Flowcharts can impact the design, implementation and evaluation of an accounting information system. Determine whether each statement
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Question:
Flowcharts can impact the design, implementation and evaluation of an accounting information system. Determine whether each statement below is:
(i) Always true,
(ii) Sometimes true
(iii) Never true.
a. Accounting information systems have five generic elements; a flowchart can be an example of at least one of the elements.
b. All aspects of an AIS should always be represented in a single flowchart of no more than three pages.
c. Flowcharts are required if a company wants to use the COSO internal control framework.
d. Flowcharts are useful to auditors.
e. Flowcharts can be used as part of a business process management project for an AIS.
Related Book For
Accounting Information Systems basic concepts and current issues
ISBN: 978-0078025334
3rd edition
Authors: Robert Hurt
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