100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Accounting Information Systems Quiz 1-3 questions with actual answers. $9.09   Add to cart
Quickly navigate to
Preview
  2.  
  3. Accounting Information System
  4.  
  5. Accounting Information System

Exam (elaborations)

Accounting Information Systems Quiz 1-3 questions with actual answers.
 5 views  0 purchase
  • Course
  • Accounting Information System
  • Institution
  • Accounting Information System

Accounting Information Systems Quiz 1-3 questions with actual answers.

Preview 1 out of 2  pages

Document information

  • September 5, 2024
  • 2
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • accounting information systems quiz 1 3 questions

Written for

  • Accounting Information System
  • Accounting Information System

Seller

avatar-seller
Professorkaylee

Content preview

Accounting Information Systems Quiz 1-
3 questions with actual answers.
Terms like "master file" and "transaction file" are most commonly associated with which generic
element of the accounting information system? ANS - Storage



Which of the following is not essential to the definition of an accounting information system? ANS -
Software



Which of the remaining four business processes most closely relates to the payroll portion of the Human
Resource Process? ANS - Acquisition/Payment



Which of the following is the best example of an Internal Control in the Accounting Information System?
ANS - Bank reconciliation



Which of the following best pairs a generic element of the AIS with a specific example of that element:
ANS - Internal Control, General Ledger software



All of the following are facts about an Accounting Information System (AIS) except: ANS - An AIS always
incorporates information technology.



Consider the trial balance of DMN Corporation in Table 2.1 of your text. Based on the trial balance only,
DMN s income statement would report: ANS - Net loss of $1,300



Human judgment involved when using an AIS system includes: ANS - All-Determining if and when to
record a transaction, Estimating amounts, and Interpreting accounting rules



Which of the following coding systems best describes "ACCT-307"? ANS - Mnemonic



BRN Corporation has two divisions: California and Nevada. Both divisions use the same chart of
accounts. Current assets use numbers in the 100s; plant assets use numbers in the 200s; etc. When the
divisions transfer data to the corporate system, BNN adds the letter C to account numbers that the

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 Professorkaylee. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $9.09. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

82956 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$9.09
  • (0)
  Add to cart