eXtensible Business Reporting Language (XBRL)

Q: How can computerized accounting help improve the reliability and flexibility of any manual…

A: Accounting is the process of recording the financial transaction to ascertain the financial position…

Q: Using accounting software is better than preparing reports manually because it is O A. less…

A: For the purpose of keeping and maintaining accounting records, two type of systems will be followed.…

Q: how to relate cloud accounting with cost management?

A: Cloud Accounting Cloud Accounting software is similar to traditional, on premises or self installed…

Q: A problem statement is an unstructured set of statements that describes the purpose of an effort in…

A: Introduction: A problem statement is important in a process improvement project since it helps…

Q: Which of the following is true of structured data? Select answer from the options below Structured…

A: The objective of the question is to identify the correct statement about structured data from the…

Q: O a. The XLookup function can be used to combine data contained in two worksheets, providing that…

A: Answer: Microsoft excel is the office programs that is used to summarize data.

Q: This chapter stressed the importance of data normalization when constructing a relational database.…

A: Data warehousing is a method through which an organization collects and manages the data from the…

Q: explain the differences among business processes, information systems and applications. State the…

A: Business process: A business process is a series of steps to accomplish a concrete purpose carried…

Q: What are POS Systems? Enumerate their advantages versus manual data collection systems.

A: Introduction: A point of sale (POS) system is used to monitor sales and receive consumer payments.…

Q: 8. ______________ is a professional service with an aim of improving the quality and transparency of…

A: Solution: Assurance  is a professional service with an aim of improving the quality and transparency…

Q: What are some feature of integrated Accounting Software programs?

A: Integrated Accounting Software programs are applications that can perform multiple accounting…

Q: One of the advantages of using Excel for accounting is that data integration is enabled using Excel.…

A: The statement is False. While Excel is a powerful spreadsheet tool widely used in accounting and…

Q: What are POS Systems? Enumerate their advantages versus manual data collection systems.

A: Point of sale (POS) system is used for tracking sales and for accepting the payments from customers.…

Q: Which important duties are generally not separated in end-user computing environments?

A: Introduction: End-user computing (EUC) refers to the technology that IT professionals use to…

Q: Discuss how the nature of the necessary internal control features is affected by switching from a…

A: Internal Control:- It is the process in which a company puts a check on their employees for each…

Q: Explian what is zero- badgeting in management accounting

A: The concept of zero budgeting is associated with starts from 0 because these budgeting technique…

Q: Why are accountants regarded as system users in the systems development process if they are seen as…

A: The answer:

Q: Which of the following is a functionality difference in the International-Standard workflow?…

A: Increased use of drop-downs and checkboxesExplanation:There are several functional distinctions…

Q: iscuss the importance of the role of data administrator. In the flat-fie environment, why is such a…

A: Database Management: Database management refers to management of databases held within an…

Q: Which of the following is a control that can be used to ensure that all of the components of an…

A: The procedures for rejection inputs is a  control that can be used by the auditor to ensure that all…

Q: Some of the limitations of management accounting are listed below: - Based on historical data - Lack…

A: Management Accounting involves effective analysis of accounting and production data and preparation…

Q: Enterprise resource planning software:

A: ERP stands for Enterprise resource planning, which is described as the ability to deliver the…

Q: Explain how the E-R diagrams is used to prepare database tables. Also, include explanation of…

A: ER diagram stands for "Entity Relationship", which can be defined as a type of flowchart that is a…

Q: XBRL potentially assists in strengthening information transparency because it: offers paperless…

A: solution : The correct answer is Offers great search power and customized information for different…

Q: What are the things that need improvement in Xero Accounting Software?

A: Xero is an accounting software. By using of this software it help business to record business…

Q: Discuss the implications of not having a data governance framework to support product analytics

A: Data governance is referred as the process of the management of the usability, integrity,…

Q: Accountants at an organization that uses an ERP system speak in terms of "data flows" between…

A: Here is the Answer:

Q: It is not an objective of accounting control Develop operational efficiency resource protection las…

A: The answer for the multiple choice question and relevant explanation are presented hereunder :…

Q: What different accounting transaction process needs a data warehouse? Why?

A: Accounting Information system is a set of components used for gathering, making, storing, preparing,…

Q: Define the following accounting terms: 1) Entry-level software 2) Internal control 3) Network -…

A: Entry-level software refers to computer programs or applications designed for users with limited or…