The distributed data processing approach carries some control implications of which accountants should be aware. Discuss two

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: Discuss briefly the importance of involving accountants in the detailed design and implementation…

A: Systems Development is a process of designing a new software with the needs and goals of an…

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

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: What is data inconsistency? occurs when a system produces correct and consistent data the practice…

A: Solution- Data inconsistency is a situation where there are multiple tables within a database that…

Q: Outline from your own understanding the roles of the following people in information system audit…

A: Auditing is a process of inspecting the financial accounts of a company in order to determine the…

Q: what factor influences the decisions to employ real time data collection with batch updating rather…

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

Q: How does concurrency control contribute to financial data integrity?

A: Concurrency Control:   Concurrency control is a system in the database management system that helps…

Q: What is the role of the data control group?

A: The question is based on the concept of control group in experiment.

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

A:

Q: What kind of graph can help decision making in management accountin? It would be if there are some…

A: The graphs are often considered statistical tools, however, in almost all fields, they are used as…

Q: Explain how a data warehouse database is fundamentally different from a transaction processing…

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

Q: In comparison to the external auditor, an internal auditor is more likely to be concerned with a.…

A: Auditing refers to the process of scrutinizing the financial statement of the business entity and…

Q: Discuss how the nature of the necessary internal control features is affected by switching from a…

A: Internal Control:- It is the process in which a company puts a check on their employees for each…

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: Why are accountants regarded as system users in the systems development process if they are seen as…

A: The answer:

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: Accountants may be involved in several aspects of database development. In which area below would an…

A: Answer An external schema describes the part of the database which specific user is interested in.…

Q: What is meant by the control function of management accounting?

A: Management accounting: It can be defined as the process of preparing reports related to the…

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: Explain how the management accountant, with the use of computer technology, can provide information…

A: Accountant is the professional body appointed by the business organization to handle and manage the…

Q: What are some of the more common uses of data codes in accounting information systems?

A:

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: Flexibility is one of the principles of an efficient and effective accounting information system!…

A: The accounting information system (AIS) is the system software used by businesses to keep their…

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

A:

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: What factor influences the decision to employ real-time data collection with batch updating rather…

A: Definition: Transaction process system: The transaction process system can be defined as a system…

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: Why the design of a table or a form is important? Why accountant has to have sufficient knowledge…

A: Ans 1. Designing of the forms used to impact an overall user experience, when an user actually gets…

Q: Identify risks for accounting systems that rely heavily on IT functions.

A: Risk refers to the outcomes of uncertainties. It can be good if well planned and it can be worst…

Q: What are the advantages and disadvantages of documenting internal control by using (1) an…

A:

Q: What are the objectives of auditors in auditing data management?

A:

Q: Accountants at an organization that uses an ERP system speak in terms of "data flows" between…

A: Here is the Answer:

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: describe the connection between the management process planning, feedback, controlling? take an…

A:

Q: Distinguish between the verification model and the discovery model approaches to data mining.

A: Data Mining:   The data mining is the technique which is used by the management reporting system…

Q: The objectives of the data collection activity of the general model for Accounting Information…

A: The correct option is d i.e. efficient and relevant.

Q: What is task data dependency? (this is related to Accounting Information Systems

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

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: As an accountant, why would you need to be familiar with data normalization techniques?

A:

Q: Which statement about flowcharts is correct? a. They list internal control activities that are…

A: Flowchart is a visual representation which shows the business process flow happening in an…

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: Management accounting emphasizes on the roles of reporting for internal users. Discuss.

A: Management accounting is one of the branch of accounting in which decisions are being made on the…

Q: If accountants are viewed as providers of information, then why are they consulted as system users…

A: System development process includes designing, developing, testing, and maintaining of systems. In…

Q: Briefly provide your opinion whether an auditor wishing to assess the adequacy of separation of…

A:

Q: Draw the sketch of the management Accounting control system. What type of considerations are…

A: The administrative devices that firms use to control their managers and staff are referred to as…

Q: What is the audit team’s goal in performing them in an attributessampling application?

A: Attributes sampling involves selecting a small number of transactions from the given population of…

Q: ribe how information moves between modules in an ERP system. Justify the inaccuracy of the…

A: Enterprise resource planning ERP created by research company Gartner in 1990, may be misleading.…

Q: 1. Explain the audit control over data management!

A: Audit states examination of the business books or financial statements and it helps in detecting any…

Q: What is the role of the data Librarian?

A: Auditing means the inspection of financial accounts of the company to determine if the records are…

Q: Management Accounting System and The Management Information System are the same?

A: Management info systems is additionally referred to as PC info systems, business info systems, or…

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: An engineering company is looking for a software solution to manage their inventory and…

A: Inventory refers to the items, materials or merchandise and any type of goods which are sold by the…

Q: Which of the following sets of application characteristics of an accounting application might…

A: The question is multiple choice question. Required  Choose the Correct Option.