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why is it important to understand both process and technology in associated with accounting information system?
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What are the three accounting issues associated with accounts receivables?
Associated accounting issues include recognizing accounts receivable, valuing accounts receivable, and disposing of accounts receivable.
What are the qualitative characteristics associated with reliable accounting?
FASB Concepts Statement No. 8 replaced the term "reliability" with "faithful representation." To be a faithful representation, information must have the following three characteristics:it is complete,it is neutral, andit is free from error.Complete means that the information includes everything necessary for a user to understand the depicted phenomenon, including all necessary descriptions and explanations.Neutral means that the information is without bias in its selection or presentation.Free from error means that the description of the phenomenon has no errors or omissions. Furthermore, "the process used to produce the reported information has been selected and applied with no errors in the process"Source: FASB Concepts Statement No. 8 Paragraphs QC12-15.
Advantages of qualitative research?
There are various advantages associated with qualitative research. For example, it can offer a much more in-depth analysis than other methods.
What is qualitative data in sociology?
Qualitative data is the data which deals with description and observation... In sociology, the qualitative data is based on observing and describing something in detail.. However, the Quantitative data is the data which is associated with numeric. It comes from the word "quantity"
In accounting interest is usually associated with?
notes receivable
Is associated with the accrual concept of accounting?
Revenue is recognised when earned.
What is associated with accrual concept of accounting?
Revenue is recognised when earned.
What are the three basic characteristics associated with motivation?
Activation, persistence, and intensity are the three basic characteristics associated with motivation.
What is the main difference qualitative and quantitative observations?
The first will have numerical values associated wit the observations the second will not.
What type of companies would require an accounting director associated with their firm?
Many companies would require an accounting director associated with their firm. Typically, any large companies of over 100 employees would have a separate accounting department, which would have a director.
Which Scorecard function is associated with making non-routine decisions?
Accounting
