Principles of Information Systems (MindTap Course List)
13th Edition
ISBN: 9781305971776
Author: Ralph Stair, George Reynolds
Publisher: Cengage Learning
expand_more
expand_more
format_list_bulleted
Concept explainers
Expert Solution & Answer
Chapter 1, Problem 3SAT
Program Description Answer
“Accuracy and completeness” are two feature characteristics that are critical for the data used in accounting for the management of company assets like inventory, cash and equipment.
Hence, the correct answer is “C”.
Expert Solution & Answer
Trending nowThis is a popular solution!
Students have asked these similar questions
What are the primary distinctions that exist between data used for decision-making and operational purposes?
Write an excellent analysis of:
a) data collection and use for adding added value to the organisation’s operations are all considered to a high level of excellence. The organisation’s particular context is taken into consideration in each and every aspect.
The purpose and objective of an auditor is to form opinions on whether the operations of an entity are effective and efficient and if financial statements are reliable and do not contain any material misstatements. Once an audit is accepted by an auditor they will need to gather evidence that is sufficient and reliable which will support any opinions that are made by the auditor. The audit process is a logical and systematic process which is planned and implemented in accordance to the audit standards.
There are two requirements which should be fulfilled prior to the acceptance of an engagementwhich is to establish if the pre-conditions of the audit exist and ensuring that there is a mutualunderstanding which is present between management, the auditor and individuals who are incharge of governance of the audit engagement. What are the two pre-conditions of an audit?
Chapter 1 Solutions
Principles of Information Systems (MindTap Course List)
Ch. 1.1 - Prob. 1RQCh. 1.1 - Prob. 2RQCh. 1.1 - Prob. 1CTQCh. 1.1 - Prob. 2CTQCh. 1.2 - Prob. 1RQCh. 1.2 - Prob. 1CTQCh. 1.2 - Prob. 2CTQCh. 1.3 - Prob. 1RQCh. 1.3 - Prob. 2RQCh. 1.3 - Prob. 1CTQ
Ch. 1.3 - Prob. 2CTQCh. 1.4 - Prob. 1RQCh. 1.4 - Would you expect to see more funds allocated to...Ch. 1.4 - Prob. 1CTQCh. 1.4 - Prob. 2CTQCh. 1.5 - Prob. 1RQCh. 1.5 - Prob. 2RQCh. 1.5 - Are there other alternative strategies for the...Ch. 1.5 - Prob. 2CTQCh. 1 - Prob. 1SATCh. 1 - Prob. 2SATCh. 1 - Prob. 3SATCh. 1 - Prob. 4SATCh. 1 - Prob. 5SATCh. 1 - Prob. 6SATCh. 1 - Which of the following is not a key organizational...Ch. 1 - Prob. 8SATCh. 1 - Prob. 9SATCh. 1 - Prob. 10SATCh. 1 - Prob. 11SATCh. 1 - Prob. 12SATCh. 1 - Prob. 13SATCh. 1 - Prob. 14SATCh. 1 - Prob. 15SATCh. 1 - The two fundamental strategies for system...Ch. 1 - Prob. 17SATCh. 1 - Prob. 18SATCh. 1 - Prob. 1RQCh. 1 - Prob. 2RQCh. 1 - Prob. 3RQCh. 1 - Prob. 4RQCh. 1 - Prob. 5RQCh. 1 - Prob. 6RQCh. 1 - Prob. 7RQCh. 1 - Define the term software. What are the two primary...Ch. 1 - Prob. 9RQCh. 1 - Prob. 10RQCh. 1 - Prob. 11RQCh. 1 - Prob. 12RQCh. 1 - Prob. 13RQCh. 1 - Prob. 14RQCh. 1 - Prob. 15RQCh. 1 - Prob. 16RQCh. 1 - Prob. 17RQCh. 1 - Prob. 18RQCh. 1 - Prob. 19RQCh. 1 - Prob. 20RQCh. 1 - Prob. 21RQCh. 1 - Prob. 22RQCh. 1 - Prob. 1DQCh. 1 - Prob. 2DQCh. 1 - Prob. 3DQCh. 1 - Prob. 4DQCh. 1 - Prob. 5DQCh. 1 - Prob. 6DQCh. 1 - Prob. 7DQCh. 1 - Prob. 8DQCh. 1 - Prob. 9DQCh. 1 - Prob. 10DQCh. 1 - Prob. 11DQCh. 1 - Prob. 12DQCh. 1 - Prob. 13DQCh. 1 - Prob. 14DQCh. 1 - Prob. 2PSECh. 1 - Prob. 3PSECh. 1 - Prob. 2TACh. 1 - Prob. 3TACh. 1 - Prob. 1WECh. 1 - Prob. 2WECh. 1 - Prob. 1CECh. 1 - Prob. 2CECh. 1 - Prob. 1CTQ1Ch. 1 - Prob. 2CTQ1Ch. 1 - Prob. 3CTQ1Ch. 1 - Prob. 1CTQ2Ch. 1 - Prob. 2CTQ2Ch. 1 - Prob. 3CTQ2
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, computer-science and related others by exploring similar questions and additional content below.Similar questions
- I need Activity Diagramarrow_forward1. Organizational path is a formal business plan that outlines key business issues. True or False? 2. The columns of the table hold attributes of the data, and each record usually has a value for each attribute, making it easy to establish the relationships among the data points is known as the Relational database. True or False? 3. Planning phase develops project plan including task, resource and time frame. True or False?arrow_forwardThe purpose and objective of an auditor is to form opinions on whether the operations of an entity are effective and efficient and if financial statements are reliable and do not contain any material misstatements. Once an audit is accepted by an auditor they will need to gather evidence that is sufficient and reliable which will support any opinions that are made by the auditor. The audit process is a logical and systematic process which is planned and implemented in accordance to the audit standards. Prior to the audit conducting an audit there are stages which need to be followed. What are these stages?arrow_forward
- Question 1: Create an ER Diagram based on the following description. UPS prides itself on having up-to-date information on the processing and current location of each shipped item. To do this, UPS relies on a company-wide information system. Shipped items are the heart of the UPS product tracking information system. Shipped items can be characterized by item number (unique), weight, dimensions, insurance amount, destination, and final delivery date. Shipped items are received into the UPS system at a single retail center. Retail centers are characterized by their type, uniqueID, and address. Shipped items make their way to their destination via one or more standard UPS transportation events (i.e., flights, truck deliveries). These transportation events are characterized by a unique scheduleNumber, a type (e.g, flight, truck), and a deliveryRoute. ) Please create an Entity Relationship diagram that captures this information about the UPS system. Be certain to indicate identifiers and…arrow_forwardWho has ultimate authority over when and how data will be used and handled in an organization? Who is responsible for ensuring sure these choices are really made?arrow_forwardConduct in-depth analysis of the qualities of vast amounts of data, and identify the many different potential configurations that this data might take.arrow_forward
- Consider the following information for a company which wishes to keep track of certain information about itssales staff and its products and how the products are selling. Specifically, the company has determined that it isinterested in the following attributes.Employee ID Product NumberEmployee Name Product NameBase Salary Unit PriceCommission Percentage Quantity (of product sole)Department Number Office NumberDepartment Name Office SizeManager ID Office WindowManager Name After discussion with the company, it was determined that the following functional dependencies hold for theproposed database.Employee ID -> Employee NameEmployee ID -> Base SalaryEmployee ID -> Commission…arrow_forwardHow can data lineage be used to trace the origin and transformation of data for compliance and auditing purposes?arrow_forwardDiscuss with the aid of the diagram shown in figure 1 below, how MIS uses data supplied by TPS and provide reports and summary to managers.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Principles of Information Systems (MindTap Course...Computer ScienceISBN:9781305971776Author:Ralph Stair, George ReynoldsPublisher:Cengage LearningFundamentals of Information SystemsComputer ScienceISBN:9781337097536Author:Ralph Stair, George ReynoldsPublisher:Cengage LearningFundamentals of Information SystemsComputer ScienceISBN:9781305082168Author:Ralph Stair, George ReynoldsPublisher:Cengage Learning
- Management Of Information SecurityComputer ScienceISBN:9781337405713Author:WHITMAN, Michael.Publisher:Cengage Learning,Principles of Information Systems (MindTap Course...Computer ScienceISBN:9781285867168Author:Ralph Stair, George ReynoldsPublisher:Cengage Learning
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781305971776
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Fundamentals of Information Systems
Computer Science
ISBN:9781337097536
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Fundamentals of Information Systems
Computer Science
ISBN:9781305082168
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Management Of Information Security
Computer Science
ISBN:9781337405713
Author:WHITMAN, Michael.
Publisher:Cengage Learning,
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781285867168
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning