Accounting Expert Answers & Study Resources : Page 707

Short Answer Questions 71.List the four macro- and four micro-level factors managers should consider when they select information technology resources based on the discussion in the text. 72.In your own words, explain the purpose of the capability maturity model. List the levels of the model, and explain each one in your own.

11.Flowcharts should be read: A.From top to bottom and from left to right B.From bottom to top and from left to right C.From top to bottom and from right to left D.From bottom to top and right to left 12.Documents in a flowchart should have: A.A clear origin, but not a clear termination B.A clear termination, but.

41.Booksellers of Bufluffia is a small, independent bookstore that both publishes and sells very specialized titles. They currently have about 50 clients; they publish and sell 30 different books at present. The company's management has asked you to create database tables to support their operations. Which table(s) should be in.

11.An accounting information system captures data that are eventually grouped by account, and then used to prepare general purpose financial statements. The system could be described as: A.A view-driven AIS. B.An event-driven AIS. C.Either a view-driven AIS or an event-driven AIS. D.Neither a view-driven AIS nor an event-driven AIS. 12.Information technology controls, such as a.

Multiple Choice Questions 1.View-driven accounting information systems have been criticized because they: A.Focus on a very small, well-defined group of important business events. B.Often process data in batches. C.Both focus on a very small, well-defined group of important business events and often process data in batches D.Neither focus on a very small, well-defined group of.

Essay Questions 61.Fill in the blanks in each statement below based on the flowchart design considerations discussed in the text.a. Flowcharts should be read from _____ and ______.b. Flowcharts should have plenty of ______.c. Flowcharts should have a ______.d. Flowcharts should be organized in columns that depict ______.e. Documents involved in.

69.IRM Corporation had an outdated, ineffective system for monitoring its fixed assets. You have been asked by the CEO to develop a new system; you have decided to use the systems development life cycle to accomplish the task. For each fixed asset, the system should include the following items: identification.

51.Consider the following partially completed flowchart as you respond to the questions:Which type of flowchart is depicted? A.document B.systems C.hardware D.program 52.Consider the following partially completed flowchart as you respond to the questions:Which of the following phrases would appear in the title of the flowchart: (i) systems flowchart, (ii) interview committee flowchart, (iii) prepared by. A.i.

68.Several items that might appear in a systems flowchart and/or a data flow diagram are listed below. For each item, draw the symbol you would use to represent it in both forms of systems documentation. If no appropriate symbol exists, use an "X."a. Customer checkb. Electronic sales transaction filec. End.

51.Consider the table below as you respond to the questions:QRM is using the seven-step process known as the ___ to develop the modules. A.systems development life cycle B.capability maturity model C.expectancy theory of human motivation D.generalized model of business process management 52.Consider the table below as you respond to the questions:Which of the following is.

21.A data flow diagram can be used: A.Instead of a systems flowchart in AIS work. B.In addition to a systems flowchart in AIS work. C.Both instead of a systems flowchart in AIS work and in addition to a systems flowchart in AIS work. D.Neither instead of a systems flowchart in AIS work nor in.

Check All That Apply Questions 62.For which of the following tasks would a data flow diagram be appropriately used in AIS work? __To accompany systems flowcharts as an aid in understanding an AIS __To assist in the creation of normalized database tables __To break down a process into its component parts __To designate the format.

65.Refer to the previously presented set of flowcharting symbols labeled Symbol A through Symbol J. Which symbol would be used in a systems flowchart to represent each of the following items?1) A bank statement2) Completing the steps in the accounting cycle3) Creating an enterprise risk management plan4) Determining if a.

Multiple Choice Questions: 1.A circle in a data flow diagram represents: A.A data flow B.An external entity C.A database D.A business process 2.A line in a data flow diagram represents: A.A data flow B.An external entity C.A database D.A business process 3.Which of the following is most likely to be represented with a set of parallel lines in a data flow.

31.A properly prepared systems flowchart can be used to: A.Evaluate internal controls in the AIS. B.Determine which processes are completed manually in the AIS. C.Both evaluate internal controls in the AIS and determine which processes are completed manually in the AIS. D.Neither evaluate internal controls in the AIS nor determine which processes are completed.

31.Liam has developed a good process for safeguarding his company's information technology assets. He has talked about his methodology with some of his co-workers and has created a schedule for applying his process to various kinds of information technology assets. Which of the following phrases best indicates the process is.

Multiple Choice Questions: 1.Which kind of flowchart shows the logic associated with instructions given to a computer? A.Systems B.Program C.Document D.Hardware 2.Which kind of flowchart shows relationships between computers, printers, monitors and similar devices? A.Systems B.Program C.Document D.Hardware 3.Which of the following is most likely to be seen in a hardware flowchart? A.Scanner B.Web browser C.Textbook D.None of these 4.Which of the following would best be.

70.Consider the following case as you respond to the next problem:The Festival Theatre produces twelve plays per year. Patrons can buy tickets for a single play; alternatively, they can purchase a season pass for either three plays or six plays. Three-play passes offer a 10% discount from the prices of.

65.Determine whether each of the following items applies to: (a) view-driven systems only, (b) event-driven systems only, (c) both view- and event-driven systems or (d) neither view- nor event-driven systems.1) Capable of generating a balance sheet2) Captures a more comprehensive data set3) Comprises five basic parts4) Converts information into decisions5).

63.Nancy and Mei were designing a system for tracking continuing professional education units for accountants in their firm. They completed the tasks listed below; rearrange the tasks in the proper order based on the steps in the systems development life cycle. The new system was introduced gradually throughout the accounting department. Employees.

Essay Questions 62.Fill in the blanks below based on the weaknesses of view-driven AIS described in the text.a. They focus on a very small, well-defined group of important ___.b. They often process data in ___, frequently at the ___.c. The data in a view-driven AIS are often ___ because of when.

65.Specify the data flow diagram symbol that would be used to represent each item in the list below.a. Bankb. Checkc. Disburse cashd. Inventory master filee. Purchase/inventory filef. Purchase inventoryg. Purchase orderh. Vendori. Vendor filej. Vendor invoice 7-1 .

Short Answer Questions 71.List the six design principles associated with flowcharting discussed in the text. 72.Consider the process you use to register for courses and pay your fees each term. Referring to the previously presented set of flowcharting symbols labeled Symbol A through Symbol J., give one specific example of Symbols A,.

21.Consider the following flowchart symbols as necessary as you respond to the remaining questions in this chapter:Symbol A depicts: A.A decision. B.A terminator. C.A document. D.A predefined process. 22.Consider the following flowchart symbols as necessary as you respond to the remaining questions in this chapter:Symbol C depicts: A.An off-page connector. B.An on-page connector. C.A manual process. D.A database. 23.Consider the.

51.Consider the following diagram as you answer the questions:The most appropriate label for "A" is: A.applicant B.application materials C.submit application materials D.some other label 52.Consider the following diagram as you answer the questions:The most appropriate label for "B" is: A.perform initial screening B.record receipt of application materials C.either perform initial screening or record receipt of application materials D.some other.

11.Which of the following statements best represents a disadvantage of using the systems development life cycle? A.It is the only methodology available for systems design projects. B.Its steps should be completed in a very specific order. C.It minimizes user involvement in the system. D.All of these are disadvantages of the SDLC. 12.Which of the following.

69.Determine which of the following statements are: (a) true for systems flowcharts only, (b) true for data flow diagrams only, (c) true for both or (d) true for neither.1) Can be prepared using information technology tools2) Clearly specifies responsibility for business processes3) Commonly thought of as the one best way.

31.Consider the following short case as you respond to the next nine questions:ABC Consulting's employees include management, consultants and office staff. The company accepts engagements related to internal control design and evaluation, as well as enterprise risk management plans. A customer can purchase the two services independently of one another..

66.Consider the partial data flow diagrams shown below. Match each one with the item it most likely represents.1. Access employee records2. Add comments about vendor3. Deliver goods and bill client4. Interview applicant5. Look up payroll information6. Post transactions to ledger7. Reconcile bank statement and record related journal entries8. Review vendor.

21.Raul was leading a team charged with developing a new system for budgeting. If he decides to use the systems development life cycle: A.The project will fail, since the SDLC cannot be applied to the task. B.Forming the team is a result of the first step in the SDLC. C.The team must completely.

64.Most AIS designers and auditors find it best to start a REA model by identifying events, which come in three broad categories: operating, information and decision/management. Which category best describes each item below?a. Buying suppliesb. Deciding how to document an AISc. Designing internal controlsd. Developing a risk management plane. Issuing.

66.The chapter discussed four types of flowcharts; flowcharts can impact the design, implementation and evaluation of an accounting information system. Determine whether each statement below is: (i) always true, (ii) sometimes true or (iii) never true.a. A document flowchart should be used as part of developing an enterprise risk management.

41.Refer to the following case as you respond to the question:The Celebration Theatre is a small, independent theatre that puts on 12 plays per year. 30 days before the start of each calendar quarter, Celebration prepares advertising for the productions in the upcoming quarter. They advertise on their web site,.

Essay Questions 63.Fill in the blanks below based on the rules/conventions associated with data flow diagrams presented in the text.a. A data store has a ___ phrase label.b. A process has a ___ phrase label.c. No process can have only ___. If an object has only ___, it must be a.

11.Which of the following statements about systems flowcharts and data flow diagrams is most true? A.Lines are used in both, but they represent different things. B.Circles are used in both, but they represent different things. C.Both lines are used in both, but they represent different things and circles are used in both, but.

Check All That Apply Questions 64.Indicate which of the following items are advantages of using the systems development life cycle to design and implement an accounting information system. __Always has the same set of seven steps __Does not allow an organization to purchase off-the-shelf software __Ensures an organization's process is at least "defined" using.

63.The chapter discussed four types of flowcharts. Which one would be most appropriately used in each of the following independent situations?a. Demonstrating how to create a procedures manualb. Explaining what happens in a financial statement auditc. Illustrating the steps in the accounting cycled. Showing the relationship between computers and printers.

Check All That Apply Questions 61.Which of the following statements are true based on the REA model provided? __A sales transaction may involve five different inventory items. __All employees are in the sales department. __At least one foreign key will be present in the "sell inventory" table. __Every customer is assigned a specific sales representative. __Human.

Essay Questions 65.Sylla and Wen suggested a three-stage process for evaluating information technology investments. At which step in their process would you expect to address each of the following items?a. Ability to do things more efficientlyb. Better use of organizational resourcesc. Encouragement from top managementd. Fire suppression systemse. Impact on a.

51.Consider the following illustration as you respond to the questions:The illustration would best be described as: A.a pair of systems flowcharts B.a leveled set of data flow diagrams C.a comprehensive set of data flow diagrams D.two pages of a systems flowchart 52.Consider the following illustration as you respond to the questions:"Diagram X" is: A.A context flowchart B.A.

Ranking Questions 61.Arrange the steps in the systems development life cycle in their usual order of occurrence. Test Operations and maintenance Implementation Design Build Requirements analysis Initiation/planning 62.Arrange the levels of the capability maturity model in order from least mature to most mature. Optimized Managed Chaotic Repeatable Defined 5-1 .

Multiple Choice Questions 1.In the systems development life cycle, which step immediately precedes implementation? A.Build B.Test C.Maintain D.Planning 2.In the systems development life cycle, which step immediately follows requirements analysis? A.Design B.Build C.Test D.Operate 3.MCL Corporation recently hired a consultant to design and implement a new information system. The consultant was trying to decide whether to discard the old system all.

Short Answer Questions 72.List and discuss two ways data flow diagrams are used in accounting information systems work. 73.Data flow diagrams incorporate four symbols. List the symbols; for each one, give two examples of how it might be used in a DFD. 74.The Festival Theatre produces twelve plays per year. Patrons can buy.

41.Based on the principles of normalization, an inventory table would include all of the following fields except: A.Transaction number B.Item code C.Description D.Beginning quantity on hand 42.Consider the following REA model as you answer the question:How many database tables will be required by the preceding REA model? A.Four B.Five C.Six D.Some other number The model requires one table for each.

67.Which level of the capability maturity model best describes each of the following business processes?a. After consulting the company procedures manual and her supervisor for guidance, Lindsay developed a more detailed description of the invoice payment process.b. After developing a rigorous description of the purchase order process, Joe set a.

21.Consider the following REA diagram as you respond to the question:How many agents are represented in the model? A.One B.Two C.Three D.Four 22.Consider the following REA diagram as you respond to the question:Which of the following is an internal agent in the model? A.Vendor B.Purchasing agent C.Both vendor and purchasing agent D.Neither vendor nor purchasing agent 23.Consider the following REA.

31.Please refer to the following case as you answer the question:Comprehensive Waste Management (CWM) provides trash hauling services for several communities in southern California. When a new client wants to establish service, the client calls the company's main office on the phone. A CWM employee collects the following information from.

41.Please consider these independent cases as you respond to the question:• Austin is the managing partner of a small CPA firm. In an effort to standardize certain internal business processes, Austin formed a team that developed a set of guidelines for tasks such as expense reimbursements and information technology purchases..

68.Please refer to the following flowchart as you respond to the next problem: 69.Prepare a systems flowchart based on the following case: The Celebration Theatre is a small, independent theatre that puts on 12 plays per year. 30 days before the start of each calendar quarter, Celebration prepares advertising for the.

67.Bumble Beasley wanted to create three database tables for the information items shown below: supplies table, purchases table and purchases/supplies table. Apply the principles of normalization to show how he should organize them. Specify primary keys by underlining and foreign keys with bracket"As of" date for beginning inventoryBeginning quantity on.