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
Accounting Information Systems
- Answer correctly otherwise unhelpfularrow_forwardYou've collected the following information from your favorite financial website. 52-Week Price Dividend Hi 77.40 Lo Stock (Dividend) Yield % PE Ratio Close Price Net Change 10.43 Acevedo .36 2.6 6 13.90 -.24 55.81 33.42 Georgette, Incorporated 1.54 3.8 10 40.43 -.01 131.04 70.05 YBM 2.55 2.9 10 89.08 3.07 50.24 35.00 13.95 Manta Energy .80 5.2 6 20.74 Winter Sports .32 1.5 28 15.43 ?? -.26 .18 According to analysts, the growth rate in dividends for YBM for the next five years is expected to be 21 percent. Suppose YBM meets this growth rate in dividends for the next five years and then the dividend growth rate falls to 5.75 percent, indefinitely. Assume investors require a return of 14 percent on YBM stock. According to the dividend growth model, what should the stock price be today? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)arrow_forward1. Waterfront Inc. wishes to borrow on a short-term basis without reducing its current ratio below 1.25. At present its current assets and current liabilities are $1,600 and $1,000 respectively. How much can Waterfront Inc. borrow?arrow_forward
- Question 3Footfall Manufacturing Ltd. reports the following financialinformation at the end of the current year:Net Sales $100,000Debtor’s turnover ratio (based onnet sales)2Inventory turnover ratio 1.25Fixed assets turnover ratio 0.8Debt to assets ratio 0.6Net profit margin 5%Gross profit margin 25%Return on investment 2%Use the given information to fill out the templates for incomestatement and balance sheet given below:Income Statement of Footfall Manufacturing Ltd. for the year endingDecember 31, 20XX(in $)Sales 100,000Cost of goodssoldGross profitOther expensesEarnings beforetaxTax @50%Earnings aftertaxBalance Sheet of Footfall Manufacturing Ltd. as at December 31, 20XX(in $)Liabilities Amount Assets AmountEquity Net fixed assetsLong termdebt50,000 InventoryShort termdebtDebtorsCashTOTAL TOTALarrow_forwardSolve correctly and no aiarrow_forwardSolvearrow_forward
- don't use chatgptIf data is unclear or blurr then comment i will write it.arrow_forwardIf data is unclear or blurr then comment i will write it. please don't use AI i will unhelpfularrow_forwardYou are considering an option to purchase or rent a single residential property. You can rent it for $5,000 per month and the owner would be responsible for maintenance, property insurance, and property taxes. Alternatively, you can purchase this property for $204,500 and finance it with an 80 percent mortgage loan at 4 percent interest that will fully amortize over a 30-year period. The loan can be prepaid at any time with no penalty. You have done research in the market area and found that (1) properties have historically appreciated at an annual rate of 2 percent per year, and rents on similar properties have also increased at 2 percent annually; (2) maintenance and insurance are currently $1,545.00 each per year and they have been increasing at a rate of 3 percent per year; (3) you are in a 24 percent marginal tax rate and plan to occupy the property as your principal residence for at least four years; (4) the capital gains exclusion would apply when you sell the property; (5)…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 PubAccounting 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



