Solved

Match Each Definition with Its Term

Question 171

Matching

Match each definition with its term

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

Correct Answer:

An information system principle requiring that an accounting information system aid managers in controlling and monitoring business activities
A list of each customer from the accounts receivable ledger with their balances and the total
The special journal that is used to record all payments 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
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 analyisis and reporting
Programs that manage a company's vital operations which range from order-taking to manufacturing to accounting
The special journal used to record all receipts of cash
An information system principle requiring that an accounting system report useful, understandable, timely and pertinent information for decision making
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