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Exam (elaborations)

AIS ACC300 Exam 1 Questions & Answers 2024/2025

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AIS ACC300 Exam 1 Questions & Answers 2024/2025 A prescribed sequence of work steps preformed in order to produce a desired result for the organization is called a(n): A. Accounting Information System B. Business Process C. Financial Transaction D. Capital Transaction Process - ANS...

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  • August 10, 2024
  • 31
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • AIS ACC300
  • AIS ACC300
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AIS ACC300 Exam 1 Questions &
Answers 2024/2025

A prescribed sequence of work steps preformed in order to produce a desired result for the organization
is called a(n):

A. Accounting Information System

B. Business Process

C. Financial Transaction

D. Capital Transaction Process - ANSWERSB



An accounting information system serves many functions which of the following is NOT one of those
functions?

A. Capture the details of a transaction

B. Implement the start of a transaction

C. Provide reports of transactions

D. Process the transactions details into appropriate accounts - ANSWERSB



Which of the following is not one of the general types of business processes identified by the textbook?

A. Revenue Processes

B. Expenditure Processes

C. Conversion Processes

D. Human Resource Processes - ANSWERSD



Which of the following is least likely to be part of an accounting information system function?

A. Record the accounting data in the appropriate records

B. Generation of data to be part of the information system.

C. Process the detailed accounting data.

D. Report the summarized accounting data. - ANSWERSB

,The entities, processes, and information flows that involve the movement of materials, funds, and
related information through the full logistics process, from the acquisition of raw materials to the
delivery of the finished produces to the end use is a set of linked activities referred to as:

A. Management Information System

B. Supply Chain

C. Accounting Information System

D. Logistics Management - ANSWERSB



When discussing the supply chain:

A. Any concern about vendors would relate only to those vendors with which a company has direct
contact.

B. Service providers would not be part of the supply chain.

C. Concern would not extend beyond the point where the product is shipped to a customer.

D. An entity may not be able to directly control all of the interrelated activities within the supply chain. -
ANSWERSD



The purposeful and organized changing of business processes to make them more efficient is referred to
as:

A. Information Technology Engineering

B. Information Systems Management

C. Business Process Reengineering

D. Business Process Supply Chain - ANSWERSC



The smallest unit of information in a computer system can have only one of two values, zero or one, and
is referred to as a(n):

A. Field

B. Record

C. Byte

D. Bit - ANSWERSD

,A set of related fields is referred to as a:

A. File

B. Record

C. Byte

D. Binary Digit - ANSWERSB



A collection of data stored on a computer in a form that allows the data to be easily accessed, retrieved,
manipulated, and stored is referred to as a(n):

A. Accounting Information System

B. Information Technology

C. Database

D. Master File - ANSWERSC



Accounting software traditionally uses two different types of files. The file type that is relatively
permanent and used to maintain the detailed data for each major process is a(n):

A. General Ledger

B. Master File

C. Transaction File

D. Subsidiary File - ANSWERSB



The chart of accounts would be a good example of a:

A. Transaction File

B. Master File

C. Field

D. Record - ANSWERSB



The organization of files in a computer system normally uses one of two different access methods. The
access method where the files are not stored in sequence, one record not stored immediately after
another, is referred to as:

A. Indexed Access

, B. Batch Access

C. Sequential Access

D. Random Access - ANSWERSD



There are two modes of processing transactions in accounting systems. The mode that will record
transactions, one at a time, is referred to as:

A. Batch Processing

B. Online Processing

C. Real Time Processing

D. Sequential Processing - ANSWERSB



An integrated collection of enterprise wide data that includes five to ten fiscal years of non-volatile data,
used to support management in decision making and planning is referred to as:

A. Operational Database

B. Relational Database

C. Data Storage

D. Data Warehouse - ANSWERSD



Two or more computers linked together to share information and / or resources is referred to as a(n):

A. Computer Intranet

B. Computer Internet

C. Computer System

D. Computer Network - ANSWERSD



The global computer network, or "information super highway", is the:

A. WAN

B. Intranet

C. Internet

D. LAN - ANSWERSC

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