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20 Cards in this Set
- Front
- Back
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Alphanumeric Codes
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Codes that use numbers and letters
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Block Codes
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Sequential codes in which specific blocks of numbers are reserved for particular purposes
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Business Event
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An activity that may or may not impact financial statements, but is important to the business
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Business Process
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A collection of activities or flow of work in an organization that creates value
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Business Process Management BPM Software
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software solutions that help companies collect corporate knowledge, data, and business rules into a business system to improve core business processes
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Business Process Outsourcing BPO
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an approach where an organization chooses to have some of its basic functions, often related to IT, performed by an external organization
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Business without Boundaries
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A new business model that arose from the combination of networked enterprises and globalization
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Customer Relationship Management CRM
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Employed to gather, maintain, and use data about a company's customers with the objective of improving customer satisfaction and company profitability
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Discrepancy Reports
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A way to note any differences between quantities or amounts on the purchase order, the receiving report, and the purchase invoice
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Economic Event
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Those events that impact an organization's financial statements and AIS's therefore record data about them in accounting transactions
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Exception Reports
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A report that lists exceptional condition(s) that typically draw management's attention to a potential problem
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Group Code
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Is the combination of two or more subcodes creating a group code, which is often used as a product code in sales catalogs
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Mnemonic Codes
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Designed to help the user remember what they represent
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Numeric Codes
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Codes that use numbers only
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Offshoring
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moving jobs offshore
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Purchasing Process
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The process that begins with a request (or an order) for goods or services and ends with payment to the vendor
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RFID Tags
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Are computer chips and tiny antennas that are used to manage inventory
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Sales Process
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A process that begins with a customer order for goods or services and ends with the collection of cash from the customer
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Sequence Code
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A sequential set of number used to identify customer accounts, employee payroll checks, customer sales invoices, and so forth
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Supply Chain Management SCM
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Applications that enable an ERP system or other software to interface with a company's suppliers and customers
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