A control system is a collection of numerous parts connected as a unit to guide or regulate itself or any other system in order to generate a specified output. We all know that controlling is the act of regulating or guiding. Hence, the metric internal audit standard or goal attributes all the given options are correct.
<h3>What is the component of system control?</h3>
Executives may use organizational control systems to assess how effectively their organization is operating, identify areas of concern, and then take action to resolve those problems. Executives can choose from three fundamental forms of control systems: (1) output control, (2) behavioral control, and (3) clan control.
A typical motion control system consists of four fundamental components. The controller, amplifier, actuator, and feedback are the four components. The intricacy of each of these pieces will differ depending on the application for which they are created and built.
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Answer:
Period costs= $48,960
Explanation:
Giving the following information:
Units sold 1,110
Variable selling and administrative expense $ 7
Fixed manufacturing overhead $18,990
Fixed selling and administrative expense $22,200
<u>Under the variable costing method, the period costs include the fixed manufacturing overhead, selling, and administrative costs both fixed and variable.</u>
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Period costs= (7*1,110) + 18,990 + 22,200
Period costs= $48,960
Answer:
15.7 years
Explanation:
We employ a mathematical approach to solve this;
Present value (PV) of $10 per year at start of year, for n years = $100 (lifetime subscription, life = n years)
Now, we need to get the equivalent amount at the end of each year. This is obtainable from the cost of capital. Which is 7% and that is same as 0.07.
Therefore, we are expecting a value of 1+0.07 = 1.07 and this brings the equivalent amount at the end of each year = 10*1.07
Now, this equivalent amount at the end of each year will give;
(10*1.07)(1.07^n - 1)/(0.07*1.07^n) = 100
Where n is the number of years
n = 15.7 years
Answer:
the price of the bananas went up about $0.10 each year
Answer:
Human factors is involved in basic technology, but in Advanced technology system, human factor is not present, once the system cannot access the customer's credit history, that would be he final decision, and it cannot be changed again by others.
Explanation:
Solution
- In basic technology, the credit check relies more on the organization, and it's relationship with its customers, Customer's credit history acts as the base for producing credit decision and it's association with the organization is not relevant to the system.
- In basic technology system. some human factor plays a role to it. but in advanced technology, human factor is not there and if system refuses credit based on customer's credit history then that would be the final decision and cannot be revoked or modified by another clerk.
- In basic technology, credit check is carried out by the Credit department which work with instruction of company's credit policies, but in advanced technology system, the System Logic carries out the decision making