AIS Midterm

This system is responsible for converting financial events into transactions?

What does TPS stands for?

Purchasing/Accounts Payable, Cash disbursement and payroll are in what cycle in TPS?

• Expenditure Cycle

• Conversion Cycle

• Revenue Cycle

• Motor Cycle

Production Planning and Control Cost Accounting is in what cycle of TPS?

• Expenditure Cycle

• Conversion Cycle

• Revenue Cycle

• Bi Cycle

Sales Order Processing and Cash Receipts are in what cycle in TPS?

• Expenditure Cycle

• Conversion Cycle

• Revenue Cycle

• Tri Cylce

An economic event that affects the assets and equities of the firm, is reflected in its accounts, and is measured in monetary terms?

Give 1 major subsystem of Conversion Cycles in TPS

It can also be defined as a collection of interrelated data stored together to serve multiple applications?

This level of database abstraction that talks about physical storage?

This level of database abstraction describes the relationships that exist between data?