Question: Match the term in the left column

> Repeat the simulation in Problem 13.21, assuming that the reorder point is 4 units rather than 2. Compare the costs for these two situations. Problem 13.21: Dumoor Appliance Center sells and services several brands of major appliances. Past sales for a

> Dumoor Appliance Center sells and services several brands of major appliances. Past sales for a particular model of refrigerator have resulted in the following probability distribution for demand: The lead time, in weeks, is described by the following d

> Refer to Problem 13.19. Suppose the sale of football programs described by the probability distribution in that problem applies only to days when the weather is good. When poor weather occurs on the day of a football game, the crowd that attends the game

> Every home football game for the past 8 years at Eastern State University has been sold out. The revenues from ticket sales are significant, but the sale of food, beverages, and souvenirs has contributed greatly to the overall profitability of the footba

> An increase in the size of the barge-unloading crew at the Port of New Orleans has resulted in a new probability distribution for daily unloading rates. In particular, Table 13.10 may be revised as shown here: Table 13.10: DAILY UNLOADING RATE PROBABIL

> Refer to the data in Solved Problem 13.1, which deals with Higgins Plumbing and Heating. Higgins has now collected 100 weeks of data and finds the following distribution for sales: HOT WATER NUMBER OF HEATER SALES WEEKS THIS PER WEEK NUMBER WAS SOLD 3

> Compute the expected number of cars arriving in Problem 13.15 using the expected value formula. Compare this with the results obtained in the simulation. Problem 13.15: The number of cars arriving per hour at Lundberg’s Car Wash during the past 200 hour

> The number of cars arriving per hour at Lundberg’s Car Wash during the past 200 hours of operation is observed to be the following: NUMBER OF CARS ARRIVING FREQUENCY 3 or fewer ……â€&

> Clark Property Management is responsible for the maintenance, rental, and day-to-day operation of a large apartment complex on the east side of New Orleans. George Clark is especially concerned about the cost projections for replacing air conditioner com

> What are the major differences between PERT and CPM?

> Ye Olde Creamery, a popular ice cream store on campus, has one line for its tasty treats. Students arrive at the Creamery about one every minute. Because of the new automated “Wave N Pay” payment system, it only takes about 40 seconds, on the average, to

> The typical subway station in Washington, D.C., has six turnstiles, each of which can be controlled by the station manager to be used for either entrance or exit control—but never for both. The manager must decide at different times of the day just how m

> A technician monitors a group of five computers that run an automated manufacturing facility. It takes an average of 15 minutes (exponentially distributed) to adjust a computer that develops a problem. The computers run for an average of 85 minutes (Pois

> One mechanic services five drilling machines for a steel plate manufacturer. Machines break down on an average of once every 6 working days, and breakdowns tend to follow a Poisson distribution. The mechanic can handle an average of one repair job per da

> For the Billy’s Bank situation in Problems 12-24 and 12-25, the salary and benefits for a teller would be $12 per hour. The bank is open 8 hours each day. It has been estimated that the waiting time cost is $25 per hour in the line. (a). How many custo

> Bill First, general manager of Worth more Department Store, has estimated that every hour of customer time spent waiting in line for a sales clerk to become available costs the store $100 in lost sales and goodwill. Customers arrive at the checkout count

> Juhn (of Problem 12-19) is considering building a second platform or gate to speed the process of loading the fruit trucks. This, he thinks, will be even more efficient than simply hiring another loader to help out the first platform (as in Problem 12-20

> Truck drivers working for Juhn and Sons (see Problems 12-19 and 12-20) are paid a salary of $20 per hour on average. Fruit loaders receive about $12 per hour. Truck drivers waiting in the queue or at the loading gate are drawing a salary but are producti

> Juhn believes that adding a second fruit loader will substantially improve the firm’s efficiency. He estimates that a two-person crew, still acting like a single-server system, at the loading gate will double the loading rate from 4 trucks per hour to 8

> Juhn and Sons Wholesale Fruit Distributors employs one worker whose job is to load fruit on outgoing company trucks. Trucks arrive at the loading gate at an average of 24 per day, or 3 per hour, according to a Poisson distribution. The worker loads them

> What is crashing, and how is it done by hand?

> Alabama Airlines opened its doors in June 1995 as a commuter service with its headquarters and only hub located in Birmingham. A product of airline deregulation, Alabama Air joined the growing number of successful short-haul, point-to-point airlines, inc

> a. Develop a context diagram and a level 0 DFD of the acquisition/payment system at Oriental Trading. b. Prepare a document flowchart to document the acquisition/payment system at Oriental Trading.  

> a. Prepare a document flowchart that indicates the interaction and use of these documents among all departments at Beccan Company’s central facility. It should provide adequate internal control over the receipt, issuance, replenishment, and payme

> Tiny Toddlers, a manufacturer of children’s toys and furniture, is designing and implementing a distributed system to assist its sales force. Each of the 10 sales offices in Canada and 20 in the United States maintains its own customers and is re

> A recently completed feasibility study to upgrade XYZ‟s computer system shows the following benefits. Compensation figures in parentheses include wages, benefits, and payroll taxes. 1. Production a. Market forecasts, which take two $400 person-days a

> Rossco is considering the purchase of a new computer with the following estimated costs: initial systems design, $54,000; hardware, $74,000; software, $35,000, one-time initial training, $11,000; system installation, $20,000; and file conversion, $12,0

> At Big Time University (BTU) students are allowed to purchase two basketball tickets for each home game. Each ticket contains the date of the game, and the seat information, such as section, row, and individual seat number. Students pay for each game i

> The XYZ Company sells tools and parts to automotive repair shops. Shops call in orders; all orders received by noon are delivered the same day. Between 12:00 and 1:00, the system prints out schedules. From 1:00 to 5:00, drivers make deliveries accordin

> The Mesa Veterinary Hospital is run by Dr. Brigitte Roosevelt. She has two employees in the office and has asked you to develop a database to help better track her data. Dr. Roosevelt currently uses her personal computer only for word processing, but s

> We-Fix-Computers, Inc. provides spare parts and service for a wide variety of computers. Customers may purchase parts to take home for do-it-yourself repairs, or they may bring their systems in for repair, in which case they pay for both the parts and

> Develop a set of tables to implement the integrated REA diagram you developed in Problem 17.6 for the Computer Warehouse in a relational database. Specify a primary key for each table, and suggest at least one other attribute that should be included in

> Refer to Problems 17.8 and 17.9 for information about the revenue and expenditure cycles for the Computer Warehouse and use that information to draw an integrated REA diagram for both cycles.  

> Prepare a document flowchart to reflect how ANGIC Insurance Company processes its casualty claims.  

> Develop a set of tables to implement the integrated REA diagram you developed in Problem 18.3 for Sue’s Gallery in a relational database. Specify a primary key for each table, and suggest at least one other attribute that should be included in ea

> Refer to Problems 17.3 and 17.4 for information about Sue’s Gallery’s revenue and expenditure cycle activities in order to draw an integrated REA diagram of both cycles.  

> Develop a set of tables to implement the integrated REA diagram you developed in Problem 18.1 for Joe’s ice-cream shop in a relational database. Specify a primary key for each table, and suggest at least one other attribute that should be include

> Refer to Problem 17.10 and develop a set of tables to implement the REA diagram you developed for Stan’s Southern Barbeque Supply Store. Identify the primary and foreign keys for each table, and don’t forget to address any M:N relationships

> Refer to Problems 17.1 and 17.2 for information about the revenue and expenditure cycle activities for Joe’s ice-cream shop in order to draw an integrated REA diagram of both cycles.  

> The Computer Warehouse purchases its inventory from more than a dozen different vendors. Orders are placed via telephone, fax, or on the supplier’s Web site. Most orders are delivered the next day. Most orders are filled completely in one shipmen

> The Computer Warehouse sells computer hardware, software, and supplies (such as paper). Individual customers just walk into the store, select merchandise, and must pay for their purchases in full before leaving the store. Corporate customers, however,

> Develop a data model of Fred’s Train Shop’s expenditure cycle activities related to the acquisition of office equipment and other fixed assets. Fred sometimes orders multiple pieces of equipment. Vendors usually ship the entire order, but s

> Sue’s Gallery only purchases finished paintings (it never commissions artists). It pays each artist 50% of the agreed price at the time of purchase, and the remainder after the painting is sold. All purchases are paid by check from Sue’s ma

> Sue’s Gallery sells original paintings by local artists. All sales occur in the store. Sometimes customers purchase more than one painting. Individual customers must pay for purchases in full at the time of sale. Corporate customers, such as hote

> Prepare a system flowchart of the process described.  

> Joe, the owner of the ice-cream shop, purchases ice cream from two vendors. Over the years, he has developed good relationships with both vendors so that they allow Joe to pay them biweekly for all purchases made during the preceding two-week period. J

> Stan’s Southern Barbeque Supply Store orders mass-produced barbecue products from various suppliers. Stan’s maintains information about a contact person at each supplier along with all required address information. Each purchase order has t

> Joe’s is a small ice-cream shop located near the local university’s baseball field. Joe’s serves walk-in customers only. The shop carries 26 flavors of ice cream. Customers can buy cones, sundaes, or shakes. When a customer pays for a

> Use Table 16-1 to create a questionnaire checklist that can be used to evaluate controls in the general ledger and reporting cycle. a. For each control issue, write a Yes/No question such that a “No” answer represents a control weakness. F

> You have been hired to evaluate the payroll system for the Skip-Rope Manufacturing Company. The company processes its payroll in-house. Use Table 15-1 as a reference to prepare a list of questions to evaluate Skip-Rope’s internal control structur

> Match the terms in the left column with the appropriate definition from the right column.  

> The ABC Company performs its expenditure cycle activities using its integrated ERP system as follows:  Employees in any department can enter purchase requests for items they note as being either out of stock or in small quantity. The company maint

> Create a questionnaire checklist that can be used to evaluate controls for each of the four basic activities in the revenue cycle (sales order entry, shipping, billing, and cash collections). a. For each control issue, write a Yes/No question such tha

> Robinson’s Plastic Pipe Corporation uses a data processing system for inventory. The input to this system is shown in Table 11-7. You are using an input controls matrix to help audit the source data controls. Prepare an input controls matrix

>   a. Draw a system flowchart of the billing operations, commencing with the computer preparation of the meter reading forms and ending with the mailing of customer bills. b. Draw a system flowchart depicting customer payments processing, start

> The following table lists the actions that various employees are permitted to perform:  

> Agents submit a completed expense reimbursement form to their branch manager at the end of each week. The branch manager reviews the expense report to determine whether the claimed expenses are reimbursable based on the company’s expense reimburs

> Match the data security computer fraud and abuse technique in the left column with the scenario in the right column. Terms may be used once, more than once, or not at all.  

> Match the data security computer fraud and abuse technique in the left column with the scenario in the right column. Terms may be used once, more than once, or not at all.  

> Match the data related computer fraud and abuse technique in the left column with the scenario in the right column. Terms may be used once, more than once, or not at all.  

> Match the data communications-related computer fraud and abuse technique in the left column with the scenario in the right column. Terms may be used once, more than once, or not at all.  

> Match the internet related computer fraud and abuse technique in the left column with the scenario in the right column. Terms may be used once, more than once, or not at all.  

> Prepare a program flowchart to help Melanie program this process.  

> The computer frauds that are publicly revealed represent only the tip of the iceberg. Although many people perceive that the major threat to computer security is external, the more dangerous threats come from insiders. Management must recognize these p

> The BusyB Company wants to store data about employee skills. Each employee may possess one or more specific skills and several employees may have the same skill. Include the following facts in the database: date hired date skill employee date of birt

> Prepare flowcharting segments for each of the following operations: a. processing transactions stored on magnetic tape to update a master file stored on magnetic tape b. processing transactions stored on magnetic tape to update a database stored on a

> Wong Engineering Corp (WEC) operates in 25 states and three countries. WEC faced a crucial decision: choosing network software that would maximize functionality, manageability, and end-user acceptance of the system. WEC developed and followed a four-step

> A federal agency signed a 15-month contract for $445,158 for a human resources/payroll system. After 28 months and no usable software, the agency canceled the contract and withheld payment for poor performance. A negotiated settlement price of $970,000 w

> Don Otno has been researching software options but cannot decide among three alternatives. Don started his search at Computers Made Easy (CME) and almost wished he had looked no further. Steve Young, the manager of CME, appeared knowledgeable and listene

> PWR manufactures precision nozzles for fire hoses. Ronald Paige, an engineer, started the corporation and it has experienced steady growth. Reporting to Ronald are six vice presidents representing marketing, production, research and development, informat

> Recent years have brought an explosive growth in electronic communication. Laptops, netbooks, e-readers, personal digital assistants, sophisticated cell phones, fax machines, e-mail, teleconferencing, office productivity software, and sophisticated manag

> The following list presents specific project activities and their scheduled starting and completion times: Activity Starting Date Ending Date A Jan. 5 Feb. 9 B Jan. 5 Jan. 19 C Jan. 26 Feb. 23 D Mar. 2 Mar. 23 E Mar. 2 Mar. 16

> The controller of Tim’s Travel (TT) is deciding between upgrading the company’s existing computer system or replacing it with a new one. Upgrading the four-year-old system will cost $97,500 and extend its useful life for another seven years. The book val

> Wright Company’s information system was developed in stages over the past five years. During the design process, department heads specified the information and reports they needed. By the time development began, new department heads were in place, and th

> Mary Smith is the bookkeeper for Dave’s Distributing Company, a distributor of soft drinks and juices. Because the company is rather small, Mary performs all daily accounting tasks herself. Dave, the owner of the company, supervises the warehouse/deliver

> Joanne Grey, a senior consultant, and David Young, a junior consultant, are conducting a systems analysis for a client to determine the feasibility of integrating and automating clerical functions. Joanne had previously worked for the client, but David w

> The specific solution will vary depending upon the DBMS and REA data model used. Therefore, we present only the query logic here for the model depicted in Figure 18.4. 1. Calculate total Accounts Receivable. 2. Calculate Accounts Receivable for a speci

> Managers at some companies face an ongoing systems development crisis: IS departments develop systems that businesses cannot or will not use. At the heart of the problem is a “great divide” that separates the world of business and the world of IS. Few de

> Remnants, Inc., with headquarters in St. Louis, manufactures designer clothing. The company markets and services its products by region, with each functioning as a profit center. Each region has a manager, an accounting department, a human resources depa

> Don Richardson, JEM Corporation’s vice president of marketing, is part of a management team that for several months has been discussing plans to develop a new line of business. Rumors about the major organizational changes that may be required to impleme

> Businesses often modify or replace their financial information system to keep pace with their growth and take advantage of improved IT. This requires a substantial time and resource commitment. When an organization changes its AIS, a systems analysis tak

> How do you get a grizzled veteran police officer who is used to filling out paper forms to use a computer to process his arrests and casework—especially when he has little or no experience using a computer? That was the problem facing the Chicago Police

> Bernie’s Pet Store sells pet food, toys, and supplies. Bernie, the owner, is the only person who places orders with suppliers. He is also the only person who writes checks. Suppliers ship each order individually; if they are out of an item, they back ord

> Assume that Stained Glass Artistry, a new shop that specializes in making stained glass artwork, has hired you to design an integrated database that will provide the owners with the accounting information they need to effectively manage the business. Sta

> Your university hires you to implement a database system for the library network. You have interviewed several librarians, and the following summarizes these discussions: • The library’s main goal is to provide students and professors with access to boo

> Refer to Figure 18.4 and Table 18-1 to write the query logic needed to answer the following questions. (Optional: If requested by your instructor, write your queries in SQL or a Query-By-Example graphical interface.) Some answers may require more than on

> Explain how to calculate the total amount of Accounts Payable:

> Sparky’s Amusement Park is an entertainment park run by recent college graduates. It caters to young people and others who are young at heart. The owners are very interested in applying what they have learned in their information systems and marketing cl

> The following tables and attributes exist in a relational database: Draw an REA diagram for this database. State any additional assumptions you need to make about cardinalities. Table Attributes Vendor Vendor#, name, street address, city, state Purc

> Model the cardinalities of the following business policies: a. The relationship between the Sale and Receive Cash events for installment sales. b. The relationship between the Sale and Receive Cash events at a convenience store. c. The Take Customer O

> Provide an example (in terms of companies with which you are familiar) for each of the business situations described by the following relationship cardinalities: a b. c. d. e. f. g. h. i. j. Sales Receive Cash Sales Inventory Receive Disburse Invento

> Read the article “Make Excel an Instant Know-It-All” by Roberta Ann Jones in the March 2004 issue of the Journal of Accountancy. (Available at www.aicpa.org) a. Follow the instructions in the article to create a spreadsheet with pivot tables. b. Print o

> Objective: Practice graph design principles. a. Sales b. Sales and Gross Margin c. Earnings per share d. Which principles of graph design, if any, did you have to manually implement to over-ride the default graphs created by Excel? Use the data

> As manager of a local pizza parlor, you want to develop a balanced scorecard so you can more effectively monitor the restaurant’s performance. a. Propose at least two goals for each dimension, and explain why those goals are important to the overall suc

> Explain the components of an audit trail for verifying changes to accounts payable. Your answer should specify how those components can be used to verify the accuracy, completeness, and validity of all purchases, purchase returns, purchase discounts, deb

> Which control procedure would be most effective in addressing the following problems? a. When entering a journal entry to record issuance of new debt, the treasurer inadvertently transposes two digits in the debit amount. b. The spreadsheet used to cal

> a. Read the article “Tweaking the Numbers,” by Theo Callahan in the June 2001 issue of the Journal of Accountancy (either the print edition, likely available at your school’s library, or access the Jo

> What is the purpose of each of the following control procedures (i.e., what threats is it designed to mitigate)? a. Compare a listing of current and former employees to the payroll register. b. Reconciliation of labor costs (based on job-time ticket dat

> Payroll has traditionally been an accounting function and some CPAs have provided payroll processing services to their clients. Today, CPAs are finding additional new lucrative opportunities to provide not only payroll processing but also various HR serv

> Objective: Learn how to use the VLOOKUP function for payroll calculations. a. Read the article “Make Excel a Little Smarter” by Lois S. Mahoney and Charles Kelliher in the Journal of Accountancy (July 2003). You can find a copy at www.aicpa.org. b. Rea