transaction processing quiz
Authored by rejean galapin
English
University
Used 1+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Business begin with acquisition of materials, property, and labor in exchange of cash.
conversion cycle
revenue cycle
expenditure cycle
transaction cycle
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Involves processing cash sales, and receipt of cash following a credits sales.
conversion cycle
revenue cycle
expenditure cycle
transaction cycle
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Known as traditional record
manual system
documents
product
source document
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Provides evidence of an economic event and used to initiate transaction processing.
manual system
documents
product
source document
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A product documents of one system that become source document for another systems.
manual system
documents
Turnaround documents
source document
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
types of journal
entry, general journal, note journal
note journal,
register, special journal
general journal, special journal, register
spec journal, register, general journal
7.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
Often used to denote certain types of special journal
(a)
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