Accounting Information Systems
10th Edition
ISBN: 9781337619202
Author: Hall, James A.
Publisher: Cengage Learning,
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Chapter 10, Problem 10MCQ
To determine
Identify the correct statement.
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Which of the following is true? a. REA diagram entities are arranged in constellations by entity class. b. ER diagrams present a static picture of the underlying business phenomena. c. Entity names in ER diagrams are always in the noun form. d. Events entity names in REA diagrams are in the verb form. e. All of the above are true statements.
Use the flowchart above toanswer these questions:
a. What accounting document is representedby symbol A?b. What is an appropriate name for thedepartment labeled B?c. What would be an appropriate descriptionfor process C?d. What is the location represented bysymbol D?e. What accounting record is represented bysymbol E?f. What is an appropriate name for thedepartment labeled H?g. What device is represented by symbol F?h. What device is represented by symbol G?i. What accounting record is represented bysymbol G?
Identify each of the following terms/phrases as either an accounting (a) principle, (b) assumption,or (c) constraint. Business entity
Chapter 10 Solutions
Accounting Information Systems
Ch. 10 - What is a user view?Ch. 10 - Prob. 2RQCh. 10 - Prob. 3RQCh. 10 - What are economic resources?Ch. 10 - What are economic events?Ch. 10 - Prob. 6RQCh. 10 - Prob. 7RQCh. 10 - Prob. 8RQCh. 10 - Prob. 9RQCh. 10 - Prob. 10RQ
Ch. 10 - Prob. 11RQCh. 10 - Prob. 12RQCh. 10 - Prob. 13RQCh. 10 - Prob. 14RQCh. 10 - Prob. 15RQCh. 10 - Prob. 16RQCh. 10 - Prob. 17RQCh. 10 - Prob. 18RQCh. 10 - Prob. 19RQCh. 10 - Prob. 20RQCh. 10 - Prob. 1DQCh. 10 - Explain the relationship between cardinality and...Ch. 10 - Prob. 3DQCh. 10 - Prob. 4DQCh. 10 - Prob. 5DQCh. 10 - Prob. 6DQCh. 10 - Distinguish between economic events and support...Ch. 10 - Prob. 8DQCh. 10 - Why are traditional accounting events, such as...Ch. 10 - Prob. 10DQCh. 10 - Prob. 11DQCh. 10 - Prob. 12DQCh. 10 - Prob. 1MCQCh. 10 - Which of the following is not a characteristic of...Ch. 10 - Prob. 3MCQCh. 10 - Which of the following associations would most...Ch. 10 - Prob. 5MCQCh. 10 - Prob. 6MCQCh. 10 - Prob. 7MCQCh. 10 - Prob. 8MCQCh. 10 - Prob. 9MCQCh. 10 - Prob. 10MCQCh. 10 - Prob. 1PCh. 10 - Bentley Restorations Company restores and sells...Ch. 10 - Prob. 3PCh. 10 - Prob. 4PCh. 10 - Prepare an REA model depicting the issuance of raw...Ch. 10 - Cryogenics Inc., is a leading developer, designer,...Ch. 10 - Prob. 7PCh. 10 - Prob. 8PCh. 10 - Prob. 9PCh. 10 - Prob. 10P
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- Use the flowchart to answer these questions:a. What accounting document is represented by symbol A?b. What is an appropriate name for the department labeled B?c. What would be an appropriate description for process C?d. What is the location represented by symbol D?e. What accounting record is represented by symbol E?f. What is an appropriate name for the department labeled H?g. What device is represented by symbol F?h. What device is represented by symbol G?i. What accounting record is represented by symbol G?arrow_forwardWhich of the following statements is the best definition of an accounting information system? A. A framework that uses computers to produces financial statements B. A framework that coordinates resources (components) needed to convert information into data in order to achieve objectives C. The management information system that generates various reports for management decisions D. A framework that coordinates resources (components) needed to convert data into information for decision makingarrow_forwardExplain in detail and also give example. Business Entity conceptarrow_forward
- Explain business entity concept in detail with example.arrow_forwardUse the flowchart for Problem 3 to answer these questions a. What accounting document is represented by the symbol A? b. What is an appropriate name for the department labeled B? c. What would be an appropriate description for process C? d. What is the location represented by the symbol D? e. What accounting record is represented by the symbol E? f. What is an appropriate name for the department labeled H? g. What process is represented by the symbol F? h. What accounting record is represented by the symbol G? i. What accounting record is represented by the symbol G?arrow_forwardIdentify each of the following terms/phrases as either an accounting (a) principle, (b) assumption, or (c) constraint : __________ Business entity. _________Going-concern.arrow_forward
- explain the reasons why accounting information analysts have different types of diagrams and other documentation to depict different views (e.g. process, logic, and data) of an information system?arrow_forwardExplain the model business coporation act.arrow_forwardInternal accounting information is used primarily for internal decision making by an enterprise’smanagement.a. What are the three primary purposes of internal accounting information?b. Which of these is the most general and which is the most specific?c. Give several examples of the kinds of decisions that internal accounting information supports.arrow_forward
- subject: accounting information system (a) Discuss REA modelling in accounting information systems. Clearly explain the manner in which a REA model can be depicted as a diagram.arrow_forwardexplain the differences among business processes, information systems and applications. State the components of each.arrow_forwardWhat is the business value of the Lexis-Nexis DSS?arrow_forward
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