Exam 7: Electronic Data Processing Systems

An accounts receivable control file is a summary of the accounts receivable by type of account,such as "installment" or "net 30 days."

The ________ has enhanced the real-time sales system by extending it to customers who are off-site.

Presented below is a list of terms relating to accounting information systems,followed by definitions of those terms. Required: Match the letter next to each definition with the appropriate term.Each answer will be used only once. ________ 1.Key verification ________ 2.Real-time ________ 3.On-line,real time computing ________ 4.Input document control form ________ 5.Tagging ________ 6.Program data editing ________ 7.Valid code check ________ 8.Transaction processing system ________ 9.Table lookup ________ 10.POS system A.A table-lookup procedure in which the table file consists of valid data codes B.A system that processes input data immediately after they are input and can provide immediate output to users C.Technology that enhances the traditional cash register to allow it to function as a source data-entry device for sales transactions D.A computer environment where immediate or fast-response processing occurs E.Audit-oriented information that is included with original transaction data when they are recorded. F.A control procedure to ensure the accuracy of the key-transcribed input data G.Documents batch control totals for batches of input data transmitted between user departments and the data processing department H.A software technique used to screen data prior to computer processing I.An edit program that compares the value of a field to the acceptable values contained in a table file J.A system that collects and processes transactions and provides immediate output concerning processing

Program data editing is a software technique that should

Program data editing is often used in place of verification.

The use of check digits

Data editing routines may be applied to each of the basic data structures.

The use of programmed edit checks to discriminate among acceptable data is called ________ ________ auditing.

Bar coding is an automatic identification technique used in a real-time system.

In a manual input system,batch controls are prepared initially by the

What are the benefits of program data editing?

Program data editing techniques may be applied to

Base your answer using the following version of Modulus 11-check digit found in Chapter 6. For a four-digit account number: 1.Multiply each digit separately by the corresponding digit in the sequence: 5,4,3,2. 2.Add results of digit multiplication in Step 1,digit-by-digit. 3.Subtract Step 2 results from the next highest multiple of 11. 4.The Step 3 result is the check digit. Required: Calculate the check digit for each of the following account numbers: a.2596 b.7428

Point-of-sale systems provide a variety of timely and detailed reports concerning operations,which is of great benefit to the management of a retail firm.

Few manual processing systems are batch oriented.

A company will often analyze its customers' sales trends and predict future needs.

Discuss how batch totals are prepared and used.Explain how the use of batch totals and data transfer logs helps to establish segregation of duties between user departments and the data processing department.

The "amount due" field of a bill is checked to ensure that the sign is positive.This is an example of a field

The use of input control documents is not necessary when forwarding data to the data entry group for input into the system.

A technology that is not typically used in a real-time sales system is