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

Q: Describe briefly why Electronic Data Interchange (EDI) is helpful to managers.

A: Electronic Data Interchange (EDI): EDI is a computer application which makes an online link between…

Q: Distinguish between turnkey, backbone, and vendor-supported systems.

A:

Q: Define client-side virtualization

A: The Answer :

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: Which of the following general data flows is shown on a computerized system flowchart? O…

A: Data flow is defined as the path for the data to move from one part of the information system to…

Q: Explain how an IT environment affects the segregation of functions.

A: Segregation of Duties (SoD) is a set of controls and policies intended to ensure accuracy and keep…

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: Create a system flowchart of the existing system.

A: Flowchart:   Flowchart is representation of procedures concerned with the transactions in the…

Q: what are the process of system flowchart?

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

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: how to relate cloud accounting with cost management?

A: Cloud Accounting Cloud Accounting software is similar to traditional, on premises or self installed…

Q: Explain how linkages between relational tables are accomplished.

A: Foreign Key: The primary key of a file is used to identify a record in another file is known as a…

Q: Define software development costs.

A:

Q: Explain the Diamond model of delegated monitoring

A: The Diamond model is referred to as the model which describes the competitive advantage of the…

Q: What is shared service agreement menas in a internal control system?

A: Internal Control System:-It is a set of rules and protocol which the company and management set for…

Q: What are the key features of POS system

A: POS System: It helps in integration of sales monitoring, analytics and reporting, data management of…

Q: What is an enterprise system?

A: Introduction:- An enterprise system, also known as an enterprise resource planning. It handles…

Q: Explain an example of internal users.

A: Accounting: Accounting is a system, or a process of collecting and organizing economic transactions,…

Q: Discuss the rules for linking events to resources and agents in an REA diagram.

A: REA Diagram: REA diagram is a technique which is used to establish the relationship between…

Q: Explain the issues of size, speed, workload, and transaction as they relate to scalability

A:

Q: Explain why the data warehouse needs to be separate from the operational database.

A: Data Warehousing:   Data warehousing is a method through which an organization collects and manages…

Q: Please differentiate between centralized and decentralized operations.

A:

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

A: option a is the correct answer

Q: Define and describe what is meant by internal control.

A: Internal control:   Internal control can be defined as a process to ensure achievement of the…

Q: How are the summary views in a data warehouse different from views in an operational database?

A: Data Warehousing:   Data warehousing is a method through which an organization collect and manage…

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: Distinguish between the two-tier and three-tier client-server models. Describe when each would be…

A:

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: What are four ways in which database management systems provide a controlled environment to manage…

A:

Q: Explain the importance of documentation by the systems programmers.

A: Documentation:   Documentation refers to maintain a set of documents by a technical person in the…

Q: Give example of the relationship between a Human Resource Information System and MIS.

A: Human Resource Information System (HRIS) refers to the system of collecting, recording, classifying,…

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: How are system flowcharts and program flow charts related? (this is related to accounting…

A: System flowcharts refer to the concept of showcasing the whole route of data flows in a system and…

Q: Managed CDOs is designed for what?

A: Introduction: A collateralized debt obligation (CDO) is a portfolio of differing credit quality debt…

Q: What is a central repository in a CASE system?

A: Definition: Computer-aided software engineering (CASE) tool: Computer-aided software engineering is…

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

A:

Q: Identify the two main types of software.

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

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.

A:

Q: Distinguish between conceptual and physical systems.

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

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: 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,…

Computerized Accounting System

The Computerized Accounting System is generally a system of maintaining accounts using computers. In this method of accounting system, the accounting transactions are processed through the use of hardware and software to generate the reports such as journals, ledgers, trial balance, trading account, P/L accounts, balance and other reports.