Exam (elaborations)
PRE-ASSESSMENT: ACCOUNTING INFORMATION SYSTEMS (QNO1) (PQNO)
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PRE-ASSESSMENT: ACCOUNTING INFORMATION SYSTEMS (QNO1) (PQNO)
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PRE-ASSESSMENT: ACCOUNTINGINFORMATION SYSTEMS (QNO1)
(PQNO)
Whatooareootheooadvantagesooofoousingoodataoocodingooinooaccountingooinformationoosyst
ems?
A)ooProvidingooaoomeansooofooaccountabilityoooverootheooincompletenessooofootheootrans
actionsooprocessed
B)ooMisidentifyingoouniqueootransactionsooandooaccountsoowithinooaoofile
C)ooSupportingootheooauditoofunctionoobyooprovidingooanooineffectiveooauditootrail
D)ooConciselyoorepresentingoolargeooamountsooofoocomplexooinformationoothatoowouldooo
therwiseoobeoounmanageableoo-ooans--
✔✔D)ooConciselyoorepresentingoolargeooamountsooofoocomplexooinformationoothatoowoul
doootherwiseoobeoounmanageable
Howooisootheoodigitalooauditootrailoolikeootheoopaperooauditootrail?
A)ooTheoodigitalooauditootrailooisoounableootooocontactoocustomersooforooverification.
B)ooTheoodigitalooauditootrailoousesooonlyoohardoocopies.
C)ooTheoodigitalooauditootrailooallowsootransactionootracing.
D)ooTheoodigitalooauditootrailooisoounableootooofindooerrors.oo-ooans--
✔✔C)ooTheoodigitalooauditootrailooallowsootransactionootracing.
Whatoodoesooanooexternalooauditor'sooresponsibilityooinvolve?
A)ooEncouragingooincompleteoowork
B)ooHidingooinvalidooaccounts
C)ooCamouflagingooinstancesooofooinaccurateooreporting
D)ooDeterminingoovalidity,ooaccuracy,ooandoocompletenessoo-ooans--
✔✔D)ooDeterminingoovalidity,ooaccuracy,ooandoocompleteness
Whichootypeooofoodigitaloocomputeroofileoostoresoopayrollooprogramsooandoootheroodataoot
hatooareoousedooasoostandardsooforooprocessing?
A)ooMasteroofile
B)ooTransactionoofile
C)ooArchiveoofile
,D)ooReferenceoofileoo-ooans--✔✔D)ooReferenceoofile
Withoowhichoocycleoodoesootheoofixedooassetoosystemooshareoosomeoocharacteristics?
A)ooConversionoocycle
B)ooRevenueoocycle
C)ooDevelopmentoocycle
D)ooExpenditureoocycleoo-ooans--✔✔D)ooExpenditureoocycle
Whichoocompanyoocycleootransformsooorooconvertsooinputooresources;oosuchooasoorawoo
materials,oolabor,ooandoooverhead;oointooofinishedooproductsooorooservicesooforoosale?
A)ooExpenditureoocycleoo
B)ooRevenueoocycle
C)ooDevelopmentoocycle
D)ooConversionoocycleoo-ooans--✔✔D)ooConversionoocycle
Dataoocodingooinvolvesoocreatingoosimpleoonumericooorooalphabeticoocodesootooorepresen
toocomplexooeconomicoophenomenaoothatoofacilitateooefficientoodataooprocessing.ooWhich
ooproblemoodoesoodataoocodingoosolve?
A)ooItemsoosoldoocanoobeooproperlyooidentifiedooandooenteredooontooosourceoodocuments.
oo
B)ooAnooentryootakesooaoogreatoodealooofoorecordingoospace,ooisootime-
consumingootooorecord,ooandooisooproneootooomanyootypesooofooerrors.
C)ooPostingsootoooledgerooaccountsoorequireoominimaloosearchingoothroughootheoosubsidi
aryoofilesoousingoosmalloodescriptionsooasootheookey.
D)ooLocatingooandoopickingoogoodsooforooshipmentooisooefficient,ooandooshippingooerrorsoo
areoounlikely.oo-ooans--
✔✔B)ooAnooentryootakesooaoogreatoodealooofoorecordingoospace,ooisootime-
consumingootooorecord,ooandooisooproneootooomanyootypesooofooerrors.
Whichooinformationooflowoosupportsoopreparingootheoofinancialoostatementsooofooanooorga
nization?
A)ooExternaloohorizontal
B)ooInternaloohorizontal
C)ooExternalooverticaloo
D)ooInternalooverticaloo-ooans--✔✔D)ooInternaloovertical
Whatooisootheoorelationshipoobetweenootheootransactionooprocessingoosystemoo(TPS)ooan
dootheoogeneralooledgeroosystemoo(GLS)?
A)ooTheooGLSoocapturesooTPSootransactions.
B)ooDataoofromootheooTPSooareooinputooforootheooGLS.
C)ooDataoofromootheooGLSooareoosummarizedooinootheooTPS.
, D)ooTheooGLSooandooTPSoohaveoooperationaloointerdependency.oo-ooans--
✔✔B)ooDataoofromootheooTPSooareooinputooforootheooGLS.
Whichooaccountingooinformationoosystemoo(AIS)oocomponentooprovidesooinformationootoo
oexternaloousers?
A)ooGeneralooledgeroosystemoo(GLS)
B)ooFinancialooreportingoosystemoo(FRS)
C)ooManagementooinformationoosystemoo(MIS)
D)ooTransactionooprocessingoosystemoo(TPS)oo-ooans--
✔✔B)ooFinancialooreportingoosystemoo(FRS)
Usefulooinformationoohasootheoofollowingoocharacteristics:oorelevance,ootimeliness,ooaccu
racy,oocompleteness,ooandoosummarization.ooWhatoohappensooifootheooinformationooisooir
relevant?
A)ooTheoodecisionoomakerooreceivesoooutdatedooinformation.
B)ooTheoodecisionoomakerooanalyzesoomaterialooinformation.
C)ooTheoodecisionoomakerooreceivesooinaccurateooinformation.
D)ooTheoodecisionoomakeroowastesootimeooanalyzingootheooinformation.oo-ooans--
✔✔D)ooTheoodecisionoomakeroowastesootimeooanalyzingootheooinformation.
Aoogroceryoostoreooupdatesooitsooinventoryoolevelsooinootheooaccountingooinformationoosy
stemooinoorealootime.ooHowever,ootheoostoreoofrequentlyooreportsoopettyootheftooandoohaso
otroubleoolocatingooinventoryooonootheooshopoofloor.oo
Whichoocharacteristicooofoousefulooinformationooisoomissingoofromoothisooscenario?
A)ooTimely
B)ooReliable
C)ooComplete
D)ooRelevantoo-ooans--✔✔B)ooReliable
Whichoocomponentooofooanooinformationoosystemooisoousedootoooproduceooanoooperation
aloobudget?
A)ooTransactionooprocessingoosystemoo(TPS)
B)ooFinancialooreportingoosystemoo(FRS)
C)ooManagementooreportingoosystemoo(MRS)
D)ooGeneralooledgeroosystemoo(GLS)oo-ooans--
✔✔C)ooManagementooreportingoosystemoo(MRS)
Whyoowouldooanooorganizationoodecideootooobuyooaooturnkeyooinformationoosystemoo(IS)?
A)ooTheooorganizationoohasooanooin-houseooteamooofooqualifiedooITooprofessionals.
B)ooTheooorganizationoohasooaoogenerousoobudgetooandootimeline.
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