What are the five control implications of distributed data processing?

Q: What are the fundamental objectives of all information systems?

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Q: Which of the following general data flows is shown on a computerized system flowchart? O…

A: Data flow is defined as the path for the data to move from one part of the information system to…

Q: The distributed data processing approach carries some control implications of which accountants…

A: Distributed Data Processing is the processing of data between different interconnected computers…

Q: Give three examples of access control in a POS system.

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Q: What information would a batch control record contain?

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Q: What is the role of the data control group?

A: The question is based on the concept of control group in experiment.

Q: Data flow diagrams employ four different symbols. What are these symbols, and what does each symbol…

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Q: What are the five components of internal control? Briefly explain each component.

A: Auditing is a process of inspecting the financial accounts of a company in order to determine the…

Q: What are the primary objectives of a batch control?

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Q: Explain the purpose of each of the layers in the OSI protocol model.

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Q: What are POS Systems? Enumerate their advantages versus manual data collection systems.

A: Introduction: A point of sale (POS) system is used to monitor sales and receive consumer payments.…

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: What is the purpose of a responsibility center file?

A: Definition: Responsibility center file: The departments of the organization are generally referred…

Q: What are the five components of Internal Control?

A: Five components of internal control are: Control environment - It refers to top management attitude…

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: What are the three general problems associated with data redundancy?

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Q: Distinguish between the centralized and distributed approaches to organizing the IT function.

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Q: The controls in a computerized system are classified asa. input, processing, and output.b. input,…

A: Definition: Internal control: Internal control is a process which ensures continuous reliability of…

Q: Distinguish between entity relationship diagrams, data flow diagrams, and system flowcharts.

A: Transaction Process System:   Transaction process system can be defined as a system designed to…

Q: What are the levels of data hierarchy?

A: Accounting Information System:   This refers to a system that is adopted by an organization to…

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

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Q: What are the three authorization controls?

A: In accounting and auditing, the term internal control indicates to a set of measures intended to…

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 five components of internal control? Briefly explain each component?

A: The components of internal controls are explained below :

Q: What are the four primary elements of the database environment?

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

Q: What is a data flow diagram? What are the different levels from most general to most detailed? Draw…

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Q: What exposures do data consolidation in a CBIS environment pose?

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Q: What are the five internal control components described in the SAS 78/COSO framework?

A: Definition: Auditing: In auditing, auditors verify the correctness and fair presentation of…

Q: A documentation tool used to represent thelogical elements of a system is a(n)a. data flow…

A: The transactions that are happened in the company will be analyzed, and recorded in the first book…

Q: How are the summary views in a data warehouse different from views in an operational database?

A: Data Warehousing:   Data warehousing is a method through which an organization collect and manage…

Q: Mention two audit procedures relating to electronic data interchange controls

A: Audit: Audit is the process of verification of the compliance of the financial statements. It…

Q: List the three parts of a control system, and explain how such a system works.

A: Variance: Variance refers to the difference level in the actual cost incurred and standard cost. The…

Q: What are four ways in which database management systems provide a controlled environment to manage…

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Q: Is access control of greater concern in the flat-file or database file environment?

A: Access Control: Access control can be defined as a process which is incorporated into the IT…

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: Explain the relationship between the three levels of the data definition language. As a user, which…

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Q: Discuss the major control implications of batch systems with real-time data input. What compensating…

A: Audit: Audit is the process of verification of the compliance of the financial statements.

Q: What types of tasks become redundant in a distributed data processing system?

A: Distributed data system involves reorganization the central IT function into smaller IT units which…

Q: What are the five control objectives of an operating system?

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

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

Q: 1. Explain the audit control over data management!

A: Audit states examination of the business books or financial statements and it helps in detecting any…

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: What are the five components of an internal control system?

A: An internal control system is referred to as a set of rules, guidelines, and policies that are…

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.