What is data inconsistency? occurs when a system produces correct and consistent data the practice of gathering data and ensuring that it is uniform, accurate, and consistent occurs when the same data element has different values refers to the overall management of the availability and usability of company data

What is data inconsistency? occurs when a system produces correct and consistent data the practice of gathering data and ensuring that it is uniform, accurate, and consistent occurs when the same data element has different values refers to the overall management of the availability and usability of company data

Accounting Information Systems

11th Edition

ISBN:9781337552127

Author:Ulric J. Gelinas, Richard B. Dull, Patrick Wheeler, Mary Callahan Hill

Publisher:Ulric J. Gelinas, Richard B. Dull, Patrick Wheeler, Mary Callahan Hill

Chapter7: Controlling Information Systems: Introduction To Enterprise Risk Management And Internal Control

Section: Chapter Questions

Problem 6DQ

See similar textbooks

Similar questions

Which of the following is false about accounting information systems? A. They provide reports that people analyze. B. They prevent errors and stop employees from stealing inventory. C. They are designed to gather data about the companys transactions. D. They consist of processes that involve input of data from source documents, processing, output, and storage.
Reliability means that data are reasonably complete and accurate. Accuracy refers to the extent that recorded data reflect the actual underlying information. In this regard which of the following is the suitable example of reliability of the data? O a. Information may be more reliable when it is obtained from dependent sources outside the entity O b. Information may be more reliable when it is obtained from independent sources outside the entity O c Information may be more reliable when it is obtained from the management of the entity O d. Information may be more reliable when it is obtained from engagement team members
19. Which of the following is the best way to compensate for inadequate segregation of duties? a. Direct involvement of owners in key functions. b. Maintaining sound recruiting schemes. c. Giving chronological numbers for all source documents. d. Preparing budgets and performance reports. 20. The view that refers to the location where data are physically stored is: a. The logical view of data. b. The physical view of data. c. Conceptual view of data. d. Internal view of data.
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 reports
How is the practice of data analytics used within management accounting? Provide an example.
Which of the following sets of application characteristics of an accounting application might influence the selection of data entry devices and media for a computerized accounting system?a. Timing of feedback needs relative to input, need for documentation of an activity, and the necessity for reliability and accuracy.b. Cost considerations, volume of input, complexity of activity, and liquidity of assets involved. c. Need for documentation, necessity for accuracy and reliability, volume of output, and cost considerations. d. Relevancy of data, volume of input, cost considerations, volume of output, and timing of feedback needs relative to input. e. Type of file used, reliability of manufacturer’s service, volume of output, and cost considerations.
How is the practice of data analytics used within management accounting?
1.Discuss the difference between internal and external users of information and their needs and demands on the information system. 2.Comment on the level of detail necessary for operations management, middle management and stakeholders. 3.Examine the General Model for AIS Table 1-4, discuss where and how problems will arise that can cause the resulting information to be bad or ineffective. 4.Why is it important to organizationally separate the accounting function from the other functions of the organization? 5.Contrast centralized data processing with distributed data processing. How do the roles of the different end users differs between the two approach
Discuss the importance of the role of data administrator. In the flat-fie environment, why is such a rolenot necessary? What tasks does the DBA perform?