TEST BANK FOR ACCOUNT-ING INFORMATION SYSTEMS 9TH EDITION JAMES A HALL
Chapter 2—Introduction to Transaction Processing
TRUE/FALSE
1. Processing more transactions at a lower unit cost makes batch processing more efficient than real-time
systems.
ANS: T PTS: 1
2. The process of acquiring raw...
TEST BANK FOR ACCOUNT-
ING INFORMATION SYSTEMS
9TH EDITION JAMES A HALL
,Chapter 2—Introduction to Transaction Processing
TRUE/FALSE
1. Processing more transactions at a lower unit cost makes batch processing more efficient than real-time
systems.
ANS: T PTS: 1
2. The process of acquiring raw materials is part of the conversion cycle.
ANS: F PTS: 1
3. Directing work-in-process through its various stages of manufacturing is part of the conversion cycle.
ANS: T PTS: 1
4. The portion of the monthly bill from a credit card company is an example of a turn-around document.
ANS: T PTS: 1
5. The general journal is used to record recurring transactions that are similar in nature.
ANS: F PTS: 1
6. Document flowcharts are used to represent systems at different levels of detail.
ANS: F PTS: 1
7. Data flow diagrams represent the physical system.
ANS: F PTS: 1
8. System flowcharts are often used to depict processes that are handled in batches.
ANS: T PTS: 1
9. Program flowcharts depict the type of media being used (paper, magnetic tape, or disks) and terminals.
ANS: F PTS: 1
10. System flowcharts represent the input sources, programs, and output products of a computer system.
ANS: T PTS: 1
, 11. Program flowcharts are used to describe the logic represented in system flowcharts.
ANS: T PTS: 1
12. Batch processing systems can store data on direct access storage devices.
ANS: T PTS: 1
13. Selecting a specific record from a master file containing millions of records requires a direct access file
environment.
ANS: T PTS: 1
14. The box symbol represents a temporary file.
ANS: F PTS: 1
15. Auditors may prepare program flowcharts to verify the correctness of program logic.
ANS: T PTS: 1
16. A control account is a general ledger account which is supported by a subsidiary ledger.
ANS: T PTS: 1
17. The most significant characteristic of direct access files is access speed.
ANS: T PTS: 1
18. Real time processing is used for routine transactions in large numbers.
ANS: F PTS: 1
19. Batch processing is best used when timely information is needed because this method processes data
efficiently.
ANS: F PTS: 1
20. An inverted triangle with the letter “N” represents a file in “name” order.
ANS: F PTS: 1
21. Real-time processing in systems that handle large volumes of transactions each day can create
operational inefficiencies.
ANS: T PTS: 1
22. Operational inefficiencies occur because accounts unique to many concurrent transactions need to be
updated in real time.
ANS: F PTS: 1
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller lectheavens. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £14.79. You're not tied to anything after your purchase.
