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31.The vendor packing slip triggers which process? a.receive goods and services b.order goods and services c.determine requirements d.none of the above 32.In the process of preparing a receiving report, the receiving department should perform all of the following tasks except: a.inspect and approve quality b.count the quantity received c.compare the completed receiving report to the information stored in.
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7.The E-R diagram below represents a B/AR/CR process but with the names of certain entities, and relationship cardinalities removed from the diagram. In alphabetic order, the names omitted are: ?   BANKS ?   CASH_RECEIPTS ?   CUSTOMERS ?   DEPOSITS ?   INVENTORY ?   SALES_INVOICES ?   SALES_ORDERS ?   SHIPMENTS Required: Complete The E-R Diagram (TB Figure 11.12) by: a. Inserting the names from the above lists.
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31.Payroll tax deposits are initially remitted to: a.government agencies b.the bank c.the general ledger process d.the cashier 32.Payroll tax reports are initially remitted to: a.government agencies b.the bank c.the general ledger process d.the cashier 33.Updates of the tax rates data are stored in: a.tax rates data b.employee/payroll master data c.HR master data d.GL master data 34.What is the process that compares total hours of each.
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6. The flowchart below is the accounts payable/cash disbursements process presented in Chapter 13, but with certain items omitted. In the flowchart, each omission is indicated by a capital letter (A through I). Jumbled lists of the omitted items are as follows: 1. Compare incoming invoices to PO and receiving report data.
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PROBLEMS 1.Below is a narrative of the “Determine Requirements” portion (bubble 1.0) of the purchasing process described in Chapter 12. Narrative Description Bubble 1.1 receives and stores the requests received from the inventory-management process (inventory’s purchase requisition) and various departments (purchase requisition—goods and services). At predetermined intervals, bubble 1.2 accesses the accumulated requests held.
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11.Which of the following is false regarding the payroll process? a.it supports the repetitive work routines of the payroll process b.because payroll is a key competency, it typically does not make sense to outsource this process c.it maintains data for payroll taxes and fringe benefits d.moving from bi-weekly to monthly payroll can reduce costs.
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11.Notifications that a PO has been prepared and sent to the vendor are sent to the receiving department, the accounts receivable process, and the department or process that requested the purchase. 12.Collaborative processes across the supply chain using a set of processes and technology models is called Collaborative Planning, Forecasting, and.
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PROBLEMS   TB Figure14.1 is a Level 0 DFD of a payroll process with several labels omitted. Listed below is a numbered, alphabetical list of the omitted items. Omitted Labels 1. Accrue liabilities 2. Attendance time records 3. Bank 4. Distribute labor costs 5. Employee/payroll master data 6. General ledger process 7. GL employer tax accrual update 8. GL tax deposit update 9. Government agencies 10. Pay employees 11. Perform data maintenance 12. Validated job time.
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5.TB Figure12.9 is the control matrix for the purchasing process presented in Chapter 12 with certain items omitted. In the matrix, each omission is indicated by a square. Jumbled lists of the omitted items are as follows: Omitted from Control Goals Columns 1. Inventory and vendor and purchase order master data 2. Ensure security of.
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11.In the Level 0 DFD for an AP/CD, a data flow called "receiving report" most likely would be sent by the purchasing process to which of the following processes? a.order inventory b.receive goods and services c.establish payable d.make payment 12.Data flows of an AP/CD process normally might include all of the following except: a.PO accounts payable.
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COMPLETION 1.As used in the purchasing process chapter, the term ____________________ refers to raw materials, merchandise, supplies, fixed assets, or intangible assets. 2.The ____________________ manager usually performs major buying activities as well as performing the administrative duties of running a department. 3.The ____________________ supervisor is responsible for receiving incoming goods, signing the bill.
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11.Which of the following statements is false? a.With the pull approach to manufacturing, factory machinery typically is arranged in factory cells. b.The pull approach to manufacturing should lead to reduced work in process and finished goods inventories. c.The pull approach to manufacturing should lead to shorter production runs. d.Enterprise resource planning (ERP) employs a.
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2.              Below is a narrative of the “Establish payable” portion (bubble 1.0) of the AP/CD process described in Chapter 13. Narrative Description The first step in establishing the payable involves validating the vendor invoice. This process is triggered by receipt of the vendor invoice. Process 1.1 comprises a number of steps. First,.
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4.Below is a narrative for the “Make payment” portion (bubble 2.0) of the accounts payable/cash disbursements process described in Chapter 13. Narrative Description The payment process begins with the preparation of a list of payments that might be made at this time (bubble 2.1). The selection of items for this list is.
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21.In the ER diagram of the AP/CD process, VALID_INVOICES are received from the ____________________. 22.In a relational table for PURCHASE_RECEIPTS, the primary key would be the ___________________________________. 23.In a relational table for VALID_INVOICES, the primary key would be the ______________________________. 24.Fraud abuses in the AP/CD process usually entail creating ______________________________ or submitting fictitious.
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TRUE/FALSE 1.Production systems facilitate integration of all aspects of product design, marketing, and manufacturing. 2.Product life cycle management (PLM) systems are ERP modules  or enterprise system add-ons that organize data by product, including design, manufacturing specifications, quality, and warranty performance. 3.Cycle time is the time it takes from when authorization is made for.
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MULTIPLE CHOICE 1.Which of the following is not one key characteristics of companies that are successful at managing the pressures resulting from global complexity according to the Deloitte Touche report? a.improved internal business processes in the areas of customers, products, and supply chains b.better use of technology to increase integration within and among.
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11.With ______________________________ a vendor obtains a buyer’s current sales, demand, and inventory data in real time and replenishes the buyer’s inventory. 12.____________________________________________________________ features collaborative processes across the supply chain using a set of processes and technology models. 13.A retailer could misread a demand signal doubling its normal order and the wholesaler could.
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MULTIPLE CHOICE 1.The typical AP/CD process would capture and record data related to the day-to-day operations of all of the following departments except: a.shipping b.cashier c.receiving d.activities for all of the above are captured and recorded by the AP/CD process. 2.Which of the following is least likely to report (either directly or indirectly) to the vice.
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11.In a purchasing process, once requirements are determined and a vendor selected, the next step is: a.the purchase requisition b.the purchase order c.receive goods and services d.a vendor acknowledgment 12.The purchasing process--receive goods and services--normally would be triggered by the data flow: a.purchase order b.vendor acknowledgment c.vendor packing slip d.purchase requisition 13.At the time that a purchasing process performs the.
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TRUE/FALSE 1.As used in the purchasing process chapter, the term “goods and services” refers to raw materials, merchandise, supplies, fixed assets, or intangible assets. 2.The purchasing manager usually performs major buying activities as well as performing the administrative duties of running a department. 3.The purchasing supervisor is responsible for receiving incoming goods, signing.
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11.A supply chain is a sequence of activities performed by an organization that add value or utility to the product produced or service rendered. 12.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.
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TRUE/FALSE 1.The cashier is responsible for processing vendor invoices, preparing payment vouchers, and recording purchase and disbursement transactions. 2.The notification of an obligation to pay a vendor for merchandise that was ordered and received is known as a purchase order. 3.A true voucher system requires that all expenditures for whatever purpose and in.
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3.Below is a narrative describing the “Receive goods and services” portion (bubble 3.0) of the purchasing process described in Chapter 12. Narrative Description The vendor packing slip, which accompanies the purchased inventory from the vendor and identifies the shipment, triggers the receiving process. As indicated by bubble 3.1 of the figure, goods.
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31.The control plan tickler file of payments due, is directed primarily at which of the following control goals? a.select a vendor who will provide the best quality at the lowest price by the promised delivery date b.input validity c.input accuracy d.input completeness 32.A control plan that helps ensure the security of resources within the AP/CD.
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COMPLETION 1.In some organizations, employees “punch” in and out of work by swiping an employee identification card through or by a ________________________________. 2._________________________ reflect the start and stop times on specific jobs to allow the distribution of payroll costs to jobs in process (or to other accounts). 3.___________________________________ show the time periods that.
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21.The general ledger supervisor is in charge of payroll preparation. 22.The cashier is in charge of payroll check disbursement. 23.The trigger for the payroll process “pay employees” is the payroll register. 24.The data flow between “prepare paychecks” and “prepare disbursement voucher” is the payroll register. 25.The employee/payroll master data is the central repository of.
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COMPLETION 1.The ______________________________ department is responsible for processing vendor invoices, preparing payment vouchers, and recording purchase and disbursement transactions. 2.The notification of an obligation to pay a vendor for merchandise that was ordered and received is known as a(n) ______________________________. 3.In an AP/CD process, a frequent exception routine is caused by ________________________________________. 4.To initiate.
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3. Below is a narrative for the “Pay employees” portion (bubble 4.0) of the payroll process described in Chapter 14. Narrative Description Validated attendance time records initiate the payment to workers in process 4.0 (Pay employees). In calculating employees’ gross and net pay, Process 4.1 retrieves data from both the employee/payroll master.
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21.In a relational table for VALID_INVOICES, the primary key would be the vendor number. 22.In the flowchart for the AP/DC process the symbol below represents the enterprise database. 23.Fraud abuses in the AP/CD process usually entail creating phony customers or submitting fictitious purchase orders. 24.Independent validation of vendor invoices helps ensure that appropriate.
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11.The Level 0 diagram of the AP/CD Process contains the two process bubbles of ______________________________ and ______________________________. 12.The vendor sends a _________________________ to notify the purchaser of an obligation to pay for goods or services ordered by and shipped to the purchaser. 13.The ______________________________ triggers the “establish payable” process. 14.A ______________________________ is designed.
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41.According to the flowchart of the payroll process, the payroll register is sent to the: a.electronic time management system b.chief financial officer c.accounts payable department d.cashier 42.According to the flowchart of the payroll process, the approved payroll disbursement voucher is on display in the column for a.electronic time management system b.Computer c.accounts payable department d.Cashier 43.Which of the following payroll.
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21.Which of the following techniques analyzes all incremental costs associated with acquiring and carrying particular items of inventory? a.cyclical reordering b.reorder point analysis c.EOQ models d.ABC analysis 22.Inventory carrying costs include all of the following except: a.clerical cost of ordering goods b.opportunity cost of investment funds c.insurance costs d.obsolescence and deterioration 23.Which of the following is not a cost element.
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11.The manager of safety, health and human services has key functions that include plans and forecasts of an organization’s short term and long term HR needs. 12.Systems that allow employees to access personal as well as business related information and functions are known as self service systems. 13.As shown in the “computer”.
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21.Inventory personnel use the vendor master data to select an appropriate vendor. 22.It is not uncommon for the copy of the PO available for the receiving department to be a carbon copy, meaning that certain data is blanked out. 23.The business document that accompanies the purchased inventory from the vendor, identifies the.
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11.The vendor invoice triggers the establish payable process. 12.The vendor sends a confirmation to establish the payable. 13.A disbursement voucher is designed to reflect formal approval of the voucher for payment and to provide such added data as the account distribution and the amounts to be debited. 14.The purchase order triggers the make.
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PROBLEMS 1.The figure below shows a portion of the horizontal perspective of an accounts payable/cash disbursements (AP/CD) process. The following functional titles (for the AP/CD process organizational structures and the entities with which the AP/CD process interacts) and information flows, depicted as documents, generated or captured by the AP/CD process, have.
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5.TB Figure 11.9 is the control matrix for the billing process presented in Chapter 11, but with certain items omitted. In the matrix, each omission is indicated by a box. Jumbled lists of the omitted items are as follows:          Omitted from Control Goals Columns 1. Accounts receivable master data 2. Ensure efficient employment of.
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21.Which disbursement system most easily facilitates paying a number of invoices with a single check? a.nonvoucher system b.voucher system c.balance-forward system d.open-items system 22.Which of the following activities would not occur when an inventory manager decides to return merchandise to a vendor? a.the accounts payable department is notified b.a credit memorandum is issued to the vendor c.the warehouse.
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21.Computer-aided manufacturing (CAM) is the application of computer and communications technology to improve productivity by linking computer numerical control (CNC) machines, monitoring production, and providing automatic feedback to control operations. 22.Computer-aided process planning (CAPP) is an automated decision support system that generates manufacturing operations instructions and routings based on information about.
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41.Which of the following items is not a control plan of the purchasing process? a.minimize inventory carrying costs b.written approvals c.compare vendors for prices, terms, quality, product availability d.requisition confirmation to originating department 42.The resources for which the purchasing process wants to ensure security for which of the following: a.purchase order master data b.inventory c.both a and b d.neither.
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21.The electronic purchase order is the basis for a formal contract between the buyer and the seller; therefore, it should bear a(n) ______________________________. 22.Purchasing personnel use the ______________________________ data to identify potential suppliers that have been approved for use by the organization. 23.A(n) ____________________ copy of a document is one in which.
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TRUE/FALSE 1.A job time record is the source document used in the payroll system to determine the hours for which an employee should be paid. 2.Attendance time records reflect the start and stop times on specific jobs to allow the distribution of payroll costs to jobs in process (or to other accounts). 3.Attendance.
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6.The following is a list of 12 control plans. Control Plans A. Populate input screens with master data G. Approve purchase orders B. Programmed edit checks H. Confirm purchase order to requesting department C. Approve purchase requisitions I. Digital signatures D. Requisition audit data J. Enter receipt data in receiving department E. Use authorized vendor data K. Independent authorization to record receipt F. Compare vendors for prices, terms, quality, and product availability L. Inspect goods Required: Listed.
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11.Systems that allow employees to access personal as well as business related information and functions are known as ______________________________. 12.According to the HRM flowchart, the employee/payroll data is stored in the ____________________ database. 13.The ______________________________ data maintains data concerning an organization’s short term and long term staffing requirements. 14.The _________________________ data catalogs each.
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31.The _________________________ is the primary key for relational table for vendors. 32.________________________________ tags identify an instance of an item, not just an item type (e.g., this box of Huggies,not any box of Huggies).. 33.An employee has a ___________________________________ when he (she) has a financial interest (direct or indirect) in a company with.
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MULTIPLE CHOICE 1.The purchasing process is part of the ____ process for a merchandising firm. a.order-to-cash b.purchase-to-pay c.conversion d.general ledger/financial reporting 2.The typical purchasing process would capture and record data related to the day-to-day operations of all of the following except: a.shipping b.buyers c.receiving d.purchasing 3.As used in the text, the term services specifically refers to: a.items having a physical existence and.
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21.According to the flowchart for the HR management process, needs requests, supervisor review, employee termination, and employee requests are approved in the column for: a.various departments b.employees c.computer d.HR department 22.Payroll reports may be provided to all of the following except: a.unions b.employees c.government d.customers 23.Which of the following data stores is updated when employees gain new on the job.
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MULTIPLE CHOICE 1.The process of preparing paychecks for hourly employees is triggered by which of the following data flows? a.validated attendance time cards b.job time tickets c.a temporal event d.employee paychecks 2.Information for distributing labor charges to jobs, departments, or other accounts comes primarily from: a.attendance time cards b.job time tickets c.a temporal event d.employee paychecks 3.In a payroll system logical.
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21.The _________________________ data is the central repository of data about people who work for the organization. 22.The employee wage and tax statement is known as a ____________________. 23.Annuities, pensions, and retirement pay are reported on Form ____________________. 24.Wages taxable under FICA are reported on Form ____________________. 25.A (n) ___________________________________ system is a computer based.
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