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QveST [7]
3 years ago
5

MATCH THE ITEMS IN THE FOLLOWING TWO LIST BY MATCHING THE LETTER OF THE INFORMATION QUALITY THE BEST DESCRIBES THE INFORMATION Q

UALITY VIOLATION PRESENTED IN THE SECOND COLUMN. SOME LETTERS MAY NOT BE USED AT ALL AND SOME BE USED MORE THAN ONCE.
Selected Match

b. Accurancy

c. Validity

e. Completeness

d. Relevance

a. Timeliness

Questions:

At Belmont, Inc., warehouse personnel write the picked quantity on the picking ticket as the goods are picked from the shelf. These clerks are not very careful, and the recorded picked quantities are often wrong.

Garth Company has been recording shipments of goods that were not ordered by their customers.

Shipments at Lasting, Inc. are entered into PCs in the shipping department office. The paperwork often gets lost between the shipping dock and the office, and some shipments do not get entered.

Clerks at Fairmont Corp. enter customer orders into PCs connected to the accounting system. The clerks are supposed to enter a code into a field to indicate if the order was mailed, faxed, or phoned in. But they do not always enter this code. Consequently, data on the recorded orders regarding the type of order is not reliable.

Caroline in the shipping department has been given the job of monitoring shipments to make sure that they are shipped in a timely manner. To do this, she uses a monthly report of items ordered but not shipped in the past month.
Business
1 answer:
Andrew [12]3 years ago
6 0

Answer:

Explanation:

a. Timeliness  - Garth Company has been recording shipments of goods that were not ordered by their customers.

b. Accuracy - Clerks at Fairmont Corp. enter customer orders into PCs connected to the accounting system. The clerks are supposed to enter a code into a field to indicate if the order was mailed, faxed, or phoned in. But they do not always enter this code. Consequently, data on the recorded orders regarding the type of order is not reliable.

c. Validity - Shipments at Lasting, Inc. are entered into PCs in the shipping department office. The paperwork often gets lost between the shipping dock and the office, and some shipments do not get entered.

d. Relevance  - At Belmont, Inc., warehouse personnel write the picked quantity on the picking ticket as the goods are picked from the shelf. These clerks are not very careful, and the recorded picked quantities are often wrong.

e. Completeness  - Caroline in the shipping department has been given the job of monitoring shipments to make sure that they are shipped in a timely manner. To do this, she uses a monthly report of items ordered but not shipped in the past month.

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Answer:

C. Job specialization

Explanation:

Employees boredom is one of the disadvantages of job specialization

Job specialization: This can be defined as a situation where an employee focuses on a particular skills or job position in order to become an expert.

Job specialization is as a result of division of labor. Division of labor is the sharing of roles or functions among employees in a firm so as to Improve productivity.

When a particular role is assigned to an employee for a long period of time, the employee becomes an expert as a result of that.

Advantages of job specialization

• Workers produce more when they occupy a specific role.

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Disadvantages of job specialization

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7 0
3 years ago
Varto Company has 12,600 units of its sole product in inventory that it produced last year at a cost of $31 each. This year’s mo
grandymaker [24]

Answer:

It is more profitable to sell the units as-is.

Explanation:

Giving the following information:

Number of units= 12,600

Varto has two alternatives for these items:

(1) they can be sold to a wholesaler for $13 each

(2) they can be processed further for $272,300 and then sold for $34 each.

The first cost of $31 is a sunk cost, it will remain no matter which option is chosen. We will not take it into account for the decision making process.

Option 1:

Effect on income= 12,600*13= $163,800

Option 2:

Effect on income= 12,600*34 - 272,300= $156,100

It is more profitable to sell the units as-is.

7 0
3 years ago
How might a person’s place in the life cycle influence investment decisions?
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Answer:

Student responses will vary, but should include: A young investor has years of earning power and can take greater risks because he/she has time to make-up for losses. An older investor needs more security and current income from their investments because they are using it to retire on or they need it to continually grow so that they can retire.

Explanation:

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Loni owns a software company and has a great idea for a new app. In order to build the app, she will need to hire a computer exp
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Answer:

No, Loni should not take the loan and build the app.

Explanation:

If she borrows $87,000 to build the app, at the end of the year she will have to pay $87,000 x (1+0.15) = 100,050 in principal and interest to the bank.

After selling the app she will get 99,000 - 100,050 = $1,050.

In other words, she will be making a loss.

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