Question 1

Only four symbols are used in data flow diagrams.What are they?

Accepted Answer

process,da

Question 2

If an organization processes large numbers of transactions that use common data records,what type of system would work best (all else being equal)?

Accepted Answer

Large-scale systems that process high vo

Question 3

What does an entity-relationship diagram represent? Why do accountants need to understand them?

Accepted Answer

Entity relationship diagrams represent t

Question 4

Auditors may prepare program flowcharts to verify the correctness of program logic.

Accepted Answer

A) True 
 B)False

Question 5

Explain when it is appropriate to use special journals.

Accepted Answer

Special journals are used to r

Question 6

Give one advantages of real-time data collection.

Accepted Answer

certain transaction

Question 7

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

Accepted Answer

A)  a lag occurs between the time of the economic event and when the transaction is recorded 
B)  relatively fewer hardware,programming,and training resources are required 
C)  a lesser resource commitment per unit of output is required 
D)  processing takes place when the economic event occurs 
A)  a lag occurs between the time of the economic event and when the transaction is recorded 
B)  relatively fewer hardware,programming,and training resources are required 
C)  a lesser resource commitment per unit of output is required 
D)  processing takes place when the economic event occurs

Question 8

Why might an auditor use a program flowchart?

Accepted Answer

When testing an application pr

Question 9

The block code is the coding scheme most appropriate for a chart of accounts.

Accepted Answer

A) True 
 B)False

Question 10

A common use for sequential coding is

Accepted Answer

A)  creating the chart of accounts 
B)  identifying inventory items 
C)  identifying documents 
D)  identifying fixed assets 
A)  creating the chart of accounts 
B)  identifying inventory items 
C)  identifying documents 
D)  identifying fixed assets

Question 11

The most important advantage of sequential coding is that

Accepted Answer

A)  missing or unrecorded documents can be identified 
B)  the code itself lacks informational content 
C)  items cannot be inserted 
D)  deletions affect the sequence 
A)  missing or unrecorded documents can be identified 
B)  the code itself lacks informational content 
C)  items cannot be inserted 
D)  deletions affect the sequence

Question 12

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

Accepted Answer

A) True 
 B)False

Question 13

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 14

Batch processing of non-critical accounts improves operational efficiency.

Accepted Answer

A) True 
 B)False

Question 15

Mnemonic codes are appropriate for items in either an ascending or descending sequence,such as the numbering of checks or source documents.

Accepted Answer

A) True 
 B)False

Question 16

System flowcharts

Accepted Answer

A)  depict logical tasks that are being performed,but not who is performing them 
B)  illustrate the relationship between database entities in systems. 
C)  represent relationships between key elements of both manual and computer systems. 
D)  describe the internal logic of computer applications in systems.. 
A)  depict logical tasks that are being performed,but not who is performing them 
B)  illustrate the relationship between database entities in systems. 
C)  represent relationships between key elements of both manual and computer systems. 
D)  describe the internal logic of computer applications in systems..

Question 17

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

Accepted Answer

Updating a master file record

Question 18

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 19

List a method of data processing that uses the destructive update approach?

Accepted Answer

batch method using d

Question 20

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

Only four symbols are used in data flow diagrams.What are they?

If an organization processes large numbers of transactions that use common data records,what type of system would work best (all else being equal)?

What does an entity-relationship diagram represent? Why do accountants need to understand them?

Auditors may prepare program flowcharts to verify the correctness of program logic.

Explain when it is appropriate to use special journals.

Give one advantages of real-time data collection.

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

Why might an auditor use a program flowchart?

The block code is the coding scheme most appropriate for a chart of accounts.

A common use for sequential coding is

The most important advantage of sequential coding is that

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

Which system is not part of the expenditure cycle?

Batch processing of non-critical accounts improves operational efficiency.

Mnemonic codes are appropriate for items in either an ascending or descending sequence,such as the numbering of checks or source documents.

System flowcharts

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

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

List a method of data processing that uses the destructive update approach?

Which account is least likely to have a subsidiary ledger?

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

General Ledger,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

Construct,deliver,and Maintain Systems Projects

IT Controls Part I: Sarbanes-Oxley and It Governance

IT Controls Part II: Security and Access

IT Controls Part III: Systems Development, program Changes, and Application Controls

Filters

Exam 2: Introduction to Transaction Processing

Only four symbols are used in data flow diagrams.What are they?

If an organization processes large numbers of transactions that use common data records,what type of system would work best (all else being equal)?

What does an entity-relationship diagram represent? Why do accountants need to understand them?

Auditors may prepare program flowcharts to verify the correctness of program logic.

Explain when it is appropriate to use special journals.

Give one advantages of real-time data collection.

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

Why might an auditor use a program flowchart?

The block code is the coding scheme most appropriate for a chart of accounts.

A common use for sequential coding is

The most important advantage of sequential coding is that

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

Which system is not part of the expenditure cycle?

Batch processing of non-critical accounts improves operational efficiency.

Mnemonic codes are appropriate for items in either an ascending or descending sequence,such as the numbering of checks or source documents.

System flowcharts

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

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

List a method of data processing that uses the destructive update approach?

Which account is least likely to have a subsidiary ledger?

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

General Ledger,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

Construct,deliver,and Maintain Systems Projects

IT Controls Part I: Sarbanes-Oxley and It Governance

IT Controls Part II: Security and Access

IT Controls Part III: Systems Development, program Changes, and Application Controls

Filters