1

Good internal control dictates that which of the following functions should be segregated?

Maintaining the subsidiary ledgers and handling customer queries

Providing information on inventory levels and reconciling the bank statement

Authorizing credit and determining reorder quantities

Opening the mail and making the journal entry to record cash receipts

None of these answers are correct

2

Which of the following statements is not true?

In three-tier client server architecture, one tier is for user presentations, one is for database and applications, and the third is for Internet access.

The database and application functions are separate in the three-tier model.

In a typical two-tier client server system, the server handles both application and database duties.

Client computers are responsible for presenting data to the user and passing user input back to the server.

3

Which of the following is not a risk associated with ERP implementation?

Choosing the wrong ERP

Opposition to changes in the business culture

Choosing the wrong consultant.

Choosing the wrong project manager.

All of these are risks associated with ERP implementations.

4

Controlling day-to-day operations is the responsibility of ____________.

middle management

operations management

human resources management

top management

executive management

5

All of the following are part of the Accounting Information System, except:

General Ledger/Financial Reporting System

Transaction Processing System

Expert System

Management Reporting System

None of these answers are correct