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Study Resources (Accounting)

37) Company Preferences areas include: A) Checking. B) Accounting. C) Bills. D) all the above. 38) The Company Preferences area that shows the checking account used for posting paychecks is the: A) Checking Preferences. B) Accounting Preferences. C) Bills Preferences. D) General Preferences. 39) The Company Preferences area that shows if general ledger account numbers have been activated is the: A).
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1) Developing a general framework for implementing user requirements and solving problems identified in the analysis phase occurs in which phase of the SDLC? A) conceptual systems design B) implementation and conversion C) operations and maintenance D) physical design 2) Who is responsible for evaluating the design alternatives and selecting the.
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59) The Customer Center has two tabs that are called: A) Customers & Invoices and Credits. B) Customers & Jobs and Transactions. C) Customers & Orders and Invoices. D) Clients & Jobs and Transactions. 60) To view all open windows within QuickBooks, select: A) the Window menu and scroll to the list at the bottom. B) the.
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61) Describe the different types of documentation that should be prepared for a new system. 62) Describe the different methods of testing a system. 63) Describe the post-implementation review activity. 64) What output design considerations should be analyzed as part of the physical system design phase? 65) Describe structured programming. 1 .
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17) According to the general ledger framework illustrated in the text, the second digit in the account number for an asset account indicates: A) current assets. B) long-term assets. C) short-term assets. D) either A or B. 18) According to the general ledger framework used in the text, the second digit in the account number.
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65) Describe computer-aided software (or systems) engineering (CASE) and identify the advantages and disadvantages of CASE? 66) Explain the concept of an application service provider. 67) Identify the ways an organization can gain full advantage of using a Request For Proposal (RFP). 68) Discuss how an organization can develop custom.
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66) Give an example of an M:N Agent-Event relationship. 67) Why is the event Issue Debt often modeled as a separate event entity? 68) Why might an REA diagram show relationships between agents? 69) Why might an REA diagram show relationships between resources and agents? 70) Why is cost information stored in several relational.
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11) Information provided on a Request For Proposal given to vendors should include A) a budget for software and hardware. B) detailed specifications for the AIS. C) timeframe required for completion of the project. D) All of the above are correct. 12) The system performance evaluation approach that evaluates systems based.
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31) Which advantage of outsourcing, given below, may tend to cause resistance on the part of in-house IS staff and other organization employees? A) Outsourcing allows a company to better use its assets and scarce resources. B) Outsourcing can lower a company's overall IS costs. C) Outsourcing facilitates downsizing. D).
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51) Where is the responsibility for the development of end-user computing applications typically placed? A) End users B) Help desk C) Information Technology Services Department D) Programmers 52) Callow Youth Clothing (CYC) declared bankruptcy in 2007 and has since closed 27 stores, which amounts to over half of its retail outlets. One of the conditions.
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31) Several types of documentation must be prepared for a new system. The type of documentation that includes the files and databases accessed and file retention requirements is called A) development documentation. B) operations documentation. C) reference documentation. D) user documentation. 32) What type of system test determines whether a.
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51) Which group is responsible for preparing a systems analysis report? A) computer analysts B) management C) the project development team D) the steering committee 52) In which systems analysis step do analysts conduct an extensive study of the present system to gain a thorough understanding of how it works?.
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11) Physical input design considerations include A) which transactions to enter. B) layout of source documents. C) types of data input and optimal input methods. D) cost of collecting and storing data. 12) Program design A) spans all five stages of the system development life cycle. B) includes writing computer code. C) includes.
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51) Which of the following diagrams represents the cardinality pairs in a situation where a finished product requires one or more machine operations, and machines usage is recorded to specific production runs? A) B) C) D) 52) Which of the following diagrams represents the cardinality pairs in a situation where a.
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1) Accounting software eliminates tedious processes such as typing documents, manually posting and calculating transactions, and documenting the audit trail. 2) Application software does not have to match the computer operating system software. 3) When loading QuickBooks, the welcome screen has an overview tutorial that allows you to learn about how QuickBooks.
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78) Identify the main reasons why companies change existing systems? 79) Who makes up the project development team and what is the team's purpose? 80) Describe the five phases of systems analysis. 81) Describe the four primary objectives of a systems survey conducted during systems analysis. 1 .
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49) The menu command for activating an open task window when performing multiple tasks is found under the: A) Reports menu. B) Windows menu. C) Help menu. D) Banking menu. 50) The menu command for accessing help files, reviewing the software license agreement, and verifying the software version is found under the: A) Reports menu. B) Windows.
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70) Describe end-user computing and the advantages and risks involved. 71) Describe prototyping and identify when prototyping is appropriate. Identify the steps involved in prototyping. Discuss the advantages and disadvantages of prototyping. 72) Discuss how information system outsourcing can provide the organization with both a business solution and asset management..
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11) Who is responsible for preparing the specifications that are used to create the programs? A) management B) programmers C) systems analysts D) the information systems steering committee 12) One step in the systems development life cycle (SDLC) identifies and evaluates design alternatives and to develop design specifications. This step.
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41) Which data gathering method is most helpful to deal with the question: "Why?" A) interviews B) observation by the analyst C) questionnaires D) system documentation 42) Significant system changes were implemented two months ago. The changes were well-planned, well-designed, thoroughly tested before and after conversion, and several employee training.
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41) What is a disadvantage to prototyping? A) developers may shortchange the testing and documentation process B) errors are likely to be detected and eliminated early in the development process C) prototyping may be less costly than other approaches D) prototyping usually produces a better definition of user needs than.
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1) The "where and when" of transaction posting is determined by the accountants. 2) The chart of accounts can be opened under the List icon. 3) Printing a COA report gives you a report to refer to when posting transactions. 4) Understanding a company's general ledger account framework helps to select the correct.
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41) Which of the following is the final activity in the systems development life cycle? A) monitoring of the system B) ongoing maintenance activities C) preparation of the post-implementation review report D) user acceptance of the post-implementation review report 42) An analyst who asks the question, "Does the system produce.
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1) A system change that results in an improved product or service and helps lower costs provided a(n) A) competitive advantage. B) improved business process. C) productivity gain. D) technological change. 2) An antiquated information system used by an office supply manufacturer caused customer dissatisfaction since it took two days to process a telephone order..
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21) Why do so many organizations develop their own software, when many canned software packages are available? A) An organization may have unique requirements. B) Canned software packages are often less expensive than software developed in house. C) The organization's size and complexity necessitates the in-house development of software. D) A and.
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11) One of the QBP features that offer significant advantages over a manual accounting system is the ability to drilldown on a report to view underlying transactions. 12) The drilldown feature is available on all reports. 13) Accounting transactions should only be posted to the current accounting period. 14) In the real world,.
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79) The Help window has tabs named: A) Search Options and Relevant Topics. B) Index and Search. C) Search and Help Index. D) Relevant Topics and Search. 80) The name of the Help window tab that provides general help by topic is called the: A) Relevant Topics tab. B) Search Topics tab. C) Index tab. D) Search tab. 81) The.
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60) Describe the difficulties that could be encountered when developing an AIS. 61) What are the three methods to obtain a new information system? What is a turnkey system? 62) What guidelines should be followed when contracting with an outside developer to create custom software? 63) Describe the purposes of.
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56) How can accountants help in the systems development life cycle (SDLC) process? 57) What factors does a steering committee consider when evaluating different system designs? 58) What are the purposes of a conceptual systems design report? 59) Describe at least four considerations during controls design. 60) What is systems.
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29) Employee activities in QuickBooks include: A) deposits and checks activities. B) sales, accounts receivables, and cash receipts. C) purchases, accounts payable, and cash disbursements. D) payroll. 30) One method of opening an existing company is to select: A) File>>New company. B) File>>Open or Restore Company. C) File>>Save Copy or Backup. D) File>Restore an Existing Company>>. 31) To use a.
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19) All the following apply to manual accounting EXCEPT: A) business transactions occur and are manually entered onto a source document. B) record the adjusting entries on the general journal and then post entries to the general ledger. C) manually prepare the trial balance. D) the software posts transactions to subsidiary journal, account ledger,.
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