Question 1

Using IT systems to enhance efficiency and effectiveness of internal or supply chain processes is called:

Accepted Answer

A) Information Technology Enablement 
B) Information Systems Control 
C) Information Technology Process Engineering 
D) Information Technology Business Processes 
A) Information Technology Enablement 
B) Information Systems Control 
C) Information Technology Process Engineering 
D) Information Technology Business Processes

Question 2

The use of BPR (Business Process Reengineering) is twofold: (1) Aligns business processes with the IT systems used to recorded processes and, (2):

Accepted Answer

A) Improves the efficiency and effectiveness of these processes 
B) Reduces the cost of these processes 
C) Enhances the usefulness of these processes 
D) Increases the accuracy of the process 
A) Improves the efficiency and effectiveness of these processes 
B) Reduces the cost of these processes 
C) Enhances the usefulness of these processes 
D) Increases the accuracy of the process

Question 3

A collection of data stored on a computer in a form that allows the data to be easily accessed, retrieved, manipulated, and stored is referred to as a(n):

Accepted Answer

A) Accounting Information System 
B) Information Technology 
C) Database 
D) Master File 
A) Accounting Information System 
B) Information Technology 
C) Database 
D) Master File

Question 4

There are two modes of processing transactions in accounting systems.The mode that requires all similar transactions be grouped together and be processed at the same time, is referred to as:

Accepted Answer

A) Batch Processing 
B) Online Processing 
C) Real-time Processing 
D) Sequential Processing 
A) Batch Processing 
B) Online Processing 
C) Real-time Processing 
D) Sequential Processing

Question 5

When a company receives returned goods from a customer, the business process to accept the return would most likely be a(n):

Accepted Answer

A) Administrative process 
B) Conversion process 
C) Expenditure process 
D) Revenue process 
A) Administrative process 
B) Conversion process 
C) Expenditure process 
D) Revenue process

Question 6

In order to achieve the objective of managing risk, management should establish control structures that include, at a minimum:

Accepted Answer

A) Accounting internal controls. 
B) Accounting internal controls, IT controls, corporate governance, enterprise risk management, and IT governance. 
C) IT controls, IT governance, corporate governance, and accounting internal controls. 
D) IT controls and accounting internal controls. 
A) Accounting internal controls. 
B) Accounting internal controls, IT controls, corporate governance, enterprise risk management, and IT governance. 
C) IT controls, IT governance, corporate governance, and accounting internal controls. 
D) IT controls and accounting internal controls.

Question 7

A unit of storage that represents one character is referred to as a:

Accepted Answer

A) Byte 
B) Bit 
C) Bat 
D) Field 
A) Byte 
B) Bit 
C) Bat 
D) Field

Question 8

A comprehensive report on enterprise risk management was issued by this organization.

Accepted Answer

A) American Accounting Association 
B) New York Stock Exchange 
C) Institute of Internal Auditors 
D) Committee on Sponsoring Organizations 
A) American Accounting Association 
B) New York Stock Exchange 
C) Institute of Internal Auditors 
D) Committee on Sponsoring Organizations

Question 9

The organization and control of all materials, funds, and related information in the logistics process, from the acquisition of raw materials to the delivery of finished products to the end user is referred to as:

Accepted Answer

A) Supply Chain Management 
B) Management Information System 
C) Logistics Management 
D) IT Enablement 
A) Supply Chain Management 
B) Management Information System 
C) Logistics Management 
D) IT Enablement

Question 10

Each record is made up of related:

Accepted Answer

A) Files 
B) Bytes 
C) Name 
D) Fields 
A) Files 
B) Bytes 
C) Name 
D) Fields

Question 11

Which of the following are not part of risk analysis?

Accepted Answer

A) Risk management 
B) Event Identification 
C) Risk Response 
D) Risk Assessment 
A) Risk management 
B) Event Identification 
C) Risk Response 
D) Risk Assessment

Question 12

IT controls can be divided into two categories.Which of the following is a correct statement of one of those categories?

Accepted Answer

A) Application controls apply overall to the IT accounting system. 
B) Application controls apply to the prevention of erroneous or incomplete input or processing of data. 
C) Application controls are used specifically in accounting applications to control inputs, processing, and output. 
D) Application controls are used to prohibit fraudulent financial reporting. 
A) Application controls apply overall to the IT accounting system. 
B) Application controls apply to the prevention of erroneous or incomplete input or processing of data. 
C) Application controls are used specifically in accounting applications to control inputs, processing, and output. 
D) Application controls are used to prohibit fraudulent financial reporting.

Question 13

A process, effected by an entity's board of directors, management and other personnel, applied in strategy setting and across the enterprise, designed to identify potential events that may affect the entity, and manage risk to be within its risk appetite, to provide reasonable assurance regarding the achievement of entity objectives is referred to as:

Accepted Answer

A) Enterprise resource planning 
B) Enterprise risk management 
C) IT system control structure 
D) Corporate governance structure 
A) Enterprise resource planning 
B) Enterprise risk management 
C) IT system control structure 
D) Corporate governance structure

Question 14

Accounting software traditionally uses two different types of files.The file type that is the set of relatively temporary records that will be process to update the permanent file is referred to as a(n):

Accepted Answer

A) Master File 
B) General File 
C) Transaction File 
D) Subsidiary File 
A) Master File 
B) General File 
C) Transaction File 
D) Subsidiary File

Question 15

The correct order of the computer data hierarchy is:

Accepted Answer

A) Byte, bit, record, field, file, database 
B) Bit, byte, record, field, file, database 
C) Bit, byte, field, record, file, database 
D) Bit, byte, field, record, database, file 
A) Byte, bit, record, field, file, database 
B) Bit, byte, record, field, file, database 
C) Bit, byte, field, record, file, database 
D) Bit, byte, field, record, database, file

Question 16

The organization of files in a computer system normally uses one of two different access methods.The access method where the files store records in sequence, with one record stored immediately after another, is referred to as:

Accepted Answer

A) Chronological Access 
B) Sequential Access 
C) Random Access 
D) Numerical Access 
A) Chronological Access 
B) Sequential Access 
C) Random Access 
D) Numerical Access

Question 17

Which of the following is not one of the corporate functions interrelated within the corporate governance system?

Accepted Answer

A) Management Oversight 
B) Ethical Conduct 
C) Risk Assessment 
D) Financial Stewardship 
A) Management Oversight 
B) Ethical Conduct 
C) Risk Assessment 
D) Financial Stewardship

Question 18

The intercompany, computer-to-computer transfer of business documents in a standard business format is called:

Accepted Answer

A) E-business 
B) E-commerce 
C) Local area network 
D) Electronic data interchange 
A) E-business 
B) E-commerce 
C) Local area network 
D) Electronic data interchange

Question 19

The use of electronic means to enhance business processes is termed:

Accepted Answer

A) E-business 
B) Electronic data interchange 
C) Point of sale system 
D) E-commerce 
A) E-business 
B) Electronic data interchange 
C) Point of sale system 
D) E-commerce

Question 20

Which of the following is not an example of IT enablement?

Accepted Answer

A) Point of Sales Systems 
B) Automated matching 
C) Business Proecess Rengineering 
D) Electronic Data Exchange 
A) Point of Sales Systems 
B) Automated matching 
C) Business Proecess Rengineering 
D) Electronic Data Exchange

Using IT systems to enhance efficiency and effectiveness of internal or supply chain processes is called:

The use of BPR (Business Process Reengineering) is twofold: (1) Aligns business processes with the IT systems used to recorded processes and, (2):

A collection of data stored on a computer in a form that allows the data to be easily accessed, retrieved, manipulated, and stored is referred to as a(n):

There are two modes of processing transactions in accounting systems.The mode that requires all similar transactions be grouped together and be processed at the same time, is referred to as:

When a company receives returned goods from a customer, the business process to accept the return would most likely be a(n):

In order to achieve the objective of managing risk, management should establish control structures that include, at a minimum:

A unit of storage that represents one character is referred to as a:

A comprehensive report on enterprise risk management was issued by this organization.

The organization and control of all materials, funds, and related information in the logistics process, from the acquisition of raw materials to the delivery of finished products to the end user is referred to as:

Each record is made up of related:

Which of the following are not part of risk analysis?

IT controls can be divided into two categories.Which of the following is a correct statement of one of those categories?

Accounting software traditionally uses two different types of files.The file type that is the set of relatively temporary records that will be process to update the permanent file is referred to as a(n):

The correct order of the computer data hierarchy is:

The organization of files in a computer system normally uses one of two different access methods.The access method where the files store records in sequence, with one record stored immediately after another, is referred to as:

Which of the following is not one of the corporate functions interrelated within the corporate governance system?

The intercompany, computer-to-computer transfer of business documents in a standard business format is called:

The use of electronic means to enhance business processes is termed:

Which of the following is not an example of IT enablement?

Foundational Concepts of the AIS

Fraud, Ethics, and Internal Control

Internal Controls and Risks in IT Systems

IT Governance

Enterprise Resource Planning ERP Systems

Auditing Information Technology-Based Processes

Revenue and Cash Collection Processes and Controls

Expenditures Processes and Controlspurchases

Expenditures Processes and Controlspayroll and Fixed Assets

Conversion Processes and Controls

Administrative Processes and Controls

Data and Databases

E-Commerce and E-Business

Filters

Exam 1: Introduction to AIS

Using IT systems to enhance efficiency and effectiveness of internal or supply chain processes is called:

The use of BPR (Business Process Reengineering) is twofold: (1) Aligns business processes with the IT systems used to recorded processes and, (2):

A collection of data stored on a computer in a form that allows the data to be easily accessed, retrieved, manipulated, and stored is referred to as a(n):

There are two modes of processing transactions in accounting systems.The mode that requires all similar transactions be grouped together and be processed at the same time, is referred to as:

When a company receives returned goods from a customer, the business process to accept the return would most likely be a(n):

In order to achieve the objective of managing risk, management should establish control structures that include, at a minimum:

A unit of storage that represents one character is referred to as a:

A comprehensive report on enterprise risk management was issued by this organization.

The organization and control of all materials, funds, and related information in the logistics process, from the acquisition of raw materials to the delivery of finished products to the end user is referred to as:

Each record is made up of related:

Which of the following are not part of risk analysis?

IT controls can be divided into two categories.Which of the following is a correct statement of one of those categories?

Accounting software traditionally uses two different types of files.The file type that is the set of relatively temporary records that will be process to update the permanent file is referred to as a(n):

The correct order of the computer data hierarchy is:

The organization of files in a computer system normally uses one of two different access methods.The access method where the files store records in sequence, with one record stored immediately after another, is referred to as:

Which of the following is not one of the corporate functions interrelated within the corporate governance system?

The intercompany, computer-to-computer transfer of business documents in a standard business format is called:

The use of electronic means to enhance business processes is termed:

Which of the following is not an example of IT enablement?

Foundational Concepts of the AIS

Fraud, Ethics, and Internal Control

Internal Controls and Risks in IT Systems

IT Governance

Enterprise Resource Planning ERP Systems

Auditing Information Technology-Based Processes

Revenue and Cash Collection Processes and Controls

Expenditures Processes and Controlspurchases

Expenditures Processes and Controlspayroll and Fixed Assets

Conversion Processes and Controls

Administrative Processes and Controls

Data and Databases

E-Commerce and E-Business

Filters