Using an Automated Response System Kathy Gearhart IT/284 August 24‚ 2012 Robert McDonald Using an Automated Response System According to "Automated Systems" (n. d.)‚ “An Automated Response System (ARS) is any system where an input is provided and a machine or computer carries out a process that produces an output” (Introduction). Basically this is a computerized assistant who directs the customer’s phone calls dependent on what their input to questions or menus is. The ARS is quite normal
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Describe at least two benefits of using enterprise systems. More and more organizations are seeking to integrate the core functions of their business with technological advances. Enterprise systems facilitate this integration process through a single software architecture that links all aspects of business to function as one unit. Enterprise systems also commonly known as ES are comprehensive‚ large scale application-software packages‚ which use powers of present day information
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Normal costing is used to value manufactured products with the actual materials costs‚ the actual direct labor costs‚ and manufacturing overhead based on a predetermined manufacturing overhead rate. These three costs are referred to as product costs and are used for the cost of goods sold and for inventory valuation. Standard costing values its manufactured products with a predetermined materials cost‚ a predetermined direct labor cost‚ and a predetermined manufacturing overhead cost. These standard
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relations‚ political stability‚ favorable tax regime‚ and strong rule of law have all contributed to the country’s competitive advantage‚ enabling the Singapore economy to grow consistently and rapidly over the past four decades. Many of these factors continue to help drive the country’s economic development and growth. According to Chief Executive of Singapore Tourism Board‚ it is stated in the annual report 2012 that the government is investing a huge amount of capital as for Tourism Development Fund
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Product Identification Costing Sheet I have a dish of grilled lamb chops with tomatoes and olives‚ honey lime carrots‚ and roasted red potatoes with garlic and rosemary. After costing out every item in the recipe I got a subtotal of $104.56. Once I introduced a Q-factor of 3% into the costing‚ I came up with a subtotal with Q-factor of $107.70. My yield of the dishes is 10 plates‚ so taking the subtotal with a Q-factor and dividing it by 10‚ makes it $10.77 per dish‚ then add in a dollar for extra
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Chapter 4-1 Activity-Based Costing Managerial Accounting Fifth Edition Weygandt Kimmel Kieso Chapter 4-2 study objectives Chapter 4-3 1. Recognize the difference between traditional costing and activity-based costing. 2. Identify the steps in the development of an activity-based costing system. 3. Know how companies identify the activity cost pools used in activity-based costing. 4. Know how companies identify and use cost drivers in activitybased costing. 5. Understand the benefits
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The Benefits of Using Information Systems Information systems are vital to the operation and management of every organization. Managers investing in IS are interested in the benefit their organizations gain from this investment. However‚ neither managers nor researchers have found a way to justify investment in IS based on its contribution to an organization’s performance. Most studies examining the relationship between IS and performance level have found no positive relationship between the two
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The Pass/Fail System In an article discussing whether or not a pass/fail grading system can reflect a student’s progress‚ Bonnie M. Miller‚ MD advocates for criteria based learning. She accurately points out that “A pass/fail grade indicates simply that a student has achieved an expected level of competence” and that this information is critical to understand if this student has fulfilled his or her obligations. She says that “students should be evaluated on their initiative‚ engagement with and
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Chapter 4 Activity-Based Costing 4-1 4-2 Traditional Costing and Activity-Based Costing Traditional Costing Systems Allocates overhead using a single predetermined rate. ► Job order costing: direct labor cost may be the relevant activity base. ► Process costing: machine hours may be the relevant activity base. Assumption was satisfactory when direct labor was a major portion of total manufacturing costs. ► Wide acceptance of a high correlation between
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have evaluated the different proposals and come up with one project that we recommend. In doing this‚ we have calculated the change in profits compared with the draft budget and compiled the Break-even charts to justify our recommendation. Marginal Costing Profit Statement of the draft budget £(000) £ (000) Sales 1000 Less Cost of sales: Direct Materials 320 Direct wages 200 Variable factory overheads 100 (620) Contribution 380 Less Fixed Costs:
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