Question 1

Which of the following is conceptually similar to a journal in a manual AIS?

Accepted Answer

A) database 
B) master file 
C) record 
D) transaction file 
A) database 
B) master file 
C) record 
D) transaction file D

Question 2

Pre-numbering of shipping documents helps to verify that

Accepted Answer

A) documents have been used in order. 
B) company policies were followed. 
C) all transactions have been recorded. 
D) source data automation was used to capture data. 
A) documents have been used in order. 
B) company policies were followed. 
C) all transactions have been recorded. 
D) source data automation was used to capture data. C

Question 3

A general journal

Accepted Answer

A) would be used to record monthly depreciation entries. 
B) simplifies the process of recording large numbers of repetitive transactions. 
C) records all detailed data for any general ledger account that has individual sub-accounts. 
D) contains summary-level data for every account of the organization. 
A) would be used to record monthly depreciation entries. 
B) simplifies the process of recording large numbers of repetitive transactions. 
C) records all detailed data for any general ledger account that has individual sub-accounts. 
D) contains summary-level data for every account of the organization. A

Question 4

Which statement below is true with regards to an audit trail?

Accepted Answer

A) An audit trail begins with the general journal. 
B) An audit trail provides the means to check the accuracy and validity of ledger postings. 
C) An audit trail is a summary of recorded transactions. 
D) An audit trail is automatically created in every computer-based information system. 
A) An audit trail begins with the general journal. 
B) An audit trail provides the means to check the accuracy and validity of ledger postings. 
C) An audit trail is a summary of recorded transactions. 
D) An audit trail is automatically created in every computer-based information system.

Question 5

Which step below is not considered to be part of the data processing cycle?

Accepted Answer

A) data input 
B) feedback from external sources 
C) data storage 
D) data processing 
A) data input 
B) feedback from external sources 
C) data storage 
D) data processing

Question 6

Source data automation refers to

Accepted Answer

A) using devices to capture transaction data in machine-readable form at the time the transaction is initiated. 
B) using the internet as the operating platform of an accounting information system. 
C) using an accounting information system to electronically bill customers. 
D) using an accounting information system to automate a previously manual transaction process. 
A) using devices to capture transaction data in machine-readable form at the time the transaction is initiated. 
B) using the internet as the operating platform of an accounting information system. 
C) using an accounting information system to electronically bill customers. 
D) using an accounting information system to automate a previously manual transaction process.

Question 7

In an ERP system,the module used to record data about transactions in the disbursement cycle is called

Accepted Answer

A) order to cash. 
B) purchase to pay. 
C) financial. 
D) customer relationship management. 
A) order to cash. 
B) purchase to pay. 
C) financial. 
D) customer relationship management.

Question 8

In an ERP system,the module used to record data about transactions in the production cycle is called

Accepted Answer

A) order to cash. 
B) purchase to pay. 
C) manufacturing. 
D) logistics. 
A) order to cash. 
B) purchase to pay. 
C) manufacturing. 
D) logistics.

Question 9

In transaction processing,generally which activity comes first?

Accepted Answer

A) recording data in a journal 
B) posting items to special journals 
C) capturing data on source documents 
D) recording data in a general ledger 
A) recording data in a journal 
B) posting items to special journals 
C) capturing data on source documents 
D) recording data in a general ledger

Question 10

A specialized journal would be most likely to be used to enter

Accepted Answer

A) sales transactions. 
B) monthly depreciation adjustments. 
C) annual closing entries. 
D) stock issuance transactions. 
A) sales transactions. 
B) monthly depreciation adjustments. 
C) annual closing entries. 
D) stock issuance transactions.

Question 11

Data must be collected about three facets of each business activity.What are they?

Accepted Answer

A) the business activity, the resources it affects, the people who participate 
B) the business activity, the transactions it creates, the impact on the financial statements 
C) the inputs, outputs and processes used 
D) who is involved, what was sold, how much was paid 
A) the business activity, the resources it affects, the people who participate 
B) the business activity, the transactions it creates, the impact on the financial statements 
C) the inputs, outputs and processes used 
D) who is involved, what was sold, how much was paid

Question 12

In Petaluma,California,electric power is provided to consumers by Pacific Power.Each month Pacific Power mails bills to 186,000 households and then processes payments as they are received.What is the best way for this business to ensure that payment data entry is efficient and accurate?

Accepted Answer

A) well-designed paper forms 
B) source data automation 
C) turnaround documents 
D) sequentially numbered bills 
A) well-designed paper forms 
B) source data automation 
C) turnaround documents 
D) sequentially numbered bills

Question 13

Build Smarts is a supplier of building materials to more than 150 builders in the state of Illinois.What is the best way for Build Smarts to ensure that all sales are recorded?

Accepted Answer

A) well-designed paper forms 
B) source data automation 
C) turnaround documents 
D) sequentially numbered sales invoices 
A) well-designed paper forms 
B) source data automation 
C) turnaround documents 
D) sequentially numbered sales invoices

Question 14

John Pablo works in the accounting department of a multinational manufacturing company.His job includes updating accounts payable based on purchase orders and checks.His responsibilities are part of the company's

Accepted Answer

A) revenue cycle. 
B) expenditure cycle. 
C) financing cycle. 
D) production cycle. 
A) revenue cycle. 
B) expenditure cycle. 
C) financing cycle. 
D) production cycle.

Question 15

In an ERP system,the module used to record marketing data is called

Accepted Answer

A) marketing. 
B) advertising. 
C) customer relationship management. 
D) customer service. 
A) marketing. 
B) advertising. 
C) customer relationship management. 
D) customer service.

Question 16

Which of the following statements regarding special journals is not true?

Accepted Answer

A) The balances in a special journal must always reconcile to the general ledger. 
B) Special journals are used to record large numbers of repetitive transactions. 
C) Special journals are periodically summarized and posted to the general ledger. 
D) Special journals provide a specialized format for recording similar transactions. 
A) The balances in a special journal must always reconcile to the general ledger. 
B) Special journals are used to record large numbers of repetitive transactions. 
C) Special journals are periodically summarized and posted to the general ledger. 
D) Special journals provide a specialized format for recording similar transactions.

Question 17

The type of journal that records large numbers of repetitive transactions such as sales,cash receipts,and cash disbursements is

Accepted Answer

A) a general journal. 
B) a subsidiary journal. 
C) a specialized journal. 
D) a detailed transaction journal. 
A) a general journal. 
B) a subsidiary journal. 
C) a specialized journal. 
D) a detailed transaction journal.

Question 18

What is the first step in the data processing cycle?

Accepted Answer

A) output 
B) storage 
C) processing 
D) input 
A) output 
B) storage 
C) processing 
D) input

Question 19

What is the most frequent revenue cycle transaction?

Accepted Answer

A) purchase of inventory 
B) receipt of cash 
C) sale to customer 
D) billing 
A) purchase of inventory 
B) receipt of cash 
C) sale to customer 
D) billing

Question 20

Which of the following statement is true about master file?

Accepted Answer

A) Individual master file records are permanent. 
B) Individual master file records may change frequently. 
C) Individual master file records are sometime being referred to as date value. 
D) Individual master file records are sometime being referred to as entity. 
A) Individual master file records are permanent. 
B) Individual master file records may change frequently. 
C) Individual master file records are sometime being referred to as date value. 
D) Individual master file records are sometime being referred to as entity.

Exam 2: Overview of Transaction Processing and Enterprise Resource Planning Systems

Which of the following is conceptually similar to a journal in a manual AIS?

Pre-numbering of shipping documents helps to verify that

A general journal

Which statement below is true with regards to an audit trail?

Which step below is not considered to be part of the data processing cycle?

Source data automation refers to

In an ERP system,the module used to record data about transactions in the disbursement cycle is called

In an ERP system,the module used to record data about transactions in the production cycle is called

In transaction processing,generally which activity comes first?

A specialized journal would be most likely to be used to enter

Data must be collected about three facets of each business activity.What are they?

In Petaluma,California,electric power is provided to consumers by Pacific Power.Each month Pacific Power mails bills to 186,000 households and then processes payments as they are received.What is the best way for this business to ensure that payment data entry is efficient and accurate?

Build Smarts is a supplier of building materials to more than 150 builders in the state of Illinois.What is the best way for Build Smarts to ensure that all sales are recorded?

John Pablo works in the accounting department of a multinational manufacturing company.His job includes updating accounts payable based on purchase orders and checks.His responsibilities are part of the company's

In an ERP system,the module used to record marketing data is called

Which of the following statements regarding special journals is not true?

The type of journal that records large numbers of repetitive transactions such as sales,cash receipts,and cash disbursements is

What is the first step in the data processing cycle?

What is the most frequent revenue cycle transaction?

Which of the following statement is true about master file?

Conceptual Foundations of Accounting Information Systems

Systems Documentation Techniques

Relational Databases

Computer Fraud

Computer Fraud and Abuse Techniques

Control and Accounting Information Systems

Controls for Information Security

Confidentiality and Privacy Controls

Processing Integrity and Availability Controls

Auditing Computer-Based Information Systems

The Revenue Cycle: Sales to Cash Collections

The Expenditure Cycle: Purchasing to Cash Disbursements

The Production Cycle

The Human Resources Management and Payroll Cycle

General Ledger and Reporting System

Database Design Using the Rea Data Model

Implementing an Rea Model in a Relational Database

Special Topics in Rea Modeling

Introduction to Systems Development and Systems Analysis

Ais Development Strategies

Systems Design, implementation, and Operation

Filters