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12 Cards in this Set
- Front
- Back
Ship goods to customers
Perform services Prepare management reports Handle sales returns Receive payments Check inventory for availability |
Revenue Cycle
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Store goods
Handle purchase returns Pay vendors Request goods or services |
Expenditure Cycle
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Payroll
Update employee records |
HR
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Design products
Store finished products Manufacture products |
Production
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Data Processing Cycle
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operations performed on data in computer based systems to generate meaningful and relevant information
1. Data Input 2. Data Processing 3. Storage 4. Information Output |
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Data Input
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capturing data and entering it into a system.
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Turn around documents
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document that is prepared by the computer as output, sent outside the system, and then returned as input into the PC
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Data Storage
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must be stored in a way that is easily accessible and needs to be contained in a logical way
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Block coding
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blocks of numbers in a sequence are used to represent specific items
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Chart of Accounts
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a listing of all balance sheet and income statement account number codes for a particular company
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Audit Trail
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provides a means to check the accuracy and validity of ledger postings
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Entity-Attributes-Field-Record-Files-DB
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Entity-Bryan
Attribute- 160lbs Field- column 1 Record- Column1-5 (Height, Weight, etc) File- Acct MIS 631 DB- FCOB |