List and briefly describe three reasons why EC justification is needed
What will be an ideal response?
Companies realize that EC is not necessarily the solution to all problems. Therefore, EC projects must compete for funding and resources with other internal and external projects. Analysis is needed to determine when funding of an EC project is appropriate. Some large companies, and many public organizations, mandate a formal evaluation of requests for funding. Companies need to assess the success of EC projects after completion, and later on a periodic basis. The success of EC projects may be assessed in order to pay bonuses to those involved with the project.
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Give a brief description of each of the following documentation techniques: systems flowchart, and program flowchart
What should be done in a résumé to increase your chances of securing an interview?
A) The résumé should include industry jargon. B) The résumé should show how your capabilities meet the demands and expectations of the position and organization. C) The résumé should include several pages of data that supports claims made on the actual résumé. D) The résumé should include links to social media sites that confirm your skills and abilities. E) The résumé should include only information that relates to the specific position being applied for.
Lassen Corporation issued ten-year term bonds on January 1, 20x5, with a face value of $800,000. The face interest rate is 6 percent and interest is payable semi-annually on June 30 and December 31. The bonds were issued for $690,960 to yield an effective annual rate of 8 percent. The effective interest method of amortization is to be used. The entry to be recorded on December 31, 20x5, for the
payment of interest (rounded to the nearest dollar) and the amortization of discount is: A) Bond Interest Expense 3,638 Unamortized BondDiscount 3,638 B) Bond Interest Expense 27,784 Unamortized BondDiscount 3,784Cash 24,000 C) Bond Interest Expense 27,784 Cash 27,784 D) Bond Interest Expense 24,000 Unamortized BondDiscount 24,000
According to the text, which of the following is true of performance management methods?
A. Most organizations use a standard form to evaluate employee performance. B. There is typically just an overall global rating for performance. C. It is best to rate traits such as having a positive attitude since it always relates to performance. D. Ratings are typically done however the rater chooses.