Accrued salaries payable was $26,000.
A more detailed explanation of the answer.
To find the accrued salaries payable on December 31, 2015, we can follow these steps:
1. Determine the net change in employee advances between 12/31/14 and 12/31/15:
Employee advances on 12/31/15 - Employee advances on 12/31/14 = $36,000 - $40,000 = -$4,000
2. Calculate the total salaries paid net of advances during 2015:
Salaries paid during 2015 (gross) - Net change in employee advances = $390,000 - (-$4,000) = $394,000
3. Determine the accrued salaries payable for 12/31/15:
Salaries expense during 2015 - Total salaries paid net of advances = $420,000 - $394,000 = $26,000
In Flam's December 31, 2015 balance sheet, accrued salaries payable was $26,000.
Learn more about accrued salaries payable.
brainly.com/question/16953778
#SPJ11
Employers must provide a stairway or ladder if the elevation between two surfaces on a site is.
Employers are required to provide a stairway or ladder at all worker points of access if there is an elevation change of 19 inches (48 cm) or more and no ramp, runway, embankment, or personnel hoist is provided.
What are the elevated work surfaces OSHA regulations?The final rule codifies OSHA's guidance for companies using RDS for elevated work. Employers are not allowed to utilize RDS over 300 feet above grade unless they can show that doing so would be impractical or provide a greater risk than utilizing another system.
OSHA, how tall may a platform be without a step?Now that we are clear on how OSHA defines a platform and that any exposed side or edge that is four feet or higher than a lower level need fall protection to prevent employees from falling, let's talk about guardrail specifications for work platforms.
To know more about OSHA visit:
https://brainly.com/question/9178716
#SPJ4
what kind of technology refers as local technology or indigenous technology ?
Answer:
Local technology refers to the technology which are used in our locality from the ancient time and are made of locally available materials for the welfare of local people.
Answer:
Local technology refers to the technology which are used in our locality from the ancient time and are made of locally available materials for the welfare of local people.
Explanation:
can i doit without pay
Answer:
what?
Explanation:
There are an assortment of reasons why sellers might "fire" their listing agent. What are legitimate reasons for listing agents to "fire" their client?
Listing a home does not bind the sales agent to the owner. If the owner fails to act seriously and professionally in order to sell the property, the listing agent may have reasons to terminate the listing.
Sales are actions that involve selling or even the number of items sold in a specific time period. A sale also includes the provision of a service for a fee. A sale is completed by the seller, or the provider of the products or services, in response to a purchase, appropriation, demand, or direct engagement with the buyer at the point of purchase. There is a passage of title and a price settlement, in which agreement is achieved on a price for which ownership of a item will be transferred. The seller, not the purchaser, normally executes the sale, which may be completed prior to the payment requirement. When it comes to indirect connection.
Learn more about connection here
https://brainly.com/question/28139077
#SPJ4
can i "universalize"––i.e., will (rationally endorse) as a universal (moral) law––my plan to borrow money without intending to repay it? explain.
No, you cannot universalize the plan to borrow money without intending to repay it as a moral law.
This is because the act of borrowing money without intending to repay it violates the principle of reciprocity, which is a fundamental principle of ethics.
The principle of reciprocity states that you should treat others as you would like to be treated, and borrowing money without the intention of repaying it is a violation of this principle.
If everyone were to adopt this plan as a moral law, there would be chaos in the financial system, and no one would be willing to lend money. Therefore, this plan cannot be rationally endorsed as a universal moral law.
To know more about Moral law related question visit:
https://brainly.com/question/30479941
#SPJ11
Describe the Calvin Cycle.
Describe how the Na+-K+ pump and the K+-Na+ leak channels function to polarize a nerve cell membrane such that it attains its characteristic – 40 to – 90 mV resting potential.
The Calvin Cycle is a series of biochemical reactions that occur in the stroma of chloroplasts during photosynthesis. It is the second stage of photosynthesis and involves the conversion of carbon dioxide (CO₂) into glucose. The cycle utilizes the energy from ATP and NADPH, which are produced in light-dependent reactions, to synthesize glucose molecules.
The Na+-K+ pump and K+-Na+ leak channels play a crucial role in establishing and maintaining the resting potential of a nerve cell membrane. The Na+-K+ pump actively transports sodium ions (Na+) out of the cell while pumping potassium ions (K+) into the cell against their concentration gradients. This process requires ATP energy. By doing so, the pump helps maintain a higher concentration of K+ inside the cell and a higher concentration of Na+ outside the cell, resulting in an electrochemical gradient.
The K+-Na+ leak channels, on the other hand, provide a passive pathway for K+ ions to leak out of the cell and Na+ ions to leak into the cell. This leakage occurs due to the concentration gradients established by the Na+-K+ pump. The net effect is the polarization of the nerve cell membrane, with the inside becoming negatively charged relative to the outside. This polarization creates the characteristic resting potential of the nerve cell, typically ranging from -40 to -90 mV.
Learn more about Nerve cells: https://brainly.com/question/13393634
#SPJ11
Which of the following would be covered by a home insurance policy?
Question 5 options:
Hospital expenses for surgery
Wind damage to your roof
Accidental injury to a coworker on the job
Damage to another person's car when driving
Answer:
2
Explanation:
Wind damage to your roof
Which details apply to a financing contract? Check all that apply.
requires a credit check
are always less expensive than using a credit card
includes interest rate information
requires a signature for rent-to-own agreements
can be broken at any time
The details apply to a financing contract - requires a credit check, includes interest rate information and requires a signature for rent-to-own agreements.
Finance contracts, also known as financial services contracts, are contracts used in securities law to allow for individually negotiated agreements involving commodities, securities, currencies, or other economic or financial interests.
A financial contract is a transaction between parties involved in the financial markets that takes the form of an independently arranged agreement, contract, or option to sell, buy, swap, lend, or repurchase.
Commercial advance payments and commercial interim payments are two types of contract financing payments for commercial item purchases.
To know more about Finance contracts here
https://brainly.com/question/7873500
#SPJ1
Answer:
1,3,4
Explanation: Anytime you apply for credit, there's always some type of credit check. Interest is sometimes applied as a means for the creditor to make money off the transaction. Rent to own is never a good thing but needed in cases of low or no credit.
Q2. Define political behavior. Why is politics a fact of life in organizations?
Human conduct that involves politics and power is known as political behavior. Karl Deutsch and Theodor Adorno are two theorists who have influenced this area.
Because organizations are made up of diverse interests that need to be coordinated, politics are an aspect of organizational life. In fact, 93% of managers who responded to the survey said that there are politics at work, and 70% of them said that playing the system was necessary for success. That someone is "political" in a negative context typically conjures up notions of underhanded dealing, manipulation, or secret objectives for personal advantage. One who exhibits these kinds of political actions is deemed to be acting selfishly and against the organization's rules.
To learn more about Theodor Adorno click here
https://brainly.com/question/28056111
#SPJ4
What is a federal system of government? Why did the founding
fathers choose this type of system? Which level of government
(federal or state) has the most power? Is this how it should be?
Provide your
A federal system of government is a type of government in which power is divided between a central authority (federal government) and constituent political units (states).
In such a system, the federal government holds some powers while the individual states hold others. It is a form of representative democracy where each level of government has its own authority, powers, and responsibilities.The Founding Fathers chose a federal system of government for the United States because it allowed them to address the need for both national unity and state sovereignty. The federal system was designed to give power to both the central government and the individual states.
The Constitution established a federal government with the power to make laws that applied to everyone, while also giving individual states the power to make their own laws on certain matters. This balance of power was intended to prevent any one level of government from becoming too powerful and abusing its authority. In a federal system, both the federal and state governments have some level of power.
However, the Constitution outlines specific powers that are given exclusively to the federal government, such as the power to regulate commerce between states, coin money, and declare war. Meanwhile, individual states have the power to regulate their own affairs, such as education, law enforcement, and public health. While the federal government has the authority to set national policies, the states retain the power to create policies that reflect their unique interests and needs.
In conclusion, both levels of government are important in a federal system, and both have powers and responsibilities that are necessary for the system to work. Ideally, there should be a balance of power between the federal and state governments, with neither level of government having too much power over the other. This balance allows the United States to function as a democratic republic, with both national and local concerns being addressed through the federal system of government.
To know more about federal visit :
brainly.com/question/14858877
#SPJ11
during the message development process, business professionals should identify the ______ their ideas clearly.
During the message development process, business professionals should identify the key points or main ideas that they want to communicate clearly. This involves understanding their audience and their needs, as well as determining the most effective way to convey their message.
Additionally, it is important for business professionals to consider the tone and style of their message to ensure that it is appropriate for the intended audience and achieves the desired outcome. By identifying the key points of their message, business professionals can ensure that their communication is concise, impactful, and memorable. This can help to improve their overall effectiveness as communicators and enhance their ability to achieve their business goals. In summary, by carefully considering the content, style, and delivery of their message, business professionals can ensure that they are communicating their ideas effectively to their intended audience.
To know more about business visit:
https://brainly.com/question/15826604
#SPJ11
michelle works in retail and cant decide what products to include in the stores front window display what is the first step she should take to solve this problem
Michelle works in retail and can't decide what products to include in the store's front window display. What is the first step she should take to solve this problem?
A. List the options.
B. Evaluate the decision/choice.
C. State the problem.
D. Determine the pros and cons.
Answer:
C. State the problem.
Explanation:
To start with, Michelle must remember why he wants to put the product on the front window display. Next, he has to remember what he gains from displaying the products which are to advertise to potential customers.By stating this problem, Michelle now knows what products to include in the front window display because he can now sort the products that are likely to attract customers and display them.which of the following job applicant screening devices may be used by an employer where the employer can demonstrate that the information is a business necessity? group of answer choices credit status and race. height and weight and national origin. credit status and national origin. credit status and arrest record.
The correct answer to the question is: credit status and arrest record. Employers may use credit status and arrest record as a job applicant screening device if they can demonstrate that the information is a business necessity.
This means that the employer must be able to show that the information is relevant and necessary for the specific job or position that the applicant is applying for. It is important to note that employers cannot use race, height and weight, or national origin as a screening device, as these factors are protected under federal law and cannot be used to discriminate against applicants. In summary, employers may use credit status and arrest record as a job applicant screening device if they can demonstrate that the information is a business necessity, but they cannot use race, height and weight, or national origin as a screening device.
Here you can learn more about Job Applicant Screening in the link https://brainly.com/question/30003690
#SPJ11
Accountants usually define _________ as resources sacrificed to achieve a specific objective. group of answer choices trade money costs liability
Answer is cost.
Cost is a critical topic in project cost management since it is defined as "something given up in return." In addition, accountants often defined cost as a resource surrendered or forsaken in order to attain a given goal. Cost is frequently expressed in currency, generally in the form of a country's currency such as dollars, yens, rupees, and so on.
A cost is the worth of money that has been used up to create something or supply a service and is thus no longer accessible for use in production, research, retail, or accounting. In business, the cost may be one of acquisition, in which case the amount spent to acquire it is accounted for as cost.
Therefore, the answer is cost.
To know more about cost click here:
https://brainly.com/question/25109150
#SPJ4
NEED HELP ASAP. WILL GIVE BRAINLIEST
How do limited resources affect a nation's decision to engage in international trade?
Answer:
it affects growth and population
Explanation:
what did the memo entitled , "fatalities associated with crash induced fuel leakage and fires" analyze?
Answer:
The cost-benefit analysis of producing the Pinto as is or changing its design/components.
Explanation:
In a bid to match the cost effective nature of Japanese cars, Ford decided to produce the Pinto and promised to do so within a certain timeline. This shorter timeline made designing the Pinto harder and led to it having a flaw that made it a fire hazard if it was hit from behind.
Ford could have modified the design or produced it as it was. In order to make this decision, they relied on cost-benefit analysis to tell them the cost of paying for settlements resulting from Pinto crashes vs the cost of improving the car. The memo that showed this was "Fatalities Associated with Crash Induced Fuel Leakage and Fires".
The natural rate of unemployment prevails when:
A. the AD curve intersects the SRAS curve.
B. the number of unfilled jobs is matched by the number of qualified workers.
C. agricultural unemployment equals manufacturing unemployment.
D. unemployment is minimized.
The natural rate of unemployment prevails when: B. the number of unfilled jobs is matched by the number of qualified workers.
What is natural rate of unemployment?The natural rate of unemployment is the rate of unemployment that exists when the labor market is in equilibrium, meaning that the number of job openings available matches the number of qualified workers seeking employment.
At this rate, there is no cyclical unemployment, which is the unemployment that results from fluctuations in economic activity. The natural rate of unemployment includes only frictional and structural unemployment, which are caused by factors such as job search, job matching, and changes in the structure of the economy.
Option B correctly describes the conditions that must be met for the natural rate of unemployment to prevail. When the number of unfilled jobs is equal to the number of qualified workers, there is no cyclical unemployment caused by a lack of demand for labor, and the economy is operating at its potential output level. This level of unemployment is considered to be the "natural" rate because it is not influenced by short-term fluctuations in aggregate demand or supply.
Learn more about natural rate of unemployment here:https://brainly.com/question/14227610
#SPJ1
assume monetary equilibrium exists; that is, the desired and actual supply of money are equal. also assume that nominal gdp equals $960 billion and the money supply is $320 billion. from a strict monetarist view, an increase in the money supply by $12 billion will increase nominal gdp by multiple choice $36 billion. $24 billion. $160 billion. $18 billion.
Based on the given information, an increase in the money supply by $12 billion will increase nominal GDP by $36 billion. Thus the correct option is A.
What is monetary equilibrium?When the desired and actual accounts receivables are the same, this is referred to as monetary equilibrium. Economic well-being is negatively impacted by differences between actual and desired money holdings.
To calculate the increase in nominal GDP
nominal GDP = $960 billion
money supply = $320 billion.
increase in the money supply = $12 billion
= nominal GDP x increase in money supply/ money supply
= (960 *12)/320
= $36
The increase in Nominal GDP is $36 billion. Therefore, option A is appropriate.
Learn more about monetary equilibrium, here:
https://brainly.com/question/29822968
#SPJ1
At the end of the meeting, Martin agreed to take the proposals and summarize them in the following chart: Order Quantity (units) Number of Cases per Order Orders per Year Annual Ordering Cost Annual ICC Annual Total Cost Ferguson EOQ to nearest whole case EOQ Patrachalski QUESTIONS: 1. What is the cost difference between Ferguson's proposal to order 4 cases each time and Patrachalski's proposal to order 32 cases each time? 2. Lewin suggested looking at economic order quantity. Based on the lowest total annual cost, what order quantity should Martin recommend? 3. Let's explore the concept of "robustness." Lewin's proposal to use economic order quantity may be unrealistic since SM would like to place orders in whole cases. If the order quantity is decreased to the nearest whole case (which is a 2.78% reduction) what percent would your total annual cost change? What percent would your annual total cost change if the order quantity is increased to the nearest whole case? Hint: Use the formula ([New Total Cost / Old Total Cost] -1). Intro/Case Summary: Seahawk Manufacturing provider of grain towers/silos for farms VP needs help resolving an issue between Finanaicl Comptroller and Purchasing director. Ferguson said the cost to carry inventory is 32% and is trying to keep inventory costs low. Patrachalski's intern identified ordering costs and found every order placed is $58 regardless of quantity. VP of manufacturing would like them to meet in the middle but is not sure if it is the best solution. Seahawk's manufacturing goals are to reduce cost and increase profitability. Offering the two a test case proposing which order policy to go with. The Unit cost is $150.00, Order quantity is 18,752 units per 365 day year. 15 units per case. Lead time: 8 days with a standard deviation of 2 days Patrachlaski stated he was trying to keep his purchasing cost down by ordering in larger quantities and suggested buying 32 cases at a time. Also indicated he would avoid ordering partial cases which may result in incorrect quantities and consequently higher costs. Ferguson claimed the most important issue was the cost to carry inventory and argued for ordering 4 cases at a time to keep average inventories low. Lewin suggested using an economic order quantity - which determines the lowest total inventory cost by calculating the optimum order quantity detonated as Q. EOQ is the tradeoff between inventory carrying cost and ordering cost- the exact trade-off we are facing in Fiance and Purchasing.
The annual ordering cost for Ferguson would be $58 per order, resulting in an annual ordering cost of $72,500 (1,250 orders * $58 per order). Similarly, the annual ordering cost for Patrachalski would also be $58 per order, resulting in an annual ordering cost of $72,500 (1,250 orders * $58 per order). Therefore, there is no cost difference between the two proposals.
The cost difference between Ferguson's proposal to order 4 cases each time and Patrachalski's proposal to order 32 cases each time can be calculated by comparing their annual total costs. Since the order quantity is given as 15 units per case and there are 18,752 units per year, Ferguson would need to place 1,250 orders (18,752 units / 15 units per case) if ordering 4 cases at a time. Patrachalski, on the other hand, would need to place 1,250 orders (18,752 units / 15 units per case) if ordering 32 cases at a time.
To determine the order quantity that Martin should recommend based on the lowest total annual cost, the economic order quantity (EOQ) should be calculated. EOQ is the order quantity that minimizes the total annual cost by balancing the inventory carrying cost and the ordering cost. The given information does not include the carrying cost per unit or the cost of inventory holding, which are required to calculate the EOQ. Without these values, it is not possible to determine the specific order quantity that Martin should recommend.
The concept of "robustness" explores the impact of changing the order quantity on the total annual cost. Without specific values for the carrying cost per unit and the cost of inventory holding, it is not possible to calculate the exact percent change in the total annual cost when the order quantity is decreased or increased. The formula mentioned in the hint ([New Total Cost / Old Total Cost] - 1) requires the specific values of the old and new total costs. Therefore, without additional information, the percent change in the total annual cost cannot be determined.
Learn more about economic order quantity (EOQ) here:
https://brainly.com/question/9068415
#SPJ11
Explain the relationship of savings, investing and risk to that of an investment. How is each term integral to investing wisely?
Answer:
The savings are part of the unused amount, so it doesn’t exceed the cost. Investing is a way to create capital in addition to state security and thus increase cash flow.
Explanation:
Kasravi co. Had net income for 2013 of shs 400,000.The average number of shares outstanding for the period was 200,000 shares
Answer:
$1.98
Explanation:
Calculation for should Kasravi Co. report for diluted earnings per share for the year ended 2013
First step is to calculate the Proceeds amount
Proceeds = 12000 × $30
Proceeds = $36,000
Second step is to calculate the Shares assumed purchased
Shares assumed purchased= ($36,000 ÷ $36)
Shares assumed purchased = 10000 shares.
Third step is to calculate the Incremental share issued
Incremental share issued (12000 - 10000)
Incremental share issued = 2000 shares
Now let calculate the diluted earnings per share for the year ended 2013 using this formula
Diluted earnings per share = (Net income ÷ Average Weighted shares + incremental share issued))
Let plug in the formula
Diluted earnings per share = ($400,000 ÷ (200,000 shares +2000 shares))
Diluted earnings per share= $400,000 ÷ 202,000 shares
Diluted earnings per share= $1.98
Therefore The amount that Kasravi Co. Should report for diluted earnings per share for the year ended 2013 is $1.98
Marcy has just gotten a promotion at work and she wants to buy a house. She currently pays $350 a
month for a car payment and $200 a month on her credit cards. She has a gross monthly income of
$4,000. Using the Debt Ratio Formula, calculate her potential maximum monthly house payment.
Answer:
$890
Explanation:
As per the 28/36 rule, Marcy can have debts not exceeding 36% of her gross income. If her gross income is $4000, her maximum debts should be 36% of $4000
=36/100 x $4000
=0.36 x $4000
=$1,440
Marcy has a $350 car payment and 200 credit payments every month.
current monthly payments
= $350 + $200
=$550
Marcy's loan limit is at $1440; current repayments total $550.
The maximum amount that can go to a housing loan is
=$1440 - $550
=$890
Monopoly profit will _____ when a monopolist goes from single-price monopoly to perfect price discrimination.
Monopoly profit will charge different when a monopolist goes from a single-price monopoly to perfect price discrimination.
Discrimination approach treating some humans differently from others. It is not illegal - after all, people are paid one-of-a-kind wages relying on their popularity and abilities. however, there are positive motives for which your company can not discriminate against you by regulation. If someone discriminates in a good way to satisfy a few other individuals' wishes, it's also discrimination.
An example of this is a landlord who refuses to permit a person with a sure incapacity to rent a rental because the alternative tenants do not want to have a neighbor with that disability. Discrimination takes place whilst people are dealt with less favorably than different humans are in a comparable scenario most effective due to the fact they belong or are looking as if it would belong to a positive organization or class of human beings.
Learn more about discrimination here: https://brainly.com/question/1084594
#SPJ4
Which is the most important decision factor in transportation?
A.capacity
B. Cost
C.capability
D.reliability
why is comparative value lead and value based organization?
Answer:
The organizations with a common set of values that are practiced, in our experience, corporately develop a culture of accountability. The commitment to a value system serves to strengthen the firm’s culture, increases role clarity, retention, and productivity, and serves as a long-term benefit.
While it is important for a leader to understand the values expressed by all members of the team, there are times when an employee’s values are not in alignment with the organization’s. When an individual is new to the practice, it sometimes becomes clear when they aren’t in alignment with the firm’s values. In these cases, the individual has the choice to adapt or transition to another organization to which they more closely align. Neither the individual or the organization is served when values are not in alignment.
Explanation:
Another values-based leader I worked for inspired trust at all levels in the organization and he always did the right thing. He kept us aligned to our vision with the foundation being the firm’s core values. As a result, the work environment was filled with trust, clear communication and the drive to a common purpose. He motivated us to think beyond ourselves which fostered an environment of individual and corporate success.
Today’s successful organizations have a strong and well-defined culture.
which 3 predefined management report templates will a client see in their company file?
The predefined management report templates that a client sees in their company file will be company overview, financial statements, and sales performance.
What is a management report?It should be noted that the management report is the collection of data that is used to make better decisions.
In this case, an example of the predefined management report templates is the financial statements which are written records that convey the business activities and the financial performance of a company.
Learn more about management on:
brainly.com/question/1276995
#SPJ11
A specialist in the HR department is invited to promote the cybersecurity program in community schools. Which three topics would the specialist emphasize in the presentation to draw students to this field
Answer:
The answer is below
Explanation:
In a given situation like the one presented in the question, it is believed and expected that three topics in which the Human Resources specialist in the area of the cybersecurity program, would emphasize in the presentation to draw students to this field are the following:
1. It has a high earning potential
2. it is a career field in high demand
3. It is a service to humanity
The three topics would the specialist emphasize in the presentation to draw students to this field should include
1. It has a high earning potential
2. it is a career field in high demand
3. It is a service to humanity
The following information should be considered:
The specialist can draw the students' attention to this field. This career is well-paid because it has a potential for earning a lot of money, also the services are providedLearn more: https://brainly.com/question/1368131?referrer=searchResults
02:55:5
Candace saved her query for her time cards. After running the query once, she found two more pay slips and
added them to the original data table. Which best describes what will happen?
She will be prompted with an error message saying she cannot modify queries multiple times.
The data will not show up in the new query and will need to be resaved.
She will need to design a new query that includes her new numbers.
When the query is run again, the data that meets the new criteria will be retrieved.
When Candace will need to design a new query that includes her new numbers to get the desired result. Hence, Option D is the correct statement.
What do you mean by query in SQL?A request for facts or statistics from a database desk or a mixture of tables. These facts can be generated as outcomes again via way of means of Structured Query Language (SQL) or as pictorials, graphs or complicated outcomes, for example, fashion analyses from facts-mining tools. This is called as query.
Hence, Option D is the correct statement.
learn more about queries here:
https://brainly.com/question/25694408
#SPJ1
studies show that seniority is the most important criteria when selecting employees for promotion to management positions.
The statement, "Studies show that seniority is the most important criterion when selecting employees for promotion to management positions" is a controversial one. Although seniority is a critical factor that should be considered, it should not be the sole criteria to be employed in promoting employees to management positions.
Other criteria that should be considered include:
Skills and Knowledge- Employees who are knowledgeable and have expertise in their field of work can bring a lot to the table when they are promoted to management positions. Such employees can use their knowledge and skills to improve productivity and performance within their team or department.Experience- Experience is a critical criterion that should be considered in promoting employees to management positions. Employees who have experience are more likely to have faced and dealt with several situations. Job Performance- Job performance is a critical criterion that should be considered when selecting employees for management positions. Evaluating the employee's ability to perform, analyze data, make decisions, and manage teams are all critical components of this criterion.In conclusion, seniority is a vital criterion for promoting employees to management positions. However, other criteria, such as experience, skills and knowledge, job performance, and communication and interpersonal skills, should also be considered.
Learn more about employees:-
https://brainly.com/question/29810716
#SPJ11
The disadvantages of a system when it works in isolation are: 1. It becomes difficult to collect and analyze the data needed for the functioning of any department. 2. It results in the loss of profits to the organization that could have been better spent in decision making. 3. Business executive or decision-maker cannot take good decisions with the isolated data.
Answer:
Option B, 1 & 2
Explanation:
The complete question is-
The disadvantages of a system when it works in isolation are:
1. It becomes difficult to collect and analyse data needed for the functioning of any department.
2. It results in the loss of profits to the organisation that could have been better spent in decision making.
3. Business executive or decision-maker cannot take good decisions with the isolated data.
a. 1 & 3
b. 1 & 2
c. 2 & 3
d. 1
Solution -
An isolation system also has work control system, training and competence, operating procedures and management. This system can work adequately only when these arrangement work adequately and this not possible without integration with the entire system.
It become difficult to collect isolated data, its assessment and making decision regarding the betterment of system.
Hence, Option B is correct
The disadvantages of an ERP system when it works in isolation are:
It becomes difficult to collect and analyze the data needed for the functioning of any department.It results in the loss of profits to the organization that could have been better spent in decision making.What is an ERP system?Enterprise Resource Planning (ERP) System refers to a system used by businesses to manage its activities such as manufacturing, supply, services, and other such activities. ERP is a link that connects each and every aspect of an enterprise.
When an ERP system works in isolation, it is difficult for the departments to collect and analyze data and hence affects its functioning.
Also, the organization may face losses as the data required may not be readily available to a department and hence the decisions cannot be taken effectively.
Therefore the correct options are 1 and 2.
Learn more about ERP system here: