Explain the four types of installation
What will be an ideal response?
The four types of installation are: direct, parallel, single location, and phased. Changing over from the old information system to a new one by turning off the old system as the new one is turned on is called direct installation. Parallel installation involves running the old information system and the new one at the same time until management decides the old system can be turned off. Single location installation involves trying out a new information system at one site and using the experience to decide if and how the new system should be deployed throughout the organization. Changing over from the old information system to a new one incrementally, starting with one or a few functional components and then gradually extending the installation to cover the whole new system is commonly called phased installation.
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Dowling Company had supplies on hand costing $1,000 at the beginning of the year and $2,400 at the end of the year. During the year, supplies totaling $3,800 were consumed. How much was the total cost of supplies purchased during the year?
To whom does an accountant have potential liability?
a. To his client only. b. To an intended third party beneficiary. c. To a foreseen user of the accountant's work. d. All of these.
Free trade areas are compatible with GATT
Indicate whether the statement is true or false
Your ________ is a concise communication of your strategy including your business definition, purpose, and your competitive advantage.
A. target market analysis B. business plan C. values statement D. mission statement