Question 1

What information is provided by a record layout diagram?

Accepted Answer

Record layout diagrams are used to reveal the internal structure of the records that constitute a file or database table.The layout diagram usually shows the name,data type,and length of each attribute (or field)in the record.

Question 2

Most organizations have replaced the general journal with a _______________________________.

Accepted Answer

journal voucher system

Question 3

Sequential codes may be used to represent complex items or events involving two or more pieces of related data.

Accepted Answer

A) True 
 B)False  False

Question 4

In contrast to a real-time system,in a batch processing system

Accepted Answer

A)  there is a lag between the time when the economic event occurs and the financial records are updated 
B)  relatively more resources are required 
C)  a greater resource commitment per unit of output is required 
D)  processing takes place when the economic event occurs 
A)  there is a lag between the time when the economic event occurs and the financial records are updated 
B)  relatively more resources are required 
C)  a greater resource commitment per unit of output is required 
D)  processing takes place when the economic event occurs

Question 5

For what purpose are ER diagrams used?

Accepted Answer

An entity relationship (ER)dia

Question 6

How may batch processing be used to improve operational efficiency?

Accepted Answer

A single transaction may affect several

Question 7

When a firm wants its coding system to convey meaning without reference to any other document,it would choose

Accepted Answer

A)  an alphabetic code 
B)  a mnemonic code 
C)  a group code 
D)  a block code 
A)  an alphabetic code 
B)  a mnemonic code 
C)  a group code 
D)  a block code

Question 8

Data flow diagrams represent the physical system.

Accepted Answer

A) True 
 B)False

Question 9

Directing work-in-process through its various stages of manufacturing is part of the conversion cycle.

Accepted Answer

A) True 
 B)False

Question 10

Batch processing of non-critical accounts improves operational efficiency.

Accepted Answer

A) True 
 B)False

Question 11

Batch processing is best used when timely information is needed because this method processes data efficiently.

Accepted Answer

A) True 
 B)False

Question 12

Which step is not found in batch processing using sequential files?

Accepted Answer

A)  control totals 
B)  sort runs 
C)  edit runs 
D)  immediate feedback of data entry errors 
A)  control totals 
B)  sort runs 
C)  edit runs 
D)  immediate feedback of data entry errors

Question 13

Operational inefficiencies occur because accounts unique to many concurrent transactions need to be updated in real time.

Accepted Answer

A) True 
 B)False

Question 14

The characteristics that distinguish between batch and real-time systems include all of the following except

Accepted Answer

A)  time frame 
B)  resources used 
C)  file format 
D)  efficiency of processing 
A)  time frame 
B)  resources used 
C)  file format 
D)  efficiency of processing

Question 15

Why is the audit trail important?

Accepted Answer

The audit trail is used to tra

Question 16

System flowcharts are often used to depict processes that are handled in batches.

Accepted Answer

A) True 
 B)False

Question 17

In a computerized environment,a list of authorized suppliers would be found in the

Accepted Answer

A)  master file 
B)  transaction file 
C)  reference file 
D)  archive file 
A)  master file 
B)  transaction file 
C)  reference file 
D)  archive file

Question 18

The type of transaction most suitable for batch processing is

Accepted Answer

A)  airline reservations 
B)  credit authorization 
C)  payroll processing 
D)  adjustments to perpetual inventory 
A)  airline reservations 
B)  credit authorization 
C)  payroll processing 
D)  adjustments to perpetual inventory

Question 19

What factor influences the decision to employ real-time data collection with batch updating rather that purely real-time processing? Explain.

Accepted Answer

Transaction volume is the key factor.Lar

Question 20

The revenue cycle has two subsystems.What are they and what occurs within each?

Accepted Answer

The two subsystems of the revenue cycle

What information is provided by a record layout diagram?

Most organizations have replaced the general journal with a _______________________________.

Sequential codes may be used to represent complex items or events involving two or more pieces of related data.

In contrast to a real-time system,in a batch processing system

For what purpose are ER diagrams used?

How may batch processing be used to improve operational efficiency?

When a firm wants its coding system to convey meaning without reference to any other document,it would choose

Data flow diagrams represent the physical system.

Directing work-in-process through its various stages of manufacturing is part of the conversion cycle.

Batch processing of non-critical accounts improves operational efficiency.

Batch processing is best used when timely information is needed because this method processes data efficiently.

Which step is not found in batch processing using sequential files?

Operational inefficiencies occur because accounts unique to many concurrent transactions need to be updated in real time.

The characteristics that distinguish between batch and real-time systems include all of the following except

Why is the audit trail important?

System flowcharts are often used to depict processes that are handled in batches.

In a computerized environment,a list of authorized suppliers would be found in the

The type of transaction most suitable for batch processing is

What factor influences the decision to employ real-time data collection with batch updating rather that purely real-time processing? Explain.

The revenue cycle has two subsystems.What are they and what occurs within each?

The Information System: An Accountant’s Perspective

Ethics, Fraud, and Internal Control

The Revenue Cycle

The Expenditure Cycle Part I: Purchases and Cash Disbursements Procedures

The Expenditure Cycle Part II: Payroll Processing and Fixed Asset Procedures

The Conversion Cycle

General Ledger, Financial Reporting, and Management Reporting Systems

Database Management Systems

The REA Approach to Business Process Modeling

Enterprise Resource Planning Systems

Electronic Commerce Systems

Managing the Systems Development Life Cycle

Construct, Deliver, and Maintain Systems Projects

IT Controls : Sarbanes-Oxley and IT Governance

IT Controls : Security and Access

IT Controls : Systems Development Program Changes and Application Controls

Filters

Exam 2: Introduction to Transaction Processing

What information is provided by a record layout diagram?

Most organizations have replaced the general journal with a _______________________________.

Sequential codes may be used to represent complex items or events involving two or more pieces of related data.

In contrast to a real-time system,in a batch processing system

For what purpose are ER diagrams used?

How may batch processing be used to improve operational efficiency?

When a firm wants its coding system to convey meaning without reference to any other document,it would choose

Data flow diagrams represent the physical system.

Directing work-in-process through its various stages of manufacturing is part of the conversion cycle.

Batch processing of non-critical accounts improves operational efficiency.

Batch processing is best used when timely information is needed because this method processes data efficiently.

Which step is not found in batch processing using sequential files?

Operational inefficiencies occur because accounts unique to many concurrent transactions need to be updated in real time.

The characteristics that distinguish between batch and real-time systems include all of the following except

Why is the audit trail important?

System flowcharts are often used to depict processes that are handled in batches.

In a computerized environment,a list of authorized suppliers would be found in the

The type of transaction most suitable for batch processing is

What factor influences the decision to employ real-time data collection with batch updating rather that purely real-time processing? Explain.

The revenue cycle has two subsystems.What are they and what occurs within each?

The Information System: An Accountant’s Perspective

Ethics, Fraud, and Internal Control

The Revenue Cycle

The Expenditure Cycle Part I: Purchases and Cash Disbursements Procedures

The Expenditure Cycle Part II: Payroll Processing and Fixed Asset Procedures

The Conversion Cycle

General Ledger, Financial Reporting, and Management Reporting Systems

Database Management Systems

The REA Approach to Business Process Modeling

Enterprise Resource Planning Systems

Electronic Commerce Systems

Managing the Systems Development Life Cycle

Construct, Deliver, and Maintain Systems Projects

IT Controls : Sarbanes-Oxley and IT Governance

IT Controls : Security and Access

IT Controls : Systems Development Program Changes and Application Controls

Filters