Exam 16: General Ledger and Reporting System

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When updating the general ledger,sales,purchases,and production are examples of entries,and issuance or retirement of debt and the purchase or sale of investment securities are examples of entries.

(Multiple Choice)

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Question 41

Who generally is responsible for providing the accounting department with information about financing and investing activities to create the appropriate general ledger journal entries?

(Multiple Choice)

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Question 42

Discuss the value and role of budgets as managerial reports.

(Essay)

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Question 43

Which of the following balanced scorecard dimensions provides measures on how well the organization is developing new products and training its workforce to continuously improve service and results?

(Multiple Choice)

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Question 44

Identify the adjusting entry that is made at the end of an accounting period to reflect an exchange of cash prior to the performance of a related event is classified as a(n)

(Multiple Choice)

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Question 45

Departments that mostly provide services to other units and charge those units for services rendered should be evaluated as ________ centers.

(Multiple Choice)

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Question 46

Adjusting entries that are made to recognize revenue that has been received but not yet earned are classified as

(Multiple Choice)

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Question 47

Which of the following is not a perspective reflected in the balanced scorecard?

(Multiple Choice)

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Question 48

Cash is a component of the adjusting entry.

(True/False)

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Question 49

If you believe a general ledger account was not adjusted properly or at all,you should prepare a general ledger control report listing journal vouchers in

(Multiple Choice)

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Question 50

Which of the following is not one of the principles of proper graph design for bar charts?

(Multiple Choice)

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Question 51

Which of the following controls can minimize the threat of inaccurate financial statements?

(Multiple Choice)

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Question 52

Corrections are entries made to correct errors found in

(Multiple Choice)

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Question 53

Immediately after the adjusting entries are posted,the next step in the general ledger and reporting system is to prepare

(Multiple Choice)

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Question 54

Which of the following controls can minimize the threat of loss or destruction of data?

(Multiple Choice)

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Question 55

Which of the following balanced scorecard dimensions provides measures on how well the organization is working to improve customer satisfaction and become the preferred supplier for key customers?

(Multiple Choice)

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Question 56

How is a balanced scorecard used to assess organizational performance?

(Essay)

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Question 57

Which of the following are appropriate controls for the general ledger and reporting system?

(Multiple Choice)

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Question 58

Adjusting entries that reflect a change in accounting principle used to value inventories are classified as

(Multiple Choice)

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Question 59

What control procedure(s)should be used to reduce the risk of the destruction of financial statement master data?

(Multiple Choice)

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Question 60

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Exam 16: General Ledger and Reporting System

When updating the general ledger,sales,purchases,and production are examples of ________ entries,and issuance or retirement of debt and the purchase or sale of investment securities are examples of ________ entries.

Who generally is responsible for providing the accounting department with information about financing and investing activities to create the appropriate general ledger journal entries?

Discuss the value and role of budgets as managerial reports.

Which of the following balanced scorecard dimensions provides measures on how well the organization is developing new products and training its workforce to continuously improve service and results?

Identify the adjusting entry that is made at the end of an accounting period to reflect an exchange of cash prior to the performance of a related event is classified as a(n)

Departments that mostly provide services to other units and charge those units for services rendered should be evaluated as ________ centers.

Adjusting entries that are made to recognize revenue that has been received but not yet earned are classified as

Which of the following is not a perspective reflected in the balanced scorecard?

Cash is a component of the adjusting entry.

If you believe a general ledger account was not adjusted properly or at all,you should prepare a general ledger control report listing journal vouchers in

Which of the following is not one of the principles of proper graph design for bar charts?

Which of the following controls can minimize the threat of inaccurate financial statements?

Corrections are entries made to correct errors found in

Immediately after the adjusting entries are posted,the next step in the general ledger and reporting system is to prepare

Which of the following controls can minimize the threat of loss or destruction of data?

Which of the following balanced scorecard dimensions provides measures on how well the organization is working to improve customer satisfaction and become the preferred supplier for key customers?

How is a balanced scorecard used to assess organizational performance?

Which of the following are appropriate controls for the general ledger and reporting system?

Adjusting entries that reflect a change in accounting principle used to value inventories are classified as

What control procedure(s)should be used to reduce the risk of the destruction of financial statement master data?

Conceptual Foundations of Accounting Information Systems

Overview of Transaction Processing and Enterprise Resource Planning 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

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

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When updating the general ledger,sales,purchases,and production are examples of entries,and issuance or retirement of debt and the purchase or sale of investment securities are examples of entries.