Questions from Accounting Information Systems


Q: Explain the necessity of supervision over fixed assets.

Explain the necessity of supervision over fixed assets.

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Q: What are the three primary components of logistics?

What are the three primary components of logistics?

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Q: Why is it important to separate the functions of inventory control and

Why is it important to separate the functions of inventory control and the production stations? What could go wrong if these functions were not separated?

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Q: Why is it so important that variance reports be prepared in a

Why is it so important that variance reports be prepared in a timely manner?

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Q: Explain how a physical inventory count would differ in a company using

Explain how a physical inventory count would differ in a company using a perpetual inventory system versus one using a period inventory system.

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Q: How can programmed controls within the IT system for conversion processes enhance

How can programmed controls within the IT system for conversion processes enhance internal controls?

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Q: What is the difference between CAD, CAM, and CIM?

What is the difference between CAD, CAM, and CIM?

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Q: What is the difference between MRP, MRP‐II, and

What is the difference between MRP, MRP‐II, and ERP?

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Q: How can conversion processes be manipulated to show higher earnings?

How can conversion processes be manipulated to show higher earnings?

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Q: Think of a company that you have worked for or with which

Think of a company that you have worked for or with which you have done business. Which departments within the company need reports generated by the accounting information systems?

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