Describe the four common programmed edit checks.

Q: Distinguish between continuous, batch, and made-to-order processing.

A: In a batch processing, a sequence of steps are followed in a defined order. Continuous processing…

Q: What is a flat-file system?

A: A flat file system is a system that stores all the data in a single directory.

Q: Give three examples of access control in a POS system.

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Q: What are the five control implications of distributed data processing?

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Q: What are three or more exception routines when a customer order is processed?

A: Nowadays we use the computerized system to handle the overall operations of the business. It…

Q: What is the control issue related to reentering corrected error records into a batch processing…

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Q: Explain the purpose of each of the layers in the OSI protocol model.

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Q: A control designed to validate a transaction at the point of data entry is a. recalculation of a…

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Q: Give one example of an error that a check digit control detects.

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Q: List the six systems development controls. List the two systems maintenance controls.

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Q: What combination of keys will autofill highlighted cells to the right?

A: Financial Management- Financial management is the process of developing a strategy for organizing,…

Q: Categorize each of the following as either an equipment failure control or an unauthorized access…

A: Access Control: Access control is one of the main security components present in an operating…

Q: What are the strengths and weaknesses of a batch process with sequential files?

A: In a sequential file processing in batch mode, the master file is updated by incorporating the…

Q: What are the three general problems associated with data redundancy?

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Q: For each of the following file processing operations, indicate whether a sequential file, indexed…

A: Access Method: Access method is the method by which data stored in the database can be located or…

Q: The highest level of DFD is Master File Program flow chart Context diagram Data flow Chart

A: Data flow diagram is a graphical representation for the flow of data in a business for…

Q: Computer applications use routines for checking the validity and accuracy of transaction data called…

A: Accounting Information System: The system which helps to gather, store, and process the accounting…

Q: What are the three authorization controls?

A: In accounting and auditing, the term internal control indicates to a set of measures intended to…

Q: Distinguish between an edit run, a short run, and an update run

A: Accounting Information System is defined as the collection of software’s aiding the process of…

Q: Explain how come a replacement algorithm is needed for a four-way set-associative cache system.

A: Solution- The replacement algorithms that are used in the case of a set-associative cache system…

Q: Which statement is NOT correct? The indexed sequential access methoda. is used for very large files…

A: Defintion: Documents: In transaction processing, documentation can be defined as a record of…

Q: Compare and contrast the relative advantages and disadvantages of sequential, block, group,…

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Q: How are system flowchart and program flowcharts related?

A: System flowchart(SF) is a way to display data flow in a system and the decision to be made for…

Q: If all of the inputs have been validated before processing, then what purpose do run-to-run controls…

A: The run to run controls is a control device to ensure that no records are lost, unprocessed or…

Q: For each of the following file processing operations, indicate whether a sequential file, indexed…

A: Definition: Access Method: Access method is the method by which data stored in the database can be…

Q: What is the objective of output controls? List and briefly describe different output controls.

A: Output control guaranteed that the program's result was precise and complete. Output control focuses…

Q: Input validation includes field interrogation that examines the data in individual fields. List four…

A: Before processing, the input controls, also known as validation controls, conduct a test on…

Q: Mention two audit procedures relating to electronic data interchange controls

A: Audit: Audit is the process of verification of the compliance of the financial statements. It…

Q: Briefly describe record counts, batch totals, and hash totals. What types of errors in input…

A: Input controls: It is created to provide reasonable guarantee of received data for processing by the…

Q: Distinguish between an edit run, a sort run, and an update run.

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Q: List the three parts of a control system, and explain how such a system works.

A: Variance: Variance refers to the difference level in the actual cost incurred and standard cost. The…

Q: Describe what is meant by posting, the fourth step in the processing cycle.

A: Accounting Cycle:Accounting cycle refers to the process of recording a business transaction in the…

Q: What are the five control objectives of an operating system?

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Q: Computer-based systems employ four types of files. Name them.

A: In a computer based systems, there are four types of files: Master Files Transaction Files…

Q: Please document any AJEs you do here. Show the calcs / reasoning and then input them into the next…

A: AJE : Adjusting Journal Entries : These entries are made in the books of accounts to update the…

Q: Give an example for each of the following control activities in the conversion cycle: transaction…

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Q: For each of the following records, indicate the appropriate related file structure: master file,…

A: Personnel action form: Archive File because these are past transactions records which are retained…

Q: Identify the two main types of software.

A: two main types of software used in accounting -   ** tally software which is application software.…

Q: A/an __________ approach actually schedules in detail eachresource using the setup and runtime…

A: In terms of the manufacturing in the company, finite capacity scheduling also known as finite…

Q: Give three examples of application controls.

A: Internal Controls: Internal controls are the controls established within an organization to check…

Q: Discuss the three common methods of handling errors in transaction files.

A: Errors in the books of accounting should be corrected as soon as possible, so that the financial…

Q: What are the three main tasks the operating system performs?

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