Question

In: Accounting

An information system: is a different from a data processing system because it uses computers. is...

An information system:

is a different from a data processing system because it uses computers.

is not generally used for transaction processing

is composed of only the computer-based information resources of an organization

may consist of both computer-related and manual components

Solutions

Expert Solution

QUESTION : AN INFORMATION SYSTEM :

ANS : May consist of both computer-related and manual concepts.

The main components of information systems are computer hardware and software, telecommunications, databases & data warehouses , human resources and procedures. Therefore it is clear that an information system is the combination of both computer-based and manual concepts.

incorrect options : an information system is different from data processing system, but both systems are using computers for their functions.

incorrect option : An information system is also used for the transaction process of organizations. A transaction processing system is an information system used for business transations, includes; collection, modification and retrieval of all transaction data.

incorrect option : an information system is composed in the manner of socio techniqual perspective. Information system is the combination of both people and computers that processes or interprets information.


Related Solutions

Iowa Company uses a process costing system. Operating data for the first processing department for the...
Iowa Company uses a process costing system. Operating data for the first processing department for the month of June appear below: Units Percent Complete with Respect to Conversion Beginning work-in-process inventory 15,000 30% Started into production during June 75,000 Ending work-in-process inventory 20,000 70% According to the company's records, the conversion cost in beginning work-in-process inventory was $49,920 at the beginning of June. Additional conversion costs of $855,120 were incurred in the department during the month. 1. How many units...
Iowa Company uses a process costing system. Operating data for the first processing department for the...
Iowa Company uses a process costing system. Operating data for the first processing department for the month of June appear below: Units Percent Complete with Respect to Conversion Beginning work-in-process inventory 12,000 60% Started into production during June 80,000 Ending work-in-process inventory 18,000 40 % According to the company's records, the conversion cost in beginning work-in-process inventory was $44,530 at the beginning of June. Additional conversion costs of $832,150 were incurred in the department during the month. How many units...
Metal Corporation uses a process costing system. Data concerning the first processing department for the most...
Metal Corporation uses a process costing system. Data concerning the first processing department for the most recent month are listed below: Beginning work-in-process inventory: Units in beginning work-in-process inventory 1,200 Materials costs $ 9,120 Conversion costs $ 15,840 Percent complete with respect to materials 40 % Percent complete with respect to conversion 30 % Units started into production during the month 8,000 Materials costs added during the month $ 120,800 Conversion costs added during the month $ 284,000 Ending work-in-process...
Illustrate the data processing cycle and explain each phase in relation to an accounting information system...
Illustrate the data processing cycle and explain each phase in relation to an accounting information system with appropriate example at each stage. DATA -(INPUT)- Processing (storage)-Output- Information
Illustrate the data processing cycle and explain each phase in relation to an accounting information system...
Illustrate the data processing cycle and explain each phase in relation to an accounting information system with appropriate example at each stage. DATA -(INPUT)- Processing (storage)-Output- Information
Discuss the historical development and of the evolution of file system data processing starting from the...
Discuss the historical development and of the evolution of file system data processing starting from the file-based system of the past to today. Make sure you explain why file systems were developed. Identify which event you believe is the most important. Briefly describe how your file system works. Be sure to respond to at least one of your classmates’ posts.
Smith Manufacturing uses a process cost system to manufacture laptop computers. The following information summarizes operations...
Smith Manufacturing uses a process cost system to manufacture laptop computers. The following information summarizes operations relating to laptop computer model #KJK20 during the quarter ending March 31:                                                                                          Units                   Direct Labor Work-in-process inventory, January 1                                   100                    $50,000 Started during the quarter                                                  500 Completed during the quarter                                               400 Work-in-process inventory, March 31                             200 Costs added during the quarter                                                              $720,000 Beginning work-in-process inventory was 50% complete for direct labor costs. Ending work-in-process inventory...
Mullins Corporation uses the FIFO method in its process costing system. Data concerning the first processing...
Mullins Corporation uses the FIFO method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Mullins Corporation uses the FIFO method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Beginning work in process inventory: Units in beginning work in process inventory 1,100 Materials costs $ 12,300 Conversion costs $ 22,600 Percent complete with respect to materials 75 % Percent...
Mullins Corporation uses the FIFO method in its process costing system. Data concerning the first processing...
Mullins Corporation uses the FIFO method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Beginning work in process inventory: Units in beginning work in process inventory 1150? Materials costs $ 12,400? Conversion costs $ 22,650? Percent complete with respect to materials 75? % Percent complete with respect to conversion 65? % Units started into production during the month 9500? Units transferred to the next department during the month 8700?...
Mullins Corporation uses the FIFO method in its process costing system. Data concerning the first processing...
Mullins Corporation uses the FIFO method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Beginning work in process inventory: Units in beginning work in process inventory 1,300 Materials costs $ 12,700 Conversion costs $ 22,800 Percent complete with respect to materials 75 % Percent complete with respect to conversion 65 % Units started into production during the month 9,800 Units transferred to the next department during the month 9,000...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT