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Accounting Information Systems Exam 1 questions & answers.
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Accounting Information Systems Exam 1 questions & answers.
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Accounting Information Systems Exam 1questions & answers.
When a company receives returned goods from a customer, the business process to accept the return
would most likely be a(n):
Revenue process
Administrative process
Expenditure process
Conversion process ANS - Revenue Process
Which of the following is least likely to be an output of the accounting information system?
A bar code
A report
An invoice
A check ANS - A bar code
The correct order of the computer data hierarchy is:
Bit, byte, field, record, database, file
Byte, bit, record, field, file, database
Bit, byte, field, record, file, database
Bit, byte, record, field, file, database ANS - Bit, byte, field, record, file, database
An IT enabled system for purchasing that is an "invoice-less" system is called a(n):
Point of sale system
Automated matching system
, E-payables
Evaluated receipt settlement ANS - Evaluated receipt settlement
The COSO report written for the purpose of assisting managers in the challenge of managing risk in their
organization is entitled:
Enterprise Risk Management -- Integrated Framework
IT Governance Guidance
Internal Control -- Integrated Framework
Corporate Governance Guidance ANS - Internal Control -- Integrated Framework
Accountants have some form of use of the AIS in all but which role?
Designer
User
Auditor
Programmer ANS - Programmer
A prescribed sequence of work steps preformed in order to produce a desired result for the organization
is called a(n):
Accounting Information System
Financial Transaction
Capital Transaction Process
Business Process ANS - Business Process
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