A Simpler Version of an Emulator Is a Simulator,which Simulates

question 12

True/False

A simpler version of an emulator is a simulator,which simulates some of the behavior of a device but does not emulate the operations of the hardware.

Explain the importance of managerial accounting in decision-making processes.

Differentiate between financial and managerial accounting, and recognize their specific roles in business contexts.

Understand the difference between period costs and product costs, and their reporting in financial statements.

Calculate the Cost of Goods Sold (COGS) for manufacturing companies.

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Definitions:

ERP

Enterprise Resource Planning, an integrated management software that allows an organization to use a system of integrated applications to manage the business and automate many back office functions.

PaaS

Platform as a Service; a cloud computing model that provides a platform allowing customers to develop, run, and manage applications without dealing with the underlying infrastructure.

SaaS

Short for Software as a Service, it is a software distribution model in which applications are hosted by a vendor or service provider and made available to customers over the internet.

B2C

Business-to-Consumer, a sales model in which businesses sell products or services directly to the final consumer.