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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.
________ 1.Fidelity bond
________ 2.Tickler file
________ 3.Suspense account
________ 4.Anticipation
________ 5.Corrective controls
________ 6.Input controls
________ 7.Authorization
________ 8.Batch sequence
________ 9.Forensic accounting
________ 10.Managerial audit
A.A synonym for batch serial numbers
B.The expectation of a given transaction or event at a particular time
C.A contract with an insurance company that provides a financial guarantee of the honesty of the individual who is named in the bond contract
D.A synonym for a managerial audit
E.A control total for items awaiting further processing
F.Designed to prevent or detect errors in the beginning stage of processing
G.An activity concerned with preventing and detecting fraud
H.A control file consisting of items sequenced by age used for processing or follow-up purposes
I.These act to correct errors
J.Limits the initiation of a transaction or performance of an activity to selected individuals
Theory Y
A management approach that assumes employees are inherently motivated and can exercise self-control and self-direction.
Human Behavior
The range of actions and mannerisms exhibited by humans in conjunction with their environment, social structures, and culture.
Determination
The firmness of purpose or the resolve to achieve a goal despite obstacles or difficulties.
McGregor's Theory X
A management theory that assumes employees are inherently lazy and will avoid work if they can, requiring strict supervision and control.
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