Question 1

Analyzing the impact an accounting system will have on people should occur in which phase of the SDLC?

Accepted Answer

A) Deploy 
B) Design 
C) Analyze 
D) Planning 
A) Deploy 
B) Design 
C) Analyze 
D) Planning

Question 2

Spreadsheets containing data extracted from a relational database are called what?

Accepted Answer

A) Shadow data 
B) Ghost data 
C) Gray data 
D) Intelligent 
A) Shadow data 
B) Ghost data 
C) Gray data 
D) Intelligent

Question 3

Which transactions are related to the sales cycle?

Accepted Answer

A) Paying employees 
B) Selling items to customers 
C) Buying items from vendors 
D) None of the above 
A) Paying employees 
B) Selling items to customers 
C) Buying items from vendors 
D) None of the above

Question 4

When designing a database, which field would NOT belong in a table storing inventory information?

Accepted Answer

A) Cost 
B) Part Number 
C) Purchase Order 
D) Sale Price 
A) Cost 
B) Part Number 
C) Purchase Order 
D) Sale Price

Question 5

What are the three key factors to consider for a successful accounting system?

Accepted Answer

A) People, budget, and time 
B) Time, processes, and technology 
C) People, processes, and technology 
D) Processes, budget, and time 
A) People, budget, and time 
B) Time, processes, and technology 
C) People, processes, and technology 
D) Processes, budget, and time

Question 6

What are the three database essentials an accounting professional needs to know? Define and provide an example of each.

Accepted Answer

Field - A piece of information about eve

Question 7

Match the following enterprise system function with the correct definition.
-Processing

Accepted Answer

A) Summarizing information to generate documents and reports 
B) Sorting and storing information 
C) Capturing information to store in the system 
A) Summarizing information to generate documents and reports 
B) Sorting and storing information 
C) Capturing information to store in the system

Question 8

When looking at an accounting system using the aerial view, you see

Accepted Answer

A) Detailed information recorded in the accounting system 
B) Information available on the tax reports for the Internal Revenue Services and other tax agencies 
C) Accounting information available to internal users, primarily management 
D) An enterprise-wide view of an organization showing the entire accounting system 
A) Detailed information recorded in the accounting system 
B) Information available on the tax reports for the Internal Revenue Services and other tax agencies 
C) Accounting information available to internal users, primarily management 
D) An enterprise-wide view of an organization showing the entire accounting system

Question 9

Which of the following agents is internal to a company?

Accepted Answer

A) Customer 
B) Employee 
C) Vendor 
D) Investor 
A) Customer 
B) Employee 
C) Vendor 
D) Investor

Question 10

Match the following accounting cycles to the appropriate subsystems.
-Payroll Cycle

Accepted Answer

A) Operations/Production System 
B) Supply Chain Management 
C) Customer Relationship Management 
A) Operations/Production System 
B) Supply Chain Management 
C) Customer Relationship Management

Question 11

The staffing process occurs in which phase of the SDLC?

Accepted Answer

A) Build/Buy Phase 
B) Deploy Phase 
C) Analyze Phase 
D) Plan Phase 
A) Build/Buy Phase 
B) Deploy Phase 
C) Analyze Phase 
D) Plan Phase

Question 12

Which accounting software is designed for a large-scale company?

Accepted Answer

A) Oracle's PeopleSoft Enterprise 
B) SAP Business All-In-One 
C) Oracle's JD Edwards EnterpriseOne 
D) SAP Business One 
A) Oracle's PeopleSoft Enterprise 
B) SAP Business All-In-One 
C) Oracle's JD Edwards EnterpriseOne 
D) SAP Business One

Question 13

An integrated enterprise system allows different departments to use the same information.

Accepted Answer

A) True 
 B)False

Question 14

How are database tables connected in a relational database? How does this help prevent entering data multiple times? Please provide an example.

Accepted Answer

Database tables in a relational database

Question 15

Activities performed by various departments within a company are rarely interconnected.

Accepted Answer

A) True 
 B)False

Question 16

To record a payment for inventory delivered, the information would be entered in a screen that looks similar to which paper form?

Accepted Answer

A) Sales receipt 
B) Check 
C) Invoice 
D) Purchase order 
A) Sales receipt 
B) Check 
C) Invoice 
D) Purchase order

Question 17

What is the purpose of security and controls over information assets?

Accepted Answer

A) Security and controls are to prevent fraud, unauthorized access, modification, destruction, or disclosure of information assets. 
B) Security and controls are to prevent data analysis. 
C) Security and controls are to frustrate employees with legitimate need to access information assets. 
D) Security and controls are to ensure all the information assets are available to all employees. 
A) Security and controls are to prevent fraud, unauthorized access, modification, destruction, or disclosure of information assets. 
B) Security and controls are to prevent data analysis. 
C) Security and controls are to frustrate employees with legitimate need to access information assets. 
D) Security and controls are to ensure all the information assets are available to all employees.

Question 18

Match the following enterprise system function with the correct definition.
-Output

Accepted Answer

A) Summarizing information to generate documents and reports 
B) Sorting and storing information 
C) Capturing information to store in the system 
A) Summarizing information to generate documents and reports 
B) Sorting and storing information 
C) Capturing information to store in the system

Question 19

What is the difference between the aerial view and zoom view of an accounting system?

Accepted Answer

The aerial view of an accounting system

Question 20

What purpose of the processing function of an enterprise system?

Accepted Answer

A) Summarize information 
B) Capture information 
C) Generate reports 
D) Sort and store information 
A) Summarize information 
B) Capture information 
C) Generate reports 
D) Sort and store information

Analyzing the impact an accounting system will have on people should occur in which phase of the SDLC?

Spreadsheets containing data extracted from a relational database are called what?

Which transactions are related to the sales cycle?

When designing a database, which field would NOT belong in a table storing inventory information?

What are the three key factors to consider for a successful accounting system?

What are the three database essentials an accounting professional needs to know? Define and provide an example of each.

Match the following enterprise system function with the correct definition. -Processing

When looking at an accounting system using the aerial view, you see

Which of the following agents is internal to a company?

Match the following accounting cycles to the appropriate subsystems. -Payroll Cycle

The staffing process occurs in which phase of the SDLC?

Which accounting software is designed for a large-scale company?

An integrated enterprise system allows different departments to use the same information.

How are database tables connected in a relational database? How does this help prevent entering data multiple times? Please provide an example.

Activities performed by various departments within a company are rarely interconnected.

To record a payment for inventory delivered, the information would be entered in a screen that looks similar to which paper form?

What is the purpose of security and controls over information assets?

Match the following enterprise system function with the correct definition. -Output

What is the difference between the aerial view and zoom view of an accounting system?

What purpose of the processing function of an enterprise system?

Accounting Databases

Accounting Interface: Database Forms, Queries, and Reports

Accounting Systems and Business Processes

Business Processes: Purchasing, Sales, and Payroll Cycles

Integrated Enterprise Systems and Cloud Computing

Accounting and Business Intelligence

Accounting and Sustainability Intelligence

XBRL: Intelligent Business Reporting

Fraud and Internal Control

Cybersecurity

The Risk Intelligent Enterprise: Enterprise Risk Management

Accounting System Development

Database Design: ERD, REA, and SQL

Filters

Exam 1: Accounting Systems Insights

Analyzing the impact an accounting system will have on people should occur in which phase of the SDLC?

Spreadsheets containing data extracted from a relational database are called what?

Which transactions are related to the sales cycle?

When designing a database, which field would NOT belong in a table storing inventory information?

What are the three key factors to consider for a successful accounting system?

What are the three database essentials an accounting professional needs to know? Define and provide an example of each.

Match the following enterprise system function with the correct definition. -Processing

When looking at an accounting system using the aerial view, you see

Which of the following agents is internal to a company?

Match the following accounting cycles to the appropriate subsystems. -Payroll Cycle

The staffing process occurs in which phase of the SDLC?

Which accounting software is designed for a large-scale company?

An integrated enterprise system allows different departments to use the same information.

How are database tables connected in a relational database? How does this help prevent entering data multiple times? Please provide an example.

Activities performed by various departments within a company are rarely interconnected.

To record a payment for inventory delivered, the information would be entered in a screen that looks similar to which paper form?

What is the purpose of security and controls over information assets?

Match the following enterprise system function with the correct definition. -Output

What is the difference between the aerial view and zoom view of an accounting system?

What purpose of the processing function of an enterprise system?

Accounting Databases

Accounting Interface: Database Forms, Queries, and Reports

Accounting Systems and Business Processes

Business Processes: Purchasing, Sales, and Payroll Cycles

Integrated Enterprise Systems and Cloud Computing

Accounting and Business Intelligence

Accounting and Sustainability Intelligence

XBRL: Intelligent Business Reporting

Fraud and Internal Control

Cybersecurity

The Risk Intelligent Enterprise: Enterprise Risk Management

Accounting System Development

Database Design: ERD, REA, and SQL

Filters