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118. Match the terms in the left column below with the definitions in the right column by placing the letter next to the term in the blank space next to the definition. Term Definition A. Push manufacturing         1. The time it takes from when authorization is made for goods to be produced to when the goods are.
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77. In which role might the accountant help meet the organization's AIS needs by selecting the final system for purchase? A. consultant B. internal auditor C. external auditor D. none of the above 78. Outputs of the systems analysis phase of development typically would include all of the following except: A. requests for proposal.
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1. The GL/BR process is an interacting structure of people, equipment, activities, and controls that is designed to accomplish both operations and information system functions with the purpose of generating accounting and other reports. 2. The business reporting process comprises accumulating, classifying, and recording data, fueling the financial reporting, business.
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71. The ______________________________ process is an interacting structure of people, equipment, activities, and controls that is designed to accomplish both operations and information system functions with the purpose of generating accounting and other reports. 72. The ______________________________ process comprises accumulating, classifying, and recording data, fueling the financial reporting, business reporting,.
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1. An important segment of the outsourcing market is the application service provider (ASP), which hosts, manages, and provides access to hardware and software over the Internet to multiple users. 2. The purpose of systems selection is to develop specifications for a new or revised system. 3. The purpose of.
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117. TB Figure 15.5 displays a Level 0 DFD - Cost Accounting: Variance Analysis. Match the items in the following alphabetical list to the missing items (A - J) in the diagram. 1. Budgets master data 6. Employee/payroll master data 2. Close manufacturing orders 7. General ledger process 3. Compute MOH variances 8. GL standard costs applied update 4. Compute RM quantity variance 9. Inventory process 5. DL variances.
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116. The process within TB Figure 15.3, Bubble 3.0 might be described as follows: After the master production schedule is determined, an important step in completing the production in a timely manner is identifying, ordering, and receiving materials. Materials requirements planning is a process that uses bills of material, raw material.
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36. The general ledger process comprises all of the following except: A. providing information for financial reporting B. servicing the needs of managerial reporting C. classifying data by general ledger accounts D. ensuring that the external financial statements conform to GAAP 37. The business reporting process comprises all of the following except: A. preparing.
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137. Which of the following statements regarding systems maintenance is false? A. It should include analysis, cost/benefit study, design, implementation, and approvals for each development step. B. To ensure that all necessary maintenance requests are submitted, users should never be charged for maintenance costs. C. A formal procedure for submitting change requests.
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183. The direct approach is also known as the ______________________________ or ______________________________ approach. 184. The ______________________________ approach forces the users to learn the new system because the old system is not available to fall back on. 185. The ______________________________ approach is also referred to as the phased approach. 186. As a(n).
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117. As presented in this text, systems operation comprises two steps¾namely, ____ and ____. A. systems implementation, systems maintenance B. systems maintenance, post-implementation review C. systems implementation, post-implementation review D. systems design, systems implementation 118. A building inspection shortly after completing the construction of an industrial park is analogous to the ____ step in.
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95. ______________________________ is an automated decision support system that generates manufacturing operations instructions and routings based on information about machining requirements and machine capabilities. 96. A(n) ______________________________ is a computer-based cart capable of delivering parts and tools among multiple work centers. 97. A(n) ______________________________ is a computer-controlled machine that stores.
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105. ______________________________ is accumulation of the data on current inventories, sales commitments, and planned production to determine whether the production of finished goods will be sufficient to commit to additional sales orders. 106. ______________________________ is the accumulation of data on current inventories, sales commitments, planned production and excess production capacity.
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206. Figure TB 17.5 is the DFD of the systems development life cycle as presented in the text.Required:Explode bubble 4.0 Structured Systems Design into a Level 1 DFD. All of the process bubbles and data flows are presented below. The data flows for implementation plan and budget and logical specification are.
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41. Systems operation includes the post-implementation review. 42. Systems maintenance is a set of procedures performed to complete the design contained in the approved systems design document and to test, install, and begin to use the new/revised information system. 43. In the parallel approach to systems implementation, both the new.
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11. Structured systems analysis is a set of procedures conducted to generate the specifications for a new (or modified) information system or subsystem. 12. Specific reports and other documentation, called process documents, must be produced periodically during systems development to make development personnel accountable for faithful execution of systems development.
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107. Which of the following statement regarding use of a service bureau is false? A. a service bureau provides information processing services B. a service bureau is more expensive than using an in-house computer C. a service bureau can provide both hardware and software for a fee D. a service bureau contract generally.
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203. Discuss the accountant's involvement in systems selection including: 1. As an analyst 2. As consultant 3. As a user 4. As an internal auditor 204. Growing State University (GSU) is planning to change from its batch-oriented grade reporting system (BGRS) to a new, online grade reporting system (OGRS). The partial organization chart for GSU appears in TB Figure 17.1. TB.
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193. A user-directed test of the complete system in a test environment is called a(n) ______________________________ test. 194. The ______________________________ test runs a subset of the system in the actual production environment. 195. The ______________________________ is an examination of a working system, conducted soon after the system's implementation. 196. ______________________________.
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46. GAAP based financial statements are sent by: A. the controller B. the treasurer C. the financial reporting officer D. the managerial reporting officer 47. A responsibility accounting/reporting system includes the following: A. upward reporting of information B. aggregation of data as it flows upward C. appropriate information detail for each decision maker D. All of the.
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67. Which of the following is the assignment of an internal function to an outside vendor? A. outsourcing B. application service provider C. Insourcing D. Benchmarking 68. Which of the following hosts, manages, and provides access to software and hardware over the Internet to multiple customers? A. Outsourcing B. application service provider C. Insourcing D. Benchmarking 69. Which.
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173. A computer system's ______________________________ is the quantity of work performed in a period of time. 174. A(n) ______________________________ is a representative user workload, processed on each vendor's proposed system configuration, to obtain comparative throughput measures. 175. Interviews that are conducted with personnel outside the organization are called ______________________________. 176..
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81. A(n) ______________________________ is an internal source document used to notify the general ledger to make an accounting entry. 82. The ______________________________ data contains summarized information of all an organization's business event data. 83. The source code field of each GL entry provides a beginning point of reference for developing.
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153. A problem has a(n) ______________________________ feasible solution if it can be solved with existing technology. 154. If the payback and internal rate of return estimates are sufficient to allow the development project to proceed it is said to have ______________________________ feasibility. 155. ______________________________ reflects a set of procedures conducted.
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56. Limitations of the general ledger approach include the following: A. combining of financial and non-financial information B. elimination of source data C. use of a chart of accounts D. inability to conform to IFRS 57. The general ledger master data does not contain: A. adjusting entry data B. customer number C. business event transaction D. source.
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1-M/C #1.               Which of the follow is not a reason why small businesses have high losses to fraud? A.Smaller businesses have fewer personnel doing more jobs. B.Small businesses frequently have external fraud detection units. C.Small businesses frequently have higher degrees of trust between personnel. D.All of the above are reasons why small businesses have.
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1-M/C #1.               While a fraud examiner’s objective is to determine whether fraud has occurred and who is likely responsible, the financial forensics investigator’s objective is to: A.calculate financial impact based on formulaic assumptions. B.determine whether the allegations are reasonable based on the financial evidence and, if so, the financial impact of the.
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Multiple Choice 1-M/C #1.               Which statement below correctly states the four elements required to prove larceny? A.There must be a taking or carrying away of the money of another without the consent of the owner and with the intent to deprive the owner of its use. B.There was a taking or carrying away,.
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True/False 1-T/F #1.                  Fraud or a fraudulent act is one that causes its victim to suffer an economic loss only. 1-T/F #2.                  An immaterial false statement is a legal element of fraud. 1-T/F #3.                  The Sarbanes–Oxley Act (SOX) of 2002 is aimed at accounting staffs, auditing firms, corporate governance, executive management (CEOs and.
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75. ______________________________ systems facilitate the integration of all aspects of product design, manufacturing, and marketing. 76. ______________________________ are ERP modules or enterprise systems add-ons that organize data by product, including designs, manufacturing specifications, quality, and warranty performance. 77. ______________________________ is the time it takes from when authorization is made for.
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61. The post-implementation review is an examination of a working system, conducted soon after the system's implementation. 62. Systems maintenance is the modification of existing applications. 63. Perfective maintenance is performed to fix errors. 64. Corrective maintenance is conducted to improve the performance of an application. 65. Adaptive maintenance adjusts.
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97. Following a systems development methodology during systems development: A. is more costly in the long run than not following such a methodology B. should ensure that development efforts are efficient and consistently lead to information systems that meet organizational needs C. applies only to in-house systems development D. increases user resistance to.
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127. The following picture from the text illustrates the ____ approach to systems implementation: A. parallel B. direct C. modular D. indirect 128. Which of the following statements regarding the modular approach is false? A. It is also referred to as the phased approach. B. It can be combined with the parallel or the direct approach. C..
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91. Sarbanes-Oxley Section 401 covers ______________________________ in financial reports. 92. ______________________________ is the process by which assurance is provided through monitoring of automated controls and business events in real-time or near real time. 93. Changing account numbers and account structure can raise a significant information use problem called ______________________________. 94..
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1-T/F #1.                  When fraudsters collude, the losses to the victim organization increase more than fourfold. 1-T/F #2.                  Line employees are the principle perpetrators in approximately 39 percent of schemes, yielding company losses of approximately $150,000. 1-T/F #3.                  The three legs of the fraud triangle are opportunity, perceived benefit, and rationalization. 1-T/F #4.                  Fraud.
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21. An intangible cost is one that cannot be reasonably quantified, such as productivity losses caused by low employee morale. 22. A direct cost is one that is directly attributable to the system or the system change, such as reduced overhead costs. 23. Indirect benefits are not directly attributable to.
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85. The computer technology application that automates the product design process, including but not limited to the functions of geometric modeling, materials stress and strain analysis, drafting, storing product specifications, and mechanical simulation of a product's performance, is called ______________________________. 86. The ______________________________ is a statement of specific production goals.
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87. The following is a jumbled list of the four steps in structured systems analysis that were presented in the text: I.Define the future logical system. II.Document the current logical system. III.Study the current physical system. IV.Design the future physical system. Which of the following is the logically correct sequence of steps? A. II, IV,.
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205. TB Figure 17.3 is taken from the text figure showing the systems selection task and documents.Required:Explode bubble 3.0 Systems Selection into a Level 1 DFD. The DFD should include the items listed below. The data flows for available hardware and physical requirements are listed twice because these data flows will.
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105. Discuss the following components of the balanced scorecard: (1) financial (2) internal business processes (3) customers (4) innovation and improvement activities 106. The important information services functions of the general ledger and business reporting (GL/BR) process emphasized in chapter 16 included two categories: (1) general ledger activities and (2) other business reporting. Briefly discuss what the general ledger (GL) process.
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31. Outsourcing is a term that describes an organization's assigning any of its internal functions (e.g., accounting, legal, or IT) to an outside vendor. 32. An RFP is a document sent to vendors that invites submissions of plans for providing hardware, software, and related services. 33. To validate vendor proposals.
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143. ______________________________ is the assignment of an internal function to an outside vendor. 144. A(n) ______________________________ offers a traditional outsourcing mechanism whereby it hosts, manages, and provides access to application software and hardware over the Internet to multiple customers. 145. The purpose of the ______________________________ phase of the Information System.
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163. A(n) ______________________________ cost is one that cannot be reasonably quantified, such as productivity losses caused by low employee morale. 164. ______________________________ are incurred only once to get the system operational. 165. A(n) ______________________________ benefit is one that is directly attributable to the system or the system change, such as.
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