Question 1

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. A

Question 2

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. A

Question 3

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. C

Question 4

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 5

Describe the basic cycles and business activities for a typical merchandising company.

Accepted Answer

Revenue cycle - deliver inventory to cus

Question 6

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 7

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 8

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 9

A purchase requisition is a common source document used to facilitate which business activity?

Accepted Answer

A) customer sale 
B) receipt of goods 
C) inventory purchase 
D) purchase request 
A) customer sale 
B) receipt of goods 
C) inventory purchase 
D) purchase request

Question 10

True or False: The existence of relevant data guarantees the data are useful.

Accepted Answer

A) True 
 B)False

Question 11

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 12

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 13

Which of the following commonly initiates the data input process?

Accepted Answer

A) a business activity 
B) automatic batch processing 
C) an accounting department source document 
D) a trial balance query 
A) a business activity 
B) automatic batch processing 
C) an accounting department source document 
D) a trial balance query

Question 14

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.

Question 15

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 16

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 17

All of the following are reasons that implementing a new ERP may fail except

Accepted Answer

A) employees may resist using the ERP system. 
B) ERPs can take years to fully implement. 
C) employees may refuse to share sensitive information with different departments. 
D) ERPs may require procedures and reports to be standardized across business units. 
A) employees may resist using the ERP system. 
B) ERPs can take years to fully implement. 
C) employees may refuse to share sensitive information with different departments. 
D) ERPs may require procedures and reports to be standardized across business units.

Question 18

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 19

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 20

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.

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

Source data automation refers to

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

Which of the following statements is true?

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

Describe the basic cycles and business activities for a typical merchandising company.

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

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

A purchase requisition is a common source document used to facilitate which business activity?

True or False: The existence of relevant data guarantees the data are useful.

All of the following are advantages of an ERP system except

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

Which of the following commonly initiates the data input process?

A general journal

In transaction processing,generally which activity comes first?

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

All of the following are reasons that implementing a new ERP may fail except

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

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

All of the following are disadvantages of an ERP system except

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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