Dashboards and scorecards are visual interfaces used to make a firm's information easier to review quickly
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TRUE
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An advantage of distributed data processing is that redundant tasks are greatly eliminated
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Thomas Company uses a standard cost system and recognizes the materials purchase price variance at the time materials are purchased. Information for raw materials for Product RBI for the month of October follows: Standard unit price $1.80 Actual purchase price per unit $1.65 Actual quantity purchased 4,000 units Actual quantity used 3,900 units Standard quantity allowed for actual production
3,800 units What is the materials quantity variance? a. $180 unfavorable b. $165 unfavorable c. $180 favorable d. $165 favorable
What is the biggest challenge when attempting to implement and utilize information systems to enhance the customer service experience?
a. collecting the information b. identifying where your service is failing or underperforming c. getting the right information to the right person in an appropriate format and at the appropriate time d. deciding what information should be shared with customers and what information should not
Accounting periods of greater than a year are called interim periods
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