
Accounting Information Systems 8th Edition by James Hall
Edition 8ISBN: 978-1111972141
Accounting Information Systems 8th Edition by James Hall
Edition 8ISBN: 978-1111972141 Exercise 9
PROBLEM IDENTIFICATION
Classify each of the following as a problem or a symptom. If it is a symptom, give two examples of a possible underlying problem. If it is a problem, give two examples of a possible symptom that may be detected.
a. Declining profits
b. Defective production process
c. Low-quality raw materials
d. Shortfall in cash balance
e. Declining market share
f. Shortage of employees in the accounts payable
department
g. Shortage of raw material due to a drought in the
Midwest
h. Inadequately trained workers
i. Decreasing customer satisfaction
Classify each of the following as a problem or a symptom. If it is a symptom, give two examples of a possible underlying problem. If it is a problem, give two examples of a possible symptom that may be detected.
a. Declining profits
b. Defective production process
c. Low-quality raw materials
d. Shortfall in cash balance
e. Declining market share
f. Shortage of employees in the accounts payable
department
g. Shortage of raw material due to a drought in the
Midwest
h. Inadequately trained workers
i. Decreasing customer satisfaction
Explanation
Identification of problems and symptoms ...
Accounting Information Systems 8th Edition by James Hall
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