ACCOUNTING INFORMATION SYSTEMS 4TH
EDITION COMPREHENSIVE SCRIPT WITH
SOLUTIONS
◉ conversion processes include 3 processes:
Answer: 1.) planning
2.) resource management
3.) logistics
◉ administrative processes include 3 processes:
Answer: 1.) capital
2.) investment
3.) general ledger
◉ organisations implement ____ processes into their work steps to
avoid errors and fraud
Answer: internal control processes
◉ internal controls are:
Answer: set of procedures and policies adopted to safeguard assets,
check accuracy and reliability of data, to promote operational
, efficiency, and to encourage adherence to prescribed managerial
practices
◉ circles represent:
Answer: many business processes that occur in an organization
◉ output reports:
Answer: feedback that managers use to monitor and control the
business processes
◉ supply chain:
Answer: entities, processes, and information flows that involve the
movement of materials, funds, and related information through the
full logistics process
◉ the supply chain starts from:
Answer: acquisition of raw materials and ends at delivery of finished
products to end user
◉ the supply chain includes all (4):
Answer: vendors/suppliers
customers
service providers
EDITION COMPREHENSIVE SCRIPT WITH
SOLUTIONS
◉ conversion processes include 3 processes:
Answer: 1.) planning
2.) resource management
3.) logistics
◉ administrative processes include 3 processes:
Answer: 1.) capital
2.) investment
3.) general ledger
◉ organisations implement ____ processes into their work steps to
avoid errors and fraud
Answer: internal control processes
◉ internal controls are:
Answer: set of procedures and policies adopted to safeguard assets,
check accuracy and reliability of data, to promote operational
, efficiency, and to encourage adherence to prescribed managerial
practices
◉ circles represent:
Answer: many business processes that occur in an organization
◉ output reports:
Answer: feedback that managers use to monitor and control the
business processes
◉ supply chain:
Answer: entities, processes, and information flows that involve the
movement of materials, funds, and related information through the
full logistics process
◉ the supply chain starts from:
Answer: acquisition of raw materials and ends at delivery of finished
products to end user
◉ the supply chain includes all (4):
Answer: vendors/suppliers
customers
service providers