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lisov135 [29]
4 years ago
13

Using the example of your university, give examples of information systems for each of the three levels of scope (workgroup, ent

erprise, and inter-enterprise) discussed in Q7-1. Describe three departmental information systems likely to duplicate data. Explain how the characteristics of these systems relate to your examples
Business
1 answer:
Alex73 [517]4 years ago
7 0

Answer:

Three levels of information systems at university include:

1. The students ICT unit (workgroup)

2. The departmental ICT units (enterprise)

3. The examination and records unit (inter enterprise)

Explanation:

The students ICT units and lab works together by communicating with one another in terms of file transfer, content chat systems and temporal record I keeping and processing.

The departmental information system operates at the higher level as an enterprise because at this stage the users at the work stations can no longer have full access to the platform because it is redefined to accommodate academic and non academic staff who are very useful in managing the data content, as well as keeping the security of these content intact against any form of security threats.

The examination and records unit on the final and higher level is the home server for all information systems security, backup and archive and the communication level regarded as the inter enterprise units. It is the final resort point when every other means of information and record keeping becomes threatened. Hence it is seen as the collation, record keeping and transfer point between one enterprise or department to the other.

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Anka Company uses the LIFO inventory costing method for both its tax reporting purposes and its financial reporting purposes. An
katovenus [111]

Answer:

C. LIFO liquidation

Explanation:

Benson Company uses the LIFO inventory costing method for both its tax reporting purposes and its financial reporting purposes. In its footnotes, Benson Company is required to report the amount at which inventories would have been reported under FIFO method.

The difference between these two numbers is commonly referred to as LIFO Reserve.

LIFO reserve represents the difference in ending inventory using LIFO and ending inventory if FIFO were employed instead.

Third option is the correct option.

LIFO reserve = FIFO inventory cost - LIFO inventory cost

FIFO inventory cost = LIFO inventory cost + LIFO reserve

4 0
3 years ago
During the year, Next Tec Corp. had the following cash flows: receipt from customers, $12,000; receipt from the bank for long-te
Amiraneli [1.4K]

Answer: $6000

Explanation:

Financing activities are all activities that a corporation undertakes to affect the company's long-term liabilities or equity.

You list the following activities

  • receipts from customers
  • receipt from bank for long-term borrowing
  • payment to suppliers
  • payment of dividends
  • payment to workers
  • payment for machinery

Any receipts to customers or payments to suppliers are short-term reimbursements for labor or purchase of product, and as such are not included in the financing activity cash flows. Your payments for machinery are not financing activities either as machinery is not considered a liability, rather, it is an asset for the company.

However, your receipt from the bank for long-term borrowing and payments of dividends affect both long-term liabilities and equity, and those are reflected on the financing cash flows as such

Receipts from the bank for long-term borrowing - $7500

Payment of dividends                                             - ($1500)

Net cash flows from financing activities                - $6000

8 0
3 years ago
g Other things the same, if the exchange rate changes from 6 Chinese yuan per dollar to 7 Chinese yuan per dollar, then the doll
MrMuchimi

Answer:

appreciates and buys more Chinese goods

Explanation:

Nominal exchange rate is the rate at which one unit of currency can be exchanged for another unit of currency.

If exchange rate is 1 dollar for 6 Chinese yuan , it means that 1 dollar would buy 6 Chinese yuan.

If exchange rate now becomes 1 dollar for 7 Chinese yuan , it means that 1 dollar would buy 7 Chinese yuan.

One dollar is now buying more Chinese yaun (7>6). It means that the dollar has appreciated and the Yaun has depreciated.

Currency appreciation is when the a currency increases in value.

As a result the dollar would buy more Chinese goods.

I hope my answer helps you

5 0
3 years ago
Until recently, Rosemarie worked as an accountant, earning $30,000 annually. Then she inherited a piece of commercial real estat
s344n2d4d5 [400]

Answer:

-$12,000

Explanation:

Given that

Annually earning = $30,000

Renting annually = $12,000

Total revenue = $260,000

Total cost = $230,000

The computation of economic profit is shown below:-

Economic profit = Total revenue - Total cost - Annually earning - Renting earning - Renting annually

= 260,000 - 230,000 - 30,000 - 12,000

= -$12,000

6 0
3 years ago
How does lack of a good transportation system cause labour inefficiency (economics)
taurus [48]
Because good transportation will provide jobs so if you do not have a good transportation system there will be lost jobs also a lack of good transportation will increase congestion on roads.
6 0
3 years ago
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