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AIS Final Questions and Answers

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AIS Final Questions and Answers What is the primary purpose of an Accounting Information System (AIS)? Collecting, storing, and processing financial data Which of the following is NOT a component of AIS? Animals How do AIS and MIS differ? AIS is a subset of MIS. Who are t...

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  • August 4, 2024
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • ais final questions and answers
  • what is the primary purpose of an accounting infor
  • which of the following is not a component of ais
  • how do ais and mis differ ais is a subset of mis

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AIS Final Questions and Answers
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What is the primary purpose of an Accounting Information System (AIS)? - answer
Collecting, storing, and processing financial data

Which of the following is NOT a component of AIS? - answer Animals

How do AIS and MIS differ? - answer AIS is a subset of MIS.

Who are the primary users of AIS? - answer Accountants and financial managers

What does the TPS in an AIS usually stand for? - answer Transaction Processing
System

Which of the following best defines data in AIS? - answer Raw facts and figures

What is the primary output of an AIS? - answer Financial statements

What are source documents in AIS? - answer The original records of transactions

Which of the following is typically a part of AIS security? - answer All of the above

What role does the General Ledger play in AIS? - answer Summarizing transactional
data

What is the primary output document of the Order-to-Cash process? - answer Sales
Invoice

Which of the following is NOT a part of the Procure-to-Pay business process? - answer
Customer acquisition

What document initiates the Procure-to-Pay process? - answer Purchase Order

In the Order-to-Cash process, what activity typically follows order creation? - answer
Order Fulfillment

What type of document is typically used to record internal labor costs? - answer
Time Sheet

In Business Process Management, which document is crucial for defining the 'as-is'
state of a process? - answer Process Map

, What document serves as a legal obligation and is usually involved in the Order-to-
Cash process? - answer Sales Contract

In the Procure-to-Pay process, which activity serves as a check and balance against the
initial purchase order? - answer Three-way Match

Which document typically outlines the detailed specifications of a product or service? -
answer Request for Proposal (RFP)

What type of control would be described as a reconciliation of an account payable
ledger? - answer Detective Control

Which documentation technique graphically represents the logic in a system? - answer
Flowcharts

What does a DFD (Data Flow Diagram) primarily represent? - answer Flow of Data

Which technique is best for documenting a series of events over time? - answer
Gantt Chart

Which of the following documentation methods is textual? - answer Narratives

Which of the following elements is NOT typically represented in a DFD? - answer
Programming code

What does a system flowchart typically NOT include? - answer Market Trends

Which technique provides a detailed description of a system's inputs, processes,
outputs, and data stores? - answer DFD

Which documentation technique is used for representing database relationships? -
answer ERD

Which of the following is NOT an advantage of using flowcharts? - answer Textual
Detail

Which technique visually represents the sequence of steps in a process? - answer
Flowchart

What is a database? - answer A collection of interrelated data

Which of the following is a column in a database table? - answer Attribute

What is Data Warehousing? - answer A system used for reporting and data analysis

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