Distinguish between reverse engineering and reengineering.

Q: Why have re-engineering efforts been made to integrate AIS and MIS?

A: An Accounting Information System (AIS) uses financial data where a Management Information System…

Q: Distinguish between turnkey and backbone systems. Which is more flexible?

A:

Q: Explain efficient frontier?

A: Investors look for the portfolios that would generate maximum return at an allowable level of risk.…

Q: What's the related cost of implementing database system?

A: This question explains about  the related cost of implementing database system.

Q: Describe about the DVL methods and what are its advantages?

A: Dollar-value-LIFO: This method shows all the inventory figures at a dollar price rather than units.…

Q: What is the advantages and disadvantages of turnkey systems?

A: Introduction; A turnkey system is when the company develops, builds, and tests a manufacturing…

Q: Define computer-integrated manufacturing.

A: Conversion Cycle:   A set of all processes that are used to collect inputs and convert them into…

Q: Define Modified Accelerated Cost Recovery System (MACRS)

A: If a company purchases a fixed asset, the value of the asset cannot be same every year. The value of…

Q: Explain the benefits of supply-chain analysis.

A: In supply chain analysis, every stage of a supply chain that includes the purchase of raw material,…

Q: Define software development costs.

A:

Q: Briefly explain the major components of AIS

A: SOLUTION- ACCOUNTING INFORMATION SYSTEM (AIS) IS A WAY OF TRACKING ALL ACCOUNTING AND BUSINESS…

Q: What is Monte Carlo simulation analysis?

A: Answer: Monte Carlo simulation is the methodology used to consider the financial, cost, and project…

Q: List the advantages of decentralization.

A: Decentralization refers to the organizational structure under which the top management delegates…

Q: Test data, an integrated test facility, and parallel simulation are compared and contrasted.…

A: Introduction: Test data is data used solely for testing within computer programs, and it is…

Q: Explain the issues of size, speed, workload, and transaction as they relate to scalability

A:

Q: Discuss the advantages and disadvantages of using pictographs

A: It is better for finding the weight.. It can be presented diagrammatically in a simple way... All…

Q: What is bolt-on software?

A: Software:   Software can be defined as a set of data, programs, and instructions that are used to…

Q: Explain the benefits of JIT.

A: Just-in-time manufacturing system: Just-in-time (JIT) manufacturing system is an approach to…

Q: What is conversion cycle? describe in detail

A: The main objective of working capital management is to ensure the ability of the company to continue…

Q: Describe the benefits of decentralization.

A:

Q: What is a dynamic virtual organization?

A: Dynamic Virtual Organization: Dynamic virtual organization is a firm where a platform is provided to…

Q: Define outsourcing.

A: Outsourcing: Outsourcing refers to hiring another company, to undertake a business process of the…

Q: Define the term accelerated cost recovery system (AC RS)?

A: The AC RS is a method of depreciation. It is used for depreciating the property for tax purposes

Q: Define efficient frontier

A: The efficient frontier is the collection of efficient portfolios, which provide the most expected…

Q: What is the objective of output controls? List and briefly describe different output controls.

A: Output control guaranteed that the program's result was precise and complete. Output control focuses…

Q: What are the benefits and drawbacks of turnkey systems?

A: Here is the Answer

Q: How may batch processing be used to improve operational efficiency?

A: Batch Processing: Batch processing refers to as a process involving multiple transactions which are…

Q: What is modified accelerated cost recovery system (MACRS)?

A: Any fixed asset purchased has a fixed life throughout which it has to be used. Over the course of…

Q: Distinguish between computer-aided design and computer-aided manufacturing.

A: Computer-Aided Design: Computer-aided design software brought the revolution in processing through…

Q: Compare and contrast the structured design approach and the object-oriented approach. Which do you…

A: Given question is about the difference between the structured design approach and the object…

Q: What exactly are the advantages and disadvantages of turnkey systems?

A: Here are the advantages and disadvantages of turnkey systems:

Q: What documents trigger and support batch processing systems?

A: Batch processing system refers to the transaction’s processing in a bunch or group. The interaction…

Q: Discuss the concept of Monte Carlo simulation

A: Monte Carlo is also know as multiple probability simulation and it furnishes the user with a range…

Q: Why do ERP systems need bolt-on software? Give an example of bolt-on software.

A:

Q: What are two approaches to conceptual systems design?

A: Conceptual Design:   Conceptual design is that structure which provides various conceptual system…

Q: What is an enterprise resource planning (ERP) system? What are the advantages and disadvantages of…

A:

Q: What does data cleansing mean?

A:

Q: In what ways do turnkey systems have advantages and disadvantages that you should know about?

A: Introduction: Under a turnkey system, the firm designs, constructs, runs, and transfers a production…

Q: What is the difference between system software and application software?

A: System Software is the software type which is the interface between system & application…

Q: What is the objective of reengineering?

A: The reengineering is also known as Business Process Reengineering (BPR) and it refers to an effort…

Q: Explain Evaluat ing a Single Project?

A: Capital budgeting is referred as the process of decision making which is used by companies to…