The Chapter Discussed Four Types of Flowcharts; Flowcharts Can Impact

question 65

Essay

The chapter discussed four types of flowcharts; flowcharts can impact the design, implementation and evaluation of an accounting information system.Determine whether each statement below is: (i) always true, (ii) sometimes true or (iii) never true.
a.A document flowchart should be used as part of developing an enterprise risk management plan based on the COSO framework.
b.A hardware flowchart can be a guide in recommending technology-related internal controls.
c.Because the "S" in AIS stands for "system," only systems flowcharts are useful in AIS work.
d.Program flowcharts are never relevant in accounting information systems.
e.Since most documents in an AIS are electronic, document flowcharts are rarely relevant in designing, implementing and evaluating accounting information systems.

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Definitions:

Traditional Authority

The norm in tribal and feudal societies, involves rulers inheriting authority through family or clan ties. The right of a family or clan to monopolize leadership is widely believed to derive from the will of a god.

Tribal Societies

Societies organized primarily on kinship and lineage with social, economic, and political structures governed by traditions and customs.

Feudal Societies

Societies characterized by a hierarchical system of governance based on land ownership and service, prevalent in medieval Europe.

Charismatic Authority

Charismatic authority is a type of leadership where the leader's influence is based on their personal charm and the devotion they inspire in their followers, rather than traditional or legal power.