Unit 2 Module 2 ISC CPA Exam
Questions and Answers
this is where everything in the transaction cycle links back to - ANSWER-general
ledger and reporting cycles
what are the four broad areas of process improvements - ANSWER-1. automation
2. shared services
3. outsourcing
4. offshore applications
general term for the automation of business processes using computer programs
designed to perform repetitive tasks - ANSWER-business process automation
seeking out redundant services, combining them, and then sharing those services
within a group or organization - ANSWER-shared services
defined as the contracting of services to an external provider - ANSWER-outsourcing
relates to outsourcing of services or business functions to an external party in a
different country - ANSWER-offshore operations
specific form of business process automation that refers to the use of programs to
perform repetitive tasks that do not require skilled human labor such as extracting
information from a user interface - ANSWER-Robotic Process Automation (RPA)
application of RPA using light detection and ranging - ANSWER-lidar
involves the technology developed and used to encode, decode, and interpret
human languages so that technology can perform tasks, interact with other humans,
or carry out commands on other technological devices - ANSWER-Natural Language
Processing Software (NLP)
form of technology that is modeled after neurons that facilitate the function of human
or animal memory - ANSWER-Neural networks
the layers of a neural network are - ANSWER-1. input layer
2. hidden layer
3. output layer
An accounting information system (AIS) is distinguished from an enterprise resource
planning (ERP) system by the fact that:
- An AIS is a subsystem within an ERP.
- An AIS is control-oriented, whereas an ERP is used exclusively for planning.
Questions and Answers
this is where everything in the transaction cycle links back to - ANSWER-general
ledger and reporting cycles
what are the four broad areas of process improvements - ANSWER-1. automation
2. shared services
3. outsourcing
4. offshore applications
general term for the automation of business processes using computer programs
designed to perform repetitive tasks - ANSWER-business process automation
seeking out redundant services, combining them, and then sharing those services
within a group or organization - ANSWER-shared services
defined as the contracting of services to an external provider - ANSWER-outsourcing
relates to outsourcing of services or business functions to an external party in a
different country - ANSWER-offshore operations
specific form of business process automation that refers to the use of programs to
perform repetitive tasks that do not require skilled human labor such as extracting
information from a user interface - ANSWER-Robotic Process Automation (RPA)
application of RPA using light detection and ranging - ANSWER-lidar
involves the technology developed and used to encode, decode, and interpret
human languages so that technology can perform tasks, interact with other humans,
or carry out commands on other technological devices - ANSWER-Natural Language
Processing Software (NLP)
form of technology that is modeled after neurons that facilitate the function of human
or animal memory - ANSWER-Neural networks
the layers of a neural network are - ANSWER-1. input layer
2. hidden layer
3. output layer
An accounting information system (AIS) is distinguished from an enterprise resource
planning (ERP) system by the fact that:
- An AIS is a subsystem within an ERP.
- An AIS is control-oriented, whereas an ERP is used exclusively for planning.
