Accounting Information Systems
11th Edition
ISBN: 9781337676557
Author: Ulric J. Gelinas; Richard B. Dull; Patrick Wheeler
Publisher: Cengage Learning US
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Textbook Question
Chapter 7, Problem 2SP
Match the concept in List 1 with the definition or description in List 2. There is only one correct or best answer for each match. Therefore, you should have three letters left over from List 1.
List 1—Terms
- A. Input accuracy
- B. Input validity
- C. Pervasive control plan
- D. Preventive control
- E. Process effectiveness goal
- F. Control environment
- G. Data maintenance update (of master data)
- H. Information processing update (of master data)
List 2—Definitions
_____ 1. The process of modifying the master data to reflect the results of new events.
_____ 2. A control designed to keep problems from occurring.
_____ 3. A control goal of the information process that is directed at ensuring that fictitious or bogus events are not recorded.
_____ 4. A goal of an operations process that signifies the very reason for which that process exists; i.e., getting the job done.
_____ 5. The highest level in the control hierarchy; a control category that is evidence of management’s commitment to the importance of control in the organization.
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Description
Discuss in detail the Goal(s) of the firm. Additionally, List and discuss the 5 principles that form the
foundations of finance. Lastly, List and discuss the various legal forms of business organizations.
Chapter 7 Solutions
Accounting Information Systems
Ch. 7 - Describe organizational governance.Ch. 7 - Prob. 2RQCh. 7 - Describe the eight elements of ERM.Ch. 7 - Describe and compare risks and opportunities.Ch. 7 - Prob. 5RQCh. 7 - Prob. 6RQCh. 7 - Prob. 7RQCh. 7 - What is COSO?Ch. 7 - Prob. 9RQCh. 7 - Prob. 10RQ
Ch. 7 - Prob. 11RQCh. 7 - Prob. 12RQCh. 7 - Prob. 13RQCh. 7 - Prob. 14RQCh. 7 - Prob. 15RQCh. 7 - Prob. 16RQCh. 7 - Prob. 17RQCh. 7 - Prob. 18RQCh. 7 - Prob. 19RQCh. 7 - Prob. 1DQCh. 7 - Prob. 2DQCh. 7 - Prob. 3DQCh. 7 - Provide five examples of potential conflict...Ch. 7 - Prob. 5DQCh. 7 - Prob. 6DQCh. 7 - Prob. 7DQCh. 7 - Prob. 8DQCh. 7 - Prob. 9DQCh. 7 - Prob. 1SPCh. 7 - Match the concept in List 1 with the definition or...Ch. 7 - Match the concept in List 1 with the definition or...Ch. 7 - Prob. 4SPCh. 7 - Prob. 1PCh. 7 - Prob. 2PCh. 7 - Prob. 3PCh. 7 - Prob. 4PCh. 7 - Prob. 6P
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