Exam 1: The Information System: An Accountant’s Perspective

Which activity is not part of the finance function?

Why have re-engineering efforts been made to integrate AIS and MIS?

Three activities that are part of the finance function are __________________________,__________________________,and __________________________.

In a flat-file system,files are easily shared by users.

Distinguish between the centralized and distributed approaches to organizing the computer services function.

Advantages of distributed data processing include each of the following except

Transactions with trading partners include ____________________ and ____________________.

Disadvantages of the distributed data processing approach include all of the following except

Database management tasks do not include

Information lacking reliability may still have value.

The most commonly stated benefits of DDP are cost savings,increased user satisfaction,and improved operational efficiency.Explain.

The purpose of the Transaction Processing System includes all of the following except

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

All of the following are external end users except

Systems development represents 80 to 90 percent of the total cost of a computer system.

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

One of the greatest disadvantages of database systems is that all data is always available to all users.

When designing the data collection activity,which type of data should be avoided?

The single largest user of computer services is the personnel function.

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