Bundle: Accounting Information Systems, Loose-Leaf Version, 11th + MindTap Accounting, 1 term (6 months) Printed Access Card
11th Edition
ISBN: 9781337587297
Author: Ulric J. Gelinas, Richard B. Dull, Patrick Wheeler, Mary Callahan Hill
Publisher: Cengage Learning
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Textbook Question
Chapter 2, Problem 5DQ
Consider a business process that you have experienced at work, as a customer, or as a student. Examples might include any process in a work setting, such as payroll and purchasing, or any process with which you have interacted, such as ordering from a Web site, obtaining a loan, eating at a restaurant, or registering for classes at your college or university. Describe the degree to which the steps in the process are integrated. What is or was the impact of that integration on you and on the organization?
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Understanding components of a computerized accounting information system
Ned Timmons, engineer, is considering using a computerized accounting system for his professional engineering business. Ned has asked that you help him understand the components of a computerized accounting information system by answering the following questions:
Requirements
1. What are the two basic components of a computerized accounting information system?
2. Provide examples of each component.
3. If Ned were interested in an entry-level software system, what software might you recommend?
THEORY PROBLEM
Explain why accounting students should study Accounting Information Systems?
Explain the Value Chain and also explain how Information Technology plays an important role in the Value Chain.
Briefly describe the types of users of the SIA and what are the benefits of the output of the AIS for their work or profession?
One of the characteristics of useful information is that it must be timelines and complete. Which is more important, timely but incomplete information, or complete information, but too late? Give an example!
Briefly describe the purpose of internal control and provide an example of an internal control application for that purpose!
Consider the use of Integrated Accounting, as a computerized accounting system. Write a discussion post in which you respond to the following prompts:
Under what circumstances would it be in a business’s best interest to invest in and use a computerized accounting system? Are there circumstances in which it would make sense to use a manual system? Explain your answer.
Chapter 2 Solutions
Bundle: Accounting Information Systems, Loose-Leaf Version, 11th + MindTap Accounting, 1 term (6 months) Printed Access Card
Ch. 2 - Prob. 1RQCh. 2 - Describe the key features/characteristics of an...Ch. 2 - Prob. 3RQCh. 2 - Describe the methods used to integrate ERP systems...Ch. 2 - Prob. 5RQCh. 2 - What is the relationship of the organizational...Ch. 2 - Prob. 7RQCh. 2 - Prob. 8RQCh. 2 - Prob. 9RQCh. 2 - Prob. 10RQ
Ch. 2 - Describe the six steps in the order-to-cash...Ch. 2 - Prob. 12RQCh. 2 - Prob. 13RQCh. 2 - How does an enterprise system support the...Ch. 2 - List the advantages and disadvantages of an...Ch. 2 - Prob. 1DQCh. 2 - The Tigris Company is considering taking customers...Ch. 2 - Periodically, you will read in the news about one...Ch. 2 - Describe how an enterprise system can assist an...Ch. 2 - Consider a business process that you have...Ch. 2 - Describe a situation in which information would be...Ch. 2 - Prob. 7DQCh. 2 - Prob. 8DQCh. 2 - Describe the primary and supporting activities...Ch. 2 - Prob. 1SPCh. 2 - Prob. 2SPCh. 2 - Prob. 3SPCh. 2 - Prob. 4SPCh. 2 - Conduct research on the Web sites of either CIO...Ch. 2 - Prob. 2PCh. 2 - Conduct research on an ERP package, such as...Ch. 2 - Prob. 4PCh. 2 - Prob. 5PCh. 2 - Prob. 6PCh. 2 - Choose (or you instructor may designate) an ERP...
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- Identify a place where accountants are mostly employed. As new hired employee you need to know about the cultural modes of the place. a. Give three cultural communication modes.arrow_forwardThey are going to start a manufacturing company and need help deciding what entity type to choose to conduct business. Discuss the pros and cons of each business entity type and make a recommendation to client.arrow_forwardAccounting educators are discussing ways to incorporate communication skills, both oral and written,into accounting information systems courses. Why do you think these skills are supposed to be crucial forproper execution of the System Development Life Cycle?arrow_forward
- What benefits do we get from learning a Managerial Accounting course?arrow_forwardControl Objectives for Information and Related Technology, Why is it important to you in your career in accounting?arrow_forwardDetermine whether the following items are objectives in the following areas: Financial, Internal Process, Customer, or Learning and GrowthNumber of counters that customers need to go to complete their transactions *a. Financialb. Customerc. Internal Processd. Learning and growtharrow_forward
- More and more businesses are adopting the use of Customer Relationship Management (CRM) software’s within the Accounting information Systems. Required; i) Explain two benefits that a business enjoys by using Customer Relationship Management (CRM) software’s.arrow_forwardAccounting information systems by Gelinas: As an accountant, why do you need to know how to talk to systems designers and developers? What topics must you able to understand and discuss with them?arrow_forwardThe benefits we get from learning Managerial accounting explain?arrow_forward
- How does customer Satisfaction relate to management accounting? Give a practical example.arrow_forwardDiscuss development needs and skills required for managerial accounting job and future goals?arrow_forwardDraft a recommendation directed to the CEO explaining the findings, recommendations, and benefits of installing an accounting information system. Make sure you are specific in your recommendations.arrow_forward
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