How does dimensional complexity affect account structures? (a) Simple structures work universally (b) Complexity adds confusion only (c) Multiple business aspects require layered chart organization (d) Standard charts fit everyone
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How does dimensional complexity affect account structures?
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- Why are there so many different accounting information system software packages?Concerning eXtensible Business Reporting Language (XBRL), which of the following statements is not true? A. XBRL reduces the need for information to be manually reentered into analysis tools B. XBRL creates unique tags for each data item C. XBRL is used for internal (managerial) reporting D. XBRL reduces the need to produce multiple reportsWhat is task data dependency? (this is related to Accounting Information Systems)
- Which of the following is true of structured data? Select answer from the options below Structured data is easily stored in tables. Structured data doesn't fit into a traditional table. Structured data is stored using more storage space. Structured data is difficult to manage.Provide an example of how paper-based accounting information systems are different from computerized systems.Use the flowchart to answer these questions:a. What accounting document is represented by symbol A?b. What is an appropriate name for the department labeled B?c. What would be an appropriate description for process C?d. What is the location represented by symbol D?e. What accounting record is represented by symbol E?f. What is an appropriate name for the department labeled H?g. What device is represented by symbol F?h. What device is represented by symbol G?i. What accounting record is represented by symbol G?
- Which of the following statements is not correct? a.The database approach uses one common database to promote the concept of single user view. b.Database systems resolve task data dependency. c.The flat-file model encourages data redundancy. d.A primary goal of databasesystems is to minimize data redundancy. e.Database systems provide increased accessibility to data and data integration.Use the flowchart for Problem 3 to answer these questions a. What accounting document is represented by the symbol A? b. What is an appropriate name for the department labeled B? c. What would be an appropriate description for process C? d. What is the location represented by the symbol D? e. What accounting record is represented by the symbol E? f. What is an appropriate name for the department labeled H? g. What process is represented by the symbol F? h. What accounting record is represented by the symbol G? i. What accounting record is represented by the symbol G?Match each of the numbered descriptions with the principle, component, or descriptor that it best reflects. Indicate your answer by entering the letter A through J in the blank provided. A. Control principle B. Relevance principle C. Compatibility principle D. Flexibility principle E. Cost-benefit principle F. Source documents G. Input devices H. Information processors I. Information storage J. Output devices 1. Capture information from source documents and transfer to information processing. 2. Keeps data accessible to information processors. 3. Systems that summarize information for use. 4. Means to take information out of an accounting system and make it available to users. 5. Provide the information processed by the accounting system. 6. Prescribes that benefits from an activity in a system outweigh the costs. 7. Prescribes that a system be adaptable to changes in the company, environment, and user needs. 8. Prescribes that a system conform with a company’s activities, personnel,…