AIS Chapter 1-5 || QUESTIONS WITH COMPLETE
SOLUTIONS!!
data processing cycle correct answers four operations (data input, data storage, data
processing and information output) performed on data to generate meaningful and relevant
information
source document correct answers documents used to capture transaction data at its source
turnaround document correct answers records of company data sent to a external party and
then returned to the system as input
source data automation correct answers collection of transaction data in machine-readable
form at the time and place of origin
general ledger correct answers ledger that contains summary-level data for every asset,
liability, equity, revenue, and expense account
subsidiary ledger correct answers ledger used to record detailed data for a general ledger
account with many individual subaccounts (accounts receivable, accounts payable, inventory)
control account correct answers title given to a general ledger account that summarizes the to
total amounts recorded in a subsidiary ledger
coding correct answers systematic assignment of number or letters items to classify and
organize them
sequence codes correct answers items are numbered consecutively so that gaps in the
sequence code indicate missing items that should be investigated
block code correct answers blocks of numbers that are reserved for specific categories of
data, thereby helping to organize the data
group code correct answers two or more subgroups of digits that are used to code an item
mnemonic code correct answers letters and numbers that are interspersed to identify an item
chart of accounts correct answers listing of all the numbers assigned to balance sheet and
income statement accounts
general journal correct answers journal used to record infrequent or nonroutine transactions
specialized journals correct answers journal used to record a large number of repetitive
transactions
audit trail correct answers path that allows a transaction to be traced through a data
processing system from point of origin to output or backwards from output to point of origin
entity correct answers item about which information is stored in a record
, attributes correct answers properties, identifying number and characteristics of interest of an
entity that stored in a database
field correct answers portion of data record where the data value for particular attribute is
stored
record correct answers set of fields whose data value describe specific attributes of an entity
data value correct answers actual value stored in a field
file correct answers set of logically related records
master file correct answers permanent file of records that stores cumulative data about an
organization
transaction file correct answers file that contains the individual business transactions that
occur during a specific fiscal period
database correct answers set of interrelated, centrally controlled data files that are stored with
as little data redundancy as possible
batch processing correct answers accumulating transaction records into groups or batches for
processing at a regular interval such as daily or weekly
online, real-time processing correct answers computer system processes data immediately
after capture and provides updated information to users on a timely basis
report correct answers system output, organized in a meaningful fashion, that is used by
employees to control operational activities, by managers to make decisions and design
strategies, and investors and creditors to understand a company's business activities
query correct answers request fro the data base to provide the information needed to deal with
a problem or answer a question
enterprise resource planning (ERP) correct answers system that integrates all aspects of an
organization's activities
system correct answers two or more interrelated components that interact to achieve a goal,
often composed of subsystems that support the larger system
goal conflict correct answers when a subsystem's goals are inconsistent with the goals of
another subsystem or the system as a whole
goal congruence correct answers when a subsystem achieves its goals while contributing to
the organization's overall goal
information correct answers data that have been organized and processed to provide meaning
and improve decision-making
SOLUTIONS!!
data processing cycle correct answers four operations (data input, data storage, data
processing and information output) performed on data to generate meaningful and relevant
information
source document correct answers documents used to capture transaction data at its source
turnaround document correct answers records of company data sent to a external party and
then returned to the system as input
source data automation correct answers collection of transaction data in machine-readable
form at the time and place of origin
general ledger correct answers ledger that contains summary-level data for every asset,
liability, equity, revenue, and expense account
subsidiary ledger correct answers ledger used to record detailed data for a general ledger
account with many individual subaccounts (accounts receivable, accounts payable, inventory)
control account correct answers title given to a general ledger account that summarizes the to
total amounts recorded in a subsidiary ledger
coding correct answers systematic assignment of number or letters items to classify and
organize them
sequence codes correct answers items are numbered consecutively so that gaps in the
sequence code indicate missing items that should be investigated
block code correct answers blocks of numbers that are reserved for specific categories of
data, thereby helping to organize the data
group code correct answers two or more subgroups of digits that are used to code an item
mnemonic code correct answers letters and numbers that are interspersed to identify an item
chart of accounts correct answers listing of all the numbers assigned to balance sheet and
income statement accounts
general journal correct answers journal used to record infrequent or nonroutine transactions
specialized journals correct answers journal used to record a large number of repetitive
transactions
audit trail correct answers path that allows a transaction to be traced through a data
processing system from point of origin to output or backwards from output to point of origin
entity correct answers item about which information is stored in a record
, attributes correct answers properties, identifying number and characteristics of interest of an
entity that stored in a database
field correct answers portion of data record where the data value for particular attribute is
stored
record correct answers set of fields whose data value describe specific attributes of an entity
data value correct answers actual value stored in a field
file correct answers set of logically related records
master file correct answers permanent file of records that stores cumulative data about an
organization
transaction file correct answers file that contains the individual business transactions that
occur during a specific fiscal period
database correct answers set of interrelated, centrally controlled data files that are stored with
as little data redundancy as possible
batch processing correct answers accumulating transaction records into groups or batches for
processing at a regular interval such as daily or weekly
online, real-time processing correct answers computer system processes data immediately
after capture and provides updated information to users on a timely basis
report correct answers system output, organized in a meaningful fashion, that is used by
employees to control operational activities, by managers to make decisions and design
strategies, and investors and creditors to understand a company's business activities
query correct answers request fro the data base to provide the information needed to deal with
a problem or answer a question
enterprise resource planning (ERP) correct answers system that integrates all aspects of an
organization's activities
system correct answers two or more interrelated components that interact to achieve a goal,
often composed of subsystems that support the larger system
goal conflict correct answers when a subsystem's goals are inconsistent with the goals of
another subsystem or the system as a whole
goal congruence correct answers when a subsystem achieves its goals while contributing to
the organization's overall goal
information correct answers data that have been organized and processed to provide meaning
and improve decision-making
