What is a dynamic virtual organization?

Q: Distinguish between turnkey and backbone systems. Which is more flexible?

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Q: Explain CMO Mechanics?

A: Collateralized mortgage obligation: It is a financial instrument that raises funds by…

Q: Explain the Activity Hierarchies with example?

A: Activity hierarchy is a system that is used in the activity based account to keep track on the…

Q: Explain how an IT environment affects the segregation of functions.

A: Segregation of Duties (SoD) is a set of controls and policies intended to ensure accuracy and keep…

Q: Explain the transaction management system of delivery management system like pathao.

A: DMS (Delivery management software) is a digital logistics solution that is used for planning,…

Q: What is meant by cardinality in entity relationship diagrams?

A: An entity relationship diagram is a representation of all the resources that are associated with the…

Q: What are the differences between a centralized and decentralized network?

A: Social Network- The term "social network" refers to internet-based networking with friends, family,…

Q: What islockbox system?

A: Banks provide various services to the organizations such as lock box facility, overdraft facility,…

Q: Briefly explain the major components of AIS

A: SOLUTION- ACCOUNTING INFORMATION SYSTEM (AIS) IS A WAY OF TRACKING ALL ACCOUNTING AND BUSINESS…

Q: What is shared service agreement menas in a internal control system?

A: Internal Control System:-It is a set of rules and protocol which the company and management set for…

Q: Refer to Supply Chain systems. What is the oplonich invonton?

A: Supply Chain System: A supply chain is a system of organizations, people, activities, information,…

Q: What is the mechanism via which Naics operates?

A: It is about the mechanism via which Naics operates:

Q: What is system decomposition and subsystem interdependency? How are they related?

A: Decomposition in computer terminology refers to factoring which is the breaking down of a complex…

Q: Explain what internal and external linkages are.

A: Interior linkage alludes to everything just in extent of an interpretation unit. Outside linkage…

Q: What do you mean by electronic data interchange?

A: Accounting information systems: Accounting information systems collect data from different events…

Q: What is data mining?

A:

Q: What is activity based management? Why is it important? taking example

A: Activity based management:Activity based management is the process of applying activity-based costs…

Q: What is a semantic data model?

A:

Q: Explain CVP APPLICATIONS WITH EXAMPLE?

A: The CVP analysis is used to determine what will happen to the financial results when they are…

Q: What is the e-business model implemented by Slack? Explain

A: E-business: It is the conduct of business and its associated processes through the internet medium.…

Q: What are the key elements of GPK?

A: GPK stands for Grezplankostenrechnung   Flexible margin costing or GPK is a time-tested cost…

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: What is a proxy statement? What information does it provide?

A: Definition:   Proxy statement: Proxy statement is a statement required for seeking shareholders’…

Q: What is a data model?

A: Data model is presentation of data in a logical manner; so that, data can be read and processed by…

Q: What do the relational features restrict, project, and join mean?

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

Q: What is scalability?

A:

Q: What is information overload?

A: Report: The formal document used for providing information to the managers is called report. The…

Q: What is the client-server model?

A: Client Server model: A client-server model can be defined as the architecture of distributed…

Q: What is the organizational culture at SSS?

A: It is the responsibility of the state to establish and promote viable and correct tax system…

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: 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 a data warehouse?

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 task-data dependency?

A: The lack of ability of a user to get additional data when their requirements fluctuate is known as…

Q: Managed CDOs is designed for what?

A: Introduction: A collateralized debt obligation (CDO) is a portfolio of differing credit quality debt…

Q: What is a central repository in a CASE system?

A: Definition: Computer-aided software engineering (CASE) tool: Computer-aided software engineering is…

Q: Explain how Naics Works?

A: OMB created NAICS as a standard for Federal statistical agencies to use in identifying businesses…

Q: What is a just-in-time management system?

A: Cost management system:   The system or unit of the entity which is responsible for management of…

Q: Define SAP Supply Chain Execution?

A: SAP supply chain management is the software that helps to cover the supply chain processes. It…

Q: What is the closed database architecture?

A:

Q: Why is IT control and auditability so important in today's virtual environment?

A: Today's virtual environment has changed the aspects of traditional accounting and audit process…

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,…

Computerized Accounting System

The Computerized Accounting System is generally a system of maintaining accounts using computers. In this method of accounting system, the accounting transactions are processed through the use of hardware and software to generate the reports such as journals, ledgers, trial balance, trading account, P/L accounts, balance and other reports.