The objectives of the data collection activity of the general model for Accounting Information Systems are to collect data that are a. relevant and redundant. b. efficient and objective. c. efficient and redundant. d. efficient and relevant.

Q: Use the flowchart above to answer these questions: a. What accounting document is represented by…

A: A flowchart depicts the individual phases of a process in a logical sequence. It is a general tool…

Q: What is data reliance on a task? (relative to Accounting Information Systems)

A: Introduction: Accounting Information system: Accounting An information system is a collection of…

Q: Provide an example of how paper-based accounting information systems are different from computerized…

A: Accounting information systems: Accounting information systems collects data from different events…

Q: describe accounting as an information system

A: Accounting as an Information System An Accounting as an information system is the system of storing,…

Q: Which of the following is not a component of an accounting system?   the input source documents…

A: The Components of an accounting system is : The Input source documents The output reports.

Q: Which of the following are considered secondary characteristics of accounting information? a.…

A: Accounting information is used by various users for different purposes. The primary characteristics…

Q: hich of the following is not a function of an Accounting information system? Select one: a. The…

A: solution concept accounting information system               accounting information system is a…

Q: collection

A: Ans. Inductive approach is merely a reasoning method by which a law or general principle is…

Q: What is a computerized accounting system? Write its advantages and disadvantages?

A: Computerized Accounting System It is a system where accounting Transactions are recorded using a…

Q: Explain the two components of a computerized accounting information system.

A: Computerized Accounting Information System:   Computerized accounting information are software…

Q: What purpose is served by the output devices of an accounting system?

A: Output devices: Output devices help in taking the information out of the system and provide it to…

Q: Define accounting information system.

A: Accounting Information System (AIS) is a computer-based system used by decision makers to collect,…

Q: Which of the following are considered secondary characteristics of accounting information? a.…

A: Secondary Qualitative Characteristics of accounting information is how useful the information is.…

Q: Which is better and accurate; manual or * ?computerized accounting system and why

A: Manual accounting system involves physical registers, books of accounts and vouchers for recording…

Q: differentiate internal user from external user of accounting information

A: Accounting is the detailed process of recording, classifying, summarising and reporting accounting…

Q: Explain whether the cost of accounting systems primarily support internal or external reporting

A: Cost Accounting System: Cost accounting system can be defined as a framework designed by the…

Q: discuss the importance of accounting interdependence in accounting information systems.

A: An Accounting Information System is a system that is used  to collect, process, manage data with…

Q: "In management accounting, the timeliness of information is more essential than the accuracy of…

A: Introduction: Management accounting is the process of identifying, quantifying, analyzing, and…

Q: What are the fundamental concepts of Accounting Information Systems (AIS)? What are the main stages…

A: Introduction: Because you asked numerous questions, we will answer the first one for you. If you…

Q: Identify the following users of accounting information as either an (a) external or (b) internal…

A: External users of accounting information are those persons which are external to the organisation…

Q: Which of the following are the fundamental characteristics of accounting information? O a.…

A: The fundamental qualities of Accounting Information are Relevance and Faithful Representation.…

Q: What is accounting information system and what is its components and explain.

A: All the transactions in the company will be recorded in the journal book in a chronological manner.…

Q: Discuss about the accounting policies, selection, relevance, reliability, faithful representation…

A: Accounting policies are specific principle procedures and measures that are used to record,…

Q: From the internal parties that the system deals with Accounting information *

A: Basically internal information can be accessed only by the internal users of an organisation. People…

Q: The outputs of a computerized accounting information system are called a. reports. b. software. c.…

A: Computerized accounting includes using the computers and accounting software for recording, storing…

Q: Which of the following options best describes TVU's accounting information system (AIS)? Select one:

A: The answer for the multiple choice question and relevant explanation are presented hereunder :…

Q: Discuss the significance of accounting systems in generating reliable accounting information…

A: Information systems are very important for the generation of quality accounting information on a…

Q: Use the flowchart to answer these questions:a. What accounting document is represented by symbol…

A:

Q: Briefly explain the importance of independence of the accounting function in Accounting Information…

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

Q: Briefly distinguish between management and financialaccounting information in terms of ( a ) the…

A: Financial accounting: Financial accounting is different from managerial accounting. Financial…

Q: Classify the following activities as part of the identifying (I), recording (R), or communicating…

A: Identifying function: helps the organization to select from its business activities, the…

Q: Describe the major constraint inherent in the presentation of accounting information.

A: Accounting information:   Accounting information refers to that information which is concluded from…

Q: s that influence the adoption of computarised ac

A: Using computerized accounting systems, you may set up revenue and expenditure accounts for things…

Q: What two primary qualitative characteristics make accounting information useful?   Predictive…

A: Relevance: In accounting, the term relevance means it will make a difference to a decision maker.…

Q: The following are subsystems of the Accounting Information System, EXCEPTa. Transaction Processing…

A:

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: For each of the following, indicate if the statement reflects an input component, output component,…

A: Accounting Information System:   It is a structural framework used by business to collect, store,…

Q: Management accounting information is used by internal users for various types making. What are the…

A: Management accounting information refers to the collective form of all the desired reports and files…

Q: State valid points about features of computerized accounting system with the context of modern…

A: Computerized accounting system: Computerized accounting system is use of accounting software to…

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.