Ashley Richardson
11/15/2013
Western Governors University

AUO1 – Auditing and Information Systems
Additional Study Questions/ Study Guide

1. Accounting Information Systems
Competency 302.1.1: Nature and Purpose
The student understands the nature and purpose of information systems.

* What is the difference between transaction processing systems, management information systems, and decision support systems?

2. Transaction processing systems - document financial activities

3. Management information systems - used to collect qualitative as well as quantitative information for decision making within organizations

4. Decision support systems - help the developers of an AIS identify what information they need for their planning, decision making, and control functions

* How is a flowchart used?

5. A document flowchart traces the physical flow of documents through an organization—that is, the flow of documents from the departments, groups, or individuals who first created them to their final destinations.

* How is the accounting information system documented? 6.
An accounting information system is a collection of data and processing procedures that creates needed information for its users. An information system's components: Data or information is input, processed, and output as information for planning, decision-making, and control purposes.
1. Data flow diagrams provide both a physical and a logical view of a system, but concentrate more on the flow and transformation of data than on the physical devices or timing of inputs, processing, or outputs.
2. A document flowchart describes the physical flow of documents through an AIS, for example, by providing an overview of where documents are created, sent, reviewed, and stored, and what activities they trigger.
3. A system flowchart describes the