Questions from Accounting Information Systems

Q: Lancaster Company makes electrical parts for contractors and home improvement retail stores

Lancaster Company makes electrical parts for contractors and home improvement retail stores. After their annual audit, Lancaster’s auditors commented on the following items regarding internal controls...

Q: The ABC Company runs two shifts, from 8:00 AM

The ABC Company runs two shifts, from 8:00 AM to Midnight. Backups and system maintenance are performed between midnight and 8:00 AM. For each of the following scenarios, determine whether the company...

Q: Match the following terms with their definitions: / /

Match the following terms with their definitions:

Q: The chart of accounts must be tailored to an organization’s specific needs

The chart of accounts must be tailored to an organization’s specific needs. Discuss how the chart of accounts for the following organizations would differ from the one presented for S&S in Table 2-4....

Q: Download a hash calculator that can create hashes for both files and

Download a hash calculator that can create hashes for both files and text input. Use it to create SHA-256 (or any other hash algorithm your instructor assigns) hashes for the following: a. A document...

Q: In recent years, Supersmurf’s external auditors have given clean opinions on

In recent years, Supersmurf’s external auditors have given clean opinions on its financial statements and favorable evaluations of its internal control systems. Discuss whether it is necessary for thi...

Q: The data processing cycle in Figure 2-1 is an example

The data processing cycle in Figure 2-1 is an example of a basic process found throughout nature. Relate the basic input/process/store/output model to the functions of the human body.

Q: Practice encryption using both any encryption capabilities provided by your computer’s operating

Practice encryption using both any encryption capabilities provided by your computer’s operating system and by using third-party encryption software. Required: a. Use your computer operating system’s...

Q: Your classmate asks you to explain flowcharting conventions using real-world

Your classmate asks you to explain flowcharting conventions using real-world examples. Draw each of the major flowchart symbols from memory, placing them into one of four categories: input/output, pr...

Q: A bank auditor met with the senior operations manager to discuss a

A bank auditor met with the senior operations manager to discuss a customer’s complaint that an auto loan payment was not credited on time. The customer said the payment was made on May 5, its due dat...