close solutoin list

Match the concept in List 1 with the definition or description in List 2. There is only one correct or best answer for each match. Therefore, you should have three letters left over from List 1. List 1—Terms A. Input accuracy B. Input validity C. Pervasive control plan D. Preventive control E. Process effectiveness goal F. Control environment G. Data maintenance update (of master data) H. Information processing update (of master data) List 2—Definitions _____ 1. The process of modifying the master data to reflect the results of new events. _____ 2. A control designed to keep problems from occurring. _____ 3. A control goal of the information process that is directed at ensuring that fictitious or bogus events are not recorded. _____ 4. A goal of an operations process that signifies the very reason for which that process exists; i.e., getting the job done. _____ 5. The highest level in the control hierarchy ; a control category that is evidence of management’s commitment to the importance of control in the organization.

BuyFind

Accounting Information Systems

11th Edition
Ulric J. Gelinas + 3 others
Publisher: Cengage Learning
ISBN: 9781337552127
BuyFind

Accounting Information Systems

11th Edition
Ulric J. Gelinas + 3 others
Publisher: Cengage Learning
ISBN: 9781337552127

Solutions

Chapter
Section
Chapter 7, Problem 2SP
Textbook Problem

Match the concept in List 1 with the definition or description in List 2. There is only one correct or best answer for each match. Therefore, you should have three letters left over from List 1.

List 1—Terms

  1. A. Input accuracy
  2. B. Input validity
  3. C. Pervasive control plan
  4. D. Preventive control
  5. E. Process effectiveness goal
  6. F. Control environment
  7. G. Data maintenance update (of master data)
  8. H. Information processing update (of master data)

List 2—Definitions

     _____ 1. The process of modifying the master data to reflect the results of new events.

     _____ 2. A control designed to keep problems from occurring.

     _____ 3. A control goal of the information process that is directed at ensuring that fictitious or bogus events are not recorded.

     _____ 4. A goal of an operations process that signifies the very reason for which that process exists; i.e., getting the job done.

     _____ 5. The highest level in the control hierarchy; a control category that is evidence of management’s commitment to the importance of control in the organization.

Expert Solution

Want to see this answer and more?

Experts are waiting 24/7 to provide step-by-step solutions in as fast as 30 minutes!*

See Solution

*Response times vary by subject and question complexity. Median response time is 34 minutes and may be longer for new subjects.

Chapter 7 Solutions

Accounting Information Systems
Show all chapter solutions

Additional Business Textbook Solutions

Find more solutions based on key concepts
Show solutions
Identify the characteristics of useful information.

Cornerstones of Financial Accounting

Differentiate between dealer markets and stock markets that have a physical location.

Fundamentals Of Financial Management, Concise Edition (mindtap Course List)

FUTURE VALUE: ANNUITY VERSUS ANNUITY DUE What's the future value of a 7%. 5-year ordinary annuity that pays 300...

Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)