Question 1

The flat-file approach is most often associated with so-called legacy systems.

Accepted Answer

A) True 
 B)False

Question 2

Operational efficiencies can be improved by

Accepted Answer

A) updating accounts both common and unique to many concurrent transactions in real time 
B) updating accounts both common and unique to many concurrent transactions in batch mode 
C) updating accounts unique to many concurrent transactions in real time and updating common accounts in batch mode 
D) none of the above 
A) updating accounts both common and unique to many concurrent transactions in real time 
B) updating accounts both common and unique to many concurrent transactions in batch mode 
C) updating accounts unique to many concurrent transactions in real time and updating common accounts in batch mode 
D) none of the above

Question 3

An inverted triangle with the letter "N" represents a file in "name" order.

Accepted Answer

A) True 
 B)False

Question 4

The block code is the coding scheme most appropriate for a chart of accounts.

Accepted Answer

A) True 
 B)False

Question 5

Which symbol represents a document?

Accepted Answer

A)    
B)    
C)    
D)    
A)    
B)    
C)    
D)

Question 6

Selecting a specific record from a master file containing millions of records requires a direct access file environment.

Accepted Answer

A) True 
 B)False

Question 7

Resource use is one characteristic used to distinguish between batch and real-time systems.Explain.

Accepted Answer

Batch processing typically requires the

Question 8

Explain when it is appropriate to use special journals.

Accepted Answer

Special journals are used to r

Question 9

In a computerized environment,a list of authorized suppliers would be found in the

Accepted Answer

A) master file 
B) transaction file 
C) reference file 
D) archive file 
A) master file 
B) transaction file 
C) reference file 
D) archive file

Question 10

For what purpose are ER diagrams used?

Accepted Answer

An entity relationship (ER)dia

Question 11

Both the revenue and the expenditure cycle can be viewed as having two key parts.These are

Accepted Answer

A) manual and computerized 
B) physical and financial 
C) input and output 
D) batch and real-time 
A) manual and computerized 
B) physical and financial 
C) input and output 
D) batch and real-time

Question 12

Why might an auditor use a program flowchart?

Accepted Answer

When testing an application pr

Question 13

Explain how a hashing structure works and why it is quicker than using an index.Give an example.If it so much faster,why isn't it used exclusively?

Accepted Answer

A hashing structure typically works by t

Question 14

Is a flowchart an effective documentation technique for identifying who or what performs a particular task? Explain.

Accepted Answer

Yes.A flowchart depi

Question 15

Which symbol represents an on-page connector?

Accepted Answer

A)    
B)    
C)    
D)    
A)    
B)    
C)    
D)

Question 16

Give one advantages of real-time data collection.

Accepted Answer

Certain transaction

Question 17

Sequential storage means

Accepted Answer

A) data is stored on tape 
B) access is achieved through an index 
C) access is direct 
D) reading record 100 requires first reading records 1 to 99 
A) data is stored on tape 
B) access is achieved through an index 
C) access is direct 
D) reading record 100 requires first reading records 1 to 99

Question 18

The coding scheme most appropriate for a chart of accounts is

Accepted Answer

A) sequential code 
B) block code 
C) group code 
D) mnemonic code 
A) sequential code 
B) block code 
C) group code 
D) mnemonic code

Question 19

All of the following can provide evidence of an economic event except

Accepted Answer

A) source document 
B) turnaround document 
C) master document 
D) product document 
A) source document 
B) turnaround document 
C) master document 
D) product document

Question 20

How are computer system flowcharts and program flowcharts related?

Accepted Answer

The system flowchart shows the relations

The flat-file approach is most often associated with so-called legacy systems.

Operational efficiencies can be improved by

An inverted triangle with the letter "N" represents a file in "name" order.

The block code is the coding scheme most appropriate for a chart of accounts.

Which symbol represents a document?

Selecting a specific record from a master file containing millions of records requires a direct access file environment.

Resource use is one characteristic used to distinguish between batch and real-time systems.Explain.

Explain when it is appropriate to use special journals.

In a computerized environment,a list of authorized suppliers would be found in the

For what purpose are ER diagrams used?

Both the revenue and the expenditure cycle can be viewed as having two key parts.These are

Why might an auditor use a program flowchart?

Explain how a hashing structure works and why it is quicker than using an index.Give an example.If it so much faster,why isn't it used exclusively?

Is a flowchart an effective documentation technique for identifying who or what performs a particular task? Explain.

Which symbol represents an on-page connector?

Give one advantages of real-time data collection.

Sequential storage means

The coding scheme most appropriate for a chart of accounts is

All of the following can provide evidence of an economic event except

How are computer system flowcharts and program flowcharts related?

The Information System: an Accountants Perspective

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

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

Auditing It Controls Part I: Sarbanes-Oxley and It Governance

Auditing It Controls Part II: Security and Access

Auditing It Controls Part III: Systems Development, program Changes, and Application Auditing

Filters

Exam 2: Introduction to Transaction Processing

The flat-file approach is most often associated with so-called legacy systems.

Operational efficiencies can be improved by

An inverted triangle with the letter "N" represents a file in "name" order.

The block code is the coding scheme most appropriate for a chart of accounts.

Which symbol represents a document?

Selecting a specific record from a master file containing millions of records requires a direct access file environment.

Resource use is one characteristic used to distinguish between batch and real-time systems.Explain.

Explain when it is appropriate to use special journals.

In a computerized environment,a list of authorized suppliers would be found in the

For what purpose are ER diagrams used?

Both the revenue and the expenditure cycle can be viewed as having two key parts.These are

Why might an auditor use a program flowchart?

Explain how a hashing structure works and why it is quicker than using an index.Give an example.If it so much faster,why isn't it used exclusively?

Is a flowchart an effective documentation technique for identifying who or what performs a particular task? Explain.

Which symbol represents an on-page connector?

Give one advantages of real-time data collection.

Sequential storage means

The coding scheme most appropriate for a chart of accounts is

All of the following can provide evidence of an economic event except

How are computer system flowcharts and program flowcharts related?

The Information System: an Accountants Perspective

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

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

Auditing It Controls Part I: Sarbanes-Oxley and It Governance

Auditing It Controls Part II: Security and Access

Auditing It Controls Part III: Systems Development, program Changes, and Application Auditing

Filters