Aoe 2 updating system settings
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Draw each of the major flowchart symbols from memory, placing them into one of four categories: input/output, processing, storage, and flow and miscellaneous. SUGGESTED ANSWERS TO THE PROBLEMS 3.1 Prepare flowcharting segments for each of the following operations: 3.2 a.
To what extent should accountants be involved in producing reports that include more than just financial measures of performance? SUGGESTED ANSWERS TO THE PROBLEMS 2.1 The chart of accounts must be tailored to an organization’s specific needs.Cell phone manufacturers in the United States and elsewhere are quickly catching up to their Japanese counterparts.1.8 Classify each of the following items as belonging in the revenue, expenditure, human resources/payroll, production, or financing cycle.Keep total account code length to a minimum, while still satisfying all of Mace’s desires.2.3 An audit trail enables a person to trace a source document to its ultimate effect on the financial statements or work back from amounts in the financial statements to source documents. 2.5 Match the following terms with their definitions 2.6 For each of the following scenarios identify which data processing method (batch or online, real-time) would be the most appropriate.Write a two-page report describing what you think the nature of the accounting function and the accounting information system in a large company will be like in the year 2030.
1.2 Adapted from the CMA Examination Download Here 1.3 The use of IT at USAA 1.4 Match the description in the right column with the information characteristic in the left column.2.2 With respect to the data processing cycle, explain the phrase “garbage in, garbage out.” How can you prevent this from happening?2.3 What kinds of documents are most likely to be turnaround documents?What does this imply about the degree to which an innovative system developed by one company can be transferred to another company?1.6 Figure 1-4 shows that developments in IT affect both an organization’s strategy and the design of its AIS.Discuss how the chart of accounts for the following organizations would differ from the one presented for S&S in Design a chart of accounts for SDC.