Which methods are for setting standards? Choose as many   a)analysis of historical data b)task analysis c)task analysis and analysis of historical data d)matrix application forms e)goal congruence

Q: Which of the following is a valid reason for testing the operating effectiveness:…

A: Please see the next step for the solution

Q: Strategic and tactical asset allocation.  Define and explain the difference between these and the…

A: Strategic asset allocation is defined as making efficient portfolios of assets with a long-term…

Q: What are the broad classes of facts that need to be gathered in the system survey?

A: Accounting Information System: AIS collects, records, stores and processes accounting and other data…

Q: b. What is the expected project completion time? c. Which are the critical activities?

A: a. Please refer with the Gantt chart below. b. Expected project completion time = 8 weeks c.…

Q: Explain briefly what the EOQ model is andhow it can be used to help establish an optimalinventory…

A: Economic Order Quantity (EOQ) Model It is a method of inventory costing that aims to identify the…

Q: Indicate the organization related to IFRS that performs each of the following functions:1. Obtains…

A: International Financial Reporting Standards:   IFRS (International Financial Reporting Standards) is…

Q: Describe the relationship between capacity planning and location and their importance nto the…

A: Capacity planning and location decisions are critical to the organization's effective and smooth…

Q: Discuss the various sources of data for the FRS output and how these data are processed into…

A: Financial reporting system (FRS) can be defined as the process of producing and maintaining the…

Q: In the ________ phase of BPI, the BPI team documents the existing "as is" process activities,…

A: Answer -  Phases of BPI are as follows : i. Phase 1 - Define, ii. Phase 2 - Measure, iii. Phase 3 -…

Q: Identify activities that consume resources.

A: Activity-based costing also known as ABC is a costing method that assigns indirect cost to…

Q: In planning for the acquisition of new technologies, there should be specifically defined goals…

A: Technologies means the software used in company to do the routine work .

Q: _______________________involves the steps taken by management to increase the likelihood that the…

A: Controlling: Controlling foresees that the organization operates in the planned manner and attains…

Q: What methods are used in practice to determine the extentof progress toward completion? Identify…

A: Cost-to-cost method:  It is a method to determine what percentage of work is completed and this…

Q: Answer of the following question related to these characteristics and constraints. In general,…

A: Relevant information is data that can be applied to solve a problem. The relevance concept can mean…

Q: grity of information. policies, plans, procedures, law ssets. efficiency of onerations

A: Segregation of duties is an internal control measure. It refers to the division of duties among more…

Q: can facilitate the generation and implementation of new and useful ideas' . Discuss.

A: Organizational structure refers to how individual and team work within an organization are…

Q: What is one objective of an appraisal program? a. having tho

A: What is the one Objective of an appraisal program ? a. having the employee feel more valued  b.…

Q: iscusd the various sources of data for the FRS output and how these data are processed into…

A: Financial Reporting System: The financial reporting system (FRS) overviews the financial resources…

Q: Discuss and differentiate fundamental, technical and quantitative analysis.

A: Financial analysis is referred as the process of evaluating the businesses, budgets, and projects,…

Q: FASB rules for research and development

A: solution FASB                 FASB stands for financial accounting standards board…

Q: Which organization initiated the convergence process between GAAP and IFRS and why?

A: GAAP -: GAAP is a mixture of definitive standards (established by policy boards) and the normally…

Q: Describe Self-Constructed Assets and explain  Research and Development

A: Property, plant and equipment:   Property, plant and equipment are the tangible assets which are…

Q: The TELOS acronym is often used for determining the need for system changes. Which of the following…

A: TELOS: TELOS stands for Technical, Economic, Legal, Operational and Schedule feasibility. It is the…

Q: Ratios are an input into which step in the fi nancial statement analysis framework? A . Process…

A: The analysis of financial statements is the method of review for the decision-making of a firm's…

Q: Was the conceptual framework created to achieve a specific goal

A: The conceptual framework created to achieve a specific goal will be explained :

Q: Identify the major project classification categories, and explain how and why theyare used.

A: Every Project is different from each other because of different reasons. Projects can be classified…

Q: Explain the purpose and identify the building blocks of analysis.

A: Financial analysis is the analysis of the financial statements to analyse a entity’s performance and…

Q: Identify and discuss the benefits that can be expected to be derived from the FASB’s conceptual…

A: Financial accounting standards board (FASB): This is the organization which creates, develops, and…

Q: Give example of the relationship between a Human Resource Information System and MIS.

A: Human Resource Information System (HRIS) refers to the system of collecting, recording, classifying,…

Q: Which of the following elements of fi nancial statements is most closely related to measurement of…

A: Financial statements are statements which provides the information about the financial position of…

Q: With respect to the IASB conceptual framework project: a.    work is being conducted to produce…

A: With respect to the IASB conceptual framework project, work is being conducted to result in a…

Q: Which qualitative characteristic is an ingredient of relevance? a. Verifiability b. Timeliness c.…

A: As per general accounting principal, financial statements of an entity should be true and fair. In…

Q: Which methods are for setting standards?         analysis of historical data         task analysis…

A: The question is multiple choice question.The standards are always set by keeping in view the past…

Q: Explain the objectives of FIFO method.

A: First-in-First-Out: In First-in-First-Out method, the costs of the initially purchased items are…

Q: Which of the following is the correct sequence of activities in the systems development life cycle?…

A: System Development Life Cycle (SDLC): System Development Life Cycle (SDLC) is a system development…

Q: ist and define the enhancing qualitie

A: The goal of financial statements is to provide information on the organization's change in financial…

Q: Define asset allocation models

A: Definition : Asset allocation mechanisms can be understood as an investment technique that seeks to…

Q: Which of the following is a phase of the joint FASB and IASB conceptual framework project?   mixed…

A: Joint FASB and IASB has eight phases. They are:  Objectives and qualitative characteristics…

Q: Distinguish between managerial and financial accounting on

A: Basis Financial Accounting Managerial Accounting User and decision maker Outsiders like investors,…