Time Sheets Enter Data Payroll Data Employee Master File Edit Errors Cost Center Master File Enter Corrections Edited Transactions Employee Master File Update Cost Center Master File Edited Transactions Paychecks Report Program Reports

Q: Which of the following general data flows is shown on a computerized system flowchart? O…

A: Data flow is defined as the path for the data to move from one part of the information system to…

Q: Can these workings be done manually using formulas

A: Data given: State of Economy Probability T Bills Phillips Payup Rubbermade Market Index…

Q: Suppose we divide a flat table into subtables in a database system; what is the value of doing so

A: Thais question tells about what is the benefit of breaking up a large table into smaller ones in a…

Q: What are three or more exception routines when a customer order is processed?

A: Nowadays we use the computerized system to handle the overall operations of the business. It…

Q: Please explain with examples briefly benefits of accounting system for automated cost accounting?

A: Cost accounting: It is a form of managerial accounting which focuses on calculation of company's…

Q: Give one example of an error that a check digit control detects.

A:

Q: Explain how the SELECT and WHERE commands help a user to view the necessary data from multiple…

A:

Q: Write up a transaction analysis chart from the given transaction.

A: Transaction analysis is the summary chart of all the transactions occurred during the month. The…

Q: How should documents removed from workpapers be treated?

A: Workpaper is the most important part of the audit. It contains all the documentation regarding the…

Q: omputerised cost

A: The computerized accounting system is an accounting data system that processes financial…

Q: What is the objective of processing controls? List and briefly describe different processing…

A: The capacity to analyze and change a procedure to accomplish the desired result is referred to as…

Q: Describe the accounting for correction of errors.

A: The accounting for correction of errors will be explained:

Q: Could you please provide a snapshot of the output? It looks like the snapshot of the cell references…

A: Net Present Value: NPV of a project or an investment represents its profitability in absolute…

Q: In a postcondition loop, the statements in the loop are always executed at least once because the…

A: The question is based on the concept of financial analysis.

Q: Explain how come a replacement algorithm is needed for a four-way set-associative cache system.

A: Solution- The replacement algorithms that are used in the case of a set-associative cache system…

Q: If all of the inputs have been validated before processing, then what purpose do run-to-run controls…

A: The run to run controls is a control device to ensure that no records are lost, unprocessed or…

Q: Why are denormalized tables used in data ware-houses?

A: Data Warehouse:   Data warehouse is also termed as enterprise data warehouse. It can be defined as…

Q: Describe the accounting for correction of errors.

A: Accounting errors refer to the errors made while recording, classifying or summarizing accounting…

Q: How are run charts useful in process control?

A: A run chart is a graph of data that is plotted over time. For a particular process if you collect…

Q: The Data Table function requires three variables. O True O False

A: A data table cannot accommodate more than two variables as of now there are two types of variables…

Q: The fact that your organization underapplies or overapplies overhead is an indication of a problem…

A: The overhead cost applied to work in process (WIP) will often differ from the amount of overhead…

Q: Describe what is meant by posting, the fourth step in the processing cycle.

A: Accounting Cycle:Accounting cycle refers to the process of recording a business transaction in the…

Q: Explain how a Requirements Breakdown Structure (RBS) is typically constructed. What information does…

A: Necessities are conditions or assignments that should be tended to and finished to be acknowledged…

Q: How are system flowcharts and program flow charts related? (this is related to accounting…

A: System flowcharts refer to the concept of showcasing the whole route of data flows in a system and…

Q: What functions can be performed by an automated payroll system?

A: In finance automated payroll system is that system which uses payroll software for the purpose of…

Management Information Systems

While undertaking any business decisions, data is the most important aspect. An information system (IS) is a set of data, computing devices and management methods that support routine company operations. A management information system (MIS) is a specific subset of IS.