ACCT 3324: AIS - Exam 1 Study

Data differ from information in which way?

Which of the following is not a characteristic that makes information useful?

Which of the following is a primary activity in the value chain?

Which transaction cycle includes interactions between an organization and its suppliers?

Which of the following is not a means by which information improves decision making?

In the value chain concept, upgrading IT is considered what kind of activity?

In which cycle does a company ship goods to customers?

Which of the following is a function of an AIS?

A firm, its suppliers, and its customers collectively form which of the following?

A report telling how well all approved vendors have performed in the prior 12 months is information that is MOST needed in which business process?

Which of the following is not a step in the data processing cycle?

All of the information (e.g., name, GPA, major, etc.) about a particular student is stored in the same _______________.

Which of the following would contain the total value of all inventory owned by an organization?

Which of the following is most likely to be a general ledger control account?

Which of the following documents is most likely to be used in the expenditure cycle?

Which of the following is least likely to be a specialized journal?

How does the chart of accounts list general ledger accounts?

Which of the following is not an advantage of an ERP system?

Records of company data sent to an external party and then returned to the system as input are called _________.

Recording and processing information about a transaction at the time it takes place is referred to as which of the following?

The relational data model portrays data as being stored in __________.

How a user conceptually organizes and understands data is referred to as the __________.

What is each row in a relational database table called?

Which of the following is an individual user’s view of the database?

Which of the following would managers most likely use to retrieve information about sales during the month of October?

Which of the following attributes would most likely be a primary key?

Which of the following is a software program that runs a database system?

The constraint that all primary keys must have non-null data values is referred to as which of the following?

The constraint that all foreign keys must have either null values or the value of a primary key in another table is referred to as which of the following?

Which of the following attributes in the Cash Receipts table (representing payments received from customers) would most likely be a foreign key?

Which activity is part of the sales order entry process?

Which document often accompanies merchandise shipped to a customer?

Which method is most likely used when a company offers customers discounts for prompt payment?

Which of the following techniques is the most efficient way to process customer payments and update accounts receivable?

Which of the following revenue cycle activities can potentially be eliminated by technology?

The integrated database underlying an ERP system results in which of the following general threats to the revenue cycle?

Which document is used to authorize the release of merchandise from the inventory control (warehouse) to shipping?

Which of the following provides a means to both improve the efficiency of processing customer payments and to enhance control over those payments?

For good internal control, who should approve credit memos?

For good internal control over customer remittances, the mailroom clerk should separate the checks from the remittance advices and send the customer payments to which department?