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WorksheetsACIT group 4
Total questions: 10
Worksheet time: 5mins
Which department separates the checks and remittance advices?
MAIL ROOM
CASH RECEIPTS DEPARTMENT
ACCOUNTS RECEIVABLE DEPARTMENT
DATA PROCESSING DEPARTMENT
Under the POS system, inventory and record of sale is not recorded in real-time
TRUE
FALSE
This system exchanges goods directly for cash, check, ATM, or credit card on the time of transaction
Automated Cash Receipts Procedures
PC Based Accounting System
Point of Sale (POS) System
Solar System
Which department updates the accounts receivable subsidiary and the general ledger control accounts?
Mail Room
Accounts Receivable Department
Cash Receipts Department
Data Processing Department
Sarbanes-Oxley Legislation does not require organization management to implement certain controls that restrict unauthorized access
TRUE
FALSE
What PC Control issue requires a high degree of supervision, adequate management reports, and frequent independent verification.
Access Control
Accounting Records
Segregation of Duties
What is the design that is mostly used by PC systems?
Modular Design
Flow Chart Design
Graphic Design
Traditional Style
It was devised to expedite routine transactions between manufacturers and wholesalers and between wholesalers and retailers
Electronic Data Processing
Electronic Data Interchange
Internet
Electric Data Interchange
In POS systems, the authorization process involves validating credit card charges and establishing that the customer is the valid user of the card.
TRUE
FALSE
Under what control considerations for computer-based systems does Surveillance cameras and shop floor security personnel belong?
Authorization
Supervision
Access Control
Segregation of Duties
