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Elis [28]
3 years ago
7

Data must be converted into information to be considered useful and meaningful for decision-making. There are six characteristic

s that make information both useful and meaningful. If information is free from error or bias and accurately represents the events or activities of the organization, it is representative of the characteristic of
A) relevancy.
B) timeliness.
C) understandability.
D) reliability.
Business
1 answer:
maria [59]3 years ago
5 0

Answer:

it is representative of the characteristic of

D) reliability.

Explanation:

One of the key issues is the reliability of the decisions made. This is a problem that is often overlooked due to the large increase in the amount of data processed by those systems, forcing designers to focus on the efficiency of the systems.

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Cook, Inc., a manufacturer of tires, has given you its most recent annual report in an effort to obtain a sizable loan. The comp
Tcecarenko [31]

Answer:

a. Relevant

Explanation:

The documentary on prime time television that brought awareness to Cook Inc... being defendant in several lawsuits relating to it's defective tyres that has caused vehicles to overturn is a financial information that is relevant.

As a financial analyst, being presented with such information is very relevant and it makes me to consider it as a factor before issuing loan to the organization and also help to garner what the public'e perception of the company stock will be. In addition, the information will help to make predictions about future directions of the company's stock price and, evaluate the company's financial health and earnings potential to be able to pay back the loan if given the loan.

6 0
3 years ago
As of January 1, 2021, Farley Co. had a credit balance of $523,000 in its allowance for uncollectible accounts. Based on experie
trapecia [35]

Answer:

Balance sheet, what amount should Farley report as allowance for uncollectible accounts?

if we take the final balance of accounts receivable   $582000

If the wrotte off difference affects the final balance and we do not register additional expenses. $469000

Explanation:

Credit balance allownace  523000

Allowance for uncollective 3%

 

Wrotte off                               636000

 

Credit sales                         19400000

Allowance for uncollective              3%

                                             582000

 

 

Credit balance                        523000

Wrotte off                                636000

                                             -113000

 

Allownace for uncollectible      469000

4 0
3 years ago
Which of the following is true of work?
Mademuasel [1]

Answer:

a. A job needs to be divided into types of work so that it can be coordinated in some logical way. ==>TRUE.

b. Work is the output that comes from the accomplishment of tasks. ==>FALSE.

c. Work is effort directed toward accomplishing results.==>TRUE.

d. Ideally, the work to be done in any organization should be significantly less than the amount of work that the organization needs to have done.==>FALSE

Explanation:

For a Job to be effectively executed, the steps required to carry out the job needs to be properly outlined, this itemized steps can be regarded as the work that needs to be done to properly execute the job.

Every work done has to be goal oriented, this is done to give the workers a sense of direction and also to avoid wasting time, energy and resources on things irrelevant to the job at hand.

Work done on an organization has to be equal to or more than it had planned to carry out in order to achieve the organization overall objectives.

5 0
3 years ago
Iliana’s gross pay is $2,130 per month. Her deductions total $270. She budgets for $1,000 in fixed expenses and $400 in variable
nexus9112 [7]
Lliana saved $460, her gross of which is $2,130 minus her total deductions which is $270. Her fixed expenses which $1,000 we know that it is liability like payment to the bills, the $400 variables expenses can be her food and transportation or other expense that she might need to spend. In calculation, the equation is $2,130 - $270 - $1,000 - $400 = $460
7 0
3 years ago
Read 2 more answers
How have graeter's owners used the four factors of production to build the business over time?
Kaylis [27]
The Graeter's proprietors utilized the four elements of generation to fabricate the business after some time. The four components are arrive, work, capital, and business enterprise. The land is utilized on the grounds that they based the underlying start-up of the organization through their own particular home. They didn't utilize any cash attempting to set up their business.
6 0
3 years ago
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