Multiple Choice
Multiple Choice
Multiple Choice
2. Which system produces information used for inventory valuation, budgeting, cost control, performance
reporting, and make-buy decisions?
a. sales order processing
b. purchases/accounts payable
c. cash disbursements
d. cost accounting
8. Subsidiary ledgers are used in manual accounting environments. What file is comparable to a subsidiary
ledger in a computerized environment?
a. archive file
b. reference file
c. transaction file
d. master file
9. A journal is used in manual accounting environments. What file is comparable to a journal in a
computerized environment?
a. archive file
b. reference file
c. transaction file
d. master file
14. Which type of graphical documentation represents systems at different levels of detail?
a. data flow diagram
b. document flowchart
c. system flowchart
d. program flowchart
17. When determining the batch size, which consideration is the least important?
a. achieving economies by grouping together large numbers of transactions
b. complying with legal mandates
c. providing control over the transaction process
d. balancing the trade-off between batch size and error detection
22. A(n) ________ structure employs an algorithm that converts the primary key of a record directly into a
storage address.
a. hashing
b. indexed
c. pointer
d. sequential
23. Both the revenue and the expenditure cycle can be viewed as having two key parts. These are
a. manual and computerized
b. physical and financial
c. input and output
d. batch and real-time
24. All of the following can provide evidence of an economic event except
a. source document
b. turn-around document
c. master document
d. product document
25. An entity is
a. a physical resource
b. an event
c. an agent
d. all of the above are entities