TEST BANK FOR ACCOUNTING INFORMATION SYSTEMS BASIC CONCEPTS AND CURRENT ISSUES 3RD HURT

57. Eric and Gloria were recently hired as entry-level accountants for RSP Corporation. They had the following conversation about their duties and responsibilities.
Eric: I’m really excited to have this job; I’ve wanted to work in this industry for a couple years now.[r]

Chapter 4 - Management concepts. When you''ve finished studying this chapter, and completing the activities at its conclusion, you should be able to: Summarize and explain the importance of COSO''s enterprise risk management - integrated framework; define business process management, including a gen[r]

Chapter 17 - Auditing and evaluating the AIS. When you''ve finished studying this chapter, and completing the activities at its conclusion, you should be able to: Describe the various kinds of audits you might encounter in your accounting career, explain the purpose of the audit clarity project and[r]

Chapter 16 - Professionalism, ethics, and career planning. When you''ve finished studying this chapter, and completing the activities at its conclusion, you should be able to: List and discuss characteristics of a professional, explain how those characteristics apply to the accounting profession, de[r]

Chapter 15 - Decision-making models and knowledge management. When you''ve finished studying this chapter, and completing the activities at its conclusion, you should be able to: Discuss and give examples of the concept of information overload, including causes, symptoms, and countermeasures; explai[r]

Chapter 14 - Other business processes. When you''ve finished studying this chapter, and completing the activities at its conclusion, you should be able to: Explain its role and purpose, explain how the generic structure of most AIS applies, identify and process common transactions, design and critiq[r]

Chapter 13 - Acquisition/Payment process. When you''ve finished studying this chapter, and completing the activities at its conclusion, you should be able to: Explain its role and purpose; list and discuss, in order, the steps in the process; explain how the generic structure of most AIS applies to[r]

Chapter 12 - Sales/Collection process. When you''ve finished studying this chapter, and completing the activities at its conclusion, you should be able to: Explain its role and purpose; list and discuss, in order, the steps in the process; explain how the generic structure of most AIS applies to the[r]

Chapter 10 - E-business and enterprise resource planning systems. When you''ve finished studying this chapter, and completing the activities at its conclusion, you should be able to: Explain the nature of e-business, comparing and contrasting it with traditional “brick-and-mortar” organizations; dis[r]

Chapter 9 - XBRL, when you''ve finished studying this chapter, and completing the activities at its conclusion, you should be able to: Define the following terms as they relate to XBRL: extensible, specification, taxonomy, namespace, and instance document; explain the history and structure of XBRL;[r]

Chapter 8 - REA modeling. When you''ve finished studying this chapter, and completing the activities at its conclusion, you should be able to: Compare and contrast view-driven and event-driven accounting information systems, use REA modeling to represent an event-driven AIS, use a REA model to desig[r]

Chapter 7 - Data flow diagramming. When you''ve finished studying this chapter, and completing the activities at its conclusion, you should be able to: Explain the symbols and design considerations associated with DFDs; compare and contrast flowcharts and DFDs with regard to purpose, content, struct[r]

Chapter 6 - Flowcharting. When you''ve finished studying this chapter, and completing the activities at its conclusion, you should be able to: List and discuss the purpose and use of systems flowcharts, document flowcharts, program flowcharts, and hardware flowcharts; explain the basic parts of and[r]

Chapter 5 - Information systems concepts. When you''ve finished studying this chapter, and completing the activities at its conclusion, you should be able to: List and discuss, in order, the steps in the systems development life cycle; explain the advantages and disadvantages of using the SDLC; appl[r]

Chapter 11 - Computer crime and information technology security. When you''ve finished studying this chapter, and completing the activities at its conclusion, you should be able to: Explain Carter’s taxonomy of computer crime, identify and describe business risks and threats to information systems,[r]

Chapter 3 - Internal controls. When you''ve finished studying this chapter, and completing the activities at its conclusion, you should be able to: Define internal control and explain its importance in the accounting information system, explain the basic purposes of internal control and its relation[r]

Chapter 1 - Role and purpose of accounting information systems. When you''ve finished studying this chapter, and completing the activities at its conclusion, you should be able to: Define “accounting information systems”, discuss why AIS is an important area of study for future accountants, compare[r]

Chapter 2 - Transaction processing in the AIS. When you''ve finished studying this chapter, and completing the activities at its conclusion, you should be able to: Differentiate accounting and bookkeeping; list, discuss and complete, in order, the steps in the accounting cycle; identify common inter[r]

4. Making choices and exercising judgment
The point of these exercises, which appear in every chapter throughout the third edition, is to encourage students to think critically and “outside the box.” Thus, I am not
providing solutions to them, as doing so would likely discourage[r]

TRANG 1 ACCOUNTING BASICS UNIT OBJECTIVES - MỤC TIÊU DURATION 9 PERIODS - THỜI LƯỢNG HỌC 9 TIẾT • Provide students with an overview of accounting main issues, basic terms and concepts re[r]