Accounting Information Systems I
The point value for the Multiple Choice is 1 point per question each for a grand total of 20 points. If you have any questions please let me know.
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1. The “S” in the acronym “AIS” stands for: a) Standard b) System (X) c) Symbol d) none of these 2. Which of the following is true? a) An AIS must be computerized to be useful b) An AIS always produces useful information (X) c) An AIS always produces financial information (X) d) none of these 3. The letter “P” in the acronym “ERP” stands for: a) Production b) Planning (X) c) Project d) none of these 4. Which of the following is one of the five interacting components of an accounting information system? a) Fuzzy logic b) Testing c) Certification d) Procedures (X) e) Internet 5. Time cards, packing slips, reservation screens, and bank deposits screens best describes which of the following? a. Data transcription b. Point-of-sale devices c. Source documents (X) d. Turnaround documents e. Data transaction documents 6. When an individual prepares a document flowchart, the names of the various organizational departments involved in the accounting information system should be listed: a) Along the righthand margin of the flowchart b) Along the lefthand margin of the flowchart c) In the title of the flowchart d) In the column headings of the flowchart (X) 7. The document flowchart symbol for a manual file (such as a file cabinet of accounts receivable invoices) is: a) b) TRIANGLE c) d) 8. A general ledger:
Is a chronological listing of an organization’s transactions b) Is a listing of an organization’s transactions, organized by account (X) c) Does not include every account in an organization’s chart of accounts d) Is the same thing