Improper assumptions related to accounting

Assignment Help Accounting Basics
Reference no: EM13760516

In 1967, Russell Ackoff presented a classical analysis of misinformation in management (Ackoff's Management Misinformation Systems, Case 1-1, pg. 21 of the text). Now, you need to fast-forward to the present. After reading the case, craft your own version of misinformation in management by developing five (5) key incorrect assumptions that management makes about its accounting information systems.

For this assignment, research the Internet or Strayer databases for information related to improper assumptions concerning accounting information systems.

Write a five to seven (5-7) page paper in which you:

  1. Based on your research, assess how corporate leaders may make improper assumptions related to accounting information systems and the related information. Indicate the most negative potential impacts on business operations related to these assumptions. Provide support for your rationale.
  2. Suggest three to four (3-4) ways in which organizational performance may be improved when information is properly managed within a business system. Provide support for your rationale.
  3. Evaluate the level of system security (i.e., high, medium, low) needed to ensure information integrity within automated business systems. Provide support for your evaluation.
  4. Use at least three (3) quality resources in this assignment. 

Your assignment must follow these formatting requirements:

  • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format.
  • Include a cover page containing the title of the assignment. The cover page and the reference page are not included in the required assignment page length.

Reference no: EM13760516

Questions Cloud

Determine where violent crimes occur : Determine which kinds of threats warrant greater precautionary measures and determine where violent crimes occur
Write a review of platos theory of recollection : Write a review of Plato's Theory of Recollection and the Immortality of the Soul. "What happens to our soul after we die?" "Is there an afterlife?" "Do our souls even exist?"
Explain the humanities beyond your classroom : Explain the Humanities beyond your classroom, computer, and textbook, you are asked to do a certain type of "cultural activity" that fits well with our course and then report on your experience.
Program that declares an array : Write a program that declares an array "alpha" of 50 elements of type "double". Initialize the array so that the first 25 elements are equal to the square of the index variable and the last 25 elements are equal to three times the index variable...
Improper assumptions related to accounting : Based on your research, assess how corporate leaders may make improper assumptions related to accounting information systems and the related information. Indicate the most negative potential impacts on business operations related to these assumpti..
Prepare a single-step income statement : Prepare a single-step income statement for the year ended December 31, 2014.
Find out the applications of knowledge : Propose two (2) applications of knowledge that you have learned in this course to your current or a future position.
How would you respond to the criticism : How would you respond to the criticism that a proposed IT architecture is not feasible based on today's technology?
Fundamental concepts and principles in accounting : Identify and explain the fundamental concepts and principles in accounting, the components of the accounting equation, the primary financial accounting equation, and financial statements and reports.

Reviews

Write a Review

Accounting Basics Questions & Answers

  On march 31 2011 southwest gas leased equipment from a

on march 31 2011 southwest gas leased equipment from a supplier and agreed to pay 213000 annually for 19 years

  On june 10 rebecca company purchased 7600 of merchandise

on june 10 rebecca company purchased 7600 of merchandise from clinton company fob shipping point terms 210 n30. rebecca

  Prepare a net operating loss schedule

Prepare a net operating loss schedule

  In flagg company net income is 280000 if accounts

in flagg company net income is 280000. if accounts receivable increased 145000 and accounts payable decreased 50000 net

  Costs classified as batch-level costs should depend on the

costs classified as batch-level costs should depend on the number of batches processed rather than on the number of

  What is the basis of each machine

Emma Grace acquires three machines for $80,000 which have FMVs of $32,000 $28,000 and $20,000 respectively. The delivery cost is $500 and the installation costs amount to $2,500. What is the basis of each machine ?

  Compute trintos current ratio

Compute Trinton's current ratio, debt ration and earnings per share.

  Results of the premium plan

The purchase price of each mug to the company is 90 cents; in addition it costs 60 cents to mail each mug. The results of the premium plan for the years 2006 and 2007 are as follows (assume all purchases and sales are for cash)

  On july 1 2010 atwater corporation issued 1681700 face

on july 1 2010 atwater corporation issued 1681700 face value 9 10-year bonds at 1920720. this price resulted in an

  On february 12 6000 shares of lucas company are acquired at

on february 12 6000 shares of lucas company are acquired at aprice of 22 per share plus a 240 brokerage fee. on april22

  Explain why are companies with small levels of inventory

explain why are companies with small levels of inventory usually unconcerned with the choice of variable or absorption

  A bicycle plant runs two assembly lines a and b 969 of line

a bicycle plant runs two assembly lines a and b. 96.9 of line arsquos products pass instruction while only 93.8 of line

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd