Given: The data on the data page of this workbook, and the
instructions in your text regarding how to use Excel.
The data are the closing prices of 40 common stocks.
1. Construct frequency and relative frequency distributions. (You
Bumble Beasley was recently hired as a marketing manager at ATI Corporation. When
approached by the accounting manager regarding the development of an internal control
plan for the marketing department, Bumble said: Internal control? Im
Practice Question 3
Put the following statements in the correct order based on the steps in the accounting cycle.
a. Assemble AIS outputs.
b. Debit cash and credit sales.
c. Determine the correct way to enter a transaction in the AIS.
d. Examine a bank st
Specify the data flow diagram symbol that would be used to represent each item in the list
Inventory master file
Purchase / inventory file
There are three variables in the data sheet of this workbook. They
are labeled X1, X2 and X3. Consider them sample data.
The goals of this assignment is to compare and contrast these
variables using descriptive statistics and descriptive
Case Study synopsis
The fourth largest city, San Francisco with more than 800,000 residents was having a
major problem communicating with the local government. The local government use to have a
voice mail system that was tough to use and p
Apple known for creative new technologies has opened its iPhone platform for third party
development. Salesforce.com who also uses an open platform has taken advantage of the iPhone
platform. Salesforce.com has taken
2 out of 2 points
The coefficient of
proportion of the
variation in the
variable,Y, that is
2 out o
1. 51) What analytical framework discussed in the chapter helps understand and
evaluate the benefits
and uses of collaboration tools?
A) cost/use matrix
B) time/space matrix
C) space/cost matrix
D) task/time matrixs
B) Time/space matrix
2. 52) The term .m
LOreal Group which is the worlds largest cosmetics and Beauty Company was founded
in 1907. Now has come to use the SharePoint server platform to help expand its global
management and knowledge. SharePoint acts as a tool for ma
List the steps in the accounting cycle in their proper order.
1. Obtain information about external transactions from source documents. 2. Analyze
transactions. 3. Record the transactions in a journal. 4. Post from the journal
Practice Study Question
AIS is an important area of study for future accountants because a well-designed AIS can
respond to many elements of the FASB Conceptual Framework. List the six parts of the FASB
Conceptual Framework. (You do not need to list the i
The chapter discussed four types of flowcharts. Which one would be most appropriately used
in each of the following independent situations?
Demonstrating how to create a procedures manual
Explaining what happens in a financial stat
The chapter discussed four macro- and four micro-level factors to consider when selecting
information technology. Suppose you have been hired as a consultant to recommend new
general ledger software for a client; you have decided to cond
Fill in the blanks in each statement below based on the flowchart design steps discussed in
Establish the _.
List _ performed within each _.
Select appropriate _.
Prepare a _.
_ the flowchart w
Carlos is the vice president of finance at PLP Corporation. When he joined the company five
years ago, the finance division was organized in two departments: operating transactions
and non-operating transactions. Each department had two
Internal controls have four basic purposes in organizations. Please match each item on the
left with the most relevant purpose on the right.
Arrange the steps in the systems development life cycle in their usual order of occurrence.
Operations and maintenance
Initiation / planning
Arrange the ste
Arrange the levels of the capability maturity model in order from least mature to most
Arrange the levels of the capability maturity model in order from least mat
Fill in the blanks in each statement below based on the flowchart design considerations
discussed in the text.
Flowcharts should be read from _ and _.
Flowcharts should have plenty of _.
Flowcharts should have a _.
Refer to the previously presented set of flowcharting symbols labeled Symbol A through
Symbol J. Which symbol would be used in a systems flowchart to represent each of the
Consider the partial data flow diagrams shown below. Match each one with the item it most
1. Access employee records
2. Add comments about vendor
3. Deliver goods and bill client
4. Interview applicant
5. Look up payro
Given: The instructions in your text regarding how to use Excel
to compute probabilities and cumulative probabilities.
Consider a binomial situation with a .15 probability of success
and 12 independent trials.
Do all work in the Probability Di
Which level of the capability maturity model best describes each of the following business
a. After consulting the company procedures manual and her supervisor for guidance,
Lindsay developed a more detailed description of the
Practice Study Question
Thuy is an accountant at RPA Corporation. When RPA sells inventory, Thuy receives a sales
invoice indicating the number of units sold, the sales price, sales tax assessed and the total
amount paid by the customer. Thuy makes a jour
Sam and Dan are the owners of the International School for Computer Training (ISCT), a forprofit educational institution that provides computer-related education in several short-term
programs. As a first step in developing an internal c
Acct 309 - Chapter 10
Learning Objectives Covered: Full Chapter
1. Know the data flows in the Data Flows in the Purchasing Process
Ordering Goods and Vendor Services:
- Electronic data interchange (EDI)
- Open purchase order
Telepresence is a way for a person to be present at a location different from where they
actually are. Telepresence allows for realistic group meetings all across the world. This gives
the user or users amazing abilities includin