a)
To match: The given description with the flowcharting segments.
Introduction:
a)
Explanation of Solution
Given description:
Two documents will be sent to an external entity
Appropriate flowcharting segment for given description:
b)
To match: The given description with the flowcharting segments.
Introduction:
Accounting Information System (AIS) is said to be the specialized subsystem of the Information System (IS). AIS can be used in the business events for the purpose of collecting, processing, and reporting the financial information.
b)
Explanation of Solution
Given description:
Source document’s data will be keyed to an offline disk.
Appropriate flowcharting segment for given description:
None of the given flowcharting segment is matching with the given description.
c)
To match: The given description with the flowcharting segments.
Introduction:
Accounting Information System (AIS) is said to be the specialized subsystem of the Information System (IS). AIS can be used in the business events for the purpose of collecting, processing, and reporting the financial information.
c)
Explanation of Solution
Given description:
The data entry clerk will investigate the exception and the programmed edits will be performed. Finally, the data on the disk will be updated.
Appropriate flowcharting segment for given description:
d)
To match: The given description with the flowcharting segments.
Introduction:
Accounting Information System (AIS) is said to be the specialized subsystem of the Information System (IS). AIS can be used in the business events for the purpose of collecting, processing, and reporting the financial information.
d)
Explanation of Solution
Given description:
Two magnetic disk’s inputs will be merged.
Appropriate flowcharting segment for given description:
None of the given flowcharting segment is matching with the given description.
e)
To match: The given description with the flowcharting segments.
Introduction:
Accounting Information System (AIS) is said to be the specialized subsystem of the Information System (IS). AIS can be used in the business events for the purpose of collecting, processing, and reporting the financial information.
e)
Explanation of Solution
Given description:
The system will prepare the report which will be sent to an external entity.
Appropriate flowcharting segment for given description:
f)
To match: The given description with the flowcharting segments.
Introduction:
Accounting Information System (AIS) is said to be the specialized subsystem of the Information System (IS). AIS can be used in the business events for the purpose of collecting, processing, and reporting the financial information.
f)
Explanation of Solution
Given description:
At the display location, the output will be handed over to the display device.
Appropriate flowcharting segment for given description:
g)
To match: The given description with the flowcharting segments.
Introduction:
Accounting Information System (AIS) is said to be the specialized subsystem of the Information System (IS). AIS can be used in the business events for the purpose of collecting, processing, and reporting the financial information.
g)
Explanation of Solution
Given description:
Once the documents are recorded, the summary report will be produced by comparing the total reflected on an error and the batch total of input documents.
Appropriate flowcharting segment for given description:
h
To match: The given description with the flowcharting segments.
Introduction:
Accounting Information System (AIS) is said to be the specialized subsystem of the Information System (IS). AIS can be used in the business events for the purpose of collecting, processing, and reporting the financial information.
h
Explanation of Solution
Given description:
Remote location will key the data.
Appropriate flowcharting segment for given description:
i)
To match: The given description with the flowcharting segments.
Introduction:
Accounting Information System (AIS) is said to be the specialized subsystem of the Information System (IS). AIS can be used in the business events for the purpose of collecting, processing, and reporting the financial information.
i)
Explanation of Solution
Given description:
During the offline operation, the data on the magnetic tape will be printed.
Appropriate flowcharting segment for given description:
None of the given flowcharting segment is matching with the given description.
j)
To match: The given description with the flowcharting segments.
Introduction:
Accounting Information System (AIS) is said to be the specialized subsystem of the Information System (IS). AIS can be used in the business events for the purpose of collecting, processing, and reporting the financial information.
j)
Explanation of Solution
Given description:
The disk where the data are stored will be sorted and the data will be placed on another disk.
Appropriate flowcharting segment for given description:
k)
To match: The given description with the flowcharting segments.
Introduction:
Accounting Information System (AIS) is said to be the specialized subsystem of the Information System (IS). AIS can be used in the business events for the purpose of collecting, processing, and reporting the financial information.
k)
Explanation of Solution
Given description:
Contents of a disk are used to print the report.
Appropriate flowcharting segment for given description:
l)
To match: The given description with the flowcharting segments.
Introduction:
Accounting Information System (AIS) is said to be the specialized subsystem of the Information System (IS). AIS can be used in the business events for the purpose of collecting, processing, and reporting the financial information.
l)
Explanation of Solution
Given description:
Documents will be posted to a paper ledger manually.
Appropriate flowcharting segment for given description:
m)
To match: The given description with the flowcharting segments.
Introduction:
Accounting Information System (AIS) is said to be the specialized subsystem of the Information System (IS). AIS can be used in the business events for the purpose of collecting, processing, and reporting the financial information.
m)
Explanation of Solution
Given description:
Magnetic tape input will be kept on the disk, which is used to update master data.
Appropriate flowcharting segment for given description:
None of the given flowcharting segment is matching with the given description.
n)
To match: The given description with the flowcharting segments.
Introduction:
Accounting Information System (AIS) is said to be the specialized subsystem of the Information System (IS). AIS can be used in the business events for the purpose of collecting, processing, and reporting the financial information.
n)
Explanation of Solution
Given description:
The output document that was printed will be filed.
Appropriate flowcharting segment for given description:
Want to see more full solutions like this?
Chapter 4 Solutions
Pkg Acc Infor Systems MS VISIO CD
- General Financearrow_forwardAs CFO for Everything.Com, you are shopping for 6,000 square feet of usable office space for 25 of your employees in Center City, USA. A leasing broker shows you space in Apex Atrium, a 10-story multitenanted office building. This building contains 360,000 square feet of gross building area. A total of 54,000 square feet is interior space and is nonrentable. The nonrentable space consists of areas contained in the basement, elevator core, and other mechanical and structural components. An additional 36,000 square feet of common area is the lobby area usable by all tenants. The 6,000 square feet of usable area that you are looking for is on the seventh floor, which contains 33,600 square feet of rentable area, and is leased by other tenants who occupy a combined total of 24,000 square feet of usable space. The leasing broker indicated that base rents will be $30 per square foot of rentable area Required: a. Calculate total rentable area in the building as though it would be rented to…arrow_forwardDon't used Ai solutionarrow_forward
- General Finance Questionarrow_forwardConsider the following simplified financial statements for the Yoo Corporation (assuming no income taxes): Income Statement Balance Sheet Sales Costs $ 40,000 Assets 34,160 $26,000 Debt Equity $ 7,000 19,000 Net income $ 5,840 Total $26,000 Total $26,000 The company has predicted a sales increase of 20 percent. Assume Yoo pays out half of net income in the form of a cash dividend. Costs and assets vary with sales, but debt and equity do not. Prepare the pro forma statements. (Input all amounts as positive values. Do not round intermediate calculations and round your answers to the nearest whole dollar amount.) Pro forma income statement Sales Costs $ 48000 40992 Assets $ 31200 Pro forma balance sheet Debt 7000 Equity 19000 Net income $ 7008 Total $ 31200 Total 30304 What is the external financing needed? (Do not round intermediate calculations. Negative amount should be indicated by a minus sign.) External financing needed $ 896arrow_forwardAn insurance company has liabilities of £7 million due in 10 years' time and £9 million due in 17 years' time. The assets of the company consist of two zero-coupon bonds, one paying £X million in 7 years' time and the other paying £Y million in 20 years' time. The current interest rate is 6% per annum effective. Find the nominal value of X (i.e. the amount, IN MILLIONS, that bond X pays in 7 year's time) such that the first two conditions for Redington's theory of immunisation are satisfied. Express your answer to THREE DECIMAL PLACES.arrow_forward
- An individual is investing in a market where spot rates and forward rates apply. In this market, if at time t=0 he agrees to invest £5.3 for two years, he will receive £7.4 at time t=2 years. Alternatively, if at time t=0 he agrees to invest £5.3 at time t=1 for either one year or two years, he will receive £7.5 or £7.3 at times t=2 and t=3, respectively. Calculate the price per £5,000 nominal that the individual should pay for a fixed-interest bond bearing annual interest of 6.6% and is redeemable after 3 years at 110%. State your answer at 2 decimal places.arrow_forwardThe one-year forward rates of interest, f+, are given by: . fo = 5.06%, f₁ = 6.38%, and f2 = 5.73%. Calculate, to 4 decimal places (in percentages), the three-year par yield.arrow_forward1. Give one new distribution channels for Virtual Assistance (freelance business) that is not commonly used. - show a chart/diagram to illustrate the flow of the distribution channels. - explain the rationale behind it. (e.g., increased market reach, improved customer experience, cost-efficiency). - connect the given distribution channel to the marketing mix: (How does it align with the overall marketing strategy? Consider product, price, promotion, and place.). - define the target audience: (Age, gender, location, interests, etc.). - lastly, identify potential participants: (Wholesalers, retailers, online platforms, etc.)arrow_forward
Auditing: A Risk Based-Approach to Conducting a Q...AccountingISBN:9781305080577Author:Karla M Johnstone, Audrey A. Gramling, Larry E. RittenbergPublisher:South-Western College Pub
Accounting Information SystemsAccountingISBN:9781337619202Author:Hall, James A.Publisher:Cengage Learning,
Cornerstones of Cost Management (Cornerstones Ser...AccountingISBN:9781305970663Author:Don R. Hansen, Maryanne M. MowenPublisher:Cengage Learning
Pkg Acc Infor Systems MS VISIO CDFinanceISBN:9781133935940Author:Ulric J. GelinasPublisher:CENGAGE L