Info
Warning
Danger

Study Resources (Accounting)

1) In a three-tier architecture, the database tier and application tier are considered the front-end. 2) The firewall program is like a communication policeman monitoring traffic to and from the servers, preventing unauthorized access. 3) Typically, firewalls are not constructed between each tier of the three-tier architecture. 4) In three-tier architecture, the database.
10 Views
View Answer
21) Which sustainability reporting framework is the cornerstone of the G3 guidelines? A) International Federation of Accountants (IFAC) Sustainability Framework B) EMAS European Union C) ISO 14000 Environmental Management D) Global Reporting Initiative (GRI) 22) In order for a model to be accepted throughout an organization and provide a common language for communicating and understanding.
7 Views
View Answer
Objective 1 1) Uninformed consumers drive enterprises to use their information assets in more intelligent ways. 2) Intelligence involves the ability to see meaningful interrelationships and glean insights. 3) Business intelligence cannot be used to improve decision making and business performance. 4) By using various analysis, such as data mining and predictive modeling, data.
13 Views
View Answer
11) Which cloud service level lets an enterprise rent programming languages, operating systems, networks, servers, and storage needed to deploy or develop applications? A) PaaS (Platform-as-a-Service) B) SaaS (Software-as-a-Service) C) IaaS (Infrastructure-as-a-Service) D) CaaS (Cloud-as-a-Service) 12) Which cloud service level lets an enterprise rent software applications? A) PaaS (Platform-as-a-Service) B) SaaS (Software-as-a-Service) C) IaaS (Infrastructure-as-a-Service) D) CaaS (Cloud-as-a-Service) 13) Which.
9 Views
View Answer
Objective 3 1) True sustainability focuses on creating long-term value. 2) Biomimicry is an innovation method that seeks sustainable solutions by emulating nature's patterns and strategies. 3) Integrating sustainability into decision making often involves innovation, looking at issues as opportunities and envisioning new sustainable solutions. 4) The ________ model provides an organizing framework for.
9 Views
View Answer
Objective 5 1) In integrated reporting, thinking does not include considering long-term success. 2) Integrating reporting combines the financial report and sustainability performance into one report. 3) An integrated report does not show how business decisions and performance are connected. 4) An integrated report provides insights into an organization's relationship with its key stakeholders. 5).
6 Views
View Answer
Objective 2 1) XBRL can only be used by banking regulators and financial analysts. 2) Beginning in 2009, the SEC mandated the use of XBRL for SEC filings for A) Selected large publicly held companies B) All privately held companies C) Selected large privately held companies D) All publicly held companies 3) The US SEC started mandating.
5 Views
View Answer
11) ________ was developed to standardize and streamline financial and business reports. 12) XBRL provides ________ that permits data to be shared across different applications and IT platforms. 13) You can think of the XBRL tags as ________ keys for data contained in financial reports. 14) Which programming language is used.
11 Views
View Answer
Objective 1 1) There is a class of corporation that reports on profit, people, and planet. 2) The triple bottom line measures the economic, social, and environmental results of corporate decisions. 3) Short-term results that might appear favorable for all three bottom lines might also be favorable in the long run. 4) The triple.
17 Views
View Answer
13) Why are shadow data spreadsheets created? 14) Why are spreadsheets popular for performing data analysis? 15) What is the purpose of Open DataBase Connectivity (ODBC) software? 16) What are some of the data analysis tools available for software spreadsheets, such as MS Excel? 17) What are the advantages of shadow data? 18) What are.
6 Views
View Answer
11) In the 1960s and 1970s, stand-alone systems within a company were often connected using A) Spaghetti code B) Local area networks C) Wireless networks D) Flash drive networks 12) In the early 1980s, data was shared between personal computers using A) Flash drives B) Local area networks C) Floppy disks D) Wireless networks 13) An automated work flow automates A).
17 Views
View Answer
Objective 2 1) IDM provides a framework to structure and organize the decision-making process. 2) As the business environment becomes more complex and diverse, more factors must be considered when making decisions. 3) The process of integrating financial and non-financial factors into the decision process can lessen the quality of the decision. 4) The.
5 Views
View Answer
Objective 4 1) Shadow data can exist in tools other than spreadsheets, such as user-developed databases. 2) Data storage for shadow data is kept in a centralized location in an organization. 3) Software called ________ translates data analysis query commands into commands that are compatible with RDBMS commands. 4) Businesses are turning to complex.
7 Views
View Answer
Objective 4 1) The banking module includes transactions that relate to the payroll cycle. 2) Payroll ________ are paid to the appropriate governmental agencies or entities. 3) The ________ module consists of transactions related to payroll. 4) What are the activities in the Nice Lawn Calculate Payroll narrative? A) Calculate Gross Pay, Calculate Withholdings, Calculate.
8 Views
View Answer
11) ________ is designed for midsize businesses wanting an integrated enterprise system. 12) ________ is designed for small and midsize businesses seeking an integrated solution that goes beyond accounting-only software. 13) SAP Business All-in-One for midsize companies uses a ________ with traffic light alerts to track the order status from order placement,.
7 Views
View Answer
Objective 6 1) How data is extracted and transferred depends on the database structure. 2) The electronic tags used by XBRL permit the user to slice and dice data for multidimensional data analysis. 3) Electronic tags used by ________ permit data analysis of multidimensional data. 4) Which language is usually used to query a.
9 Views
View Answer
17) How can the integrative decision model be expanded to encompass the additional dimension of economic, social, and environmental factors in decision making? 18) Create/draw the sustainability IDa (Integrated Decision analysis) model. 19) What is the difference between the IDM and IDa models? 20) How does the IDa model integrate sustainability into decision.
8 Views
View Answer
Objective 4 1) Sustainability reports are used by investors, consumers, society, and others to evaluate a firm's performance in terms of profit, loss, and the ability to continue as a corporation. 2) The ISO 14000 Environmental Management framework provides specific levels of environmental performance for an organization. 3) The ability to tag qualitative.
8 Views
View Answer
11) ________ systems provided information for routine, operational decisions. 12) Business intelligence answers questions such as A) What products did customers buy last week? B) What products did customers buy today? C) What products will customers will buy next year? D) What products did customers buy last years? 13) Which business intelligence tool is more likely.
11 Views
View Answer
21) In SAP customer payment is recorded on a deposit form which is accessed in the A) Business Partners tab B) Administration tab C) Sales tab D) Banking tab 22) In SAP Business All-in-One, the customer cockpit uses traffic light alerts to track the order status from A) Order placement, picking, and delivery B) Order placement, delivery,.
5 Views
View Answer
Objective 5 1) Business Intelligence Technologies are a type of advanced data analytics used to support business decision making. 2) Large data warehouses usually store data using a dimensional database structure. 3) The dimension tables in a star database are dimensions of the database, such as time dimension, product information, sales territory, and.
6 Views
View Answer
11) ________ searches the internet for specific patterns on web sites. 12) A ________ graphically represents BI, allowing the user to manipulate data and view the resulting changes. 13) No matter how complex the BI technologies, the role of the accounting professional typically involves only the ________ tool. 14) Business intelligence technologies are A).
6 Views
View Answer
18) Integrated reporting combines two different types of reports into one report to better explain and enterprise's ability to create and sustain value. What is the challenge this benefit must address? Objective 6 1) What are Novo Nordisk's long-term financial goals? 2) What are Novo Nordisk's three dimensions of social performance? 3) Buildings in.
9 Views
View Answer
Objective 5 1) Cloud computing uses remote computing facilities owned by third parties to run software applications and store files. 2) The cloud is typically accessed over an intranet. 3) With IaaS, an enterprise rents programming languages, operating systems, networks, and storage needed for deploying or developing applications. 4) With SaaS, an enterprise rents.
6 Views
View Answer
Objective 3 1) Business intelligence technologies are typically under the control of the enterprise's IT professionals. 2) Shadow data typically includes analytics, data mining, and predictive modeling. 3) ________ is used when data is stored in spreadsheets and other tools that shadow the formal accounting system. 4) A digital dashboard, an interactive tool that.
8 Views
View Answer
Objective 1 1) Technological advances in the past 15 to 20 years make it very difficult to integrate the accounting system with other systems. 2) Silo systems were usually built on platforms (hardware and operating systems) that best fit an individual department needs. 3) The Internet permits remote sites to use a central.
22 Views
View Answer
11) The success of a framework or model is often based upon not perfection, but ________. 12) In order to be effective, the sustainability report must provide information about the organization's sustainability performance in a relatively straightforward and understandable manner. In business, this is described as the ________. 13) The ________.
6 Views
View Answer
21) What is a local area network (LAN)? 22) What is a client server architecture? 23) Why did many companies install new integrated enterprise systems at the turn of the millennium? 24) Provide an example of how the integrated enterprise system technology permits data to flow through functional areas as it passes through.
12 Views
View Answer
Objective 2 1) Sustainability is transformational business, transforming business from a focus on bottom line profit to a holistic view of the business as an integral part of a larger system. 2) For many corporations, decisions in the short run often produce extraordinary profits and the results are sustainable in the long.
7 Views
View Answer
9) What is the integrative decision model? 10) What is a quantitative factor? Provide an example. 11) What is a qualitative factor? 12) Create/draw the IDM template. 13) The IDM consists of seven basic steps as a framework for the decision-making and evaluation process. List these steps in order. 14) List and explain the seven.
7 Views
View Answer
Objective 2 1) A well-designed integrated enterprise system offers live information that facilitates business agility. 2) Overestimating implementation costs is a leading cause of project failures. 3) Integrated systems can improve all the following EXCEPT A) Communication B) Coordination of activities C) Reduction of duplication D) Shifting to functional silos 4) One of the benefits of an integrated.
9 Views
View Answer
11) How does sustainability accounting impact people? A) Accountants collect the same type of data. B) Customers expect more people-friendly products. C) Vendors may be asked to provide less energy efficient products. D) Employees will not need to modify business processes. 12) How does sustainability accounting impact technology? A) Sustainability accounting has no impact on technology. B).
7 Views
View Answer
Objective 5 1) Business process maps can also be used to document processes for correcting and closing entries. 2) The ________ module consists of other events and transactions that do not fall into the vendor, customer, employee, or banking modules. 3) The financial modules usually includes the following activities EXCEPT A) Make correcting entries B).
9 Views
View Answer
Objective 4 1) Integrated enterprise systems, such as SAP, are able to integrate with customer systems to share data with customers. 2) SAP software is used around the globe by large companies to integrate supply chain, operations, sales, human resources, and accounting functions. 3) SAP uses a navigation pane with tabs that correspond.
7 Views
View Answer
Objective 1 1) With XBRL, each financial reporting amount is electronically tagged with a description of the data. 2) Credit rating agencies must use XBRL for reporting all ratings beginning in August 2020. 3) XML is a programming language used for Web site development that is static. 4) XBRL is a programming language that.
12 Views
View Answer
15) Define the five guiding principles of integrated reporting. 16) What are the two primary benefits of integrated reporting? 17) Traditional reporting adds more information while integrated reporting attempts to remove clutter and focus on making key connections clear. What is the challenge must this benefit must address? .
8 Views
View Answer