Discuss some of the problems associated with general ledger system that do not have coding system

Q: Identify the traditionally segregated duties in noncomplex IT systemsand explain how increases in…

A: In the traditional accounting system, the duties related to the transaction authorization,…

Q: Explain common principles and limitations of internalcontrol.

A: Internal Control is a concept which ensures management to to safeguard its assets. Internet control…

Q: How do automated authorization procedures differ from manual authorization procedures?

A:

Q: Discuss the independence issue related to Generalized Audit Software

A: GAS stands for Generalized Audit Software, which is defined as the software created in order to…

Q: Why is poor-quality systems documentation a prevalent problem?

A: Computer Based Information System: Computer based information system refers to the record of data…

Q: Is a flowchart an effective documentation technique for identifying who or what performs a par-…

A: Flowchart:   A flowchart is a representation of the procedures related to transactions in the…

Q: riefly provide your opinion whether an auditors wishing to assess the adequacy of separation of…

A:

Q: Which of the following is NOT a test for identifying application errors? a. reconciling the source…

A: Application errors are those errors which occur when an application fails to work according to the…

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

A:

Q: The most significant control challenges in end-user computer settings are as follows:

A: Introduction: The following are the most significant control challenges that arise in end-user…

Q: Which important duties are generally not separated in end-user computing environments?

A: Introduction: End-user computing (EUC) refers to the technology that IT professionals use to…

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: Explain why certain duties that are deemed incompatible in a manual system may be combined in a…

A: Computer-Based Information System: Computer-based information system refers to that arrangement…

Q: Describe the differences between a data flow diagram and a system flowchart. Give an example of when…

A: Data flow diagram and system flowcharts are used in the business to graphically represent the…

Q: Explain the limitations of ABC system.

A: ABC System is a method of costing i.e. Activity Based Costing. This is a costing method that assigns…

Q: Which of the following is NOT an advantage ofcommercial software?a. Costb. Independencec.…

A: The software market has infiltrated every aspect of a business or service as technology has…

Q: Explain why an organization would choose to install a distributed instead of a centralized computer…

A: Choosing Distributed Data Processing: There are one or more mainframe computers in centralized…

Q: iscuss the importance of the role of data administrator. In the flat-fie environment, why is such a…

A: Database Management: Database management refers to management of databases held within an…

Q: Which of the following is a control that can be used to ensure that all of the components of an…

A: The procedures for rejection inputs is a  control that can be used by the auditor to ensure that all…

Q: Distinguish between AIS and MIS.

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

Q: Which of the following statements is NOT true?a. Sorting records that are coded alphabetically tends…

A:

Q: Explain what is meant by the term “system”. How do subsystems, systems and systems of systems…

A: Accounting Information system is a set of components used for gathering, making, storing, preparing,…

Q: Discuss the correction of errors in more detail.

A: Errors in Accounting: Error is a mistake committed in book keeping.

Q: Which of the following is NOT part of the systems implementation process? a. converting databases b.…

A: Select the correct option from the above.

Q: Which is NOT an accountant’s primary role in information systems? a. system user b. system auditor…

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

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

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Q: describe the difference between Accounting Information Systems (AIS) and Management Information…

A: Accounting Information System means the system to record financial transactions of any business…

Q: Describe some limitations of internal conrol systems. Why do limititations on internal control…

A: Please find the answer to the above questions below:

Q: ntages of using different man

A: Software is combination of many program that works together to achieve a desired function. These…

Q: Which of the following is typically NOT part of an ERP’s OLAP applications? a. decision support…

A: ERPs OLAP Application:   OLAP stands for Online Analytical Processing which helps in analyzing…

Q: Which of the following is a disadvantage of distributed data processing? a. End-user involvement in…

A: Distributed data processing is a method of computer networking. In this method, several computers in…

Q: Outline the traditional problems associated with the flatfile model that are resolved by the…

A: Flat File:   Flat file is a model in which data is structured and formatted in such a way that…

Q: COSO to Assess IT Controls

A: Answer:  Internal control is very basic measure to minimize the risk in any organization. In today's…

Q: Inspector expenses and other expenses that are designed to ensure quality or uncover defects are…

A: Company starts processing of work after some planning of costs, revenue or processes to be followed.…

Q: Which of the following is not a dimension of designquality?A. CustomizationB. ServiceabilityC.…

A: The design quality is a technique that helps to serve as a strategic analysis. Its helps the…

Q: Discuss some of the problems associated with general ledger systems that do not have data coding…

A: Ledgers:   The transactions after being posted in journal and journal vouchers are shown in the…

Q: “If we document a system with a systems flowchart and data flowdiagrams, we have overdocumented the…

A: AIS termed as Accounting information system which is defined as the structure that the companies…

Q: Management and auditor are concerned about segregation of duties in computer based systems? Why? How…

A: The process or technique implemented by an entity to increase the operational efficiency and…

Q: Discuss the importance of the role of the database administrator. In the flat-file environment, why…

A:

Q: Describe the problems that might come from using an incorrect bill of material in MRP.

A: About Bill of Material Once of the most significant master data elements of any manufacturing ERP…