1) Entries can enter the General Ledger manually or from ______________. 2) The General Ledger contains information for all accounts on the company’s _____________. 3) The GL is extremely important because it ultimately is used to create the ________________. 4) _____________ controls are necessary to ensure accurate manual journal entries. 5) The ____________ can be used to see if an account has flipped from its normal balance. 6) The _____________ is the chief accountant of the organization 7) _______________ are made in order to make sure that the financial statements are accurately stated. 8) With __________, events happen prior to cash movement. With __________, cash moves prior to the related event. 9) A system will not allow entries to be deleted once they are made since this would compromise the ________________. 10) Data _____________ are vast repositories of data. 11) Data __________ is using sophisticated statistical analysis to discover relationships in the data

1) Entries can enter the General Ledger manually or from ________. 2) The General Ledger contains information for all accounts on the company’s _. 3) The GL is extremely important because it ultimately is used to create the ____. 4) _ controls are necessary to ensure accurate manual journal entries. 5) The can be used to see if an account has flipped from its normal balance. 6) The _ is the chief accountant of the organization 7) _ are made in order to make sure that the financial statements are accurately stated. 8) With , events happen prior to cash movement. With , cash moves prior to the related event. 9) A system will not allow entries to be deleted once they are made since this would compromise the __. 10) Data _ are vast repositories of data. 11) Data ____ is using sophisticated statistical analysis to discover relationships in the data

Accounting Information Systems

10th Edition

ISBN:9781337619202

Author:Hall, James A.

Publisher:Hall, James A.

Chapter15: Auditing It Controls Part Ii: Security And Access

Section: Chapter Questions

Problem 12P

See similar textbooks

Similar questions

All records in a file must have a unique way of identifying a particular record within that file, normally referred to as a primary key. Based on your general knowledge of accounting, for each of the following types of accounting records, indicate what the most likely primary key would be to access records within that file. REQUIRED: Using the attached answer sheet, indicate the primary key that would be used to access the file for the list of files provided below. Explain your answer where appropriate. LIST OF ACCOUNTING FILES NEEDED TO BE ACCESSED WITH PRIMARY KEY Accounting File Accounts Receivable (a) (b) Accounts Payable (c) Inventory (d) Customer Sales Order (e) Purchase Orders (f) Cash Receipts From Customers (g) Payroll Earnings For Employee (h) General Ledger Primary Key
Custom fields can be created ____________________.Select all that apply. Select one or more: A. on the Advanced tab of Account and Settings B. on the Expenses tab of Account and Settings C. on the Sales tab of Account and Settings D. on the Company tab of Account and Settings
Match each example with a component of a computerized accounting information system. Components may be used more than once. Example Component 1. Server 2. Bank checks 3. Reports 4. Keyboard 5. Software 6. Financial statements 7. Bar code scanner
In a computer system, how are accounting records posted?a. master file is updated to a transaction fileb. master file is updated to an index filec. transaction file is updated to a master filed. master file is updated to a year-to-date filee. current balance file is updated to an index file
The General Ledger How does posting journal entries work in a computerized accounting system? What does it mean when posting is done automatically? Explain.
If the company has a multiple trasactions, what ledger should you post the trasaction?
CHARACTERISTICS OF USEFUL INFORMATION All records in a file must be uniquely identifiable in at least one attribute, which is its primary key.Drawing on your general knowledge of accounting,identify the primary key for the following types ofaccounting records. To illustrate, the first record isdone for you.
subject:accounting information system Namespaces must be declared at the beginning of an XBRL document. Explain what is meant by this statement.
Post these transactions in journal ledger with proper format. (Answer should be in MS word)
Prepare the T-Accounts Ledger
Describe the accounts receivable in Microsoft Dynamics AX. Give an example to illustrate its usefulness.
which of the following actions update/ record is: a master file, transactions file, special journal, general journal, general ledger or subsidiary ledger: a. record sales transactions on a manual accounting system. b. record adjusting journal entry on a manual accounting system