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.Accounting information systems have five generic elements; a flowchart can be an example of at least one of the elements.
b.All aspects of an AIS should always be represented in a single flowchart of no more than three pages.
c.Flowcharts are required if a company wants to use the COSO internal control framework.
d.Flowcharts are useful to auditors.
e.Flowcharts can be used as part of a business process management project for an AIS.

Question

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The Answer of 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.Accounting information systems have five generic elements; a flowchart can be an example of at least one of the elements.
b.All aspects of an AIS should always be represented in a single flowchart of no more than three pages.
c.Flowcharts are required if a company wants to use the COSO internal control framework.
d.Flowcharts are useful to auditors.
e.Flowcharts can be used as part of a business process management project for an AIS.

Flowcharts Can Impact the Design, Implementation and Evaluation of an Accounting