financial auditors c) Auditors who have a lot of technical expertise related to information technology d) all of the above 4. Which of the following is not an ability of client/server computing? a) Alter data stored elsewhere on the network b) Process a transaction that may affect data stored on both client and server computers c) Query or manipulate the warehoused data on the server d) Increased networking capabilities between different file formats on multiple systems 5. Software that enables
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triple the head count within our IT department from three to ten employees. From my perspective‚ as an employee of the company‚ Acorda has a large gap between business personnel and IT personnel. According to our book‚ Business Driven Information Systems‚ “One of the greatest challenges today is effective communication between business personnel and IT personnel.” (Phillips‚ p. 15) Acorda has great programs and systems in place‚ but when organizations IT department is understaffed‚ even the
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describes a data warehouse as discussed in Chapter 1? A) A repository of historical information from one accounting application B) A repository of historical information from a set of accounting applications C) A repository of information from many business applications—some not accounting D) A repository of information from many businesses in the same industry 6. Bernard Madoff is most closely associated with which of the following terms? A) The father of activity-based costing systems B) SAR C)
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(IT) has transformed all aspects of 21st century business and everyday life. New IT investments continue to be staggering. Worldwide‚ over $2.5 trillion is invested in IT. In the U.S.‚ over 50% of capital expenditures are related to IT. Information systems influence business processes‚ organizational structures‚ and the ways people do business‚ work‚ and communicate. Emerging technologies have triggered new forms of organization and business process innovation; they have also impacted organizational
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What are the major variables and the driving force behind legal outsourcing? Outsourcing begins with an understanding of your business’s core identity. If you understand your unique competitive advantage‚ you’re positioned to consider what work you’re doing that others could perform better. Essential areas of an organization are called core competencies. Microsoft Corporation’s core competencies‚ for example‚ are product design‚ product development and marketing. To the extent that Microsoft avoids
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useful‚ convenient format‚ easy to identify and consistent The chief concern for data collection is accuracy‚ timeliness‚ and cost effectiveness A business process is a collection of activities and workflows in an organisation that create value A business event does not affect the financial statement but it is still important to the business A sales process begins with the customer order and ends with the collection of cash Bankruptcy results from inadequate cashflows not negative income Forecasting
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Outsourcing Many companies outsource to different countries to pay lower labor costs‚ avoid paying benefits‚ and avoid bureaucratic policies in United States. In a Bloomberg Business Week article entitled “Outsourcing: A Passage out of India”‚ in this article John Helyar describes the increase of outsourcing facilities in Latin America and Europe. Companies are now offshoring a wide range of white collar services‚ including IT‚ payroll‚ finance‚ and accounting. One of the advantages is keeping
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Maintaining Internationalisation 9 Innovative improvements 9 Monitoring internationalised operations 9 Conclusion 11 References 12 Bibliography 13 Introduction A small business is a firm which is small in terms of employees and sales volume‚ although this is not always the case. A small business in the UK employ between 10-50 people‚ anything under or over this number makes the classification become void. Globally‚ small businesses range from a maximum of 15 people under Australian
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snapshot into some of the major issues and pressures faced by most industries. Outsourcing is a method by which companies try and overcome or at the very least mitigate some of the detrimental effects of these challenges. The BPO industry has specific expertise to address a lot of these issues as they were some of the very first issues that they had to overcome as they came into their own. Take for example‚ process orientation of BPO companies. This merits a special mention as their genesis depended
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letters‚ figures‚ sounds and images Ex. 3‚ 11‚ A‚ B C) 2) Knowledge – consists of data and/or information that have been organized and processed to convey understanding‚ experience‚ accumulated learning and expertise as they apply to a current business problem. Both these produce the information to take action - Information: data that have been organized so that they have meaning and value to the recipient. Ex. Grade point average (GPA) is data‚ but a student’s name coupled with his or her GPA
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