Question 1

The portion of the monthly bill from a credit card company is an example of a turn-around document.

Accepted Answer

A) True 
 B)False

Question 2

Which symbol represents a manual operation?

Accepted Answer

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

Question 3

Which symbol represents an on-page connector?

Accepted Answer

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

Question 4

Most organizations have replaced the general journal with a _______________________________.

Accepted Answer

journal vo

Question 5

Program flowcharts are used to describe the logic represented in system flowcharts.

Accepted Answer

A) True 
 B)False

Question 6

The order of the entries made in the general journal is by

Accepted Answer

A)  Date 
B)  account number 
C)  User 
D)  customer number 
A)  Date 
B)  account number 
C)  User 
D)  customer number

Question 7

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

Accepted Answer

A) True 
 B)False

Question 8

Which accounting application is least suited to batch processing?

Accepted Answer

A)  general ledger 
B)  vendor payments 
C)  sales order processing 
D)  payroll 
A)  general ledger 
B)  vendor payments 
C)  sales order processing 
D)  payroll

Question 9

Describe the key activities in the revenue, conversion, and expenditure cycles.

Accepted Answer

Revenue cycle: Sales order processing in

Question 10

A common use for sequential coding is

Accepted Answer

A)  creating the chart of accounts 
B)  identifying inventory items 
C)  identifying documents 
D)  identifying fixed assets 
A)  creating the chart of accounts 
B)  identifying inventory items 
C)  identifying documents 
D)  identifying fixed assets

Question 11

Which account is least likely to have a subsidiary ledger?

Accepted Answer

A)  sales 
B)  accounts receivable 
C)  fixed assets 
D)  inventory 
A)  sales 
B)  accounts receivable 
C)  fixed assets 
D)  inventory

Question 12

What is a ledger?

Accepted Answer

A ledger is a book of accounts

Question 13

Subsidiary ledgers are used in manual accounting environments. What file is comparable to a subsidiary ledger in a computerized environment?

Accepted Answer

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

Question 14

Give a specific example of a turn-around document.

Accepted Answer

credit card, electri

Question 15

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 16

Batch processing is best used when timely information is needed because this method processes data efficiently.

Accepted Answer

A) True 
 B)False

Question 17

Batch processing systems can store data on direct access storage devices.

Accepted Answer

A) True 
 B)False

Question 18

With regard to an entity relationship diagram, what is an entity?

Accepted Answer

Entities are physical resources (automob

Question 19

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

Accepted Answer

No. A DFD shows which tasks ar

Question 20

Program flowcharts depict the type of media being used (paper, magnetic tape, or disks) and terminals.

Accepted Answer

A) True 
 B)False

The portion of the monthly bill from a credit card company is an example of a turn-around document.

Which symbol represents a manual operation?

Which symbol represents an on-page connector?

Most organizations have replaced the general journal with a _______________________________.

Program flowcharts are used to describe the logic represented in system flowcharts.

The order of the entries made in the general journal is by

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

Which accounting application is least suited to batch processing?

Describe the key activities in the revenue, conversion, and expenditure cycles.

A common use for sequential coding is

Which account is least likely to have a subsidiary ledger?

What is a ledger?

Subsidiary ledgers are used in manual accounting environments. What file is comparable to a subsidiary ledger in a computerized environment?

Give a specific example of a turn-around document.

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

Batch processing is best used when timely information is needed because this method processes data efficiently.

Batch processing systems can store data on direct access storage devices.

With regard to an entity relationship diagram, what is an entity?

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

Program flowcharts depict the type of media being used (paper, magnetic tape, or disks) and terminals.

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

Construct, Deliver, and Maintain Systems Projects

IT Controls Part I: Sarbanes-Oxley and It Governance

IT Controls Part II: Security and Access

IT Controls Part III: Systems Development, Program Changes, and Application Controls

Filters

Exam 2: Introduction to Transaction Processing

The portion of the monthly bill from a credit card company is an example of a turn-around document.

Which symbol represents a manual operation?

Which symbol represents an on-page connector?

Most organizations have replaced the general journal with a _______________________________.

Program flowcharts are used to describe the logic represented in system flowcharts.

The order of the entries made in the general journal is by

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

Which accounting application is least suited to batch processing?

Describe the key activities in the revenue, conversion, and expenditure cycles.

A common use for sequential coding is

Which account is least likely to have a subsidiary ledger?

What is a ledger?

Subsidiary ledgers are used in manual accounting environments. What file is comparable to a subsidiary ledger in a computerized environment?

Give a specific example of a turn-around document.

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

Batch processing is best used when timely information is needed because this method processes data efficiently.

Batch processing systems can store data on direct access storage devices.

With regard to an entity relationship diagram, what is an entity?

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

Program flowcharts depict the type of media being used (paper, magnetic tape, or disks) and terminals.

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

Construct, Deliver, and Maintain Systems Projects

IT Controls Part I: Sarbanes-Oxley and It Governance

IT Controls Part II: Security and Access

IT Controls Part III: Systems Development, Program Changes, and Application Controls

Filters