Solved

Match the Following Terms with the Appropriate Definition(s)

Question 168

Matching

Match the following terms with the appropriate definition(s).

Premises:
The special journal that is used to record all payments of cash
Programs that manage a company's vital operations which range from order-taking to manufacturing to accounting
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
A list of each customer from the accounts receivable ledger with their balances and the total
An information system principle requiring that an accounting system report useful, understandable, timely and pertinent information for decision making
The component of an accounting system that interprets, transforms and summarizes information for use in analyisis and reporting
The special journal used to record all receipts of cash
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
Links among computers giving different users and different computers access to common databases and programs
An information system principle requiring that an accounting information system aid managers in controlling and monitoring business activities
Responses:
Control principle
Cash disbursements journal
Enterprise resource planning
Business segment
Cash receipts journal.
Computer network
Information processor
Relevance principle
Schedule of accounts receivable
Accounting information system

Correct Answer:

The special journal that is used to record all payments of cash
Programs that manage a company's vital operations which range from order-taking to manufacturing to accounting
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
A list of each customer from the accounts receivable ledger with their balances and the total
An information system principle requiring that an accounting system report useful, understandable, timely and pertinent information for decision making
The component of an accounting system that interprets, transforms and summarizes information for use in analyisis and reporting
The special journal used to record all receipts of cash
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
Links among computers giving different users and different computers access to common databases and programs
An information system principle requiring that an accounting information system aid managers in controlling and monitoring business activities
Related Questions

Q163:  Financial statements 
A)  Input devices 
B)  Information storage 
C) Information processor 
D) Output devices 
E) Source

Q164:  Journals 
A)  Input devices 
B)  Information storage 
C) Information processor 
D) Output devices 
E) Source document 

Q165:  Invoice from suppliers 
A)  Input devices 
B)  Information storage 
C) Information processor 
D) Output

Q166: A company entered into the following transactions.Match

Q167: Match the following terms with the appropriate

Q169: A company entered into the following transactions.

Q170: Match each definition with its term

Q171: Match each definition with its term

Q172: Match each item with its accounting system

Q173: Match each situation to the accounting information

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents