What is a responsibility center?

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

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

Q: What are the advantages of using HRMS in an organisation?

A: (1) Improved data management. HRMS can handle all employee information as well as…

Q: Explain the Activity Hierarchies with example?

A: Activity hierarchy is a system that is used in the activity based account to keep track on the…

Q: How can data analysis be used to identify stakeholders?

A: Stakeholder analysis involves the study of identifying, collecting, and analyzing data on different…

Q: What are the three most common forms of responsibility centers?

A:

Q: What is the role of the data control group?

A: The question is based on the concept of control group in experiment.

Q: How to be an ips officer

A: The answer is stated below:

Q: What is shared service agreement menas in a internal control system?

A: Internal Control System:-It is a set of rules and protocol which the company and management set for…

Q: Can responsibility be delegated? Explain?

A: No,authority can be delegated but responsibility is absolute and cannot be delegated.

Q: Describe about the Enterprise Resource Planning. What are its objectives?

A: Enterprise Resource Planning:   It refers to a framework within an organization where the management…

Q: Define clientele effect

A: Clientele effect It clarifies the development in the stock cost of a firm as indicated by its…

Q: How do you think the "organizer of activity"?

A: The question seems confusing. Therefore, I am answering the following terms: Organized activity…

Q: Explain an example of internal users.

A: Accounting: Accounting is a system, or a process of collecting and organizing economic transactions,…

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 is information system ? Elaborate and describe the details

A: Solution- Information systems-        AN system could be a collection of interconnected elements to…

Q: What are the primary reasons for segmenting organizations?

A: Market Segmentation:   Market segmentation refers to research that results in dividing the customers…

Q: What is a data model?

A: Data model is presentation of data in a logical manner; so that, data can be read and processed by…

Q: What is the relationship among data, information, and an information system?

A: The meanings for following terms are stated below: Data: It can be described as unprocessed facts…

Q: define the characteristics of an organized structure   which are the most relevant features for an…

A: Organizational Structure:   Organizational structure refers to the manner in which activities such…

Q: What is the purpose of organizations and why do they exist?

A: The organization  is a process that  involves the people , their strong commitment  and efforts to…

Q: What is the importance of Responsibility Accounting?

A: Responsibility accounting is an essential thought of accounting execution assessment structures. The…

Q: What should be the primary objective of managers?

A: Manager is a person who controls, supervise and manages the overall staff of a particular company.…

Q: What is accountability

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

Q: What is a CMO?

A: A collateralize mortgage obligation (CMO) refers to a type of mortgage-backed security that contains…

Q: What is an engagement quality review?

A: When it comes to an engagement quality review, a reviewer should evaluate the significant judgements…

Q: What are the two dimensions of the activity-based management model?How do they differ?

A: Activity based costing is a type of costing method which allocate indirect cost based on their…

Q: What are the major inputs to the MRP system?

A: The preparation of material requirements planning (MRP) is a method for measuring the materials and…

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

A:

Q: What is a management control system?

A: Management control system:

Q: What is task-data dependency?

A: The lack of ability of a user to get additional data when their requirements fluctuate is known as…

Q: What is the internal control principle?

A: Internal control means to control and check everything related to management. It ensures that the…

Q: What is a control account?

A: Control account: It is a particular account that is recorded in the general ledger in a summarized…

Q: What does stewardship mean and what is its role in an information system?

A: Definition: Accounting information system: The system which helps to gather, store, and process the…

Q: Explain an example of external users.

A: Financial Statement:   They are annual reports of an organization summarizing the financial…

Q: Give examples of external forces that may affect human resources. Explain them briefly.

A: External forces that affect company human resources are the factors environment which are outside…

Q: Define the term lnvesting activities? Explain with an example?

A: Investing activities are the activities in a business which involves investment done during a…

Q: What are support events?

A:

Q: Explain what is meant by the decision pattern ?

A: Decisions patterns is how decisions are made what is psychology behind the decision making.

Q: What is an agency problem?

A: The agency drawback may be a conflict of interest that happens once agents do not absolutely…

Q: What is the role of the data Librarian?

A: Auditing means the inspection of financial accounts of the company to determine if the records are…

Q: what is posting system in detail ?

A: Accounting is a tool of recording, summarising and analysing the financial transactions and events…

Q: What is the purpose of quality management systems?

A: Quality management system is a process that a business should adopt to manage information. This is a…