0
Q
What are the principles of AIS?
A
Cost Effectiveness
Usefulness
Flexibility
1
Q
What does an accounting information system do?
A
Collects and processes data
Provides financial info
2
Q
What are the steps for development of an accounting system?
A
Analysis
Design
Implementation
Follow Up
3
Q
What is a subsidiary ledger?
A
A group of accounts that share a common characteristic, ex. A/R accounts
4
Q
What is a special journal?
A
A journal to record similar types of transactions
Accounting- Grade 12
flashcards
Decks in class (16)
# Cards
-
Chapter 10- Capital Assets14
-
Chapter 11- Current Liabilities21
-
Chapter 12- Conceptual Framework21
-
Chapter 13- Partnerships36
-
Chapter 18- CFS4
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Chapter 1- Accounting in Action6
-
Chapter 2- The Recording Process7
-
Chapter 3- Adjusting the Accounts14
-
Chapter 4- Completion of the Accounting Cycle8
-
Chapter 5- Accounting for Merchandising Operations9
-
Chapter 614
-
Chapter 8- Internal Controls13
-
Chapter 9- Accounts Receivables19
-
Chapter 7- AIS5
-
Chapter 14- Corporate Capital12
-
Chapter 15- Dividends17
