Why should test data be saved after it has been used?

Q: Why have re-engineering efforts been made to integrate AIS and MIS?

A: An Accounting Information System (AIS) uses financial data where a Management Information System…

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

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

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: What information would a batch control record contain?

A:

Q: What is an ERP system?

A: Enterprise Resource Planning (ERP) System: Enterprise Resource Planning System refers to a…

Q: How long must audit workpapers be maintained?

A: Definition:   Audit planning: Audit planning includes the designing of audit strategy for the…

Q: What is SCM software?

A: Supply Chain Management: SCM (Supply Chain Management) refers to the wide variety of activities…

Q: How has the advent of the electronic spreadsheet affected the use of sensitivity analysis?

A: Sensitivity analysis:

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: You are required to find the data and

A: Return on Assets is Financial Ratio.which provides information about how much profit can be generate…

Q: What are the relative merits and disadvantages of a current system survey?

A: System Survey: System survey is defined as the process of determining the elements of information of…

Q: List the causes of information risk,and explain how this risk can bereduced

A: Information Risk – It’s a kind of risk which occurs whenever various business risk decision are made…

Q: What activities are involved in the batch processing system?

A:

Q: What is bolt-on software?

A: Software:   Software can be defined as a set of data, programs, and instructions that are used to…

Q: When is a New AIS is needed?

A: AIS is accounting information system is a whole information system which provides information about…

Q: Which of the following is a control that can be used to ensure that all of the components of an…

A: The procedures for rejection inputs is a  control that can be used by the auditor to ensure that all…

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

A:

Q: What is the relationship among data, information, and an information system?

A: The meanings for following terms are stated below: Data: It can be described as unprocessed facts…

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

A:

Q: How does the Representational faithfulness is enhanced if information is free from error?

A: Accounting:   Accounting is the process of recording the financial transaction of the organization…

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: Why are denormalized tables used in data ware-houses?

A: Data Warehouse:   Data warehouse is also termed as enterprise data warehouse. It can be defined as…

Q: What are the strengths and weaknesses of a batch system with direct access files?

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

Q: How may batch processing be used to improve operational efficiency?

A: Batch Processing: Batch processing refers to as a process involving multiple transactions which are…

Q: What is the purpose of a digital audit trail?

A: Digital audit trail means that path which is used to trace the actual transactions from the relevant…

Q: What conditions increase the demand for reliable information?

A: Nowadays it is very difficult to trust someone. cheating and frauds have become so common. which…

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

A: Real Time Processing: Real time processing is performed in conditions where the transactions in the…

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: During a test data procedure, why should the developers bother testing bad data?

A:

Q: Can a turnaround document contain information that is subsequently used as a source document? Why or…

A:

Q: In one sentence, what does updating a master file record involve?

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

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 are the advantages of real-time data processing?

A:

Q: What is the difference between system software and application software?

A: System Software is the software type which is the interface between system & application…

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: “If we document a system with a systems flowchart and data flowdiagrams, we have overdocumented the…

A: AIS termed as Accounting information system which is defined as the structure that the companies…

Q: What are CAATs (Computer-aided audit tools)?

A: CAAT is a technique through which, computer is being used in performing some part of the auditing…