What factor influences the decision to employ real-time data collection with batch updating rather that purely real-time processing? Explain.

Q: How can Embedded Audit Modules in software be utilized in an audit?

A: Audit: Audit is the process of verification of the compliance of the financial statements.

Q: What's the related cost of implementing database system?

A: This question explains about  the related cost of implementing database system.

Q: what type of information should be included in the systems analysis report?

A: System analysis is the examination of the business problem that organizations plan to solve with an…

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: Which statement is NOT true? a. Drill-down capability is an OLAP feature of data mining tools…

A: Enterprise Resource Planning: ERP refers to the software of business process management which…

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: How is Parallel Simulation utilized during an audit?

A: Auditing:   It is the systematic verification of the books of accounts of an organisation by an…

Q: How could a computerized system’s transaction audit trail in an advancedsystem differ from one in a…

A: Audit Trail: The accounting records of an entity are provided in an audit trail. It is used to…

Q: Is a flowchart an effective documentation technique for identifying who or what performs a par-…

A: Flowchart:   A flowchart is a representation of the procedures related to transactions in the…

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

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

Q: What are the primary objectives of a batch control?

A:

Q: What flat-file data management problems are solved as a result of using the database concep

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

Q: What is the control issue related to reentering corrected error records into a batch processing…

A:

Q: This chapter stressed the importance of data normalization when constructing a relational database.…

A: Data warehousing is a method through which an organization collects and manages the data from the…

Q: What are POS Systems? Enumerate their advantages versus manual data collection systems.

A: Introduction: A point of sale (POS) system is used to monitor sales and receive consumer payments.…

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 factors influences the decision to employ real time data collection with batch updating rather…

A: Batch Processing through Real Time Data collection system:Real time processing process the…

Q: What is the most crucial aspect of the transition from serial to batch processing?

A: Batch accounting is referred as the transferring system of an items from the ledger, journal, and…

Q: What are the strengths and weaknesses of a batch process with sequential files?

A: In a sequential file processing in batch mode, the master file is updated by incorporating the…

Q: What very important precautions must be taken during the data conversion procedures?

A:

Q: Distinguish between batch and real-time processing.

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

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: Discuss why control procedures over access to the data resources become more crucial under the…

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

Q: What exposures do data consolidation in a CBIS environment pose?

A:

Q: Is access control of greater concern in the flat-file or database file environment?

A: Access Control: Access control can be defined as a process which is incorporated into the IT…

Q: Define audit trail. How could a computerized system’s transaction audit trail in an advancedsystem…

A: Audit Trail: The accounting records of an entity are provided in an audit trail. It is used to…

Q: What documents trigger and support batch processing systems?

A: Batch processing system refers to the transaction’s processing in a bunch or group. The interaction…

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

A:

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: What is changed data capture?

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

Q: What does data cleansing mean?

A:

Q: What is the purpose of a systems analysis, and what type of information should be included in the…

A: Definition:   System analysis: System analysis is a course of action to gather the information…

Q: Discuss the benefits that may be realized in switching from a computerized batch processing system…

A: The Batch systems assemble the transactions into groups called as batches for processing. The Batch…

Q: What are some tests of data communications controls?

A:

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: Compare and contrast the difference between the retrospective analytics approachand the predictive…

A: Retrospective analytics approach is a process of finding the useful data in order to evaluate what…

Q: What problems does the data cleansing step attempt to resolve?

A: Accounting information system : AIS is a structure used in business for collecting, storing,…

Q: Examine the diagram below and determine what essential mechanism is missing. Once you have…

A:

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,…

Management Information Systems

While undertaking any business decisions, data is the most important aspect. An information system (IS) is a set of data, computing devices and management methods that support routine company operations. A management information system (MIS) is a specific subset of IS.