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Match the Following Terms with the Appropriate Definition(s)

Question 49

Matching

Match the following terms with the appropriate definition(s):

Premises:
The special journal used to record all receipts of cash
The people, records, methods, and equipment that collect and process data from transactions and events, organize them in useful forms, and communicate results to decision makers
Links among computers giving different users and different computers access to common databases and programs
Programs that manage a company's vital operations which range from order-taking to manufacturing to accounting
An information system principle requiring that an accounting system report useful, understandable, timely, and pertinent information for decision making
A list of each customer from the accounts receivable ledger with their balances and the total
An information system principle requiring that an accounting information system aid managers in controlling and monitoring business activities
A part of a company that can be separately identified by the products or services that it provides or by the geographic market that it serves
The special journal that is used to record all payments of cash
The component of an accounting system that interprets, transforms, and summarizes information for use in analysis and reporting
Responses:
Information processor
Computer network
Business segment
Cash receipts journal
Schedule of accounts receivable
Relevance principle
Cash disbursements journal
Enterprise resource planning
Accounting information system
Control principle

Correct Answer:

The special journal used to record all receipts of cash
The people, records, methods, and equipment that collect and process data from transactions and events, organize them in useful forms, and communicate results to decision makers
Links among computers giving different users and different computers access to common databases and programs
Programs that manage a company's vital operations which range from order-taking to manufacturing to accounting
An information system principle requiring that an accounting system report useful, understandable, timely, and pertinent information for decision making
A list of each customer from the accounts receivable ledger with their balances and the total
An information system principle requiring that an accounting information system aid managers in controlling and monitoring business activities
A part of a company that can be separately identified by the products or services that it provides or by the geographic market that it serves
The special journal that is used to record all payments of cash
The component of an accounting system that interprets, transforms, and summarizes information for use in analysis and reporting
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