Question 1

What are the subsystems of the revenue cycle?

Accepted Answer

sales orde

Question 2

The type of transaction most suitable for batch processing is

Accepted Answer

A) airline reservations 
B) credit authorization 
C) payroll processing 
D) adjustments to perpetual inventory 
A) airline reservations 
B) credit authorization 
C) payroll processing 
D) adjustments to perpetual inventory

Question 3

For a given field size,a system that uses alphabetic codes can represent far more situations than a system with that uses numeric codes.

Accepted Answer

A) True 
 B)False

Question 4

What factor influences the decision to employ real-time data collection with batch updating rather that purely real-time processing? Explain.

Accepted Answer

Transaction volume is the key factor.Lar

Question 5

Which symbol represents a manual operation?

Accepted Answer

A)    
B)    
C)    
D)    
A)    
B)    
C)    
D)

Question 6

In contrast to a real-time system,in a batch processing system

Accepted Answer

A) there is a lag between the time when the economic event occurs and the financial records are updated 
B) relatively more resources are required 
C) a greater resource commitment per unit of output is required 
D) processing takes place when the economic event occurs 
A) there is a lag between the time when the economic event occurs and the financial records are updated 
B) relatively more resources are required 
C) a greater resource commitment per unit of output is required 
D) processing takes place when the economic event occurs

Question 7

The characteristics that distinguish between batch and real-time systems include all of the following except

Accepted Answer

A) time frame 
B) resources used 
C) file format 
D) efficiency of processing 
A) time frame 
B) resources used 
C) file format 
D) efficiency of processing

Question 8

What are the two broad classes of file technologies?

Accepted Answer

Flat files

Question 9

A(n)________ structure employs an algorithm that converts the primary key of a record directly into a storage address.

Accepted Answer

A) hashing 
B) indexed 
C) pointer 
D) sequential 
A) hashing 
B) indexed 
C) pointer 
D) sequential

Question 10

When a firm wants its coding system to convey meaning without reference to any other document,it would choose

Accepted Answer

A) an alphabetic code 
B) a mnemonic code 
C) a group code 
D) a block code 
A) an alphabetic code 
B) a mnemonic code 
C) a group code 
D) a block code

Question 11

Name four documentation techniques.

Accepted Answer

entity relationship

Question 12

Explain two types of coding schemes and give examples of their use.

Accepted Answer

Sequential codes represent items in some

Question 13

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

Accepted Answer

A) True 
 B)False

Question 14

With regard to an entity relationship diagram,what is an entity?

Accepted Answer

Entities are physical resources (automob

Question 15

Give an example of how cardinality relates to business policy.

Accepted Answer

Cardinality reflects normal business rul

Question 16

Describe the key activities in the revenue,conversion,and expenditure cycles.

Accepted Answer

Revenue cycle: Sales order processing in

Question 17

A journal is used in manual accounting environments.What file is comparable to a journal in a computerized environment?

Accepted Answer

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

Question 18

Which account is least likely to have a subsidiary ledger?

Accepted Answer

A) sales 
B) accounts receivable 
C) fixed assets 
D) inventory 
A) sales 
B) accounts receivable 
C) fixed assets 
D) inventory

Question 19

Batch processing of accounts common to many concurrent transactions reduces operational efficiency.

Accepted Answer

A) True 
 B)False

Question 20

What information is provided by a record layout diagram?

Accepted Answer

Record layout diagrams are used to revea

What are the subsystems of the revenue cycle?

The type of transaction most suitable for batch processing is

For a given field size,a system that uses alphabetic codes can represent far more situations than a system with that uses numeric codes.

What factor influences the decision to employ real-time data collection with batch updating rather that purely real-time processing? Explain.

Which symbol represents a manual operation?

In contrast to a real-time system,in a batch processing system

The characteristics that distinguish between batch and real-time systems include all of the following except

What are the two broad classes of file technologies?

A(n)________ structure employs an algorithm that converts the primary key of a record directly into a storage address.

When a firm wants its coding system to convey meaning without reference to any other document,it would choose

Name four documentation techniques.

Explain two types of coding schemes and give examples of their use.

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

With regard to an entity relationship diagram,what is an entity?

Give an example of how cardinality relates to business policy.

Describe the key activities in the revenue,conversion,and expenditure cycles.

A journal is used in manual accounting environments.What file is comparable to a journal in a computerized environment?

Which account is least likely to have a subsidiary ledger?

Batch processing of accounts common to many concurrent transactions reduces operational efficiency.

What information is provided by a record layout diagram?

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

What are the subsystems of the revenue cycle?

The type of transaction most suitable for batch processing is

For a given field size,a system that uses alphabetic codes can represent far more situations than a system with that uses numeric codes.

What factor influences the decision to employ real-time data collection with batch updating rather that purely real-time processing? Explain.

Which symbol represents a manual operation?

In contrast to a real-time system,in a batch processing system

The characteristics that distinguish between batch and real-time systems include all of the following except

What are the two broad classes of file technologies?

A(n)________ structure employs an algorithm that converts the primary key of a record directly into a storage address.

When a firm wants its coding system to convey meaning without reference to any other document,it would choose

Name four documentation techniques.

Explain two types of coding schemes and give examples of their use.

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

With regard to an entity relationship diagram,what is an entity?

Give an example of how cardinality relates to business policy.

Describe the key activities in the revenue,conversion,and expenditure cycles.

A journal is used in manual accounting environments.What file is comparable to a journal in a computerized environment?

Which account is least likely to have a subsidiary ledger?

Batch processing of accounts common to many concurrent transactions reduces operational efficiency.

What information is provided by a record layout diagram?

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