Data warehouses are good reserves for information that managers need to make vital decisions regarding a business.

Question 1

Data warehouses are good reserves for information that managers need to make vital decisions regarding a business. Managers are able to select data of their choice and use it appropriately in decision making.  End users of database systems should be involved in the selection of the systems because they also need to interact and make use of it. The most important thing is for them to be able to use the systems to gather information and whenever necessary.

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Question 2

There are several key building blocks used in creating and maintaining costing systems today. These include:

• Cost objects
• Direct and indirect costs
• Cost pools
• Cost allocation bases

Using these building blocks, share an example where you could use these elements to support both a job costing system and a process costing system. Be sure you include the building blocks you would use in your example and why.

Question 3

Why is wireless networking (Wi-Fi) becoming so widely used in both companies and households? What value can it add to a business? Please provide a specific example.