1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alinara [238K]
3 years ago
5

A conversion strategy whereby an organization uses the new system with select users/parts of the organization until issues are r

esolves then later expands use of the new system to the entire organization is known as a:A) pilot strategy.
B) phased strategy.
C) cutover strategy.
D) parallel strategy.
Business
1 answer:
hoa [83]3 years ago
5 0

Answer:

A) Pilot strategy

Explanation:

Under a pilot strategy, before a new system is fully implemented, it is first subjected to testing under a given situation by using it in selective parts of the organization , to assess it's compatibility with the situation or if the system requires necessary changes.

This could also be a kind of experimentation to evaluate the feasibility of a system before deciding upon it's final implementation.

If the system under consideration matches the desired results, the organization proceeds with it's full implementation in the entire organization.

If not, necessary changes need to be incorporated in the system.

You might be interested in
Chapman Company obtains 100 percent of Abernethy Company’s stock on January 1, 2020. As of that date, Abernethy has the followin
kobusy [5.1K]

The consolidation worksheet entries for December 31, 2020, and December 31, 2021 is: Debit Common Stock -Abernethy                           $250000; Debit  Additional paid-n capital – Abernethy $50,000; Debit Retained earnings   $431,110; Credit Investment in Abernethy $731,110.

<h3> Consolidation worksheet entries </h3>

December 31, 2020

Entry S

Debit Common Stock -Abernethy                           $250000

Debit  Additional paid-n capital – Abernethy           $50,000

Debit Retained earnings                                           $431,110

($731,110-$250,000-$50,000)

Credit Investment in Abernethy                               $731,110

(Elimination entry for Abernethy common stock)

Entry A          

Debit Goodwill                                             $107,510

Credit Investment in Abernethy                                            $107,510

($731,110-$250,000+$323,600+$50,000)

(To recognize excess acquisition cost as goodwill)

Entry I            

Debit Equity in Earnings of Subsidiary      $129,000

Credit Investment in Abernethy                           $129,000

(Elimination entry for inter-company income for 2020)

Entry D          

Debit Investment in Abernethy                    $16,000

Credit Dividends paid                                               $16,000

(Elimination of inter-company dividend payments)

Entry E            

No Journal Entry Required

(Unamortized goodwill under the partial equity method)

Entry C          

No Journal entry required

(Goodwill unamortized)

December 31, 2021

Entry S

Debit Common Stock – Abernethy                         $250,000

Debit Additional-Paid-in Capital –Abernethy         $50,000

Debit Retained Earnings –Abernethy                        $431,110

($731,110-$250,000-$50,000)

Credit Investment in Abernethy                             $731,110

(Elimination entry of beginning stockholder’s equity balances of Subsidiary)

Entry A

Debit Goodwill                                                         $145,000

Credit Investment in Abernethy                                $145,000

(To record goodwill balance)

Entry I

Debit Equity in Earnings in Subsidiary                   $176,000

Credit Investment in Abernethy                                $176,000

(Elimination of inter-company accrual for the year 2021)

Entry D

Debit Investment in Abernethy                                $38,000

Credit Dividends Paid                                               $38,000

(Elimination of inter-company dividend payments)

Entry E            

No journal entry is required

Therefore the entries is: Debit Common Stock -Abernethy                           $250000; Debit  Additional paid-n capital – Abernethy $50,000; Debit Retained earnings   $431,110; Credit Investment in Abernethy $731,110.

Learn more about  Consolidation worksheet entries here:brainly.com/question/15128084

#SPJ1

4 0
2 years ago
Precision Camera Services started the year with total assets of​ $120,000 and total liabilities of​ $40,000. The company is a so
eimsori [14]

Answer:

$125,000

Explanation:

Opening values of;

Total assets =​ $120,000

Total liabilities = $40,000

Total equity = $120,000 - $40,000 = $80,000

During the year,

Total revenues = $140,000

Total expenses = $50,000

Withdrawal by owner = $45,000

The amount withdrawn by the owner reduces the owners equity. This may be deducted from the net income.

Net income from the year = $140,000 - $50,000 - $45,000

                                           = $45,000

This will be added to the opening owner's equity to get the closing owner's equity.

Owner's equity at the end of the​ year = $80,000 + $45,000  

                                                               = $125,000

3 0
3 years ago
Eddie just landed his first job out of college, and he’s excited about the position. However, Eddie needs to be dressed up every
Reptile [31]

Answer:

Why is it important to assess various credit options before making a decision on how to pay for

Explanation:

at questions should Selena ask before deciding on this option?

OPTION 3: Get a private college loan from her bank, Wells Fargo, which is currently offering fixed rates between 5.94% and 10.92%

PROS

What questions should Eddie ask before deciding on this option?

OPTION 2: Use $1250 of the $1500 he has saved in an Emergency Fund

PROS

CONS

What questions should Eddie ask before deciding on this option?

OPTION 3: Get a loan from Lending Club at an APR of 24.99%

PROS

CONS

What questions should Eddie ask before deciding on this option?

Selena is about to enter her senior year of college, when all of a sudden she realizes her school raised the tuition cost, and she’s short $6600 in her financial aid package.

OPTION 1: Charge the payments on the joint credit card account she shares with her mom, at a 14.99% APR

PROS

CONS

What questions should Selena ask before deciding on this option?

OPTION 2: Apply for a Federal Student Loan to coverhe’s excited about the position. However, Eddie needs to be dressed up every day and has no appropriate clothes right now. Eddie figures it will cost about $1250 to start a professional wardrobe.

OPTION 1: Open a 0% (for the first 6 months) credit card

PROS

CONS

What questions should Eddie ask before deciding on this option?

OPTION 2: Use $1250 of the $1500 he has sa

Eddie just landed his first job out of college, and he’s excited about the position. However, Eddie needs to be dressed up every day and has no appropriate clothes right now. Eddie figures it will cost about $1250 to start a professional wardrobe.

OPTION 1: Open a 0% (for the first 6 months) credit card

PROS

CONS

What questions should Eddie ask before deciding on this option?

OPTION 2: Use $1250 of the $1500 he has saved in an Emergency Fund

PROS

CONS

What questions should Eddie ask before deciding on this option?

OPTION 3: Get a loan from Lending Club at an APR of 24.99%

PROS

CONS

What questions should Eddie ask before deciding on this option?

Selena is about to enter her senior year of college, when all of a sudden she realizes her school raised the tuition cost, and she’s short $6600 in her financial aid package.

OPTION 1: Charge the payments on the joint credit card account she shares with her mom, at a 14.99% APR

PROS

CONS

What questions should Selena ask before deciding on this option?

OPTION 2: Apply for a Federal Student Loan to cover the cost

PROS

CONSbwls

What questions should Selena ask before deciding on this option?

OPTION 3: Get a private college loan jsiaolqhs alkas

4 0
3 years ago
Hiring decisions at Maarja's Razors are made by Maimu Maarja, the Director of Human Resources. Pay rates are approved by the Vic
barxatty [35]

Answer:

Effective

Explanation:

Segregation of duties (SOD) is an essential part of the effectiveness of internal controls for any business. This integral separation ensures that key processes are performed by more than one person to prevent fraud or financial misstatement. While technology continues to become more sophisticated, the time is now to implement controls that segregate key functions within processes such as cash disbursements, investments, payroll, and many other areas.

Maarja's Razors is implementing effectively the segregation of duties. Key processes are performed by more than one person, and this helps in flexibility of operations.

4 0
3 years ago
Read 2 more answers
An individual who buys goods and services to satisfy unlimited wants and needs would fall into which category in the circular fl
hram777 [196]
I believe thatthe answer is consumer.
3 0
3 years ago
Other questions:
  • Entrepreneurship is: A. managing businesses for others.B. a controlling interest in the ownership of a corporation.C. managing b
    14·1 answer
  • Xerox, the U.S. Postal​ Service, and​ McDonald's have enjoyed significant market power in the past. List and explain three major
    5·1 answer
  • Walker Telecommunications has a quick ratio of 2.00x, $35,550 in cash, $19,750 in accounts receivable, some inventory, total cur
    7·1 answer
  • These are the four stages of the business cycle:
    12·1 answer
  • Licensee Gary advises Buyer Tim that a property Tim is interested in is zoned for commercial use. In fact, Gary does not know wh
    10·1 answer
  • ABC has the following information for the current year: Budgeted indirect costs are $4,000, the budgeted allocation base is 2,00
    7·1 answer
  • Complete the following data taken from the condensed income statements for merchandising Companies X, Y, and Z. For those boxes
    5·1 answer
  • The carrying value of bonds at maturity always equals: Multiple Choice the amount of discount or premium. the amount of cash ori
    10·1 answer
  • Approximately how many new small businesses does the Small Business Administration estimate close during their first year of ope
    14·2 answers
  • The independent variable in the Situational school of leadership is: a. Maturity of the followers b. Clarity of the task c. Time
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!