Page |1
Accounting information system D561 Section 1 Questions and Answers with
Complete Solutions UPDATED!!!
Define source document. - ANSWER Documents that capture
transaction data at the time the transaction occurs.
What are annotations in flowcharts? - ANSWER Notes or
explanations to clarify parts of the process.
What are internal control flowcharts? - ANSWER Used to
identify control points in a system.
What are swimlanes? - ANSWER Diagram partitions that
organize activities by user or function.
What are the benefits of a well-designed AIS? - ANSWER
Improved quality, efficiency, knowledge sharing, internal
control, supply chain, and decision-making.
What are the five major business process cycles? - ANSWER
Revenue, Expenditure, Production, HR/Payroll, and Financing
, Page |2
What are the six components of an AIS? - ANSWER 1. People 2.
Procedures & Instructions 3. Data 4. Software 5. IT
Infrastructure 6. Internal Controls
What are the three main documentation tools? - ANSWER
Narratives, Flowcharts, and Data Flow Diagrams (DFDs)
What are turnaround documents? - ANSWER Documents sent
to external parties, who add data and return it for processing.
What does a diamond symbol in a flowchart represent? -
ANSWER A decision point
What does a rectangle symbol in a flowchart mean? - ANSWER
A process or task
What does a terminator symbol represent? - ANSWER Start or
end of a process (oval symbol)
Accounting information system D561 Section 1 Questions and Answers with
Complete Solutions UPDATED!!!
Define source document. - ANSWER Documents that capture
transaction data at the time the transaction occurs.
What are annotations in flowcharts? - ANSWER Notes or
explanations to clarify parts of the process.
What are internal control flowcharts? - ANSWER Used to
identify control points in a system.
What are swimlanes? - ANSWER Diagram partitions that
organize activities by user or function.
What are the benefits of a well-designed AIS? - ANSWER
Improved quality, efficiency, knowledge sharing, internal
control, supply chain, and decision-making.
What are the five major business process cycles? - ANSWER
Revenue, Expenditure, Production, HR/Payroll, and Financing
, Page |2
What are the six components of an AIS? - ANSWER 1. People 2.
Procedures & Instructions 3. Data 4. Software 5. IT
Infrastructure 6. Internal Controls
What are the three main documentation tools? - ANSWER
Narratives, Flowcharts, and Data Flow Diagrams (DFDs)
What are turnaround documents? - ANSWER Documents sent
to external parties, who add data and return it for processing.
What does a diamond symbol in a flowchart represent? -
ANSWER A decision point
What does a rectangle symbol in a flowchart mean? - ANSWER
A process or task
What does a terminator symbol represent? - ANSWER Start or
end of a process (oval symbol)
