Management Information Systems The Lebanese ministry of finance has recently announced a new regulation regarding how to control andcalculate the companies due taxes. According to this announcement companies must use a specialsoftware application to link their data (balance sheets and other tax related information) online with theministry. Since then, most of the companies have adopted "Tax-Pro", a system designed specifically forsuch activities and approved by the ministry. "Tax-Pro" can access and extract all the company's data,already existed on other systems, and then produce many periodic reports like monthly, quarterly, and end-of-year balances, plus various taxation accounts. The main purpose of the system is to control andmonitor all tax-related information of these companies."John", the manager of one of the companies using "Tax-Pro", suggested that the system must include aportal for more analytical power, mainly to get a real-time view of the company's key financial performanceindicators compared with market and competitors information.Which type of systems is suggested by John? *ESSO TPSERPO KMS The Lebanese ministry of finance has recently announced a new regulation regarding how to control andcalculate the companies due taxes. According to this announcement companies must use a specialsoftware application to link their data (balance sheets and other tax related information) online with theministry. Since then, most of the companies have adopted "Tax-Pro", a system designed specifically forsuch activities and approved by the ministry. "Tax-Pro" can access and extract all the company's data,already existed on other systems, and then produce many periodic reports like monthly, quarterly, and end-of-year balances, plus various taxation accounts. The main purpose of the system is to control andmonitor all tax-related information of these companies."John", the manager of one of the companies using "Tax-Pro", suggested that the system must include aportal for more analytical power, mainly to get a real-time view of the company's key financial performanceindicators compared with market and competitors information.Which strategic objective is achieved by the companies through using "Tax-Pro"information system? *Competitive advantageBetter decision makingSurvivalCustomer & Supplier intimacy

Information system: It is a system created to collect, store, manage, process, distribute, and…

Answered: The Lebanese ministry of finance has…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Starting 1 January 2020, the government began imposing a digital services tax (DST) of six per cent on foreign digital service providers (FSPs) in Malaysia. You are required to produce the write up on Digital Service Tax (DST) in Malaysia. Below is the content of yourwrite up. How does the digital tax will affect the sellers or service providers? Please provide explaination it clearly, genuine not googleable
Why it is required to issue the letter of credit?
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According to the TILA-RESPA Integrated Disclosure rule (TRID), which of the following parties is responsible for providing the Loan Estimate? A) The real estate broker B) The lender C) The loan servicer D) The closing agent
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Gadget King Corporation manufactures personal computers, tablets and mobile phones. The company began operations in 2015 and reported profits for the years 2015 through 2018. Due primarily to increased competition and price slashing in the industry, 2019’s income statement reported a loss of P15,000,000. Just before the end of the 2020 financial year, a memo from the company’s chief financial officer to Hendrick Cruz, the company controller and Nathan Santos, the company director for finance, included the following comments: If we don’t do something about the large number of unsold computers, tablets and mobile phones already manufactured, our auditors will require us to write them off. The resulting loss for2020 will cause a violation of our debt covenants and force the company into bankruptcy. I suggest that you ship half of our inventory to Bilis Benta, Inc., in Quezon City. I know the company’s president and he will accept the merchandise and acknowledge the shipment as purchase.…
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Discuss the ethical considerations and data privacy concerns associated with CRM systems, especially in light of GDPR and similar regulations.
The government started imposing a Digital Services Tax (DST) of six per cent on 1 January 2020 on foreign digital service providers (FSPs) in Malaysia You are required to generate the Digital Service Tax (DST) write-up. Below is the content of the Write it out. 1. How will sellers/ service providers be impacted by the digital tax? 2. How the digital tax effect customers 3. How the digital tax will affect government
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