Preview

Economic Growth Disadvantage and Advantage

Satisfactory Essays
Open Document
Open Document
1798 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Economic Growth Disadvantage and Advantage
Accounting
Information
Systems
9th Edition
Marshall B. Romney
Paul John Steinbart

©2003 Prentice Hall Business Publishing,
Accounting Information Systems, 9/e, Romney/Steinbart

6-1

Systems Development and Documentation
Techniques

Chapter 6

©2003 Prentice Hall Business Publishing,
Accounting Information Systems, 9/e, Romney/Steinbart

6-2

Learning Objectives
1

2

Prepare and use data flow diagrams to understand, evaluate, and design information systems.
Draw flowcharts to understand, evaluate, and design information systems. ©2003 Prentice Hall Business Publishing,
Accounting Information Systems, 9/e, Romney/Steinbart

6-3

Introduction
S&S opened a year ago.
 Ashton Fleming has been very busy.
 Kimberly Serra from Computer
Applications explained to Ashton that her company developed systems ranging from simple general ledger operations to highly integrated software. 

©2003 Prentice Hall Business Publishing,
Accounting Information Systems, 9/e, Romney/Steinbart

6-4

Introduction



1

2

Ashton’s first priority is to understand S&S’s information needs more clearly.
Ashton was given the following assignments:
What types of tools and techniques should S&S use to document its existing system so it is easy to understand and evaluate?
What development tools and techniques should
S&S use to design its new computer-based information system?

©2003 Prentice Hall Business Publishing,
Accounting Information Systems, 9/e, Romney/Steinbart

6-5

Introduction
This chapter explains the most common systems documentation tools and techniques.
 They include data flow diagrams and flowcharts.  These tools save both time and money, adding value to an organization. 

©2003 Prentice Hall Business Publishing,
Accounting Information Systems, 9/e, Romney/Steinbart

6-6

Introduction


The chapter discusses the following five documentation tools:
1
2
3
4

Data

You May Also Find These Documents Helpful

  • Better Essays

    Kudler Fine Foods

    • 971 Words
    • 4 Pages

    Core Concepts of Accounting Information System Author: Nancy A. Bagranoff copyright © 2008 John Wiley & Sons, Inc.…

    • 971 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    Fontinelle, A. (2011, March 2). Introduction To Accounting Information Systems. Retrieved May 26, 2015, from http://www.investopedia.com/articles/professionaleducation/11/accounting-information-systems.asp…

    • 580 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    As depicted by Green’s Blacksmith at the Forge (1855) and Menzel’s The Iron Rolling Mill (1875), how did the process of industrialization alter people’s relationships to their work/occupation?…

    • 598 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Economics growth is, it the short run an increase in real GDP and in the long run an increase in the productive capacity of an economy (the maximum output that the economy can produce). GDP stands for Gross Domestic Product which is the country’s production of goods and services valued at market price in a given time period. Real GDP is when these figures are corrected for inflation using a base year (The UK uses 2003 as its base year). It can be measured in three different ways; the output measure is the value of the goods and services produced by all sectors of the economy; agriculture, manufacturing, energy, construction, the service sector and government. The expenditure measure is the value of the goods and services purchased by households and by government, investment in machinery and buildings. It also includes the value of exports minus imports and finally the income method is the value of the income generated mostly in terms of profits and wages. Economic growth is often a result of low unemployment, which has an effect on the components of aggregate demand in that consumption will rise as when more people have a job, more people have more disposable income, savings and investment rise and with this productivity rises too. Long-term economic growth will arise from a continuous percentage increase in real GDP however it may not always be sustainable.…

    • 889 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Economic Growth

    • 516 Words
    • 3 Pages

    1. Is it proper to multiply the average order size, $42.33, by the number of addresses (1,300,000) in the target mailing?…

    • 516 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    “Industrial America - American Memory Timeline- Classroom Presentation | Teacher Resources.” Asia-Pacific Economic Blog, 30 May 2014, apecsec.org/pros-and-cons-of-industrial-revolution/. Accessed 9 Mar. 2017. Pros and Cons of Industrial Revolution encases the growth of the economy in the United States through the change in America exhibiting the good and the bad effects of industrialization. The changes that occurred were new technologies, techniques, methods, and machinery for producing goods resulting in advancements in the following areas: architecture, agriculture, transportation, and communication. Even though industrialization possessed several properties, the increase in the standard of living was effected the heaviest. The mass…

    • 227 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    The Industrialization of the United States Benefited as well as hurt our economy, society and government. The initiation of railroads and the growth of American Industries played a very important role in the growth of the country. Railroads made it businesses able to spread their product throughout the nation and Industries raised the Manufacturing rate and profit. These two advancements benefited our citizens greatly, but had its flaws and downsides.…

    • 495 Words
    • 2 Pages
    Good Essays
  • Good Essays

    1.Efficiency. free market economies are very competitive. Most of their industries are assumed to be perfectly competitive and so allocative and productive efficiency will occur.As their main aim is profit motive so free market economies allocate their resources more efficiently as compared to planned economy. Decisions about what to produce are made by the people who will actually consume the goods. Planners are less likely to make the correct decisions across the whole economy.…

    • 685 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Capital: Able was the first one to have capital. After trying to catch fish with his bare hands, he decided that he needed to find a better way to catch the fish. He then came up with the idea of building a net for the fish. Later on Baker and Charlie made an even bigger net; therefore, they had more capital than Able did in the beginning.…

    • 402 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    How should we approach research when we are a part of the reality being researching?…

    • 887 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Before discussing the causes and effects of economic growth, I will define what economic growth actually is and distinguish between the two types of growth in the economy; actual and potential. On the whole, economic growth may be defined as ‘a long-run increase in an economy’s productive capacity and trend output’. The long-run output growth trend an economy achieves is indicated by the path of trend Gross Domestic Profit (GDP) and is usually calculated as a percentage average annual output growth over a large number of years. This is because, given long enough, the phases of the business cycle averages out so that increases in the economy’s real GDP are largely due to the growth of productive capacity. The graph below shows the Actual GDP and the Trend GDP. From this graph it is clear that when the Actual GDP evens out to show the underlying Trend GDP, there is still an increase in the Real Gross Domestic Profit.…

    • 1736 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Industrialisation is the process of social and economic change that transforms a human group from an agrarian society into an industrial one. It is a part of a wider modernisation process, where social change and economic development are closely related with technological innovation, particularly with the development of large-scale energy and metallurgy production. It is the extensive organisation of an economy for the purpose of manufacturing.…

    • 551 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Eternity has three aspects. It has the fear of the unknown when people feel they are not prepared to enter the next world. It has the hope of the unknown if people cannot bear the tribulations of life anymore. Lastly, it has the release of the unknown when people are well prepared to meet their physical death and go to the next world. Eternity is just a prayer away. In desperate hope the narrator went and searched for the spiritual door of eternity in all the corners of his room but he could not find her.…

    • 1201 Words
    • 5 Pages
    Good Essays
  • Good Essays

    economic development

    • 711 Words
    • 3 Pages

    A developed country, industrialized country, or "more developed country" (MDC), is a sovereign state that has a highly developed economy and advanced technological infrastructure relative to other less industrialized nations. Most commonly, the criteria for evaluating the degree of economic development are gross domestic product (GDP), the per capita income, level of industrialization, amount of widespread infrastructure and general standard of living.[1] Which criteria are to be used and which countries can be classified as being developed are subjects of debate.…

    • 711 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Economic Development

    • 921 Words
    • 4 Pages

    [Pick the date] | Home | development | Economic development, achieved largely through productivity growth, is very important to both developed and developing nations. However, even though we know that higher productivity leads to improved economic outcomes there has been no consensus among researchers about either the desired path of development or the role of state in economic development. Concerning the path of development, Lall (2001) says that the appropriate strategy for any country depends not only on its objective economic situation but also on its government policies and national views regarding the appropriate role of the state.…

    • 921 Words
    • 4 Pages
    Good Essays

Related Topics