Exam (elaborations)
Accounting Systems Exam 1 (1).
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- 9.4.1 Transaction Processing Systems
Accounting Systems Exam 1 (1).
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Accounting Systems Exam 1The transaction processing system includes all of the following cycles except: - ANS-the
administrative cycle.
In the distributed data processing approach, - ANS-the computer service function is a
cost center.
The most basic element of useful data in the database is the: - ANS-attribute.
The goal of data processing is - ANS-the production of useful information.
In a database, a complete set of attributes for a single occurrence of an entity class is
called a: - ANS-record.
The major difference between the financial reporting system (FRS) and the
management reporting system (MRS) is the: - ANS-FRS provides information to internal
and external users; the MRS provides information to internal users.
The primary input to the transaction processing system is: - ANS-a financial transaction.
Which level of management is responsible for short-term planning and coordination of
activities necessary to accomplish organizational objectives? - ANS-Middle
Management
An internal audit department's independence is compromised when the department
reports to: - ANS-the company controller.
Useful information must possess all of the following characteristics except: -
ANS-precision.
Which subsystem is not part of the accounting information system? - ANS-Expert
System
Attestation services are performed by: - ANS-external auditors.
Database management tasks do not include: - ANS-summarization.
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