ACC 115-Flowchart Exercise Instructions: Carefully read the Flowchart problem (MAS Co., Ltd) in the Assignment #2 in Blackboard. Be prepared to answer the following questions during the online session on Wed., Feb. 24. Have a hard copy printout of the narrative of the Flowchart problem (MAS Co., Ltd) available for reference during the online session. 1. Which one of the 3 transaction cycles includes the business process described in the narrative? 2. Based the transaction cycle you selected in #1 which specific subsystem is described in the narrative? 3. Identify and list the functional areas or departments you think these activities occur? 4. Identify and list the various business documents, accounting records, and reports mentioned in the narrative. 5. What flowchart symbols are used to represent the various documents and records identified in #4 6. List the types of manual process that are performed with respect to the items you listed in 114 above. Manual processes include such tasks as preparing, reviewing, recording, and posting 7. What entities or functional areas mentioned fall outside the scope of the flowchart domain? 8. Indicate the final disposition of the various documents mentioned in the narrative. For example, the remittances slips are filed by date 9. What do we use to represent something coming from outside scope of flowchart? 10. What symbol do we use to represent a process? 11. Every process has two factors? What are they? 12. What are the inputs to the manual processes you identified in #5? 13. What are the outputs resulting from the manual processes you identified in #5? 14. Have we accounted for the disposition of all the documents? What happened to the various documents identified in #4? 15. What symbol(s) are used represent something coming from another department/functional area shown within the scope of the flowchart? 16. What symbol(s) do we use to represent something going outside the scope of flowchart? 17. Which symbol is used to represent a file? ACC 115-Flowchart Exercise Instructions: Carefully read the Flowchart problem (MAS Co., Ltd) in the Assignment #2 in Blackboard. Be prepared to answer the following questions during the online session on Wed., Feb. 24. Have a hard copy printout of the narrative of the Flowchart problem (MAS Co., Ltd) available for reference during the online session. 1. Which one of the 3 transaction cycles includes the business process described in the narrative? 2. Based the transaction cycle you selected in #1 which specific subsystem is described in the narrative? 3. Identify and list the functional areas or departments you think these activities occur? 4. Identify and list the various business documents, accounting records, and reports mentioned in the narrative. 5. What flowchart symbols are used to represent the various documents and records identified in #4 6. List the types of manual process that are performed with respect to the items you listed in 114 above. Manual processes include such tasks as preparing, reviewing, recording, and posting 7. What entities or functional areas mentioned fall outside the scope of the flowchart domain? 8. Indicate the final disposition of the various documents mentioned in the narrative. For example, the remittances slips are filed by date 9. What do we use to represent something coming from outside scope of flowchart? 10. What symbol do we use to represent a process? 11. Every process has two factors? What are they? 12. What are the inputs to the manual processes you identified in #5? 13. What are the outputs resulting from the manual processes you identified in #5? 14. Have we accounted for the disposition of all the documents? What happened to the various documents identified in #4? 15. What symbol(s) are used represent something coming from another department/functional area shown within the scope of the flowchart? 16. What symbol(s) do we use to represent something going outside the scope of flowchart? 17. Which symbol is used to represent a file
