Question 1

A control account is a general ledger account which is supported by a subsidiary ledger.

Accepted Answer

A) True 
 B)False

Question 2

A journal is used in manual accounting environments.What file is comparable to a journal in a computerized environment?

Accepted Answer

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

Question 3

What is destructive update?

Accepted Answer

Destructive update involves re

Question 4

The process of acquiring raw materials is part of the conversion cycle.

Accepted Answer

A) True 
 B)False

Question 5

System flowcharts represent the input sources,programs,and output products of a computer system.

Accepted Answer

A) True 
 B)False

Question 6

The general journal is used to record recurring transactions that are similar in nature.

Accepted Answer

A) True 
 B)False

Question 7

Program flowcharts depict the type of media being used (paper,magnetic tape,or disks)and terminals.

Accepted Answer

A) True 
 B)False

Question 8

Give a specific example of a turn-around document.

Accepted Answer

credit card,electric

Question 9

Which symbol represents accounting records?

Accepted Answer

A)    
B)    
C)    
D)    
A)    
B)    
C)    
D)

Question 10

Contrast procedures for preparing backups in a sequential file environment and direct access file environment.

Accepted Answer

The finished product of a sequential fil

Question 11

A common use for sequential coding is

Accepted Answer

A)  creating the chart of accounts 
B)  identifying inventory items 
C)  identifying documents 
D)  identifying fixed assets 
A)  creating the chart of accounts 
B)  identifying inventory items 
C)  identifying documents 
D)  identifying fixed assets

Question 12

What are the key distinguishing features of legacy systems?

Accepted Answer

Legacy systems tend to have the followin

Question 13

What are the reasons companies use coding schemes in their accounting information systems?

Accepted Answer

Companies use coding schemes in their AI

Question 14

Time lag is one characteristic used to distinguish between batch and real-time systems.Explain.Give an example of when each is a realistic choice.

Accepted Answer

Batch processing collects similar transa

Question 15

Batch processing systems can store data on direct access storage devices.

Accepted Answer

A) True 
 B)False

Question 16

Batch processing of accounts common to many concurrent transactions reduces operational efficiency.

Accepted Answer

A) True 
 B)False

Question 17

Explain two types of coding schemes and give examples of their use.

Accepted Answer

Sequential codes represent items in some

Question 18

Which type of graphical documentation represents systems at different levels of detail?

Accepted Answer

A)  data flow diagram 
B)  document flowchart 
C)  system flowchart 
D)  program flowchart 
A)  data flow diagram 
B)  document flowchart 
C)  system flowchart 
D)  program flowchart

Question 19

Backups are automatically produced in a direct access file environment.

Accepted Answer

A) True 
 B)False

Question 20

The order of the entries made in the general journal is by

Accepted Answer

A)  date 
B)  account number 
C)  user 
D)  customer number 
A)  date 
B)  account number 
C)  user 
D)  customer number

A control account is a general ledger account which is supported by a subsidiary ledger.

A journal is used in manual accounting environments.What file is comparable to a journal in a computerized environment?

What is destructive update?

The process of acquiring raw materials is part of the conversion cycle.

System flowcharts represent the input sources,programs,and output products of a computer system.

The general journal is used to record recurring transactions that are similar in nature.

Program flowcharts depict the type of media being used (paper,magnetic tape,or disks)and terminals.

Give a specific example of a turn-around document.

Which symbol represents accounting records?

Contrast procedures for preparing backups in a sequential file environment and direct access file environment.

A common use for sequential coding is

What are the key distinguishing features of legacy systems?

What are the reasons companies use coding schemes in their accounting information systems?

Time lag is one characteristic used to distinguish between batch and real-time systems.Explain.Give an example of when each is a realistic choice.

Batch processing systems can store data on direct access storage devices.

Batch processing of accounts common to many concurrent transactions reduces operational efficiency.

Explain two types of coding schemes and give examples of their use.

Which type of graphical documentation represents systems at different levels of detail?

Backups are automatically produced in a direct access file environment.

The order of the entries made in the general journal is by

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

A control account is a general ledger account which is supported by a subsidiary ledger.

A journal is used in manual accounting environments.What file is comparable to a journal in a computerized environment?

What is destructive update?

The process of acquiring raw materials is part of the conversion cycle.

System flowcharts represent the input sources,programs,and output products of a computer system.

The general journal is used to record recurring transactions that are similar in nature.

Program flowcharts depict the type of media being used (paper,magnetic tape,or disks)and terminals.

Give a specific example of a turn-around document.

Which symbol represents accounting records?

Contrast procedures for preparing backups in a sequential file environment and direct access file environment.

A common use for sequential coding is

What are the key distinguishing features of legacy systems?

What are the reasons companies use coding schemes in their accounting information systems?

Time lag is one characteristic used to distinguish between batch and real-time systems.Explain.Give an example of when each is a realistic choice.

Batch processing systems can store data on direct access storage devices.

Batch processing of accounts common to many concurrent transactions reduces operational efficiency.

Explain two types of coding schemes and give examples of their use.

Which type of graphical documentation represents systems at different levels of detail?

Backups are automatically produced in a direct access file environment.

The order of the entries made in the general journal is by

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