Discuss the diffences between internal and external users of ingormation and their needs and demands on an information system

Q: State the different elements of a computer system.

A:

Q: Discuss how the elements of efficiency, effectiveness, and flexibility are crucial to the design of…

A: Information system is a system which consists of some interrelated components which stores, edits…

Q: what type of information should be included in the systems analysis report?

A: System analysis is the examination of the business problem that organizations plan to solve with an…

Q: Explain how an IT environment affects access control.

A: Information technology plays the pivotal role in the survival and success of any entity in modern…

Q: Explain the transaction management system of delivery management system like pathao.

A: DMS (Delivery management software) is a digital logistics solution that is used for planning,…

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: Discuss the various sources of data for the FRS output and how these data are processed into…

A: Financial reporting system (FRS) can be defined as the process of producing and maintaining the…

Q: Define the term internal users.

A: Internal users are people within a business organization who use financial information. Examples of…

Q: List the primary users of the FRS, and discuss their information needs.

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Q: The article emphasises that information technology is any technology that enables humans to create,…

A: Its use of computers, memory, networking, and other physical devices, infrastructures, and processes…

Q: Differentiate the following terms - External and internal information

A: Internal data is information generated from within the business, covering areas such as operations,…

Q: grity of information. policies, plans, procedures, law ssets. efficiency of onerations

A: Segregation of duties is an internal control measure. It refers to the division of duties among more…

Q: Distinguish between the centralized and distributed approaches to organizing the IT function.

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Q: The controls in a computerized system are classified asa. input, processing, and output.b. input,…

A: Definition: Internal control: Internal control is a process which ensures continuous reliability of…

Q: What is information system ? Elaborate and describe the details

A: Solution- Information systems-        AN system could be a collection of interconnected elements to…

Q: discuss the difference between internal and external users of information and their needs and…

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

Q: A documentation tool that depicts the physical flow of information relating to a particular…

A: option a is the correct answer

Q: Which of the following is NOT an objective of all information systems?a. support for the stewardship…

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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: Explain discretionary access privileges.

A: In discretionary access privilege, the proprietor of the item indicates which subjects can get to…

Q: A documentation tool used to represent thelogical elements of a system is a(n)a. data flow…

A: The transactions that are happened in the company will be analyzed, and recorded in the first book…

Q: How are management’s actions incorporated in EVA and MVA? How are EVA and MVAinterconnected?

A: Economic added value (EVA) is a measured cash-deductible reduction of capital costs of a firm's…

Q: important to manage transaction exposure

A: The RISK - posed by firms participating in international commerce that currency exchange rates will…

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: What documents trigger and support batch processing systems?

A: Batch processing system refers to the transaction’s processing in a bunch or group. The interaction…

Q: Distinguish between Accounting Information System (AIS) and Management Information System (MIS).

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

Q: Explain the steps in processing transactions and the role of source documents.

A: Accounting cycle: It can be defined as the collective process of identifying, recording, and…

Q: If an organization processes transactions that have independent (unique) data needs, what type of…

A: Definition: Transaction process system: The transaction process system helps a business to process…

Q: What is feedback and how is it useful in an information system?

A: Definition: Accounting information system: The system which helps to gather, store, and process the…

Q: Identify the following users as either external users (E) or internal users (I). Suppliers

A: Accounting users: Accounting users are the persons, who use accounting information for investment…

Q: Explain an example of external users.

A: Financial Statement:   They are annual reports of an organization summarizing the financial…

Q: How testing transaction as appropriate in in

A: Internal Control System: An internal controls system includes a group of rules, policies, and…

Q: Explain how the formalization of tasks promotes internal control.

A: Internal Control: Internal control involves the norms and standards followed by a company to…

Q: Discuss both internal and external factors affecting the ITP systems.

A: Internal Factors:1)Internal Social EnvironmentProblems with transfer pricing exist only inside a…

Q: Discuss the characteristics of a computerized information system that make it different from the…

A: The system which is used to record and store the accounting or financial information is termed the…

Q: How does accounting participate in the system development life cycle （ SDLC）?

A: System Development Life Cycle: The system development life cycle is a set of series or systematic…

Q: What information is required in a proxy statement?

A: A proxy statement is a document containing the information the Securities and Exchange Commission…

Q: Discuss the differences between internal and external users of information and their needs and…

A:

Q: Contrast centralized data processing with distributed data processing. How do the roles of end users…

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