Fill in the Blanks with Correct Data Processing Terms Flashcards

The operations performed on data to generate meaningful and relevant information are referred to collectively as the ________.

Historically, most businesses used paper _____ _______ to collect data about their business ativities. They later transferred that data into the computer.

These are company output sent to an external party, who often adds data to the document, and then are returned to the company as an input document.

These devices capture transaction data in machine-readable form at the time and place of their origin. Examples include ATMs used by banks, point-of-sale (POS) scanners used in retail stores, and bar code scanners used in warehouses.

This ledger contains summary-level data for every asset, liability, equity, revenue, and expense account.

This ledger contains detailed data for any general ledger account with many individiaul subaccounts.

The general ledger account corresponding to a subsidiary ledger is called a ___________ account.

This is the systematic assignment of numbers or letters to items to classify and organize them.

With these types of codes, items are numbered consecutively to account for all items.

With these types of codes, blocks are of numbers are reserved for specific categories of data.

These are the codes which consist of two or more subgroups of digits used to code items, often used in conjunction with block codes.

With these codes, letters and numbers are interspersed to identify an item.

This is a list of the numbers assigned to each general ledger account. These account numbers allow transaction data to be coded, calcified , and entered into the proper accounts.

This journal is used to record infrequent or non-routine transactions, such as loan payments and end-of-period adjusting and closing entries.

This journal records large numbers of repetitive transactions such as sales, cash receipts, and cash disbursements.