What is feedback and how is it useful in an information system?

Q: How can data analysis be used to identify stakeholders?

A: Stakeholder analysis involves the study of identifying, collecting, and analyzing data on different…

Q: Explain how an IT environment affects access control.

A: Information technology plays the pivotal role in the survival and success of any entity in modern…

Q: What does the process of providing this information to external users is called? Describe about it…

A: Financial Reporting System:   It refers to monitoring the financial resources of an organization as…

Q: describe the connection between the management process planning, feedback, controlling

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Q: How should managers estimate and interpretcost information?

A: Cost: It refers to the economic value incurred by a company to produce a product or deliver a…

Q: Briefly explain the major components of AIS

A: SOLUTION- ACCOUNTING INFORMATION SYSTEM (AIS) IS A WAY OF TRACKING ALL ACCOUNTING AND BUSINESS…

Q: What are the relative merits of input from source documents and direct input?

A: Definition: Direct input: The data that are directly inserted into the system from the source data…

Q: What is SCM software?

A: Supply Chain Management: SCM (Supply Chain Management) refers to the wide variety of activities…

Q: What kind of graph can help decision making in management accountin? It would be if there are some…

A: The graphs are often considered statistical tools, however, in almost all fields, they are used as…

Q: What is an enterprise system?

A: Introduction:- An enterprise system, also known as an enterprise resource planning. It handles…

Q: What do you mean by electronic data interchange?

A: Accounting information systems: Accounting information systems collect data from different events…

Q: What is activity based management? Why is it important? taking example

A: Activity based management:Activity based management is the process of applying activity-based costs…

Q: What is a value stream map?

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

Q: How to create journalizing transaction with this kind of problem?

A: Journal entries recording is the initial step in accounting cycle process. Under this, atleast one…

Q: What is computer ethics?

A: Ethics: Ethics can be defined as a conduct adopted by an individual in making the selection between…

Q: What is a semantic data model?

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Q: Discuss the rules for linking events to resources and agents in an REA diagram.

A: REA Diagram: REA diagram is a technique which is used to establish the relationship between…

Q: What is the heart of ERP system?

A: Given: It is necessary to inquire about the element at the core of the ERP.

Q: What is a responsibility center?

A: Responsibility center: Responsibility centers are the segment of an organization which is authorized…

Q: What is value-based management and how is it used?

A: The company finds the value of the company by discounting the cash flows occurring in the future.…

Q: What is a data model?

A: Data model is presentation of data in a logical manner; so that, data can be read and processed by…

Q: What do you call a thing that is provided by AIS by ensuring the information produced by the system?

A: Accounting Information Systems: An accounting information system is referred to as the system that…

Q: discuss the difference between internal and external users of information and their needs and…

A: Accounting Information System (AIS):   The system which helps to gather, store and process the…

Q: Explain Management’s discussion and analysis.

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Q: What exposures do data consolidation in a CBIS environment pose?

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Q: Explain an example of internal events.

A: An Accounting event is a transaction that is recorded in the books of accounts of the company. There…

Q: What is information overload?

A: Report: The formal document used for providing information to the managers is called report. The…

Q: necessary in the AIS

A: The Importance of Accounting Information Systems in the Accounting Curricula:    Research regarding…

Q: Describe the connection between planning feedback, and controlling.

A: The management of the company is the main responsible for preparing the financial statements which…

Q: What are the major inputs to the MRP system?

A: The preparation of material requirements planning (MRP) is a method for measuring the materials and…

Q: What is changed data capture?

A: Definition: Database: A database can be defined as the collection of data in an organized manner…

Q: If accountants are viewed as providers of information, then why are they consulted as system users…

A: System development process includes designing, developing, testing, and maintaining of systems. In…

Q: What does stewardship mean and what is its role in an information system?

A: Definition: Accounting information system: The system which helps to gather, store, and process the…

Q: Explain an example of external users.

A: Financial Statement:   They are annual reports of an organization summarizing the financial…

Q: What is the purpose of a systems analysis, and what type of information should be included in the…

A: Definition:   System analysis: System analysis is a course of action to gather the information…

Q: What is the difference between system software and application software?

A: System Software is the software type which is the interface between system & application…

Q: Why is the object-oriented approach particularly suited to ERP system design?

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Q: What are some tests of data communications controls?

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Q: Why is IT control and auditability so important in today's virtual environment?

A: Today's virtual environment has changed the aspects of traditional accounting and audit process…

Q: Discuss the differences between internal and external users of information and their needs and…

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Healthcare Organization

Healthcare organizations are entities that provide healthcare services such as primary care, surgery, diagnosis of diseases, and medical treatment to patients who are in need. Healthcare organizations or health systems provide healthcare benefits to people through clinics, hospitals, teaching and training institutions, and research institutions. The fundamental purpose of healthcare organizations is to offer healthcare services at a lower cost to meet the health needs of the people.