BuyFindarrow_forward

Accounting Information Systems

10th Edition
Hall + 1 other
Publisher: Cengage Learning,
ISBN: 9781337619202

Solutions

Chapter
Section
BuyFindarrow_forward

Accounting Information Systems

10th Edition
Hall + 1 other
Publisher: Cengage Learning,
ISBN: 9781337619202
Chapter 1, Problem 1RQ
Textbook Problem
1326 views

What are the four levels of activity in the pyramid representing the business organization? Distinguish between horizontal and vertical flows of information.

To determine

Explain the four levels of activity in the pyramid representing the business organization and difference between horizontal and vertical flows of information.

Explanation of Solution

Business:

Business can be defined as a work that includes exchange or production of goods and services against a consideration called as money. The basic assumption for running a business is going concern.

The four levels of activity in the pyramid representing the business organization are as follows:

  • Business operation: The lowermost level of activity in the pyramid is business operation. This level consist day-to-day oriented business operations of the organization.
  • Operation management: This level manages the day-to-day oriented business operations. Operation management also performs the controlling function over day-to-day oriented business operations.
  • Middle management: Middle management is responsible for short-term planning. This level of management is engaged in coordinating all activities required for accomplishing business goals.
  • Top management: Top management is responsible for long-term planning. Goals and objectives of business are also set up by the top management.

Horizontal flow of information maintains operation level tasks. The information contains all the details regarding daily operations and flows across all the departments.

Vertical flow of information can go downward when top management specifies goal, strategy and goals to lower manager. Vertical flow of information can also go upward when operating staff delivers a summarized report to its senior manager. This report includes daily operation activities.

The Solution to Your Study Problems

Bartleby provides explanations to thousands of textbook problems written by our experts, many with advanced degrees!

Get Started

Chapter 1 Solutions

Accounting Information Systems
Show all chapter solutions
add
Ch. 1 - What are the fundamental objectives of all...Ch. 1 - What does stewardship mean, and what is its role...Ch. 1 - List five functional areas and their...Ch. 1 - Distinguish the roles of internal and external...Ch. 1 - What is the role of a database administrator?Ch. 1 - What is the role of the accounting function in an...Ch. 1 - Distinguish between the centralized and...Ch. 1 - What is distributed data processing?Ch. 1 - What is an ERP system?Ch. 1 - What two roles are played by accountants with...Ch. 1 - Define the term attest function.Ch. 1 - Define the term financial services.Ch. 1 - What is IT auditing?Ch. 1 - Distinguish between conceptual and physical...Ch. 1 - What is the role of the audit committee of the...Ch. 1 - Who initiates a fraud audit within the...Ch. 1 - When can external auditors rely on the work...Ch. 1 - Name the tests that auditors perform to gather...Ch. 1 - What characteristic conceptually distinguishes...Ch. 1 - What is the role of network administration?Ch. 1 - What is cloud computing?Ch. 1 - Name the two ways in which organizations acquire...Ch. 1 - Why are custom systems more expensive than...Ch. 1 - What types of companies are potential customers...Ch. 1 - Briefly explain accounting independence.Ch. 1 - Why do systems designers need to know anything...Ch. 1 - Discuss the differences between internal and...Ch. 1 - Comment on the level of detail necessary for...Ch. 1 - Distinguish between financial and nonfinancial...Ch. 1 - An information system must meet three fundamental...Ch. 1 - Do you think transaction processing Systems differ...Ch. 1 - Discuss the difference between the financial...Ch. 1 - Examine Figure 1-4 and discuss where and how...Ch. 1 - Discuss how the dements of efficiency,...Ch. 1 - Discuss what is meant by the statement, The...Ch. 1 - Discuss the importance of accounting independence...Ch. 1 - Discuss why it is crucial that internal auditors...Ch. 1 - Contrast centralized data processing with...Ch. 1 - Discuss how conceptual and physical systems differ...Ch. 1 - Why is an active board of directors audit...Ch. 1 - Do you agree with the statement. The term IT...Ch. 1 - Describe cloud computing and explain how it is...Ch. 1 - Why is it important to organizationally separate...Ch. 1 - What is an external financial audit, and what are...Ch. 1 - Why do firms outsource their IT functions? Explain...Ch. 1 - Which of the following is NOT a purpose of the...Ch. 1 - Which of the following are objectives of the data...Ch. 1 - Which of the following is NOT a database...Ch. 1 - Which of the following is NOT a financial...Ch. 1 - The following are subsystems of the accounting...Ch. 1 - Which of the following is NOT a characteristic of...Ch. 1 - When viewed from the highest to most elemental...Ch. 1 - Which of the following is least likely to be used...Ch. 1 - Which of the following is NOT an objective of all...Ch. 1 - Which of the following best describes the...Ch. 1 - Which of the following best describes the...Ch. 1 - Which of the following best describes the...Ch. 1 - Which statement best describes cloud computing? a....Ch. 1 - Which of the following statements is most...Ch. 1 - USERS OF INFORMATION Classify the following users...Ch. 1 - GENERAL MODEL FOR AIS Redraw the diagram presented...Ch. 1 - ACCOUNTING INFORMATION SYSTEM ACQUISITION What is...Ch. 1 - INFORMATION SYSTEM CATEGORIZATION Classify the...Ch. 1 - ORGANIZATION FUNCTIONS Based on Figure 1-6 in the...Ch. 1 - ORGANIZATION FUNCTIONS: DIVERSIFIED FIRM Based on...Ch. 1 - FUNCTIONAL SEGMENTATION The current organizational...Ch. 1 - COMMUNICATIONS Before the mid-1970s, systems...Ch. 1 - CHARACTERISTICS OF USEFUL INFORMATION All records...Ch. 1 - DATA ATTRIBUTES Drawing from your basic accounting...Ch. 1 - ROLE OF INTERNAL AUDIT FUNCTION Nano Circuits Inc....Ch. 1 - INTERNAL AUDITOR INDEPENDENCE Technical Solutions...

Additional Business Textbook Solutions

Find more solutions based on key concepts
Show solutions add
Give three examples of unearned revenue.

College Accounting, Chapters 1-27

Why do firms engage in international trade?

Foundations of Business (MindTap Course List)

NONANNUAL COMPOUNDING a. You plan to make five deposits of 1,000 each, one every 6 months, with the first payme...

Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)

Find all the answers to your study problems with bartleby.
Textbook solutions plus Q&A. Get As ASAP arrow_forward