Question Details

AC 571 
WEEK 1
Discussion Question 2-2

By using pre-numbered checks to write up customer orders at restaurants is an example of a good internal control. It helps managers to calculate how much payments should received from customers by comparing with customers’ orders on checks.  To prevent a food server steals customers’payments without reports them. A food server must not destroy a void check but returns it to his manager.  


Problem 2-8

Identify whether the following transactions belong in a master file or a transaction file.

a.	Update customer address change		 - Master file
b.	Update unit pricing information		- Master file
c.	Record daily sales				- Transaction file
d.	Record payroll checks			- Transaction file
e.	Change employee pay rates 			-  Master file
f.	Record production run variances		- Transaction file
g.	Record Sales Commissions 			- Transaction file
h.	Change employee office location 		-  Master file
i.	Update accounts payable balance 		- Master file
j.	Update the accounts receivable balance 	- Master file
k.	Change vendor payment discount terms	 - Master file
l.	Record purchases 				- Transaction file

Problem 2-11

For each of the following scenarios identify which data processing method (batch or online, real-time) would be the most appropriate. 

a.  online-real time
b.  online-real time
c.  batch
d.  online-real time
e.  batch
f.  batch
g.  batch

Discussion Question 2-2

By using pre-numbered checks to write up customer orders at restaurants is an example of a good internal control. It helps managers to calculate how much payments should received from customers by comparing with customers’ orders on checks.  To prevent a food server steals customers’payments without reports them. A food server must not destroy a void check but returns it to his manager.  


Problem 2-8

Identify whether the following transactions belong in a master file or a transaction file.

a.	Update customer address change		 - Master file
b.	Update unit pricing information		- Master file
c.	Record daily sales				- Transaction file
d.	Record payroll checks			- Transaction file
e.	Change employee pay rates 			-  Master file
f.	Record production run variances		- Transaction file
g.	Record Sales Commissions 			- Transaction file
h.	Change employee office location 		-  Master file
i.	Update accounts payable balance 		- Master file
j.	Update the accounts receivable balance 	- Master file
k.	Change vendor payment discount terms	 - Master file
l.	Record purchases 				- Transaction file

Problem 2-11

For each of the following scenarios identify which data processing method (batch or online, real-time) would be the most appropriate. 

a.  online-real time
b.  online-real time
c.  batch
d.  online-real time
e.  batch
f.  batch
g.  batch

Discussion Question 2-2

By using pre-numbered checks to write up customer orders at restaurants is an example of a good internal control. It helps managers to calculate how much payments should received from customers by comparing with customers’ orders on checks.  To prevent a food server steals customers’payments without reports them. A food server must not destroy a void check but returns it to his manager.  


Problem 2-8

Identify whether the following transactions belong in a master file or a transaction file.

a.	Update customer address change		 - Master file
b.	Update unit pricing information		- Master file
c.	Record daily sales				- Transaction file
d.	Record payroll checks			- Transaction file
e.	Change employee pay rates 			-  Master file
f.	Record production run variances		- Transaction file
g.	Record Sales Commissions 			- Transaction file
h.	Change employee office location 		-  Master file
i.	Update accounts payable balance 		- Master file
j.	Update the accounts receivable balance 	- Master file
k.	Change vendor payment discount terms	 - Master file
l.	Record purchases 				- Transaction file

Problem 2-11

For each of the following scenarios identify which data processing method (batch or online, real-time) would be the most appropriate. 

a.  online-real time
b.  online-real time
c.  batch
d.  online-real time
e.  batch
f.  batch
g.  batch

Discussion Question 2-2

By using pre-numbered checks to write up customer orders at restaurants is an example of a good internal control. It helps managers to calculate how much payments should received from customers by comparing with customers’ orders on checks.  To prevent a food server steals customers’payments without reports them. A food server must not destroy a void check but returns it to his manager.  


Problem 2-8

Identify whether the following transactions belong in a master file or a transaction file.

a.	Update customer address change		 - Master file
b.	Update unit pricing information		- Master file
c.	Record daily sales				- Transaction file
d.	Record payroll checks			- Transaction file
e.	Change employee pay rates 			-  Master file
f.	Record production run variances		- Transaction file
g.	Record Sales Commissions 			- Transaction file
h.	Change employee office location 		-  Master file
i.	Update accounts payable balance 		- Master file
j.	Update the accounts receivable balance 	- Master file
k.	Change vendor payment discount terms	 - Master file
l.	Record purchases 				- Transaction file

Problem 2-11

For each of the following scenarios identify which data processing method (batch or online, real-time) would be the most appropriate. 

a.  online-real time
b.  online-real time
c.  batch
d.  online-real time
e.  batch
f.  batch
g.  batch

Discussion Question 2-2

By using pre-numbered checks to write up customer orders at restaurants is an example of a good internal control. It helps managers to calculate how much payments should received from customers by comparing with customers’ orders on checks.  To prevent a food server steals customers’payments without reports them. A food server must not destroy a void check but returns it to his manager.  


Problem 2-8

Identify whether the following transactions belong in a master file or a transaction file.

a.	Update customer address change		 - Master file
b.	Update unit pricing information		- Master file
c.	Record daily sales				- Transaction file
d.	Record payroll checks			- Transaction file
e.	Change employee pay rates 			-  Master file
f.	Record production run variances		- Transaction file
g.	Record Sales Commissions 			- Transaction file
h.	Change employee office location 		-  Master file
i.	Update accounts payable balance 		- Master file
j.	Update the accounts receivable balance 	- Master file
k.	Change vendor payment discount terms	 - Master file
l.	Record purchases 				- Transaction file

Problem 2-11

For each of the following scenarios identify which data processing method (batch or online, real-time) would be the most appropriate. 

a.  online-real time
b.  online-real time
c.  batch
d.  online-real time
e.  batch
f.  batch
g.  batch

Discussion Question 2-2

By using pre-numbered checks to write up customer orders at restaurants is an example of a good internal control. It helps managers to calculate how much payments should received from customers by comparing with customers’ orders on checks.  To prevent a food server steals customers’payments without reports them. A food server must not destroy a void check but returns it to his manager.  


Problem 2-8

Identify whether the following transactions belong in a master file or a transaction file.

a.	Update customer address change		 - Master file
b.	Update unit pricing information		- Master file
c.	Record daily sales				- Transaction file
d.	Record payroll checks			- Transaction file
e.	Change employee pay rates 			-  Master file
f.	Record production run variances		- Transaction file
g.	Record Sales Commissions 			- Transaction file
h.	Change employee office location 		-  Master file
i.	Update accounts payable balance 		- Master file
j.	Update the accounts receivable balance 	- Master file
k.	Change vendor payment discount terms	 - Master file
l.	Record purchases 				- Transaction file

Problem 2-11

For each of the following scenarios identify which data processing method (batch or online, real-time) would be the most appropriate. 

a.  online-real time
b.  online-real time
c.  batch
d.  online-real time
e.  batch
f.  batch
g.  batch

Discussion Question 2-2

By using pre-numbered checks to write up customer orders at restaurants is an example of a good internal control. It helps managers to calculate how much payments should received from customers by comparing with customers’ orders on checks.  To prevent a food server steals customers’payments without reports them. A food server must not destroy a void check but returns it to his manager.  


Problem 2-8

Identify whether the following transactions belong in a master file or a transaction file.

a.	Update customer address change		 - Master file
b.	Update unit pricing information		- Master file
c.	Record daily sales				- Transaction file
d.	Record payroll checks			- Transaction file
e.	Change employee pay rates 			-  Master file
f.	Record production run variances		- Transaction file
g.	Record Sales Commissions 			- Transaction file
h.	Change employee office location 		-  Master file
i.	Update accounts payable balance 		- Master file
j.	Update the accounts receivable balance 	- Master file
k.	Change vendor payment discount terms	 - Master file
l.	Record purchases 				- Transaction file

Problem 2-11

For each of the following scenarios identify which data processing method (batch or online, real-time) would be the most appropriate. 

a.  online-real time
b.  online-real time
c.  batch
d.  online-real time
e.  batch
f.  batch
g.  batch

Discussion Question 2-2

By using pre-numbered checks to write up customer orders at restaurants is an example of a good internal control. It helps managers to calculate how much payments should received from customers by comparing with customers’ orders on checks.  To prevent a food server steals customers’payments without reports them. A food server must not destroy a void check but returns it to his manager.  


Problem 2-8

Identify whether the following transactions belong in a master file or a transaction file.

a.	Update customer address change		 - Master file
b.	Update unit pricing information		- Master file
c.	Record daily sales				- Transaction file
d.	Record payroll checks			- Transaction file
e.	Change employee pay rates 			-  Master file
f.	Record production run variances		- Transaction file
g.	Record Sales Commissions 			- Transaction file
h.	Change employee office location 		-  Master file
i.	Update accounts payable balance 		- Master file
j.	Update the accounts receivable balance 	- Master file
k.	Change vendor payment discount terms	 - Master file
l.	Record purchases 				- Transaction file

Problem 2-11

For each of the following scenarios identify which data processing method (batch or online, real-time) would be the most appropriate. 

a.  online-real time
b.  online-real time
c.  batch
d.  online-real time
e.  batch
f.  batch
g.  batch

Discussion Question 2-2

By using pre-numbered checks to write up customer orders at restaurants is an example of a good internal control. It helps managers to calculate how much payments should received from customers by comparing with customers’ orders on checks.  To prevent a food server steals customers’payments without reports them. A food server must not destroy a void check but returns it to his manager.  


Problem 2-8

Identify whether the following transactions belong in a master file or a transaction file.

a.	Update customer address change		 - Master file
b.	Update unit pricing information		- Master file
c.	Record daily sales				- Transaction file
d.	Record payroll checks			- Transaction file
e.	Change employee pay rates 			-  Master file
f.	Record production run variances		- Transaction file
g.	Record Sales Commissions 			- Transaction file
h.	Change employee office location 		-  Master file
i.	Update accounts payable balance 		- Master file
j.	Update the accounts receivable balance 	- Master file
k.	Change vendor payment discount terms	 - Master file
l.	Record purchases 				- Transaction file

Problem 2-11

For each of the following scenarios identify which data processing method (batch or online, real-time) would be the most appropriate. 

a.  online-real time
b.  online-real time
c.  batch
d.  online-real time
e.  batch
f.  batch
g.  batch

Discussion Question 2-2

By using pre-numbered checks to write up customer orders at restaurants is an example of a good internal control. It helps managers to calculate how much payments should received from customers by comparing with customers’ orders on checks.  To prevent a food server steals customers’payments without reports them. A food server must not destroy a void check but returns it to his manager.  


Problem 2-8

Identify whether the following transactions belong in a master file or a transaction file.

a.	Update customer address change		 - Master file
b.	Update unit pricing information		- Master file
c.	Record daily sales				- Transaction file
d.	Record payroll checks			- Transaction file
e.	Change employee pay rates 			-  Master file
f.	Record production run variances		- Transaction file
g.	Record Sales Commissions 			- Transaction file
h.	Change employee office location 		-  Master file
i.	Update accounts payable balance 		- Master file
j.	Update the accounts receivable balance 	- Master file
k.	Change vendor payment discount terms	 - Master file
l.	Record purchases 				- Transaction file

Problem 2-11

For each of the following scenarios identify which data processing method (batch or online, real-time) would be the most appropriate. 

a.  online-real time
b.  online-real time
c.  batch
d.  online-real time
e.  batch
f.  batch
g.  batch

Discussion Question 2-2

By using pre-numbered checks to write up customer orders at restaurants is an example of a good internal control. It helps managers to calculate how much payments should received from customers by comparing with customers’ orders on checks.  To prevent a food server steals customers’payments without reports them. A food server must not destroy a void check but returns it to his manager.  


Problem 2-8

Identify whether the following transactions belong in a master file or a transaction file.

a.	Update customer address change		 - Master file
b.	Update unit pricing information		- Master file
c.	Record daily sales				- Transaction file
d.	Record payroll checks			- Transaction file
e.	Change employee pay rates 			-  Master file
f.	Record production run variances		- Transaction file
g.	Record Sales Commissions 			- Transaction file
h.	Change employee office location 		-  Master file
i.	Update accounts payable balance 		- Master file
j.	Update the accounts receivable balance 	- Master file
k.	Change vendor payment discount terms	 - Master file
l.	Record purchases 				- Transaction file

Problem 2-11

For each of the following scenarios identify which data processing method (batch or online, real-time) would be the most appropriate. 

a.  online-real time
b.  online-real time
c.  batch
d.  online-real time
e.  batch
f.  batch
g.  batch

Discussion Question 2-2

By using pre-numbered checks to write up customer orders at restaurants is an example of a good internal control. It helps managers to calculate how much payments should received from customers by comparing with customers’ orders on checks.  To prevent a food server steals customers’payments without reports them. A food server must not destroy a void check but returns it to his manager.  


Problem 2-8

Identify whether the following transactions belong in a master file or a transaction file.

a.	Update customer address change		 - Master file
b.	Update unit pricing information		- Master file
c.	Record daily sales				- Transaction file
d.	Record payroll checks			- Transaction file
e.	Change employee pay rates 			-  Master file
f.	Record production run variances		- Transaction file
g.	Record Sales Commissions 			- Transaction file
h.	Change employee office location 		-  Master file
i.	Update accounts payable balance 		- Master file
j.	Update the accounts receivable balance 	- Master file
k.	Change vendor payment discount terms	 - Master file
l.	Record purchases 				- Transaction file

Problem 2-11

For each of the following scenarios identify which data processing method (batch or online, real-time) would be the most appropriate. 

a.  online-real time
b.  online-real time
c.  batch
d.  online-real time
e.  batch
f.  batch
g.  batch

Discussion Question 2-2

By using pre-numbered checks to write up customer orders at restaurants is an example of a good internal control. It helps managers to calculate how much payments should received from customers by comparing with customers’ orders on checks.  To prevent a food server steals customers’payments without reports them. A food server must not destroy a void check but returns it to his manager.  


Problem 2-8

Identify whether the following transactions belong in a master file or a transaction file.

a.	Update customer address change		 - Master file
b.	Update unit pricing information		- Master file
c.	Record daily sales				- Transaction file
d.	Record payroll checks			- Transaction file
e.	Change employee pay rates 			-  Master file
f.	Record production run variances		- Transaction file
g.	Record Sales Commissions 			- Transaction file
h.	Change employee office location 		-  Master file
i.	Update accounts payable balance 		- Master file
j.	Update the accounts receivable balance 	- Master file
k.	Change vendor payment discount terms	 - Master file
l.	Record purchases 				- Transaction file

Problem 2-11

For each of the following scenarios identify which data processing method (batch or online, real-time) would be the most appropriate. 

a.  online-real time
b.  online-real time
c.  batch
d.  online-real time
e.  batch
f.  batch
g.  batch

Discussion Question 2-2

By using pre-numbered checks to write up customer orders at restaurants is an example of a good internal control. It helps managers to calculate how much payments should received from customers by comparing with customers’ orders on checks.  To prevent a food server steals customers’payments without reports them. A food server must not destroy a void check but returns it to his manager.  


Problem 2-8

Identify whether the following transactions belong in a master file or a transaction file.

a.	Update customer address change		 - Master file
b.	Update unit pricing information		- Master file
c.	Record daily sales				- Transaction file
d.	Record payroll checks			- Transaction file
e.	Change employee pay rates 			-  Master file
f.	Record production run variances		- Transaction file
g.	Record Sales Commissions 			- Transaction file
h.	Change employee office location 		-  Master file
i.	Update accounts payable balance 		- Master file
j.	Update the accounts receivable balance 	- Master file
k.	Change vendor payment discount terms	 - Master file
l.	Record purchases 				- Transaction file

Problem 2-11

For each of the following scenarios identify which data processing method (batch or online, real-time) would be the most appropriate. 

a.  online-real time
b.  online-real time
c.  batch
d.  online-real time
e.  batch
f.  batch
g.  batch

Discussion Question 2-2

By using pre-numbered checks to write up customer orders at restaurants is an example of a good internal control. It helps managers to calculate how much payments should received from customers by comparing with customers’ orders on checks.  To prevent a food server steals customers’payments without reports them. A food server must not destroy a void check but returns it to his manager.  


Problem 2-8

Identify whether the following transactions belong in a master file or a transaction file.

a.	Update customer address change		 - Master file
b.	Update unit pricing information		- Master file
c.	Record daily sales				- Transaction file
d.	Record payroll checks			- Transaction file
e.	Change employee pay rates 			-  Master file
f.	Record production run variances		- Transaction file
g.	Record Sales Commissions 			- Transaction file
h.	Change employee office location 		-  Master file
i.	Update accounts payable balance 		- Master file
j.	Update the accounts receivable balance 	- Master file
k.	Change vendor payment discount terms	 - Master file
l.	Record purchases 				- Transaction file

Problem 2-11

For each of the following scenarios identify which data processing method (batch or online, real-time) would be the most appropriate. 

a.  online-real time
b.  online-real time
c.  batch
d.  online-real time
e.  batch
f.  batch
g.  batch

Discussion Question 2-2

By using pre-numbered checks to write up customer orders at restaurants is an example of a good internal control. It helps managers to calculate how much payments should received from customers by comparing with customers’ orders on checks.  To prevent a food server steals customers’payments without reports them. A food server must not destroy a void check but returns it to his manager.  


Problem 2-8

Identify whether the following transactions belong in a master file or a transaction file.

a.	Update customer address change		 - Master file
b.	Update unit pricing information		- Master file
c.	Record daily sales				- Transaction file
d.	Record payroll checks			- Transaction file
e.	Change employee pay rates 			-  Master file
f.	Record production run variances		- Transaction file
g.	Record Sales Commissions 			- Transaction file
h.	Change employee office location 		-  Master file
i.	Update accounts payable balance 		- Master file
j.	Update the accounts receivable balance 	- Master file
k.	Change vendor payment discount terms	 - Master file
l.	Record purchases 				- Transaction file

Problem 2-11

For each of the following scenarios identify which data processing method (batch or online, real-time) would be the most appropriate. 

a.  online-real time
b.  online-real time
c.  batch
d.  online-real time
e.  batch
f.  batch
g.  batch

Discussion Question 2-2

By using pre-numbered checks to write up customer orders at restaurants is an example of a good internal control. It helps managers to calculate how much payments should received from customers by comparing with customers’ orders on checks.  To prevent a food server steals customers’payments without reports them. A food server must not destroy a void check but returns it to his manager.  


Problem 2-8

Identify whether the following transactions belong in a master file or a transaction file.

a.	Update customer address change		 - Master file
b.	Update unit pricing information		- Master file
c.	Record daily sales				- Transaction file
d.	Record payroll checks			- Transaction file
e.	Change employee pay rates 			-  Master file
f.	Record production run variances		- Transaction file
g.	Record Sales Commissions 			- Transaction file
h.	Change employee office location 		-  Master file
i.	Update accounts payable balance 		- Master file
j.	Update the accounts receivable balance 	- Master file
k.	Change vendor payment discount terms	 - Master file
l.	Record purchases 				- Transaction file

Problem 2-11

For each of the following scenarios identify which data processing method (batch or online, real-time) would be the most appropriate. 

a.  online-real time
b.  online-real time
c.  batch
d.  online-real time
e.  batch
f.  batch
g.  batch

Discussion Question 2-2

By using pre-numbered checks to write up customer orders at restaurants is an example of a good internal control. It helps managers to calculate how much payments should received from customers by comparing with customers’ orders on checks.  To prevent a food server steals customers’payments without reports them. A food server must not destroy a void check but returns it to his manager.  


Problem 2-8

Identify whether the following transactions belong in a master file or a transaction file.

a.	Update customer address change		 - Master file
b.	Update unit pricing information		- Master file
c.	Record daily sales				- Transaction file
d.	Record payroll checks			- Transaction file
e.	Change employee pay rates 			-  Master file
f.	Record production run variances		- Transaction file
g.	Record Sales Commissions 			- Transaction file
h.	Change employee office location 		-  Master file
i.	Update accounts payable balance 		- Master file
j.	Update the accounts receivable balance 	- Master file
k.	Change vendor payment discount terms	 - Master file
l.	Record purchases 				- Transaction file

Problem 2-11

For each of the following scenarios identify which data processing method (batch or online, real-time) would be the most appropriate. 

a.  online-real time
b.  online-real time
c.  batch
d.  online-real time
e.  batch
f.  batch
g.  batch

Discussion Question 2-2

By using pre-numbered checks to write up customer orders at restaurants is an example of a good internal control. It helps managers to calculate how much payments should received from customers by comparing with customers’ orders on checks.  To prevent a food server steals customers’payments without reports them. A food server must not destroy a void check but returns it to his manager.  


Problem 2-8

Identify whether the following transactions belong in a master file or a transaction file.

a.	Update customer address change		 - Master file
b.	Update unit pricing information		- Master file
c.	Record daily sales				- Transaction file
d.	Record payroll checks			- Transaction file
e.	Change employee pay rates 			-  Master file
f.	Record production run variances		- Transaction file
g.	Record Sales Commissions 			- Transaction file
h.	Change employee office location 		-  Master file
i.	Update accounts payable balance 		- Master file
j.	Update the accounts receivable balance 	- Master file
k.	Change vendor payment discount terms	 - Master file
l.	Record purchases 				- Transaction file

Problem 2-11

For each of the following scenarios identify which data processing method (batch or online, real-time) would be the most appropriate. 

a.  online-real time
b.  online-real time
c.  batch
d.  online-real time
e.  batch
f.  batch
g.  batch

Discussion Question 2-2

By using pre-numbered checks to write up customer orders at restaurants is an example of a good internal control. It helps managers to calculate how much payments should received from customers by comparing with customers’ orders on checks.  To prevent a food server steals customers’payments without reports them. A food server must not destroy a void check but returns it to his manager.  


Problem 2-8

Identify whether the following transactions belong in a master file or a transaction file.

a.	Update customer address change		 - Master file
b.	Update unit pricing information		- Master file
c.	Record daily sales				- Transaction file
d.	Record payroll checks			- Transaction file
e.	Change employee pay rates 			-  Master file
f.	Record production run variances		- Transaction file
g.	Record Sales Commissions 			- Transaction file
h.	Change employee office location 		-  Master file
i.	Update accounts payable balance 		- Master file
j.	Update the accounts receivable balance 	- Master file
k.	Change vendor payment discount terms	 - Master file
l.	Record purchases 				- Transaction file

Problem 2-11

For each of the following scenarios identify which data processing method (batch or online, real-time) would be the most appropriate. 

a.  online-real time
b.  online-real time
c.  batch
d.  online-real time
e.  batch
f.  batch
g.  batch

Discussion Question 2-2

By using pre-numbered checks to write up customer orders at restaurants is an example of a good internal control. It helps managers to calculate how much payments should received from customers by comparing with customers’ orders on checks.  To prevent a food server steals customers’payments without reports them. A food server must not destroy a void check but returns it to his manager.  


Problem 2-8

Identify whether the following transactions belong in a master file or a transaction file.

a.	Update customer address change		 - Master file
b.	Update unit pricing information		- Master file
c.	Record daily sales				- Transaction file
d.	Record payroll checks			- Transaction file
e.	Change employee pay rates 			-  Master file
f.	Record production run variances		- Transaction file
g.	Record Sales Commissions 			- Transaction file
h.	Change employee office location 		-  Master file
i.	Update accounts payable balance 		- Master file
j.	Update the accounts receivable balance 	- Master file
k.	Change vendor payment discount terms	 - Master file
l.	Record purchases 				- Transaction file

Problem 2-11

For each of the following scenarios identify which data processing method (batch or online, real-time) would be the most appropriate. 

a.  online-real time
b.  online-real time
c.  batch
d.  online-real time
e.  batch
f.  batch
g.  batch

Discussion Question 2-2

By using pre-numbered checks to write up customer orders at restaurants is an example of a good internal control. It helps managers to calculate how much payments should received from customers by comparing with customers’ orders on checks.  To prevent a food server steals customers’payments without reports them. A food server must not destroy a void check but returns it to his manager.  


Problem 2-8

Identify whether the following transactions belong in a master file or a transaction file.

a.	Update customer address change		 - Master file
b.	Update unit pricing information		- Master file
c.	Record daily sales				- Transaction file
d.	Record payroll checks			- Transaction file
e.	Change employee pay rates 			-  Master file
f.	Record production run variances		- Transaction file
g.	Record Sales Commissions 			- Transaction file
h.	Change employee office location 		-  Master file
i.	Upd