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Accounting Information Systems
by
James A. HALL
Edition:
7th edition
ISBN13:
978-1-43907857-5
ISBN10:
1-4390-7857-2
471
Accounting
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Chapter: 4 /
Q: 54
How does the procedure for determining inventory requirements differ between a basic batch-processing system and batch processing with real-time data input of sales and receipts of inventory What about for the procedures the receiving department uses
Chapter: 4 /
Q: 55
Discuss the major control implications of batch systems with real-time data input. What compensating procedures are available
Chapter: 4 /
Q: 56
Discuss some specific examples in which information systems can reduce time lags and how the firm is positively affected by such time lags
Chapter: 4 /
Q: 57
You are conducting an end-of-year audit. Assume that the terms of trade between a buyer and a seller are free on board (FOB) destination. What document provides evidence that a liability exists and may be unrecorded
Chapter: 4 /
Q: 58
Describe a three-way match
Chapter: 5 /
Q: 1
Which document is used by cost accounting to allocate direct labor charges to work-in-process
Chapter: 5 /
Q: 2
Which department authorizes changes in employee pay rates
Chapter: 5 /
Q: 3
Why should the employee’s supervisor not distribute paychecks
Chapter: 5 /
Q: 4
Why should employee paychecks be drawn against a special checking account
Chapter: 5 /
Q: 5
Why should employees clocking on and off the job be supervised
total questions:
471
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