What is skimming?

Q: What's the related cost of implementing database system?

A: This question explains about  the related cost of implementing database system.

Q: What is a flat-file system?

A: A flat file system is a system that stores all the data in a single directory.

Q: What is the objective of a transaction log?

A: Auditing is a gathering of information and evaluation of evidence as to report on the degree of…

Q: What is keystroke monitoring?

A:

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

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

Q: What is a NIC?

A: NIC:  NIC stands for network interface card. NIC is an electronic device that provides circuit to…

Q: What is FIFO?

A: FIFO is a type of inventory management system where stock purchased earlier will be sold first and…

Q: What are the key features of POS system

A: POS System: It helps in integration of sales monitoring, analytics and reporting, data management of…

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: How much of FTB?

A: Answer:

Q: ness document is it?

A: voucher is a backup documents which shows business transactions.

Q: What rules govern data collection?

A:

Q: What is an access control list?

A: Access Control List  The list which restricts the access of the objects attached in an information…

Q: What is PNL?

A: The term PNL is used in accounting, finance, and business to refer profit and loss.

Q: What is scalability?

A:

Q: What is hedging?

A: SOLUTION:- Hedging  refers to shielding of  investments. A hedge is an investment method which aims…

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 EBIT?

A: The income generated by a business in the course of normal operations, after deducting the direct…

Q: What is a data dictionary, and what purpose does it serve?

A: Return on investment (ROI):   Return on investment evaluates how efficiently the assets are used in…

Q: What is Rs?

A: Rs. is basically the symbolism for Indian Rupees.

Q: What is internal control?

A: Internal controls are policies incorporated by the Management to safeguard the assets of the…

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 is changed data capture?

A: Definition: Database: A database can be defined as the collection of data in an organized manner…

Q: What is a control account?

A: Control account: It is a particular account that is recorded in the general ledger in a summarized…

Q: What is the confirmation process?

A: Confirmation Process: Confirmation process refers to the process for the authentication of the…

Q: What is the role of a Database Administrator?

A: Database:  A database can be defined as a collection of structured data which is stored in digital…

Q: What is a data dictionary?

A: Dictionary is the storage of words of a language where the equivalent meanings of the words can be…

Q: What is the NAV?

A: NAV full form is net asset value The detailed explanation is explained in step 2

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 is the purpose of Transaction Tagging?

A: Tagging and tracking transaction: In tagging and tracking transaction technique, the auditor puts a…

Q: What is an XBRL tag?

A: The internal database of the organization is mapped by the computer programs to issue tag to each…

Q: what is posting system in detail ?

A: Accounting is a tool of recording, summarising and analysing the financial transactions and events…

Q: Define transaction

A: A transaction is an instance of buying or selling something.

Q: What assertions are tests for transaction classes?

A: Management assertions are the claims made by the management about the items in the financial…