Describe the steps that follow after the gap analysis is conducted
What will be an ideal response?
Once the gap analysis is complete, the management crafts objective and measures for the organization's processes. Next, inherent processes are selected and procedures are written for employees on how to use SAP to execute those processes. Finally, the users are trained and the system is tested.
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Assume Agri Products records sales transactions directly into the general journal using the periodic inventory method. Agri Products sold merchandise on account to Corn Producers, invoice no. 2787, $5,600 . The transaction would be recorded as
a. a debit to Cash and a credit to Sales. b. a debit to Sales and a credit to Cash. c. a debit to Accounts Receivable, Corn Producers and a credit to Sales. d. a debit to Sales and a credit to Accounts Receivable, Corn Producers.
Julian is operating an illegal gambling operation. Even though the income is not legal, it is classified as earned.
Answer the following statement true (T) or false (F)
In which type of culture is there the assumption that it is better to manage conflict directly?
a. High context cultures b. Dual focus cultures c. Interdependent cultures d. Task focused cultures
Tina, in-house counsel for a start-up company, is asked what the company must do if it plans to offer securities for sale only outside the U.S. What advice should she give in relation to the application of Section 5/Regulation S registration requirements?
a. According to SEC Regulation S, so long as the company is incorporated in the U.S., all aspects of Section 5 apply, and that any offer or sale outside the U.S. is subject to the federal registration requirements. b. According to SEC Regulation S,offers or sales outside the U.S. are not subject to federal registration requirements so long as only accredited investors are involved but that, otherwise, any offer or sale is subject to the federal registration requirements. c. According to SEC Regulation S, offers or sales outside the U.S. are not subject to federal registration requirements so long as only accredited investors are involved and no more than $5 million in sales are made but that, otherwise, any offer or sale is subject to the federal registration requirements. d. According to SEC Regulation S, offers and sales outside the U.S. are not subject to Section 5 registration requirements.