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andreyandreev [35.5K]
3 years ago
8

Freeman and Associates is a​ medium-sized construction company specializing in​ high-end custom homes. The bookkeeper handles al

l​ orders, approvals,​ invoices, and payments manually. Which of the following will help the company implement a more streamlined and faster approval system for its financial​ activities?
(a)- Integrating the modules in the financial system
(b)- Dis-integrate the modules in the financial system
(c)- Adding new modules in financial system
Business
1 answer:
ololo11 [35]3 years ago
3 0

Answer:

Answer is a.

Explanation:

The key word here is "streamlined" system. The aim here is to make the company more efficient and effective by  employing faster or simpler working methods, which many times means utilizing more technology or software. So we need to focus on automating a task and eliminate any type of human intervention. As a result we have to integrate the modules in the financial system.

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Answer:

350,000 net income

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Explanation:

We need to remove from the net incoem the non-monetary terms

The depreication is an accounting concept, it doesn't involve cash disbursements, so it is added.

Also the los son disposal doesn't involve using cash so is also removed.

Rule:

to remove a non-monetary expense we should add it.

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Growth rate 2.4%

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Answer:

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Disadvantages of buying business premises

The disadvantages of buying business premises include the following:

  1. Unlike renting, you'll need to come up with a substantial mortgage deposit - this is money that might be used for more important business purposes.
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Explanation:

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