Question 1

With a just-in-time inventory approach, raw material inventories are always zero.

Accepted Answer

A) True 
 B)False  False

Question 2

Effective cash management is not an objective of the financing process.

Accepted Answer

A) True 
 B)False  False

Question 3

With a job costing system it is not possible to keep track of costs for each item or group of items produced.

Accepted Answer

A) True 
 B)False  False

Question 4

Inputs to the production process include job time cards, material requisition forms, and the master production schedule.

Accepted Answer

A) True 
 B)False

Question 5

The term vertical market refers to software distribution processes.

Accepted Answer

A) True 
 B)False

Question 6

Time and billing systems are most often used by:

Accepted Answer

A) Health care organizations 
B) Professional service organizations 
C) Retail organizations 
D) Not-for-profit organizations 
A) Health care organizations 
B) Professional service organizations 
C) Retail organizations 
D) Not-for-profit organizations

Question 7

The purpose of Business Process Management is to improve business processes across the organization.Due to advances in technology:

Accepted Answer

A) Managers can streamline these processes 
B) Human resources managers can automate many routine processes 
C) It is more costly to manage all processes throughout the organization 
D) none of the above 
A) Managers can streamline these processes 
B) Human resources managers can automate many routine processes 
C) It is more costly to manage all processes throughout the organization 
D) none of the above

Question 8

AISs can be used to evaluate the performance of not-for-profit organizations by:

Accepted Answer

A) Using various process measures 
B) Comparing budget goals to actual performance 
C) Using a number of nonmonetary measures of performance 
D) all of the above 
A) Using various process measures 
B) Comparing budget goals to actual performance 
C) Using a number of nonmonetary measures of performance 
D) all of the above

Question 9

Which of the following is most likely the primary reason that organizations are adopting enterprise asset management EAM)systems?

Accepted Answer

A) To reduce overall operating expenses 
B) To automate manual operations 
C) To reduce the number of employees labour costs) 
D) none of the above 
A) To reduce overall operating expenses 
B) To automate manual operations 
C) To reduce the number of employees labour costs) 
D) none of the above

Question 10

The human resource management process is the same thing as the payroll process.

Accepted Answer

A) True 
 B)False

Question 11

Resource Management Process includes which of the following?

Accepted Answer

A) Human resource management and fixed asset management 
B) Human resource management, inventory management, and fixed asset management 
C) Human resource management only 
D) Personnel management, payroll management, and fixed asset management 
A) Human resource management and fixed asset management 
B) Human resource management, inventory management, and fixed asset management 
C) Human resource management only 
D) Personnel management, payroll management, and fixed asset management

Question 12

It is generally true of not-for-profit organizations that they:

Accepted Answer

A) Are profit-oriented despite their name 
B) Are always evaluated using profit measures 
C) Are not governed by accounting standards 
D) Emphasize funds rather than income in their internal accounting systems 
A) Are profit-oriented despite their name 
B) Are always evaluated using profit measures 
C) Are not governed by accounting standards 
D) Emphasize funds rather than income in their internal accounting systems

Question 13

Business process reengineering efforts sometimes fail because:

Accepted Answer

A) Management gets too involved in the process 
B) Management is too optimistic regarding its expectations from its implementation 
C) Management support can never overcome employee resistance 
D) Employees will never accept change 
A) Management gets too involved in the process 
B) Management is too optimistic regarding its expectations from its implementation 
C) Management support can never overcome employee resistance 
D) Employees will never accept change

Question 14

The bill of materials lists the types and quantities of parts needed to assemble each unit of product.

Accepted Answer

A) True 
 B)False

Question 15

According to the text, which of the following is an output of the human resource management process?

Accepted Answer

A) Retired employee roster 
B) List of training programs for employees 
C) Employee listings 
D) none of the above 
A) Retired employee roster 
B) List of training programs for employees 
C) Employee listings 
D) none of the above

Question 16

Third party billing refers to the payment of many health care bills by provincial governments rather than by patients.

Accepted Answer

A) True 
 B)False

Question 17

The AIS for the health care industry is particularly complex due to third party billing.

Accepted Answer

A) True 
 B)False

Question 18

The financing process concerns a company's acquisition and use of financial resources.

Accepted Answer

A) True 
 B)False

Question 19

One distinguishing feature of organizations in the professional service industry is the difficulty in measuring the quantity and quality of their output.

Accepted Answer

A) True 
 B)False

Question 20

Deposit slips and remittance advices are examples of source documents associated with the financing process.

Accepted Answer

A) True 
 B)False

With a just-in-time inventory approach, raw material inventories are always zero.

Effective cash management is not an objective of the financing process.

With a job costing system it is not possible to keep track of costs for each item or group of items produced.

Inputs to the production process include job time cards, material requisition forms, and the master production schedule.

The term vertical market refers to software distribution processes.

Time and billing systems are most often used by:

The purpose of Business Process Management is to improve business processes across the organization.Due to advances in technology:

AISs can be used to evaluate the performance of not-for-profit organizations by:

Which of the following is most likely the primary reason that organizations are adopting enterprise asset management EAM)systems?

The human resource management process is the same thing as the payroll process.

Resource Management Process includes which of the following?

It is generally true of not-for-profit organizations that they:

Business process reengineering efforts sometimes fail because:

The bill of materials lists the types and quantities of parts needed to assemble each unit of product.

According to the text, which of the following is an output of the human resource management process?

Third party billing refers to the payment of many health care bills by provincial governments rather than by patients.

The AIS for the health care industry is particularly complex due to third party billing.

The financing process concerns a company's acquisition and use of financial resources.

One distinguishing feature of organizations in the professional service industry is the difficulty in measuring the quantity and quality of their output.

Deposit slips and remittance advices are examples of source documents associated with the financing process.

Accounting Information Systems and the Accountant

Information Technology and Aiss

Data Modeling

Organizing and Manipulating the Data in Databases

Database Forms and Reports

Documenting Accounting Information Systems

Accounting Information Systems and Business Processes: Part I

Introduction to Internal Control Systems

Computer Controls for Organizations and Accounting Information Systems

Computer Crime, Fraud, Ethics, and Privacy

Information Technology Auditing

Developing and Implementing Effective Accounting Information Systems

Accounting on the Internet

Accounting and Enterprise Software

Filters

Exam 8: Accounting Information Systems and Business Processes: Part II

With a just-in-time inventory approach, raw material inventories are always zero.

Effective cash management is not an objective of the financing process.

With a job costing system it is not possible to keep track of costs for each item or group of items produced.

Inputs to the production process include job time cards, material requisition forms, and the master production schedule.

The term vertical market refers to software distribution processes.

Time and billing systems are most often used by:

The purpose of Business Process Management is to improve business processes across the organization.Due to advances in technology:

AISs can be used to evaluate the performance of not-for-profit organizations by:

Which of the following is most likely the primary reason that organizations are adopting enterprise asset management EAM)systems?

The human resource management process is the same thing as the payroll process.

Resource Management Process includes which of the following?

It is generally true of not-for-profit organizations that they:

Business process reengineering efforts sometimes fail because:

The bill of materials lists the types and quantities of parts needed to assemble each unit of product.

According to the text, which of the following is an output of the human resource management process?

Third party billing refers to the payment of many health care bills by provincial governments rather than by patients.

The AIS for the health care industry is particularly complex due to third party billing.

The financing process concerns a company's acquisition and use of financial resources.

One distinguishing feature of organizations in the professional service industry is the difficulty in measuring the quantity and quality of their output.

Deposit slips and remittance advices are examples of source documents associated with the financing process.

Accounting Information Systems and the Accountant

Information Technology and Aiss

Data Modeling

Organizing and Manipulating the Data in Databases

Database Forms and Reports

Documenting Accounting Information Systems

Accounting Information Systems and Business Processes: Part I

Introduction to Internal Control Systems

Computer Controls for Organizations and Accounting Information Systems

Computer Crime, Fraud, Ethics, and Privacy

Information Technology Auditing

Developing and Implementing Effective Accounting Information Systems

Accounting on the Internet

Accounting and Enterprise Software

Filters