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Ünite 6: Accounting/ Finance Information Systems — Kelime Bul

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The ••• that monitors the physical workflow of the manufacturing process, transforming raw materials, labor, and overhead into finished products while generating cost information.

Revenue Cycle — The ••• within the transaction processing system that deals with sales and sales-related activities, starting with receiving a customer order and ending with cash collection.

Conversion Cycle — The ••• that monitors the physical workflow of the manufacturing process, transforming raw materials, labor, and overhead into finished products while generating cost information.

Documentation — The process of defining a business transaction by identifying its parties, date, subject, quantity, and amount, which serves as the primary input for the accounting system.

Sales Order — A document prepared upon receiving a customer ••• that contains detailed information about the customer, the items •••, delivery dates, and the total amount.

Approved Sales Order — A ••• ••• that has been reviewed and authorized by the credit department, confirming the customer's creditworthiness and allowing the transaction to proceed.

Packing Slip — A document prepared by the warehouse that lists the specific items and quantities included in a shipment, used by the shipper and the customer to verify the delivery.

Bill of Lading — A formal contract between the seller and the carrier that details the terms, destination, and contents of the shipment, serving as proof of receipt by the carrier.

Purchase Order — A formal document sent by the purchasing department to a vendor, specifying the materials required, prices, delivery dates, and terms of the •••.

Receiving Report — A document prepared by the ••• department upon the arrival of goods, detailing the quantity, condition, and specifications of the items received.

Payroll Processing System — A specialized ••• designed to calculate employee earnings, manage tax and benefit withholdings, and maintain cumulative earnings records.

Bill-of-Materials (BOM) — A comprehensive document that specifies the exact types and quantities of raw •••, sub-assemblies, and parts required to produce a single batch of a product.

Route Sheet — A document that outlines the specific sequence of manufacturing operations, work centers, and times required to produce a product during the conversion cycle.

Trial Balance — A report prepared at the end of an accounting period that lists the ••• of all general ledger accounts to verify that total debits equal total credits.

Finance Information System (FIS) — An information ••• that assists managers in making decisions regarding the acquisition, allocation, control, and analysis of financial resources.

Capital Budgeting — The process of planning, evaluating, and selecting long-term investment projects and ••• expenditures that a business intends to undertake.

Cash Management — The optimization of a company's ••• and ••• equivalents to ensure sufficient liquidity for daily operations while avoiding the inefficiencies of holding excess •••.