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

Which of the following technologies are now used in conjunction with automated production process systems to increase efficiencies?

The production process is only present in service organizations.

Which of the following is normally more important for a not-for-profit organization compared to a profit-oriented organization?

Financial planning models are useful to financial managers in helping them to determine an optimal strategy for acquiring and investing an organization's financial resources.

Not-for-profit organizations focus primarily on the flow of funds rather than income in their internal accounting systems.

Healthcare organizations:

A cash budget is a primary output of the financing process.

The primary objective of the production process is to minimize the use of raw materials in the production process.

Inputs to the financing process include:

RFIDs allow firms to:

Business process reengineering:

The largest expense item on a manufacturing organization's income statement is most likely to be:

Time and billing features in accounting software are important to engineering, legal, and accounting firms.

Third party billing refers to:

Which of the following is not a concern of the financing process?

The most significant difference in the AISs of retail organizations versus other vertical market organizations is the:

The production process begins with a request for raw materials and ends with the transfer of finished goods to warehouses.

Which of the following is not a characteristic associated with professional service organizations?

A major objective of professional service organizations is to:

The objective of a manufacturing organization's production process is to convert raw materials to finished goods as quickly as possible to free up cash resources.