What are the benefits and drawbacks of turnkey systems?

Q: Why can the formal announcement of a new system technique be crucial?

A: Formal Announcement:   Formal announcement in context to a new system technique means to make the…

Q: Explain CMO Mechanics?

A: Collateralized mortgage obligation: It is a financial instrument that raises funds by…

Q: Are computer ethical issues new problems or just a new twist on old problems?

A: Ethics: Ethics can be defined as a conduct adopted by an individual in making the selection between…

Q: How is EDI more than technology? What unique control problems may it pose?

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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 are the key limitations of an internal control system?

A: Internal Control: A mechanism to maintain the goals of an entity in terms of organizational…

Q: What exactly are ESOPs? What are some of its benefits and drawbacks?

A: Introduction: ESOP: Employee stock ownership plan is retirement plans for employees of the company…

Q: What is keystroke monitoring?

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Q: What are the computer ethical issues regarding equity in access?

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Q: What are the differences between a centralized and decentralized network?

A: Social Network- The term "social network" refers to internet-based networking with friends, family,…

Q: What are the issues that need to be considered before implementing keystroke monitoring?

A: Keystroke monitoring means recording the client's keystrokes and the reaction of the framework. This…

Q: Why is human behavior considered one of the biggest potential threats to operating system integrity?

A: Operating system: The system which provides the basic functioning of a device by interconnecting the…

Q: What is the fundamental concept behind the rule of least access? Explain why this is a potential…

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Q: What is Monte Carlo simulation?

A: The question is based on the concept of Monte Carlo simulation, the method is based on  stochastic…

Q: What are the main costs and limitations of implementing ABC systems?

A: Activity Based Costing: Activity based costing is one of the methods of costing to identify the…

Q: What is the mechanism via which Naics operates?

A: It is about the mechanism via which Naics operates:

Q: What is system decomposition and subsystem interdependency? How are they related?

A: Decomposition in computer terminology refers to factoring which is the breaking down of a complex…

Q: What is Monte Carlo simulation analysis?

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

Q: What was the purpose of creating the EDGAR system?

A: Definition:   Electronic Data Gathering, Analysis, and Retrieval (EDGAR) are the electronic filing…

Q: What are some enterprise system failures?

A: INTRODUCTION: Although a business might be an enterprise, not all companies are enterprises. An…

Q: What is the heart of ERP system?

A: Given: It is necessary to inquire about the element at the core of the ERP.

Q: What are the implications of CVP analysis?

A: The CVP analysis stands for cost volume profit analysis.

Q: What are the advantages and disadvantages of  LIFO?

A: Last-in-First-Out: In Last-in-First Out method, the costs of last purchased items are considered as…

Q: When is a New AIS is needed?

A: AIS is accounting information system is a whole information system which provides information about…

Q: What are the advantages and disadvantages of using MUS? Under what conditions is it best used?

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Q: What is scalability?

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Q: What is the concept behind the EOQ model?

A: Economic Order Quantity (EOQ) Model: It is a method of inventory costing that aims to identify the…

Q: What are some suggestions for risk management, typical response tactics, and IT system recovery…

A: Risk management:  A system of people, processes, and technology called risk management helps a…

Q: Blockchain is a technology that?

A: Blockchain ( Chain of blocks ) : It is a system which records the message , text or information in a…

Q: Why might firm decide to implement only certain modules in an an ERP system rather than a complete…

A: ERP is a software used by companies in managing their operating activities electronically in a more…

Q: What conditions increase the demand for reliable information?

A: Nowadays it is very difficult to trust someone. cheating and frauds have become so common. which…

Q: What are the advantages and disadvantages of XERO?

A: XERO is cloud-based software of accounting that suite for small businesses, medium businesses, and…

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

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Q: What are the benefits and drawbacks of FIFO?

A: Introduction: First-in-First-Out:  In First-in-First-Out method, the costs of the initially…

Q: Explain how Naics Works?

A: OMB created NAICS as a standard for Federal statistical agencies to use in identifying businesses…

Q: How can thepayback method be useful?

A: Meaning:   The payback period is the time required to earn back the amount invested in a…

Q: What are practical weaknesses of NPO?

A: Organizations are described as business units which are established by the individuals, or group of…