Scribd
Upload
193 views3 pages

AE 20 Prelim Exam

1. The document contains a 25 question multiple choice exam on accounting information systems. 2. It covers topics like the definition of a system, goals and conflicts within systems, the difference between data and information, information overload, and the value of information. 3. It also asks questions about database systems, the objectives of information systems, accountant's roles, the accounting cycle, journals, ledgers, and computerized accounting environments.

Uploaded by

Rizz Aigel Orillos
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
193 views3 pages

AE 20 Prelim Exam

1. The document contains a 25 question multiple choice exam on accounting information systems. 2. It covers topics like the definition of a system, goals and conflicts within systems, the difference between data and information, information overload, and the value of information. 3. It also asks questions about database systems, the objectives of information systems, accountant's roles, the accounting cycle, journals, ledgers, and computerized accounting environments.

Uploaded by

Rizz Aigel Orillos
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 3

AE 20 ACCOUNTING INFORMATION SYSTEM

PRELIM EXAM
NAME: __________________________ DATE:__________
PART 1. MULTIPLE CHOICES
Write your answer before the number
1. A set of two or more interrelated components that interact to achieve a goal is:
a) A system
b) An accounting information system
c) Data
d) Mandatory information
2. These results when a subsystem achieves its goals while contributing to the organization's overall goal.
a) Goal conflict
b) Goal congruence
c) Value of information
d) Systems congruence
3. Goal conflict may result when
a) A decision or action of a subsystem is inconsistent with the system as a whole.
b) A subsystem achieves its goals while contributing to the organization's overall goal.
c) Duplicate recording, storage and processes are eliminated.
d) The data exceeds the amount the human mind can absorb and process.
4. Facts that are collected, recorded, stored and processed by an information system
a) Information
b) Data
c) Systems
d) Mandatory information
5. Information is
a) What happens when the data exceeds the amount the human mind can absorb.
b) The benefit produced by the information minus the cost of producing it.
c) Facts that are collected, recorded, stored, and processed by an information system.
d) Data that have been organized and processed to provide meaning to a user
6. Data are
a) facts entered, stored, and processed by an information system.
b) processed output that is useful to decision makers.
c) another word for information.
d) quantitative facts that are not qualitative by nature.
7. Which of the following statements below shows the contrast between data and information?
a) Data is the output of an AIS.
b) Information is the primary output of an AIS.
c) Data is more useful in decision-making than information.
d) Data and information are the same.
8. Information is
a) basically, the same as data.
b) raw facts about transactions.
c) potentially useful facts when processed in a timely manner.
d) data that have been organized and processed so that it's meaningful.
9. Humans can absorb and process only so much information. Information __________ occurs when those limits are
passed.
a) overload b) excess c) anxiety d) discretion
10. . The value of information can best be defined as
a) how useful it is to decision makers.
b) the benefits produced by possessing and using the information minus the cost of producing it.
c) how relevant it is.
d) the extent to which it maximizes the value chain.

11. Advantages of a database system include all the following except


a) elimination of data redundancy
b) open access to all data by all users
c) single update for changes in data
d) confidence that all data is current
12. The objectives of an information system include each of the following except
a) support for the stewardship responsibilities of management
b) furthering the financial interests of shareholders
c) support for management decision making
d) support for the firm’s day-to-day operations
13. Accountants play many roles relating to the accounting information system, including all of the following except
a) system users b) system designers c) system auditors d) system converters
14. Which is NOT an accountant’s primary role in information systems?
a) system user b) system auditor c) system designer d) system programmer
15. The objectives of all information systems include all of the following except
a) support for the stewardship function of management
b) evaluating transaction data
c) support for the day-to-day operations of the firm
d) support for management decision making
16. Which system is not part of the expenditure cycle?
a) cash disbursements
b) payroll
c) production planning/control
d) purchases/accounts payable
17. Which system produces information used for inventory valuation, budgeting, cost control, performance reporting,
and make-buy decisions?
a) sales order processing
b) purchases/accounts payable
c) cash disbursements
d) cost accounting
18. Which of the following is a turn-around document?
a) remittance advice b) sales order c) purchase order d) payroll check
19. The order of the entries made in the ledger is by
a) transaction number b) account number c) date d) user
20. The order of the entries made in the general journal is by
a) date b) account number c) user d) customer number
21. In general, a special journal would not be used to record
a) sales b) cash disbursements c) depreciation d) purchases
22. Which account is least likely to have a subsidiary ledger?
a) sales b) accounts receivable c) fixed assets d) inventory
23. Subsidiary ledgers are used in manual accounting environments. What file is comparable to a subsidiary ledger in
a computerized environment?
a) archive file b) reference file c) transaction file d) master file
24. A journal is used in manual accounting environments. What file is comparable to a journal in a computerized
environment?
a) archive file b) reference file c) transaction file d) master file
25. In a computerized environment, a list of authorized suppliers would be found in the
a) master file b) transaction file c) reference file d) archive file

PART 2. IDENTIFICATION
______________1. The structure of an organization reflects the distribution of responsibility, authority, and
accountability throughout the organization. These flows are illustrated in the figure below. Firms achieve their overall
objectives by establishing measurable financial goals for their operational units.
______________2. The marketplace needs to know about, and have access to, a firm’s products. The marketing
function deals with the strategic problems of product promotion, advertising, and market research. On an operational
level, marketing performs such daily activities as sales order entry
______________3. Competent and reliable employees are a valuable resource to a business. The objective of the
personnel function is to effectively manage this resource.
______________4. It is the oldest and most traditional form of accounting systems
______________5. It is most often associated with so-called legacy systems. These are large mainframe systems that
were implemented in the late 1960s through the 1980s. Organizations today still use these systems extensively
______________6. With the organization’s data in a central location, all users have access to the data they need to
achieve their respective objectives.
______________7. It is an accounting framework for modeling an organization’s critical resources, events, and agents
and the relationships between them.
______________8. It is an information system model that enables an organization to automate and integrate its key
business processes
______________9. is an appraisal function housed within the organization. Internal auditors perform a wide range of
activities on behalf of the organization, including conducting financial statement audits, examining an operation’s
compliance with organizational policies, reviewing the organization’s compliance with legal obligations, evaluating
operational efficiency, detecting and pursuing fraud within the firm, and conducting IT audits.
______________10. Full name of your ae 20 subject teacher.

You might also like