In most large organizations, the journal Võucher me replaced the formal general journal.

Q: Why the companies use special journals? List them.

A: In the bookkeeping system of accounting, the transactions are recorded in two types of books :…

Q: Who should sit on the systems steering committee? What are their typical responsibilities?

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

Q: Define sales journal.

A: Journal entry: Journal entry is a set of economic events which can be measured in monetary terms.…

Q: Explain the difference between culture and organization. Mention and discuss some features of the…

A: Organizational culture:   It refers to the values shared by te member within an organization that…

Q: ltants within the modern IS department? Discuss the characteristics of centralized, dec

A: 1. Since the early days of management consulting, firms have sought to differentiate themselves by…

Q: qution? yes or No (    )The interaction between information technology and organization is complex…

A: The interaction between information technology and organization is complex and influenced by many…

Q: Define special journals and explain their usefulness.

A: General Journal   It is a chronological record of the transactions, showing an explanation of each…

Q: Wha is the general journal

A: General Journal is a financial book in which all the business transactions are recorded in…

Q: Answer the following : What is Special Journals? In your own words describe and explain clearly and…

A: Special journal is the journal which helps to record the financial transactions, In this each…

Q: When Publishing, Inc. decided to change its management structure, it developed a visual display of…

A: Management structure is a tabular hierarchy that shows the different positions of the employees in…

Q: how to communicate information and monitor control processes in organizations.

A: Information is required for the entity to carry out internal control obligations in order to…

Q: What is shared service agreement menas in a internal control system?

A: Internal Control System:-It is a set of rules and protocol which the company and management set for…

Q: Explain the similarities and the differences between the lockbox system and regional collection…

A: Both the lockbox system and the regional collection offices have some similarities and some…

Q: The most common type of database model is the __________ database. Multiple Choice hierarchical star…

A: relational database - the relational database organizes data into tables that can be linked or…

Q: Describe the mission of the FASB.

A: Financial Accounting Standards Board (FASB): FASB is an independent 7 member board, of accounting…

Q: Why should accountability for similar transactions be spread across many departments or individuals?

A: This question deals with accountability for similar transactions be spread across many departments…

Q: How is an organization chart valuable to an organization?   Why is departmentalization important?

A: Organizational chart: Organizational chart is a graphical representation of the structure of the…

Q: All of the following functions are normally found within an organization's sales/collection except:…

A: An entity involved in sale of merchandise has to keep a track of multiple functions such as receipt…

Q: Justapose the relevance of a general journal

A: Justapose the relevance of a general journal?

Q: In a(n) a lot of authority, responsibility, and decision making are delegated down the chain of…

A: Delegation of command means transfer of authority or power or control or reponsibility.

Q: What is a management comments letter and what is the significance of this letter

A: A management letter is a letter which is prepared by an auditor that discusses the findings and…

Q: Please differentiate between centralized and decentralized operations.

A:

Q: What are responsibilities centre means. Discuss its types of responsibilities centre that very…

A: In accounting we often come across the term “responsibility centers”. Essentially a responsibility…

Q: SLO-4.2. A necessary element of internal control is ODatabase OSystems design. OSystems analysis.…

A: Internal control is a set of procedures followed to achieve efficiency and effectiveness in the…

Q: Which of the following is a functionality difference in the International-Standard workflow?…

A: Increased use of drop-downs and checkboxesExplanation:There are several functional distinctions…

Q: Discusses the activities and content-oriented issues involved in entering into and contracting for…

A: The activities involved in entering into and contracting for an OD initiative are -

Q: The organizational authority within an organization. * refers to the different layers of management…

A:

Q: Name the two types of journals.

A:

Q: Explain the major dimensions for developing an international information systems architecture and…

A: Every company needs records of its actions in order to identify the source of problems and implement…

Q: Describe the process of special journal.

A: Definition: Special journal: Special journal refers to the journal that is used to record a single…

Q: The Progressive Company is considering taking customers' orders on its Web site. a. What information…

A: Enterprise resource planning (ERP) system: It is the combined management of different activities…

Q: Make a list and indicate the titles and descriptions of the current IASs and IFRSs .

A: List of International Financial Reporting Standards (IFRS) IAS 1 Presentation of Financial…