Erp system fundamentals - Study guides, Class notes & Summaries

Test Bank for Accounting Information Systems Chapter 1: Systems fundamentals – Introduction Multiple-choice questions 1. The role of the accountant has changed in recent times because: a. professional bodies have sought to redefine and reposition the accounting function. *b. computer systems have emerged to handle the classification and recording tasks traditionally associated with the accounting function. c. the accounting cycle is too complex and involved to be performed solely by t...

Test Bank Solutions Manual for Core Concepts of Accounting Information Systems, 14e Mark Simkin, James Worrell, Arline Savage (All Chapters). Table of Contents Chapter 1 Accounting Information Systems and the Accountant 1 1.1 Introduction: Why Study Accounting Information Systems? 1 1.2 Careers in Accounting Information Systems 2 Traditional Accounting Career Opportunities 2 Systems Consulting 2 Fraud Examiner or Forensic Accountant 3 Information Technology Auditing and Security 4 Predictive Ana...

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 for balance sheet and income statement accounts. Block Code Coding method using blocks of numbers for categories. Audit Trail Traceable transaction path from origin to output. Transaction File Tempor...