What is information overload?

Q: What does XML stand for?

A: Accounting Information System: AIS collects, records, stores and processes accounting and other data…

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: How does concurrency control contribute to financial data integrity?

A: Concurrency Control:   Concurrency control is a system in the database management system that helps…

Q: What is the purpose of Access Security Software?

A: Introduction: Access security is a procedure that is implemented into the information technology…

Q: What do you mean by Count Data? When it arises?

A: Count data:  Count data is a kind of statistical data, in which the observations might only consider…

Q: What is SCM software?

A: Supply Chain Management: SCM (Supply Chain Management) refers to the wide variety of activities…

Q: Explain how a data warehouse database is fundamentally different from a transaction processing…

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

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?

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Q: Distinguish between a database lockout and a deadlock.

A: Definition: Database: The database is a collection of the data that is stored and accessed in…

Q: What is a Data Definition Language?

A: Data definition language is known as DDL. DDL is a set of SQL commands that can be used to define…

Q: What is a value stream map?

A: Financial Accounting:   It refers to the process of recording the financial transactions of the…

Q: What is a semantic data model?

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

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Q: What rules govern data collection?

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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 makes information irrelevant to decision making?

A: Irrelevant information is a part of the information collected for decision-making from various…

Q: What kinds of information can be confirmed with a transfer agent?

A: The transfer agent is an entity that holds the information about the financial records of the…

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

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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: 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 the relationship between data, information and an information system?

A: The modern world is completely centered around information. Companies, big and small, generate a lot…

Q: What is skimming?

A: Skimming: It is the fraudulent process under which the employees of the company steal the cash from…

Q: What different accounting transaction process needs a data warehouse? Why?

A: Accounting Information system is a set of components used for gathering, making, storing, preparing,…

Q: What is the Current File?

A:

Q: What are internal controls?

A: Internal Control: Internal control refers to the plan of a company. Implementation of an effective…

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 are the advantages of real-time data processing?

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Q: What does data cleansing mean?

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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 does stewardship mean and what is its role in an information system?

A: Definition: Accounting information system: The system which helps to gather, store, and process 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 an accounting information system (AIS)?

A: Accounting Information System:It is a process which collects data, processes the same into…

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 difference between system software and application software?

A: System Software is the software type which is the interface between system & application…

Q: What is the closed database architecture?

A:

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 information is required in a proxy statement?

A: A proxy statement is a document containing the information the Securities and Exchange Commission…