Accounting Information Systems The Processes and Controls 2e
Leslie Turner Andrea Weickgenannt (Solutions Manual All
Chapters, 100% Original Verified, A+ Grade)
Turner/Accounting Information Systems, 2e
Solutions Manual
Chapter 1
Concept Check
1. d
2. d
3. b
4. c
5. c
6. c
7. b
8. b
9. b
10. a
Discussion Questions
11. (SO 1) How might the sales and cash collection processes at a Wal-Mart store differ
from the sales and cash collection processes at McDonald’s? Wal-Mart sells items
that are pre-priced and bar coded with that price. Therefore the cash registers
at Wal-Mart use bar code scanners. However, McDonalds sells fast foods that
are not bar coded. The cash registers at McDonalds use touch screen systems
that require a cashier to indicate the items purchased. The cash collection
processes are not different. In both cases, the employee collects the cash or
credit card, and returns any change.
12. (SO 1) Can you think of any procedures in place at McDonald’s that are intended to
ensure the accuracy of your order? Student responses may vary, however,
following are a few examples: Often, at either the drive-through or the inside
cash register, the customer can see a screen that displays the items ordered.
In addition, a fast food restaurant uses pre-designed slots to hold certain
types of menu items. When a customer orders a particular sandwich, the
person filling the order knows exactly which slot to pull the sandwich from.
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Each customer receives a printed receipt with the items listed and the
customer can verify the accuracy.
13. (SO 1) How might the sales and cash collection processes at Boeing Co. (maker of
commercial passenger jets) differ from the sales and cash collection processes at
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,Chapter 1 Solutions Introduction to AIS
McDonald’s? Boeing does not sell to end-user consumers; rather, it sells to
companies such as airlines. Therefore Boeing does not have stores, nor
inventory in stores, nor cash registers to process sales. Boeing is more likely
to maintain a sales force that visits potential customers to solicit sales. Those
sales may be entered by the salesperson into a laptop computer connected to
Boeing’s network. McDonald’s, on the other hand, sells to consumers, uses
order input touch screens at each location, and maintains supplies of
perishable food products.
14. (SO 1) Are there business processes that do not in some way affect accounting records
or financial statements? There may be processes that do not directly affect
accounting records (such as recruiting and hiring a new employee), but all
processes have a direct or indirect affect on accounting records. All processes
use resources such as material or employee time. Therefore, all processes
have expenses related to those processes that will affect the accounting
records.
15. (SO 2) Briefly describe the five components of an accounting information system.
1. Work steps within a business process that capture accounting data
as the business process occurs.
2. Manual or computer-based records that capture the accounting data
from the business processes.
3. Internal controls within the business process that safeguard assets
and ensure accuracy and completeness of the data.
4. Work steps that process, classify, summarize, and consolidate the
raw accounting data.
5. Work steps that generate both internal and external reports.
16. (SO 2) Describe how sales data are captured and recorded at a restaurant such as
Applebee’s. At most Applebee’s restaurants, a server writes the order on a pad
and carries that pad to a cash register. The server enters the order on a touch
screen terminal. The order information is then displayed on a terminal in the
kitchen. When the customer has finished the meal, the server prints a check
and delivers the check to the table. The customer pays the server by using
cash or a credit card. The server processes the payment on the touch screen
register and returns the change or credit card slip to the customer.
17. (SO 2) What occurs in an accounting information system that classifies accounting
transactions? For each business process that affects accounting records, the
accounting information system must capture any resulting accounting data,
record the data, process it through classification, summarization, and
consolidation, and generate appropriate reports.
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, Chapter 1 Solutions Introduction to AIS
18. (SO 2) What are the differences between internal reports and external reports
generated by the accounting information system? Internal reports are used by
management to oversee and direct processes within the organization.
External reports are the financial statements used by investors and creditors
to make
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