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Accounting Expert Answers & Study Resources : Page 184

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71) A business process is a single step taken in a set of logically related activities that accomplish a specific business task. 72) A firm depends heavily on its ________ to supply capital, labor, customers, new technology, services and products, stable markets and legal systems, and general educational resources. A) HR department B).

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  • 71) A business process a single step taken in a
  • Accounting
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21) The five basic entities that make up any business are suppliers, customers, employees, products and services, and: A) its environment. B) manufacturing and production. C) sales and marketing. D) invoices and payments. 22) Promoting the organization's products or services is a responsibility of the ________ function. A) finance and accounting B) human resources C) manufacturing and production D).

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  • 21) The five basic entities that make up any business
  • Accounting
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1) Senior management is responsible for directing the day-to-day activities of the business. 2) Operational-level manufacturing systems deal with the firm's long-term manufacturing goals, such as where to locate a new plant. 3) Transaction processing systems are most commonly encountered at the senior management level of an organization. 4) TPS help managers monitor.

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  • 1) Senior management responsible for directing the day-to-day activities of
  • Accounting
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41) Which category in Weatherbe's PIECES framework affects revenues (benefits) or costs? A) Control problem B) Economic problem C) Service problem D) Performance problem 42) In the ABC methodology of software development, which stage of the customer stage involves reviewing and updating user requirements for the new accounting system? A) Plan B) Analyze C) Install D) Deploy 43) In the.

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  • 41) Which category in Weatherbe's PIECES framework affects revenues (benefits)
  • Accounting
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16) Which of the following is part of the ERM units? A) Internal Environments B) Entity-level C) Operations D) Monitoring 17) Which ERM objective relates to the effective and efficient use of a corporation's resources? A) Operational objective B) Compliance objective C) Strategic objective D) Reporting objective 18) Which ERM objective relates to the goals that support a corporation's mission? A).

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  • 16) Which of the following part of the ERM units? A)
  • Accounting
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Objective 3 1) A well developed and articulated risk management philosophy can provide consistency in risk attitudes throughout the entire enterprise. 2) In ERM risk assessment, possibility may refer to assessing likelihood using a quantitative measure, such as percentages. 3) When risk responses are being considered, the costs and benefits of options may.

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  • Objective 3 1) A well developed and articulated risk management philosophy
  • Accounting
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11) Design feasibility includes operational, economic, technical, schedule, cultural, and risk feasibility of the proposed IT architecture for the new system. 12) Economic feasibility assesses the probability of successful implementation and use of the new system, including any legal considerations. 13) Risk feasibility assess the probability of successful implementation and use.

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  • 11) Design feasibility includes operational, economic, technical, schedule, cultural, and
  • Accounting
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41) Data management technology consists of: A) the physical hardware and media used by an organization for storing data. B) the detailed, preprogrammed instructions that control and coordinate the computer hardware components in an information system. C) the software governing the organization of data on physical storage media. D) the hardware and software used.

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  • 41) Data management technology consists of: A) the physical hardware and
  • Accounting
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31) Technical feasibility 32) Schedule feasibility 33) Cultural feasibility 34) Risk feasibility 35) Which stage of the ABC methodology of software development focuses on the features common to most accounting systems? A) Baseline stage B) Analysis stage C) Design stage D) Customization stage 36) Which stage of the ABC methodology of software development focuses on meeting the specific needs.

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  • 31) Technical feasibility 32) Schedule feasibility 33) Cultural feasibility 34) Risk feasibility 35) Which
  • Accounting
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21) As discussed in the chapter opening case, Disney's implementation of new information systems in their amusement parks can be seen as an effort to achieve which of the primary business objectives? A) Customer and supplier intimacy B) Improved decision making C) Operational excellence D) New products and services 22) Journalist Thomas Friedman's description of.

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  • 21) As discussed in the chapter opening case, Disney's implementation
  • Accounting
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21) A ________ analysis identifies any difference between the specifications of the baseline accounting system and the enterprise-specific user requirements. 22) According to Weatherbe's PIECES framework for problem analysis, a problem that relates to system issues, such as system availability, is classified as a(n) ________ problem. Match the category in Weatherbe's.

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  • 21) A ________ analysis identifies any difference between the specifications
  • Accounting
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61) An information skill important for a marketing major would be: A) an understanding of online transaction and reporting systems. B) an understanding of product management enterprise systems. C) an understanding of supplier management enterprise systems. D) an understanding of enterprise systems that enhance leadership. 62) Consider an information system in a moving company that.

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  • 61) An information skill important for a marketing major would
  • Accounting
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51) In choosing the best solution for a business problem, one of the most important considerations is: A) change management. B) existing resources and skills. C) employee training. D) outcome measurement. 52) The final step in the four-step model of business problem solving is: A) outcome. B) implementation. C) change management. D) feedback. 53) Which of the following would not.

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  • 51) In choosing the best solution for a business problem,
  • Accounting
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