Management Information Systems
Fixed asset file management procedures are not required for

estimating fire insurance requirements
carrying out fixed asset physical inventory taking
None of these
processing fixed asset purchase
All of these

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Management Information Systems
A periodic report can facilitate management by exception by

including complete alphabetic descriptions for each numeric entry
None of these
comparing actual performance with acceptable standards
consolidation of multiple transactions into a summary form
including only those transactions that fall within predetermined limits of acceptable performance

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