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Exam (elaborations)

ACC 350 Questions & Answers

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  • ACC 350

One aspect of usefulness of information is _____,which reduces uncertainty - ANSWERSRelevance Systems problems always occur when - ANSWERSobjective is not being met _____ is not organized in a meaningful way whereas _____ is organized to provide meaning. - ANSWERSdata; information Data inp...

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  • October 19, 2024
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ACC 350 Questions & Answers
One aspect of usefulness of information is _____,which reduces uncertainty -
ANSWERSRelevance

Systems problems always occur when - ANSWERSobjective is not being met

_____ is not organized in a meaningful way whereas _____ is organized to provide
meaning. - ANSWERSdata; information

Data input is generally classified based on the source and type of data. Identify whether
each item is either a source of data or a type of data. - ANSWERSInternal: Source
External: Source
Quantitative: Type
Qualitative: Type

Which of the following is one of the major components of an accounting information
system (AIS)? - ANSWERSPeople

____________ systems are known for their ability to integrate accounting and non-
financial information. - ANSWERSERP

Measuring customer satisfaction using a survey question "Please rate your experience
at Joe's Ristoranté on a scale of 1-10 with 1 being 'not satisfied at all' and 10 being 'very
satisfied,' is an example of - ANSWERSQuantitative

Which utilizes immediate posting of transaction data to master files? - ANSWERSReal
Time

Tracing transaction flow from creation to disposition is referred to as? - ANSWERS.

People who _____ information are just demonstrating the lowest level of systems
thinking. - ANSWERSRecall

Which of the following cycles involves the tracking of stock, borrowing transactions, and
fixed assets? - ANSWERSCapital/Investment

Which of the following is generally the first step in the accounting system analysis
phase? - ANSWERSGaining an understanding of the current system requirements.

Which of the following design principles requires minimizing effort and possible errors? -
ANSWERSEase of use

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