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1. Which of the following statements about technical developments in accounting information systems is NOT true? Select the incorrect statement. If multiple statements are incorrect,
1. Which of the following statements about technical developments in accounting information systems is NOT true? Select the incorrect statement. If multiple statements are incorrect, select only the answer that contains all incorrect answers.
a. | Electronic Data Interchange (EDI) violates three way matching. | |
b. | Radio Frequency Identification (RFID) reduces the effectiveness of internal controls. | |
c. | Blockchain technology could be used to verify bills from suppliers. | |
d. | Evaluated receipt settlement (ERS) increases efficiency. | |
e. | Statement c and d are incorrect. |
2. Which of the following statements is true? If multiple statements are correct, select only the answer that contains all correct answers.
a. | In the application approach, each application can access a central database. | |
b. | In the database approach, data is stored and maintained in a central database. | |
c. | Data redundancy can occur only when the application approach is used. | |
d. | Data maintenance costs do not incur in the application approach. | |
e. | Statements a and b are true. |
3. Which of the following statements is true? If all statements are incorrect, select only answer e.
a. | With a more structured decision, there is a need for less accurate information. | |
b. | With a more structured decision, there is a need for summarised data. | |
c. | With a more structured decision, there is a need for well-defined, more accurate data. | |
d. | With a less structured decision, there is a need for well-defined, more accurate data. | |
e. | None of the statements (a, b, c, and d) is true. |
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