This document appears to be a midterm exam for an Accounting Information Systems course, testing students' knowledge on key concepts. The exam is divided into three parts - multiple choice questions about accounting cycles, transaction processing systems, and data in AIS; true/false questions about records, files, and data processing; and discussion questions about different data processing methods and the components of an AIS. Students are asked to choose answers, identify statements as true or false, and provide explanations for accounting and information systems concepts.
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Ais - Exam Sec D
This document appears to be a midterm exam for an Accounting Information Systems course, testing students' knowledge on key concepts. The exam is divided into three parts - multiple choice questions about accounting cycles, transaction processing systems, and data in AIS; true/false questions about records, files, and data processing; and discussion questions about different data processing methods and the components of an AIS. Students are asked to choose answers, identify statements as true or false, and provide explanations for accounting and information systems concepts.
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Select College Name______________________
Accounting & Finance Department Section___________
AIS – Mid-Exam Id. No.____________ PART ONE: Choose the best answer from the given alternatives and encircle your choice. Make sure that your answer is clearly marked (1.5 pts. each). 1. The operations performed on data to generate meaningful and relevant information are referred to as A. General ledger and reporting system C. Data processing cycle B. Financial Reporting D. Accounting information system 2. Which of the following documents would be found in the expenditure cycle? A. Delivery ticket C. Time card B. Purchase order D. Journal voucher 3. Something about which information is stored is A. Entity C. Attribute B. Record D. Database 4. Which statement is true regarding file systems? A. Transaction files are similar to ledgers in a manual AIS. B. Transaction files are permanent. C. Individual records are never deleted in a master file. D. The proliferation of master files creates problems in the consistency of specific data stored in different files. 5. Which of the following is an unstructured decision? A. Which research and development projects should be undertaken? B. How much inventory to reorder? C. How fast an assembly line should operate? D. When scheduled maintenance should be performed? 6. __________ is a recurring set of business activities and related data processing operations associated with the manufacturing of products. A. Revenues cycle C. Conversion cycle B. Expenditure cycle D. HRM and payroll cycle 7. Which one of the following is NOT the role of Executive Information System? A. Are concerned with predicting the future C. Are highly flexible B. Support structured decisions D. Use internal and external data sources 8. It refers to the reproduction data onto many forms or documents: A. Classifying C. Duplicating B. Sorting D. None 9. Payroll system is regarded as a: A. Management information system C. Transaction processing system B. Decision support system D. None 10. Meskerem woke up and went to the ATM to take money. She then went grocery store to buy some products and paid with her visa card. She finished off her day by going to school and registered online for her computer class. Meskerem has had multiple contacts with what kind of information systems throughout her day? A. Transaction Processing System (TPS) C. MIS (Management Information System) B. EIS (Executive Information System) D. None of the above. Part Two: True/False Questions (1 pt. each) 1. Attributes are something about which information is stored. 2. A record is the set of entities stored for a particular instance of an entity. 3. A transaction file is a file that stores cumulative information about an organization’s entities. 4. In online real-time data processing, the temporary transaction file is periodically run against the master file to update the master file. 5. When files about students are integrated with files about classes and files about instructors, we have a complete record. Part Three: Discussion Questions (2.5 pts each). 1. Discuss the difference among batch processing, on-line batch processing and on-line real time processing. 2. Explain the components of AIS. Select College Name______________________ Accounting & Finance Department Section___________ AIS – Mid-Exam Id. No.____________
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