Question 1

The primary input to the Transaction Processing System is

Accepted Answer

A)  a financial transaction 
B)  an accounting record 
C)  an accounting report 
D)  a nonfinancial transaction 
A)  a financial transaction 
B)  an accounting record 
C)  an accounting report 
D)  a nonfinancial transaction

Question 2

Which level of management is responsible for short-term planning and coordination of activities necessary to accomplish organizational objectives?

Accepted Answer

A)  operations management 
B)  middle management 
C)  top management 
D)  line management 
A)  operations management 
B)  middle management 
C)  top management 
D)  line management

Question 3

Location-independent sharingof data centers hosting IT servers over Yhe internet is called ______________________________.

Accepted Answer

The answer of Location-independent sharingof data centers hosting IT servers...

Question 4

A database is a collection of interconnected computers and communications devices that allows users to communicate,access data and applications,and share information and resources.

Accepted Answer

A) True 
 B)False

Question 5

Transaction processing systems convert non-financial transactions into financial transactions.

Accepted Answer

A) True 
 B)False

Question 6

Most of the inputs to the General Ledger System come from the Financial Reporting System.

Accepted Answer

A) True 
 B)False

Question 7

The __________________________ and __________________________ standards that characterize the AIS clearly distinguish it from the MIS.

Accepted Answer

The answer of The __________________________ and __________________________ standards that characterize...

Question 8

Why is it important to organizationally separate the accounting function from other functions of the organization?

Accepted Answer

The accounting function provides record-

Question 9

Data processing does not involve

Accepted Answer

A)  data control 
B)  computer operations 
C)  system maintenance 
D)  data conversion 
A)  data control 
B)  computer operations 
C)  system maintenance 
D)  data conversion

Question 10

The value of information for users is determined by all of the following but

Accepted Answer

A)  reliability 
B)  relevance 
C)  convenience 
D)  completeness 
A)  reliability 
B)  relevance 
C)  convenience 
D)  completeness

Question 11

All of the following are external end users except

Accepted Answer

A)  Cost accountants 
B)  Creditors 
C)  Stockholders 
D)  Tax authorities 
A)  Cost accountants 
B)  Creditors 
C)  Stockholders 
D)  Tax authorities

Question 12

The most basic element of useful data in the database is

Accepted Answer

A)  the record 
B)  the key 
C)  the file 
D)  the attribute 
A)  the record 
B)  the key 
C)  the file 
D)  the attribute

Question 13

Entities outside the organization with a direct or indirect interest in the firm,such as stockholders,financial institutions,and government agencies,are called ____________________.

Accepted Answer

The answer of Entities outside the organization with a direct...

Question 14

A potential benefit of cloud computing is that the client firm does not need to know where its data are bring processed.

Accepted Answer

A) True 
 B)False

Question 15

A balance sheet prepared in conformity with GAAP is an example of discretionary reporting.

Accepted Answer

A) True 
 B)False

Question 16

In a database,a complete set of attributes for a single occurrence of an entity class is called

Accepted Answer

A)  a key 
B)  a file 
C)  a record 
D)  a character 
A)  a key 
B)  a file 
C)  a record 
D)  a character

Question 17

The major difference between the Financial Reporting System (FRS)and the Management Reporting System (MRS)is the

Accepted Answer

A)  FRS provides information to internal and external users; the MRS provides information to internal users 
B)  FRS provides discretionary information; the MRS provides nondiscretionary information 
C)  FRS reports are prepared using information provided by the General Ledger System; the MRS provides information to the General Ledger System 
D)  FRS reports are prepared in flexible,nonstandardized formats; the MRS reports are prepared in standardized,formal formats 
A)  FRS provides information to internal and external users; the MRS provides information to internal users 
B)  FRS provides discretionary information; the MRS provides nondiscretionary information 
C)  FRS reports are prepared using information provided by the General Ledger System; the MRS provides information to the General Ledger System 
D)  FRS reports are prepared in flexible,nonstandardized formats; the MRS reports are prepared in standardized,formal formats

Question 18

Cloud computing is a practice in which the organization sells its IT resources to a third-party outsourcing vendor then leases back IT services from the vendor for a contract period.

Accepted Answer

A) True 
 B)False

Question 19

What is discretionary reporting?

Accepted Answer

Reports used by management tha

Question 20

Custom software is the most affordable systems development option.

Accepted Answer

A) True 
 B)False

The primary input to the Transaction Processing System is

Which level of management is responsible for short-term planning and coordination of activities necessary to accomplish organizational objectives?

Location-independent sharingof data centers hosting IT servers over Yhe internet is called ______________________________.

A database is a collection of interconnected computers and communications devices that allows users to communicate,access data and applications,and share information and resources.

Transaction processing systems convert non-financial transactions into financial transactions.

Most of the inputs to the General Ledger System come from the Financial Reporting System.

The and standards that characterize the AIS clearly distinguish it from the MIS.

Why is it important to organizationally separate the accounting function from other functions of the organization?

Data processing does not involve

The value of information for users is determined by all of the following but

All of the following are external end users except

The most basic element of useful data in the database is

Entities outside the organization with a direct or indirect interest in the firm,such as stockholders,financial institutions,and government agencies,are called ____________________.

A potential benefit of cloud computing is that the client firm does not need to know where its data are bring processed.

A balance sheet prepared in conformity with GAAP is an example of discretionary reporting.

In a database,a complete set of attributes for a single occurrence of an entity class is called

The major difference between the Financial Reporting System (FRS)and the Management Reporting System (MRS)is the

Cloud computing is a practice in which the organization sells its IT resources to a third-party outsourcing vendor then leases back IT services from the vendor for a contract period.

What is discretionary reporting?

Custom software is the most affordable systems development option.

Introduction to Transaction Processing

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 1: The Information System: an Accountants Perspective

The primary input to the Transaction Processing System is

Which level of management is responsible for short-term planning and coordination of activities necessary to accomplish organizational objectives?

Location-independent sharingof data centers hosting IT servers over Yhe internet is called ______________________________.

A database is a collection of interconnected computers and communications devices that allows users to communicate,access data and applications,and share information and resources.

Transaction processing systems convert non-financial transactions into financial transactions.

Most of the inputs to the General Ledger System come from the Financial Reporting System.

The __________________________ and __________________________ standards that characterize the AIS clearly distinguish it from the MIS.

Why is it important to organizationally separate the accounting function from other functions of the organization?

Data processing does not involve

The value of information for users is determined by all of the following but

All of the following are external end users except

The most basic element of useful data in the database is

Entities outside the organization with a direct or indirect interest in the firm,such as stockholders,financial institutions,and government agencies,are called ____________________.

A potential benefit of cloud computing is that the client firm does not need to know where its data are bring processed.

A balance sheet prepared in conformity with GAAP is an example of discretionary reporting.

In a database,a complete set of attributes for a single occurrence of an entity class is called

The major difference between the Financial Reporting System (FRS)and the Management Reporting System (MRS)is the

Cloud computing is a practice in which the organization sells its IT resources to a third-party outsourcing vendor then leases back IT services from the vendor for a contract period.

What is discretionary reporting?

Custom software is the most affordable systems development option.

Introduction to Transaction Processing

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

The and standards that characterize the AIS clearly distinguish it from the MIS.