chapter 1 accounting information systems: An overview Suggested Answers to Discussion Questions 1.1 The value of information is the difference between the benefits realized from using that information and the costs of producing it. Would you‚ or any organization‚ ever produce information if its expected costs exceeded its benefits? If so‚ provide some examples. If not‚ why not? Most organizations produce information only if its value exceeds its cost. However‚ there are two situations
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SOLUTIONS TO BRIEF EXERCISES BRIEF EXERCISE 7-1 The correct order is: 1. 2. 3. 4. Identify the problem and assign responsibility. Determine and evaluate possible courses of action. Make a decision. Review results of the decision. BRIEF EXERCISE 7-2 Net Income Increase (Decrease) ($ 35‚000) (25‚000) $ 10‚000 Alternative A Revenues Costs Net income $150‚000 100‚000 $ 50‚000 Alternative B $185‚000 125‚000 $ 60‚000 Alternative B is better than Alternative A. BRIEF EXERCISE 7-3 Net Income
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Outcome 1: Reflective Account No.1 Outcomes 1a‚ b‚ n‚ o‚ p‚ r and u In this reflective account I will be using the Gibbs Reflective Cycle (Gibbs 1988). As stated by the NMC "You must respect people’s right to confidentiality." (NMC 2010) So all names will be changed throughout this reflective account. On my recent placement in Hairmyres hospital I had been asked by a nurse if I wanted to do the medicine round with them to get an idea of what it was like‚ I had agreed to this and found it interesting
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ECE 302 Problem Set 9 Fall 2013 The following problems have been selected from the course text. 4.78 In a large collection of wires‚ the length of a wire is X‚ an exponential random variable with mean 5π cm. Each wire is cut to make rings of diameter 1 cm. Find the probability mass function for the number of complete rings produced by each length of wire. 4.85 The exam grades in a certain class have a Gaussian pdf with mean m and standard deviation σ. Find the constants a and b so that
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and services? LO 2 What causes underapplied or overapplied overhead‚ and how is it treated at the end of a period? LO 3 What impact do different capacity measures have on setting predetermined overhead rates? LO 4 How are the high-low method and least squares regression analysis used in analyzing mixed costs? LO 5 How do managers use flexible budgets to set predetermined overhead rates? LO 6 How do absorption and variable costing differ? LO 7 How do changes in sales or production levels
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SaleSoft‚ Inc (A) CASE FACTS: The main objective of SaleSoft (SS) is of becoming a leader in the high end of the Sales Automation (SA) software industry for which they introduced PROCEED which had very little competition and high demand. Now‚ SS needs to decide whether or not to introduce a Trojan Horse (TH) product which could potentially distract SS from its primary objective. There is a risk that if SS launches TH then the sales of PROCEED might get affected. PROCEED had received good response
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Presentation reflective account Introduction I shall analyse my presentation‚ commenting on: • where I used my skills well; • my understanding of adaptations within my role; and • areas for improvement. Knowledge and understanding As feedback noted‚ I included a good level of information on my chosen client‚ (representing the diverse group - Older Adults). I presented knowledge and understanding on how I worked collaboratively to address barriers. My presentation highlighted
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theory overall the greatest philosophers in the world have always had different beliefs About the ethics of religion‚ justice‚ and how To treat people. Yet‚ as brilliant as Those philosophers were like Immanuel Kant and saccrotes were they among many others still could not answer the question of what would be a satisfactory moral theory or what it would be like. Based on the fact that there are so many people of different races Religions and cultural beliefs it has proven most difficult
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GENERAL BIOCHEMISTRY Problem Set No. 1 Answered by: Andrea Rose A. Fajardo of BSFT 2-1N 1. Calculate the pH of a dilute solution that contains a molar ratio of potassium acetate to acetic acid (pKa=4.76) of: a. 2:1 pH = 4.76 + log[2]/[1] = 4.76 + 0.3010 = 5.06 b. 1:4 pH = 4.76 + log[1]/[4] = 4.76 + (-0.6021) = 4.16 c. 6:5 pH = 4.76 + log[6]/[5] = 4.76 + 0.0792
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Single-Parenting Families: Attached Stigmas The social deviance that interests me is single parenting‚ one who chose to have a child out of wed-lock. The stigma attached to being a single parent is rising anew. Many media commentators blame America’s uptrend in violence and other social problems on family breakdown - on single parents. This stigma is based on myths and stereotypes that have been promoted by half-truths and‚ often‚ by prejudiced viewpoints. Many in our society still regard single
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