Accounting Information Systems, 9e— Chapter 2
Chapter 2—Introduction to Transaction Processing
1.Batch processing is more efficient than real time systems because it can process more transactions for a lower cost per transaction.
2.Part of the process is acquiring raw material.
3.The conversion cycle includes the management of work-in-process at each stage of production.
4.A turn-around document is the portion of your monthly credit card bill.
5.You can use the general journal to keep track of recurring transactions similar in nature.
6.To represent different levels of detail, document flowcharts can be used.
7.The physical system is represented by data flow diagrams.
8.System flowcharts often depict the processes of batches.
9.Program flowcharts show the media used and their terminals.
10.The inputs, programs and outputs of a computer program are represented by system flowcharts.
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