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Why traditional cost systems distort product cost?
In traditional cost system overheads are allocated to products based on predetermined rate and that’s why some of that cost which is not related to that product charged to it and due to which actual cost of product cannot be determined.
Which are advantages of traditional system?
Traditional systems often provide a sense of stability and continuity, as they are rooted in time-tested practices and cultural heritage. They can foster strong community ties and shared values, promoting social cohesion. Additionally, traditional systems may be more adaptable to local contexts and needs, as they are typically developed based on historical experiences and local resources. Lastly, they often require lower initial investment and maintenance costs compared to modern systems.
What are the examples of systems in which it may make sense to use traditional file processing instead of a database approach?
Traditional file processing may be suitable for simple applications with limited data, such as small-scale inventory systems or personal record-keeping, where the volume of data is manageable and the complexity of queries is low. It can also be advantageous in scenarios with minimal concurrent access requirements, reducing the need for complex database management systems. Additionally, for embedded systems or applications with strict resource constraints, file processing can provide a lightweight alternative to a full database solution.
What systems provides for a separate record of the cost of each particular quantity of product that passes through the factory?
Job Order Cost System
Why would unsupervised employees represent potential internal control threats?
Because they will abuse the systems an loopholes because they can.
Why traditional cost systems distort product cost?
In traditional cost system overheads are allocated to products based on predetermined rate and that’s why some of that cost which is not related to that product charged to it and due to which actual cost of product cannot be determined.
How efficient are mini splits for heating compared to traditional heating systems?
Mini splits are generally more efficient for heating compared to traditional heating systems because they use less energy to produce the same amount of heat. This is because mini splits do not have ducts, which can lead to energy loss in traditional systems.
How efficient are floor hot water heating systems compared to traditional heating systems?
Floor hot water heating systems are generally more efficient than traditional heating systems because they distribute heat more evenly and can operate at lower temperatures, reducing energy consumption.
What is one disadvantage of traditional cost assignment systems?
high-volume, relatively simple product will end up overcosted and subsidizing a subsequently undercosted, low-volume, relatively complex product, resulting in inaccurate unit costing and suboptimal product-line pricing decisions
Does users have input in the traditional systems development life cycle?
yes, but limited, they give their input during the first stages of development and wait for testing at the end, when the product is fully finished.
What are the benefits of bicycle hub dynamo lighting systems compared to traditional battery-powered lights?
Bicycle hub dynamo lighting systems have benefits over traditional battery-powered lights because they are more reliable, environmentally friendly, and provide continuous power without the need for batteries.
Traditional market and command are types of?
economic systems
What are the 4 economic systems?
The four types of economic systems are the traditional economy, the market economy, the command economy, and the mixed economy. Of these, the traditional economy is the most basic.
What are the benefits of hot water floor heating systems compared to traditional heating systems?
Hot water floor heating systems offer more even heat distribution, increased energy efficiency, and can reduce allergens and dust compared to traditional heating systems.
How efficient are mini splits compared to traditional HVAC systems?
Mini splits are generally more efficient than traditional HVAC systems because they do not require ductwork, which can lead to energy loss. Additionally, mini splits allow for individual room temperature control, reducing energy waste in unoccupied spaces.
What are the benefits of hot water radiant floor heating systems compared to traditional heating systems?
Hot water radiant floor heating systems offer more even heat distribution, increased energy efficiency, and reduced allergens compared to traditional heating systems.
What ae the disadvantages of traditional information systems?
points of dis of IS
