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3 years ago

9

When benchmarking a process, it is important to choose another industry similar to yours, so the results will be comparable. Tru

e or False

1 answer:

podryga [215]3 years ago

4 0

I would think it is false

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A company received a proposal for the development of a new software. While analyzing the specifications, it was found that there

choli [55]

Answer:

Agile software development

Explanation:

Agile software development was developed to provide faster software development and accommodate for changes in the software design. In this type of methodology, development teams can easily adapt to meet the new design of the software. The Agile methodology is suitable for projects where flexibility is desired to accommodate changes that can lead to the project evolving.

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3 years ago

Governmental regulations such as the ________ Act mandate archiving business documents and relevant internal communication, in

Leto [7]

Answer:

B. Sarbanes-Oxley

Explanation:

The Sarbanes-oxley act also know as Public company accounting reform and investor protection Act and Corporate and Auditing Accountability, Responsibility, and Transparency Act is a US Federal law that cracks down on corporate fraud. The act gave protection to whistleblowers and strengthened the independence and financial literacy of corporate boards.

The Act mandates archiving business documents and relevant internal communication, including e-mail and instant messages to guard against destruction of evidence to impede a federal investigation.

3 0

3 years ago

Read 2 more answers

Current liabilities are obligations that are reasonably expected to be paid from Existing Creation of Other Current Assets Curre

Alex73 [517]

Answer:

The answer is option C) Yes No

Explanation:

Current liabilities are obligations that are reasonably expected to be paid from Existing Creation of Other Current Assets and not current liabilities.

This is because, Current liabilities are short term liabilities due within a year. They include accounts payable, short term debt and overdraft. This means that payment can only be generated by current assets.

Current assets are also short term assets with a life span of on year. They include accounts receivable an cash.

Therefore, Yes, Current liabilities are obligations that are reasonably expected to be paid from Existing Creation of Other Current Assets.

And No, Current liabilities are obligations that are not expected to be paid from Existing Creation of Other Current Liabilities.

5 0

3 years ago

A process cost summary for a production department accounts for all costs assigned to that department during the period plus cos

tigry1 [53]

Explanation:

The process cost shows the summary of the activities related to the production. It includes the cost of goods completed & transferred units and the ending work in process inventory.

So, the given statement is true

The indirect cost are come under the manufacturing overhead cost. So, it would be charged to overhead control account

Thus, the given statement is false.

The direct labor includes that labor which is directly related to the production process of a product. So the single production department is likely to be a direct labor

Thus, the given statement is true.

To record the allocation of overhead, the following journal entry is required

Work in Process Inventory, Baking Dept A/c Dr $24,500

To Factory overhead A/c $24,500

(Being the overhead allocation is recorded)

The computation is shown below:

= Direct labor cost × allocation rate

= $10,000 × 245%

= $24,500

Thus, the given statement is true.

7 0

3 years ago

systems play a key role in helping organizations achieve goals, which are set forth in a(n) statement. Computers can be used by

Sergio [31]

Answer:

The following are those which helps in playing a key role in helping organizations to achieve their goals:

O. Computers can be used by people at all levels of an organization.

O. Workers use information systems to produce and manipulate information.

O. Managers depend on information systems to supply data that is essential for long-term planning and short-term tactical planning.

O. A decision system helps workers and managers make non-routine decisions by constructing decision models that include data collected from internal and external sources.

O. A(n) engine evaluates the facts and rules to produce answers to questions posed to the system.

O. Using a technique called logic, these systems can deal with imprecise data and problems that have more than one solution.

Explanation:

8 0

3 years ago