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11) A digital dashboard is an electronic medium used to output data in the reporting process. 12) Noninteractive analyses use a predetermined structure for their output. 13) RFM analysis produces interactive reports to analyze purchasing patterns. 14) An RFM analysis analyzes and ranks customers based on demographic characteristics. 15) An RFM analysis considers how recently a customer has ordered and how much the customer has spent. 16) An RFM score of 555 (R=5; F=5; M=5, on a scale of 1-5) indicates that the customer frequently purchases expensive items. 17) In an RFM analysis conducted on a scale of 1 to […]

Objective 1 1) Accounting systems usually use a GUI to increase the ease of entering and retrieving accounting data. 2) The accounting interface connects the accountant user to the database behind the screen. 3) The user interface does not need to provide way for the user to query the database. 4) Software interfaces today are less user-friendly than ever. 5) The user friendliness of an interface is a minor selection criteria for an accounting system. 6) As an accountant, you may be asked to evaluate the interface when making a purchase selection of an accounting system. 7) The ________ connects […]

Question Floppy Corp. has the following information regarding its allowance for uncollectible accounts. Allowance for Uncollectible Accounts & provision for Uncollectible Accounts for the 2014 & 2015: Balance December 31, 2014 $31,000 Write-offs during 2015 (23,000) Recoveries during 2015 7,500 Required allowance at December 31, 2015 28,000 Prepare the journal entries for the write-offs & recoveries for 2015, and for the provision for uncollectible accounts expense at December 31, 2015. Do not provide any journal explanations. If no entry is necessary, write “no entry.” The date for all entries will be 12/31/15.

Question Fluffy Dogs Inc., is a small company with three people working in the revenue processes. One employee, Brenda, works as the Supervisor. Sally and Tyler report to Brenda. Together, this group must achieve the following tasks: 1.     Accounts receivable maintenance 2.     Credit approval of customers 3.     Authorizing customer returns 4.     Authorizing new customers 5.     Cash receipts journal posting 6.     Maintaining custody of cash 7.     Inventory record keeping 8.     Maintaining custody of inventory Required: For each of the three employees consider the duties you would assign to each employee. In assigningdutiesthere should be a proper separation of duties to achieve […]

Objective 3 1) Sustainability reports are increasingly demanded by managers to evaluate an enterprise's responsiveness to economic, environmental, and social sustainability challenges. 2) The difference between Real-time reports and Live reports is that Real-time reports continuously provide up-to-the minute data. 3) Information broadcasting can be used to email electronic reports to end users on a scheduled basis. 4) Database reports display the formatted results of database queries. 5) ________ may be used to email electronic reports to users on a scheduled basis. 6) Reports that provide up-to-the minute data without lag time are call ________. 7) The content in a […]