2. Which of the following accounting subsystems would be under MIS?

a. Cost Accounting System

b. Financial Management Systems

c. Sales Processing System

d. Cash Receipts System

3. When collecting data, companies must remember that data collected must be relevant and

a. Efficiently collected

b. None of the above

c. Redundant for emphasis

d. Important for decision making

4. A clerk in the sales department receives a hard-copy customer order by mail and manually prepares four hard copies of a sales order. This is a typical event in the

a. Revenue cycle

b. Costing cycle

c. Expenditure cycle

d. Conversion cycle