Review multi choice chap 1, 2, 3 - Tài liệu tham khảo Accounting Information System (AIS23) | Đại học Hoa Sen

CHAPTER 1
1. A set of two or more interrelated components that interact to achieve a goal is: The
correct answer is: A system
2. Decisions about the effective and efficient execution of specific tasks are concerned
with The correct answer is: operational control.
3. Facts that are collected, recorded, stored and processed by an information system The correct answer is: Data
4. Humans can absorb and process only so much information. Information _____ The
correct answer is: overload
5. Information is The correct answer is: data that has been organized and processed so that it's meaningful
6. Information is The correct answer is: Data that have been organized and processed to provide meaning to a user.
7. Information that reduces uncertainty, improves decision makers' ability to make
predictions, or confirms or corrects their prior expectations, is said to be The correct answer is: Relevant
8. The benefit produced by the information minus the cost of producing it. The correct
answer is: Value of information
9. The primary objective of accounting is to The correct answer is: provide useful information to decision makers
10. Which activity below would not be considered to be a "top" accountant work activity?
The correct answer is: input into future product marketing initiatives CHAPTER 2
1. A chart of accounts is an example of (select all that apply) The correct answer is: b&c are correct
2. An agreement between two entities to exchange goods or services or any other event
that can be measured in economic terms by an organization is The correct answer is: transaction
3. Certain documents or forms are generated and/or processed with each transaction
cycle. The collection of job time tickets or time sheets is part of which transaction
cycle? The correct answers are: the human resources cycle, the expenditure cycle
4. Characteristics of interest that need to be stored are The correct answer is: attribute
5. Inventory items are often codes with these The correct answer is: group codes
6. Pre-numbered checks, invoices and purchase orders are examples of The correct
answer is: sequence codes
7. Regarding codes, which of the following is false? The correct answer is: Coding
systems need not be consistent across divisions of an organization.
8. Something about which information is stored is The correct answer is: entity
9. Source documents generally help to improve accuracy in transaction processing
because The correct answer is: All of the above are correct.
10. The basic "give and take" functions of a business have been grouped into transaction
cycles. The cycle that includes the events of hiring employees and paying them is
known as the The correct answer is: human resources cycle
11. The efficiency of recording numerous business transactions can be best improved by
the use of The correct answer is: specialized journals.
12. The operations performed on data to generate meaningful and relevant information
are referred to as The correct answer is: data processing cycle
13. Transaction cycles can be summarized on a high level as "give-get" transactions. An
example of "give-get" in the revenue cycle would be The correct answer is: give goods, get cash.
14. Which of the following is not a transaction cycle? The correct answer is: general ledger and reporting
15. Which step below is not considered to be part of the data processing cycle? The
correct answer is: feedback from external sources CHAPTER 3
1. A graphical representation of the flow of documents and information between
departments or areas of responsibility within an organization is calledThe correct
answer is: a document flowchart
2. An analytical technique that uses standard symbols to graphically represent an
information system in a clear, concise, and logical manner is called aThe correct answer is: Flowchart
3. An entity that sends or receives data used or produced by the system is called aThe
correct answer is: data sources and destinations
4. In a DFD, a circle represents The correct answer is: transformation processes.
5. One popular means of documenting a system is to develop diagrams, flowcharts,
tables, and other graphical representations of information. These are often
supplemented by The correct answer is: narrative descriptions
system works are collectively called The correct answer is: documentation
6. The graphic description of the flow of data within an organization is called a The
correct answer is: data flow diagram
7. The narratives, diagrams, charts, and other written materials that explain how a
8. The storage of data on a DFD is shown by The correct answer is: two horizontal lines
9. What should be the first thing the creator of a flowchart does before beginning a
flowchart?The correct answer is: understand the system to be flowcharted
10. Which is a true statement regarding the document flowchart?The correct answer is:
It is particularly useful in analyzing the adequacy of internal control procedures REVIEW C124
1. A change in the AIS that makes information more easily accessible and widely
available within an organization is most likely to first influence the organizational culture
2. A chart of accounts is an example of block codes and group code
3. A good example of how an AIS is used to share knowledge within an organization is:
the use of an expert system to help staff identify the relevant experts who can
help with a particular client
4. A typical source document could be a computer data entry screen
5. Accountants must try to protect the AIS from threats. Which of the following would
be a measure that should be taken? All of the answers are proper measures for the accountant to take
6. All transaction cycles feed information directly into the general ledger and reporting system
7. An agreement between two entities to exchange goods or services or any other event
that can be measured in economic terms by an organization is transaction
8. An AIS is a system of six interrelated components that interact to achieve a goal. One
of these components, which includes both manual and automated activities that
involve collecting, processing, and storing data, is known as Procedures and instructions
9. An audit trail provides the means to check the accuracy and validity of ledger postings
10. Certain documents or forms are generated and/or processed with each transaction
cycle. The issuing of a purchase order is part of which transaction cycle? the expenditure cycle
11. Computers store data by organizing smaller units of data into larger units, which have
meaning to users. Data values that are stored in a physical space are called a field
12. Data are facts entered, stored, and processed by an information system
13. Data must be collected about three facets of each business activity. What are they? the
business activity, the resources it affects, the people who participate
14. Duplicate checking of calculations is an example of a __________ control, and
adherence to appropriate procedures to resubmit rejected transactions is an example of
a __________ control detective; corrective
15. Goal conflict may result when A decision or action of a subsystem is inconsistent
with the system as a whole.
16. Groups of related business activities such as the acquisition of merchandise and
payment of vendors are called Transaction cycles
17. How many components are found in an AIS? 6
18. Information is data that has been organized and processed so that it's meaningful.
19. Internal control is often referred to as a(n) __________, because it permeates an
organization's operating activities and is an integral part of basic management activities. process
20. Inventory items are often codes with these block codes
21. Many modern accounting software packages offer separate transaction cycle modules.
What is the reason for this? ĐỀ SAI
22. Pre-numbered checks, invoices and purchase orders are examples of sequence codes
23. Regarding codes, which of the following is false? Coding systems need not be
consistent across divisions of an organization.
24. Something about which information is stored is: Entity
25. The basic "give and take" functions of a business have been grouped into transaction
cycles. The cycle that includes the events of hiring employees and paying them is
known as the: human resources cycle
26. The business owners obtain financing from outside investors, which results in an
inflow of cash into the company. This transaction is considered to be part of which
cycle? the financing cycle
27. The risk that remains after management implements internal controls is Residual risk
28. There are different types of internal controls available to an organization. The type of
controls that deters problems before they arise are called preventive controls.
29. Transaction cycles can be summarized on a high level as "give-get" transactions. An
example of "give-get" in the expenditure cycle would be: give cash, get goods
30. Transaction cycles can be summarized on a high level as "give-get" transactions. An
example of "give-get" in the revenue cycle would be give goods, get cash.
31. Which activity below would not be considered to be a "top" accountant work activity?
long-term strategic planning
32. Which of the following is not a transaction cycle? general ledger and reporting
33. Which of the following is not an example of a common activity in an AIS? recording
of sales calls for marketing purposes
34. Which of the following is not one of the four types of file processing altering REVIEW FINAL TEST
1. A company uses an invoice method whereby customers typically pay according to
each invoice. This is the __________ method. The correct answer is: open-invoice method
2. A change in the AIS that makes information more easily accessible and widely
available within an organization is most likely to first influence the The correct
answer is: organizational culture.
3. A chart of accounts is an example of The correct answer is: block codes and grouop code
4. A good example of how an AIS is used to share knowledge within an organization is:
The correct answer is: the use of an expert system to help staff identify the relevant
experts who can help with a particular client
5. A specialized journal The correct answer is: simplifies the process of recording large
numbers of repetitive transactions.
6. A typical source document could be The correct answer is: a computer data entry screen.
7. Accountants must try to protect the AIS from threats. Which of the following would
be a measure that should be taken? The correct answer is: All of the answers are
proper measures for the accountant to take
8. All transaction cycles feed information directly into the The correct answer is:
general ledger and reporting system.
9. An agreement between two entities to exchange goods or services or any other event
that can be measured in economic terms by an organization is The correct answer is: transaction
10. An AIS is a system of six interrelated components that interact to achieve a goal. One
of these components, which includes both manual and automated activities that
involve collecting, processing, and storing data, is known as The correct answer is: Procedures and instructions
11. An audit trail The correct answer is: provides the means to check the accuracy and validity of ledger postings
12. Certain documents or forms are generated and/or processed with each transaction
cycle. The issuing of a purchase order is part of which transaction cycle? The correct
answer is: the expenditure cycle
13. Computers store data by organizing smaller units of data into larger units, which have
meaning to users. Data values that are stored in a physical space are called a The
correct answer is: field.
14. Customer inquiries during the sales order process are best handled by The correct
answer is: a sales order and customer service person.
15. Customer, which of the following would indicate the amount due to the courier
company delivering their shipment? The correct answer is: packing slip
16. Data are The correct answer is: facts entered, stored, and processed by an information system.
17. Data must be collected about three facets of each business activity. What are they?
The correct answer is: the business activity, the resources it affects, the people who participate
18. Documents generated at the end of transaction processing activities are called The
correct answer is: operational documents
19. Duplicate checking of calculations is an example of a __________ control, and
adherence to appropriate procedures to resubmit rejected transactions is an example of
a __________ control The correct answer is: detective; corrective
20. For good internal control over customer remittances, the mailroom clerk should
separate the checks from the remittance advices and send the customer payments to
which department? The correct answer is: cashier
21. For good internal control, who should allow customers to exceed their credit limits?
The correct answer is: credit manager
22. Goal conflict may result when The correct answer is: A decision or action of a
subsystem is inconsistent with the system as a whole.
23. Groups of related business activities such as the acquisition of merchandise and
payment of vendors are called The correct answer is: Transaction cycles.
24. How is credit approval generally handled for well-established customers with a
documented payment history? The correct answer is: routine approval is usually granted
25. How many components are found in an AIS? The correct answer is: 6
26. In accounting terminology, the form that documents journal entry updates to the
general ledger is called The correct answer is: a journal voucher.
27. In the revenue cycle, a customer places an order for a certain product. Before the
order is checked for inventory availability, what step should be taken? The correct
answer is: The customer's credit should be checked for a sale on account.
28. Information is The correct answer is: data that has been organized and processed so that it's meaningful.
29. Internal control is often referred to as a(n) __________, because it permeates an
organization's operating activities and is an integral part of basic management
activities. The correct answer is: process
30. Inventory items are often codes with these The correct answer is: group codes
31. Many modern accounting software packages offer separate transaction cycle modules.
What is the reason for this? The correct answer is: Every organization does not need
to implement all of the available transaction cycle modules.
32. Once a customer order has been approved, which document is produced next? The
correct answer is: the packing slip
33. Pre-numbered checks, invoices and purchase orders are examples of The correct
answer is: sequence codes
34. Regarding codes, which of the following is false? The correct answer is: Coding
systems need not be consistent across divisions of an organization.
35. Some information will have to be collected from __________ sources to determine,
for example, customer satisfaction. The correct answer is: External
36. Something about which information is stored is: The correct answer is: Entity
37. The __________ is a legal contract that defines responsibility for the goods that are in
transit The correct answer is: bill of lading
38. The basic "give and take" functions of a business have been grouped into transaction
cycles. The cycle that includes the events of hiring employees and paying them is
known as the: The correct answer is: human resources cycle
39. The business owners obtain financing from outside investors, which results in an
inflow of cash into the company. This transaction is considered to be part of which
cycle? The correct answer is: the financing cycle
40. The credit manager reports to the __________ and the treasurer reports to the
__________. The correct answer is: treasurer; vice president of finance
41. The maximum allowable account balance for a given customer is called the The
correct answer is: credit limit.
42. The risk that remains after management implements internal controls is The correct
answer is: Residual risk
43. The set of fields that contain data about various attributes of the same entity forms a
The correct answer is: record.
44. The systematic assignment of numbers or letters to items to classify and organize
them is known as The correct answer is: coding
45. There are different types of internal controls available to an organization. The type of
controls that deters problems before they arise are called The correct answer is: preventive controls.
46. Transaction cycles can be summarized on a high level as "give-get" transactions. An
example of "give-get" in the revenue cycle would be The correct answer is: give goods, get cash.
47. Transaction cycles can be summarized on a high level as "give-get" transactions. An
example of "give-get" in the expenditure cycle would be: The correct answer is: give cash, get goods
48. What is the primary objective of the revenue cycle The correct answer is: to provide
the right product in the right place at the right time at the right price
49. Which activity below would not be considered to be a "top" accountant work activity?
The correct answer is: input into future product marketing initiatives
50. Which document is used to authorize the release of merchandise from inventory
control (warehouse) to shipping The correct answer is: picking ticket
51. Which of the activities listed below is not part of the revenue cycle? The correct
answer is: general ledger
52. Which of the following is not a transaction cycle? The correct answer is: general ledger and reporting
53. Which of the following is not an example of a common activity in an AIS? The
correct answer is: recording of sales calls for marketing purposes
54. Which of the following is not one of the four types of file processing The correct answer is: altering REVIEW C5
In the revenue cycle, a customer places an order for a certain product. Before the order
is checked for inventory availability, what step should be taken?
a.The customer's credit should be checked for a sale on account.
b.The sales order should be created and written to a file.
c.A picking list should be generated for the warehouse.
d.Shipping should be notified of an order in process.
How is credit approval generally handled for well-established customers with a
documented payment history?
a.routine approval is usually granted
b.a formal credit check is made for each sale
c.specific authorization by the credit manager
d.a new credit application is taken
Some information will have to be collected from __________ sources to determine, for
example, customer satisfaction. a.internal b.regulator c.External d.competitive
The credit manager reports to the __________ and the treasurer reports to the __________.
a.treasurer; vice president of finance b.treasurer; controller
c.controller; vice president of finance
d.marketing manager; vice president of finance
Customer, which of the following would indicate the amount due to the courier
company delivering their shipment? a.picking ticket b.packing slip c.freight bill d.bill of lading
Which of the activities listed below is not part of the revenue cycle? a.cash collections b.billing c.sales order entry d.general ledger
For good internal control over customer remittances, the mailroom clerk should separate the checks fr
om the remittance advices and send the customer payments to which department? a.sales b.accounts receivable c.billing d.cashier
Customer inquiries during the sales order process are best handled by a.the credit manager. b.accounting personnel.
c.a sales order and customer service person.
d.a sales order and customer service person & the credit manager.
A company uses an invoice method whereby customers typically pay according to each
invoice. This is the __________ method. a.open-invoice method b.cycle billing c.monthly statement. d.balance-forward method.
Once a customer order has been approved, which document is produced next? a.the sales invoice b.the remittance advice c.the purchase order d.the packing slip
The __________ is a legal contract that defines responsibility for the goods that are in transit a.sales order b.freight bill c.order acknowledgement d.bill of lading
Which document is used to authorize the release of merchandise from inventory control (warehouse) to shipping a.packing slip b.shipping order c.picking ticket d.sales invoice
The maximum allowable account balance for a given customer is called the a.credit limit. b.credit checkpoint. c.reorder point d.backorder point.
For good internal control, who should allow customers to exceed their credit limits? a.automated system b.sales order entry clerk c.credit manager
d.specialized sales representative
What is the primary objective of the revenue cycle
a.to provide the right product in the right place at the right time at the right price
b.to maximize revenue and minimize expense
c.to sell as much product as possible and/or to maximize service billings
d.to reduce outstanding accounts receivable balances through increased cash sales