Question 1

A typical source document could be

Accepted Answer

A) some type of paper document. 
B) a computer data entry screen. 
C) the company's financial statements. 
D) both A and B 
A) some type of paper document. 
B) a computer data entry screen. 
C) the company's financial statements. 
D) both A and B

Question 2

Describe four advantages and four disadvantages of implementing an ERP system at a multinational corporation.

Accepted Answer

Advantages
Integrating information break

Question 3

Catarina Boards is a skateboard retailer located in Pueblo,New Mexico.Catarina Boards is a sole proprietorship that stocks an inventory of between 30 and 50 different skateboards.Inventory is updated in real time by the AIS.If Catarina wishes to keep detailed information about the purchase price of each skateboard in a place outside of the general ledger,it might use a

Accepted Answer

A) relational ledger. 
B) transaction file. 
C) master file. 
D) specific ledger. 
A) relational ledger. 
B) transaction file. 
C) master file. 
D) specific ledger.

Question 4

Source documents generally help to improve accuracy in transaction processing because

Accepted Answer

A) they specify which information to collect. 
B) logically related data can be grouped in the same area of the document. 
C) they provide directions and steps for completing the form. 
D) All of the above are correct. 
A) they specify which information to collect. 
B) logically related data can be grouped in the same area of the document. 
C) they provide directions and steps for completing the form. 
D) All of the above are correct.

Question 5

Which of the following statements about a master file is false?

Accepted Answer

A) A master file is conceptually similar to a ledger in a manual AIS. 
B) A master file's individual records are rarely, if ever, changed. 
C) A master file exists across fiscal periods. 
D) A master file stores cumulative information. 
A) A master file is conceptually similar to a ledger in a manual AIS. 
B) A master file's individual records are rarely, if ever, changed. 
C) A master file exists across fiscal periods. 
D) A master file stores cumulative information.

Question 6

A chart of accounts is an example of (select all that apply)

Accepted Answer

A) sequence codes. 
B) block codes. 
C) group codes. 
D) mnemonic codes. 
A) sequence codes. 
B) block codes. 
C) group codes. 
D) mnemonic codes.

Question 7

Which of the following statements is true?

Accepted Answer

A) Batch processing ensures that stored information is always current. 
B) Batch input is more accurate than on-line data entry. 
C) On-line batch processing is a combination of real-time and batch processing. 
D) Batch processing is not frequently used. 
A) Batch processing ensures that stored information is always current. 
B) Batch input is more accurate than on-line data entry. 
C) On-line batch processing is a combination of real-time and batch processing. 
D) Batch processing is not frequently used.

Question 8

Data about which of the following facets of a business activity is most likely to be recorded in a transaction file?

Accepted Answer

A) business activity 
B) resources affected by the business activity 
C) people who participate in the business activity 
D) place the business activity occurs 
A) business activity 
B) resources affected by the business activity 
C) people who participate in the business activity 
D) place the business activity occurs

Question 9

When printed on paper,data output is referred to as

Accepted Answer

A) reports. 
B) hard copy. 
C) soft copy. 
D) financials. 
A) reports. 
B) hard copy. 
C) soft copy. 
D) financials.

Question 10

The existence of multiple systems which provide information can result in all of the following except

Accepted Answer

A) redundancies. 
B) discrepancies. 
C) integration issues. 
D) efficiency. 
A) redundancies. 
B) discrepancies. 
C) integration issues. 
D) efficiency.

Question 11

When the sum of all entries in the subsidiary ledger equals the balance in the corresponding general ledger account,it is assumed that

Accepted Answer

A) the recording processes were accurate. 
B) all source documents were recorded. 
C) adjusting entries are not required. 
D) no errors exist in the subsidiary ledger. 
A) the recording processes were accurate. 
B) all source documents were recorded. 
C) adjusting entries are not required. 
D) no errors exist in the subsidiary ledger.

Question 12

Which of the following is an example of an ERP system?

Accepted Answer

A) Alexis uses a computerized information system to keep track of all the financial data generated by her bakery. She is considering opening a new bakery on the east side of town. 
B) Betty has a system that keeps track of the accounts payable and receivable for her plumbing business. At the end of the year, the system helps her to prepare her taxes in just two hours. 
C) Charlie keeps records of all his business records in a shoe box. Each week he enters all of the data into spreadsheets that automatically generate purchase orders, based on predetermined inventory reorder points. Production quotas for the coming week are also automatically generated based on customer orders. 
D) Doug is a freelance photographer. He keeps records of all expenses and revenues on his cell phone and then e-mails them to himself every month. The files are stored on his personal computer and backed up to CD quarterly. 
A) Alexis uses a computerized information system to keep track of all the financial data generated by her bakery. She is considering opening a new bakery on the east side of town. 
B) Betty has a system that keeps track of the accounts payable and receivable for her plumbing business. At the end of the year, the system helps her to prepare her taxes in just two hours. 
C) Charlie keeps records of all his business records in a shoe box. Each week he enters all of the data into spreadsheets that automatically generate purchase orders, based on predetermined inventory reorder points. Production quotas for the coming week are also automatically generated based on customer orders. 
D) Doug is a freelance photographer. He keeps records of all expenses and revenues on his cell phone and then e-mails them to himself every month. The files are stored on his personal computer and backed up to CD quarterly.

Question 13

Implementation of an ERP system requires increased focus on all except which of the following controls?

Accepted Answer

A) segregation of duties between custody, authorization, and recording 
B) data entry controls on validity and accuracy 
C) controls over access to data 
D) appropriate disposal of hard copy reports 
A) segregation of duties between custody, authorization, and recording 
B) data entry controls on validity and accuracy 
C) controls over access to data 
D) appropriate disposal of hard copy reports

Question 14

Which of the following statements about data processing methods is true?

Accepted Answer

A) Online real-time processing does not store data in a temporary file. 
B) Batch processing cannot be used to update a master file. 
C) Control totals are used to verify accurate processing in both batch and online batch processing. 
D) Online real-time processing is only possible with source data automation. 
A) Online real-time processing does not store data in a temporary file. 
B) Batch processing cannot be used to update a master file. 
C) Control totals are used to verify accurate processing in both batch and online batch processing. 
D) Online real-time processing is only possible with source data automation.

Question 15

The general ledger account that corresponds to a subsidiary ledger account is known as a(n)

Accepted Answer

A) dependent account. 
B) control account. 
C) credit account. 
D) attribute account. 
A) dependent account. 
B) control account. 
C) credit account. 
D) attribute account.

Question 16

Antia Carmie is the largest collector and retailer of Japanese fans in the St.Louis area.Antia uses computer technology to provide superior customer service.The store's database system was designed to make detailed information about each Japanese fan easily accessible to her customers.Accordingly,the fan price and condition are provided for each fan,along with many pictures of each fan.In Antia's database,the price of the Japanese fans is a(n)

Accepted Answer

A) entity. 
B) attribute. 
C) field. 
D) record. 
A) entity. 
B) attribute. 
C) field. 
D) record.

Question 17

Describe an audit trail.

Accepted Answer

An audit trail provides a means to check

Question 18

Describe the relationship between the general and subsidiary ledgers.

Accepted Answer

The general ledger contains summary-leve

Question 19

What is a turnaround document? Provide at least one example of a turnaround document.

Accepted Answer

Turnaround documents are company output

Question 20

A change in an employee's hourly pay would be recorded in

Accepted Answer

A) the payroll master file. 
B) a payroll transaction file. 
C) the employee master file. 
D) the employee transaction file. 
A) the payroll master file. 
B) a payroll transaction file. 
C) the employee master file. 
D) the employee transaction file.

A typical source document could be

Describe four advantages and four disadvantages of implementing an ERP system at a multinational corporation.

Source documents generally help to improve accuracy in transaction processing because

Which of the following statements about a master file is false?

A chart of accounts is an example of (select all that apply)

Which of the following statements is true?

Data about which of the following facets of a business activity is most likely to be recorded in a transaction file?

When printed on paper,data output is referred to as

The existence of multiple systems which provide information can result in all of the following except

When the sum of all entries in the subsidiary ledger equals the balance in the corresponding general ledger account,it is assumed that

Which of the following is an example of an ERP system?

Implementation of an ERP system requires increased focus on all except which of the following controls?

Which of the following statements about data processing methods is true?

The general ledger account that corresponds to a subsidiary ledger account is known as a(n)

Describe an audit trail.

Describe the relationship between the general and subsidiary ledgers.

What is a turnaround document? Provide at least one example of a turnaround document.

A change in an employee's hourly pay would be recorded in

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

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

A typical source document could be

Describe four advantages and four disadvantages of implementing an ERP system at a multinational corporation.

Source documents generally help to improve accuracy in transaction processing because

Which of the following statements about a master file is false?

A chart of accounts is an example of (select all that apply)

Which of the following statements is true?

Data about which of the following facets of a business activity is most likely to be recorded in a transaction file?

When printed on paper,data output is referred to as

The existence of multiple systems which provide information can result in all of the following except

When the sum of all entries in the subsidiary ledger equals the balance in the corresponding general ledger account,it is assumed that

Which of the following is an example of an ERP system?

Implementation of an ERP system requires increased focus on all except which of the following controls?

Which of the following statements about data processing methods is true?

The general ledger account that corresponds to a subsidiary ledger account is known as a(n)

Describe an audit trail.

Describe the relationship between the general and subsidiary ledgers.

What is a turnaround document? Provide at least one example of a turnaround document.

A change in an employee's hourly pay would be recorded in

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