Question 11 3.5 pts Information system flowcharting is one critical method of analyzing an accounting process. Which of the following represent a key aspect of a flowchart ? Vaulting process Data flows Regulatory impacts Gap flows
Answers
In conclusion, a flowchart is a critical method of analyzing an accounting process. It helps to identify the strengths and weaknesses of a system. The key aspects of a flowchart are data flows, regulatory impacts, gap flows, and the vaulting process.
Flowcharting is a process of creating a diagram or a chart that shows how a system works and the flow of information and data. Information system flowcharting is a critical method of analyzing an accounting process as it helps in the identification of the steps involved in the accounting process. A flowchart helps to identify the strengths and weaknesses of a system. The key aspects of a flowchart are as follows:1. Data flows: A flowchart shows how the data flows through the system. It helps to identify the inputs and outputs of a system. It helps to determine where the data is coming from and where it is going.2. Regulatory impacts: A flowchart helps to identify the regulatory impacts on a system. It helps to determine the regulations that are applicable to a system and how the system complies with those regulations.3. Gap flows: A flowchart helps to identify the gaps in a system. It helps to determine the areas where the system is not working as expected.4. Vaulting process: A flowchart helps to identify the vaulting process. It helps to determine how the data is stored and secured. It helps to identify the backup and recovery process in case of a failure. In conclusion, a flowchart is a critical method of analyzing an accounting process. It helps to identify the strengths and weaknesses of a system. The key aspects of a flowchart are data flows, regulatory impacts, gap flows, and the vaulting process.
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Related Questions
Which best explains how the overproduction of goods in the 1920s affected consumer prices and the economy?.
Answers
A country's current account includes which of the following?
a. sales of assets to other countries
b. purchases of assets from other countries
c. all current automatic payments between countries
d. the country's trade balance
e. the balance available in the government's Treasury account
Answers
d. the country's trade balance. The current account is a component of a country's balance of payments that tracks all foreign transactions that occur within a certain time period.
The current account comprises all transactions in commodities, services, and revenue between a country and other countries. The current account specifically includes the trade balance, which is the difference between a country's exports and imports of goods and services, as well as money received from or given to other nations, and unilateral transfers, such as foreign aid. Option a and b relate to assets transactions that are normally reflected in a country's balance of payments capital account. Option c is a wide statement that includes both the current and capital accounts, but it is insufficiently detailed.
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What do you mean by the vocations based on capital ? Explain with examples
Answers
Answer:
Capital asset -investment activity is vocation or business being an adventure or concern in nature of commerce. Income/ loss from such activity will fall under different heads of income.
Explanation:
this is the correct answer
Which of the following is an Internet job search “do”?
Answers
What an Internet do in job search is to b. Pay attention to all directions before responding to job postings.
What is Internet?Internet can be regarded as the global computer network which helps to give variety of information and communication facilities.
It should be noted that it , encompass interconnected networks using standardized communication protocols, hence What an Internet do in job search is to b. Pay attention to all directions before responding to job postings.
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CHECK THE COMPLETE QUESTION
Which of the following is an Internet job search “do”?
a. Post your résumé without considering your privacy
b. Pay attention to all directions before responding to job postings
c. Assume that e-mail is informal, private, or temporary
d. Take a passive role during your online job search
According to the data set below, what was the GDP per capita in the United States in 2017? Round your answer to the nearest whole dollar.
United States Real GDP and Population, 2013-2017
Year - Real GDP in US dollars - Population
2013 | $16,691,500,000,000 | 316,234,505
2014 | $17,427,600,000,000 | 318,622,525
2015 | $18,120,700,000,000 | 321,039,839
2016 | $18,624,500,000,000 | 323,405,935
2017 | $19,390,600,000,000 | 325,719,178
Answers
The GDP per capita in the United States in 2017 was approximately $59,647.
What was the approximate per capita GDP in the United States in 2017?To calculate the GDP per capita, we divide the real GDP of the United States in 2017 ($19,390,600,000,000) by the population in the same year (325,719,178). This calculation yields a GDP per capita of approximately $59,647.
GDP per capita is a measure that provides insight into the economic well-being of a country's residents on average. It represents the value of goods and services produced per person in a given year.
In the case of the United States in 2017, the GDP per capita indicates that, on average, each resident would have earned approximately $59,647 if the country's GDP were distributed equally among its population.
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Correctly match each statement with its determinant of job satisfaction. ✓ Growth ✓ Work itself ✓ Management ✓ Personality ✓ Coworkers A. There is a job opening in the metal fusion shop, and I am going to apply for the position. B. I'm mad at my manager because he didn't give me the good performance review that I deserved. C. Of course I can do that task for you. D. I appreciate the high salary that comes with this job E. I really enjoy fixing cars to help people get around. F. The thing I like best about my job is the people I work with.
Answers
Personality: This statement indicates the individual's personal decision to apply for a job opening, which is influenced by their own characteristics, preferences, and goals.
Management: The dissatisfaction expressed towards the manager and the perceived unfairness of the performance review reflects the influence of management on job satisfaction. Coworkers: The willingness to help a coworker suggests a positive relationship and camaraderie with colleagues, which can contribute to job satisfaction. Growth: The appreciation of a high salary indicates a focus on financial rewards and extrinsic motivators, which are related to the growth and advancement opportunities provided by the job. Work itself: The enjoyment derived from fixing cars and helping people suggests a satisfaction with the nature of the work itself, indicating a match between job tasks and personal interests. Coworkers: The statement highlights the positive relationship and satisfaction derived from working with colleagues, indicating the importance of coworker interactions in job satisfaction.
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GE Corporation has a put option selling for $2.90 and a call option selling for $1.95, both with a strike price of $29.00. What would the net value of a long straddle position be if the stock price at expiration is $35?
A) 7.15
B) $1.15
C) $1.15
D) $7.15
E) $36.15
Answers
Answer:
$1.15
Explanation:
Calculation for the net value of a long straddle position
Using this formula
Net value =(Stock price at expiration-Strike price)-Put option selling-Call option selling
Let plug in the formula
Net value = ($35-$29)-$2.90-$1.95
Net value=$6-$2.90-$1.95
Net value=$1.15
Therefore the net value of a long straddle position will be $1.15
one qualifier to _____________ is that although it may settle the surface problem, it may not solve any ongoing problem.
Answers
one qualifier to mediation is that although it may settle the surface problem, it may not solve any ongoing problem.
What is mediation?Mediation can be regarded as procedure that is used by parties in solving their disputes.
Therefore, one qualifier to mediation is that although it may settle the surface problem.
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some pencils are to be shared between grade 7, grade eight students receive 196 more than grade 7 students no, find the total number of pencils shared,find the total number of pencils shared.
Answers
Answer:
203
Explanation:
On January 1, the first day of the fiscal year, a company issues a $1,450,000, 5%, five-year bond that pays semiannual interest of $36,250 ($1,450,000 × 5% × ½), receiving cash of $1,408,720.
Answers
Complete Question:
On January 1, the first day of the fiscal year, a company issues a $1,450,000, 5%, five-year bond that pays semiannual interest of $36,250 ($1,450,000 × 5% × ½), receiving cash of $1,408,720
Journalize the first interest payment and the amortization of the related bond discount using the Straight line method
Answer:
Kindly check Explanation
Explanation:
Given the following :
Face value of bond issued = $1,450,000
Cash received on Issuance = $1,408,720
Number of Interest payment on bond = 5 × 2 = 10(semiannual)
Therefore, discount on bond :
$(1,450,000 - 1,408,720) = $41,280
Spreading or amortizing diacou t on bond over the bond duration (use te straight line method)
Discount / period
$41,280 / 10 = $4,128
Interest expense a/c Dr $40,378
To discount on bond payable a/c Cr $4128
To cash a/c $36,250
Nonprofit organizations ______.
have no need for any type of accounting information
only need financial accounting information
must make decisions that use managerial accounting information
Answers
Nonprofit organizations must make decisions that use managerial accounting information. Nonprofit organizations operate differently from for-profit businesses.
Nonprofits must account for their financial activities and report on them to various stakeholders, including donors, grantors, and regulators. In addition to financial accounting information, nonprofit organizations also need managerial accounting information to make decisions about how to allocate their resources and achieve their goals. Managerial accounting provides insights into the costs and benefits of different programs, projects, and initiatives. Nonprofits can use this information to evaluate the effectiveness of their programs, make informed decisions about resource allocation, and identify areas for improvement. For example, a nonprofit may use managerial accounting information to compare the costs and benefits of different fundraising strategies, or to assess the impact of a new program on its overall mission. In short, while nonprofits may have different objectives than for-profit businesses, they still need accounting information to make informed decisions and manage their finances effectively. And managerial accounting information is an essential tool for nonprofits to achieve their goals and serve their communities.
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Which assumption would a lender most likely make about a person with a credit score around 800?
O that the person has invested a great deal of money in the stock market
O that the person has had very few delinquent payments in the past
O that the person has lived in the same city for a long time
O that the person has avoided using credit cards
Answers
What are the positive environmental trends seen today?
Many industries are taking measures to reduce the use( _gold,carbon dioxide,ozone_) of -depleting substances and are turning to(_scarce,renewable,non-recyclable_) energy sources though they may seem expensive.
choose one of those 3 option to fill the blank(___)
Answers
Although they may seem pricey, many sectors are moving toward renewable energy sources in an effort to limit their use of ozone-depleting compounds as seen in environmental trends.
Renewable energy is energy that is derived from resources that can be renewed naturally through time, on a human timescale. It comes from a variety of sources, including sunlight, wind, water currents, and geothermal heat. Some renewable energy sources are not sustainable, despite the fact that most of them are.
For instance, certain biomass sources are regarded as non-sustainable at the present rate of extraction. Air and water heating and cooling, as well as stand-alone power systems, are frequently powered by renewable energy. Although initiatives involving renewable energy are often large-scale, they are also suitable for rural, distant, and underdeveloped nations, where energy is frequently essential for human growth. It has various advantages when renewable energy is used in conjunction with increased electrification.
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All of the following are for AGI deductions except:
A. Contributions to qualified retirement accounts
B. Rental and royalty expenses.
C. Charitable contributions.
D. Business expenses for a self-employed taxpayer.
Doug and Sue Click file a joint tax return and decide to ite
Answers
Option C is correct. An itemized deduction from AGI is charitable contributions. The higher of the total itemized deductions or the standard deduction must be chosen.
What Is Adjusted Gross Income (AGI)?
The Internal Revenue Service (IRS) calculates your annual income tax liability using your adjusted gross income (AGI). It is computed by deducting particular adjustments from gross revenue, including company expenses, student loan interest payments, and other expenses. To determine a taxpayer's taxable income, deductions must first be subtracted from their adjusted gross income (AGI). For particular programs and retirement accounts, the IRS also makes use of additional income metrics, such as modified AGI (MAGI).
What deductions are included in AGI?Your gross income is the starting point for the calculation of your adjusted gross income, or AGI, which is subsequently lowered by a number of "above the line" deductions. Payments to 401(k) plans, HSA contributions, and teacher expenditures are a few frequent examples of deductions that lower adjusted gross income.
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The rationale why companies offer customers credit is because: a. offering customers credit, helps with the firm's cash flow position. b. offering customers credit, helps match revenues with expenses for the same time period. c. allowing customers to pay with credit cards or on credit, makes it easier for them to buy, and it also attracts new customers. d. allowing customers to pay with credit card or on credit, forces a company to rely less on accounts receivables and more on accounts payables.
Answers
Answer:
c. allowing customers to pay with credit cards or on credit, makes it easier for them to buy, and it also attracts new customers
Explanation:
What is credit?
Credit is the amount you can borrow for a certain time.
Sales on credit means that the sale is done without the use of cash with the conditions given for a certain time limit.
Now purchasing without cash is a facility every customer enjoys. The basic objective of sales on credit is to increase the purchasing power of customer thus attracting more customers to the specific products.
Choice c is the best option.
Choice a is incorrect because cash flows involve cash as well.
Choice b is also incorrect because matching principle is not a market strategy . It is an accounting method.
The company needs increase in sales, which involves a marketing strategy.
In the matching principle the revenues are matched with expenses therefore credit sales ( revenue) will be matched with the expenses incurred to be able to make sales.
Choice d is incorrect credit sales increase accounts receivable not accounts payable.
The rationale why companies offer customers credit is because offering customers credit, helps with the firm's cash flow position. The correct option is A.
The company can align revenues with the expenses incurred in producing those goods or services and ensuring a more accurate representation of financial performance for a given time period.
This approach can improve cash flow management, enhance customer satisfaction and foster loyalty. It can attract new customers and stimulate repeat business as it offers convenience and ease of purchase.
Therefore, the correct option is A.
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Brainliest please answer ANY ANSWERS WITH NO ANSWER WILL BE REPORTED
Let’s catch up with our law enforcement officer Detective Claire, who is investigating a series of jewelry thefts all over New York City. Claire has a suspect in mind but must find proof before she can charge the suspect in the crimes. As part of her investigation, Claire will need to interview a variety of experts, including some from the Government and Public Administration and the Human Services career clusters. Let’s work along with Claire to gather and assess data (or clues) about the crimes and see if they connect with her suspect.
Claire was first assigned to this case after an upscale jeweler opened his shop one morning to find several display cases empty. Distraught, he phoned police. After Claire arrived, she ordered techs to look for fingerprints and video surveillance footage. She had the owner list the stolen items so that if the thief tried to sell them nearby, police would be on the lookout.
Here is the list of stolen items the owner made, along with the value of items stolen:
TABLE 1 Stolen Item List
Stolen Item Price per item Qty Total Value
5-carat diamond necklace
$32,995
1
Emerald and diamond tennis bracelet
$19,999
3
3-carat diamond engagement ring
$25,560
5
Mother of pearl necklace
$69,000
2
Men’s gold watch
$25,850
4
Unfortunately, the smart thief wore gloves, so no fingerprints were recovered from the scene. They also wore a black balaclava to cover their face, so Claire had almost no data about the thief’s appearance to work with.
Math Problem #1
Copy the table above to your math paper and calculate the total value of items lost in the first jewelry heist.
Over the following year, there were six more heists throughout the city, with total goods stolen valued at $3.75 million. Each time, the thief left no fingerprints and always wore a mask to hide their identity. The last heist did uncover one valuable clue though. As the suspect was filmed loading the jewelry into a black duffel bag, Claire caught a glimpse of a label. When she had the tech team focus in on the bag’s label, Claire found that it was the bag from an expensive French designer.
This clue led Claire to believe that the suspect must be someone who traveled internationally, particularly to France. She reached out to James, a contact in the Foreign Service sector, who was able to verify that French and British authorities had been investigating similar crimes in their countries. James was able to forward their police reports, including this list of the value of items stolen:
Answers
$32,995 + ($19,999 x 3) + ($25,560 x 5) + ($69,000 x 2) + ($25,850 x 4) = $499,743
Therefore, the total value of items lost in the first jewelry heist was $499,743
factorise the following3x^2-18 +24
Answers
Answer:
it's 3(x^2-2) bcoz -18-24= -6 and 3 is divisible into 6 twice
What are the arguments for and against human gene patenting by companies and individuals?
Answers
"'As long as you paraphrase (versus quote) the information you find during your research, you do not have to give credit to the original source." the answer is false.Even if we are paraphrasing information, we still need to give credit to the original source.
Paraphrasing means putting the information into your own words, but the ideas are still from the original source. Therefore, you need to cite the source to avoid plagiarism. Giving credit to the original source is important because it acknowledges the author's work and research, and it also helps to avoid any legal issues related to copyright infringement. When citing sources, it's important to provide enough detail so that others can find the original source if needed.
Paraphrasing is the act of putting someone else's ideas into your own words, and it is essential to acknowledge the original source to avoid plagiarism. To properly give credit, you can use in-text citations and include the source in your reference list or bibliography.
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Which of the following best defines goal?
a. aim or purpose
b. disregard or disrespect
c. freedom from doubt
d. influence
Answers
Because a goal is a target that your trying to accomplish
Real Estate Question
A buyer is purchasing a property for $500,000. He has a down payment of $50,000 and is financing the rest. What's the amount of the loan origination fee if the lender charges one-and-a-half points? Please explain your work as well.
Answer Choices:
$5,000
$6,750
$750
$7,500
Answers
Answer:
Amount of the loan origination fee = $7,500
Explanation:
Given:
Purchase cost of house = $500,000
Down payment cost = $50,000
Lender charges point = 1.5 points[%]
Find:
Amount of the loan origination fee
Computation:
Amount of the loan origination fee = Purchase cost of house x Lender charges point
Amount of the loan origination fee = 500,000 x 1.5%
Amount of the loan origination fee = $7,500
who is ceo was the youngest when their company made it to the fortune 500?
Answers
Mark Zuckerberg is the youngest CEO of the Fortune 500. Mark Elliott Zuckerberg is an American businessman, internet entrepreneur and philanthropist.
Mark Zuckerberg is best known as the co-founder of the social media website and its parent company, Meta Platforms, and is the company's chairman, chief executive officer, and majority shareholder.
Zuckerberg attended Harvard University and founded his website in February 2004 with roommates Eduardo Severin, Andrew McCallum, Dustin Moskovitz, and Chris Hughes. Initially launched for select college campuses, the site quickly expanded, eventually reaching beyond universities, and by 2012 he reached 1 billion users. Zuckerberg took the company public in May 2012. In 2007, at the age of 23, he became the youngest billionaire in the world. He has used his funds to organize several charities, including the Chan Zuckerberg Initiative.
Since 2008, Time magazine has included Zuckerberg among his 100 most influential people in the world as part of the 2010 Person of the Year Awards. In December 2016, Zuckerberg was ranked his 10th on Forbes his list of the world's most influential people. In his 2022 list of the richest Americans in the Forbes 400, he has a net worth of $134.5 billion in 2021, compared to his status as the third-richest American with his $577.
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Under the Investment Advisers Act of 1940, cash payment to a broker-dealer from an investment adviser in return for client referrals is A) not permitted under any circumstances B) permitted with no restrictions C) permitted if the investment adviser makes certain disclosures to the clients and meets other requirements D) permitted if the investment adviser and broker-dealer are affiliated
Answers
Answer:
It's A.
Explanation:
Explain why socialist societies do not use a circular flow chart.
Answers
often management may decide to sell a product to another firm or simply liquidate it at salvage value in the _______________ of the plc.
Answers
The answer to this question is the "decline stage" of the product life cycle (PLC).
In the decline stage of the product life cycle (PLC), it is common for management to make a decision to sell a product to another firm or liquidate it at salvage value. This decision is made because the product is no longer able to generate enough sales to justify the continued cost of production and distribution.
The decline stage is the last stage of the PLC, which begins when sales start to decrease and the product reaches its saturation level. At this stage, companies are often forced to make tough decisions in order to avoid sustaining significant financial losses. These decisions include reducing the cost of production and distribution, as well as selling or liquidating the product.
Therefore, in the decline stage of the product life cycle (PLC), it is common for management to decide to sell a product to another firm or liquidate it at salvage value.
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State any five reasons why an entrepreneur may carryout Market survey
Answers
Answer: Whether you are thinking of venturing into a new market or launching a new product, conducting a marketing assessment is the crucial first step in determining if there is a need or a potential customer base for your product. to know what the other people are interested in, for example they do a survey to see how much of each product they need and the popularity of how many people like the stuff, those are 2 reasons, quantity and I would say popularity 3: get the people to know that enreprenuer cares 4 and five just think about it... Why is market research important for new business ideas? Market research should never be underestimated. Many successful new businesses enjoy longevity because their owners conduct regular market research to understand their target market, identify consumer problems and pinpoint realistic competitors. Determine key market factors: Cost, Consumer Demographics, Challenges, Opportunities. ... These factors will help you determine how you will need to market to consumers, face your competition, and develop your overall business plan.
Hope this helps....... Stay safe and have a Merry Christmas!!!!!!!! :D
Explanation:
Why is it called Chick-Fil-A when a Fil-A (filet) is normally cooked with beef???
Answers
A person's debt-to-income ratio describes:
O A. how often the person's credit score changes based on increasing
levels of debt.
B. how much money a person can borrow from a bank at any given
time.
O c. how frequently a person has to make payments on a significant
debt.
O D. how much the person has borrowed compared to how much he or
she earns.
Answers
Answer:
O D. how much the person has borrowed compared to how much he or
she earns
Explanation:
Your debt-to-income ratio is all your monthly debt payments divided by your gross monthly income. This number is one way lenders measure your ability to manage the monthly payments to repay the money you plan to borrow. ... If your gross monthly income is $6,000, then your debt-to-income ratio is 33 percent.
A person's debt-to-income ratio describes how much the person has borrowed compared to how much he or she earns. Thus, the correct answer is option D.
What is debt-to-income ratio ?Lenders use the debt-to-income (DTI) ratio to determine your borrowing risk. It is the percentage of your gross monthly income that goes toward paying your monthly debt payments.
Divide all monthly debt payments by gross monthly income to get the debt-to-income ratio. This is how lenders assess our ability to manage monthly payments in order to repay the money we intend to borrow.
A DTI of 43% is typically the highest ratio a borrower can have while still qualifying for a mortgage, but lenders prefer ratios no higher than 36%. A low DTI ratio indicates adequate income relative to debt servicing, making a borrower more appealing.
Therefore, option D is correct.
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According to low estimates, we see advertisements every _____ minutes.
Answers
Answer:
4
Explanation:
Its every 4 mins we see ads
ASAPP PLZZZZ
3. In the mythical kingdom of Erehwon, the basic unit of money is the rudolf. At today's exchange rate, 4 rudolfs are equal to $1. A U.S. tourist in Erehwon wishes to purchase a guidebook to the country. The price is 6 rudolfs. How much is this in U.S. money?
(A) $1.50
(B) $6
(C) $4
(D) $24
Answers
when considering gpo precedence between local gpo, default domain gpo, domain controller gpo, site gpo and ou gpos, what gpos are applied first?
Answers
The Local GPO has the lowest priority and is processed first.
When considering the Group Policy Object (GPO) precedence between the local GPO, default domain GPO, domain controller GPO, site GPO, and OU GPOs,
the GPOs applied first is determined by the order of the following steps:
The Local GPO has the lowest priority and is processed first.
The Default Domain GPO, which is created automatically when a domain is created, is processed next.
This GPO has a higher priority than the Local GPO but a lower priority than any other GPOs.
The GPO linked to the Domain Controllers OU is processed after the Default Domain GPO.
This GPO has a higher priority than the Local GPO and the Default Domain GPO but a lower priority than the GPOs linked to sites and OUs.
The Site GPO is processed after the Domain Controller GPO. This GPO has a higher priority than the Local GPO, the Default Domain GPO, and the Domain Controller GPO but a lower priority than any other GPOs.
The OUs GPOs are applied last in the Group Policy processing order.
It has a higher priority than the Local GPO, the Default Domain GPO, the Domain Controller GPO, and the Site GPO but a lower priority than any other GPOs.
How GPOs are applied on a computer or user's Group Policy processing order is controlled by two GPOs, the Local GPO and the Active Directory-based GPO.
This is called the Group Policy application order, and it is used to define the order in which GPOs are applied to a computer or user.
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