Question 1

Provide a specific example of a general ledger account and a corresponding subsidiary ledger.

Accepted Answer

accounts receivable control account and ...

Question 2

A control account is a general ledger account which is supported by a subsidiary ledger.

Accepted Answer

A) True 
 B)False

Question 3

Data flow diagrams

Accepted Answer

A)  depict logical tasks that are being performed, but not who is performing them
B)  illustrate the relationship between processes, and the documents that flow between them and trigger activities
C)  represent relationships between key elements of the computer system
D)  describe in detail the logic of the process

Question 4

Most organizations have replaced the general journal with a _______________________________.

Accepted Answer

journal vo...

Question 5

In contrast to a batch processing system,in a real-time system

Accepted Answer

A)  a lag occurs between the time of the economic event and when the transaction is recorded
B)  relatively fewer hardware, programming, and training resources are required
C)  a lesser resource commitment per unit of output is required
D)  processing takes place when the economic event occurs

Question 6

Which symbol represents a decision?

Accepted Answer

A)   
B)   
C)   
D)

Question 7

The most important advantage of an alphabetic code is that

Accepted Answer

A)  meaning is readily conveyed to users
B)  sorting is simplified
C)  the capacity to represent items is increased
D)  missing documents can be identified

Question 8

Mnemonic codes are appropriate for items in either an ascending or descending sequence,such as the numbering of checks or source documents.

Accepted Answer

A) True 
 B)False

Question 9

Processing more transactions at a lower unit cost makes batch processing more efficient than real-time systems.

Accepted Answer

A) True 
 B)False

Question 10

System flowcharts represent the input sources,programs,and output products of a computer system.

Accepted Answer

A) True 
 B)False

Question 11

A key feature of a database management system is that users are given access only to the information they need to perform their jobs.

Accepted Answer

A) True 
 B)False

Question 12

System flowcharts

Accepted Answer

A)  depict logical tasks that are being performed, but not who is performing them
B)  illustrate the relationship between database entities in systems
C)  represent relationships between key elements of both manual and computer systems
D)  describe the internal logic of computer applications in systems

Question 13

Which of the following is a turnaround document?

Accepted Answer

A)  remittance advice
B)  sales order
C)  purchase order
D)  payroll check

Question 14

Program flowcharts are used to describe the logic represented in system flowcharts.

Accepted Answer

A) True 
 B)False

Question 15

Operational inefficiencies occur because

Accepted Answer

A)  accounts both common and unique to many concurrent transactions need to be updated in real time
B)  accounts common to many concurrent transactions need to be updated in real time
C)  accounts unique to many concurrent transactions need to be updated in real time
D)  none of the above

Question 16

Batch processing of non-critical accounts improves operational efficiency.

Accepted Answer

A) True 
 B)False

Question 17

Explain the following three types of pointers: physical address pointer,relative address pointer,and logical key pointer.

Accepted Answer

A physical address pointer contains the ...

Question 18

The most important purpose of a turnaround document is to

Accepted Answer

A)  serve as a source document
B)  inform a customer of the outstanding amount payable
C)  provide an audit trail for the external auditor
D)  inform the bank of electronic funds deposits

Question 19

Which symbol represents accounting records?

Accepted Answer

A)   
B)   
C)   
D)

Question 20

Real-time processing is used for routine transactions in large numbers.

Accepted Answer

A) True 
 B)False

Exam 2: Introduction to Transaction Processing

In contrast to a batch processing system,in a real-time system

Correct AnswerverifiedShow Answer

Which symbol represents accounting records?

Correct AnswerverifiedShow Answer

The most important purpose of a turnaround document is to

Correct AnswerverifiedShow Answer

Operational inefficiencies occur because

Correct AnswerverifiedShow Answer

Most organizations have replaced the general journal with a _______________________________.

Correct Answerverifiedjournal vo...View AnswerShow Answer

Batch processing of non-critical accounts improves operational efficiency.

Correct AnswerverifiedShow Answer

Which symbol represents a decision?

Correct AnswerverifiedShow Answer

Mnemonic codes are appropriate for items in either an ascending or descending sequence,such as the numbering of checks or source documents.

Correct AnswerverifiedShow Answer

The most important advantage of an alphabetic code is that

Correct AnswerverifiedShow Answer

A control account is a general ledger account which is supported by a subsidiary ledger.

Correct AnswerverifiedShow Answer

Data flow diagrams

Correct AnswerverifiedShow Answer

Explain the following three types of pointers: physical address pointer,relative address pointer,and logical key pointer.

Correct AnswerverifiedA physical address pointer contains the ...View AnswerShow Answer

Real-time processing is used for routine transactions in large numbers.

Correct AnswerverifiedShow Answer

Program flowcharts are used to describe the logic represented in system flowcharts.

Correct AnswerverifiedShow Answer

Which of the following is a turnaround document?

Correct AnswerverifiedShow Answer

Provide a specific example of a general ledger account and a corresponding subsidiary ledger.

Correct Answerverifiedaccounts receivable control account and ...View AnswerShow Answer

Processing more transactions at a lower unit cost makes batch processing more efficient than real-time systems.

Correct AnswerverifiedShow Answer

System flowcharts represent the input sources,programs,and output products of a computer system.

Correct AnswerverifiedShow Answer

System flowcharts

Correct AnswerverifiedShow Answer

A key feature of a database management system is that users are given access only to the information they need to perform their jobs.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
journal vo...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
A physical address pointer contains the ...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
accounts receivable control account and ...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified