ACTG 313 Exam 2 With Correct
Answers
Why document systems? - ANSWER -Accountants must be able to read
documentation and understand how a system works (e.g., auditors need to
assess risk)
-Sarbanes-Oxley Act (SOX) requires management to assess internal controls
and auditors to evaluate the assessment
-Used for systems development and changes
business process diagrams - ANSWER -visual way to represent activities in a
business process
-intent is that all business users can easily understand the process from a
standard notation (Business Process Modeling Notation)
-can show the organizational unit performing the activity
business process diagram symbols - ANSWER
guidelines for drawing business process diagram - ANSWER -identify and
understand the business process
-decide level or detail (summary or detailed)
-organize diagram (as many rows needed to explain the process)
-enter each business process (beginning and ending)
-draw a rough sketch, refine, and finalize
, flowcharts - ANSWER describe an information system showing inputs and
outputs, information activities, data storage, data flows, decision steps
-key strengths are that they can easily capture control via decision points,
show manual vs automated processes
common flowchart symbols -
common flowchart symbols 2 -
common flowchart symbols 3 -
common flowchart symbols 4 -
types of flowcharts - ANSWER document - shows the flow of documents and
data for a process, useful in evaluating internal controls
system - depicts the data processing cycle for a process
program - illustrates the sequence of logic in the system process
guidelines for drawing flow charts - ANSWER -understand the system you are
trying to represent
-identify business processes, documents, data flows, and data processing
procedures
-organize the flowchart so that it reads from top to bottom and left to right
-clearly label all symbols
-use page connectors (if it cannot fit on one page)
-edit/review/refine to make it easy to read and understand
data flow diagrams - ANSWER focuses on the data flows for -
Answers
Why document systems? - ANSWER -Accountants must be able to read
documentation and understand how a system works (e.g., auditors need to
assess risk)
-Sarbanes-Oxley Act (SOX) requires management to assess internal controls
and auditors to evaluate the assessment
-Used for systems development and changes
business process diagrams - ANSWER -visual way to represent activities in a
business process
-intent is that all business users can easily understand the process from a
standard notation (Business Process Modeling Notation)
-can show the organizational unit performing the activity
business process diagram symbols - ANSWER
guidelines for drawing business process diagram - ANSWER -identify and
understand the business process
-decide level or detail (summary or detailed)
-organize diagram (as many rows needed to explain the process)
-enter each business process (beginning and ending)
-draw a rough sketch, refine, and finalize
, flowcharts - ANSWER describe an information system showing inputs and
outputs, information activities, data storage, data flows, decision steps
-key strengths are that they can easily capture control via decision points,
show manual vs automated processes
common flowchart symbols -
common flowchart symbols 2 -
common flowchart symbols 3 -
common flowchart symbols 4 -
types of flowcharts - ANSWER document - shows the flow of documents and
data for a process, useful in evaluating internal controls
system - depicts the data processing cycle for a process
program - illustrates the sequence of logic in the system process
guidelines for drawing flow charts - ANSWER -understand the system you are
trying to represent
-identify business processes, documents, data flows, and data processing
procedures
-organize the flowchart so that it reads from top to bottom and left to right
-clearly label all symbols
-use page connectors (if it cannot fit on one page)
-edit/review/refine to make it easy to read and understand
data flow diagrams - ANSWER focuses on the data flows for -
