General Accounting: What purpose does transactional layering serve? a) Single entries capture everything b) Multiple impact levels require separate recording approaches c) Layers complicate unnecessarily d) Standard entries work always

Discuss some of the problems associated with general ledger systems that do not have data coding schemes.

Explain how the cost of resources is assigned to activities. What is meant by the phrase unbundling the general ledger accounts?

Database entities a. may contain zero or many occurrences. b. are represented as verbs in an ER diagram. c. may represent both physical assets and intangible phenomena. d. are often defined by common attributes that also define other entities. e. are unique to a specific user view.

Any device used to provide the results of processing data is a(n) ________ device. Group of answer choices A. sources B. input C. output D. storage

Concerning eXtensible Business Reporting Language (XBRL), which of the following statements is not true? A. XBRL reduces the need for information to be manually reentered into analysis tools B. XBRL creates unique tags for each data item C. XBRL is used for internal (managerial) reporting D. XBRL reduces the need to produce multiple reports

What is task data dependency? (this is related to Accounting Information Systems)

Which of the following is NOT a control implication of distributed data processing? a. redundancy b. user satisfaction c. incompatibility d. lack of standards

Which of the following is NOT a database management task?a. retrievalb. storagec. summarizationd. deletion

Briefly provide your opinion whether an auditors wishing to assess the adequacy of separation of functions examine a data flow diagram or system flowchart. Why