Question
21.Describe an internal control that would preventthe charging of depreciation expense to the maintenancedepartment for a sweeper that is nowlocated in and used by the
21.Describe an internal control that would preventthe charging of depreciation expense to the maintenancedepartment for a sweeper that is nowlocated in and used by the engineering department.
22.Supervisors in the work centers oversee the usageof raw material in production; explain why thework centers do not keep the records of thework-in-process.
23.How can activity-based costing be used to switchthe management of business activities from a custodialtask to a continuous improvement activity?
24.How are cost structures fundamentally differentbetween the traditional and computer-integratedmanufacturing environments?
25.Comment on the following statement: ''Moreinformation is always preferred to less; you cannever have too much information.''
26.In terms of decision-making capabilities, whichtype of report do you think is generally more importantscheduled reports or on-demandreports? Explain your answer and give an exampleof each type of report.
27.Although HTML and XML documents look verysimilar, and both use tags, explain how they differsignificantly as a financial reporting medium.
28.Scheduled reports may contain some informationthat is relevant to some decisions and irrelevant toother decisions. Why are some scheduled reportsdesigned this way, rather than multiple reportsbeing generated for various decision-making purposes?
29.Ultimately, is the purpose of an audit trail to followa transaction from its input through its processingand finally to the financial statements or vice versa?Explain your answer.
30.If management control and strategic planning decisionsdo not receive a high level of support fromtraditional information systems, then how do theyget the support?
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