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Olegator [25]
3 years ago
8

Why is it important for business professionals to take an active role in developing and managing information systems? A. They kn

ow how to create a database and configure computers. B. They are the people who know how to build networks. C. They know whether a system meets their needs and requirements. D. They are the lone users of information systems.
Business
1 answer:
Alex777 [14]3 years ago
4 0

Answer:

C. They know whether a system meets their needs and requirements.

Explanation:

An information system can be defined as a set of components or computer systems, which is used to collect, store, and process data, as well as dissemination of information, knowledge, and distribution of digital products.

Generally, it is an integral part of human life because individuals, organizations, and institutions rely on information systems in order to perform their duties, functions or tasks and to manage their operations effectively. For example, all organizations make use of information systems for supply chain management, process financial accounts, manage their workforce, and as a marketing channels to reach their customers or potential customers.

Additionally, an information system comprises of five (5) main components;

1. Hardware.

2. Software.

3. Database.

4. Human resources.

5. Telecommunications.

Hence, it is important for business professionals to take an active role in developing and managing information systems because it helps them to know whether a system meets their needs and requirements.

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Digitec Company has recently decided to design and manufacture a laptop that retails for under $50, in an effort to make IT avai
astraxan [27]

Answer:

The answer is: A) Bottom of the pyramid strategy.

Explanation:

In a bottom of the pyramid strategy a company develops new products or services that target the lower class customers in a market or are designed for  the poorest regions or countries.

Digitec Company developed a very cheap laptop and will sell it on extremely poor areas. Usually a product developed specifically for this type of strategy wouldn´t be able to sell well in a richer market. For instance, not very many people would buy a $50 laptop in the US or Europe, since it probably doesn´t have the same technical specs as the rest of the competition.

3 0
4 years ago
prepare the horizontal model for each of the following transactions. a. to record the payment on july 1, assuming that all $27,0
Lyrx [107]

As a supervision to the bookkeeper, it is advised that the payment be initially recorded as a debit to Prepaid rent. Rent is paid at the start of the relevant quarter, hence this is the correct accounting technique. Because it resembles an advance payment, it needs to be recognized as an asset when the payment is made. The portion of the rent that has expired each month should be included to the rent expense.

<h3>Is Prepaid rent A current liabilities?</h3>

Simply said, prepaid rent is shown under current assets on the balance sheet since it is common for businesses to pay the rent in advance and to use it within a short period of time after payment, typically during the same financial period.

Rent that has been paid in advance can be used to offset future rent expenses, making it an asset.

To learn more about Prepaid rent, visit:

brainly.com/question/15212195

#SPJ4

3 0
2 years ago
The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal y
Alexxx [7]

Answer:

Rordan Corporation Direct Labor Budget

                                                            1st            2nd           3rd           4th

                                                        Quarter    Quarter    Quarter    Quarter

Direct labor time per unit (hours)       0.35      0.35           0.35         0.35

Total direct labor hours needed       2,800       2,275       2,450       2,625

Regular hours                                    2,600      2,600      2,600       2,600

Overtime hours                                   200            0             0               25

Wages for regular hour                $31,200  $31,200   $31,200   $31,200

Overtime wages                               3,600             0              0          450

Total direct labor costs                $34,800  $31,200  $31,200    $31,650

Explanation:

a) Data and Calculations:

Rordan Corporation

Quarterly production forecast for the upcoming fiscal year:

                                      1st Quarter  2nd Quarter  3rd Quarter  4th Quarter

Units to be produced         8,000             6,500             7,000             7,500

Direct labor hours              2,800              2,275             2,450             2,625

Regular hours                    2,600             2,600             2,600            2,600

Overtime hours                    200                                                                25

Wages for regular hour $31,200          $31,200         $31,200        $31,200

Overtime wages                3,600               0                   0                      450

Total direct labor costs $34,800         $31,200          $31,200        $31,650

Each unit requires 0.35 direct labor-hours, and direct laborers are paid $12.00 per hour.

Regular wages = $2,600 * $12 = $31,200

Overtime wages = 200 * $12 * 1.5 = $3,600

6 0
3 years ago
he Assembly Department of​ ByteSize, Inc., manufacturer of​ computers, incurred $ 260 comma 000 in direct material costs and $ 7
Mkey [24]

Answer:

<em>Cost per equivalent unit  for conversion cost = $116.66</em>

<em>                                      </em>

Explanation:

<em>Under the weighted average method of valuation, to account for completed units, it is assumed that the entire degree of work required to a complete a set of work  is done in the period under consideration.So there is no separation of the completed units into opening inventory and fully worked. </em>

To determine the cost per equivalent unit, we use the formula below:

<em>Cost per equivalent unit = $70,000/600</em>

<em>                                        = $116.66</em>

<em />

8 0
3 years ago
Read 2 more answers
Net income was $476,000.Issued common stock for $73,000 cash.Paid cash dividend of $12,000.Paid $110,000 cash to settle a note p
fgiga [73]

Answer:

Net Cash flow from Financing activities -$168,000

Explanation:

Financing activities: It records those activities which affect the long term liability and shareholder equity balance. The issue of shares is an inflow of cash whereas redemption and dividend is an outflow of cash.

Cash flow from Financing activities  

Issuance of common stock $73,000

Cash dividends declared and paid -$12,000

Payment of note payable -$110,000

Purchase of treasury stock -$119,000

Net Cash flow from Financing activities -$168,000

The net income is shown under the operating activities and the equipment purchase is shown in the investing activity. Hence, it is ignored

7 0
3 years ago
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