Editing MATCHING) Presented below is a list of terms relating to accounting information systems, followed by definitions of those terms. Required: Match the letter next to each definition with the appropriate term. Each answer will be used only once. E B C 1. XBRL 2. Telecommuting 3. JIT 4. Total quality management 5. OA 6. Primary business processes 7. Value chain 8. Web Trust 9. DSS 10. Executive information system I A. A way of viewing the company's activities in a manner suited to analyzing competitive advantages B. Allows employees to work at home and still have direct interaction with the organization's information systems C. An information system tailored to the information needs of top management D. A synonym for the acronym TQP E. A universal formatting language used for exchanging business documents via the Internet F. The use of electronic technology in the office or workplace G Date are processed into a decision malzina farmat for the end user nicolaus A. A way of viewing the company's activities in a manner suited to analyzing competitive advantages B. Allows employees to work at home and still have direct interaction with the organization's information systems C. An information system tailored to the information needs of top management D. A synonym for the acronym TQP E. A universal formatting language used for exchanging business documents via the Internet F. The use of electronic technology in the office or workplace G. Data are processed into a decision-making format for the end user H. A continuous flow environment that seeks to minimize or eliminate inventories I. Involves inbound and outbound logistics, operations, marketing, and service a. C. 24. Internal Control - 20 minutes Easy This is an unsatisfactory situation. Purchase requisitions should be made in writing, not verbally, by departments to the purchasing agent. b. This is a satisfactory situation. There is a separation of duty between custody of assets and the related record-keeping responsibility. This is an unsatisfactory situation. There is not a separation of duty between the operation of receiving deliveries and custody of the assets. Receiving operations related to shipments from vendors should be handled by clerks who are not responsible for managing the storeroom where goods are kept. d. This is an unsatisfactory situation. There is not a separation of duty between the operation of preparing purchase orders and custody of the assets. Purchase orders should be prepared by clerks who are not responsible for managing the storeroom where goods are kept. This is a satisfactory situation. Blind counts should be performed in receiving operations. f. This is an unsatisfactory situation. There is not a separation of duty between the operation of taking the inventory and custody of the assets. A periodic physical inventory should be taken and reconciled to the materials inventory records by clerks other than those clerks who are responsible for managing the storeroom where goods are kept. This is a satisfactory situation. Purchase orders should be compared to receiving reports before payment is made to a vendor to ensure that the goods have been received. h. This is a satisfactory situation. Copies of purchase orders should be sent to the personnel who made the original request for the material in order to inform them that the items are under order. i. This is a satisfactory situation. e. g. 1