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Study sets matching "accounting information systems chapter 12"

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Study sets matching "accounting information systems chapter 12"

45 terms
Accounting Information Systems Chapter 12
Revenue cycle
Revenue cycle primary objective
4 Basic Revenue cycle Activities
1st general threat to revenue cycle
a recurring set of business activities and related informatio…
to provide the right product in the right place at the right…
1. Sales order entry 2. Shipping 3. Billing 4. Cash collections
inaccurate or invalid master file
Revenue cycle
a recurring set of business activities and related informatio…
Revenue cycle primary objective
to provide the right product in the right place at the right…
45 terms
Accounting Information Systems Chapter 12
Revenue cycle
Revenue cycle primary objective
4 Basic Revenue cycle Activities
1st general threat to revenue cycle
a recurring set of business activities and related informatio…
to provide the right product in the right place at the right…
1. Sales order entry 2. Shipping 3. Billing 4. Cash collections
inaccurate or invalid master file
Revenue cycle
a recurring set of business activities and related informatio…
Revenue cycle primary objective
to provide the right product in the right place at the right…
34 terms
Accounting Information Systems Chapter 12
Revenue Cycle
Basic Activities of the Revenue Cycle
Steps in the Sales Order Process
Steps in the Shipping Process
The recurring set of business activities & data processing op…
1. Sales Order Entry ... 2. Shipping ... 3. Billing ... 4. Cash Collec…
1. Taking the Customer's Order... 2. Checking & Approving Custom…
1. Picking & Packing the Order ... 2. Shipping the Order
Revenue Cycle
The recurring set of business activities & data processing op…
Basic Activities of the Revenue Cycle
1. Sales Order Entry ... 2. Shipping ... 3. Billing ... 4. Cash Collec…
24 terms
Accounting Information Systems Chapter 12
Revenue Cycle
Sales Order
Electronic Data Interchange (EDI)
Credit Limit
The recurring set of business activities and data processing…
The document created during sales order entry listing the ite…
The use of computerized communications and a standard coding…
The maximum allowable credit account balance for each custome…
Revenue Cycle
The recurring set of business activities and data processing…
Sales Order
The document created during sales order entry listing the ite…
45 terms
Accounting Information Systems Chapter 12
Revenue cycle
Revenue cycle primary objective
4 Basic Revenue cycle Activities
1st general threat to revenue cycle
a recurring set of business activities and related informatio…
to provide the right product in the right place at the right…
1. Sales order entry 2. Shipping 3. Billing 4. Cash collections
inaccurate or invalid master file
Revenue cycle
a recurring set of business activities and related informatio…
Revenue cycle primary objective
to provide the right product in the right place at the right…
45 terms
Accounting Information Systems Chapter 12
Revenue cycle
Revenue cycle primary objective
4 Basic Revenue cycle Activities
1st general threat to revenue cycle
a recurring set of business activities and related informatio…
to provide the right product in the right place at the right…
1. Sales order entry 2. Shipping 3. Billing 4. Cash collections
inaccurate or invalid master file
Revenue cycle
a recurring set of business activities and related informatio…
Revenue cycle primary objective
to provide the right product in the right place at the right…
28 terms
Accounting Information Systems Chapter 12
Revenue cycle
Revenue cycle primary objective
4 Basic Revenue cycle Activities
Revenue Margin
a recurring set of business activities and related informatio…
to provide the right product in the right place at the right…
1. Sales order entry 2. Shipping 3. Billing 4. Cash collections
a metric to evaluate overall performance of revenue cycle act…
Revenue cycle
a recurring set of business activities and related informatio…
Revenue cycle primary objective
to provide the right product in the right place at the right…
24 terms
Accounting Information Systems Chapter 12
Revenue Cycle
Sales Order
Electronic Data Interchange (EDI)
Credit Limit
The recurring set of business activities and data processing…
The document created during sales order entry listing the ite…
The use of computerized communications and a standard coding…
The maximum allowable credit account balance for each custome…
Revenue Cycle
The recurring set of business activities and data processing…
Sales Order
The document created during sales order entry listing the ite…
18 terms
Accounting Information Systems: Chapter 12
application solution stack
bug
critical path
cutover point
a group of software components needed to deliver a workable a…
a computer programming error that is not detected until the p…
a list of activities that are critical in that if any one of…
the point in time under the direct approach to implementation…
application solution stack
a group of software components needed to deliver a workable a…
bug
a computer programming error that is not detected until the p…
45 terms
Accounting Information Systems Chapter 12
Revenue cycle
Revenue cycle primary objective
4 Basic Revenue cycle Activities
1st general threat to revenue cycle
a recurring set of business activities and related informatio…
to provide the right product in the right place at the right…
1. Sales order entry 2. Shipping 3. Billing 4. Cash collections
inaccurate or invalid master file
Revenue cycle
a recurring set of business activities and related informatio…
Revenue cycle primary objective
to provide the right product in the right place at the right…
75 terms
Accounting Information Systems Chapter 12
packet switching
advanced encryption standard
algorithm
application-level firewall
messages are divided into small packets for transmission
also known as Rijndael, a private key (or symmetric key) encr…
procedure of shifting each letter in the cleartext message by…
provides high-level network security
packet switching
messages are divided into small packets for transmission
advanced encryption standard
also known as Rijndael, a private key (or symmetric key) encr…
45 terms
Accounting Information Systems Chapter 12
Revenue cycle
Revenue cycle primary objective
4 Basic Revenue cycle Activities
1st general threat to revenue cycle
a recurring set of business activities and related informatio…
to provide the right product in the right place at the right…
1. Sales order entry 2. Shipping 3. Billing 4. Cash collections
inaccurate or invalid master file
Revenue cycle
a recurring set of business activities and related informatio…
Revenue cycle primary objective
to provide the right product in the right place at the right…
27 terms
Accounting Information Systems Chapter 12
Access point
Audit around the computer (or black-bo…
Audit through the computer (or white-b…
Computer-assisted audit techniques (CA…
Logically connects stations to a firm's network
Auditors test the reliability of computer-generated informati…
Requires auditors to understand the internal logic of the sys…
Essential tools for auditors to conduct an audit in accordanc…
Access point
Logically connects stations to a firm's network
Audit around the computer (or black-bo…
Auditors test the reliability of computer-generated informati…
13 terms
Accounting Information Systems - Chapter 12
revenue cycle
sales order
electronic data interchange (EDI)
picking ticket
the recurring set of business activities and data processing…
the document created during sales order entry listing the ite…
the used of computerized communications and a standard coding…
a document that lists the items and quantities ordered and au…
revenue cycle
the recurring set of business activities and data processing…
sales order
the document created during sales order entry listing the ite…
34 terms
Accounting Information Systems Chapter 12
Revenue Cycle
Basic Activities of the Revenue Cycle
Steps in the Sales Order Process
Steps in the Shipping Process
The recurring set of business activities & data processing op…
1. Sales Order Entry ... 2. Shipping ... 3. Billing ... 4. Cash Collec…
1. Taking the Customer's Order... 2. Checking & Approving Custom…
1. Picking & Packing the Order ... 2. Shipping the Order
Revenue Cycle
The recurring set of business activities & data processing op…
Basic Activities of the Revenue Cycle
1. Sales Order Entry ... 2. Shipping ... 3. Billing ... 4. Cash Collec…
45 terms
Accounting Information Systems Chapter 12
Revenue cycle
Revenue cycle primary objective
4 Basic Revenue cycle Activities
1st general threat to revenue cycle
a recurring set of business activities and related informatio…
to provide the right product in the right place at the right…
1. Sales order entry 2. Shipping 3. Billing 4. Cash collections
inaccurate or invalid master file
Revenue cycle
a recurring set of business activities and related informatio…
Revenue cycle primary objective
to provide the right product in the right place at the right…
45 terms
Accounting Information Systems Chapter 12
Revenue cycle
Revenue cycle primary objective
4 Basic Revenue cycle Activities
1st general threat to revenue cycle
a recurring set of business activities and related informatio…
to provide the right product in the right place at the right…
1. Sales order entry 2. Shipping 3. Billing 4. Cash collections
inaccurate or invalid master file
Revenue cycle
a recurring set of business activities and related informatio…
Revenue cycle primary objective
to provide the right product in the right place at the right…
10 terms
Accounting Information Systems Chapter 12 p. 250-254 (ACCT 371)
audit around the computer
audit through the computer
computer assisted audit techniques (CA…
continuous audit
testing the reliability of computer generated information by…
requires auditors to understand the internal logic of the sys…
essential tools for auditors to conduct an audit in accordanc…
performing audit related activities on a continuous basis
audit around the computer
testing the reliability of computer generated information by…
audit through the computer
requires auditors to understand the internal logic of the sys…
45 terms
Accounting Information Systems Chapter 12
Revenue cycle
Revenue cycle primary objective
4 Basic Revenue cycle Activities
1st general threat to revenue cycle
a recurring set of business activities and related informatio…
to provide the right product in the right place at the right…
1. Sales order entry 2. Shipping 3. Billing 4. Cash collections
inaccurate or invalid master file
Revenue cycle
a recurring set of business activities and related informatio…
Revenue cycle primary objective
to provide the right product in the right place at the right…
45 terms
Accounting Information Systems Chapter 12
Revenue cycle
Revenue cycle primary objective
4 Basic Revenue cycle Activities
1st general threat to revenue cycle
a recurring set of business activities and related informatio…
to provide the right product in the right place at the right…
1. Sales order entry 2. Shipping 3. Billing 4. Cash collections
inaccurate or invalid master file
Revenue cycle
a recurring set of business activities and related informatio…
Revenue cycle primary objective
to provide the right product in the right place at the right…
83 terms
Accounting Information Systems (Chapter 12)
The recurring set of business activiti…
What is the revenue cycle's primary ob…
What the 4 basic revenue cycle activit…
What are 4 general threats to the reve…
Revenue Cycle
To provide the right product in the right place at the right…
-Sales order entry... -Shipping ... -Billing... -Cash collections
-Invalid or inaccurate master data... -Unauthorized disclosure o…
The recurring set of business activiti…
Revenue Cycle
What is the revenue cycle's primary ob…
To provide the right product in the right place at the right…
31 terms
Accounting Information Systems: Chapter 12 Key Terms
Purchasing Process
Supply Chain
Supply Chain Management
SCM Software
An interacting structure of People, Equipment, Activities, an…
Comprises the connections from the suppliers of merchandise a…
The combination of processes and procedures used to ensure th…
Helps an organization execute the steps in the supply chain
Purchasing Process
An interacting structure of People, Equipment, Activities, an…
Supply Chain
Comprises the connections from the suppliers of merchandise a…
24 terms
ACFI 890 - Accounting Information Systems // Chapter 12
Revenue Cycle
Sales Order
Electronic Data Interchange (EDI)
Credit Limit
Recurring set of business activities and data processing oper…
Document created during sales order entry listing the item nu…
Use of computerized communications and a standard coding sche…
The maximum allowable credit account balance for each custome…
Revenue Cycle
Recurring set of business activities and data processing oper…
Sales Order
Document created during sales order entry listing the item nu…
31 terms
Accounting Information Systems: Chapter 12 Key Terms
Purchasing Process
Supply Chain
Supply Chain Management (SCM)
SCM Software
An interacting structure of People, Equipment, Activities, an…
Comprises the connections from the suppliers of merchandise a…
The combination of processes and procedures used to ensure th…
Helps an organization execute the steps in the supply chain
Purchasing Process
An interacting structure of People, Equipment, Activities, an…
Supply Chain
Comprises the connections from the suppliers of merchandise a…
37 terms
Accounting Information Systems Chapter 12 & 13
Purchasing Process
Purchasing Manager
Receiving Supervisor
Supply Chain
an interacting structure of people, equipment, activities and…
performs major buying activities and the required administrat…
responsible for receiving incoming goods, signing the bill of…
the connections from the suppliers of merchandise and raw mat…
Purchasing Process
an interacting structure of people, equipment, activities and…
Purchasing Manager
performs major buying activities and the required administrat…
41 terms
Accounting Information Systems: Chapter 12 Key Terms
Purchasing Process
Supply Chain
Supply Chain Management (SCM)
SCM Software
An interacting structure of People, Equipment, Activities, an…
Comprises the connections from the suppliers of merchandise a…
The combination of processes and procedures used to ensure th…
Helps an organization execute the steps in the supply chain
Purchasing Process
An interacting structure of People, Equipment, Activities, an…
Supply Chain
Comprises the connections from the suppliers of merchandise a…
18 terms
Accounting Information Systems: Chapter 12 and 18 Vocab
Concentrated Keys
Revenue Cycle
Sales Order
Electronic Data Interchange (EDI)
Two or more primary keys of other database tables that, toget…
The recurring set of business activities and data processing…
The document created during sales order entry listing the ite…
The use of computerized communications and a standard coding…
Concentrated Keys
Two or more primary keys of other database tables that, toget…
Revenue Cycle
The recurring set of business activities and data processing…
38 terms
Accounting Information Systems Chapter 12 - Administrative Processes
Accounting Business Processes Cycles
What is the closing process for the en…
What is a journal entry?
What is the difference between a journ…
...
Closing the general ledger. Usually for the month end or year…
The process of entering a transaction into a journal.
The journal voucher is a source document. The journal entry i…
Accounting Business Processes Cycles
...
What is the closing process for the en…
Closing the general ledger. Usually for the month end or year…
29 terms
Accounting Information Systems Chapter 12 ( The Revenue Cycle: Sales to Cash Collections)
1) Sales Order Entry... 2) Shipping... 3) Bi…
1) Take the customer order... 2) Approve…
Sales Order Entry Processing: Controls…
Sales Order Entry Processing: Controls…
Basic revenue cycle activities
Sales Order Entry Processing steps
Incomplete/inaccurate orders
Invalid orders
1) Sales Order Entry... 2) Shipping... 3) Bi…
Basic revenue cycle activities
1) Take the customer order... 2) Approve…
Sales Order Entry Processing steps
24 terms
(Final 310) Accounting Information Systems Chapter 12
Revenue Cycle
Sales Order
Electronic Data Interchange (EDI)
Credit Limit
The recurring set of business activities and data processing…
The document created during sales order entry listing the ite…
The use of computerized communications and a standard coding…
The maximum allowable credit account balance for each custome…
Revenue Cycle
The recurring set of business activities and data processing…
Sales Order
The document created during sales order entry listing the ite…
Information Systems Chapter 12
Group Support Systems
Electronic Meeting Systems
Geographic Information System
Structured Decisions
Assists Decision makers working in groups. these systems use…
Enable decision makers in different locations to participate…
Captures, stores, posses, and displays geographic information…
programmable tasks, can be automated because a well-defined s…
Group Support Systems
Assists Decision makers working in groups. these systems use…
Electronic Meeting Systems
Enable decision makers in different locations to participate…
19 terms
Managing Information Systems Chapter 12
Choice Phase
Decision Support System (DSS)
Design Phase
Digital Dashboard
the best and most effective course of action is chosen.
an interactive information system consisting of hardware, sof…
the objective is to define criteria for the decision, generat…
integrates information from multiple sources and presents it…
Choice Phase
the best and most effective course of action is chosen.
Decision Support System (DSS)
an interactive information system consisting of hardware, sof…
24 terms
Accounting Information Systems Chapter 1
System
Goal conflict
Goal congruence
Data
1. two or more interrealted components that interact to achie…
occures when a subsystem is inconsistent with the goals of an…
achieved when a subsystem achieves its goals while contributi…
facts that are collected, recorded, stored, and processed by…
System
1. two or more interrealted components that interact to achie…
Goal conflict
occures when a subsystem is inconsistent with the goals of an…
44 terms
Information systems chapter 12
Threat
vulnerability
safeguard
target
You jiggle when you jump
an opportunity for threats to gain access to individual or or…
some measure that individuals or organizations take to block…
the asset that is desired by the threat
Threat
You jiggle when you jump
vulnerability
an opportunity for threats to gain access to individual or or…
46 terms
Accounting Information Systems-Ch 12-The Revenue Cycle
Revenue Cycle:
Primary Objective of Revenue Cycle:
4 Revenue Cycle Activities:
Three general threats in Revenue Cycle:
Business activities/information processing for providing good…
Right product, Right place, Right time, Right price.
1: Sales order entry.... 2: Shipping.... 3: Billing...... 4: Cash coll…
1: Inaccurate/in-valid master data. ... 2: Unauthorized disclosu…
Revenue Cycle:
Business activities/information processing for providing good…
Primary Objective of Revenue Cycle:
Right product, Right place, Right time, Right price.
27 terms
Information Systems Chapter 12
computer programming
software engineering
problem statement
VDE (visual development environment)
encompasses a broad set of activities that include planning,…
a development process that uses mathematical, engineering, an…
defines certain elements that must be manipulated to achieve…
provides programmers with tools to build substantial sections…
computer programming
encompasses a broad set of activities that include planning,…
software engineering
a development process that uses mathematical, engineering, an…
27 terms
Information Systems- Chapter 12
Project
Project management
Initiating processes
Project charter
A temporary activity launched for a specific purpose, to carr…
A systematic approach to project planning, organizing, and ma…
Processes that lay the groundwork for the project by clarifyi…
A document that authorizes a project that includes a clear st…
Project
A temporary activity launched for a specific purpose, to carr…
Project management
A systematic approach to project planning, organizing, and ma…
10 terms
Accounting Systems Chapter 12
Low-end accounting software is increas…
Which of the following reasons might e…
Which of the following accounting soft…
Mid-level accounting software:... a) can…
C
D
C
B
Low-end accounting software is increas…
C
Which of the following reasons might e…
D
27 terms
Information System - Chapter 12
project
project management
initiating process
project charter
a temporary activity launched for a specific purpose, to carr…
a systematic approach to project planning, organizing, and ma…
processes that lay the ground work for the project by clarify…
a document that authorizes a project that includes a clear st…
project
a temporary activity launched for a specific purpose, to carr…
project management
a systematic approach to project planning, organizing, and ma…
24 terms
Accounting systems chapter 12
Operating system
Operating system does the following
O/s Must
Local Area Network (LAN)
The most important system software because it performs the ta…
Ensures the integrity of system. Controls the flow of multi p…
Protect itself from users, users from each other, users from…
A group of computers, printer and othe devive Connected to th…
Operating system
The most important system software because it performs the ta…
Operating system does the following
Ensures the integrity of system. Controls the flow of multi p…
27 terms
Chapter 12: Information systems
System Development
System Development Life Cycle (SDLC)
System Development should follow three…
Project management
is a set of activities used to build an Information System
System development activities are grouped into phases, called…
Group activities or tasks into phases, involve users, define…
is planning, scheduling, and controlling System Development a…
System Development
is a set of activities used to build an Information System
System Development Life Cycle (SDLC)
System development activities are grouped into phases, called…
17 terms
Information Systems Chapter 12
ERP
What is an example of ERP?
How much money is ERP?
TPS
Enterprise Resource Planning
Oracle or SAP
Very Expensive $$$$
Transaction Processing Systems
ERP
Enterprise Resource Planning
What is an example of ERP?
Oracle or SAP
27 terms
Chapter 12 Information Systems
Information Systems
Electronic Spreadsheets and Database... M…
Spreadsheet
Spreadsheet functions
Software that helps the user organize and analyze... data
Software tools that allow the user to organize,... manage, and a…
A software application that allows the user to organize and a…
Computations provided by the spreadsheet software that can be…
Information Systems
Software that helps the user organize and analyze... data
Electronic Spreadsheets and Database... M…
Software tools that allow the user to organize,... manage, and a…
5 terms
Information Systems Chapter 12
ERP
EAI
Who are the primary users of ERP systems
Which of the following is a reason for…
Enterprise Resource Planning: Integrates all departments of a…
Enterprise Application Integration: connects separate modules…
Sales, marketing, customer service
ERP is a logical solution to the mess of incompatible applica…
ERP
Enterprise Resource Planning: Integrates all departments of a…
EAI
Enterprise Application Integration: connects separate modules…
27 terms
Accounting Information Systems Chapter 9
Four Components of Protecting Confiden…
Information Rights Management (IRM)
Data Loss Prevention (DLP)
Digital Watermark
1. Identify & Classify Information ... 2. Encryption ... 3. Access…
Software that offers the capability not only to limited acces…
Software which works likes antivirus programs in reverse, blo…
Code embedded in documents that enables an organization to id…
Four Components of Protecting Confiden…
1. Identify & Classify Information ... 2. Encryption ... 3. Access…
Information Rights Management (IRM)
Software that offers the capability not only to limited acces…
83 terms
Accounting Information Systems Chapter 6
Hacking
Hijacking
Botnet
Zombie
Unauthorized access, modification, or use of an electronic de…
Gaining control of someone else's computer to carry out illic…
A network of powerful & dangerous hijacked computers that are…
A hijacked computer, typically part of a botnet, that is used…
Hacking
Unauthorized access, modification, or use of an electronic de…
Hijacking
Gaining control of someone else's computer to carry out illic…
106 terms
Accounting Information Systems Chapter 7
Threat/Event
Exposure/Impact
Likelihood
Internal Controls
Any potential adverse occurrence or unwanted event that could…
The potential dollar loss should a particular threat become a…
The probability that a threat will come to pass
The processes & procedures implemented to provide reasonable…
Threat/Event
Any potential adverse occurrence or unwanted event that could…
Exposure/Impact
The potential dollar loss should a particular threat become a…
178 terms
Accounting Information Systems Chapters 8,12-16
Trust Services Framework (TSF)... 1. Secu…
(TSF)... 2. Confidentiality
(TSF)... 3. Privacy
(TSF)... 4. Processing Integrety
Access (both physical and logical) to the system and its data…
Sensitive organizational information (marketing plans, trade…
Personal information about customers, employees, suppliers, o…
Data are processed accurately, completely, in a timely manner…
Trust Services Framework (TSF)... 1. Secu…
Access (both physical and logical) to the system and its data…
(TSF)... 2. Confidentiality
Sensitive organizational information (marketing plans, trade…
15 terms
Management Information Systems Chapter 12 Vocabulary
structured decisions (programmable tas…
semi structured decisions
unstructured decisions
management support systems (MSSs)
can be automated because a well-defined standard operating pr…
structured aspect that benefits from information retrieval, a…
one-time decisions typically, with no standard operating proc…
different types of information systems that have been develop…
structured decisions (programmable tas…
can be automated because a well-defined standard operating pr…
semi structured decisions
structured aspect that benefits from information retrieval, a…
26 terms
Accounting Information Systems - Chapter 2
Data Processing Cycle
Source Documents
Turnaround Documents
Source Data Automation
The operations performed on data to generate meaningful and r…
Contain the initial record of a transaction that takes place.…
records of company data sent to an external party and then re…
The collection of transaction data in machine readable form a…
Data Processing Cycle
The operations performed on data to generate meaningful and r…
Source Documents
Contain the initial record of a transaction that takes place.…
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