Explain two of the risks companies face when outsourcing the IT function. How can the risks you explained be overcome?

Q: What makes the cost-benefit analysis more difficult for information systems than most other…

A: Cost Benefit Analysis: Cost benefit analysis is conducted to determine whether the proposed system…

Q: How can CVP analysis be used by companies with multiple products?

A: Cost Volume Profit Analysis (CVP Analysis): This analysis is helpful in determining how any type of…

Q: Which statement best describes cloud computing?a. Cloud computing involves long-term contracts.b.…

A: The transactions that are happened in the company will be analyzed, and recorded in the first book…

Q: Give reasons why WACC is important and examples where it is useful to a company

A: WACC is the rate of return that stakeholders expect for their investment in the firm. So, it helps…

Q: Do you think the key to further improve computer security lies in more effective user training or in…

A: Having an effective computer security system in place has become very essential in current business…

Q: How can intranet expansion increase risk to an organization?

A: Organization: Organization refers to the group of organized people with a particular purpose of…

Q: (1) Why are leverage points in a system so critical tounderstand? (2) Why should a manager in…

A: Disclaimer: “Since you have asked multiple question, we will solve the first question for you. If…

Q: What questions should managers answer when considering outsourcing?

A:

Q: What is the e-business model implemented by Slack? Explain

A: E-business: It is the conduct of business and its associated processes through the internet medium.…

Q: Why does the high cost of the system negatively impact the organization's bottom line?

A: The question is based on the concept of bottom line of a company and its relationship with high cost

Q: Explain TWO reasons why the WACC is important to a company

A: WACC is Weighted Average Cost of Capital. This cost of capital is a combination of cost of debt…

Q: Which is a disadvantage of an enterprise resource planning (ERP) system? a. Helps companies adjust…

A: Disadvantages of ERP: Changes to business process Complexity cost

Q: 1. Why would a company use CVP analysis?

A: Cost-volume-profit analysis, or CVP, is something companies use to figure out how changes in costs…

Q: risk management ideas, common reaction strategies, and IT system recovery issues

A: Some of the important risk management ideas are listed below: Keep an eye on changes in your…

Q: eXtensible Business Reporting Language (XBRL)

A: Option A is wrong because the statement is true. XBRL helps to reduce the manual work. Option B is…

Q: explain what Enterprise Modelling

A: ERP stands for Enterprises Resource Planning, it a software that integrate all the data related to…

Q: and explaint the following agency problems in the context financing an entrepreneurial firm: A.…

A: An agency dilemma is a conflict of interest that exists in every connection in which one person is…

Q: Which is a disadvantage of an enterprise resource planning (ERP) system? Helps companies adjust to…

A: Enterprise resource planning: It is a process that integrates different areas of the organization…

Q: Why should the product and f

A: Financial stability: Financial stability can be defined as the financial condition of a company…

Q: What are the things that need improvement in Xero Accounting Software?

A: Xero is an accounting software. By using of this software it help business to record business…

Q: Discuss the implications of not having a data governance framework to support product analytics

A: Data governance is referred as the process of the management of the usability, integrity,…

Q: ntages of using different man

A: Software is combination of many program that works together to achieve a desired function. These…

Q: discuss how to solve the problem of lack of technology in strategic management accounting.

A: Answer: According to data - Today organizations find themselves in the race to use new technologies…

Q: Sometimes, a newly implemented AIS may not receive proper support from the users. These behavioural…

A: Change is always tough to implement since every change in the organization may be a nightmare for so…

Q: What can be done by a business to mitigate: Execution risk Technology risk Reputation risk…

A: Risk management  Risk management is the identification, evaluation, and prioritization of risks…

Q: When an ERP implementation fails, who is to blame? Is it the software manufacturer, the client firm,…

A:

Q: List and explain some reasons companies might employ riskmanagement techniques.

A: Risk management techniques are used to reduce or manage the risk faced by the business. It helps the…

Q: XYZ Inc, is a BPO company that carters to different services; call center, finance, and information…

A: The following cost drivers are listed for XYZ Incorporation:

Q: Identify which of the statements below are true (T) or false (F). Lean businesses aim to: Reduce…

A: Accounting is primarily concerned with identifying, recording, measuring, summarizing transactions…

Q: Identify the factor that affects the faithful representation. a. Efficiency of computer systems b.…

A: Level of incomplete is a factor that affects the faithful representation.... Option D level of…

Q: Provide 2 examples of situation where the use of ROI can lead to decisions which may harm the future…

A: Return on investment: Return on investment (ROI) or return on costs is a ratio between net income…

Q: XYZ Inc, is a BPO company that carters to different services: call.center.finance, and information…

A: The following cost drivers are listed for XYZ Incorporation.

Q: "the company's difficulty in keeping up with the latest technology" how to avoid such issues using…

A: Today organizations find themselves in a race to adopt new technologies in order to keep up with…

Q: Explain how IT outsourcing can lead to loss of strategic advantage.

A:

Q: Management and auditor are concerned about segregation of duties in computer based systems? Why? How…

A: The process or technique implemented by an entity to increase the operational efficiency and…

Q: What are the disadvantages of outsourcing? (BUY)

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

Q: The following describes the benefits of having a sound enterprise- wide Risk Management System…

A: Enterprise wide risk management have benefits of Manage performance variability Enhancing business…

Q: Discuss the differences between internal and external users of information and their needs and…

A:

Q: How can ABM be used by service companies?

A: Activity Based Management Activity-based management is refer as the one of the cost management…

Q: Can you explain the comparables method?( Must include how it works , key factors ,how we determine…

A: Comparable Method or comparable company analysis (CCA) is referred to as the procedures for…

Computerized Accounting System

The Computerized Accounting System is generally a system of maintaining accounts using computers. In this method of accounting system, the accounting transactions are processed through the use of hardware and software to generate the reports such as journals, ledgers, trial balance, trading account, P/L accounts, balance and other reports.