Question 1

Identify the statement below that is not true with regards to the accounts receivable subsidiary ledger.

Accepted Answer

A) Every credit sale is entered individually into the subsidiary ledger. 
B) Debits and credits in the subsidiary ledger must always equal. 
C) The subsidiary ledgers play an important role in maintaining the accuracy of the data stored in the AIS. 
D) The total of the subsidiary ledgers must equal the control account. 
A) Every credit sale is entered individually into the subsidiary ledger. 
B) Debits and credits in the subsidiary ledger must always equal. 
C) The subsidiary ledgers play an important role in maintaining the accuracy of the data stored in the AIS. 
D) The total of the subsidiary ledgers must equal the control account.

Question 2

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 3

Identify the four parts of the transaction processing cycle.

Accepted Answer

A) data input,data storage,data processing,information output 
B) data input,data recall,data processing,information output 
C) data input,data recall,data transmission,information output 
D) data input,data recall,data transmission,data storage 
A) data input,data storage,data processing,information output 
B) data input,data recall,data processing,information output 
C) data input,data recall,data transmission,information output 
D) data input,data recall,data transmission,data storage

Question 4

Describe the relationship between the general and subsidiary ledgers.

Accepted Answer

The general ledger contains summary-leve

Question 5

Which of the following is conceptually similar to a journal in a manual AIS?

Accepted Answer

A) database 
B) master file 
C) record 
D) transaction file 
A) database 
B) master file 
C) record 
D) transaction file

Question 6

Common source documents for the revenue cycle include all of the following except

Accepted Answer

A) sales order. 
B) receiving report. 
C) delivery ticket. 
D) credit memo. 
A) sales order. 
B) receiving report. 
C) delivery ticket. 
D) credit memo.

Question 7

Which of the following is an example of source data automation?

Accepted Answer

A) a utility bill 
B) POS (point-of-sale)scanners in retail stores 
C) a bill of lading 
D) a subsidiary ledger 
A) a utility bill 
B) POS (point-of-sale)scanners in retail stores 
C) a bill of lading 
D) a subsidiary ledger

Question 8

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 9

Which statement below regarding the AIS and managerial reports is false?

Accepted Answer

A) The AIS is best utilized for financial data while the management information system is best utilized for operational data. 
B) The AIS must be able to provide managers with detailed operational information about the organization's performance. 
C) Both financial and nonfinancial data are required for proper and complete evaluation of organizational performance. 
D) Most source documents capture both financial and nonfinancial data about business transactions. 
A) The AIS is best utilized for financial data while the management information system is best utilized for operational data. 
B) The AIS must be able to provide managers with detailed operational information about the organization's performance. 
C) Both financial and nonfinancial data are required for proper and complete evaluation of organizational performance. 
D) Most source documents capture both financial and nonfinancial data about business transactions.

Question 10

Street Smarts (SS)is a retailer located in Naperville,Illinois.During the peak tourist season,it has average daily cash and credit card sales in excess of $7,000.What is the best way for SS 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

Question 11

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 12

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 13

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 14

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 15

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 16

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 17

Describe an audit trail.

Accepted Answer

An audit trail provides a means to check

Question 18

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 19

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 20

Which of the following documents would be found in the expenditure cycle?

Accepted Answer

A) delivery ticket 
B) time card 
C) credit memo 
D) purchase order 
A) delivery ticket 
B) time card 
C) credit memo 
D) purchase order

Identify the statement below that is not true with regards to the accounts receivable subsidiary ledger.

The coding technique most likely used for sales orders is

Identify the four parts of the transaction processing cycle.

Describe the relationship between the general and subsidiary ledgers.

Which of the following is conceptually similar to a journal in a manual AIS?

Common source documents for the revenue cycle include all of the following except

Which of the following is an example of source data automation?

Which statement below regarding the AIS and managerial reports is false?

Street Smarts (SS)is a retailer located in Naperville,Illinois.During the peak tourist season,it has average daily cash and credit card sales in excess of $7,000.What is the best way for SS to ensure that sales data entry is efficient and accurate?

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

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

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

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

Data processing includes all of the following except

Describe an audit trail.

What is the final step in the data processing cycle?

When printed on paper,data output is referred to as

Which of the following documents would be found in the expenditure cycle?

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

Filters

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

Identify the statement below that is not true with regards to the accounts receivable subsidiary ledger.

The coding technique most likely used for sales orders is

Identify the four parts of the transaction processing cycle.

Describe the relationship between the general and subsidiary ledgers.

Which of the following is conceptually similar to a journal in a manual AIS?

Common source documents for the revenue cycle include all of the following except

Which of the following is an example of source data automation?

Which statement below regarding the AIS and managerial reports is false?

Street Smarts (SS)is a retailer located in Naperville,Illinois.During the peak tourist season,it has average daily cash and credit card sales in excess of $7,000.What is the best way for SS to ensure that sales data entry is efficient and accurate?

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

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

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

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

Data processing includes all of the following except

Describe an audit trail.

What is the final step in the data processing cycle?

When printed on paper,data output is referred to as

Which of the following documents would be found in the expenditure cycle?

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

Filters