Examen
Accounting Information Systems Quiz 14-17 questions & correct answers.
- Grado
- Institución
Accounting Information Systems Quiz 14-17 questions & correct answers.
[Mostrar más]Vista previa 1 fuera de 4 páginas
Vista previa 1 fuera de 4 páginas
Añadir al carrito
Añadir al carrito
Vendedor
Seguir
Professorkaylee
Vista previa del contenido
Accounting Information Systems Quiz14-17 questions & correct answers.
What is the common flow of data in the purchasing process? ANS - Ordering goods, receiving goods,
receiving invoice, and disbursing cash
In the context of the acquisition/payment process, the three-way match concept applies to which of the
following sets of documents? ANS - Receiving report, purchase order, vendor invoice
The primary purpose of the acquisition/payment process is to: ANS - Both obtain and pay for the
resources the organization needs.
Which of the following is the best example of a conflict of interest? ANS - RKH purchases 80% of its
inventory from a firm where RKH's purchasing agent is a stockholder
Which of the following describes the best physical control(s) over cash disbursements? ANS - Using pre-
numbered checks for all disbursements to vendors over $50
Which of the following is TRUE regarding the segregation of duties in the purchasing process? ANS - All
of the above are true regarding the segregation of duties in the purchasing process.
One output of the accounting information system is the statement of cash flows. Transactions
commonly associated with an organization's acquisition/payment process are most likely to be reflected
in which section of the statement of cash flows? ANS - Operating
As a form of internal control within the acquisition/payment process, internal auditors are most likely
to: ANS - Prevent or detect a problem.
Internal controls that address the risk of purchasing goods from inappropriate suppliers include: ANS -
Strategic alliances
Los beneficios de comprar resúmenes en Stuvia estan en línea:
Garantiza la calidad de los comentarios
Compradores de Stuvia evaluaron más de 700.000 resúmenes. Así estas seguro que compras los mejores documentos!
Compra fácil y rápido
Puedes pagar rápidamente y en una vez con iDeal, tarjeta de crédito o con tu crédito de Stuvia. Sin tener que hacerte miembro.
Enfócate en lo más importante
Tus compañeros escriben los resúmenes. Por eso tienes la seguridad que tienes un resumen actual y confiable. Así llegas a la conclusión rapidamente!
Preguntas frecuentes
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.
100% de satisfacción garantizada: ¿Cómo funciona?
Nuestra garantía de satisfacción le asegura que siempre encontrará un documento de estudio a tu medida. Tu rellenas un formulario y nuestro equipo de atención al cliente se encarga del resto.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Professorkaylee. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for $8.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
45,681 summaries were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now