For each of the following records, indicate the appropriate related file structure: master file, transaction file, reference file, or archive file customer ledgers purchase orders list of authorized vendors records related to prior pay periods vendor ledgers hours each employee has worked during the current pay period tax tables sales orders that have been processed and recorded

Q: S1: The “Shipment to Branch” account is added to the home office’s purchase account in determining…

A: 1. While determining the cost of goods sold, the shipment would be added to the office purchase.…

Q: In a manual system, after which event in the sales process should the customer be billed?

A: Sales Process: Sales Process can be defined as trade of goods and services provided by the trader of…

Q: Which document would be used to support the recording of  a sale on account?   Question 49 options:…

A: Invoices or bills are used to record the credit transactions related to purchases and sales.

Q: Identify which department has stewardship (having the job of supervising or taking care of) over the…

A: Stewardship: A job, responsibility, or authority to take care or supervise something in such a…

Q: For each of the following processes, state whether OLTP or OLAP is appropriate and why.a. An order…

A: Meaning OLTP & OLAP OLAP means Online Analytical Processsing and OLTP means Online Transaction…

Q: A trial balance represents the:   Multiple Choice   Chronological record of all transactions…

A: Trial balance includes both temporary accounts and permanent accounts. All expenses, losses, and…

Q: OLTP VERSUS OLAP SERVERS For each of the following processes, state whether OLTP or OLAP is…

A: Meaning OLTP & OLAP OLAP means Online Analytical Processsing and OLTP means Online Transaction…

Q: ile, or archive file. a. customer ledgers b. purchase orders c. list of authorized vendors d.…

A: Master file, transaction file, reference file and archive files are computer processing files.…

Q: purchases and disbursements cycle usually begins when a. a user department request for acquisition…

A: Solution: The purchase and disbursement cycle is the cycle in which the purchase needs of a business…

Q: Sales are normally recorded on the date of thea. Customer purchase order.b. Bill of lading.c. Sales…

A:

Q: Read the following statements carefully:   Recalculate the allowance of accounts receivables.…

A: Type of Audit Procedures It is preliminary assessment an auditor is required to identify and…

Q: Journalize these transactions of september assuimg the perpetual inventory system is being used…

A: Methods of Inventory System: 1. Periodic Inventory System                  2. Perpetual Inventory…

Q: For each of the following records, indicate the appropriate related file structure: master file,…

A:

Q: d. The sales department approves sales credit memos as the result of product returns and forwards…

A: The sales department of the company is responsible for recording the sales made by the company…

Q: Match the best answer to each question/ The ledger that contains the financial statement accounts of…

A: The question is related to Match the following. Required  Match the best answer to each question

Q: The payables clerk obtains and matches the purchase order, receiving report, and vendor's invoice…

A: Clerk: A clerk refers to an individual who is an employee of a company or a bank and is responsible…

Q: Sales Documents Select whether each of the following documents or procedures is for a retail…

A:

Q: payroll system in the accounting department

A: Payroll system integrates all processes that include recording employee details, calculation and…

Q: The purchases and disbursements cycle usually begins when Group of answer choices A user department…

A: A disbursement seems to be the transfer of funds from one account to another, whether for a purchase…

Q: Identify the appropriate special journal to be used for every source document listed below: •…

A: Since you have asked a question with multiple sub parts, we will answer the first three sub parts…

Q: What accounts are affected when a bill from a vendor supplying you products is recorded

A: when vendors supply products to the company the following accounts will be affected -   1) if we are…

Q: 4. Indicate which department -accounts payable, cash disbursements, data processing, purchasing,…

A: Purchase requisition is prepared and sent to the prepare purchase order function to initiate the…

Q: Miss Maria has recently joined the accounting department of SISHGC Limited as an assistant…

A: The internal control system of an organization makes sure that the error and mistakes are minimized…

Q: Precision Industries, Inc., is a manufacturer of electronic components. When a purchase order is…

A:

Q: When a customer returns a product to Hartville Equipment that the customer purchasedon account,…

A: When a customer returns a product to Hartville Equipment that the customer purchased on account,…

Q: the following w

A: the correct answer is  d. SALES INVOICES

Q: FIGURE 2-24 FLOWCHART SHOWING THE TRANSLATION OF FACTS I, 2, AND Sales Department Computer…

A: In a flow chart the sequence of activities is shown entirely

Q: The sum of customers' unpaid balances that is compared to the general ledger comes from:     the…

A: The unpaid customer balance is come into existence because of credit sales to the customer.…

Q: Which one of the following departments does not have a copy of the purchase order?a. the purchasing…

A: Answer:   Option d.

Q: Activity 1. Classify Me Instruction: Identify each element or account title if it can be found on a…

A: Service business means the business of earning revenue by providing services. Merchandising business…

Q: A company indicates the condition of goods obtained onwhich of the following documents?a. Purchase…

A: Answer:   Option c.

Q: which of the following actions update/ record is: a master file, transactions file, special journal,…

A: Transaction- A business transaction, also known as a financial transaction, is one that can be…

Q: 9. It is a fee that a business pays to a salesperson (agent) in exchange for his services in either…

A: A business usually hires salespersons to make their products available or to recommend their…

Management Information Systems

While undertaking any business decisions, data is the most important aspect. An information system (IS) is a set of data, computing devices and management methods that support routine company operations. A management information system (MIS) is a specific subset of IS.