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WorksheetsAccounting Information Systems Quiz
Total questions: 39
Worksheet time: 32mins
A set of two or more interrelated components that interact to achieve a goal is:
A system
An accounting information system
Data
Mandatory information
The order of the entries made in the general journal is by
date
account number
user
customer number
The objectives of all information systems include all of the following except
support for the stewardship function of management
evaluating transaction data
support for the day-to-day operations of the firm
support for management decision making
Facts that are collected, recorded, stored and processed by an information system
Information
Data
Systems
Mandatory information
The order of the entries made in the ledger is by
transaction number
account number
date
user
Document flowcharts
depict logical tasks that are being performed, but not who is performing them
illustrate the relationship between processes, and the documents that flow between them and trigger activities
represent relationships between key elements of the computer system
describe the logic of the process
Which accounting application is least suited for batch processing?
general ledger
vendor payments
sales order processing
payroll
Which system is not part of the expenditure cycle?
cash disbursements
payroll
production planning/control
purchases/accounts payable
Which symbol represents a decision?
Which is NOT an accountant's primary role in information systems?
system user
system auditor
system designer
system programmer
Humans can absorb and process only so much information. Information occurs when those limits are
overload
excess
anxiety
discretion
Which symbol represents a document?
Information is
What happens when the data exceeds the amount the human mind can absorb.
The benefit produced by the information minus the cost of producing it.
Facts that are collected, recorded, stored, and processed by an information system.
Data that have been organized and processed to provide meaning to a user.
Information is
basically the same as data.
raw facts about transactions.
potentially useful facts when processed in a timely manner.
data that have been organized and processed so that it's meaningful.
Advantages of a database system include all the following except
elimination of data redundancy
open access to all data by all users
single update for changes in data
confidence that all data is current
This results when a subsystem achieves its goals while contributing to the organization's overall goal.
Goal conflict
Goal congruence
Value of information
Systems congruence
A journal is used in manual accounting environments. What file is comparable to a journal in a computerized environment?
archive file
reference file
transaction file
master file
Auditors may prepare program flowcharts to verify the correctness of program logic.
True
False
Goal conflict may result when
A decision or action of a subsystem is inconsistent with the system as a whole.
A subsystem achieves its goals while contributing to the organization's overall goal.
Duplicate recording, storage and processes are eliminated.
The data exceeds the amount the human mind can absorb and process.
Operational efficiencies can be improved by
updating accounts both common and unique to many concurrent transactions in real time.
updating accounts both common and unique to many concurrent transactions in batch mode.
updating accounts unique to many concurrent transactions in real time and updating common accounts in batch mode.
None of the statements are true
All of the statements are true
Which symbol represents a data store?
The value of information can best be defined as
how useful it is to decision makers.
the benefits produced by possessing and using the information minus the cost of producing it.
how relevant it is.
the extent to which it maximizes the value chain.
Which symbol represents a magnetic tape (sequential storage device)?
Which account is least likely to have a subsidiary ledger?
sales
accounts receivable
fixed assets
inventory
Which of the following is a turn-around document?
remittance advice
sales order
purchase order
payroll check
Which system produces information used for inventory valuation, budgeting, cost control, performance reporting, and make-buy decisions?
sales order processing
purchases/accounts payable
cash disbursements
cost accounting
Real-time processing would be most beneficial in handling a firm's
fixed asset records
retained earning information
merchandise inventory
depreciation records
In a computerized environment, a list of authorized suppliers would be found in the
master file
transaction file
reference file
archive file
Accountants play many roles relating to the accounting information system, including all of the following except
system users
system designers
system auditors
system converters
Operational inefficiencies occur because
accounts both common and unique to many concurrent transactions need to be updated in real time.
accounts common to many concurrent transactions need to be updated in real time.
accounts unique to many concurrent transactions need to be updated in real time.
NONE of the statements are true
ALL of the statements are TRUE
Which of the following statements below shows the contrast between data and information?
Data is the output of an AIS.
Information is the primary output of an AIS.
Data is more useful in decision-making than information.
Data and information are the same.
Data flow diagrams
depict logical tasks that are being performed, but not who is performing them
illustrate the relationship between processes, and the documents that flow between them and trigger activities
represent relationships between key elements of the computer system
describe in detail the logic of the process
Subsidiary ledgers are used in manual accounting environments. What file is comparable to a subsidiary ledger in a computerized environment?
archive file
reference file
transaction file
master file
The objectives of an information system include each of the following except
support for the stewardship responsibilities of management
furthering the financial interests of shareholders
support for management decision making
support for the firm's day-to-day operations
Which accounting application is best suited for batch processing?
general ledger
vendor payments
sales order processing
payroll
Which type of graphical documentation represents systems at different levels of detail?
data flow diagram
document flowchart
system flowchart
program flowchart
In general, a special journal would not be used to record
sales
cash disbursements
depreciation
purchases
Data are
facts entered, stored, and processed by an information system.
processed output that is useful to decision makers.
another word for information.
quantitative facts that are not qualitative by nature
Which symbol represents accounting records
