Answer:
All of the following are major features of organizations that impact the use of information systems except for;
d. agency costs
Explanation:
An organization is a formal legal entity with internal processes that utilize resources from the environment, and converts them to output. Information technology on the other hand is the use of technology especially computers to retrieve, receive and transfer data. In large organizations, business processes tend to be redundant and complex to execute using human capacity. Information technology can be used in these situations to ensure that the processes are executed in an efficient and timely manner. There are major features of organizations that impact the use of information systems, namely;
1. Business processes
It can be defined as a collection of people and equipment that work together to produce a desired good or service. The nature of the business process determines the type of information system to be used.
2. Environments
Environments includes all the things inside and outside the organization that impacts the company directly or indirectly. Environment as a feature of organization impacts on how information is processed in that organization.
3. Goals
Since information systems exist to assist the organization in many ways, they have to be designed so that they are in line with organizational goals and objectives.
Answer:
The ending balance in the Allowance for Bad Debts is $29,000
Explanation:
The computation of the ending balance in the Allowance for Bad debts is shown below:
= Estimation of the uncollectible accounts
= $29,000
As for calculating the bad debts expense, the business organization has to do an estimate based on this, the company could create the allowance for bad debts.
The other information which is given in the question is not relevant. Hence, ignored it
Answer:
2) Corporate headquarters preferences, host country/subsidiary preferences, and language skills
Explanation:
It is not easy being an expatriate and many who have been through that experience are not satisfied with it. That is why successful expatriates are considered high value assets by the corporations. Many factors are involved in the expatriate selection process including:
- the most important is the headquarters preferences since they will ultimately be the ones to decide which candidates to select
- the subsidiaries preferences since after the expatriate is selected, .he will go to work there, there is no such thing as a remote expatriate. Subsidiaries that have been operating for several years probably had previous expat experiences and they can contribute to the selection process.
- language and cultural barriers must be accounted for.
Answer:
a. loses any remedy against the lessor for liability established in the suit.
Explanation:
This is because it was lessee's responsibility to inform the lessor in time.
A lessee is in contract with the lessor and is responsible for all the actions taken on behalf of the lessor with the lessor's permission.
If the lessee fails to inform the lessor in time or do any action without his permission then the lessor can sue the lessee or take any other legal action as may be required by the law against the lessee.
In breach of contract the lessee has to face the consequences and pay penalty.
Choice a is the best option.
The lessee can never sue the lessor for his illegal actions.
So option d is incorrect.
b) Delaying the litigation would do no good. It would add to his failures.
Choice c is also incorrect.
Answer:
The first closing entry transfers credit balances in revenue ( and gain ) accounts to the income summary accounts.
Dec 31 Fees Earned $56,000 Dr
Income Summary $56,000 Cr
We bring account credit balances to zero by debiting them. The entry closes revenue accounts and leaves them with zero balances. The accounts are now ready to record revenues when they occur in the next period.
