Info
Warning
Danger

Accounting Expert Answers, Study Resources & Learning Aids

The vast field of accounting contributes to one of the largest subjects in our study resources. Accounting flashcards, homework answers for textbooks & other learning aids can increase your competency in this domain instantly. Become a top student with our support. Search Now…

Ask an Expert

Our Experts can answer your tough homework and study questions.

Answers in as fast as 15 minutes
Post a Question
Objective 3 1) Database fields are pieces of information about event, people, and objects. 2) To retrieve data stored in a relational database, each record must have one or more unique identifier. 3) What IT professionals call people or things, accounting professionals call objects. 4) A database table that stores data about items a.
7 Views
View Answer
39) In a relational database, how are tables connected? A) By a query statement B) By network addresses C) By the tables names D) By fields that are common in two or more tables 40) The following fields are common to tables storing customer, vendor, and employee information EXCEPT A) City B) Area Code C) Cost D) State 41) Which.
7 Views
View Answer
28) To record a payment for inventory delivered, the information would be entered in a screen that looks similar to which paper form? A) Sales receipt B) Check C) Invoice D) Purchase order 29) To record an inventory order, the information would be entered in a screen that looks similar to which paper form? A) Sales.
11 Views
View Answer
21) To obtain a deep understanding of the underlying business of an enterprise system servers, you need to ask key questions. What are those questions? 22) How does an enterprise system support people in the same company to perform different but related business activities? Please provide an example. 23) You are an.
5 Views
View Answer
Objective 3 1) The Vendors Module of a baseline accounting system relates to the sales cycle. 2) The Customer Module of a baseline accounting system includes creating purchase orders. 3) The Banking Module of a baseline accounting system includes bill paying transactions. 4) Accounting software often includes a navigation screen that represents the major.
7 Views
View Answer
10) Implementing a new system at a branch location before company-wide adoption is called A) direct conversion. B) parallel conversion. C) phase-in conversion. D) pilot conversion. 11) Which of the following activities is not part of data conversion? A) changing data content B) moving file servers C) changing file formats D).
9 Views
View Answer
Objective 4 1) Database anomalies are limited to databases using a network structure. 2) Intersection tables do not remove duplicate records from tables that have a many-to-many relationships. 3) To maintain primary key integrity, a relational database designer will not allow a primary key to have a null (empty) value. 4) Referential integrity ensures.
7 Views
View Answer
Match the database table to the appropriate transaction cycle. A) Banking Cycle B) Sales Cycle C) Purchasing Cycle D) Financial Cycle E) Payroll Cycle 11) General Ledger Diff: 1 Objective:  Q2.3 How do I build an accounting database? 12) Account Transactions Diff: 1 Objective:  Q2.3 How do I build an accounting database? 13) Time Worked Diff: 1 Objective:  Q2.3 How do I build an.
9 Views
View Answer
11) When a database has been normalized, which of the following is true? A) The database has an increased chance of inconsistencies. B) The database requires the user to enter data twice. C) The database tables do not have a many-to-many relationship. D) The database has an increased chance of redundancies. 12) Which database integrity.
8 Views
View Answer
59) What is the difference between data, information, and business intelligence? 60) What are the three vital functions an accounting system servers? Please define each. 61) What are the advantages and disadvantages of using a shadow data system? 62) What may be classified as an information asset? Please provide an example. .
7 Views
View Answer
16) The ________ method calculates and compares the processing times of different AIS to compare system performance. A) benchmark problem B) mandatory requirements C) point scoring D) requirements costing 17) What is a drawback to using the requirement costing method of software and hardware evaluation? A) Dollar estimates of costs.
16 Views
View Answer
Objective 1 1) An IT auditor must understand the terms and definitions used by accounting and IT professionals. 2) Which of the following are NOT part of the basic functions of an enterprise system? A) Hiring B) Output C) Input D) Processing 1) A Supply Chain Management (SCM) system is a subsystem of an Accounting System. 2) Activities.
15 Views
View Answer
22) The accounting system's front-end user interface is serviced by which three database essentials? What service does each database essential perform? 23) You are an accountant at a medium-sized company, your boss asks you to evaluate the interface of an accounting she is thinking about purchasing. What interface characteristics do you.
8 Views
View Answer
21.7   Explain what computer-aided software engineering is and how it is used in systems development. 1) Which is not a problem with CASE technology? A) cost B) incompatibility C) lack of system documentation D) unmet expectations 2) Which of the following were CASE tools not designed to do? A) replace skilled designers B).
12 Views
View Answer
16) The system objective concerned that crucial information be produced first, and then less important items as time permits, is known as A) flexibility. B) reliability. C) timeliness. D) usefulness. 17) A prototype A) is expensive to create and is therefore only created once user needs are well-defined. B) is making an.
15 Views
View Answer
42) When designing accounting database tables, how can we ensure the database will support the data needed by the enterprise? How can this information be collected? 43) What is the purpose of a foreign key? Provide an example. 44) Describe the types of relationships possible between tables in a relational database. Indicate.
9 Views
View Answer
Objective 2 1) Data stored in a data warehouse is used for routine business activities. 2) The ________ is responsible for managing the enterprise's databases. 3) Data stored in a ________ may be current data, historical data, or future estimates. 4) In a ________ database structure, a parent record can have many child records.
11 Views
View Answer
31) The project development committee for Photomat Incorporated is discussing output design alternatives for a new, organization-wide accounting information system. There is a heated debate among the team regarding whether the quarterly sales report be printed on paper, be viewable only on-screen, or be distributed as an e-mail. Mark prefers.
6 Views
View Answer
21.2   Explain how information systems departments develop custom software. 1) Which approach systems acquisition is generally costly and labor-intensive? A) canned software B) custom software C) modified software D) turnkey software 2) There are frequently many canned software packages are available. However, many companies choose to develop their own software. Why? A) An organization may have.
7 Views
View Answer
26) Identify the item below that is not generally part of an implementation plan. A) implementation tasks B) expected completion dates C) cost estimates D) budgeted savings 27) Which of the following is not generally changed when a company's accounting information system is changed? A) employee compensation B) the organization's structure C) employee headcount D) All of the above.
12 Views
View Answer
Objective:  Q2.1 What role does the database play in an accounting system? 11) Which of the following is NOT a tier in the accounting system architecture? A) Report tier B) Database tier C) User tier D) Application tier 12) Which tier in the accounting system architecture that consists of onscreen forms? A) User tier B) Application tier C) Database.
9 Views
View Answer
22.1   Discuss the conceptual systems design process and the activities in this phase. 1) In which phase of the SDLC does developing a general framework for implementing user requirements occur? A) conceptual systems design B) implementation and conversion C) operations and maintenance D) physical design 2) The ________ is responsible for evaluating the.
25 Views
View Answer
9) Describe outsourcing and identify the two types of outsourcing agreements. 10) Discuss how information system outsourcing can provide the organization with both a business solution and asset management. 11) WorldWide Supermarket, a grocery store with 5,000 locations around the world surprised financial markets by announcing that it was selling.
10 Views
View Answer
Use the database table below to answer the following questions. 14) You are an accountant at a small company and you are reviewing the vendor database table. Identify the database anomalies shown and explain how they impact this database. 15) What suggestions would you give the database designer? How should the database.
15 Views
View Answer
Objective 4 1) Processes are related activities or events that create value. 2) An IT audit includes auditing the System Development Life Cycle (SDLC). 3) What are the three key factors to consider for a successful accounting system? A) People, budget, and time B) Time, processes, and technology C) People, processes, and technology D) Processes, budget, and.
9 Views
View Answer
21.5   Explain the principles and challenges of business process management. 1) Business Process Management views business processes as A) strategic organizational assets. B) a series of small tasks to be closely managed. C) related activities that, once perfected, should be managed on an exception basis. D) subsets of organizational strategy that should not be owned.
8 Views
View Answer
18) When looking at an accounting system using the aerial view, you see A) Detailed information recorded in the accounting system B) Information available on the tax reports for the Internal Revenue Services and other tax agencies C) Accounting information available to internal users, primarily management D) An enterprise-wide view of an organization showing.
5 Views
View Answer
21.1   Describe how organizations purchase application software, vendor services, and hardware. 1) Identify the statement below that is false with regards to the development of an AIS. A) A newly designed AIS always meets user needs for a time period. B) Changes to the AIS are often difficult to make after requirements.
26 Views
View Answer
31) Identify one of the benefits associated with procuring software from application service providers. A) lower cost B) scalability C) greater effectiveness D) faster processing speed 32) When an organization seeks to modify canned software, it is best when ________ because unauthorized modifications may make the program unreliable. A) the vendor modifies the software B) a firm.
8 Views
View Answer
21.3   Explain how end users develop, use, and control computer-based information systems. 1) Which of the following is not an appropriate task end users to perform? A) performing statistical analyses B) preparing schedules and lists C) retrieving information from databases D) updating database records 2) What is the basic function of a.
8 Views
View Answer
31) Which of the relationships below is a many-to-many relationship? A) CUSTOMERS, SALES ORDERS B) SALES ORDERS, ITEMS C) ITEMS, SO LINE D) SO LINE, CUSTOMERS 32) The ________ table is an intersection table. A) CUSTOMERS B) SALES ORDERS C) ITEMS D) SO LINE 33) By using an intersection table, which field can be removed from the SALES ORDERS table? A).
12 Views
View Answer
Objective 1 1) Accounting systems usually use a GUI to increase the ease of entering and retrieving accounting data. 2) The accounting interface connects the accountant user to the database behind the screen. 3) The user interface does not need to provide way for the user to query the database. 4) Software interfaces today.
20 Views
View Answer
20.6   Discuss the key issues and steps in systems analysis. 1) During ________ of systems analysis, an examination made of each development activity to define the problem to be solved. A) information needs and systems requirements B) the feasibility study C) the initial investigation D) the systems survey 2) When is a.
5 Views
View Answer
11) What does the accounting interface connect the user to? A) Database management system B) Database query C) Database D) Database reports 12) Virtually all accounting software uses databases to A) Store accounting data B) View database forms C) Navigate the accounting system D) Run database queries 13) Which of the following is NOT a component of the.
10 Views
View Answer
21) An intersection table's primary key is a(n) ________. 22) Generally, the relationship between a table that stores customer data and table that stores sales order data is ________. 23) Generally, the relationship between a table that stores sales order data and a table that stores inventory data is ________. 24) Database fields.
9 Views
View Answer
12) End-user development is inappropriate for which types of systems? A) systems that process a large number of transactions B) systems that need to be developed rapidly C) systems that must be easy to use D) organizations that have large IT departments 13) Identify the system below that is likely to be most appropriate for.
9 Views
View Answer

Can't find what you're looking for ?

Ask our exprts a study questions, on us.
Get free Homework Help*