Question 1

Batch processing systems can store data on direct access storage devices.

Accepted Answer

A) True 
 B)False  True

Question 2

The most significant characteristic of direct access files is access speed.

Accepted Answer

A) True 
 B)False  True

Question 3

The portion of the monthly bill that the customer returns to the credit card company with the payment is an example of a turnaround document.

Accepted Answer

A) True 
 B)False  True

Question 4

Why is the audit trail important?

Accepted Answer

The audit trail is used to tra

Question 5

Documents that are created at the beginning of the transaction are called __________________________.

Accepted Answer

The answer of Documents that are created at the beginning...

Question 6

Which of the following is an archive file?

Accepted Answer

A) an accounts payable subsidiary ledger 
B) a cash receipts file 
C) a list of approved suppliers 
D) a file of accounts receivable that have been written off 
A) an accounts payable subsidiary ledger 
B) a cash receipts file 
C) a list of approved suppliers 
D) a file of accounts receivable that have been written off

Question 7

What are the subsystems of the expenditure cycle?

Accepted Answer

purchasing,cash disb

Question 8

A file that stores data used as a standard when processing transactions is

Accepted Answer

A) a reference file 
B) a master file 
C) a transaction file 
D) an archive file 
A) a reference file 
B) a master file 
C) a transaction file 
D) an archive file

Question 9

Program flowcharts depict the type of media being used (paper,magnetic tape,or disks)and terminals.

Accepted Answer

A) True 
 B)False

Question 10

Is a DFD an effective documentation technique for identifying who or what performs a particular task? Explain.

Accepted Answer

No.A DFD shows which tasks are

Question 11

Operational inefficiencies occur because accounts common to many concurrent transactions need to be updated in real time.

Accepted Answer

A) True 
 B)False

Question 12

Which system is not part of the expenditure cycle?

Accepted Answer

A) cash disbursements 
B) payroll 
C) production planning/control 
D) purchases/accounts payable 
A) cash disbursements 
B) payroll 
C) production planning/control 
D) purchases/accounts payable

Question 13

What are the reasons companies use coding schemes in their accounting information systems?

Accepted Answer

Companies use coding schemes in their AI

Question 14

Real-time processing in systems that handle large volumes of transactions each day can create operational inefficiencies.

Accepted Answer

A) True 
 B)False

Question 15

Which documentation technique depicts relationship between business entities in databases?

Accepted Answer

entity rel

Question 16

Give a brief description of each of the following documentation techniques: systems flowchart and program flowchart.

Accepted Answer

System flowcharts portray the relationsh

Question 17

Which document is not a type of source document?

Accepted Answer

A) a sales order 
B) an employee time card 
C) a paycheck 
D) a sales return receipt 
A) a sales order 
B) an employee time card 
C) a paycheck 
D) a sales return receipt

Question 18

______________________________________ are the two data processing approaches used in modern systems.

Accepted Answer

Batch proc

Question 19

What is a ledger?

Accepted Answer

A ledger is a book of accounts

Question 20

In one sentence,what does updating a master file record involve?

Accepted Answer

Updating a master file record

Batch processing systems can store data on direct access storage devices.

The most significant characteristic of direct access files is access speed.

The portion of the monthly bill that the customer returns to the credit card company with the payment is an example of a turnaround document.

Why is the audit trail important?

Documents that are created at the beginning of the transaction are called __________________________.

Which of the following is an archive file?

What are the subsystems of the expenditure cycle?

A file that stores data used as a standard when processing transactions is

Program flowcharts depict the type of media being used (paper,magnetic tape,or disks)and terminals.

Is a DFD an effective documentation technique for identifying who or what performs a particular task? Explain.

Operational inefficiencies occur because accounts common to many concurrent transactions need to be updated in real time.

Which system is not part of the expenditure cycle?

What are the reasons companies use coding schemes in their accounting information systems?

Real-time processing in systems that handle large volumes of transactions each day can create operational inefficiencies.

Which documentation technique depicts relationship between business entities in databases?

Give a brief description of each of the following documentation techniques: systems flowchart and program flowchart.

Which document is not a type of source document?

______________________________________ are the two data processing approaches used in modern systems.

What is a ledger?

In one sentence,what does updating a master file record involve?

The Information System: an Accountants Perspective

Ethics,fraud,and Internal Control

The Revenue Cycle

The Expenditure Cycle Part I: Purchases and Cash Disbursements Procedures

The Expenditure Cycle Part II: Payroll Processing and Fixed Asset Procedures

The Conversion Cycle

Financial Reporting,and Management Reporting Systems

Database Management Systems

The Rea Approach to Business Process Modeling

Enterprise Resource Planning Systems

Electronic Commerce Systems

Managing the Systems Development Life Cycle

Auditing It Controls Part I: Sarbanes-Oxley and It Governance

Auditing It Controls Part II: Security and Access

Auditing It Controls Part III: Systems Development, program Changes, and Application Auditing

Filters

Exam 2: Introduction to Transaction Processing

Batch processing systems can store data on direct access storage devices.

The most significant characteristic of direct access files is access speed.

The portion of the monthly bill that the customer returns to the credit card company with the payment is an example of a turnaround document.

Why is the audit trail important?

Documents that are created at the beginning of the transaction are called __________________________.

Which of the following is an archive file?

What are the subsystems of the expenditure cycle?

A file that stores data used as a standard when processing transactions is

Program flowcharts depict the type of media being used (paper,magnetic tape,or disks)and terminals.

Is a DFD an effective documentation technique for identifying who or what performs a particular task? Explain.

Operational inefficiencies occur because accounts common to many concurrent transactions need to be updated in real time.

Which system is not part of the expenditure cycle?

What are the reasons companies use coding schemes in their accounting information systems?

Real-time processing in systems that handle large volumes of transactions each day can create operational inefficiencies.

Which documentation technique depicts relationship between business entities in databases?

Give a brief description of each of the following documentation techniques: systems flowchart and program flowchart.

Which document is not a type of source document?

______________________________________ are the two data processing approaches used in modern systems.

What is a ledger?

In one sentence,what does updating a master file record involve?

The Information System: an Accountants Perspective

Ethics,fraud,and Internal Control

The Revenue Cycle

The Expenditure Cycle Part I: Purchases and Cash Disbursements Procedures

The Expenditure Cycle Part II: Payroll Processing and Fixed Asset Procedures

The Conversion Cycle

Financial Reporting,and Management Reporting Systems

Database Management Systems

The Rea Approach to Business Process Modeling

Enterprise Resource Planning Systems

Electronic Commerce Systems

Managing the Systems Development Life Cycle

Auditing It Controls Part I: Sarbanes-Oxley and It Governance

Auditing It Controls Part II: Security and Access

Auditing It Controls Part III: Systems Development, program Changes, and Application Auditing

Filters