18 Questions
Which stage of the information system involves compiling, arranging, formatting, and presenting information to users?
Information Generation
What is a physical repository for financial data?
Database
Which element in a database management system identifies which data elements each user is authorized to access?
Database Management Tasks
In the data hierarchy, what is the first operational stage in the information system?
Data Collection
Which group manages computer resources for processing day-to-day transactions?
Data Processing
Which of the following terms represents a form of output that is sent back to the system as a source of data?
Feedback
What is the main difference between data and information?
Data are processed facts, while information causes the user to take an action.
Who are considered external users in the context of Accounting Information Systems (AIS)?
Creditors, stockholders, regulatory agencies
What role do end users play in an information system?
They are the individuals for whom the system is built.
In the context of AIS, what is the function of data sources?
Data sources are financial transactions entering the information system.
How does information differ from data in influencing users?
Information has a direct effect on user actions, data do not.
What distinguishes internal users from external users in AIS?
Internal users include management and operations personnel.
What is the main characteristic of centralized data processing?
Data processing is performed by one large computer at a central site.
What is the key feature of distributed data processing (DDP)?
It distributes information processing units to end users for their control.
What is a characteristic of commercial software packages?
They are pre-coded software that users purchase from a software vendor.
How does the distributed data processing model differ from the centralized data processing model?
Centralized data processing houses large computers at a central site, while distributed data processing distributes small information processing units to end users.
What is an advantage of centralized data processing over distributed data processing?
Cost-effective due to centralization and economies of scale
In the context of systems development, what does 'turnkey systems' refer to?
Systems that can be implemented with little or no modification
Explore the importance of data collection, data processing, and database management in the context of Accounting Information Systems. Learn about the operational stages and computer resources involved in the day-to-day processing of transactions.
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