Question

Q 5 Jill Fredson is in charge of the mail room at Gammon University. Every Friday morning she receives a report via email that summarizes the number of outgoing and incoming pieces of mail by source and destination department. Every Friday afternoon, Jill deletes the report without reading it because it has no bearing on mail room operations. Which of the following characteristics of useful information is absent in the situation described above?

• A. Verifiable
• B. Relevant
• C. Accessible
• D. Complete

Q 7 Many businesses choose to outsource their payroll activities to accounting firms that specialize in providing payroll services. Jason Smith operates a payroll processing business in Orlando, Florida. When he prints and delivers payroll checks to her clients, his work is part of his firm's

• A. revenue cycle.
• B. financing cycle.
• C. production cycle.
• D. expenditure cycle.

Answer 1

1.Answer , Option B , Relevant

Explanation;

In this situation Relevent Characteristics is useful information is absent. Relevant means information that reduces uncertainty improve desion makers ability to make prediction.

2. Answer : Option A , Revenue Cycle

Explanation;  

Many business choose to outsource their payroll activities to accounting firms that provides payroll services. He operates a payroll processing business. He prints and delivers payroll checks to her clients. His work is a part of his firms Revenue Cycle.