Recording and Communicating Detailed System Specifications, Including Procedures for End

question 70

Multiple Choice

Recording and communicating detailed system specifications, including procedures for end users and IS personnel and examples of input screens, output displays, and reports, is a(n) _______________ activity.

• A) acquisition
• B) software development
• C) documentation
• D) conversion

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Definitions:

Bank Reconciliation

The process of verifying and reconciling the balance of a bank account with the corresponding financial records of a company or individual.

Internal Controls

Processes put in place by a company to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.

NSF Check

A check that cannot be processed due to insufficient funds in the account it's drawn against; stands for "Non-Sufficient Funds."

Bank Reconciliation

A bank reconciliation is a process that explains the difference between the bank balance shown in an organization's bank statement and the corresponding amount shown in the organization's own accounting records.