Chapter 1 Introduction Loe

List Box

A list of choices associated with a text box from which the user may choose.

Drop-Down Menu

A list of items that appears immediately below the selected menu.

Help System

A provision with the software that offers a quick way to find information to be used in software.

Window

A rectangular area of the screen in which the software communicates with the user.

Clipboard

A temporary storage area where data may be copied, then pasted elsewhere.

Grid Cells

An arrangement of rows and columns used to enter, edit, or delete data and text.

Business

An economic entity that endeavors to sell goods and services to customers at prices that will pay all the costs of doing business and return a profit to the owners.

Accounting

An informational system that plans, analyzes, records, and reports financial information.

The Explore Accounting System

Used to access data stored by the software in order to perform audit checks, check account activity, isolate errors, and other tasks that are helpful to managing account information.

Web Browser purpose

To find and view information about anything on the World Wide Web.

Menu Bar

A bar displayed continuously on the top line of the screen, showing the menus available.

Toolbar

A bar displayed on the top of the application window that contains icons representing common processing tasks that a user is most likely to perform.

Checkbox

A box located to the left of each of several choices that permits the user to select or deselect the choices.

Tooltips

A brief informational message that automatically appears when the pointer is positioned on a toolbar button.

Command Buttons

A button that initiates an immediate action.

Insertion Point

A character that appears when the mouse pointer is positioned over a text box to mark the current position where data will be entered or edited.

Accounting Equation

Assets = Liabilities + Owner's Equity

Double-entry Accounting System

Based on recording debit and credit parts of a transaction so that the total dollar amount of debits and total dollar amount of credits equal each other.

Navigation Buttons

Buttons arranged in a vertical column along the left side of the display screen that facilitate fast, efficient, and intuitive movement throughout the account application.

Option Buttons

Buttons representing options, where the selected option contains a filled circle icon and only one option may be selected.

Five Planning Tools

College Planner, Savings Planner, Loan Planner, Retirement Planner, Notes Interest Planner

Check on Toolbar

Feature of the software to assist you in checking your work for sample and A problems against solution key files as you complete the end-of-chapter problems in text-workbook.

Text Boxes

Fields in a window that are used to enter or change text.

MIS

Several computer integrated systems that provide all the informational needs of the business.

Focus

The location within a window in which the computer will receive the next piece of input as identified by a highlight bar, insertion point, or dotted box.

Tab Sequence

The logical sequence in which the computer expects each text box, option button, or command to be traversed.

Accountant

The occupation of a person who summarizes detailed accounting information, then analyzes and interprets the information to assist owners and managers in making financial decisions.