11 Questions
What major change occurs in the process of recording transactions under CIS environment?
The order of recording transactions from basic document to prime books and finally to principal book may not be followed strictly
How does mechanization impact the form of accounting records under CIS environment?
It changes the form of both intermediate and ultimate records more radically than manual records
What is one significant way that computerization impacts the process of recording transactions?
It may not strictly follow the sequential order of recording transactions
How are loose-leaf stationeries utilized in electronic medium different from bound handwritten records used in manual accounting processes?
They replace handwritten records and abandon the primary records
In what way does CIS mechanization impact accounting records?
It significantly changes the form of both intermediate and ultimate records
What is a primary change that occurs in the use of loose-leaf stationeries under CIS environment?
They replace bound handwritten records used in manual accounting processes
What issue may accountants and auditors face with the use of alpha-numeric codes in computerized information systems?
Difficulty in understanding various transactions
What problem arises due to the inadequacy or absence of cross-reference between basic documents and principal records in computerized information system environments?
Difficulty in tracing transactions from start to finish
What is a recent change that may pose a challenge for auditors in discharging businesses’ responsibilities in a computerized information system environment?
Increasing use of Relational Database Management Systems (RDBMS)
What is becoming crucial in systems development, leading to the use of CASE (Computer Aided Software Engineering) tools by many organizations?
Methodology adopted for systems development
What is end user computing, which is on the increase in a computerized information system environment?
Decentralized data processing
This quiz explores the impact of Computer Information Systems (CIS) on businesses and the accountancy profession. It covers topics such as changes in accounting processes, manual versus computer systems, and the influence of CIS on business operations.
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