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

Q: Define client-side virtualization

A: The Answer :

Q: Explain how an embedded audit module works.

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Q: Define direct write-off method

A: Accounts receivable: Accounts receivable refers to the amount to be received within a short period…

Q: what are the process of system flowchart?

A: System flowchart is the diagrammatically representation of how data (or information) flows from one…

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

A:

Q: Explain how the SELECT and WHERE commands help a user to view the necessary data from multiple…

A:

Q: Define terminal value

A: Terminal value is the value of the project or the security at the end of a specified future date.…

Q: Define Reconciliation method

A: Bank reconciliation: Bank statement is prepared by bank. The company maintains its own records from…

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: Difference between the edit, short, and update run

A:

Q: What is an XBRL instance document?

A: Extensible Business Reporting Language (XBRL):   The extensible business reporting language (XBRL)…

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: Distinguish between entity relationship diagrams, data flow diagrams, and system flowcharts.

A: Transaction Process System:   Transaction process system can be defined as a system designed to…

Q: What activities are involved in the batch processing system?

A:

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: Suggest appropriate data entry and data processing controls to ensure spreadsheet accuracy.

A: Accuracy in data entry can be improved by identifying the source of inaccuracies, adhering to robust…

Q: Explain discretionary access privileges.

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

Q: What are the strengths and weaknesses of a batch system with direct access files?

A: Accounting Information System: AIS collects, records, stores and processes accounting and other data…

Q: Describe the four common programmed edit checks.

A: Accounting information system is system which used by businesses for storing, collecting, managing,…

Q: How are run charts useful in process control?

A: A run chart is a graph of data that is plotted over time. For a particular process if you collect…

Q: Give an application for a partitioned database.

A: Database Management: It refers to the process of managing the databases that are held within a…

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: How can forwardrates be used for hedging purposes?

A: SOLUTION:- Risk management is the main stimulus for forward contracts. Forward contract is a…

Q: Define call protection

A: A financial instrument that does not affect the ownership of the common shareholders or management…

Q: Explain the GPC backup technique. Is it used for sequential files or direct access techniques?…

A:

Q: create a ledger

A: Bank statement: The bank passbook is only a copy of the customer's accounts in the books of bank.…

Q: Match the items

A: Answer: Deferred Tax Liabilities – are always presented as non-current liability in the statement of…

Q: Describe internal event with example.

A: Definition:   Accounting event: An accounting event is a transaction that is recorded in the books…

Q: Create a General Ledger.

A: In bookkeeping, a general ledger, is a bookkeeping ledger in which accounting data is posted from…

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

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Q: What is a data dictionary?

A: Dictionary is the storage of words of a language where the equivalent meanings of the words can be…

Q: Define call provision

A: The bonds refer to the debt securities that allow the issuer to raise capital from external sources,…

Q: Define Prepayments.

A: Step 1 The outflow of money to reduce the liabilities occurred in the current accounting period…

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: Briefly explain the importance of conceptual or internal mapping in DBMS

A: This question explains about the importance or internal mapping DBMS:

Q: Explain the purpose of an ER diagram in database design.

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Q: what is posting system in detail ?

A: Accounting is a tool of recording, summarising and analysing the financial transactions and events…

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: Which of the following is NOT a database management task?a. retrievalb. storagec. summarizationd.…

A: Database management is an important tool used for the management of data files. This management…

Q: Give an application for a replicated database.

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

Q: Define the term attest function.

A:

Healthcare Organization

Healthcare organizations are entities that provide healthcare services such as primary care, surgery, diagnosis of diseases, and medical treatment to patients who are in need. Healthcare organizations or health systems provide healthcare benefits to people through clinics, hospitals, teaching and training institutions, and research institutions. The fundamental purpose of healthcare organizations is to offer healthcare services at a lower cost to meet the health needs of the people.