Accounting Information Systems: An Overview

Front 1

people

Back 1

The _______ who use the system

Front 2

procedures and instructions

Back 2

The _______ and _______ used to collect, process, and store data

Front 3

data

Back 3

The _______ about the organization and its business activities

Front 4

software

Back 4

The _______ used to process the data

Front 5

information technology infdrastructure

Back 5

The _______ _______ ________, including the computers, peripheral devices, and network communications devices used in the AIS

Front 6

internal controls and security measures

Back 6

The _______ _______ and _______ _______ that safeguard AIS data

Front 7

collect and store data

Back 7

These six components enable an AIS to fulfill three important business functions:

_______ and _______ _______ about organizational activities, resources, and personnel.

Front 8

transform data into information

Back 8

These six components enable an AIS to fulfill three important business functions:

_______ _______ _______ _______ so management can plan, execute, control, and evaluate activities, resources, and personnel.

Front 9

provide adequate controls

Back 9

These six components enable an AIS to fulfill three important business functions:

_______ _______ _______ to safeguard the organization's assets and data.

Front 10

Improving the quality and reducing the costs of products or services

Back 10

A well-designed AIS can add value to an organization by:

For example, an AIS can monitor machinery so operators are notified immediately when performance falls outside acceptable quality limits.

Front 11

Improving efficiency

Back 11

A well-designed AIS can add value to an organization by:

For example, timely information makes a just-in-time manufacturing approach possible, as it requires constant, accurate, up-to-date information about raw materials inventories and their locations.

Front 12

Sharing knowledge

Back 12

A well-designed AIS can add value to an organization by:

For example, CPA firms use their information systems to share best practices and to support communication between offices.

Front 13

Improving the efficiency and effectiveness of its supply chain

Back 13

A well-designed AIS can add value to an organization by:

For example, allowing customers to directly access inventory and sales order entry systems can reduce sales and marketing costs, thereby increasing customer retention rates.

Front 14

Improving the internal control structure

Back 14

A well-designed AIS can add value to an organization by:

Helps protect systems from fraud, errors, system failures, and disasters.

Front 15

Improving decision making.

Back 15

A well-designed AIS can add value to an organization by:

Vitally important.