What do you mean by electronic data interchange?

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: What does XML stand for?

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

Q: s data independence? why is it important in a comparison of the application and centralised database…

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Q: What is the objective of a transaction log?

A: Auditing is a gathering of information and evaluation of evidence as to report on the degree of…

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 data flow diagram an effective documentation technique for identifying who or what performs a…

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Q: What is (are) the purpose(s) of maintaining a valid vendor file?

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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: What is the purpose of the TCP portion of TCP/IP?

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Q: What is an enterprise system?

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

Q: What is data mining?

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Q: What is the purpose of an input device? Give examples of input devices for computer systems.

A: An input device is any piece of equipment used to provide data and control signals to an information…

Q: What is a Data Definition Language?

A: Data definition language is known as DDL. DDL is a set of SQL commands that can be used to define…

Q: How to create journalizing transaction with this kind of problem?

A: Journal entries recording is the initial step in accounting cycle process. Under this, atleast one…

Q: What is computer ethics?

A: Ethics: Ethics can be defined as a conduct adopted by an individual in making the selection between…

Q: What is a semantic data model?

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Q: What rules govern data collection?

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Q: What do you call a thing that is provided by AIS by ensuring the information produced by the system?

A: Accounting Information Systems: An accounting information system is referred to as the system that…

Q: What are the advantages of real-time data collection?

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Q: What is information overload?

A: Report: The formal document used for providing information to the managers is called report. 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: What is a data dictionary, and what purpose does it serve?

A: Return on investment (ROI):   Return on investment evaluates how efficiently the assets are used in…

Q: What is an internal exchange transaction, and how is it reported?

A: Internal exchange transactions are those reciprocal exchange transactions that occur between funds…

Q: What is skimming?

A: Skimming: It is the fraudulent process under which the employees of the company steal the cash from…

Q: What is a data warehouse?

A: Definition: Database: A database can be defined as the collection of data in an organized manner…

Q: What are the advantages of real-time data processing?

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Q: What does data cleansing mean?

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Q: What does stewardship mean and what is its role in an information system?

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

Q: What is the role of a Database Administrator?

A: Database:  A database can be defined as a collection of structured data which is stored in digital…

Q: What is an accounting information system (AIS)?

A: Accounting Information System:It is a process which collects data, processes the same into…

Q: What documents constitute the AP packet? Whatevidence does each document provide?

A: An organization should record a liability in its books of accounts based on the invoice amount after…

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 closed database architecture?

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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: What is the purpose of Transaction Tagging?

A: Tagging and tracking transaction: In tagging and tracking transaction technique, the auditor puts a…

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

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Q: What information is required in a proxy statement?

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

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.