Explain the role of accountants in systems selection
The economic feasibility of proposed systems is of primary concern to accountants. Specifically, the accountant should ensure that:
Only escapable costs are used in calculating cost-savings benefits.
Reasonable interest rates are being used in measuring present value of cash flows.
One-time and recurring costs are completely and accurately reported.
Realistic useful lives are used in comparing competing projects.
Intangible benefits are assigned reasonable financial values.
You might also like to view...
In handling objections during the sales call, Nevaeh (the salesperson) tries to avoid confrontation and never wants to tell the customer he or she is wrong. Instead, Nevaeh will sympathize with the customer and then provide the correct information
This approach is called the: A) compensation method B) "feel, felt, found" method C) head-on method D) indirect method
In this stage of the product life cycle, product development should focus on product enhancements and line extensions that focus on the segments still purchasing the category
A) introduction B) growth C) maturity D) decline
Who opened the first African American-owned public relations firm (1934) in Philadelphia to provide counsel to the Pennsylvania Railroad, and was the first African American to serve as president of a PRSA chapter and to earn accreditation in public
relations? A. Daniel J. Edelman D. Harold Burson B. Tim Traverse-Healy E. Edward D. Howard II C. Joseph Varney Baker
Describe the two types of training that should be provided to expatriates and why these trainings are critical to expatriate success.
What will be an ideal response?