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Dovator [93]
1 year ago
14

Which characteristic of an effective accounting information system refers to a system which works smoothly with the business’s e

mployees and organizational structure?
Business
1 answer:
klemol [59]1 year ago
6 0

Compatibility is an effective accounting information system refers to a system which works smoothly with the business’s employees and organizational structure.

Compatibility refers to a steady working system, which is aligned with the business employees, operations, and organizational structure. It is also the salability of any information and technology across the organizations.

Comparability is the level of standardization and effective accounting information which allows the financial statements of multiple organizations to be compared to each other. Thus, it uses hardware and software to effectively store and retrieve data.

Hence, a system not compatible with the organization is doomed to failure.

To learn more about accounting information here:

brainly.com/question/2629744

#SPJ4

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When calculating a project’s net present value, which type of cash flows should be considered? Question 2 options: A) Free cash
irina [24]

Answer:

Operating cash flows

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV is a capital budgeting method used to determine profitable investments

7 0
3 years ago
Mercury Inc. purchased equipment in 2019 at a cost of $400,000. The equipment was expected to produce 700,000 units over the nex
Wittaler [7]

Answer:

See explanation section

Explanation:

We know,

Annual depreciation rate under Units-of-production = Depreciable amount/Overall (expected) production

Given,

Purchase value = $400,000

Residual value = $50,000

Expected production = 700,000 units

Depreciable Amount = $(400,000 - 50,000) = $350,000

Annual depreciation rate = $350,000/700,000

Depreciation rate = $0.50

Thrrefore, Accumulated depreciation from 2019 to 2021 = (100,000 + 160,000 + 80,000)*$0.50

= $170,000

We know, Book value of asset = Cost price - Accumulated depreciation

Book value = $400,000 - $170,000 = $230,000

Again, Loss on sale of equipment = Book value - Sales price

Loss on sale of equipment = $230,000 - $210,000

Loss on sale of equipment = $20,000

The journal entry to record the sale =

Debit Cash $210,000

Debit Accumulated Depreciation $170,000

Debit Loss on sale $20,000

Credit Equipment $400,000

7 0
3 years ago
Read 2 more answers
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faltersainse [42]
I don’t know but you will get it
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A work team can be empowered by keeping roles independent and separate from one another. authorizing the team to make decisions
Olenka [21]

Answer:

Authorizing the team to make decisions traditionally made by managers.

Explanation:

That gives them a sense of leadership and knowing that certain ideas and contributions they make will eventually be valid. It fuels their energy to do more and that helps the company grow which is what the management looks out for.

8 0
3 years ago
Which one of the following parties has ultimate control of a corporation?
mariarad [96]

E) Shareholders

Good luck!!!

7 0
3 years ago
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