Accounting Information Systems Discussion Questions Answers Author: mail.pro5.pnp.gov.ph-2022-07-26T00:00:00+00:01 Subject: Accounting Information Systems Discussion Questions Answers Keywords: accounting, information, systems, discussion, questions, answers Created Date: 7/26/2022 7:21:44 PM management-accounting-information-strategy-may-2003-exam-questions-and-answers 2/7 Downloaded from stats.ijm.org on July 29, 2022 by guest researchers, entrepreneurs, and policy makers investigating the use of strategic management in various scenarios and situations. Daily Graphic Yaw Boadu-Ayeboafoh 2006-06-05 Always try to answer as completely as possible, provide all the facts. Don't simply write down the answer, but show all your arguments. Avoid making unnecessary mistakes and always write your work in a logical manner. Use this opportunity to revise the questions in Assignment 1 with the memorandum in hand. The control system should be definite and determinable. This is done under one of the following: Objective. The_____are interactive information systems that rely on an integrated set of user friendly hardware and DSS One of the following is the decision tool that helps in summarizing the interactions of various alternative actions of Pay off 2 Transaction Processing Questions & Answers; 6 E-business and ERP Questions and Answers; 7 Internal Controls Questions and Answers; Exam November 2017, questions; Accounting Information Systems: Basic Concepts and Current Issues (4th edition) Dr. Bob Hurt, C.F. End-of-chapter solutions Chapter 1: Role and purpose of AIS Purpose of an accounting system. d 22. Definition of posting. d 23. Purpose of an accounting system. d 24. Book of original entry. d 25. Purpose of trial balance. d 26. Identification of a real account. b 27. Identification of a temporary account. a 28. Temporary accounts. c 29. Double-entry accounting system. c 30. Double-entry system. a 31. maintain a system of controls to ensure the effectiveness of the accounting information system that will maintain the accounting records. Should management not fulfill this obligation, they can be fined and imprisoned. Management discharges this responsibility by doing the following: Computerised accounting practical questions and answers Issue 1. What is computerized accounting? Answer : Accounting is the method by which financial information is collected, processed and summarized in financial statements and reports. The purpose of accounting is to provide information used in decision-making. Few accounting information systems rely on computer hardware and software to track business processes. 4. The rethinking and redesigning that occur during business process reengineering are aided by the use of information technology. 5. There are very few business processes that have the potential to be improved by IT enablement. 6. An information systems manager: A) writes software instructions for computers. B) acts as liaison between the information systems group and the rest of the organization. C) translates business Accounting Information Systems: Basic Concepts and Current Issues (4th edition) Dr. Bob Hurt, C.F.E. End-of-chapter solutions Chapter 2: Transaction Processing in the AIS Accounting Information Systems: Basic Concepts and Current Issues (4th edition) Dr. Bob Hurt, C.F.E. End-of-chapter solutions Cha