Info
Warning
Danger

Study Resources (Accounting)

60.  Database creation AMB Corporation wants to create database tables to track its purchases of inventory. Several fields are listed below; organize them into three normalized database tables. Indicate primary keys by underlining and foreign keys with brackets. Some of the fields may be used more than once; some may.
4 Views
View Answer
63.The steps in the systems development life cycle are described below.  For each description, indicate the step that is described AND the order in which the step occurs. Order of occurrenceSDLC phase name Description Activity can be parallel or direct cutover Managers recognize a void in the organization Recognizes the dynamic nature of information systems System goals.
2 Views
View Answer
54.  Database table design Several independent statements regarding database table design appear below. Indicate the highest normal form that applies to each statement: (a) first normal form, (b) second normal form, (c) third normal form or (d) not in any normal form. ______ 1. A sales staff/automobile table connects two tables:.
4 Views
View Answer
Short answer: The following scenario applies to Questions 61 – 65: Michael and Michelle are partners in M & M Consulting, a firm that specializes in technology-related issues for accounting information systems. They are currently working with a large publicly-traded corporation to implement XBRL for financial reporting to the SEC. The partners.
5 Views
View Answer
Multiple Choice Questions 1.The "X" in "XBRL" stands for: a.Extension.b.Excel.c.Extensible.d.Ex officio. 2. In terms of its relationship to XML, XBRL is a(n): a.Namespace.b.Specification.c.Taxonomy.d.Instance document. 3. XBRL comprises several ___, often based on industry groups. a.Specifications.b.Instance documents.c.Namespaces.d.Taxonomies. 4. XBRL provides a(n) __ for understanding financial information. a.Context.b.Instance document.c.Fixed set of tags.d.Hardware-dependent software. 5. XBRL is an application of: a.HTML.b.XML.c.GAAP.d.RSS. 6. Which.
11 Views
View Answer
Problems 51. XBRL terminology. Fill in the blanks below with appropriate words/phrases to define the indicated XBRL terminology. a. A ______ is a particular example of a larger group. XBRL is part of a larger group of languages referred to as ______.b. A ______ is a way to organize knowledge. XBRL.
3 Views
View Answer
52.Data flow diagram symbols Several items that might appear in a data flow diagram appear on the left; the common symbols associated with data flow diagrams appear on the right. Match each item on the left with the most appropriate symbol. ______ 1. Assemble raw materials.______ 2. Credit decision.______ 3. Customer.______.
4 Views
View Answer
21.  All of the following are strategically significant operating events except: a.Record operating cash flow.b.Purchase operating supplies.c.Sell merchandise.d.Hire operating employees. 22. "Apply for financial aid" is an example of a(n) __ event. a.Operating.b.Information.c.Decision.d.Strategic. 23.  In a REAL model, the main difference between "internal" and "external" agents is: a.Internal agents do not require a database table.b.External.
4 Views
View Answer
The data below applies to Questions 41 through 45: A relational database in an event-driven accounting information system contained the following tables:Customer table: Customer ID, date of last visitPrepare drink table: Order number, drink name, quantity prepared, customer ID, employee IDPrepare drink/ingredients table: Drink name, ingredientPrepare drink/receive payment table: Transaction number,.
5 Views
View Answer
31.The Capability Maturity Model comprises five levels.  Which of the following best exemplifies a chaotic business process? a.Ashok runs the taxation department at MLV Corporation.  When MLV was preparing for its initial public offering of stock, Ashok consulted the corporate procedures manual for guidance on his role in the process. b.Chris is.
4 Views
View Answer
57. Tagging software Which of the following statements about tagging software are facts?  Place an “X” in the space provided for those that are.  ______a.  Human judgment is relevant when tagging software is used. ______b.  Some tagging software packages function as add-ins to other software.______c.  Tagging software should only be used when.
3 Views
View Answer
Multiple Choice Questions 1. Which of the following is the most important defining feature of e-commerce? a.Web sites.b.Computer networks.c.Virtual stores.d.Proprietary networks. 2.  E-business offers benefits to companies in all of the following areas except: a.Marketing.b.Operating costs.c.Product delivery.d.Customer trust. 3.  Companies entering the e-business market can potentially reduce operating costs related to: (i) marketing, (ii).
8 Views
View Answer
59.  Complex REAL model creation. Members of the accounting club at Big State University often incur expenses on behalf of the club, such as refreshments for meetings and publicity supplies. When a member incurs such expenses, he/she presents a receipt to the club treasurer. The club treasurer prepares a disbursement.
3 Views
View Answer
54.  View- and event-driven systems Match each statement on the left with the most appropriate item on the right. ______ 1. Associated most closely with general ledger software.______ 2. Capable of producing general purpose financial statements.______ 3. Closely associated with the steps in the accounting cycle.______ 4. Connected most closely with enterprise.
4 Views
View Answer
11.In which phase of the systems development life cycle would an accountant first prepare a systems flowchart? a.Initiation / planning b.Requirements analysis c.Design d.None of the above 12.At which step of the systems development life cycle would you first create specifications for database tables? a.Initiation / planning b.Analysis c.Design d.Requirements specification 13.Creating a custom-designed invoice with general ledger software would.
7 Views
View Answer
56.  Data flow diagram creation The Rancho Cucamonga Humane Society is open from 7 a.m. to 7 p.m., seven days a week. They maintain a computerized inventory of animals available for adoption, which includes: animal type (dog, cat, bird), breed (basset hound, parakeet), gender, approximate age, date placed at the.
5 Views
View Answer
Problems 51.  Limitations of view-driven systems: Fill in the blanks below according to the limitations identified by Walker and Denna. Each blank may include a single word or an entire phrase. a. Data in a view-driven system are highly ______ and are stored in ______.b. In view-driven systems, the ______ process.
3 Views
View Answer
65.The narrative below describes a project using the systems development life cycle.  From the narrative, select one phrase that describes each of the phases in the SDLC; then, suggest one additional action that could occur in each phase.  The first item is done as an example. Eric and Gloria recently started.
3 Views
View Answer
Short answer The following scenario applies to Questions 61 through 65: Paige and Piper work in the accounting departments of two different corporations in the same geographic area; the companies' sales processes are very similar. When Paige's boss asked her to document the sales process, she created the data flow diagram shown.
5 Views
View Answer
11. Dragon Tag, CoreFiling Ltd. and TagEzee are examples of: a. instance documents. b.  taxonomies. c.  tagging software. d.  instance tagging taxonomies. 12. When using software like Dragon Tag, marking up financial data with XBRL is a matter of: a.Dragging and dropping.b.Typing and scanning.c.Scanning and dragging.d.Typing and dropping. 13.As a form of internal control, password protected access.
8 Views
View Answer
Problems 61.The phases of the systems development life cycle are listed below.  Number the phases in the order of their occurrence. ___Build ___Design ___Implementation ___Initiation / planning ___Operations and maintenance ___Requirements analysis ___Test 62.The capability maturity model comprises five levels.  Fill in the blank with the name of the appropriate level in each of the following independent items. “Big picture”.
4 Views
View Answer
63.  Explain the cardinalities between each of the following: Receive application & payment, club officer.Receive application & payment, verify grades.New member, initiate new member. 64.  List three queries Glenda could construct from the club's event-driven accounting information system. Explain why the queries could not be Ansed with a view-driven system. 65.  What.
7 Views
View Answer
31.Kevin is preparing a presentation on XBRL for a group of financial executives. Which of the following best illustrates the meaning of "X" in XBRL? a.The existence of new languages that were unknown fifty years ago.b.Terms that have changed meaning in the last thirty years.c.The process of updating a dictionary every.
4 Views
View Answer
21. All varieties of taxpayers can access information from the web site of the California Franchise Tax Board (FTB). Therefore, the FTB is participating in which form(s) of e-commerce: (i) G2B, (ii) B2B, (iii)G2C. a.i and ii only.b.i and iii only.c.ii and iii onlyd.i, ii and iii. 22. Which of the following.
2 Views
View Answer
Short answer questions The following scenario applies to Questions 61 through 65: Glenda is the membership director of her university's accounting honor society. She is interested in developing an event-driven accounting information system for the club, and has developed the REAL model below as a start. Memberships in the honor society expire.
3 Views
View Answer
67.Several statements about the advantages and disadvantages of using the systems development life cycle are listed below.  Indicate whether each one is:  (a. always true, (b. sometimes true or (c. never true.  You do not need to provide explanations for those that are sometimes true. a.Compared to other ways of developing.
5 Views
View Answer
56. XBRL structure   Indicate the element of XBRL that best describes each of the following items. ______a. <ifrs-gp:PlantAssets>.______b. Banking and Savings Institutions.______c. Commercial and Industrial.______d. Form 10-K.______e. http://www.xbrl.org/us/fr/gaap/ins/.______f. Income statement.______g. Relationship with XML.______h. Statement of Cash Flows.______i. URL for SEC certification terminology.______j. User-created terminology. .
2 Views
View Answer
55.  Basic REAL model construction. Draw the REAL model components, including cardinalities, indicated by each of the following independent situations. a. One or more flight attendants supervise the boarding process for many passengers on an airplane.b. One photographer uses a digital camera to take pictures of several students in a single.
6 Views
View Answer
Short answer The following scenario applies to Questions 72– 76: Reed and Sue own Restoration Unlimited, a business specializing in refurbishing art and antiques.  A client, for example, might bring in an antique table and chairs; Reed and Sue would use their expertise to strip away old paint, repair any structural defects.
6 Views
View Answer
69.Descriptions of four independent business processes in different organizations appear below.  Revise the description of each process so that it moves up one level in the Capability Maturity Model.  For example, if a process description indicates that it is “chaotic,” revise the description to make it “repeatable.” a.Julie is a real.
5 Views
View Answer
Multiple Choice Questions 1.Which of the following steps in the systems development life cycle occurs first? a.Build b.Design c.Operations / maintenance d.Test 2.Which step of the systems development life cycle occurs immediately after implementation? a.Initiation / planning b.Design c.Review d.Operations and maintenance 3.Which of the following lists three stages of the systems development life cycle in order of their occurrence? a.Requirements analysis,.
15 Views
View Answer
21.Rich and Drew work in the accounting department of TPIR Corporation.  They want to expand the use of TPIR’s enterprise resource planning system into their department to facilitate the consolidation of financial information from TPIR’s various geographic locations.  Sue, a colleague in the information systems department, has suggested they use.
4 Views
View Answer
The case below applies to Questions 31 through 35: Marsha is considering two accounting information systems for implementation in her organization. 31.  Which system(s) is (are) most likely to be view-driven? a.System A.b.System B.c.Both System A and System B.d.Neither System A nor System B. 32.  Which system(s) is (are) most likely to be event-driven? a.System.
3 Views
View Answer
41.Which of the following correctly pairs a stage of the systems development life cycle with an activity likely to occur in the stage? a.Observation of current system, requirements analysis b.Building a flowchart, build c.Planning a user reference manual, initiation & planning d.Making journal entries, design 42.Which of the following correctly pairs a stage of the.
2 Views
View Answer
11. ERP implementation projects involve: (i) business process issues, (ii) human resource issues, (iii) information technology issues. a.i and ii only.b.i and iii only.c.ii and iii only.d.i, ii and iii. 12.Which of the following companies experienced an ERP implementation failure? a.Hershey.b.Marathon Oil.c.Both Hershey and Marathon Oil.d.Neither Hershey nor Marathon Oil. 13.Which of the following.
3 Views
View Answer
53.  Data flow diagram and flowchart comparison Indicate whether each of the statements applies to: (a) data flow diagrams only, (b) flowcharts only, (c) both data flow diagrams and flowcharts or (d) neither data flow diagrams nor flowcharts. ______ 1. "Marketing department" and "customer" denoted by rectangles.______ 2. Column headings read.
6 Views
View Answer
57.  Data flow diagram and flowchart comparison The systems flowchart below depicts a typical appointment process for Dr. M. Ali, an internal medicine specialist. In Dr. Ali's office, a nurse also functions as a receptionist. "Vital signs" include weight, temperature and blood pressure. The "chart" is the record of all.
4 Views
View Answer
Multiple Choice Questions 1. The two basic types of accounting information systems discussed in the text are: a.View-driven and technology-driven.b.Technology-driven and event-driven.c.Technology-driven and paper-driven.d.View-driven and event-driven. 2.  View-driven systems best support which of the following tasks? a.Preparing general purpose financial statements.b.Querying a database.c.Producing diverse reports for decision making.d.Deciding which events to record in the.
13 Views
View Answer
51. Macro-level factors to consider in IT adoption decisions include all of the following except: A. Adaptability. b. Financing. c. Personnel involvement. d. Strategic fit. 52. Which of the following is a macro-level factor to consider in IT adoption decisions? a. Cost. b. Adaptability. c. Vendor reliability. D. Need. 53.   How many of the following are micro-level factors.
2 Views
View Answer

Welcome Back!

ScholarOn has more then 20 Million answers, flashcards & more being added everyday!

or
Forgot?
Login
Don't have an account? Signup

Join ScholarOn

ScholarOn has more then 20 Million answers, flashcards & more being added everyday!

or
Signup
By registering, I agree to the Terms and Privacy Policies
Already have an account? Log in

Verify Your Email

Check your inbox & click on the link to activate your account.

Resend Email
Verification Mail Send Successfully. Please Check Your Email.

Forgot Password

Please enter your registered email to recieve the password reset link.

Send reset link
Already have an account? Log in
Did you know?

ScholarOn has more than 2 Million+ answers, textbook solutions & flashcards. Explore Now!

d
Let us boost your grade together!

Get 24/7 homework help from Experts

Let our knowledge be your backup

1

Submit your homework question or assignment

2

Receive a quote & Make the Payment

3

Sit Back & Relax to Earn Better Grades!

Drag files here or Browse your Device

Maximum file size 10MB
17,475 Accounting Questions Answered! Get Answer

We are The Best Because

  • On Time Delivery
  • Plagiarism ReportFree
  • Unlimited RevisionsFree
  • 100% Privacy & Confidential
  • 24/7 Live Chat Support
4.9 (16125 Ratings)
You can communicate directly with your expert until the solution quality is delivered to your complete satisfaction.
Looking for writing help?
Did you know?

ScholarOn has more than 2 Million+ answers, textbook solutions & flashcards. Explore Now!