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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:
Harris Company borrowed $800,000 from Liber Bank on January 1, 2013 in order to expand its mining capabilities. The five-year note required annual payments of $208,349 and carried an annual interest rate of 8.5%. What is the amount of expense Harr..
Kilograms produced and sold
Santos Company currently manufactures one of its crucial parts at a cost of $3.20 per unit. This cost is based on a normal production rate of 70,000 units per year. Variable costs are $1.70 per unit, fixed costs related to making this part are $70..
Compute the on-time saving amount when you can earn 1% each day from the stock market, Suppose you can trade 250 times each year.
What is the cumulative cash flow at the end of Quarter
Many assets are presented at historical cost. Why does this accounting principle cause difficulties in financial statement analysis?
Provide the revised figures in the Payoff Table below complete the evaluation for the five EMV's. Show your logic and calculations and evaluate the BatesManor dollar sales at retail prices in their average store. Describe your reasoning and state a..
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Discuss briefly the various categories of these investments and why the accounting approach differs. Provide reference in APA format and Maximum 250 words.
Jed wants to know whether he can claim a deduction under section 179 on his 2013 income tax return for the costs incurred in 2009 with respect to planting the vineyard and can someone please let me know if there are deductions that he can claim?
Was overhead underapplied or overapplied? Explain and if there is anything left in the overhead account, what could be done with those dollars?
critically explain cost accounting as 1. a service activity 2. a descriptive/analytical discipline 3. an information system
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