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BlackZzzverrR [31]
4 years ago
13

MIS is a business function, like accounting or sales, which moves information about people, products, and processes across the c

ompany to facilitate decision making and problem solving. What does MIS stand for
Business
1 answer:
vova2212 [387]4 years ago
7 0

Answer:

MIS stands for "Management information systems".

Explanation:

  • This is indeed an aspect of information technology as well as code which enhances the effectiveness of the operations of the firm.
  • An MIS collects input from numerous online systems, analyses the information as well as publishes data to assist decision-making throughout the administration, is however researching whether these processes work.
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A cpa examines a sample of copies of december and january sales invoices for the initials of the person who verified the quantit
artcher [175]

A CPA examines a sample of copies of December and January sales invoices for the initials of the person who verified the quantitative data. This is an example of a Test of a control

<h3>What is the Test of a control?</h3>
  • Any auditing technique used to assess an organization's internal controls is known as a test of control.
  • Determining if these internal controls are adequate to identify or reduce the risk of material misstatements is the goal of control tests in auditing.
  • For instance, the auditor is working on the audit of ABC's financial accounts and it will begin very soon.
  • Normally, the auditor must complete audit preparation and get audit partner approval before proceeding with the substantive test or conducting fieldwork.

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4 0
2 years ago
Cooper's native country of Evensplitia was much different from the United States. In addition to its higher tax rates, the gover
ra1l [238]

Answer:Evensplitia operated SOCIALISM

Explanation:

Socialism is a political and economic system where every individual in the society controls the factors of production, it's means and distribution eg machinery, tools, factories used to produce goods to directly satisfy human wants and needs.

Here, ownership is acquired either through a democratically elected government or through a cooperative or a public corporation and everyone has shares.

Distribution decisions are made by the government or public corporation and individuals depend on the state for every basic thing. The government determines the output and pricing levels of these goods and services for the benefit of the community.

8 0
3 years ago
What steps to cultivate your mindset are most important for you?
kap26 [50]

Answer:

Focus on the good things. Challenging situations and obstacles are a part of life. ...

Practice gratitude. ...

Keep a gratitude journal.

Open yourself up to humor. ...

Spend time with positive people. ...

Practice positive self-talk. ...

Identify your areas of negativity. ...

Start every day on a positive note.

Explanation:

This is what i found

4 0
3 years ago
The financial information below presents selected information from the financial statements of Pelican Company. Sales revenue du
Fiesta28 [93]

Answer:

Current Ratio 1.05

Receivable turnover days 129 days

Days to collect 2.83

Inventory Turnover days 38 days

Days to sell 9.61

Explanation:

Current Ratio : Total Current Assets / Total Current Liabilities

Current Ratio : 8,250,030 / 7,830,300 = 1.05

Receivable turnover days : ( Accounts Receivable / Total Sales ) * 365 days

Receivable turnover days : ( 4,730,000 / 13,340,300 ) * 365

Receivable turnover days : 129 days

Days to collect : 365 days / Accounts receivable turnover days

Days to collect : 365 / 129 days = 2.83

Inventory turnover days : ( Inventory / Cost of goods sold ) * 365

Inventory turnover days : ( 938,360 / 8,914,195 ) * 365

Inventory turnover days : 38 days

Days to sell : 365 days / Inventory turnover ratio

Days to sell : 365 / 38 days = 9.61

4 0
3 years ago
Given a reserve requirement of 12.5%, a bank currently meets their reserve requirements with $15,000,000 in excess reserves. If
STatiana [176]

Answer:

1.5%

Explanation:

Reserves is the total amount of a bank's deposit that is not given out as loans  

Required reserves is the percentage of deposits required of banks to keep as reserves by the central bank  

Excess reserves is the difference between reserves and required reserves

Total increase in reserve = $15,000,000 + $1,800,000=  $16,800,000

New excess reserve = total increase in reserve x initial reserve requirement) / initial excess reserve

($16,800,000 x 12.5%) / $15,000,000 = 14%

Increase in reserve requirement = 14% - 12.5% = 1.5%

8 0
3 years ago
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