ACCOUNTING 101 MIDTERM EXAMINATION 1. Which of the following is the correct accounting equation? A) Assets + Liabilities = Owner’s equity B) Assets = Liabilities + Owner’s equity C) Assets + Revenue = Owner’s equity D) Assets + Revenue = Liabilities + Expenses 2. Which of the following financial statements shows the changes in capital during a period of time? A) Income statement B) Statement of owner’s equity C) Statement of cash flows D) Balance sheet 3
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Page 1 of 15 CEBU CPAR CENTER Mandaue City‚ Cebu AUDITING THEORY AUDITING IN A COMPUTER INFORMATION SYSTEMS (CIS) ENVIRONMENT Related PSAs/PAPSs: PSA 401; PAPS 1001‚ 1002‚ 1003‚ 1008 and 1009 PSA 401 – Auditing in a Computer Information Systems (CIS) Environment 1. Which statement is incorrect when auditing in a CIS environment? a. A CIS environment exists when a computer of any type or size is involved in the processing by the entity of financial information of significance to the audit
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1. Distinguish between internal control in a CIS environment and in non-CIS environment. A CIS environment exists when a computer of any type or size is involved in the processing by the entity of financial information of significance to the audit; whether that computer is operated by the entity or by a third party. Many of the control procedures used in manual processing also apply in a CIS environment. Examples of such control procedures include authorization of transaction‚ proper segregation
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Cis 515week 3 University Management Software CIS 515 Strayer University Abstract This study examines the requirements for a consolidation strategy to centralize all student records for a prestigious university. As a result‚ this study will develop a data model to retain student records and allow data extraction and load processes‚ formulate a data structure entity relationship model for the data structure‚ show how business intelligence reports can help the university and examine and recommend
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Assignment 2: Logical Design‚ Part 1 Professor Cohen CIS-111 April 15‚ 2013 Advantages of Relational Model The relational model would provide Acme Global with a better understanding of the data needs of their organization. A Relational model offers data independence and efficient access. “The conceptual and external schemas provide independence from physical storage decisions and logical design decisions respectively.” (Ramakrishnan‚ 2007) “The benefits of using the relational model would
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Assignment 1: Local Lawsuit Alana Robinson Strayer University LEG 100: Business Law Prepared for: Professor Matthew Grasham November 4‚ 2012 Abstract This paper is going to examine the difference between Black Bike week and Harley Davidson Spring Bike Rally (predominantly white) in Myrtle Beach‚ South Carolina. We are going to see if the NAACP had a valid reason to file a lawsuit against Myrtle Beach and several of its businesses. If so‚ we are going to see how risk management could’ve
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CIS 276 February 5th‚ 2013 1.What is meant by data redundancy? Data redundancy is a situation that occurs within database systems and involves the unintentional creation of duplicated data that is not necessary to the function of the database. 2.What problems are associated with data redundancy? 3.What is an entity? An entity is a person‚ place‚ object‚ event‚ or idea for which you want to store and process data. An attribute‚ field‚ or column is a characteristic or property of an entity.
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Opening Case Questions 1. Evaluate how Apple can gain business intelligence through the implementation of a customer relationship management system. -Apple can gain business intelligence through the implementation of a customer relationship management system because customer relationship management systems are designed to manage every aspect of the relationship between the organization and the customer. By implementing a customer relationship management system‚ Apple will have full insight on the
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BUS 365 WK 3 Quiz 2 Chapter 3 Purchase this tutorial here: http://xondow.com/BUS-365-WK-3-Quiz-2-Chapter-3-BUS3652.htm Multiple Choice 1. __________ consists of powerful software tools to discover and extract knowledge from text documents. a) Document mining b) Master data management c) Knowledge mining d) Text mining 2. What is the goal of data management? a) To store data and documents in multiple locations to insure that they are accessible to everyone on demand. b) To capture financial
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Robert Strayer explores the main pillars of the Islamic religion that he refers to as the Voices of Islam. These are the voices of; Allah‚ Prophet Muhammad‚ the law and Sufis. Strayer expresses that these four voices are the ones that have characterized the Islamic religion throughout the years. The voices differ in a lot of aspects and one common observation among the Muslims is that they tend towards one voice that they view as more favorable and reject the ones that deem unfavorable (Strayer 2010)
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