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3 years ago

What do you see as the major deficiencies current information systems budgeting and prioritization processes are run

Business

1 answer:

monitta3 years ago

5 0

Answer:

The major challenges with the current information systems budgeting and prioritisation process are:

The focus was overly on how the budgeted monies will be spent and how much return it will bring to the business. Not much thought was given to how the monies required for the expenses will be generated. Budgeting not only looks at the outflow, it examines existing and potential sources of income/revenue. When this is balanced, the company can integrate such into their marketing strategy armed with what information about the market that they possess.
The prioritization is all wrong. Budgeting is because there is are organisational objectives to be met with limited resources.

Because those resources are limited, the said objectives have to be prioritized. Income-generating projects must hold more priority over non-revenue generating activities.

If there is a strategic link between the company's Information Systems upgrade and an increase in its bottom line, then it must be given priority.

Cheers!

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3 years ago

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kaheart [24]

Answer:

A) attractive; timely; durable; and anchored in a product, service, or business that creates or adds value for its buyer or end user

Explanation:

A true business opportunity;

is attractive, must have high profit expectations.
must be durable, should last at least a few years, not only a one time event.
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3 years ago

At the end of April, Cavy Company had completed Job 766 and 765. According to the individual job cost sheets the information is

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Answer:

Instructions are below.

Explanation:

Giving the following information:

Job 765:

Direct material= $5,670

Direct labor= $3,500

Machine Hours= 27

Job 766:

Direct material= $8,900

Direct labor= $4,775

Machine Hours= 44

Job 765 produced 152 units, and Job 766 consisted of 250 units.

Assuming that the predetermined overhead rate is applied by using machine hours at a rate of $200 per hour.

Costs sheet:

Job 765:

Direct material= 5,670

Direct labor= 3,500

Allocated overhead= 200*27= 5,400

Total cost= 14,570

Unitary cost= 14,570/152= $95.85

Job 766:

Direct material= 8,900

Direct labor= 4,775

Allocated overhead= 200*44= 8,800

Total cost= 22,475

Unitary cost= 22,475/250= $89.9

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3 years ago