Topic 9

1. What are the documents that will be involved/produced in the General Ledger and
Reporting System?

2. What is the objective in Post Adjusting Entries activity in General Ledger and Reporting
System?

1. Does what if analysis involve in the General Ledger and Reporting System? Why?

2. What are the outputs from prepare financial statements process in DFD? What are the
external entities involved in the process?

1. Explain some of the internal controls in the system.

2. What is the objective of Journal Entry & Financial Reporting System

1. Explain some of the internal controls in the system.

2. What is the objective of Journal Entry & Financial Reporting System

1. Why do you think the property system is important in the system?

2. What are the files involved in the property system?

1. Explain the controls in property system.

2. Explain the controls in Journal Entry & Financial Reporting System.

Topic 8

1. What is the relationship between revenue cycle and production cycle?

2. What are the four basic activities in production cycle?

1. One of the documents associated with the product design is move tickets. Do you
agree? Why?

2. Which activity in production cycle is crucial in avoiding creating excess inventories?

Explain.
1. “Degree of automation in production cycle can influence the production process”.
What do you think?

2. Why there is a need to have inquiry processing system module in online production
cycle information system?

1. Why internal control procedures are important in production cycle?

2. What is the difference between inventory system and cost accounting system?

1. In inventory system, what are the verification of input and explain its importance?

2. Does inventory master record involve in inventory system? Why?

1. In the cost accounting system, what are the tasks/operations will take place in
processing?

2. In both applications – cost accounting system and inventory system, control total is
performed. Why do you think this task is important?