The objective of systems planning is to link systems projects to the strategic objectives of the firm
Indicate whether the statement is true or false
T
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You want to know whether selling and administrative expenses were reasonable for the past year, based on the level of sales. The best analysis for obtaining this information is:
a. trend analysis b. vertical analysis c. horizontal analysis d. liquidity analysis
"To obtain an associate degree in fiber optics" would most likely be a
a. strategy. b. goal. c. plan. d. reward.
Which of the following statements is true with regards to financial statement audits?
A. Auditors will not disclose information that they have acquired as a result of their accountant-client relationship. B. The auditors guarantee that the financial statements are accurate and correct. C. Auditors provide reasonable assurance that statements are free from material misstatements, whether caused by errors or fraud. D. Financial audits are directed toward the discovery of fraud.
_____ measures how long it takes for a firm to receive payment from customers who buy on credit.
A. The current ratio B. The average collection period C. The debt-to-asset ratio D. Return-on-equity