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Question:
Once the system selected had been implemented, Andrew asked Justin to identify who would be involved in testing the system to ensure it performed all the functions that Floating free Pty Ltd would require.
Justin thought since Justine would be the main person using the system on a day to day basis, as long as she was happy with the system that would be sufficient.
Required:
I. Discuss Justin's response, what should Andrews recommendations be in relation to Acceptance Testing?
2. Included in the Acceptance Testing will be verification of the system outputs, ie reports etc. What types of activities could Andrew include in the Acceptance Test to provide evidence that the system is operating correctly?
critically explain cost accounting as 1. a service activity 2. a descriptive/analytical discipline 3. an information system
Collateral security pass journal entries
Compute the predetermined overhead rate, using direct labor dollars as the allocation base and record the entries for all costs and revenues in T accounts and verify the ending balance in the Work in Process Inventory account.
How do changes in volume affect the break-even point and what important information is conveyed by the margin of safety calculations in CVP analysis?
Stahl Inc. produces three separate products from a common process costing $100,000. Each of the products can be sold at the split-off point or can be processed further and then sold for a higher price. Shown below are cost and selling price data f..
Describe the current costing system and list the potential weaknesses of this system regarding product costing accuracy and cost control and describe the proposed ABC system, the benefits from using it and why those benefits occur.
Evaluate the slope then explain what it means in terms of the rate of change of the dependent variable per unit change in the independent variable.
Find the GRI on the Internet. Outline the key GRI indicator protocols that relate to water. From the perspective of a report user, justify, for each protocol, why these aspects relating to water consumption should be reported.
What strategic objectives this Information System address and in each strategic objective (from answer 1), how does Information System improve business process?
The company settled the option on April 20 and purchased 300,000 pounds of soybean oil on May 3 at a spot price of $1.63 per pound. During May, the soybean oil was used to produce food. One-half of the resulting food was sold in June.
On February 2007, Reflection Corporation purchased a parcel of land as a factory site for $50,000 - Evaluate reflection should record the cost of the land and new building
Record the adjustment for uncollectible accounts on 31 st December, 2012 - Record the adjustment for uncollectible accounts.
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