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3 years ago

"All of the following are reasons that implementing a new ERP may fail except

Business

1 answer:

Andrews [41]3 years ago

4 0

Answer:

Explanation:

ERP , an acronym for Enterprise resource Planning is a system adopted by organization to integrate different parts of the business either in real time or through software.

It has so many advantages towards business growth as well as limitations.

Of the listed options in the question ,the only exception to its limitation is that it may require procedures and reports to be standardized across business units, This is more of benefit than limitation.

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Auditors may decide to perform some tests of controls or not perform any tests of controls, if inherent risk is assessed as ____

Ivanshal [37]

Answer: Moderate or low

Explanation:

Tests of Control are one by auditors to determine the effectiveness of the internal controls in the company in being able to detect accounting errors and anomalies.

If a company seems to have a moderate or low inherent risk the Auditors may or may not initiate Tests of Control due to this reduced risk.

If the company however, has either high or moderate or unusually high risk, the Auditors have to perform Tests of Control to determine where the company is going wrong.

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3 years ago

An entrepreneur borrows $500,000 today. The interest rate is 11.5%. If the entrepreneur makes annual payments of $70,000 per yea

love history [14]

Answer:

After 18.44 year loan will be paid

Explanation:

We have given an entrepreneur borrows $500,000 today.

So total amount is $500000

Annual payment is of $70000

Rate of interest r = 11.5 %

We have to find the time period

We know that total amount is given by

$A=P(1+\frac{r}{100})^n$ , here A is total amount , P is yearly paid amount, r is rate of interest and n is time period

So $500000=70000\times (1+\frac{11.25}{100})^n$

$7.142=1.1125^n$

Taking log both side

$log7.142=nlog1.1125$

$n\times 0.0463=0.8538$

n = 18.44 year

So after 18.44 year loan will be paid

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3 years ago

Minor violations may be granted upwards of _______ days for correction.

Radda [10]

Minor violations that are committed by people could just provide 10-20 days in the correction. However, heinous crimes like murder or homicide or ra pe could lead to reclusion Perpetua or lifetime imprisonment to the guilty or much worse, it could lead to the death penalty which was adopted by some states.

7 0

3 years ago

Read 2 more answers

Which of the alternatives to the modern theory of the firm holds that managers attempt to meet some goal that is defined in term

Schach [20]

Answer:

C. Satisficing model

Explanation:

Satisficing model aims at reaching and receiving the results which makes the desired person satisfied with the results.

It basically provides the company and its management to not only find an optimal solution but a solution which is satisfying for the management.

Thus, in the given instance management sets a prescribed percentage as results they desire for sales, and related profit which further results in desired level of growth.

Thus, this is about satisfactory results that is Satisficing model.

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3 years ago

"Which one of the following items requires an adjustment on the bank side of the bank reconciliation?

ale4655 [162]

Answer:

Deposits in transit

Explanation:

A company's deposit in transit is the currency and customers' checks that have been received and are rightfully reported as cash on the date received, and the amount will not appear on the company's bank statement until a later date. A deposit in transit is also known as an outstanding deposit.

When there is a deposit in transit, the amount should be listed on the company's bank reconciliation as an addition to the balance per bank.

5 0

3 years ago