The Financial position graph is suitable for Select one: O a. Data Input O b. Data Process O c. Data storage O d. Data output

Q: Accounting equation system

A: The answer is provided as follows:

Q: What is data reliance on a task? (relative to Accounting Information Systems)

A: Introduction: Accounting Information system: Accounting An information system is a collection of…

Q: Write out the equation for the value of operations.

A: It is a fiscal performance computation that estimates the amount of operating cash flows (OCF) that…

Q: compare and contrast betweeh managerial and financial accounting

A: Financial accounting is defined as the accounting for revenues, expenses, assets, and liabilities.…

Q: Define financial data.

A: Financial Data means the unaudited salary explanations identifying with activity of the property for…

Q: is the target of data flow. Select one: O a. Destination O b. Pass O c. Source O d. Stores

A: Which is the target of data flow as follows:-

Q: collection

A: Ans. Inductive approach is merely a reasoning method by which a law or general principle is…

Q: Compute accounting rate of return and explain its use.

A: Accounting rate of return in simple terms is an average rate of return of return from an investment.…

Q: Descriptive statistics consists of methods for organizing, displaying, and describing data by using…

A: A data set in original form usually very large, consequently such data is not very helpful in…

Q: Conduct a vertical analysis in the given data. With solutions

A: Vertical analysis is one of the financial statement analysis tool under which each item is being…

Q: What are the three steps in designing accounting-based performance measures?

A: Accounting based performance measures: Accounting based performance measures can be defined as…

Q: Define accounting information system.

A: Accounting Information System (AIS) is a computer-based system used by decision makers to collect,…

Q: explain in details financial management cycle

A: The financial management cycle represents the cycle for the management of the finance of the…

Q: Which of the following are considered secondary characteristics of accounting information? a.…

A: Secondary Qualitative Characteristics of accounting information is how useful the information is.…

Q: what is an example of data flow diagram, fixed asses system?

A: A data flow diagram (DFD) refers to a graphical representation of a flow of any information or…

Q: Explain accounting domain with example

A: Accounting domain is the wide range of accounting including its all branches like financial…

Q: In a data visualization, the vertical axis typically shows __________.   Multiple Choice   values…

A: A column chart will include data labels along the horizontal (X) axis with measured metrics or…

Q: A Data Flow Diagram (DFD) is composed of which of the following elements? Select one: a. Data Flows…

A: A Data Flow Diagram (DFD) is composed of the following elements: 1. Data Flows 2. Transformation…

Q: Define accounting equation

A: Financial Accounting:   It refers to the process of recording the financial transactions of the…

Q: Define accounting beta method

A: Beta: Beta can be defined as the measure of instability of a separate stock relative to the…

Q: vertical and horizontal analysis in the given data

A: Horizontal analysis shows changes in numbers from one period to another period in absolute number…

Q: Define accounting equation

A: Financial Accounting: It refers to the process of recording the financial transactions of the…

Q: A documentation tool used to represent thelogical elements of a system is a(n)a. data flow…

A: The transactions that are happened in the company will be analyzed, and recorded in the first book…

Q: Compare and explain the data presented

A: Solution Working note Presentation in tabular form   2019 2020 Total assets 1141044000…

Q: What is the equation that shows the relationship between elements of financial data

A: The equation that shows the relationship between the elements of financial data is shown hereunder :…

Q: Looking for help with accounting basics, the T structure

A: Introduction: Journals: Recording of a business transactions in a chronological order. First step in…

Q: How do REA and ER diagrams support financial statements?

A: REA diagram: REA diagram is a method utilized to implement the association among events, agents and…

Q: POS stands for Point of Sale. List the benefits they have over traditional data collecting methods.

A: Ans. Point of Sale is the place where actual sale and purchase takes place. Payment is made at this…

Q: What qualitative characteristic defines, the underlying influence in the preparation of financial…

A: Going concern represents that the company would prepare its financial statement with the intention…

Q: Briefly distinguish between management and financialaccounting information in terms of ( a ) the…

A: Financial accounting: Financial accounting is different from managerial accounting. Financial…

Q: Accounting deals with quantifiable information.

A: Accounting means recording the financial transactions and converting them into reports to the…

Q: mention the users of financial information and their respective needs.ment accounting and cost…

A: The users of financial information and their respective needs are discussed hereunder :

Q: For each of the following, indicate if the statement reflects an input component, output component,…

A: Accounting Information System:   It is a structural framework used by business to collect, store,…

Q: Choose acceptable income statement account names and describe the most frequent operational…

A: The Answer

Q: Does a hash total need to be based on a financial data field? Explain.

A: Internal controls are referred to as the controls that an organization establishes to check the…

Q: Explain accounting process cycle.

A: Accounting Cycle: The accounting cycle refers to the process of recording a business transaction in…

Q: Define accounting beta

A: Accounting involves different volatility measurement tools which are used in capital asset pricing…

Q: Distinguish between managerial and financial accounting on

A: Basis Financial Accounting Managerial Accounting User and decision maker Outsiders like investors,…

Q: 1. Describe the business functions in the value chain.

A: Value chain All the activities which are required for the creation of a product or services are…

Computerized Accounting System

The Computerized Accounting System is generally a system of maintaining accounts using computers. In this method of accounting system, the accounting transactions are processed through the use of hardware and software to generate the reports such as journals, ledgers, trial balance, trading account, P/L accounts, balance and other reports.