AIS Exam 1 PASSED Exam Questions and CORRECT Answers
3 views 0 purchase
Course
AIS
Institution
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
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
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller MGRADES. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.99. You're not tied to anything after your purchase.