Matching
Match the following terms with the appropriate definition(s):
Premises:
The people, records, methods, and equipment that collect and process data from transactions and events, organize them in useful forms, and communicate results to decision makers.
An information system principle requiring that an accounting system report useful, understandable, timely, and pertinent information for decision making.
The special journal that is used to record all payments of cash.
A list of each customer from the accounts receivable ledger with their balances and the total.
A part of a company that can be separately identified by the products or services that it provides or by the geographic market that it serves.
The component of an accounting system that interprets, transforms, and summarizes information for use in analysis and reporting.
Links among computers giving different users and different computers access to common databases and programs.
Programs that manage a company's vital operations which range from order-taking to manufacturing to accounting.
An information system principle requiring that an accounting information system aid managers in controlling and monitoring business activities.
The special journal used to record all receipts of cash.
Responses:
Cash receipts journal
Business segment
Control principle
Enterprise resource planning
Schedule of accounts receivable
Information processor
Cash disbursements journal
Accounting information system
Relevance principle
Computer network
Correct Answer:
Premises:
Responses:
The people, records, methods, and equipment that collect and process data from transactions and events, organize them in useful forms, and communicate results to decision makers.
An information system principle requiring that an accounting system report useful, understandable, timely, and pertinent information for decision making.
The special journal that is used to record all payments of cash.
A list of each customer from the accounts receivable ledger with their balances and the total.
A part of a company that can be separately identified by the products or services that it provides or by the geographic market that it serves.
The component of an accounting system that interprets, transforms, and summarizes information for use in analysis and reporting.
Links among computers giving different users and different computers access to common databases and programs.
Programs that manage a company's vital operations which range from order-taking to manufacturing to accounting.
An information system principle requiring that an accounting information system aid managers in controlling and monitoring business activities.
The special journal used to record all receipts of cash.
Premises:
The people, records, methods, and equipment that collect and process data from transactions and events, organize them in useful forms, and communicate results to decision makers.
An information system principle requiring that an accounting system report useful, understandable, timely, and pertinent information for decision making.
The special journal that is used to record all payments of cash.
A list of each customer from the accounts receivable ledger with their balances and the total.
A part of a company that can be separately identified by the products or services that it provides or by the geographic market that it serves.
The component of an accounting system that interprets, transforms, and summarizes information for use in analysis and reporting.
Links among computers giving different users and different computers access to common databases and programs.
Programs that manage a company's vital operations which range from order-taking to manufacturing to accounting.
An information system principle requiring that an accounting information system aid managers in controlling and monitoring business activities.
The special journal used to record all receipts of cash.
Responses:
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