Define general problems associated with data redundancy

Assignment Help Accounting Basics
Reference no: EM131749212

Question: a. Archiving a record is an alternative to deleting a record? What is the benefit that can be derived from it?

b. Are large batch sizes preferable to small batch sizes when it comes to data processing? Explain

c. Discuss the importance of accounting independence in accounting information systems. Use an example aside from inventory control.

d. Does banking system use real/ on-line processing or both real time and batch processing. Provide a scenario.

e. Give at least on criteria that influence selection of data structure? What data structure is suited for that?

f. How do backup procedures for files with a direct access structure differ from sequential files?

g. How do you consider Microsoft Office Systems? Is it a turnkey, backbone or vendor supported system? Explain your answer.

h. If a certain system in a business is centralized does it mean that the whole business is centralized. Explain your answer. (You are encouraged to give practical business cases)

i. If accountants are viewed as providers of information, then why are they consulted as system users in the system development process? Give a practical example to support your answer.

j. In what scenario does real time processing advantageous over batch processing (Is it transactions that are dependent with one another or transactions that are independent with one another?) Justify your answer.

k. The REA model is based on the premise that business data must not be preformatted or artificially constrained and must reflect the all relevant aspects of the underlying economic events." Explain it by giving a practical example of REA model (which is of course not on the book)

l. What are the 3 general problems associated with data redundancy and give a practical example for each.

m. What are the 4 levels of activity in the pyramid representing the hierarchy of management? Give at least one person involved in the four levels of organization (e.g. Chief Executive Officer belongs to top management). Give examples of vertical flow and horizontal flow of information.

n. What are the three fundamental task of data management and give a practical example for each task.

o. What is feedback? Give a practical example of it and how is it beneficial to the system?

p. What is meant by cardinality in E-R diagram? Provide an example based on a case record.

q. What processing requires considerable computer networking? Is it real-time or batch processing? Explain.

r. Why is cost accounting also applicable in service - oriented business such as hospitals? Explain

s. Why is management report considered discretionary reporting?

t. Why is transaction file called a temporary file?

Reference no: EM131749212

Questions Cloud

What amount of materials cost is included in ap hill : A.P. Hill Corporation uses a process-costing system. Products are manufactured in a series of three departments. The following data relate to Department.
What is the present value of the debt tax shields : Corporate Finance Final Exam - A firm has fixed perpetual debt with a par value of 450, what is the present value of the debt tax shields
Describe the nitrogen cycle : describe the nitrogen cycle, forms of nitrogen and explain in how they are related to each other. Please list sources used
Journal entry to account for any impairment of goodwill : ACC204 – Advanced Financial Accounting - Prepare the journal entries for the 2015 financial year using the percentage-of-completion method
Define general problems associated with data redundancy : What are the 3 general problems associated with data redundancy and give a practical example for each.
Discuss at least four common mistakes that occurred : Using your own words, discuss at least four common Mistakes that occurred during the design phase.
How to create an information-sharing environment : How would your recommendation effectively formalize multijurisdictional information sharing to counter some of existing challenges? Explain.
Review about tuscan manufacturing company : Tuscan Manufacturing Company makes a unique headset for use with mobile phones. During 2010, its first year of operations.
Research the state law in colorado : Research the state law in Colorado and find out whether Kevin can be proved guilty of statutory rape even if Jen consented to the intimacy.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd