Question 1

The collection of customer payment is part of which transaction cycle?

Accepted Answer

A) the revenue cycle 
B) the production cycle 
C) the human resources cycle 
D) the expenditure cycle 
A) the revenue cycle 
B) the production cycle 
C) the human resources cycle 
D) the expenditure cycle

Question 2

John Pablo works in the accounting department of a multinational manufacturing company.His job includes updating accounts receivable based on sales orders and remittance advices.His responsibilities are part of the company's

Accepted Answer

A) revenue cycle. 
B) expenditure cycle. 
C) financing cycle. 
D) production cycle. 
A) revenue cycle. 
B) expenditure cycle. 
C) financing cycle. 
D) production cycle.

Question 3

All of the following are ERP vendors except

Accepted Answer

A) Dell. 
B) SAP. 
C) Oracle. 
D) Microsoft. 
A) Dell. 
B) SAP. 
C) Oracle. 
D) Microsoft.

Question 4

What is a turnaround document? Provide at least one example of a turnaround document.

Accepted Answer

Turnaround documents are company output

Question 5

Which step below is not considered to be part of the data processing cycle?

Accepted Answer

A) data input 
B) feedback from external sources 
C) data storage 
D) data processing 
A) data input 
B) feedback from external sources 
C) data storage 
D) data processing

Question 6

What is the second step in the data processing cycle?

Accepted Answer

A) Input. 
B) Output. 
C) Storage. 
D) Processing. 
A) Input. 
B) Output. 
C) Storage. 
D) Processing.

Question 7

Which of the following statements about a master file is false?

Accepted Answer

A) A master file is conceptually similar to a ledger in a manual AIS. 
B) A master file's individual records are rarely,if ever,changed. 
C) A master file exists across fiscal periods. 
D) A master file stores cumulative information. 
A) A master file is conceptually similar to a ledger in a manual AIS. 
B) A master file's individual records are rarely,if ever,changed. 
C) A master file exists across fiscal periods. 
D) A master file stores cumulative information.

Question 8

Catarina Boards is a skateboard retailer located in Pueblo,New Mexico.Catarina Boards is a sole proprietorship that stocks an inventory of between 30 and 50 different skateboards.Inventory is updated in real time by the AIS.If Catarina wishes to keep detailed information about the purchase price of each skateboard in a place outside of the general ledger,it might use a

Accepted Answer

A) relational ledger. 
B) transaction file. 
C) master file. 
D) specific ledger. 
A) relational ledger. 
B) transaction file. 
C) master file. 
D) specific ledger.

Question 9

The data processing method used by FedEx to track packages is an example of

Accepted Answer

A) real-time processing. 
B) batch processing. 
C) online batch processing. 
D) real-time batch processing. 
A) real-time processing. 
B) batch processing. 
C) online batch processing. 
D) real-time batch processing.

Question 10

Issuing a purchase order is part of which transaction cycle?

Accepted Answer

A) the revenue cycle 
B) the expenditure cycle 
C) the human resources cycle 
D) the production cycle 
A) the revenue cycle 
B) the expenditure cycle 
C) the human resources cycle 
D) the production cycle

Question 11

Traditionally,accounting information systems have been used to collect,process,store and report non-financial information.

Accepted Answer

A) True 
 B)False

Question 12

Data must be collected about three facets of each business activity.What are they?

Accepted Answer

A) the business activity,the resources it affects,the people who participate 
B) the business activity,the transactions it creates,the impact on the financial statements 
C) the inputs,outputs and processes used 
D) who is involved,what was sold,how much was paid 
A) the business activity,the resources it affects,the people who participate 
B) the business activity,the transactions it creates,the impact on the financial statements 
C) the inputs,outputs and processes used 
D) who is involved,what was sold,how much was paid

Question 13

In an ERP system,the module used to record marketing data is called

Accepted Answer

A) marketing. 
B) advertising. 
C) customer relationship management. 
D) customer service. 
A) marketing. 
B) advertising. 
C) customer relationship management. 
D) customer service.

Question 14

Which of the following is conceptually similar to a journal in a manual AIS?

Accepted Answer

A) database 
B) master file 
C) record 
D) transaction file 
A) database 
B) master file 
C) record 
D) transaction file

Question 15

The coding technique most likely used for sales orders is

Accepted Answer

A) block code. 
B) group code. 
C) sequence code. 
D) data code. 
A) block code. 
B) group code. 
C) sequence code. 
D) data code.

Question 16

Which of the following statements is true?

Accepted Answer

A) Batch processing ensures that stored information is always current. 
B) Batch input is more accurate than on-line data entry. 
C) On-line batch processing is a combination of real-time and batch processing. 
D) Batch processing is not frequently used. 
A) Batch processing ensures that stored information is always current. 
B) Batch input is more accurate than on-line data entry. 
C) On-line batch processing is a combination of real-time and batch processing. 
D) Batch processing is not frequently used.

Question 17

Data processing includes all of the following except

Accepted Answer

A) verifying subsidiary ledger balances. 
B) changing customer addresses. 
C) removing inventory items no longer offered. 
D) adding the name of a new vendor. 
A) verifying subsidiary ledger balances. 
B) changing customer addresses. 
C) removing inventory items no longer offered. 
D) adding the name of a new vendor.

Question 18

Which of the following is not usually a consideration when designing a coding system?

Accepted Answer

A) government coding regulations 
B) standardization 
C) future expansion needs 
D) ease of reporting 
A) government coding regulations 
B) standardization 
C) future expansion needs 
D) ease of reporting

Question 19

What is the first step in the data processing cycle?

Accepted Answer

A) output 
B) storage 
C) processing 
D) input 
A) output 
B) storage 
C) processing 
D) input

Question 20

The general ledger

Accepted Answer

A) summarizes the information on the trial balance. 
B) is posted in total to the general journal. 
C) only includes balance sheet accounts. 
D) summarizes the transactions in journals. 
A) summarizes the information on the trial balance. 
B) is posted in total to the general journal. 
C) only includes balance sheet accounts. 
D) summarizes the transactions in journals.

Exam 2: Overview of Transaction Processing and Enterprise Resource Planning Systems

The collection of customer payment is part of which transaction cycle?

John Pablo works in the accounting department of a multinational manufacturing company.His job includes updating accounts receivable based on sales orders and remittance advices.His responsibilities are part of the company's

All of the following are ERP vendors except

What is a turnaround document? Provide at least one example of a turnaround document.

Which step below is not considered to be part of the data processing cycle?

What is the second step in the data processing cycle?

Which of the following statements about a master file is false?

The data processing method used by FedEx to track packages is an example of

Issuing a purchase order is part of which transaction cycle?

Traditionally,accounting information systems have been used to collect,process,store and report non-financial information.

Data must be collected about three facets of each business activity.What are they?

In an ERP system,the module used to record marketing data is called

Which of the following is conceptually similar to a journal in a manual AIS?

The coding technique most likely used for sales orders is

Which of the following statements is true?

Data processing includes all of the following except

Which of the following is not usually a consideration when designing a coding system?

What is the first step in the data processing cycle?

The general ledger

Conceptual Foundations of Accounting Information Systems

Systems Documentation Techniques

Relational Databases

Computer Fraud

Computer Fraud and Abuse Techniques

Control and Accounting Information Systems

Controls for Information Security

Confidentiality and Privacy Controls

Processing Integrity and Availability Controls

Auditing Computer-Based Information Systems

The Revenue Cycle: Sales to Cash Collections

The Expenditure Cycle: Purchasing to Cash Disbursements

The Production Cycle

The Human Resources Management and Payroll Cycle

General Ledger and Reporting System

Database Design Using the Rea Data Model

Implementing an Rea Model in a Relational Database

Special Topics in Rea Modeling

Introduction to Systems Development and Systems Analysis

Ais Development Strategies

Systems Design, implementation, and Operation

Filters