Chapter 7, Problem 1QS

To determine

Concept Introduction:

Accounting information System:

An information system takes the raw data as input converts into the meaningful information by processing it. The accounting information system takes source documents and input using the input devices and Processes it into the information and delivers it using the output devices. The components of an accounting information system are as follows:

• Source Document
• Input Devices
• Information Processors
• Information Storage
• Output devices

The type of component for each of the component given

Explanation of Solution

The type of component for each of the component given is explained as follows:

Component		Type
1. Computer Keyboard	Computer Keyboard is used as input device to enter the data into the system	B. Input Device
2. Printer	Printer is used as output device to get the information from the system	E. Output devices
3. Monitor	Monitor is used as output device to get the information from the system	E. Output devices
4. Bank Statement	Bank Statement is a source document to process the reports	A. Source Documents
5. Ledger Software	Ledger Software is a information processing software	C. Information Processors
6. Cloud storage	Cloud storage is a storage place for information	D. Information Storage
7. Journal Software	Journal Software is a information processing software	C. Information Processors
8. Invoice from supplier	Invoice is a source document to process the reports	A. Source Documents
9. Computer Scanner	Computer Scanner is used as input device to enter the data into the system	B. Input Device
10. Filing cabinet	Filing cabinet is a storage place for information	D. Information Storage