Question 1

An example of a social networking site is eBay.

Accepted Answer

A) True 
 B)False

Question 2

Data encryption renders a text message unreadable during data transmission, even if intercepted.

Accepted Answer

A) True 
 B)False

Question 3

IDEA uses XBRL-coded data of corporate financial statements.

Accepted Answer

A) True 
 B)False

Question 4

One important personal category of cloud computing for accountants is educational services.

Accepted Answer

A) True 
 B)False

Question 5

All of the following are advantages of cloud computing except:

Accepted Answer

A) The client only pays for resources that it actually uses 
B) The client gains additional control over its data 
C) The provider, not the client, handles changes in processing volume 
D) all of these are advantages of cloud computing 
A) The client only pays for resources that it actually uses 
B) The client gains additional control over its data 
C) The provider, not the client, handles changes in processing volume 
D) all of these are advantages of cloud computing

Question 6

The domain address of a web page is the equivalent of its universal resource locator (URL).

Accepted Answer

A) True 
 B)False

Question 7

IDEA is used by the Securities and Exchange Commission (SEC)to:

Accepted Answer

A) Store the financial data of public companies 
B) Collect lists of bankrupt companies 
C) Store the URL's of member firms 
D) Collect data on individuals victimized by identity theft hackers 
A) Store the financial data of public companies 
B) Collect lists of bankrupt companies 
C) Store the URL's of member firms 
D) Collect data on individuals victimized by identity theft hackers

Question 8

These allow a user to access alternate web pages from an existing page:

Accepted Answer

A) Hyperlinks B) Golf links C) html titles D) The XBRL tag A) Hyperlinks B) Golf links C) html titles D) The XBRL tag

Question 9

BASF is one of the world's largest telephone companies.

Accepted Answer

A) True 
 B)False

Question 10

The Internet Protocol address is a numerical translation of the text-based domain address.

Accepted Answer

A) True 
 B)False

Question 11

An advantage of XBRL is that the tags have been completely standardized by the XBRL International Consortium and these standards are now fixed.

Accepted Answer

A) True 
 B)False

Question 12

Most accountants believe that auditors do not need to concern themselves with IP addresses.

Accepted Answer

A) True 
 B)False

Question 13

Surveys suggest that less than half of all companies use social media for business purposes.

Accepted Answer

A) True 
 B)False

Question 14

All of the following are true about XBRL tags except:

Accepted Answer

A) Tags are "extensible" 
B) Tags describe the data 
C) Tags tell how to display data 
D) Tags are now permanently standardized across industries 
A) Tags are "extensible" 
B) Tags describe the data 
C) Tags tell how to display data 
D) Tags are now permanently standardized across industries

Question 15

Which of the following is true about XBRL?

Accepted Answer

A) It is a business application of XML B) It uses tags such as like HTML C) It is used by the SEC to collect and store financial information about companies D) all of the above are true about XBRL A) It is a business application of XML B) It uses tags such as like HTML C) It is used by the SEC to collect and store financial information about companies D) all of the above are true about XBRL

Question 16

Social networking sites such as Twitter or Facebook:

Accepted Answer

A) Have only social uses, not commercial ones 
B) Have both social and commercial uses 
C) Have only commercial uses 
D) May have future commercial uses that have not been realized to date 
A) Have only social uses, not commercial ones 
B) Have both social and commercial uses 
C) Have only commercial uses 
D) May have future commercial uses that have not been realized to date

Question 17

Which of these best describes the current state of XBRL?

Accepted Answer

A) It now lacks standards, but the hope is that we will get some soon 
B) The language is completely standardized 
C) The language is dynamic and standards are still being developed 
D) The language now awaits official sanction by the United Nations before being released for use 
A) It now lacks standards, but the hope is that we will get some soon 
B) The language is completely standardized 
C) The language is dynamic and standards are still being developed 
D) The language now awaits official sanction by the United Nations before being released for use

Question 18

Businesses can use social networking sites to better understand the reactions to new products or services.

Accepted Answer

A) True 
 B)False

Question 19

Which of these is not an advantage of XBRL?

Accepted Answer

A) It often enables businesses to avoid rekeying data downloaded from corporate websites 
B) It constrains companies to particular formats, thus ensuring consistency 
C) It helps standardize the storage and therefore presentation of financial information 
D) all of these are advantages of XBRL 
A) It often enables businesses to avoid rekeying data downloaded from corporate websites 
B) It constrains companies to particular formats, thus ensuring consistency 
C) It helps standardize the storage and therefore presentation of financial information 
D) all of these are advantages of XBRL

Question 20

Which of these is not an Internet search engine?

Accepted Answer

A) Google 
B) Bing 
C) Yahoo 
D) MySpace 
A) Google 
B) Bing 
C) Yahoo 
D) MySpace

An example of a social networking site is eBay.

Data encryption renders a text message unreadable during data transmission, even if intercepted.

IDEA uses XBRL-coded data of corporate financial statements.

One important personal category of cloud computing for accountants is educational services.

All of the following are advantages of cloud computing except:

The domain address of a web page is the equivalent of its universal resource locator (URL).

IDEA is used by the Securities and Exchange Commission (SEC)to:

These allow a user to access alternate web pages from an existing page:

BASF is one of the world's largest telephone companies.

The Internet Protocol address is a numerical translation of the text-based domain address.

An advantage of XBRL is that the tags have been completely standardized by the XBRL International Consortium and these standards are now fixed.

Most accountants believe that auditors do not need to concern themselves with IP addresses.

Surveys suggest that less than half of all companies use social media for business purposes.

All of the following are true about XBRL tags except:

Which of the following is true about XBRL?

Social networking sites such as Twitter or Facebook:

Which of these best describes the current state of XBRL?

Businesses can use social networking sites to better understand the reactions to new products or services.

Which of these is not an advantage of XBRL?

Which of these is not an Internet search engine?

Accounting Information Systems and the Accountant

Information Technology and Aiss

Accounting and Data Analytics

Integrated Accounting and Enterprise Software

Introduction to Internal Control Systems and Risk Management

Computer Controls for Organizations and Accounting Information Systems

Accounting Information Systems and Business Processes: Part I

Accounting Information Systems and Business Processes: Part II

Cybercrime, Fraud, and Ethics

Information Technology Auditing

Documenting Accounting Information Systems

Developing and Implementing Effective Accounting Information Systems

Database Design

Organizing and Manipulating the Data in Databases

Database Forms and Reports

Filters

Exam 2: Accounting on the Internet

An example of a social networking site is eBay.

Data encryption renders a text message unreadable during data transmission, even if intercepted.

IDEA uses XBRL-coded data of corporate financial statements.

One important personal category of cloud computing for accountants is educational services.

All of the following are advantages of cloud computing except:

The domain address of a web page is the equivalent of its universal resource locator (URL).

IDEA is used by the Securities and Exchange Commission (SEC)to:

These allow a user to access alternate web pages from an existing page:

BASF is one of the world's largest telephone companies.

The Internet Protocol address is a numerical translation of the text-based domain address.

An advantage of XBRL is that the tags have been completely standardized by the XBRL International Consortium and these standards are now fixed.

Most accountants believe that auditors do not need to concern themselves with IP addresses.

Surveys suggest that less than half of all companies use social media for business purposes.

All of the following are true about XBRL tags except:

Which of the following is true about XBRL?

Social networking sites such as Twitter or Facebook:

Which of these best describes the current state of XBRL?

Businesses can use social networking sites to better understand the reactions to new products or services.

Which of these is not an advantage of XBRL?

Which of these is not an Internet search engine?

Accounting Information Systems and the Accountant

Information Technology and Aiss

Accounting and Data Analytics

Integrated Accounting and Enterprise Software

Introduction to Internal Control Systems and Risk Management

Computer Controls for Organizations and Accounting Information Systems

Accounting Information Systems and Business Processes: Part I

Accounting Information Systems and Business Processes: Part II

Cybercrime, Fraud, and Ethics

Information Technology Auditing

Documenting Accounting Information Systems

Developing and Implementing Effective Accounting Information Systems

Database Design

Organizing and Manipulating the Data in Databases

Database Forms and Reports

Filters