Question 1

The general ledger master data does not contain:

Accepted Answer

A) adjusting entry data 
B) customer number 
C) totals extracted by event type from business event data 
D) a chart of accounts 
A) adjusting entry data 
B) customer number 
C) totals extracted by event type from business event data 
D) a chart of accounts

Question 2

The intent of Sarbanes Oxley is to protect the company by improving the accuracy and reliability of all disclosures.

Accepted Answer

A) True 
 B)False

Question 3

The important information services functions of the GL/BR process emphasized in chapter 16 included two categories: (1) general ledger activities and (2) other business reporting.Briefly discuss what comprises the general ledger (GL) process comprises and what comprises the business reporting process.

Accepted Answer

The general ledger process comprises acc

Question 4

The intent of the Sarbanes Oxley Act is:

Accepted Answer

A) to protect investors by improving the accuracy and reliability of corporate disclosures 
B) to improve GAAP 
C) to increase the speed of disclosures 
D) to strengthen the internal audit department 
A) to protect investors by improving the accuracy and reliability of corporate disclosures 
B) to improve GAAP 
C) to increase the speed of disclosures 
D) to strengthen the internal audit department

Question 5

TB Figure 16.3 is a Level zero DFD for the GL/BR process.Required:
Explode bubble 4.0, for the "Prepare Business Reports" process into a level 1DFD

Accepted Answer

The answer of TB Figure 16.3 is a Level zero...

Question 6

Which of the following has responsibilities and expertise to preparing internal reports:

Accepted Answer

A) the financial reporting officer 
B) the managerial reporting officer 
C) the business reporting department 
D) the budgeting department 
A) the financial reporting officer 
B) the managerial reporting officer 
C) the business reporting department 
D) the budgeting department

Question 7

Sarbanes-Oxley Section 401 covers ____________________ in financial reports.

Accepted Answer

The answer of Sarbanes-Oxley Section 401 covers ____________________ in financial...

Question 8

GAAP based financial statements are sent by:

Accepted Answer

A) the controller 
B) the treasurer 
C) the financial reporting officer 
D) the business reporting department 
A) the controller 
B) the treasurer 
C) the financial reporting officer 
D) the business reporting department

Question 9

Which person has responsibilities similar to those of the financial reporting officer?

Accepted Answer

A) Controller 
B) Treasurer 
C) managerial reporting officer 
D) internal auditor 
A) Controller 
B) Treasurer 
C) managerial reporting officer 
D) internal auditor

Question 10

Tracing back to individual business events that have been aggregated into account balances is done by means of a(n):

Accepted Answer

A) electronic reference service 
B) general ledger account 
C) audit trail 
D) data dictionary 
A) electronic reference service 
B) general ledger account 
C) audit trail 
D) data dictionary

Question 11

The business reporting process comprises all of the following except:

Accepted Answer

A) preparing general purpose external financial statements 
B) generating ad hoc and predetermined business reports for management 
C) ensuring that the external financial statements adhere to GAAP 
D) fueling the financial reporting, business reporting, and other reporting subsystems by providing the information needed to prepare external and internal reports 
A) preparing general purpose external financial statements 
B) generating ad hoc and predetermined business reports for management 
C) ensuring that the external financial statements adhere to GAAP 
D) fueling the financial reporting, business reporting, and other reporting subsystems by providing the information needed to prepare external and internal reports

Question 12

______________________________ is methodology for assessing an organization's business performance via four components: (1) financial, (2) internal business process, (3) customers, and (4) innovation and improvement activities.

Accepted Answer

The answer of ______________________________ is methodology for assessing an organization's...

Question 13

Performance reports to various cost center, profit center, and investment center managers are usually sent by?

Accepted Answer

A) the controller 
B) the treasurer 
C) the managerial reporting officer 
D) the budgeting department 
A) the controller 
B) the treasurer 
C) the managerial reporting officer 
D) the budgeting department

Question 14

TB Figure 16.1 is a Level zero DFD for the GL/BR process.Required:
Explode bubble 3.0, for the "Record Adjustments" process into a level 1DFD

Accepted Answer

The answer of TB Figure 16.1 is a Level zero...

Question 15

XML is an XBRL-based language consisting of a set of tags that are used to unify the presentation of business reporting information into a single format that can be easily read by almost any software package and can be easily searched by web browsers.

Accepted Answer

A) True 
 B)False

Question 16

Discuss the following components of the balanced scorecard:
(1) financial
(2) internal business processes
(3) customers
(4) innovation and improvement activities

Accepted Answer

Balanced scorecard is a methodology for

Question 17

A(n) ____________________ process is any business process that accumulates business event data that are then communicated to and processed within the GL.

Accepted Answer

The answer of A(n) ____________________ process is any business process...

Question 18

The ______________________________ is concerned with preparing external financial statements, ensuring they conform to GAAP, generating Web-based forms of key financial statement and related business reporting via the Internet, and supporting the generation of both ad hoc and predetermined business reports.

Accepted Answer

business r

The general ledger master data does not contain:

The intent of Sarbanes Oxley is to protect the company by improving the accuracy and reliability of all disclosures.

The intent of the Sarbanes Oxley Act is:

TB Figure 16.3 is a Level zero DFD for the GL/BR process.Required: Explode bubble 4.0, for the "Prepare Business Reports" process into a level 1DFD

Which of the following has responsibilities and expertise to preparing internal reports:

Sarbanes-Oxley Section 401 covers ____________________ in financial reports.

GAAP based financial statements are sent by:

Which person has responsibilities similar to those of the financial reporting officer?

Tracing back to individual business events that have been aggregated into account balances is done by means of a(n):

The business reporting process comprises all of the following except:

______________________________ is methodology for assessing an organization's business performance via four components: (1) financial, (2) internal business process, (3) customers, and (4) innovation and improvement activities.

Performance reports to various cost center, profit center, and investment center managers are usually sent by?

TB Figure 16.1 is a Level zero DFD for the GL/BR process.Required: Explode bubble 3.0, for the "Record Adjustments" process into a level 1DFD

XML is an XBRL-based language consisting of a set of tags that are used to unify the presentation of business reporting information into a single format that can be easily read by almost any software package and can be easily searched by web browsers.

Discuss the following components of the balanced scorecard: (1) financial (2) internal business processes (3) customers (4) innovation and improvement activities

A(n) ____________________ process is any business process that accumulates business event data that are then communicated to and processed within the GL.

Introduction to Accounting Information Systems

Enterprise Systems

Electronic Business E-Business Systems

Documenting Information Systems

Database Management Systems

Relational Databases and Sql

Controlling Information Systems: Introduction to Enterprise Risk Management and Internal Control

Controlling Information Systems: Introduction to Pervasive Controls

Controlling Information Systems: Business Process and Application Controls

The Order Entrysales Oes Process

The Billingaccounts Receivable Cash Receipts Barcr Process

The Purchasing Process

Accounts Payablecash Disbursements Apcd Process

The Human Resources Process HR Management and Payroll Processes

Integrated Production Processes IPP

Acquiring and Implementing Accounting Information Systems

Filters

Exam 16: General Ledger and Business Reporting Glbr Process

The general ledger master data does not contain:

The intent of Sarbanes Oxley is to protect the company by improving the accuracy and reliability of all disclosures.

The intent of the Sarbanes Oxley Act is:

TB Figure 16.3 is a Level zero DFD for the GL/BR process.Required: Explode bubble 4.0, for the "Prepare Business Reports" process into a level 1DFD

Which of the following has responsibilities and expertise to preparing internal reports:

Sarbanes-Oxley Section 401 covers ____________________ in financial reports.

GAAP based financial statements are sent by:

Which person has responsibilities similar to those of the financial reporting officer?

Tracing back to individual business events that have been aggregated into account balances is done by means of a(n):

The business reporting process comprises all of the following except:

______________________________ is methodology for assessing an organization's business performance via four components: (1) financial, (2) internal business process, (3) customers, and (4) innovation and improvement activities.

Performance reports to various cost center, profit center, and investment center managers are usually sent by?

TB Figure 16.1 is a Level zero DFD for the GL/BR process.Required: Explode bubble 3.0, for the "Record Adjustments" process into a level 1DFD

XML is an XBRL-based language consisting of a set of tags that are used to unify the presentation of business reporting information into a single format that can be easily read by almost any software package and can be easily searched by web browsers.

Discuss the following components of the balanced scorecard: (1) financial (2) internal business processes (3) customers (4) innovation and improvement activities

A(n) ____________________ process is any business process that accumulates business event data that are then communicated to and processed within the GL.

Introduction to Accounting Information Systems

Enterprise Systems

Electronic Business E-Business Systems

Documenting Information Systems

Database Management Systems

Relational Databases and Sql

Controlling Information Systems: Introduction to Enterprise Risk Management and Internal Control

Controlling Information Systems: Introduction to Pervasive Controls

Controlling Information Systems: Business Process and Application Controls

The Order Entrysales Oes Process

The Billingaccounts Receivable Cash Receipts Barcr Process

The Purchasing Process

Accounts Payablecash Disbursements Apcd Process

The Human Resources Process HR Management and Payroll Processes

Integrated Production Processes IPP

Acquiring and Implementing Accounting Information Systems

Filters