50 Free Test Bank for Accounting Information Systems The Crossroads of Accounting and IT 2nd Edition by Kay

50 Free test bank for Accounting Information Systems The Crossroads of Accounting and IT 2nd Edition by Kay Multiple Choice Questions get direction primarily toward accounting knowledge and help learners study the crossroads of accounting and IT. Free instant informational questions test bank on accounting information systems along with clear answers presented as follows will find out how well you can gain in the accounting field.

Please visit the link below to get full questions and answers:

https://testbank123.com/free-test-bank-for-accounting-information-systems-the-crossroads-of-accounting-and-it-2nd-edition-by-kay.html

Which event is part of the Purchasing Cycle?

•  A) Pay bill
•  B) Create invoice
•  C) Make deposit
•  D) Enter bill

Which transactions are usually performed in the Customers module of the Baseline Accounting System?

•  A) Receive inventory
•  B) Create invoice
•  C) Create purchase order
•  D) Pay bills

When data is "hard keyed" into the program, which of the following is true?

•  A) Changing the data requires recreating (recording) the entire program.
•  B) Changing the data requires purchasing additional computer storage and may take days or weeks.
•  C) Changing the data is cost efficient and may be accomplished in a matter of minutes.
•  D) Changing the data is costly and may take days or weeks.

Which event is usually performed in the Financial modules of the Baseline Accounting System?

•  A) Make adjusting entries
•  B) Pay bills
•  C) Enter time
•  D) Create income statement

Which accounting software is typically used in a mid-sized enterprise?

•  A) Oracle's Peoplesoft Enterprise
•  B) SAP Business One
•  C) Peachtree
•  D) Quickbooks Enterprise

Which event is part of the Sales Cycle?

•  A) Enter time
•  B) Make deposit
•  C) Create purchase order
•  D) Receive item

What is the purpose of Enterprise Resource Planning (ERP) software?

•  A) Help identify the end of a product's life cycle
•  B) Identify new trends in consumer purchasing
•  C) Analyze an organization's sales projections
•  D) Help managers control organizational resources

What modules comprise a baseline accounting system?

•  A) Vendors, Employees, Sales, Banking, Financial, and Reports
•  B) Inventory, Employees, Sales, Banking, Financial, and Reports
•  C) Inventory, Employees, Sales, Banking, Accounting, and Reports
•  D) Vendors, Employees, Customers, Banking, Financial, and Reports

The three basic functions of an enterprise system are

•  A) Input, processing, and output
•  B) Processing, output, and reports
•  C) Business intelligence, processing, and output
•  D) Input, data, and reports

To record a payment for inventory delivered, the information would be entered in a screen that looks similar to which paper form?

•  A) Sales receipt
•  B) Check
•  C) Invoice
•  D) Purchase order

What is the purpose of an onscreen entry form?

•  A) Onscreen entry forms allow you to perform data Analysis that is cumbersome in a relational database.
•  B) Onscreen entry forms provide predictive modeling to gain insights from data to improve business decisions.
•  C) Onscreen entry forms provide a familiar interface for entering information into a database.
•  D) Onscreen entry forms help ensure information is entered only once in the database.

The Vendors module in the Baseline Accounting System corresponds to which transaction cycle?

•  A) Sales cycle
•  B) Financial cycle
•  C) Payroll cycle
•  D) Purchasing cycle

The Value Chain begins with which activity?

•  A) Selling items to customers
•  B) Creating the products
•  C) Purchasing items from vendors
•  D) Providing support to customers

The sales cycle corresponds to which module in the Baseline Accounting System?

•  A) Banking
•  B) Vendors
•  C) Customers
•  D) Employees

When looking at an accounting system using the aerial view, you see

•  A) Detailed information recorded in the accounting system
•  B) Information available on the tax reports for the Internal Revenue Services and other tax agencies
•  C) Accounting information available to internal users, primarily management
•  D) An enterprise-wide view of an organization showing the entire accounting system

Which of the following are NOT part of the basic functions of an enterprise system?

•  A) Hiring
•  B) Output
•  C) Input
•  D) Processing

Which transactions are related to the purchasing cycle?

•  A) Buying items from vendors
•  B) Paying employees
•  C) Selling items to customers
•  D) None of the above

Which symbol is used by IT professionals to represent the enterprise network?

•  A) Cloud
•  B) Star
•  C) Circle
•  D) Square

An accounting system spans which of the following Value Chain components?

•  A) Support
•  B) Purchase
•  C) Customers
•  D) All the above except C

Which transactions are related to the sales cycle?

•  A) Paying employees
•  B) Selling items to customers
•  C) Buying items from vendors
•  D) None of the above

What is an alternative to "hard keyed" data?

•  A) If user requirements are correctly defined, the data will not change and may be "hard keyed."
•  B) Using variables in the program, such as cell addresses in a spreadsheet.
•  C) Alternatives to "hard keyed" data is not possible. All data must be "hard keyed."
•  D) Creating the program in a way that does not require data.

Which accounting software is designed for a large-scale company?

•  A) Oracle's PeopleSoft Enterprise
•  B) SAP Business All-In-One
•  C) Oracle's JD Edwards EnterpriseOne
•  D) SAP Business One

What purpose of the processing function of an enterprise system?

•  A) Summarize information
•  B) Capture information
•  C) Generate reports
•  D) Sort and store information

When looking at an accounting system using the zoom view, you see

•  A) An enterprise-wide view of an organization showing the entire accounting system
•  B) Information available on the tax reports for the Internal Revenue Service and other tax agencies
•  C) Detailed information recorded in the accounting system
•  D) Accounting information available to internal users, primarily management