FIGURE 165 General Ledger and Business Reporting Proceslel O Data Row Diagam Budgeling department Various foeder processes 1.0 Valdate busines event updatee Budget and act Validated business event updates 5.0 Record budget Managerial reporting department 2.0 Post General ledger master data event data 6.0 Close accounts 3.0 Record adjust- Prepare business reports ments Adjusting entry joumal vouchens GAAP-based financial statements NOTES: O Feeder systems indlude those trom application Chapters 10-15 plus the treasurer. Various O Transaction updates include those discussed in the other appilication chapters plus investing transaction and financing transacion updates from the treasurer Controller Treasurer extemal users omet Coogle Doc x C Get Homework Help With Chege X 10807/assignments/6081715 (Note: The first of these is explicitly stated in the textbook, and the second is a very basic entry that you should be able to use common sense to come up with based on the nature of the transaction) Question 2 (4 pts) Please refer to page 628, Fig. 16.5, which depicts the Level O DFD for the GL/BR business process. Notice that the "Various feeder processes" source symbol in the top left leads to a process bubble labeled "1.0 Validate business event updates". These business event updates include those we have studied in Chapters 10, 11, 12 and 13 along with updates from areas such as payroll, production (if a manufacturing facility), etc. that we have not studied (and you are not responsible for). 1. Briefly explain how the need to validate business event updates (process bubble 1.0) prior to posting the event data (process bubble 2.0 in the same diagram) in cases involving multiple similar transactions (e.g. daily cash receipts) lends itself to the use of a "periodic" processing mode as first described in Chapter 3. 2. In general, what type of accounts are event data "posted" to? (Hint: this was also first noted in Chapter 3). Question 3 (3pts) FIGURE 165 General Ledger and Business Reporting Proceslel O Data Row Diagam Budgeling department Various foeder processes 1.0 Valdate busines event updatee Budget and act Validated business event updates 5.0 Record budget Managerial reporting department 2.0 Post General ledger master data event data 6.0 Close accounts 3.0 Record adjust- Prepare business reports ments Adjusting entry joumal vouchens GAAP-based financial statements NOTES: O Feeder systems indlude those trom application Chapters 10-15 plus the treasurer. Various O Transaction updates include those discussed in the other appilication chapters plus investing transaction and financing transacion updates from the treasurer Controller Treasurer extemal users omet Coogle Doc x C Get Homework Help With Chege X 10807/assignments/6081715 (Note: The first of these is explicitly stated in the textbook, and the second is a very basic entry that you should be able to use common sense to come up with based on the nature of the transaction) Question 2 (4 pts) Please refer to page 628, Fig. 16.5, which depicts the Level O DFD for the GL/BR business process. Notice that the "Various feeder processes" source symbol in the top left leads to a process bubble labeled "1.0 Validate business event updates". These business event updates include those we have studied in Chapters 10, 11, 12 and 13 along with updates from areas such as payroll, production (if a manufacturing facility), etc. that we have not studied (and you are not responsible for). 1. Briefly explain how the need to validate business event updates (process bubble 1.0) prior to posting the event data (process bubble 2.0 in the same diagram) in cases involving multiple similar transactions (e.g. daily cash receipts) lends itself to the use of a "periodic" processing mode as first described in Chapter 3. 2. In general, what type of accounts are event data "posted" to? (Hint: this was also first noted in Chapter 3). Question 3 (3pts)
