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Natali5045456 [20]
3 years ago
6

Mark is approaching the implementation phase of the new asset management system (AMS). To test the system's viability and work o

ut any "bugs" before implementing throughout the whole company, he has decided to implement and test the system in a small, relatively isolated division, which will not disrupt the rest of the company. If all goes well, he will then implement it in the rest of the company. This conversion approach is referred to as:
Business
1 answer:
Whitepunk [10]3 years ago
7 0

Answer:

Pilot Conversion Approach.

Explanation:

According to my research on different conversion approaches, I can say that based on the information provided within the question the approach being described is called a Pilot Conversion Approach. Like mentioned in the question this approach is when a professional tests and implements a new system is slowly tested and implemented into single departments/divisions within a company as opposed to the whole company at once. This is done in order to make sure everything is running smoothly and catch errors along the way in order to be able to fix them before the whole system is implemented into the entire company.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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A machine cost $1,238,000 on April 1, 2020. Its estimated salvage value is $139,200 and its expected life is 4 years. Calculate
natulia [17]

Answer:

  • The depreciation expense by straight-line for 2020: $206,025
  • The depreciation expense by double-declining balance for 2021: $619,000
  • The depreciation expense by sum-of-the-years'-digits for 2021: $329,640

Explanation:

Under straight-line method, depreciation expense is (cost - residual value) / No of years = ($1,238,000 - $139,200) / 4 years = $274,700 yearly depreciation expense.

Depreciation expense by straight-line for 2020 will be (April 1, 2020 - Dec. 31, 2020):  $274,700 / 12 x 9 = $206,025.

The double-declining method is otherwise known as the reducing balance method and is given by the formula below:  

Double declining method = 2 X SLDP X BV

SLDP = straight-line depreciation percentage

BV = Book value

SLDP is 100%/4 years = 25%, then 25% multiplied by 2 to give 50% or simply 1/2

Depreciation expense under double-declining method at December 31, 2021: $1,238,000 x 1/2 = $619,000

Under the sum-of-the-years'-digits, the depreciation expense for 2021 will be calculated as follows: 3 / 10 = 30%.

10 was derived by 4 + 3 + 2 + 1 for Year 2020, 2021, etc

($1,238,000 - $139,200) x 30% = $329,640

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Generally the preferred method of making decisions within an organization is the
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Generally the preferred method of making decisions within an organization is the rational model. This model is the preferred method for making decisions but generally it is pretty unrealistic for a company to obtain and adapt into their organization. This model tries to combine rational with structured deicsion aking for the best possible outcome.

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If your lifestyle budget is $50,000 a year, selecting a career earning $75,000 will most likely allow you to meet your lifestyle
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Parents may claim a $2,000 child tax credit for a dependent child who is 22 years of age at the end of the year if the child is a full-time student. The Child Tax Credit is a refundable tax benefit claimed by filing Form 1040 claim a tax credit of $2,000 per qualifying dependent child under age 17

<h3>What is Child Tax Credit?</h3>

Different nations offer parents with dependent children a tax advantage known as the child tax credit (CTC). The credit is frequently correlated with the number of dependent children a taxpayer has, as well as occasionally with their income. For instance, only families in the United States who earn less than $400,000 year are eligible to get the entire CTC. Similar to the United States, only families earning less than £42,000 a year are eligible for the tax credit in the United Kingdom.

The federal child tax credit (CTC) in the United States is a tax credit that is only partially refundable for parents of dependent children. Subject to an earned income level and phase-in, it offers $2,000 in tax relief per eligible kid (with up to $1,400 of that amount being refundable).

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