transaction processing quiz

transaction processing quiz

University

15 Qs

quiz-placeholder

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transaction processing quiz

transaction processing quiz

Assessment

Quiz

English

University

Practice Problem

Medium

Created by

rejean galapin

Used 1+ times

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15 questions

Show all answers

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 BLANK QUESTION

1 min • 1 pt

Often used to denote certain types of special journal

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