Questions from Accounting Information Systems

Q: How does the misclassification of fixed asset expenditures result in misstatement of

How does the misclassification of fixed asset expenditures result in misstatement of financial statements?

Q: What are the three resources that an organization must have to conduct

What are the three resources that an organization must have to conduct a conversion (or transformation) process?

Q: Do conversion processes occur in manufacturing companies only? Why, or

Do conversion processes occur in manufacturing companies only? Why, or why not?

Q: Why are conversion activities typically considered routine data processes?

Why are conversion activities typically considered routine data processes?

Q: Differentiate between a bill of materials and an operations list.

Differentiate between a bill of materials and an operations list.

Q: Differentiate between the roles of the engineering and the research and development

Differentiate between the roles of the engineering and the research and development departments.

Q: What are the two types of documents or reports that are likely

What are the two types of documents or reports that are likely to trigger the conversion process?

Q: What types of information must be taken into consideration when scheduling production

What types of information must be taken into consideration when scheduling production?

Q: Differentiate between a routing slip and an inventory status report.

Differentiate between a routing slip and an inventory status report.

Q: Explain the risk categories for cloud computing and how these risks may

Explain the risk categories for cloud computing and how these risks may differ from a company that maintains its own IT hardware, software, and data.