Converting Existing Manual and Computer Files So the New System

question 108

Multiple Choice

Converting existing manual and computer files so the new system can use them is known as ____.

• A) object conversion
• B) data conversion
• C) process conversion
• D) source conversion

Explain the mechanisms for accelerating cash inflows from receivables (pledging, assigning, factoring).

Calculate the correct amount of cash to be reported as a current asset.

Perform bank reconciliation tasks and properly classify adjustments.

Calculate and understand the financial implications of discounting notes receivable.

---

Definitions:

Dominant Group

A social or hierarchical group holding predominant power, influence, or numbers within a society.

Cultural Genocide

Cultural genocide is the deliberate destruction of the cultural heritage of a people or nation for the purpose of eliminating their way of life, beliefs, and identity.

Expulsion

The act of being forced out or removed from a place or situation, often as a form of punishment or as a consequence of policy or law.

Nonconformity

A term used to describe a situation where goods delivered under a contract do not meet the specifications or expectations outlined in the agreement.