which of the following banking-related systems considered as a core system: Select one: O. a. All of the above O b. Customer Relationship Management Systems (CRM) O c. Data Warehousing O d. Product applications

which of the following banking-related systems considered as a core system: Select one: O. a. All of the above O b. Customer Relationship Management Systems (CRM) O c. Data Warehousing O d. Product applications

Accounting Information Systems

10th Edition

ISBN:9781337619202

Author:Hall, James A.

Publisher:Hall, James A.

Chapter10: The Rea Approach To Database Modeling

Section: Chapter Questions

Problem 3MCQ

See similar textbooks

Related questions

Q: Identify the following users as either external users (E) or internal users (I): _______ Customers.…

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: The advantages of electronic banking facilities include

A: Introduction: The electronic banking also referred by the terms e-banking or virtual banking…

Q: Discuss the difference between business-to-business and business-to-costumer. Provide a specific…

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

Q: Which of the following assets require the strongest of internal controls?A. inventoryB. credit…

A: Internal control procedures are those techniques and procedures which are established for the…

Q: explain the differences among business processes, information systems and applications. State the…

A: Business process: A business process is a series of steps to accomplish a concrete purpose carried…

Q: What are the advantages and disadvantages of Xero Accounting Software?

A: Xero Accounting software is a cloud based accounting software for small,medium and large businesses.…

Q: Explain how source data automation is used in the commerce and financial institutions

A: When the data is collected at their point of origin in digital form, it is known as source data…

Q: write about the implementation of systrust (integrity,security,availability,privacy and…

A: Internal control is an important part of every organization. It helps in maintaining the efficiency…

Q: Explain how internal control can be enhanced through the proper installation of Information…

A: Hello. Since your question has multiple parts, we will solve the first question for you. If you want…

Q: 1. Data under a traditional ledger system is authenticated by a central authority while data under a…

A: “Since you have posted a many question, we will solve first question for you. To get the remaining…

Q: Discuss the key factors to consider in determining how to partition a corporate database.

A: Corporate Database: Corporate database refers to the whole data of any organization from the time of…

Q: What is the role of a corporate computer services department? How does this differ from other…

A: Corporate computer services department refers to that department which furnishes the technical…

Q: Which of the following is an example of an input control? a.making sure report that are distributed…

A: Input controls are used to obtain responses from the interview user. each input control has…

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

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

Q: Computer accounting control procedures are referred to as general or application controls. The…

A: Application controls in a computer environment refers to the controls that are related to the…

Q: Discuss the audit considerations arising from a bank’s extensive dependence on technology-based…

A: Audit consideration is the considerations which have to be done by the auditor on the financial…

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

Q: How does a database lockout contribute to financial data integrity?

A: Definition: Database management: Database management refers to the management of databases held…

Q: A digital structure that stores transactional records in a digital ledger is known as None Crowd…

A: A digital structure that stores transactional records in a digital ledger is known as Block chain…

Q: What represents a company’s primary means of cummunicaying information to external users?

A: First of all, we need to understand who are external users- these are the people who are interested…

Q: An internal control system is made up of all rules and processes that are used to safeguard assets,…

A: Here is the Answer

Q: Which of the following is an advantage of a computer-based system for transactionprocessing over a…

Q: Internal accounting information is used primarily for internal decision making by an…

A: a.

Q: What types of unique control problems are created by the use of PC accounting systems?

A: PC accounting systems are usually used by small firms and also sometimes by decentralized large…

Q: Which of the following best describes a system of computers that connects the internal users of an…

A: a. Local area network (LAN) is a network of computers in a same building or room which are connected…

Q: Which of the following options is/are correct with respect to Entity-Relationship (E-R)? I. An…

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

Q: Which of the following benefits of an effective accounting information system provides safeguards…

A: Definition: Accounting information system (AIS): An accounting information system (AIS) is a…

Q: Bank and investors are primary users of the management accounting Select one: O True Falsel

A: Primary users of management accounting are internal users called as Managers, employees

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: 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: Identify at least three risks that auditors need to consider for companies that process web-based…

A: Audit risk is the possibility that financial statements are materially incorrect, even if the audit…

Q: Distinguish the revenue cycle activities and operations of a conventional "brick and mortar" company…

A: THE ANSWER:

Q: Distinguish the roles of internal and external auditors in AIS

A: "Hey, since there are multiple questions posted, we will answer the first question. If you want any…

Q: Accounting 1. what measures QuickBooks software implements to prevent cybersecurity breaches.

Q: Which of the following assets require the strongest of internal controls? Group of answer choices…

A: The balance sheet represents the financial position of the business with assets and liabilities on a…

Q: Which of the following is often called a compensating control?a. transaction authorizationb.…

A: The compensating control is referred to as a type of control that is meant for reducing attacks and…

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

Q: Provide a detailed analysis of the tactics for improving each quality attribute in the context of…

A: The term quality in the banking system means to provide good services to customers and the users of…

Q: Answe these questions in relation to accounting packages systems

A: Here discuss about the details of the sage Pastel software for the Accounting and uses to kept…

Question

C11
which of the following banking-related systemns considered as a core system:
Select one:
O. a. All of the above
O b. Customer Relationship Management Systems (CRM)
O c. Data Warehousing
O d. Product applications

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.

Similar questions

Big data is mined ________. A. to find business trends B. to record transactions C. as an alternative to creating an accounting information system D. as an alternative to the darknet
Using examples describe the following categories of e-commerce i. B2C ii. B2B iii. C2C iv. G2C
In addition to B2B and B2C transactions, the Internet is commonly used in all of the following business activities except a.customer relationship management b.product life-cycle management c.supply chain management d.regulatory compliance management
Which of the following provides a decentralized database or digital ledger of transactions that everyone on the network can see? a.Block chain technologies b.Crowd funding c.Crypto currencies d.Investment banking
According to R3 CORDA: A DISTRIBUTED LEDGER TECHNOLOGY FOR FINANCIALSERVICES What is a distributed ledger? What is a blockchain? How is a blockchain similar and different from a distributed ledger?
QUESTION 4 Discuss the advantages of Transaction Authorisation Code (TAC) used for online banking.
Question 37 options: What is the name of the language for electronic communication of business data that allows companies to report financial informaitn in a sturctured, machine-readable format?
Which of the following categories of e-business would an EDI (electronic data interchange) system usually be classified within?
19- Which of the following provides a decentralized database or digital ledger of transactions that everyone on the network can see: a. Investment banking b. Block chain technologies c. Crowd funding d. Mutual fund
Describe with examples 6 (SIX) controls that an organizations can utilize tofortify their accounting systems during a crisis such as Covid-19.
Which of the following is not an area where the Internet is used for business purposes? a. business cycle management b. customer relationship management c. supply chain management d. product life-cycle management
Please give answers with own answer on accounting information system 1. Distinguish the roles of internal and external auditors in AIS 2. Distinguish between the centralized and distributed approaches to organizing the IT function.