Elements of the AIS - Most Accounting Information Systems Comprise

question 28

Essay

Elements of the AIS - Most accounting information systems comprise five components; they are listed below, along with examples of each from the text. In the space provided, provide one additional example of each element. $$\begin{array} { | l | l | l | } \hline \text { Input } & \begin{array} { l } \text { Purchase order, } \\\text { sales invoice }\end{array} &\quad\quad\quad\quad\quad\quad\\\hline \text { Process } & \begin{array} { l } \text { Computer hardware, } \\\text { satellites }\end{array} & \\\hline \text { Output } & \begin{array} { l } \text { General-purpose financial } \\\text { statements, variance analyses }\end{array} & \\\hline \text { Storage } & \begin{array} { l } \text { Cash register, computer hard } \\\text { drive }\end{array} & \\\hline \text { Internal control } & \begin{array} { l } \text { Data backups, separation of } \\\text { duties }\end{array} & \\\hline\end{array}$$

---

Definitions:

Correlated

When two or more variables have a measurable relationship or association with each other, often investigated through statistical analysis.

Positive Correlation

A relationship between two variables where they both move in the same direction, meaning as one variable increases, the other also increases.

Intelligence

The ability to acquire knowledge, think abstractly, understand complex ideas, and solve problems.

Academic Success

The achievement of educational benchmarks that include high grades, satisfactory scores, or other measures of performance excellence in a scholastic setting.