SU 4 Flashcards

1
Q

What is information technology (4)

A
  • Computers
  • Software
  • Data
  • Storage
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2
Q

What do we use IT for?

A

To manage, store, process, transmit data & info in digital manner

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3
Q

What is a network

A

Where ≥2 computers connected on either 1 / multiple locations

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4
Q

How can computers be connected in a network (3)

A
  • Cabling
  • Wireless connections
  • Internet
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5
Q

3 Different types of network

A
  • Local area network (LAN)
  • Wide area network (WAN)
  • Virtual private network (VPN)
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6
Q

What is software

A

Program that gives instructions to computers to perform tasks

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7
Q

2 different types of software

A
  • System software
  • Application software
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8
Q

Explain system software (2)

A
  • Operating system that runs in background
  • Instructs hardware on how to run specific applications
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9
Q

Explain application software

A
  • Performs specific functions required by user
  • Requires system software to operate
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10
Q

What is an accounting package

A

Application software that allows user to do accounting

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11
Q

What is a database

A

Transaction details stored in transaction & master files

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12
Q

Explain master files

A

Stores permanent files

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13
Q

Explain transaction files (2)

A
  • Records transactions on individual basis
  • Later transferred to master file
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14
Q

Where is data stored electronically

A

On fields, records, files

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15
Q

What data is stored on files

A
  • Field data
  • Record data
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16
Q

What is field data (3)

A
  • Amount
  • Price
  • Quantity
17
Q

What is record data

A

Multiple completed fields that relate to particular transaction

18
Q

Data processed through 2 systems

A
  • Real-time
  • Batch processing
19
Q

What is real-time data processing

A

Master file updated with transactions when transactions occur

20
Q

What is batch processing of data (3)

A
  • Data regarding transactions are stored & filed in transaction file
  • Once data is processed = transferred to master file
  • Groups transactions/periods of time
21
Q

Trends in IT world (6)

A
  • Cloud computing
  • Artificial intelligence
  • Machine learning
  • Blockchain
  • Big data & data analytics
  • IT governance
22
Q

What is cloud computing (2)

A
  • Storing data online
  • Operating applications where processing & storage is only online
23
Q

What is artificial intelligence

A

Ability to mimic functions of human brain by recognising complex patterns

24
Q

What is machine learning

A

Capabilities of AI to allow it to change how it functions & reacts based on past experiences & patterns

25
What is blockchain (2)
- Incorruptible digital ledger of economic transactions - Chains of records linked & secured with cryptography
26
What is big data & data analytics (2)
- Larger & more complex data sets which can't be processed with common application software - Advanced data analytics required
27
What is IT governance
King IV & internal control principles to be adapted to include IT controls
28
Consequences of upgrading from manual to electronic (2)
- Increases & decreases risks - Has residual risk
29
How to upgrade from manual to electronic
Controls put in place to ensure proper change to new system
30
Principles in identifying IT risks (3)
- Complexities that are non-existent in manual system - Effect in management objectives - Controls may not be effective
31
Key components of computer information system (5)
- Hardware - Software - People - Procedures - Data
32
Stages in flow of transactions in computerised environment (master file amendments) (3)
1. Input 2. Processing 3. Output
33
Explain 'input' as a flow of transactions in computerised environment (2)
- Capturing transaction - Manual source document
34
Explain 'processing' as a flow of transactions in computerised environment (4)
- Different methods using computer - Accounting records - Store changes - Create new fields, records, data
35
Explain 'output' as a flow of transactions in computerised environment
Report on captured data