Question 1

The most significant characteristic of direct access files is access speed.

Accepted Answer

A) True 
 B)False

Question 2

Which symbol represents a decision?

Accepted Answer

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

Question 3

In one sentence,what does updating a master file record involve?

Accepted Answer

Updating a master file record

Question 4

What are the three characteristics that are used to distinguish between batch and real-time systems.

Accepted Answer

time frame

Question 5

Which symbol represents a document?

Accepted Answer

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

Question 6

With regard to an entity relationship diagram,what is an entity?

Accepted Answer

Entities are physical resources (automob

Question 7

What does an entity-relationship diagram represent? Why do accountants need to understand them?

Accepted Answer

Entity relationship diagrams represent t

Question 8

The most important advantage of sequential coding is that

Accepted Answer

A)  missing or unrecorded documents can be identified 
B)  the code itself lacks informational content 
C)  items cannot be inserted 
D)  deletions affect the sequence 
A)  missing or unrecorded documents can be identified 
B)  the code itself lacks informational content 
C)  items cannot be inserted 
D)  deletions affect the sequence

Question 9

Operational efficiencies can be improved by

Accepted Answer

A)  updating accounts both common and unique to many concurrent transactions in real time. 
B)  updating accounts both common and unique to many concurrent transactions in batch mode. 
C)  updating accounts unique to many concurrent transactions in real time and updating common accounts in batch mode. 
D)  None of the above are true statements 
A)  updating accounts both common and unique to many concurrent transactions in real time. 
B)  updating accounts both common and unique to many concurrent transactions in batch mode. 
C)  updating accounts unique to many concurrent transactions in real time and updating common accounts in batch mode. 
D)  None of the above are true statements

Question 10

The portion of the monthly bill from a credit card company is an example of a turn-around document.

Accepted Answer

A) True 
 B)False

Question 11

Data flow diagrams

Accepted Answer

A)  depict logical tasks that are being performed, but not who is performing them 
B)  illustrate the relationship between processes, and the documents that flow between them and trigger activities 
C)  represent relationships between key elements of the computer system 
D)  describe in detail the logic of the process 
A)  depict logical tasks that are being performed, but not who is performing them 
B)  illustrate the relationship between processes, and the documents that flow between them and trigger activities 
C)  represent relationships between key elements of the computer system 
D)  describe in detail the logic of the process

Question 12

Comment on the following statement: "Legacy systems use flat file structures."

Accepted Answer

A flat-file structure is a single-view m

Question 13

The coding scheme most appropriate for a chart of accounts is

Accepted Answer

A)  sequential code 
B)  block code 
C)  group code 
D)  mnemonic code 
A)  sequential code 
B)  block code 
C)  group code 
D)  mnemonic code

Question 14

Auditors may prepare program flowcharts to verify the correctness of program logic.

Accepted Answer

A) True 
 B)False

Question 15

Which system produces information used for inventory valuation,budgeting,cost control,performance reporting,and make-buy decisions?

Accepted Answer

A)  sales order processing 
B)  purchases/accounts payable 
C)  cash disbursements 
D)  cost accounting 
A)  sales order processing 
B)  purchases/accounts payable 
C)  cash disbursements 
D)  cost accounting

Question 16

Provide a specific example of a general ledger account and a corresponding subsidiary ledger.

Accepted Answer

accounts receivable control account and

Question 17

Which method of processing does not use the destructive update approach?

Accepted Answer

A)  batch processing using direct access files 
B)  real-time processing 
C)  batch processing using sequential files 
D)  all of the above use the destructive update approach 
A)  batch processing using direct access files 
B)  real-time processing 
C)  batch processing using sequential files 
D)  all of the above use the destructive update approach

Question 18

The most important purpose of a turnaround document is to

Accepted Answer

A)  serve as a source document 
B)  inform a customer of the outstanding amount payable 
C)  provide an audit trail for the external auditor 
D)  inform the bank of electronic funds deposits 
A)  serve as a source document 
B)  inform a customer of the outstanding amount payable 
C)  provide an audit trail for the external auditor 
D)  inform the bank of electronic funds deposits

Question 19

The order of the entries made in the ledger is by

Accepted Answer

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

Question 20

Is a DFD an effective documentation technique for identifying who or what performs a particular task? Explain.

Accepted Answer

No.A DFD shows which tasks are

The most significant characteristic of direct access files is access speed.

Which symbol represents a decision?

In one sentence,what does updating a master file record involve?

What are the three characteristics that are used to distinguish between batch and real-time systems.

Which symbol represents a document?

With regard to an entity relationship diagram,what is an entity?

What does an entity-relationship diagram represent? Why do accountants need to understand them?

The most important advantage of sequential coding is that

Operational efficiencies can be improved by

The portion of the monthly bill from a credit card company is an example of a turn-around document.

Data flow diagrams

Comment on the following statement: "Legacy systems use flat file structures."

The coding scheme most appropriate for a chart of accounts is

Auditors may prepare program flowcharts to verify the correctness of program logic.

Which system produces information used for inventory valuation,budgeting,cost control,performance reporting,and make-buy decisions?

Provide a specific example of a general ledger account and a corresponding subsidiary ledger.

Which method of processing does not use the destructive update approach?

The most important purpose of a turnaround document is to

The order of the entries made in the ledger is by

Is a DFD an effective documentation technique for identifying who or what performs a particular task? Explain.

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

The most significant characteristic of direct access files is access speed.

Which symbol represents a decision?

In one sentence,what does updating a master file record involve?

What are the three characteristics that are used to distinguish between batch and real-time systems.

Which symbol represents a document?

With regard to an entity relationship diagram,what is an entity?

What does an entity-relationship diagram represent? Why do accountants need to understand them?

The most important advantage of sequential coding is that

Operational efficiencies can be improved by

The portion of the monthly bill from a credit card company is an example of a turn-around document.

Data flow diagrams

Comment on the following statement: "Legacy systems use flat file structures."

The coding scheme most appropriate for a chart of accounts is

Auditors may prepare program flowcharts to verify the correctness of program logic.

Which system produces information used for inventory valuation,budgeting,cost control,performance reporting,and make-buy decisions?

Provide a specific example of a general ledger account and a corresponding subsidiary ledger.

Which method of processing does not use the destructive update approach?

The most important purpose of a turnaround document is to

The order of the entries made in the ledger is by

Is a DFD an effective documentation technique for identifying who or what performs a particular task? Explain.

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