Question 1

Which statement below regarding the AIS is false?

Accepted Answer

A) The AIS must be able to provide managers with detailed and operational information about the organization's performance. 
B) Both traditional financial measures and operational data are required for proper and complete evaluation of performance. 
C) The AIS was often just one of the information systems used by an organization to collect and process financial and nonfinancial data. 
D) Traditionally, most AIS have been designed so that both financial and operational data are stored in a manner that facilitates their integration in reports. 
A) The AIS must be able to provide managers with detailed and operational information about the organization's performance. 
B) Both traditional financial measures and operational data are required for proper and complete evaluation of performance. 
C) The AIS was often just one of the information systems used by an organization to collect and process financial and nonfinancial data. 
D) Traditionally, most AIS have been designed so that both financial and operational data are stored in a manner that facilitates their integration in reports.

Question 2

A subsidiary ledger

Accepted Answer

A) is used to record infrequent or non-routine transactions. 
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) is used to record infrequent or non-routine transactions. 
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.

Question 3

A delivery of inventory from a vendor,with whom a credit line is already established,would be initially recorded in which type of accounting record and as part of what transaction cycle?

Accepted Answer

A) purchases journal; expenditure cycle 
B) general journal; expenditure cycle 
C) general ledger; expenditure cycle 
D) cash disbursements journal; production cycle 
A) purchases journal; expenditure cycle 
B) general journal; expenditure cycle 
C) general ledger; expenditure cycle 
D) cash disbursements journal; production cycle

Question 4

One way ERP vendors help to make the configuration process easier for their customers is to

Accepted Answer

A) encourage their customers to use decentralized databases. 
B) train their customers to use an existing system and build interfaces between it and their ERP system. 
C) develop built-in configuration tools to address most of their customers' needs for system changes. 
D) All of the above. 
A) encourage their customers to use decentralized databases. 
B) train their customers to use an existing system and build interfaces between it and their ERP system. 
C) develop built-in configuration tools to address most of their customers' needs for system changes. 
D) All of the above.

Question 5

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 a cumulative information about its company',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 6

Which of the following is not considered a source document?

Accepted Answer

A) A copy of the company's financial statements. 
B) A copy of the company's shipping document. 
C) A copy of the company's sales journal. 
D) A copy of the company's ledger. 
A) A copy of the company's financial statements. 
B) A copy of the company's shipping document. 
C) A copy of the company's sales journal. 
D) A copy of the company's ledger.

Question 7

For a retail business,a delivery of inventory,from a vendor (with whom there is an established credit relationship)would be initially recorded in which type of accounting record as part of which transaction cycle?

Accepted Answer

A) purchases journal; expenditure cycle 
B) general journal; expenditure cycle 
C) general ledger; expenditure cycle 
D) cash disbursements journal; production cycle 
A) purchases journal; expenditure cycle 
B) general journal; expenditure cycle 
C) general ledger; expenditure cycle 
D) cash disbursements journal; production cycle

Question 8

What is the purpose of source documents? What controls are embedded in source documents? Give two examples of source documents.

Accepted Answer

The primary purpose of source documents

Question 9

Data about all of the following facets of a business activity are most likely to be recorded in a master file except the

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 10

Product code WSH500D08 is an example of

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 11

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 data about each Japanese fan represents a(n)

Accepted Answer

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

Question 12

What is the final 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 13

John Pablo works in the accounting department of a multinational manufacturing company.His job includes updating accounts receivable based on sales orders and remittance advices.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 14

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 Japanese fans (as a whole)represent a(n)

Accepted Answer

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

Question 15

Data processing includes all of the following except

Accepted Answer

A) verifying subsidiary ledger balances. 
B) changing customer addresses. 
C) removing inventory items no longer offered. 
D) adding the name of a new vendor. 
A) verifying subsidiary ledger balances. 
B) changing customer addresses. 
C) removing inventory items no longer offered. 
D) adding the name of a new vendor.

Question 16

The coding technique most likely used for sales orders is

Accepted Answer

A) block code. 
B) group code. 
C) sequence code. 
D) data code. 
A) block code. 
B) group code. 
C) sequence code. 
D) data code.

Question 17

In an ERP system,the module used to record data about transactions in the revenue 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 18

Describe guidelines to follow for a well-designed coding system.

Accepted Answer

First,the code should be consistent with

Question 19

A specialized journal

Accepted Answer

A) is used to record infrequent or non-routine transactions. 
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) is used to record infrequent or non-routine transactions. 
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.

Question 20

Street Smarts is a retailer located in Naperville,Illinois.During the peak tourist season,it has average daily cash and credit card sales in excess of $10,000.What is the best way for Street Smarts to ensure that sales data entry is efficient and accurate?

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

Which statement below regarding the AIS is false?

A subsidiary ledger

A delivery of inventory from a vendor,with whom a credit line is already established,would be initially recorded in which type of accounting record and as part of what transaction cycle?

One way ERP vendors help to make the configuration process easier for their customers is to

Which of the following is not considered a source document?

For a retail business,a delivery of inventory,from a vendor (with whom there is an established credit relationship)would be initially recorded in which type of accounting record as part of which transaction cycle?

What is the purpose of source documents? What controls are embedded in source documents? Give two examples of source documents.

Data about all of the following facets of a business activity are most likely to be recorded in a master file except the

Product code WSH500D08 is an example of

What is the final step in the data processing cycle?

John Pablo works in the accounting department of a multinational manufacturing company.His job includes updating accounts receivable based on sales orders and remittance advices.His responsibilities are part of the company's

Data processing includes all of the following except

The coding technique most likely used for sales orders is

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

Describe guidelines to follow for a well-designed coding system.

A specialized journal

Street Smarts is a retailer located in Naperville,Illinois.During the peak tourist season,it has average daily cash and credit card sales in excess of $10,000.What is the best way for Street Smarts to ensure that sales data entry is efficient and accurate?

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

Which statement below regarding the AIS is false?

A subsidiary ledger

A delivery of inventory from a vendor,with whom a credit line is already established,would be initially recorded in which type of accounting record and as part of what transaction cycle?

One way ERP vendors help to make the configuration process easier for their customers is to

Which of the following is not considered a source document?

For a retail business,a delivery of inventory,from a vendor (with whom there is an established credit relationship)would be initially recorded in which type of accounting record as part of which transaction cycle?

What is the purpose of source documents? What controls are embedded in source documents? Give two examples of source documents.

Data about all of the following facets of a business activity are most likely to be recorded in a master file except the

Product code WSH500D08 is an example of

What is the final step in the data processing cycle?

John Pablo works in the accounting department of a multinational manufacturing company.His job includes updating accounts receivable based on sales orders and remittance advices.His responsibilities are part of the company's

Data processing includes all of the following except

The coding technique most likely used for sales orders is

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

Describe guidelines to follow for a well-designed coding system.

A specialized journal

Street Smarts is a retailer located in Naperville,Illinois.During the peak tourist season,it has average daily cash and credit card sales in excess of $10,000.What is the best way for Street Smarts to ensure that sales data entry is efficient and accurate?

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