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Exam (elaborations)

AIS Exam 1 PASSED Exam Questions and CORRECT Answers

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  • Course
  • AIS
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  • AIS

AIS Exam 1 PASSED Exam Questions and CORRECT Answers Accounting Information Systems include - Correct Answer- Either manual or computerized systems Data is considered to be an __________. Information is considered to be an _________. - Correct Answer- Input; output

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  • September 4, 2024
  • 8
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • AIS
  • AIS
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MGRADES
AIS Exam 1 PASSED Exam Questions and
CORRECT Answers
Accounting Information Systems include - Correct Answer- Either manual or computerized
systems


Data is considered to be an __________. Information is considered to be an _________. -
Correct Answer- Input; output


Utilizing customer relationship management software is most likely to impact which of the
following income statement accounts? - Correct Answer- Revenue


The accounting department would be included in which part of the value chain? - Correct
Answer- Firm Infrastructure


A system analyst is most likely to play what role in AIS? - Correct Answer- Designer


What does a rounded rectangle represent in BPMN? - Correct Answer- Activity


How are different organizations represented in BPMN? - Correct Answer- Separate Pools


Which of the following is NOT an example of an intermediate event? - Correct Answer-
Gateway event


Message flows show interactions between _________? - Correct Answer- Organizations


Which of the following is a best practice for BPMN? - Correct Answer- Focus on one process


What is step 1 of drawing a flowchart? - Correct Answer- Understand the system thoroughly


What is a simple abstract representation of one or more business processes? - Correct
Answer- Business model

, What does a triangle represent in a flowchart? - Correct Answer- File document


In a flowchart, how do we show direction of the information flow? - Correct Answer- solid
line with an arrowhead


When there is a decision that must be made in the business process, how is that portrayed in a
flowchart? - Correct Answer- Diamond


What initiate the Sales process at Waren Sports? - Correct Answer- Receive a Purchase Order


For cash sales, what accompanies a check when Waren Sports receives the check? - Correct
Answer- Customer Purchase Order


When Waren Sports bills a customer, what is debited and/or credited? - Correct Answer- Dr.
Accounts Receivable
Cr. Sales


What department is responsible for approving credit? - Correct Answer- Management
(Kramer)


Suppose a credit sale for $100 worth of equipment was made with the terms 1/10, n/30. The
customer paid the invoice within 10 days. Which of the following would be part of the
journal entry when Waren Sports receives payment? - Correct Answer- Dr. Cash $99
Dr. Sales Discount $1
Cr. Accounts Receivable $100


Which of the following documents will be prepared by Waren Sports at the time when
purchased goods are received? - Correct Answer- Receiving Report


At the time when a vendor invoice is received, to what other documents is it matched? -
Correct Answer- Purchase Order and Receiving report


On which document would we find the total amount that we owe for a purchase? - Correct
Answer- Vendor Invoice

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