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Chapter 14 MULTIPLE CHOICE 1.The general ledger and reporting system consists of the __________ involved in __________ the general ledger and __________ reports. a)business transactions; updating; processing b)data processing; business transactions for; printing c)information processing; updating; creating d)business transactions; data processing; preparing 2.Which item below is not considered a major input to.

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11.An example of an event is a)employees b)customers c)sales d)cash 12.An example of a resource is a)employees b)customers c)sales d)cash 13.An example of an agent is a)customer b)sales c)cash d)inventory 14.What does the acronym REA mean? a)resources, events, agents b)resources, entities, agents c)relations, events, agents d)relations, entities, agents 15.In the REA data modeling technique, the identifiable objects that have economic value to the.

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51.Which of the following diagrams represents the cardinality for a matrix style of organization? a)       b)       c)       d)       52.Which of the following accurately represents the cardinality for the two entities in the HR/Payroll cycle? a)       b)       c)       d)       53.Which of the following accurately represents the cardinality for the two entities in the.

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SHORT ANSWER 79.Define an HRM/payroll cycle.  What are the basic activities in an HRM/payroll cycle? 80.List the various ways used to compensate employees. 81.What are different types of deductions in payroll? 82.Why are accurate cumulative earnings records important? 83.Explain the functions of the payroll register, deduction register, and earnings statement. 84.What.

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Chapter 17 MULTIPLE CHOICE 1.Explicitly identifying the different employees who participate in each event by their job functions is helpful when verifying a)Internal controls. b)Job descriptions. c)Proper supervision. d)Segregation of duties. 2.Many companies sell software, music, or digital photographs over the Internet. They give up a digital copy of those resources, but not the actual resource.

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51.Adjusting entries to the general ledger are typically provided by the a)budget department. b)controller. c)treasurer. d)chief executive officer. 52.Information about financing and investing activities for use in making general ledger entries is typically provided by the a)budget department. b)controller. c)treasurer. d)chief executive officer. 53.Which one of the following four general ledger activities is not concerned with the preparation of traditional.

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31.The benefits of XBRL include: a)XBRL enables organizations to publish financial information only once, using standard XBRL tags. b)XBRL tagged information is interpretable and doesn't need to be re-entered by users. c)Both are benefits of XBRL d)Neither are benefits of XBRL 32.Communications technology and the Internet can be used to reduce the time and costs.

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41.Where is information traditionally found in journals stored in an REA database? a)Agent b)Event c)Relationship d)Resource 42.Which table is most likely to have a concatenated key? a)customer b)sales c)customer-sales d)none of the above 43.An REA diagram contains five instances of the Customer entity.  How many tables does this require in a relational database? a)one b)two c)three d)four 44.In an REA.

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41.Which one of the following measures four dimensions of performance? a)human resources accounting b)social responsibility accounting c)a balanced scorecard d)integrated databases 42.A report containing measures that relate to the financial, internal operation, customer, and innovation and learning perspectives of an organization is called a(n) a)ERP. b)AIS. c)balanced scorecard. d)data warehouse..

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Chapter 16 MULTIPLE CHOICE 1.Integrating separate REA diagrams developed for individual transaction cycles into a single, comprehensive enterprise-wide data model a)is possible. b)requires understanding what the cardinalities in each separate diagram reveal about the organization’s business policies and activities. c)provides a single comprehensive enterprise-wide model of the organization. d)all of the above are true. 2.An.

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Chapter 15 MULTIPLE CHOICE 1.There are five basic stages in the database design process.  The step which includes developing the conceptual-, external-, and internal-level schema into the actual database structures is known as a)stage one. b)stage two. c)stage three.  d)stage four. 2.Accountants should be involved in __________ aspect(s) of the database design.

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71.Which of the following occurs nearest the start of the payroll cycle? a)Update payroll master file b)Disburse payroll taxes and miscellaneous deductions c)Disburse payroll d)Prepare payroll 72.Which of the following occurs nearest the start of the payroll cycle? a)Update payroll master file b)Disburse payroll taxes and miscellaneous deductions c)Disburse payroll d)Prepare payroll 73.Payroll processing efficiency can be increased by eliminating.

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61.Which one of the following is most likely to be positively correlated with employee morale? a)Turnover rate b)Profitability c)Defect rate d)Overhead 62.The average annual middle-management salary at Folding Squid Technologies is $60,000. If the average turnover rate for middle management is ten employees per year, what is the approximate average annual cost of turnover? a)$300,000 b)$600,000 c)$900,000 d)$1,200,000 63.Which.

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21.The REA data model supports both __________ and __________ types of data. a)financial; nonfinancial b)logical; physical c)planning; control d)traditional; nontraditional 22.Nonfinancial information should be collected because a)it may indicate events that may affect resources. b)it can be used to plan other activities. c)it can be used in transaction processing. d)both.

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51.Which of the following graphical symbols represents a minimum cardinality of zero and a maximum cardinality of many? a)      b)     c)      d)     52.Which of the following graphical symbols represents a minimum cardinality of one and a maximum cardinality of one? a)      b)     c)      d)     53.Which of the following graphical symbols represents a.

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51.In which of the following cases is the relationship between entities not implemented by foreign keys? a)      b)     c)      d)     52.Which entity is likely to be part of both the payroll cycle and the expenditure cycle? a)Receive Goods b)Customer c)Disburse Cash d)Inventory 53.Which entity is likely to be part of both the payroll cycle and the.

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61.In a relational database, which of the following attributes would typically be included in the table that stores data about the Customer entity? a)Invoice number b)Credit limit c)Product code d)Backorder 62.In a relational database, which of the following attributes would typically be included in the table that stores data about the Vendor entity? a)Invoice number b)Outstanding balance c)Product.

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31.In the human resources REA model, the relationship between the Employees and Training is a)1:1 b)1:N c)M:N d)None of the above 32.The ______ relationship between Skills and Recruiting reflects the fact that each advertisement may seek several specific skills and that, over time, there may be several advertisements for a given skill.  a)1:1 b)1:N c)M:N d)None of the.

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31.Developing an REA diagram for a specific transaction cycle consists of how many steps? a)one b)two c)three d)four 32.Developing an REA diagram for a specific transaction cycle consists of steps.  The first step involves a)Identifying events b)Identifying agents c)Identifying resources d)Identifying cardinality 33.Developing an REA diagram for a specific transaction cycle consists of steps. .

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61.Which type of transaction is represented by the diagram below?   a)Cash and carry consumer retail sales b)Consumer retail sales paid in installments to the seller c)Business to business sales of nondurable goods d)Business that allows customers to carry a balance and make installment payments 62.Which type of transaction is represented by the diagram below?   a)Vendors send.

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31.Technological changes a)Do not change the mechanics of accounting procedures. b)Have little effect on accounting process. c)Do not change the need for management reports and financial statements. d)Are more easily adapted using traditional AIS models. 32.REA data modeling a)Can be used only to model financial data. b)Can provide accountants with a method for more easily adapting.

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61.Which of the following accurately represents the cardinality for the two entities in the HR/Payroll cycle? a)       b)       c)       d)       62.Which of the following accurately represents the cardinality for the two entities in the HR/Payroll cycle? a)       b)       c)       d)       63.Which of the following accurately represents the cardinality for the two entities.

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21.A manufacturing company is likely to use __________ to collect employee time data for payroll and job time. a)badge readers b)supervisor's entries c)preprinted time cards d)retina scanning 22.These are used to transmit time and attendance data directly to the payroll processing system. a)Badge readers b)Electronic time clocks c)Magnetic cards d)None of the above 23.Payroll deductions.

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Chapter 13 MULTIPLE CHOICE 1.Which activity below is not performed by the HRM? a)compensation b)training c)discharge d)recruitment and hiring 2.In most companies the HRM/payroll cycle activities are accomplished by two separate systems.  Which task below is typically not performed by an HRM system? a)training b)performance evaluation c)compensation d)recruiting and hiring of new.

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