Question 1

Important source documents for the human resource management process do not include:

Accepted Answer

A) Valid vendor lists 
B) Time sheets 
C) Payroll deduction authorizations 
D) Tax withholding forms 
A) Valid vendor lists 
B) Time sheets 
C) Payroll deduction authorizations 
D) Tax withholding forms

Question 2

According to the text, all of the following are objectives of the human resource management process except:

Accepted Answer

A) Hiring, training, and employing workers 
B) Counseling employees on retirement and medical benefits 
C) Maintaining employee earnings records 
D) Reporting on payroll deductions 
A) Hiring, training, and employing workers 
B) Counseling employees on retirement and medical benefits 
C) Maintaining employee earnings records 
D) Reporting on payroll deductions

Question 3

Lean manufacturing involves:

Accepted Answer

A) Decreasing production 
B) Using nonmonetary measures of performance 
C) Eliminating wasteful processes 
D) all of the above 
A) Decreasing production 
B) Using nonmonetary measures of performance 
C) Eliminating wasteful processes 
D) all of the above

Question 4

An AIS's cost accounting subsystem is an important part of the production process.

Accepted Answer

A) True 
 B)False

Question 5

Job costing information systems are most appropriate for:

Accepted Answer

A) Home builders 
B) Textbook publishers 
C) Beverage companies 
D) both a and b are appropriate industries for job costing systems 
A) Home builders 
B) Textbook publishers 
C) Beverage companies 
D) both a and b are appropriate industries for job costing systems

Question 6

Point-of-sale accounting systems are important in the health care industry.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following is an example of a not-for-profit organization?

Accepted Answer

A) Consulting firm 
B) State university 
C) Public hospital 
D) both b and c are correct 
A) Consulting firm 
B) State university 
C) Public hospital 
D) both b and c are correct

Question 8

The primary objective of a manufacturing organization's production process is to:

Accepted Answer

A) Maintain inventories at a zero level 
B) Convert raw materials into finished goods as efficiently as possible 
C) Make sure that there are no product defects 
D) Maintain the documentation and report on an organization's manufacturing process 
A) Maintain inventories at a zero level 
B) Convert raw materials into finished goods as efficiently as possible 
C) Make sure that there are no product defects 
D) Maintain the documentation and report on an organization's manufacturing process

Question 9

The objective of the fixed asset management function is to manage the purchase,
depreciation, and disposal of an organization's fixed assets.

Accepted Answer

A) True 
 B)False

Question 10

An organization's working capital consists of:

Accepted Answer

A) Its chequing accounts 
B) Both chequing and savings accounts 
C) Bank accounts and other liquid assets 
D) Coin and currency only 
A) Its chequing accounts 
B) Both chequing and savings accounts 
C) Bank accounts and other liquid assets 
D) Coin and currency only

Question 11

Production cost reports are useful for internal control since they help in calculating budget variances.

Accepted Answer

A) True 
 B)False

Question 12

Which of the following statements is not true?

Accepted Answer

A) Time and billing systems are similar to job order costing systems 
B) Time and billing systems are an important component of an AIS for manufacturing firms 
C) A difficult problem for professional service organizations is tracking staff time 
D) Time and billing systems are important in the professional service industry 
A) Time and billing systems are similar to job order costing systems 
B) Time and billing systems are an important component of an AIS for manufacturing firms 
C) A difficult problem for professional service organizations is tracking staff time 
D) Time and billing systems are important in the professional service industry

Question 13

All of the following are input documents for the production process, except:

Accepted Answer

A) A master production schedule 
B) A production order 
C) A material requirements planning document 
D) A bill of materials 
A) A master production schedule 
B) A production order 
C) A material requirements planning document 
D) A bill of materials

Question 14

Which of the following characteristics are common to both service and not-for-profit organizations?

Accepted Answer

A) Importance of professional employees 
B) Difficulty in measuring the quality and quantity of output 
C) Inability to inventory product 
D) all of the above 
A) Importance of professional employees 
B) Difficulty in measuring the quality and quantity of output 
C) Inability to inventory product 
D) all of the above

Important source documents for the human resource management process do not include:

According to the text, all of the following are objectives of the human resource management process except:

Lean manufacturing involves:

An AIS's cost accounting subsystem is an important part of the production process.

Job costing information systems are most appropriate for:

Point-of-sale accounting systems are important in the health care industry.

Which of the following is an example of a not-for-profit organization?

The primary objective of a manufacturing organization's production process is to:

The objective of the fixed asset management function is to manage the purchase, depreciation, and disposal of an organization's fixed assets.

An organization's working capital consists of:

Production cost reports are useful for internal control since they help in calculating budget variances.

Which of the following statements is not true?

All of the following are input documents for the production process, except:

Which of the following characteristics are common to both service and not-for-profit organizations?

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

Important source documents for the human resource management process do not include:

According to the text, all of the following are objectives of the human resource management process except:

Lean manufacturing involves:

An AIS's cost accounting subsystem is an important part of the production process.

Job costing information systems are most appropriate for:

Point-of-sale accounting systems are important in the health care industry.

Which of the following is an example of a not-for-profit organization?

The primary objective of a manufacturing organization's production process is to:

The objective of the fixed asset management function is to manage the purchase, depreciation, and disposal of an organization's fixed assets.

An organization's working capital consists of:

Production cost reports are useful for internal control since they help in calculating budget variances.

Which of the following statements is not true?

All of the following are input documents for the production process, except:

Which of the following characteristics are common to both service and not-for-profit organizations?

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