1- What is the example of budgets?

A. Initial trial balance

B. Capital expenditures budget

C. Listing of general ledger account balances

D. Adjusting entries originate from the controller's office

2- What is the example of control reports?

A. Operating budget

B. General ledger control reports

C. Lists of journal vouchers by numerical sequence

D. None of the above

3- What is example of additional information the AIS should provide?

A. Supplier satisfaction

B. Analysis of market share and trends

C. Response time to manager inquires

D. None of these

4- Operational data are needed to monitor performance and to perform the following recurring task:

A. Planning new marketing campaigns

B. Selecting methods for delivering merchandise

C. Determining the need for short-term borrowing

D. Establishing policies regarding sales returns and warranties

5- What is the duty of the help desk?

A. Setting prices for products and services

B. Deciding what types of credit terms to offer

C. Providing hot-line assistance to help resolve problems

D. Establishing policies regarding sales returns and warranties

6- What is the basic activity performed in the payroll cycle?

A. Ordering goods

B. Post adjusting entries

C. Validate time and attendance data

D. Receiving supplies

7- What is opportunity of using information technology to disburse payroll?

A. Handling customer remittances

B. Responding to customer inquiries

C. Outsourcing to a payroll service bureau

D. Collecting employee time and attendance data electronically, instead of on paper documents

8- What is computer-integrated manufacturing (CIM)?

A. It is the use of information technology in the production process.

B. It is an extension of materials resource planning that seeks to match existing production capacity and raw materials needs.

C. It is a production plan efficient enough to meet existing orders and anticipate short-term demand without creating excess finished goods inventories.

D. None of the above

9- What is the benefit of XBRL?

A. It enables organizations to publish information only once using standard XBRL tags.

B. It develops a Balanced Scorecard in a timely manner once using standard XBRL tags.

C. It speeds up trend analysis data on the company's financial performance once using standard XBRL tags.

D. It explains the relationship between online transaction processing systems and data warehouses used to support business intelligence only once using standard XBRL tags.

10- The first step in the production cycle is __________.

A. Product design

B. Cost accounting

C. Planning and scheduling

D. Production operations

11- Why is planning an important step in systems development?

A. Completeness

B. Consistency

C. Transparency

D. Consolidation

12- What is opportunity of using information technology to prepare payroll?

A. Direct deposit

B. Using badge readers

C. Using electronic time clocks

D. Online terminals corporate intranets

13- _________ is written by software development companies and is sold on the open market to a broad range of users with similar requirements.

A. Help desk

B. Custom software

C. Turnkey system

D. Canned software

14- What is not the system analyst's and programmer's role?

A. Study existing systems

B. Design new systems and prepare specifications

C. Write computer programs

D. Facilitate coordination and integration of IS activities

15- What is the example of threat?

A. Budgetary controls

B. Physical access control

C. Prohibition of gifts from vendors

D. Purchasing goods at inflated prices

16- What is the adjusting entry of revaluation?

A. Rent

B. Depreciation

C. Wages payable

D. Change in inventory method

17- The final step in the SDLC is to__________.

A. Help assess systems' feasibility

B. Operate and maintain the new system

C. Guide physical systems design activities

D. Communicate how management and user information needs will be met

18- What is the basic business activity in the revenue cycle?

A. Shipping

B. Prepare payroll

C. Billing and accounts payable

D. Prepare financial statements

19- What is some control design considerations?

A. Risk

B. Resistance

C. Skepticism

D. Maintainability

20- What is the most of additional information the AIS should provide on these choices?

A. Percentage of purchase discounts taken

B. Efficiency and effectiveness of the purchasing department

C. Time taken to move goods from the receiving dock into production

D. Analyses of vendor performance such as on-time delivery, quality, etc.

21- What is the example of threats?

A. Sound hiring practices

B. Hiring of unqualified or larcenous employees

C. Thorough documentation of hiring procedures

D. Segregation of duties

22- Why is there a many-to-many relationship between the order goods and receive goods events?

A. Cashiers fill several purchase orders with one delivery.

B. Vendors make a delivery to fill a single purchase order in full.

C. Cashiers sometimes make several separate deliveries to fill one purchase order.

D. None of the above

23- What is type of payroll deduction?

A. VAT

B. Payroll register

C. Employee paychecks

D. Voluntary deductions

24- What is manufacturing overhead?

A. All manufacturing costs that are economically feasible to trace directly to specific jobs or processes

B. All manufacturing costs that are economically feasible to trace indirectly to specific jobs or processes

C. All manufacturing costs that are not economically feasible to trace directly to specific jobs or processes

D. All manufacturing costs that are not economically feasible to trace indirectly to specific jobs or processes

25- The second function of a well-designed AIS is to provide adequate controls to ensure that the following objective is met:

A. Recorded transactions are valid

B. Recorded general ledger transactions are valid

C. General ledger transactions are accurately recorded

D. Valid, authorized general ledger transactions are recorded

26- What is the most important aspect need to be considered during a feasibility study?

A. Legal feasibility

B. Technical feasibility

C. Scheduling feasibility

D. Operational feasibility

27- What is outsourcing?

A. It is hiring an outside company to handle all or part of an organization's data processing activities.

B. It is an approach to systems design in which a simplified working model of a system is developed.

C. It is a process that challenges traditional organizational values and cultures associated with underperformance.

D. It is the thorough analysis and complete redesign of business process and information systems to achieve performance improvements.

28- What is the common method of production planning?

A. OLAP

B. REA

C. CIM

D. MRP

29- What is the problem of the Extensible Business Reporting Language (XBRL)?

A. XBRL tags are interpretable

B. The implications of new IT developments for internal and external reporting

C. Different requirements for the manner in which information is not delivered

D. The need for manual reentry of information into standalone decision analysis tools