Question 1

The human resource management process is the same thing as the payroll process.

Accepted Answer

A) True 
 B)False

Question 2

With a job costing system it is not possible to keep track of costs for each item or group of items produced.

Accepted Answer

A) True 
 B)False

Question 3

Resource Management Process includes which of the following?

Accepted Answer

A) Human resource management and fixed asset management 
B) Human resource management,inventory management,and fixed asset management 
C) Human resource management only 
D) Personnel management,payroll management,and fixed asset management 
A) Human resource management and fixed asset management 
B) Human resource management,inventory management,and fixed asset management 
C) Human resource management only 
D) Personnel management,payroll management,and fixed asset management

Question 4

Business process reengineering efforts sometimes fail because:

Accepted Answer

A) Management gets too involved in the process 
B) Management is too optimistic regarding its expectations from its implementation 
C) Management support can never overcome employee resistance 
D) Employees will never accept change 
A) Management gets too involved in the process 
B) Management is too optimistic regarding its expectations from its implementation 
C) Management support can never overcome employee resistance 
D) Employees will never accept change

Question 5

The primary objective of the production process is to minimize the use of raw materials in the production process.

Accepted Answer

A) True 
 B)False

Question 6

Time and billing features in accounting software are important to engineering,legal,and accounting firms.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following is normally more important for a not-for-profit organization compared to a profit-oriented organization?

Accepted Answer

A) Long-range goals 
B) Earning an adequate level of income each accounting period 
C) Long-range budgetary planning and controlling system 
D) Short-range budgetary planning and controlling system 
A) Long-range goals 
B) Earning an adequate level of income each accounting period 
C) Long-range budgetary planning and controlling system 
D) Short-range budgetary planning and controlling system

Question 8

Job costing information systems are most appropriate for:

Accepted Answer

A) Home builders 
B) Textbook publishers 
C) Beverage companies 
D) both a and b are appropriate industries for job costing systems 
A) Home builders 
B) Textbook publishers 
C) Beverage companies 
D) both a and b are appropriate industries for job costing systems

Question 9

A cash budget is a primary output of the financing process.

Accepted Answer

A) True 
 B)False

Question 10

The production process begins with a request for raw materials and ends with the transfer of finished goods to warehouses.

Accepted Answer

A) True 
 B)False

Question 11

Deposit slips and remittance advices are examples of source documents associated with the financing process.

Accepted Answer

A) True 
 B)False

Question 12

The AIS for the health care industry is particularly complex due to third party billing.

Accepted Answer

A) True 
 B)False

Question 13

Lean manufacturing involves:

Accepted Answer

A) Decreasing production 
B) Using nonmonetary measures of performance 
C) Eliminating wasteful processes 
D) all of the above 
A) Decreasing production 
B) Using nonmonetary measures of performance 
C) Eliminating wasteful processes 
D) all of the above

Question 14

The production process is only present in service organizations.

Accepted Answer

A) True 
 B)False

Question 15

Which of the following is an example of a not-for-profit organization?

Accepted Answer

A) Consulting firm 
B) State university 
C) Public hospital 
D) both b and c are correct 
A) Consulting firm 
B) State university 
C) Public hospital 
D) both b and c are correct

Question 16

An organization's working capital consists of:

Accepted Answer

A) Its checking accounts 
B) Both checking and savings accounts 
C) Bank accounts and other liquid assets 
D) Coin and currency only 
A) Its checking accounts 
B) Both checking and savings accounts 
C) Bank accounts and other liquid assets 
D) Coin and currency only

Question 17

The bill of materials lists the types and quantities of parts needed to assemble each unit of product.

Accepted Answer

A) True 
 B)False

Question 18

According to the text,which of the following is an output of the human resource management process?

Accepted Answer

A) Retired employee roster 
B) List of training programs for employees 
C) Employee listings 
D) none of the above 
A) Retired employee roster 
B) List of training programs for employees 
C) Employee listings 
D) none of the above

Question 19

Which of the following technologies are now used in conjunction with automated production process systems to increase efficiencies?

Accepted Answer

A) Radio frequency technology 
B) Bar code scanners 
C) RFIDs and advanced electronic tags 
D) all of the above 
E) none of the above 
A) Radio frequency technology 
B) Bar code scanners 
C) RFIDs and advanced electronic tags 
D) all of the above 
E) none of the above

Question 20

The largest expense item on a manufacturing organization's income statement is most likely to be:

Accepted Answer

A) Salaries for production workers 
B) The depreciation associated with manufacturing equipment 
C) The cost of direct materials 
D) Cost of goods sold 
A) Salaries for production workers 
B) The depreciation associated with manufacturing equipment 
C) The cost of direct materials 
D) Cost of goods sold

The human resource management process is the same thing as the payroll process.

With a job costing system it is not possible to keep track of costs for each item or group of items produced.

Resource Management Process includes which of the following?

Business process reengineering efforts sometimes fail because:

The primary objective of the production process is to minimize the use of raw materials in the production process.

Time and billing features in accounting software are important to engineering,legal,and accounting firms.

Which of the following is normally more important for a not-for-profit organization compared to a profit-oriented organization?

Job costing information systems are most appropriate for:

A cash budget is a primary output of the financing process.

The production process begins with a request for raw materials and ends with the transfer of finished goods to warehouses.

Deposit slips and remittance advices are examples of source documents associated with the financing process.

The AIS for the health care industry is particularly complex due to third party billing.

Lean manufacturing involves:

The production process is only present in service organizations.

Which of the following is an example of a not-for-profit organization?

An organization's working capital consists of:

The bill of materials lists the types and quantities of parts needed to assemble each unit of product.

According to the text,which of the following is an output of the human resource management process?

Which of the following technologies are now used in conjunction with automated production process systems to increase efficiencies?

The largest expense item on a manufacturing organization's income statement is most likely to be:

Accounting Information Systems and the Accountant

Information Technology and Aiss

Data Modeling

Organizing and Manipulating the Data in Databases

Database Forms and Reports

Documenting Accounting Information Systems

Documenting Accounting Information Systems

Introduction to Internal Control Systems

Computer Controls for Organizations and Accounting Information Systems

Computer Crime,fraud,ethics,and Privacy

Information Technology Auditing

Developing and Implementing Effective Accounting Information Systems

Accounting on the Internet

Accounting on the Internet

Filters

Exam 8: Accounting Information Systems and Business Processes: Part II

The human resource management process is the same thing as the payroll process.

With a job costing system it is not possible to keep track of costs for each item or group of items produced.

Resource Management Process includes which of the following?

Business process reengineering efforts sometimes fail because:

The primary objective of the production process is to minimize the use of raw materials in the production process.

Time and billing features in accounting software are important to engineering,legal,and accounting firms.

Which of the following is normally more important for a not-for-profit organization compared to a profit-oriented organization?

Job costing information systems are most appropriate for:

A cash budget is a primary output of the financing process.

The production process begins with a request for raw materials and ends with the transfer of finished goods to warehouses.

Deposit slips and remittance advices are examples of source documents associated with the financing process.

The AIS for the health care industry is particularly complex due to third party billing.

Lean manufacturing involves:

The production process is only present in service organizations.

Which of the following is an example of a not-for-profit organization?

An organization's working capital consists of:

The bill of materials lists the types and quantities of parts needed to assemble each unit of product.

According to the text,which of the following is an output of the human resource management process?

Which of the following technologies are now used in conjunction with automated production process systems to increase efficiencies?

The largest expense item on a manufacturing organization's income statement is most likely to be:

Accounting Information Systems and the Accountant

Information Technology and Aiss

Data Modeling

Organizing and Manipulating the Data in Databases

Database Forms and Reports

Documenting Accounting Information Systems

Documenting Accounting Information Systems

Introduction to Internal Control Systems

Computer Controls for Organizations and Accounting Information Systems

Computer Crime,fraud,ethics,and Privacy

Information Technology Auditing

Developing and Implementing Effective Accounting Information Systems

Accounting on the Internet

Accounting on the Internet

Filters