What major logical processes does the GL BR process perform?
-Preparing general purpose, external financial statements. -Ensuring that the external financial statements conform to GAAP, including appropriate footnote disclosures. -Generating Web-based reports of financial statements and related BR information for dissemination via the Internet.
What are the primary functions the GL BR process performs?
The work of the GL/BR process is the processing and communicating information. includes the following: Accumulating data, classifying data by general ledger accounts, and recording data in those accounts.
Which of the following items is a component of the balanced scorecard methodology?
The four perspectives of a traditional balanced scorecard are Financial, Customer, Internal Process, and Learning and Growth.
Which of the following are used to document entries made to update the general ledger?
Summary journal entries that represent the results of all transactions for a certain time period are used to update the general ledger.
What is ERP finance module?
The ERP finance module is the software component that handles the main accounting and financial management functions of an enterprise resource planning system. ERP is modular software designed to integrate an organization’s business processes into a single system running on a central database.
What are the four elements of the balanced scorecard?
The four perspectives of a balanced scorecard are learning and growth, business processes, customer perspectives, and financial data. These four areas, which are also called legs, make up a company’s vision and strategy.
What are the key principles in designing of the balanced scorecard?
Balanced scorecards use both financial and nonfinancial measures to evaluate employees. The four categories of a balanced scorecard are financial perspective, internal business perspective, customer perspective, and learning and growth perspective.
Which of the following are used to document entries made to update the general ledger a general journal B subsidiary journal C subsidiary ledgers D journal vouchers?
Answer: A journal voucher is a form on which journal entries to update the general ledger are documented.
Which of the following is used to document the journal entries that are made in general journal?
Examples of journal entries will be provided. Ledgers, which are used to record final accounting entries, and charts of accounts, which list all of the accounts of a business, are vital financial management tools.
What are examples of ERP?
3 Real Examples of Large Companies Using ERP
- Amazon. Amazon uses an ERP software called Systems Analysis and Program Development (SAP).
- Starbucks. Starbucks uses Oracle ERP – a cloud-based software solution used to automate back-office processes and day-to-day business activities.
- Toyota.
Which is the finance module in most ERP systems?
ERP finance module features
- General ledger.
- Accounts payable (AP).
- Accounts receivable (AR).
- Fixed asset management.
- Purchasing.
- Risk management.
- Reporting.
- Tax management. This feature, available in some finance modules, stores the ERP system’s tax settings and provides tax reporting and audit functions.
What are the 4 basic elements that describe a performance indicator?
The SMART model for goal setting is a great model to help us define KPI’s that are: Specific, Measureable, Achieveable, Relevant and Timely. Ensure that your source of data is reliable and valid.
What is the input to the GL process flow?
The input for GL Process Flow is the raw accounting data and the output is the accounting reports that can be used to provide various levels of financial information. The steps in the general ledger process flow are:
What are the tessellation output variables in OpenGL?
Tessellation Control Shaders have the following built-in patch output variables: patch out float gl_TessLevelOuter ; patch out float gl_TessLevelInner ; These define the outer and inner tessellation levels used by the tessellation primitive generator. They define how much tessellation to apply to the patch.
Which is the best description of the OpenGL rendering pipeline?
“OpenGL Rendering Pipeline”shows a typical sequence of operations for processing geometric and image data. “OpenGL-Related Libraries”describes sets of OpenGL-related routines, including an auxiliary library specifically written for this book to simplify programming examples.
How many commands are in the OpenGL interface?
This interface consists of about 150 distinct commands that you use to specify the objects and operations needed to produce interactive three-dimensional applications. OpenGL is designed as a streamlined, hardware-independent interface to be implemented on many different hardware platforms.