Solutions and Test Bank For Horngren\'s Cost Accounting: A Managerial Emphasis, 8th Canadian Edition 8ce By Srikant M. Datar PDF

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Test Bank, Solution Manual, ebook For Horngren's Cost Accounting: A Managerial Emphasis, 8th Canadian Edition Srikant M. Datar, Rajan, Beaubien ; 0134824687 • 9780134824680...

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Cost Accounting: A Managerial Emphasis - Cdn. Ed., 8e (Horngren) Chapter 1 The Accountant's Vital Role in Decision Making 1 Explain how management accounting data are essential to the process of rational operating and strategic decision making. 1 )Mana ge me nta c c ount i ngi sgui de dbyge ne r al l yac c e pt e da c c ount i ngpr i nc i pl e s . Ans we r :F ALSE Di ff: 1 T ype : TF CP ACo mpe t e nc i e s :Cha pt e r13 . 1 . 1Eva l ua t e sma na ge me nti nf or ma t i onr e qui r e me nt s , 3 . 1 . 2Eva l ua t e st het ype sofi nf or ma t i ons ys t e msus e da ndt her ol et he ypl a yi na nor gani z a t i on, 3 . 1 . 4I de nt i fie se t hi c ala ndpr i vac yi s s ue sr e l a t e dt oi nf or ma t i ont e c hnol ogy Ski l l :Re me mbe r i ng Obj e c t i ve :LO1 1

2 )Mana ge r i ala c c ount i nga ndc os tac c ount i ngbot hme as ur ea ndr e por tfinanc i ala ndnonfinanc i al i nf or ma t i onr e l a t i ngt ot hec os tofac qui r i ngorut i l i z i ngr es our c e s . Ans we r :TRUE Di ff: 1 T ype : TF CP ACo mpe t e nc i e s :Cha pt e r13 . 1 . 1Eva l ua t e sma na ge me nti nf or ma t i onr e qui r e me nt s , 3 . 1 . 2Eva l ua t e st het ype sofi nf or ma t i ons ys t e msus e da ndt her ol et he ypl a yi na nor ga ni za t i on, 3 . 1 . 4I de nt i fie se t hi c ala ndpr i vac yi s s ue sr e l a t e dt oi nf or ma t i ont e c hnol ogy Ski l l :Re me mbe r i ng Obj e c t i ve :LO 1 1

3 )Cos ta c c ount i ngpr ovi de si nf or ma t i onf orbot hma na ge me nta ndfinanc i a la c c ount i ng. Ans we r :TRUE Di ff: 1 T ype : TF CP ACo mpe t e nc i e s :Cha pt e r13 . 1 . 1Eva l ua t e sma na ge me nti nf or ma t i onr e qui r e me nt s , 3 . 1 . 2Eva l ua t e st het ype sofi nf or ma t i ons ys t e msus e da ndt her ol et he ypl a yi na nor ga ni za t i on, 3 . 1 . 4I de nt i fie se t hi c ala ndpr i vac yi s s ue sr e l a t e dt oi nf or ma t i ont e c hnol ogy Ski l l :Re me mbe r i ng Obj e c t i ve :LO 1 1

4 )Mana ge me nta c c ount a nt sa r er equi r e dt of ol l ow t hege ne r a l l ya c c ept e da c c ount i ngpr i nc i pl e st ha tar e us e df ore xt e r nalfina nc i alr e por t i ngwhe npr epa r i ngr epor t sf ori nt e r na lus e r s . Ans we r :F ALSE Di ff: 2 T ype : TF CP ACo mpe t e nc i e s :Cha pt e r13 . 1 . 1Eva l ua t e sma na ge me nti nf or ma t i onr e qui r e me nt s , 3 . 1 . 2Eva l ua t e st het ype sofi nf or ma t i ons ys t e msus e da ndt her ol et he ypl a yi na nor ga ni za t i on, 3 . 1 . 4I de nt i fie se t hi c ala ndpr i vac yi s s ue sr e l a t e dt oi nf or ma t i ont e c hnol ogy Ski l l :Re me mbe r i ng Obj e c t i ve :LO 1 1

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For Full Chapters : [email protected] 5 )Mana ge r st ypi c a l l yr e c ei ver e por t sonc os tpl anni nga ndc ont r ol st ha ts houl dbec ons i de r e df ori nt e r na l us eonl y . Ans we r :TRUE Di ff: 2 T ype : TF CP ACo mpe t e nc i e s :Cha pt e r13 . 1 . 1Eva l ua t e sma na ge me nti nf or ma t i onr e qui r e me nt s , 3 . 1 . 2Eva l ua t e st het ype sofi nf or ma t i ons ys t e msus e da ndt her ol et he ypl a yi na nor ga ni za t i on, 3 . 1 . 4I de nt i fie se t hi c ala ndpr i vac yi s s ue sr e l a t e dt oi nf or ma t i ont e c hnol ogy Ski l l :Re me mbe r i ng Obj e c t i ve :LO 1 1

6 )The r ear et hr e e( 3 )ba s i cbus i ne s ss t r a t e gi e s : l ow c os t , pr e mi um pr oduc t s , andc us t ome rs a t i s f ac t i on. Ans we r :F ALSE Di ff: 1 T ype : TF CP ACo mpe t e nc i e s :Cha pt e r13 . 1 . 1Eva l ua t e sma na ge me nti nf or ma t i onr e qui r e me nt s , 3 . 1 . 2Eva l ua t e st het ype sofi nf or ma t i ons ys t e msus e da ndt her ol et he ypl a yi na nor ga ni za t i on, 3 . 1 . 4I de nt i fie se t hi c ala ndpr i vac yi s s ue sr e l a t e dt oi nf or ma t i ont e c hnol ogy Ski l l :Re me mbe r i ng Obj e c t i ve :LO 1 1

7 )Compa ni e swi t has t r a t e gyofl ow pr i c e sc ompe t eont he i rabi l i t yt ooffe runi quene w pr oduc t sor s e r vi c e st ha ta r epr i c edhi ghe rt hant hei rc ompe t i t i on. Ans we r :F ALSE Di ff: 1 T ype : TF CP ACo mpe t e nc i e s :Cha pt e r13 . 1 . 1Eva l ua t e sma na ge me nti nf or ma t i onr e qui r e me nt s , 3 . 1 . 2Eva l ua t e st het ype sofi nf or ma t i ons ys t e msus e da ndt her ol et he ypl a yi na nor ga ni za t i on, 3 . 1 . 4I de nt i fie se t hi c ala ndpr i vac yi s s ue sr e l a t e dt oi nf or ma t i ont e c hnol ogy Ski l l :Re me mbe r i ng Obj e c t i ve :LO 1 1

8 )Cos tmana ge me nti nvol ve sl ongt e r m ands hor t t e r m de c i s i onst ha ta t t emptt oi nc r e as eval uef or c us t ome r sa ndl o we rc os t sofpr oduc t sors e r vi c e s . Ans we r :TRUE Di ff: 1 T ype : TF CP ACo mpe t e nc i e s :Cha pt e r13 . 1 . 1Eva l ua t e sma na ge me nti nf or ma t i onr e qui r e me nt s , 3 . 1 . 2Eva l ua t e st het ype sofi nf or ma t i ons ys t e msus e da ndt her ol et he ypl a yi na nor ga ni za t i on, 3 . 1 . 4I de nt i fie se t hi c ala ndpr i vac yi s s ue sr e l a t e dt oi nf or ma t i ont e c hnol ogy Ski l l :Re me mbe r i ng Obj e c t i ve :LO 1 1

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For Full Chapters : [email protected] 9 )Theke yt oac ompany' ss uc c e s si sal wa yst obet hel ow c os tpr oduc e ri napa r t i c ul ari ndus t r y . Ans we r :F ALSE Expl ana t i on:Thel ow c os tpr oduc e ri napar t i c ul ari ndus t r ywi l lnotne c e s s a r i l ybes uc c e s s f ul . Di ff: 2 T ype : TF CP ACo mpe t e nc i e s :Cha pt e r13 . 1 . 1Eva l ua t e sma na ge me nti nf or ma t i onr e qui r e me nt s , 3 . 1 . 2Eva l ua t e st het ype sofi nf or ma t i ons ys t e msus e da ndt her ol et he ypl a yi na nor ga ni za t i on, 3 . 1 . 4I de nt i fie se t hi c ala ndpr i vac yi s s ue sr e l a t e dt oi nf or ma t i ont e c hnol ogy Ski l l :Unde r s t a ndi ng Obj e c t i ve :LO 1 1

1 0)Compa ni e sgene r al l yf ol l ow oneoft wobas i cs t r a t e gi e s : 1)pr ovi di ngaqua l i t ypr oduc tors e r vi c ea t l ow pr i c e s , or2)offe r i ngauni quepr oduc tors er vi c eof t e npr i c e dhi ghe rt ha nc ompe t i ngpr oduc t s . Ans we r :TRUE Di ff: 2 T ype : TF CP ACo mpe t e nc i e s :Cha pt e r13 . 1 . 1Eva l ua t e sma na ge me nti nf or ma t i onr e qui r e me nt s , 3 . 1 . 2Eva l ua t e st het ype sofi nf or ma t i ons ys t e msus e da ndt her ol et he ypl a yi na nor ga ni za t i on, 3 . 1 . 4I de nt i fie se t hi c ala ndpr i vac yi s s ue sr e l a t e dt oi nf or ma t i ont e c hnol ogy Ski l l :Re me mbe r i ng Obj e c t i ve :LO 1 1

1 1)TheGl oba lRepor t i ngI ni t i a t i ve( GRI )i sanonpr ofitor g ani za t i one s t a bl i s he dt ode v e l opgui de l i ne ss o t ha tr epor t i ngonec onomi c ,e nvi r onme nt a lands oc i a lpe r f or manc ebya l lor ga ni z a t i onsi sa sr out i neand c ompa r abl easfinanc i alr e por t i ng. Ans we r :TRUE Di ff: 2 T ype : TF CP ACo mpe t e nc i e s :Cha pt e r13 . 1 . 1Eva l ua t e sma na ge me nti nf or ma t i onr e qui r e me nt s , 3 . 1 . 2Eva l ua t e st het ype sofi nf or ma t i ons ys t e msus e da ndt her ol et he ypl a yi na nor ga ni za t i on, 3 . 1 . 4I de nt i fie se t hi c ala ndpr i vac yi s s ue sr e l a t e dt oi nf or ma t i ont e c hnol ogy Ski l l :Re me mbe r i ng Obj e c t i ve :LO 1 1

1 2)Cor por a t es oc i alr e s pons i bi l i t yi snow ma nda t or yf oral lpubl i c l yt r ade dc ompa ni e si nCa nada . Ans we r :F ALSE Expl ana t i on:Cor por a t es oc i alr e s pons i bi l i t y( CSR i ) st hevol unt ar yi nt e gr a t i onofs oc i aland e nvi r onme nt alc onc e r nsi nt obus i ne s sde c i s i ons . Di ff: 2 T ype : TF CP ACompe t e nc i e s :Cha pt e r13 . 1 . 1Eva l ua t e sma na ge me nti nf or ma t i onr e qui r e me nt s , 3 . 1 . 2Eva l ua t e st het ype sofi nf or ma t i ons ys t e msus e da ndt her ol et he ypl a yi na nor ga ni za t i on, 3 . 1 . 4I de nt i fie se t hi c ala ndpr i vac yi s s ue sr e l a t e dt oi nf or ma t i ont e c hnol ogy Ski l l :Re me mbe r i ng Obj e c t i ve :LO 1 1

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For Full Chapters : [email protected] 1 3)I nwha twa ydomana ge r sbe ne fitf r om t heus eofama na ge me nti nf or ma t i ons ys t e m? A)Da t ac anbee nt e r eda tnume r ousi nputt e r mi nal swi t hi nt heor ga ni za t i on. B)Themana ge r swoul dnotbec ompl e t e l yr e s pons i bl ef ort hei nf or ma t i ont ha ti se nt e r e di nt ot heda t aba s e s ys t e m. C)Themana ge r sc oul dc ombi neoradj us tda t at oans we rt heque s t i onsf r om pa r t i c ul ari nt e r na land e xt e r na lus e r s . D)Themana ger sdonotbe ne fit ,a st hei nf or ma t i onr e qui r e st e c hni c a le xper t i s et or e t r i e ve . E)Ma na ge r sc ans t or eol ddoc ume nt si nhar dc opy . Ans we r :C Di ff: 2 T ype : MC CP ACompe t e nc i e s :Cha pt e r13 . 1 . 1Eva l ua t e sma na ge me nti nf or ma t i onr e qui r e me nt s , 3 . 1 . 2Eva l ua t e st het ype sofi nf or ma t i ons ys t e msus e da ndt her ol et he ypl a yi na nor ga ni za t i on, 3 . 1 . 4I de nt i fie se t hi c ala ndpr i vac yi s s ue sr e l a t e dt oi nf or ma t i ont e c hnol ogy Ski l l :Unde r s t a ndi ng Obj e c t i ve :LO 1 1

1 4)Fi na nc i alac c ount i ngi sc onc e r nedpr i mar i l ywi t h A)c os tpl a nni nga ndc os tc ont r ol s . B)e xt e r nalr e por t i ngt oi nve s t or s , go ve r nme nta ut hor i t i e s , e t c . C)pr ofit a bi l i t ya nal ys i s . D)pr ovi di ngi nf or ma t i onf ors t r a t e gi ca ndt a c t i c alde c i s i ons . E)pr ovi di nga nal ys i st of ac i l i t a t el ongt e r m de c i s i onma ki ng. Ans we r :B Di ff: 1 T ype : MC CP ACompe t e nc i e s :Cha pt e r13 . 1 . 1Eva l ua t e sma na ge me nti nf or ma t i onr e qui r e me nt s , 3 . 1 . 2Eva l ua t e st het ype sofi nf or ma t i ons ys t e msus e da ndt her ol et he ypl a yi na nor ga ni za t i on, 3 . 1 . 4I de nt i fie se t hi c ala ndpr i vac yi s s ue sr e l a t e dt oi nf or ma t i ont e c hnol ogy Ski l l :Re me mbe r i ng Obj e c t i ve :LO 1 1

1 5)Thet e xti de nt i fie ss i xwa yst oc l as s i f yt hema j ordi ffe r e nc e sbe t we e nma na ge me nta ndfina nc i a l a c c ount i ng.The" mana ger soft heor ga ni z a t i on"i sane xa mpl eofwhi c hoft hef ol l owi ngc l as s e sof di ffer e nc e s ? A)pur pos eofi nf or ma t i on B)pr i mar yus e r s C)f oc usande mphas i s D)r ul e sofme as ur e me nta ndr e por t i ng E)t i mes panandt ypeofr e por t s Ans we r :B Di ff: 1 T ype : MC CP ACompe t e nc i e s :Cha pt e r13 . 1 . 1Eva l ua t e sma na ge me nti nf or ma t i onr e qui r e me nt s , 3 . 1 . 2Eva l ua t e st het ype sofi nf or ma t i ons ys t e msus e da ndt her ol et he ypl a yi na nor ga ni za t i on, 3 . 1 . 4I de nt i fie se t hi c ala ndpr i vac yi s s ue sr e l a t e dt oi nf or ma t i ont e c hnol ogy Ski l l :Re me mbe r i ng Obj e c t i ve :LO 1 1

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For Full Chapters : [email protected] 1 6)Thet e xti de nt i fie ss i xwa yst oc l as s i f yt hema j ordi ffe r e nc e sbe t we e nMa na ge me ntandFi nanc i al Ac c ount i ng .Thes t a t e me nt" Va r i esf r om hour l yt o1 5t o20ye ar s "i sa ne x ampl eofwhi c hoft hef ol l o wi ng c l as s esofdi ffe r e nc e s ? A)pur pos eofi nf or ma t i on B)pr i mar yus e r s C)f oc usande mphas i s D)r ul e sofme as ur e me nta ndr e por t i ng E)t i mes panandt ypeofr e por t s Ans we r :E Di ff: 1 T ype : MC CP ACompe t e nc i e s :Cha pt e r13 . 1 . 1Eva l ua t e sma na ge me nti nf or ma t i onr e qui r e me nt s , 3 . 1 . 2Eva l ua t e st het ype sofi nf or ma t i ons ys t e msus e da ndt her ol et he ypl a yi na nor ga ni za t i on, 3 . 1 . 4I de nt i fie se t hi c ala ndpr i vac yi s s ue sr e l a t e dt oi nf or ma t i ont e c hnol ogy Ski l l :Re me mbe r i ng Obj e c t i ve :LO 1 1

1 7)Thet e xti de nt i fie ss i xwa yst oc l as s i f yt hema j ordi ffe r e nc e sbe t we e nMa na ge me ntandFi nanc i al Ac c ount i ng .Thes t a t e me nt" Pas tor i ent ed( r e por t son2 011pe r f or manc epr e par e di n20 12) "i sane x ampl e ofwhi c hoft hef ol l owi ngc l as s e s ? A)pur pos eofi nf or ma t i on B)pr i mar yus e r s C)f oc usande mphas i s D)r ul e sofme as ur e me nta ndr e por t i ng E)t i mes panandt ypeofr e por t s Ans we r :C Di ff: 1 T ype : MC CP ACompe t e nc i e s :Cha pt e r13 . 1 . 1Eva l ua t e sma na ge me nti nf or ma t i onr e qui r e me nt s , 3 . 1 . 2Eva l ua t e st het ype sofi nf or ma t i ons ys t e msus e da ndt her ol et he ypl a yi na nor ga ni za t i on, 3 . 1 . 4I de nt i fie se t hi c ala ndpr i vac yi s s ue sr e l a t e dt oi nf or ma t i ont e c hnol ogy Ski l l :Re me mbe r i ng Obj e c t i ve :LO 1 1

1 8)Thet e xti de nt i fie ss i xwa yst oc l as s i f yt hema j ordi ffe r e nc e sbe t we e nMa na ge me ntandFi nanc i al Ac c ount i ng .Thes t a t e me nt" Communi c a t eor ga ni za t i on' sfinanc i a lpos i t i ont oe xt e r na lus e r s "i sa n e xa mpl eofwhi c hoft hef ol l o wi ngc l as s es ? A)pur pos eofi nf or ma t i on B)pr i mar yus e r s C)f oc usande mphas i s D)r ul e sofme as ur e me nta ndr e por t i ng E)t i mes panandt ypeofr e por t s Ans we r :A Di ff: 1 T ype : MC CP ACompe t e nc i e s :Cha pt e r13 . 1 . 1Eva l ua t e sma na ge me nti nf or ma t i onr e qui r e me nt s , 3 . 1 . 2Eva l ua t e st het ype sofi nf or ma t i ons ys t e msus e da ndt her ol et he ypl a yi na nor ga ni za t i on, 3 . 1 . 4I de nt i fie se t hi c ala ndpr i vac yi s s ue sr e l a t e dt oi nf or ma t i ont e c hnol ogy Ski l l :Re me mbe r i ng Obj e c t i ve :LO 1 1

1 9)Whi c hoft hef ol l owi ngi ss ome t hi ngmana ge me ntac c ount ant ss houl ddot os a t i s f yt he i rus e r s ? A)pr ovi des pe c i a l i ze di nf or ma t i ont ha tgi ve nus e r sc a nus e B)c ons i de ronl yfina nc i alme a s ur es C)f oc use x c l us i ve l yoni nt er nalus e r s D)f ol l ow ge ner a l l yac c e pt e dac c ount i ngpr i nc i pl es

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For Full Chapters : [email protected] E)f oc usonpl a nni ngmor et hanc ont r ol Ans we r :A Di ff: 2 T ype : MC CP ACompe t e nc i e s :Cha pt e r13 . 1 . 1Eva l ua t e sma na ge me nti nf or ma t i onr e qui r e me nt s , 3 . 1 . 2Eva l ua t e st het ype sofi nf or ma t i ons ys t e msus e da ndt her ol et he ypl a yi na nor ga ni za t i on, 3 . 1 . 4I de nt i fie se t hi c ala ndpr i vac yi s s ue sr e l a t e dt oi nf or ma t i ont e c hnol ogy Ski l l :Unde r s t a ndi ng Obj e c t i ve :LO 1 1

2 0)" Cos tma na ge me nt "de s c r i be s A)t heac t i onsbymana ge r st oi nc r e as eval uef orc us t ome r swhi l ec ont i nuous l yr e duc i ngandc ont r ol l i ng c os t s . B)t hei de nt i fic a t i onofe x c e s s i vec os t si nt hepr oduc t i onpr oc es s . C)t hes a t i s f a c t i onofc us t ome r s ' ne e ds . D)ac t i onsbyma na ge r st os a t i s f yc us t omer swhi l emai nt ai ni ngc ur r e ntc os tl e ve l s . E)e ns ur i ngal lc os t sr e ma i nsc ons t a nt . Ans we r :A Di ff: 2 T ype : MC CP ACompe t e nc i e s :Cha pt e r13 . 1 . 1Eva l ua t e sma na ge me nti nf or ma t i onr e qui r e me nt s , 3 . 1 . 2Eva l ua t e st het ype sofi nf or ma t i ons ys t e msus e da ndt her ol et he ypl a yi na nor ga ni za t i on, 3 . 1 . 4I de nt i fie se t hi c ala ndpr i vac yi s s ue sr e l a t e dt oi nf or ma t i ont e c hnol ogy Ski l l :Re me mbe r i ng Obj e c t i ve :LO 1 1

2 1)Doyoua gr e et ha tpr i orma na ge me ntde c i s i onsaffe c tc os tmana ge me nt ? A)Ye s . Mana ge r ss houl da l wa ysf ol l ow pr i orma na ge me ntdec i s i ons , f ore x ampl e ,i nt hede t e r mi na t i onof t heEOQ. B)No. Mana ge r ss houl di gnor epr i orma na ge me ntde c i s i ons . C)Ye s . Ma na ge r ss houl da l wa yss t r i vet ol owe rt hec os t si nc ur r e dl as tye ar ,a st he i rnumbe r1pr i or i t y . D)Yes .Theonl ypr i ormana ge me ntde c i s i onst ha tc a na ffe c tc os tma na ge me ntgoi ngf or war d,ar e c onc e r ne dwi t he mpl oye ewa ge s .Al lot he rde c i s i onsc a nbec hanged. E)Ye s .Pr i ormana ge me ntde c i s i onsc anaffe c ta nyar e aoft hebus i ne s sope r a t i ons , andc ommi tt he or ga ni z a t i ont ot hes ubs e que ntorc ont i nue di nc ur r e nc eofc os t si ns uc har e a sa sma t e r i alhandl i ng,and pl antc ons t r uc t i on,f ore xampl e . Ans we r :E Di ff: 2 T ype : MC CP ACompe t e nc i e s :Cha pt e r13 . 1 . 1Eva l ua t e sma na ge me nti nf or ma t i onr e qui r e me nt s , 3 . 1 . 2Eva l ua t e st het ype sofi nf or ma t i ons ys t e msus e da ndt her ol et he ypl a yi na nor ga ni za t i on, 3 . 1 . 4I de nt i fie se t hi c ala ndpr i vac yi s s ue sr e l a t e dt oi nf or ma t i ont e c hnol ogy Ski l l :Unde r s t a ndi ng Obj e c t i ve :LO 1 1

2 2)Mana ge me ntac c ount i ng A)he l psc r e di t or se val ua t et hec ompany' spe r f or ma nc e . B)he l psmana ge r smakedec i s i ons . C)i sus e f ulf ore xt e r na landi nt e r nalus e r s . D)c r e a t e st e c hni c alr e por t st ha tr e qui r ee xt e r na laudi tf orve r i fic a t i on. E)i st hes a measc os tac c ount i ng. Ans we r :B Di ff: 2 T ype : MC CP ACompe t e nc i e s :Cha pt e r13 . 1 . 1Eva l ua t e sma na ge me nti nf or ma t i onr e qui r e me nt s , 3 . 1 . 2Eva l ua t e st het ype sofi nf or ma t i ons ys t e msus e da ndt her ol et he ypl a yi na nor ga ni za t i on, 3 . 1 . 4I de nt i fie se t hi c ala ndpr i vac yi s s ue sr e l a t e dt oi nf or ma t i ont e c hnol ogy

6 For Full Chapters : [email protected]

For Full Chapters : [email protected] Ski l l :Re me mbe r i ng Obj e c t i ve :LO 1 1

2 3)Ent e r pr i s eRe s our c ePl a nni ngs of t wa r e( ERP) A)i nt e gr a t e sda t aandpr ovi dema na ge r swi t hr e por t st ha thi ghl i ghtt hei nt e r de pe nde nc eofdi ffer e nt bus i ne s sac t i vi t i es . B)f a c i l i t a t e s" Eas yRepor t i ngf orPr opos a l s . " C)pr ovi desfina nc i a lr e por t sf ore ac hs e par a t ee nt e r pr i s ei nac ongl ome r a t e . D)i sus e donl ybypl antmana ge r st oc r e a t e" Ex c e pt i ona lRe por t sf orPr oduc t i on. " E)i sf r e es of t war edo wnl oade dove rt heI nt e r net . Ans we r :A Di ff: 1 T ype : MC CP ACompe t e nc i e s :Cha pt e r13 . 1 . 1Eva l ua t e sma na ge me nti nf or ma t i onr e qui r e me nt s , 3 . 1 . 2Eva l ua t e st het ype sofi nf or ma t i ons ys t e msus e da ndt her ol et he ypl a yi na nor ga ni za t i on, 3 . 1 . 4I de nt i fie se t hi c ala ndpr i vac yi s s ue sr e l a t e dt oi nf or ma t i ont e c hnol ogy Ski l l :Re me mbe r i ng Obj e c t i ve :LO 1 1

2 4)Mana ge me ntac c ount i ng A)me a s ur e s ,a nal yze s ,andr epor t sfina nc i a landnonfinanc i ali nf or ma t i ont oi nt e r na lma na ger s . B)pr ovi de si nf or ma t i ona boutt hec ompa nyasawhol e . C)r e por t si nf or ma t i ont ha thasoc c ur r e di nt hepas tt ha ti sve r i fia bl ea ndr e l i abl e . D)pr ovi desi nf or ma t i ont ha ti sge ne r a l l ya vai l a bl eonl yonaquar t er l yora nnualba s i s . E)mus tf ol l o w ge ner a l l ya c c e pt e da c c ount i ngpr i nc i pl e s . Ans we r :A Di ff: 2 T ype : MC CP ACompe t e nc i e s :Cha pt e r13 . 1 . 1Eva l ua t e sma na ge me nti nf or ma t i onr e qui r e me nt s , 3 . 1 . 2Eva l ua t e st het ype sofi nf or ma t i ons ys t e msus e da ndt her ol et he ypl a yi na nor ga ni za t i on, 3 . 1 . 4I de nt i fie se t hi c ala ndpr i vac yi s s ue sr e l a t e dt oi nf or ma t i ont e c hnol ogy Ski l l :Re me mbe r i ng Obj e c t i ve :LO 1 1

7 For Full Chapters : [email protected]

For Full Chapters : [email protected] 2 5)Fi na nc i alac c ount i ng A)f oc us e sont hef ut ur ea ndi nc l ude sa c t i vi t i e ss uc haspr e par i ngne x tye a r ' soper a t i ngbudge t . B)mus tc ompl ywi t hI FRS/ASPE. C)r e por t si nc l udede t ai l e di nf or ma t i onont hevar i ousope r a t i ngs e gme nt soft hebus i ne s ss uc ha s pr oduc tl i ne sorde pa r t me nt s . D)i spr epar e df ort heus eofde pa r t me nthe a dsandot he re mpl oye es . E)i spr i ma r i l yc onc er ne dwi t hpr ofit a bi l i ...