43)

In the process of preparing a receiving report, the receiving department should perform all of the following tasks except:

(2pts)

compare the completed receiving report to the information stored in the purchase order master data

inspect and approve quality

count the quantity received

compare the vendors packing slip to a copy of the purchase requisition

44)

Which of the following data stores is updated for job specifications?

(2pts)

termination data

skills inventory data

labor-force planning data

payroll data

All of the above

None of the above

45)

A payroll transfer check is prepared on the basis of an ______.

(2pts)

approved payroll register

approved IRS Form 941

approved time summary

approved payroll disbursement voucher

All of the above

None of the above

46)

Which of the following statements regarding e-payment technologies is true?

(2pts)

e-payments are settled through the ACH network, by wire transfer, or by debit or credit card

an advantage to the payer is that float is eliminated

the use of EDI for payments continues to decline in use

the cost of paying an invoice is reduced by about 50% when using e-payments

47)

Which of the following emphasizes an individuals value to the organization, personnel development to maximize the benefits that an individual can provide to the organization and retention of employees to ensure that important skills are not lost?

(2pts)

strategic management

personnel management

human resource management

human capital management

None of the above

48)

Assume that one of the process bubbles in the Purchasing ProcessLevel 0 Diagram is called order goods and services. The data flow between order goods and services and the vendor is called a:

(2pts)

inventory notice

purchase order

stock notice

receiving report

All of the above

None of the above

49)

In a Purchase Relations table supporting the Purchases to Cash Disbursements process, what is the primary key?

(2pts)

Purchase Order Number (PO_No)

Purchase Requisition Number (PR_No) and Purchase Order Number (PO_No)

Purchase Order Number (PO_No) and Inventory Item Number (Item_No)

Purchase Requisition Number (PR_No)

Purchase Requisition Number (PR_No) and Inventory Item Number (Item_No)

Inventory Item Number (Item_No)

50)

Evaluating the quality of a new system's documentation, training programs, and data conversions is a task within the _____ process.

(2pts)

post-implementation review

system maintenance

structured systems design

systems survey

All of the above

None of the above

51)

A sequence of operations needed to produce a finished good is termed a _______.

(2pts)

work center master

routing master

production master

production schedule

All of the above

None of the above

52)

The purchasing process does not directly interface with the ______.

(2pts)

sales order process

general ledger process

accounts payable process

inventory management process

All of the above

None of the above

53)

A(n)_______ is an automated manufacturing operations system that can react quickly to product and design changes because a centralized computer control provides real-time routing, load balancing, and production scheduling logic.

(2pts)

automated guided vehicle system (AVGS)

computer-aided engineering system (CAES)

Flexible manufacturing system (FMS)

global inventory management system (GIMS)

All of the above

None of the above

54)

An approved configuration plan is the primary deliverable of the __________ process.

(2pts)

structured systems analysis

systems implementation

structured systems design

systems selection

All of the above

None of the above

55)

Which of the following is not a fundamental segregation of duties that pertains to the Purchases to Cash Disbursements process.

(2pts)

The treasurer/cashier function should be segregated from the controller/accounts payable function.

The purchasing function should be segregated from the receiving function.

Authorization to create vendor records and assign payment terms should be segregated from the maintenance of accounts payable records.

The warehousing function should be segregated from the receiving function.

None of the above

43)

In the process of preparing a receiving report, the receiving department should perform all of the following tasks except:

(2pts)

compare the completed receiving report to the information stored in the purchase order master data

inspect and approve quality

count the quantity received

compare the vendors packing slip to a copy of the purchase requisition

44)

Which of the following data stores is updated for job specifications?

(2pts)

termination data

skills inventory data

labor-force planning data

payroll data

All of the above

None of the above

45)

A payroll transfer check is prepared on the basis of an ______.

(2pts)

approved payroll register

approved IRS Form 941

approved time summary

approved payroll disbursement voucher

All of the above

None of the above

46)

Which of the following statements regarding e-payment technologies is true?

(2pts)

e-payments are settled through the ACH network, by wire transfer, or by debit or credit card

an advantage to the payer is that float is eliminated

the use of EDI for payments continues to decline in use

the cost of paying an invoice is reduced by about 50% when using e-payments

47)

Which of the following emphasizes an individuals value to the organization, personnel development to maximize the benefits that an individual can provide to the organization and retention of employees to ensure that important skills are not lost?

(2pts)

strategic management

personnel management

human resource management

human capital management

None of the above

48)

Assume that one of the process bubbles in the Purchasing ProcessLevel 0 Diagram is called order goods and services. The data flow between order goods and services and the vendor is called a:

(2pts)

inventory notice

purchase order

stock notice

receiving report

All of the above

None of the above

49)

In a Purchase Relations table supporting the Purchases to Cash Disbursements process, what is the primary key?

(2pts)

Purchase Order Number (PO_No)

Purchase Requisition Number (PR_No) and Purchase Order Number (PO_No)

Purchase Order Number (PO_No) and Inventory Item Number (Item_No)

Purchase Requisition Number (PR_No)

Purchase Requisition Number (PR_No) and Inventory Item Number (Item_No)

Inventory Item Number (Item_No)

50)

Evaluating the quality of a new system's documentation, training programs, and data conversions is a task within the _____ process.

(2pts)

post-implementation review

system maintenance

structured systems design

systems survey

All of the above

None of the above

51)

A sequence of operations needed to produce a finished good is termed a _______.

(2pts)

work center master

routing master

production master

production schedule

All of the above

None of the above

52)

The purchasing process does not directly interface with the ______.

(2pts)

sales order process

general ledger process

accounts payable process

inventory management process

All of the above

None of the above

53)

A(n)_______ is an automated manufacturing operations system that can react quickly to product and design changes because a centralized computer control provides real-time routing, load balancing, and production scheduling logic.

(2pts)

automated guided vehicle system (AVGS)

computer-aided engineering system (CAES)

Flexible manufacturing system (FMS)

global inventory management system (GIMS)

All of the above

None of the above

54)

An approved configuration plan is the primary deliverable of the __________ process.

(2pts)

structured systems analysis

systems implementation

structured systems design

systems selection

All of the above

None of the above

55)

Which of the following is not a fundamental segregation of duties that pertains to the Purchases to Cash Disbursements process.

(2pts)

The treasurer/cashier function should be segregated from the controller/accounts payable function.

The purchasing function should be segregated from the receiving function.

Authorization to create vendor records and assign payment terms should be segregated from the maintenance of accounts payable records.

The warehousing function should be segregated from the receiving function.

None of the above