Describe the data redundancy and concurrency issues

Assignment Help Accounting Basics
Reference no: EM131911868 , Length: word count:1000

Topic: Accounting Systems

Question: Examine the following case from Turner, Weickgenannt, and Copeland (2017):

Arminello, Inc. does not use a database system; rather, it maintains separate data files in each of its departments. When a sale occurs, the transaction is recorded in the sales department. Next, documentation is forwarded from the sales department to the accounting department so that the transaction can be recorded there. Finally, the customer service group is notified so that its records can be updated. (p. 499)

Describe the data redundancy and concurrency issues that are likely to arise under this scenario at Arminello, Inc. Then determine the requirements for the database system and recommend a solution to achieve the desired results. The recommendation must reflect best practices for timeliness and completeness of the information, the controls that need to be in place, and the best platform for the system.

Your paper should meet the following requirements:

  • Three to four pages (750-1000 words) in length (not including title and reference pages)
  • Formatted according to APA guidelines
  • Supported by three credible, academic sources in addition to the textbook.

Reference: Turner, L., Weickgenannt, A., & Copeland, M. K. (2017). Accounting information systems: The processes and controls (3rd ed.). John Wiley & Sons.

Reference no: EM131911868

Questions Cloud

Are people becoming too dependent on computers explain : As more and more people rely on computers to succeed each day, it begs the question - are people becoming too dependent on computers
What is yield to maturity : the bond's market price has fallen to $917.30. The capital gains yield last year was -8.27%. What is the yield to maturity?
How change management can help retain employee loyalty : Today's workforce is diverse in terms of age and other aspects that influence performance and success. Leaders must both motivate and support employees.
Describe how the given process would be affected : Describe how this process would be affected if there was a mutation in the operator region so that the operator could not carry out its function.
Describe the data redundancy and concurrency issues : Topic: Accounting Systems - Describe the data redundancy and concurrency issues that are likely to arise under this scenario at Arminello, Inc
How does the use of epo use enhance an athletes performance : What EPO is, how it works in the body and how the body rids itself of this hormone. How does the use of EPO use enhance an athlete's performance?
Does the information media have social responsibility : Answer the following questions: Does the information media have social responsibility? If yes, in what ways? If not, why not?
When the green baboon line runs along the horizontal axis : When the green Baboon line runs along the horizontal axis. When the green and black lines intersect. Just after the sharp peak of the green line.
What is the bond current market price : they have a $1,000 par value; the coupon interest rate is 11.5%; and the yield to maturity is 9%. What is the bond's current market price?

Reviews

len1911868

3/23/2018 1:03:50 AM

Formatted according to APA guidelines as explained in the CSU-Global Guide to Writing & APA (subheadings, 1" margins, and double spacing). Supported by three credible, academic sources in addition to the textbook. Academic sources should be located using the CSU-Global library. All paraphrased and quoted material must be properly cited per APA guidelines; only cited sources should be listed on the reference page. Write clearly and logically, as you will be graded on content, analysis, and your adherence to the tenets of good academic writing, which should be succinct where possible while also exploring the topics appropriately. Scholarly sources should be cited and integrated to bolster your own assertions and to supplement your ideas. Review the rubric in the Module 6 Materials folder for specific grading criteria.

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd