The Chapter Discussed Four Types of Flowcharts; Flowcharts Can Impact

Short Answer

The chapter discussed four types of flowcharts; flowcharts can impact the design, implementation and evaluation of an accounting information system. Determine whether each statement below is: (i) always true, (ii) sometimes true or (iii) never true.
A. A document flowchart should be used as part of developing an enterprise risk management plan based on the COSO framework.
B. A hardware flowchart can be a guide in recommending technology-related internal controls.
C. Because the "S" in AIS stands for "system," only systems flowcharts are useful in AIS work.
D. Program flowcharts are never relevant in accounting information systems.
E. Since most documents in an AIS are electronic, document flowcharts are rarely relevant in designing, implementing and evaluating accounting information systems.