ACC 350 Exam Questions And Answers
100% Pass.
One aspect of usefulness of information is _____,which reduces uncertainty -
answerRelevance
Systems problems always occur when - answerobjective is not being met
_____ is not organized in a meaningful way whereas _____ is organized to provide mean...
One aspect of usefulness of information is _____,which reduces uncertainty -
answer✔Relevance
Systems problems always occur when - answer✔objective is not being met
_____ is not organized in a meaningful way whereas _____ is organized to provide meaning. -
answer✔data; information
Data input is generally classified based on the source and type of data. Identify whether each
item is either a source of data or a type of data. - answer✔Internal: Source
External: Source
Quantitative: Type
Qualitative: Type
Which of the following is one of the major components of an accounting information system
(AIS)? - answer✔People
____________ systems are known for their ability to integrate accounting and non-financial
information. - answer✔ERP
Measuring customer satisfaction using a survey question "Please rate your experience at Joe's
Ristoranté on a scale of 1-10 with 1 being 'not satisfied at all' and 10 being 'very satisfied,' is an
example of - answer✔Quantitative
Which utilizes immediate posting of transaction data to master files? - answer✔Real Time
Tracing transaction flow from creation to disposition is referred to as? - answer✔.
People who _____ information are just demonstrating the lowest level of systems thinking. -
answer✔Recall
Which of the following cycles involves the tracking of stock, borrowing transactions, and fixed
assets? - answer✔Capital/Investment
Which of the following is generally the first step in the accounting system analysis phase? -
answer✔Gaining an understanding of the current system requirements.
Which of the following design principles requires minimizing effort and possible errors? -
answer✔Ease of use
Which of the following is not considered an objective for user acceptance when developing a
system? - answer✔None of the above
When putting together a system analysis report, an analyst describes possible recommendations
concerning how the system will be accepted by the organization. Which of the following best
addresses this issue? - answer✔Feasibility
Which of the following types of documentation is needed when you need to understand the
processing activities and the files affected? - answer✔System flowchart
System flowcharts can be used to describe - answer✔both manual and computerized accounting
systems.
A document flowchart is - answer✔a diagram depicting the document flows of a system.
A system flowchart is a diagram depicting the - answer✔procedures of a system.
procedures, decisions, and document flows of a system.
WRONG
The general rule for choosing documentation is to choose the technique that gives you the most
explanatory value for the least cost. Which of the following types of documentation is generally
considered to be the least expensive and easiest way to prepare a walkthrough? -
answer✔Narrative memorandum
Which of the following statements about documenting an accounting system is true? -
answer✔Lack of documentation in an accounting system could be considered a material
weakness.
Understanding internal control is critical because it helps ensure all of the following: -
answer✔quality of information.
security over the assets.
compliance with regulation.
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