When Computerized Technology Is Introduced into Processes, the Processes

question 62

Multiple Choice

When computerized technology is introduced into processes, the processes

• A)Must utilize standardized forms and screens for data entry
• B)Can be radically redesigned to take advantage of the speed and efficiency of computers to improve processing efficiency
• C)Data retrieval from the databases will be restricted to upper management for analysis
• D)Both B and C are correct

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Definitions:

EBIT Volatility

This is the measure of how much earnings before interest and taxes (EBIT) fluctuates over time.

Static Model

A fixed scenario analysis tool that assumes no change in variables over time when evaluating economic conditions or investment outcomes.

Depreciation Write-Off

The accounting process of allocating the cost of tangible assets over their useful lives to account for declines in value.

Weighted Average Cost

A calculation that takes into account the varying costs and quantities of resources or components, producing a composite average cost.