Concept explainers
a)
To design: A coding scheme that will facilitate the aggregation of data as the data “filter” upward.
Introduction:
General ledger/business reporting process (GL/BR):
General ledger can be defined as the central data repository needed to develop the business reports. The business reports and other forms of information generation are all derived from the general ledger data repository. The GL/BR process is considered as a central activity of the
b)
To explain: The working of a coding scheme.
Introduction:
General ledger/business reporting process (GL/BR):
General ledger can be defined as the central data repository needed to develop the business reports. The business reports and other forms of information generation are all derived from the general ledger data repository. The GL/BR process is considered as a central activity of the accounting information systems.
c)
To explain: The handling of the coding scheme in a centralized database environment.
Introduction:
General ledger/business reporting process (GL/BR):
General ledger can be defined as the central data repository needed to develop the business reports. The business reports and other forms of information generation are all derived from the general ledger data repository. The GL/BR process is considered as a central activity of the accounting information systems.
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Pkg Acc Infor Systems MS VISIO CD
- Which of the following is an example of an input control?a. making sure that output is distributed to the proper peopleb. monitoring the work of programmersc. collecting accurate statistics of historical transactions while gathering datad. recalculating an amount to ensure its accuracye. having another person review the design of a business formarrow_forwardUse 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?arrow_forwardWhich of the following objectives would be associated with the process perspective? a. Increasing information system capabilities b. Increasing service quality c. Decreasing unit product cost d. Increasing customer satisfactionarrow_forward
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- Explain the Role of Perfomance Management Techniques in improving Organizational Performance.arrow_forwardThe distributed data processing approach carries some control implications of which accountants should be aware. Discuss two.arrow_forwardWhich of the following best defines the management accountants initial data analybis ole in facilatig the transformation of data into information that can help add value to an organization? O Obtaining and exploring relevant data for decision making O Deciding which questions to ask and what data to gather. O Developing a data exploratory analysis O Preparing data for analysis. Ne Not savedarrow_forward
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