer:

the amount that she have to donate is $166,666.70

Explanation:

The computation of the amount that she have to donate is shown below:

Donation amount is

= Annual scholarship ÷ (interest rate - inflation rate)

= $2,500 ÷ (5.5% - 4.0%)

= $2,500 ÷ 1.5%

= $166,666.70

hence, the amount that she have to donate is $166,666.70

We simply applied the above formula so that the correct value could come

And, the same is to be considered

4 0

3 years ago

An individual actually earned a 4 percent nominal return last year. Prices went up by 3 percent over the year. Given that the in

jenyasd209 [6]

Answer:

Actual real after tax rate of return is 0.657%

Explanation:

Use fisher method to compute real return:

$Real\ return=\frac{1+nominal\ return}{1+inflation}-1$

$Real\ return = \frac{1.04}{1.03}-1$

=0.00971 or 0.971%

Calculate after tax return as shown below:

Federal tax rate is 28% or 0.28 and state tax is 6% or 0.06.

After tax return = 0.00971×(1 - 0.28) ×(1 - 0.06)

= 0.00657 or 0.657%

3 0

4 years ago