Discuss the two main ways of entering information into QuickBooks. Why are two different ways necessary for entering information. What are the advantages and disadvantages of each method.
What will be an ideal response?
The two main ways of entering information into QuickBooks are:
1. Onscreen forms
2. Onscreen journal
Transactions can be entered using onscreen forms without knowing debits and credits, so this makes it easier for QuickBooks to be used by clients who do not have an accounting background. Some items, however, such as adjusting entries, are easier to enter using the onscreen journal. In addition, even when transactions are entered using onscreen forms, behind the screen, QuickBooks converts the information into a debit and credit journal entry that can be viewed in journal form.
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Describe inter-enterprise information systems.
What will be an ideal response?
______ aim for acceptable results rather than for the best or optimal solutions.
A. Tactical decisions B. Strategic decisions C. Operational decisions D. Satisficing decisions
After the 2001 attack on the World Trade Center, New York City unveiled a new tourism advertising campaign with the slogan "The New York Miracle: Be a Part of It." This is an example of ________
A) social marketing B) idea marketing C) people marketing D) place marketing E) service marketing
There are seven production managers at Wallace Inc., four men and three women. All four men have higher salaries than the three women. Since the men have all been in the position longer than the women, Wallace Inc., has a legal justification for paying the men more.
Answer the following statement true (T) or false (F)