Answer:
Latoya is responsible for her company’s human resource information system. She wants to expand the system’s usefulness and is preparing a recommendation to add data-mining applications. What does data mining involve?
a) analyzing large amounts of data, such as employee pay and performance
Explanation:
An information system is a combination of components that work collectively in the storage, transfer and processing of data. Information systems have various features including data mining which is a major component. Data mining can be defined as the process which data input is converted into useful information or output. In a company situation, there is usually large blocks of data. Going through these data blocks manually can be very tedious and time-consuming , thus costly. In most organizations however, they utilize data mining to break data down into simpler information that can be understood in a short time.
Data mining works by going through large data blocks and extracting relevant trends and patterns in them. Data mining has a number of uses, namely; detection of fraud, risk management of credit, and filtering opinion of users. The steps involved include: collection of data, then the data is loaded and stored in organizational servers, then analysts organize the data, then the data is processed using a software and finally the end result is presented in an easy to understand format.
In our case, Latoya is the company's human resource information system manager, thus her data-mining will probably involve analyzing large amounts of data, such as employee pay and performance.
Answer:
$21,177 overapplied
Explanation:
Applied Overheads = Predetermined overhead rate x Actual activity
where,
Predetermined overhead rate = Budgeted Overheads ÷ Budgeted Activity
= $485,060 ÷ 48,506 hours
= $10 / direct labor hour
therefore,
Applied Overheads = $10 x 52,943 = $529,430
Since, Applied Overheads ($529,430) > Actual Overheads ($508,253), overheads have been over-applied by $21,177
Conclusion :
The amount of overapplied manufacturing overhead at the end of the year is $21,177
The accounting information of a privately held company is generally available to all of the following except for A. Competitors.
<h3>What is a privately held company?</h3>
A privately held company is a private company.
It does not sell its stock or shares to the public.
Examples of privately held companies include:
- Sole proprietorships
- Limited liability corporations (LLCs)
- S corporations (S-corps)
- Some C corporations (C-corps).
Thus, the accounting information of a privately held company is generally available to all (governmental agencies, investors, creditors, and lenders) except for A. Competitors.
Learn more about privately held companies at brainly.com/question/4720585
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Answer:
correct option is c) decrease retained earnings by $372 million
Explanation:
given data
income tax expenses = $372 million
actual amount of taxes paid = $412 million
solution
we know that in deferred tax asset taxable income is higher than the financial income
while in deferred tax liability taxable income is lower than the financial income
and we have given expense report is $372 million
and tax paid is $412 million
so the transaction reduce retained earning with same amount
so here correct option is c) decrease retained earnings by $372 million
<span>Of the over-27 million businesses, only 18,500 employ over 500 employees. 18,500/27.3mil = 0.0678%, so subtracting that from 100% leaves 99.9322% of all companies having a workforce under 500 employees. These are the "small businesses."</span>
