Test Bank Questions with Answers for Overview of Transaction Processing and ERP Systems. Chapter 2
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Course
Computer Science
Institution
Computer Science
Source Documents Capture transaction data at its origin, e.g., sales orders.
Turnaround Documents Pass data externally and back, e.g., utility bills.
Journals Records infrequent transactions like loan payments.
Ledgers Stores cumulative accounting data, e.g., asset accounts.
COA Lists numbers f...
Accounts Receivable File updating process for AR transactions.
Reports Information output detailing specific data.
Query Request for specific data retrieval.
ERP Systems Integrate all organizational activities.
General Ledger Summarizes total amounts in subsidiary ledger.
Subsidiary Ledger Detailed data for each general ledger account.
Chart of Accounts Lists numbers for balance sheet and income statement.
Coding Techniques Methods like sequence, block, group, mnemonic.
Data Input Initial entry of transaction data.
Data Storage Recording and organizing transaction data.
Data Processing Cycle Sequence of data input, storage, and output.
Information Output Forms like documents, reports, and queries.
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