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
Bundle: Accounting Information Systems, Loose-Leaf Version, 11th + MindTap Accounting, 1 term (6 months) Printed Access Card
- 9. What is a "bear market"? A) A market where prices are risingB) A market with high interest ratesC) A market where prices are fallingD) A market with stable, low pricesarrow_forwardDont use ai ! What does "ROI" stand for in financial analysis? A) Return on InvestmentB) Rate of InterestC) Return on InventoryD) Rate of Inflationarrow_forwardAnswer this question: What does "ROI" stand for in financial analysis? A) Return on InvestmentB) Rate of InterestC) Return on InventoryD) Rate of Inflationarrow_forward
- Which of the following is NOT a characteristic of common stock? A) Voting rightsB) Dividends paid to shareholdersC) Fixed incomeD) Potential for capital appreciationarrow_forwardWhat does "ROI" stand for in financial analysis? A) Return on InvestmentB) Rate of InterestC) Return on InventoryD) Rate of Inflationarrow_forwardWhich of the following is NOT a characteristic of common stock? A) Voting rightsB) Dividends paid to shareholdersC) Fixed incomeD) Potential for capital appreciation need help!arrow_forward
- What does the term "liquidity" refer to in finance? A) The ability to generate profitB) The ability to convert assets into cash quicklyC) The ability to pay off debtsD) The rate of return on investment need full explarrow_forwardno use aiWhat does the term "liquidity" refer to in finance? A) The ability to generate profitB) The ability to convert assets into cash quicklyC) The ability to pay off debtsD) The rate of return on investmentshow steps!arrow_forwardWhat does the term "liquidity" refer to in finance? A) The ability to generate profitB) The ability to convert assets into cash quicklyC) The ability to pay off debtsD) The rate of return on investmentarrow_forward
- A company is expected to pay a dividend of $4 next year. If the required rate of return is 10%, what is the value of the stock using the Dividend Discount Model (DDM)? A) $36B) $40C) $44D) $50solve step by step!arrow_forwardA company is expected to pay a dividend of $4 next year. If the required rate of return is 10%, what is the value of the stock using the Dividend Discount Model (DDM)? A) $36B) $40C) $44D) $50 need help!!arrow_forwardA company is expected to pay a dividend of $4 next year. If the required rate of return is 10%, what is the value of the stock using the Dividend Discount Model (DDM)? A) $36B) $40C) $44D) $50arrow_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