Exam (elaborations)
WGU D217 Accounting Information Systems 2024 rated A
- Course
- Institution
WGU D217 Accounting Information Systems 2024 rated A
[Show more]
Content preview
WGU D217 Accounting Information Systems2024 rated A
Fundamental objectives of a business - To support the firms day to day operations
To support management decision making
To support stewardship function of management
Two subdivisons of "Information Systems" - Accounting information system
management information system
Accounting Information System structure - General Ledger/Financial Reporting
System (GL/FRS)
Transactions Processing System (TPS)
Management Reporting System
Transactions Processing System (TPS) Structure - Expenditure Cycle
,WGU D217 Accounting Information Systems
2024 rated A
Conversion Cycle
Revenue Cycle
Expenditure Cycle - Purchase System
Cash Disbursement System
Payroll Processing System
Fixed Asset System
Conversion Cycle - Cost Accounting System
Production Planning and Control System
Revenue Cycle - Sales Processing System
,WGU D217 Accounting Information Systems
2024 rated A
Cash Receipts System
management Information system structure - Financial Management Systems
Marketing Systems
Distribution Systems
Human Resource Systems
financial transactions - an economic event that affects the assets and equities of
the organization, is reflected in its accounts, and is measured in monetary terms
Nondiscretionary reporting - A type of reporting in which the organization has few
or no choices in the information it provides. Much of this information consists of
traditional financial statements, tax returns, and other legal documents.
Within General Ledger/Financial Reporting Systems
, WGU D217 Accounting Information Systems
2024 rated A
Discretionary Reporting - A type of reporting in which the organization can choose
what information to report and how to present it
In Management reporting system
nonfinancial transactions - events that do not meet the narrow definition of a
financial transaction
General Model for AIS - Model that describes all information systems, regardless
of their technological architecture. The elements of the general model are:
end users
data sources
data collection
data processing
database management
information generation
feedback
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Ellah1. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $15.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75323 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now