Questions from Accounting Information Systems


Q: Revenue systems are crucial in the health care industry, where hundreds

Revenue systems are crucial in the health care industry, where hundreds of billions of dollars are spent annually reconciling revenues and billing data from the perspectives of providers (doctors and...

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Q: Use the process maps in this chapter to answer the following questions

Use the process maps in this chapter to answer the following questions: a. What would a credit manager do if a sales order received caused a customer to exceed its credit limit? b. What happens afte...

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Q: Describe how the use of prenumbered forms for receiving reports and credit

Describe how the use of prenumbered forms for receiving reports and credit memos can help a company determine that sales return transactions have not been omitted from the accounting records.

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Q: Why would the training of employees be an impediment to updating legacy

Why would the training of employees be an impediment to updating legacy systems?

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Q: Describe how a POS system could be useful to a company’s marketing

Describe how a POS system could be useful to a company’s marketing managers. How could it be useful to purchasing agents?

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Q: Briefly describe an example from your personal experience where you purchased something

Briefly describe an example from your personal experience where you purchased something from a company that uses a POS system. How might your experience have been different if the POS system did not e...

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Q: Describe what is likely to occur if company personnel erroneously recorded a

Describe what is likely to occur if company personnel erroneously recorded a purchase transaction for the wrong vendor. What if a cash disbursement were posted to the wrong vendor? Identify internal c...

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Q: Expenditures systems are crucial in the automobile manufacturing industry, where hundreds

Expenditures systems are crucial in the automobile manufacturing industry, where hundreds or thousands of parts must be purchased to manufacture cars. Briefly describe how EDI would be beneficial in t...

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Q: Describe how the matching of key information on supporting documents can help

Describe how the matching of key information on supporting documents can help a company determine whether purchase transactions have been properly executed.

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Q: Describe how an ERS system could improve the efficiency of expenditures processes

Describe how an ERS system could improve the efficiency of expenditures processes.

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