Question 1

When displayed on a monitor,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 2

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 3

Which of the following is not usually a consideration when designing a coding system?

Accepted Answer

A)  government coding regulations 
B)  standardization 
C)  future expansion needs 
D)  ease of reporting 
A)  government coding regulations 
B)  standardization 
C)  future expansion needs 
D)  ease of reporting

Question 4

The quality assurance department at a large manufacturing business enters data into the AIS that is used to produce a weekly report that summarizes the proportion of defective units in each product line.This is an example of

Accepted Answer

A)  internal financial information. 
B)  internal nonfinancial information. 
C)  external financial information. 
D)  external nonfinancial information. 
A)  internal financial information. 
B)  internal nonfinancial information. 
C)  external financial information. 
D)  external nonfinancial information.

Question 5

The general ledger

Accepted Answer

A)  is the initial place to record general expenses. 
B)  is posted in total to the general journal. 
C)  only includes balance sheet accounts. 
D)  summarizes the transactions in journals. 
A)  is the initial place to record general expenses. 
B)  is posted in total to the general journal. 
C)  only includes balance sheet accounts. 
D)  summarizes the transactions in journals.

Question 6

Many small businesses choose to outsource their payroll activities to firms that specialize in providing payroll services.Dolores Yu operates a payroll processing business in Calabasas,California.When she sends bills out to her clients,her work is part of her firm'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 7

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 8

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 9

Product items are often coded with (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 10

All of the following are disadvantages of an ERP system except

Accepted Answer

A)  an ERP provides an integrated view of the organization's data. 
B)  ERP software and hardware can cost midsized companies between $10 million and $20 million dollars. 
C)  ERPs frequently cause organizations to change their business processes to standardized ones. 
D)  ERPs are relatively complex. 
A)  an ERP provides an integrated view of the organization's data. 
B)  ERP software and hardware can cost midsized companies between $10 million and $20 million dollars. 
C)  ERPs frequently cause organizations to change their business processes to standardized ones. 
D)  ERPs are relatively complex.

Question 11

Changing an employee's hourly wage rate would be recorded where?

Accepted Answer

A)  employee master file 
B)  employee transaction file 
C)  special journal 
D)  employee update file 
A)  employee master file 
B)  employee transaction file 
C)  special journal 
D)  employee update file

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

Identify the statement below that is false with regards to effective coding practices.

Accepted Answer

A)  Codes should allow for growth. 
B)  Codes should be consistent with intended use. 
C)  Codes should be customized for each division of an organization. 
D)  Codes should be as simple as possible. 
A)  Codes should allow for growth. 
B)  Codes should be consistent with intended use. 
C)  Codes should be customized for each division of an organization. 
D)  Codes should be as simple as possible.

Question 14

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 15

Describe the relationship between the general and subsidiary ledgers.

Accepted Answer

The general ledger contains summary-leve

Question 16

Identify the item below that is not one of the four different types of data processing activities.

Accepted Answer

A)  creating 
B)  reading 
C)  using 
D)  deleting 
A)  creating 
B)  reading 
C)  using 
D)  deleting

Question 17

All of the following are advantages of an ERP system except

Accepted Answer

A)  in an ERP, data input is captured or keyed once. 
B)  ERPs permit management to gain greater visibility into every area of the enterprise. 
C)  it takes considerable experience and training to use an ERP system effectively. 
D)  ERPs permit manufacturing plants to receive new orders in real time. 
A)  in an ERP, data input is captured or keyed once. 
B)  ERPs permit management to gain greater visibility into every area of the enterprise. 
C)  it takes considerable experience and training to use an ERP system effectively. 
D)  ERPs permit manufacturing plants to receive new orders in real time.

Question 18

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 19

Describe the methods used to collect data about business activities.Describe design and control considerations for each of the data collection methods.

Accepted Answer

Data about business activities can be co

Question 20

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.

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

When displayed on a monitor,data output is referred to as

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

Which of the following is not usually a consideration when designing a coding system?

The quality assurance department at a large manufacturing business enters data into the AIS that is used to produce a weekly report that summarizes the proportion of defective units in each product line.This is an example of

The general ledger

Many small businesses choose to outsource their payroll activities to firms that specialize in providing payroll services.Dolores Yu operates a payroll processing business in Calabasas,California.When she sends bills out to her clients,her work is part of her firm's

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

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

Product items are often coded with (select all that apply)

All of the following are disadvantages of an ERP system except

Changing an employee's hourly wage rate would be recorded where?

What is the final step in the data processing cycle?

Identify the statement below that is false with regards to effective coding practices.

A subsidiary ledger

Describe the relationship between the general and subsidiary ledgers.

Identify the item below that is not one of the four different types of data processing activities.

All of the following are advantages of an ERP system except

What is the most frequent revenue cycle transaction?

Describe the methods used to collect data about business activities.Describe design and control considerations for each of the data collection methods.

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

Accounting Information Systems: an Overview

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

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