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Accounting information system multiple choices questions, please choose the best answers: 1- What is top management's role? A. Provide support and encouragement B. Determine their

Accounting information system multiple choices questions, please choose the best answers:

1- What is top management's role?

A. Provide support and encouragement

B. Determine their information needs

C. Set policies that govern the AIS

D. Plan each project

2- What is accountants' role?

A. Establish system goals and objectives

B. May be members of the project development team

C. Ensures top-management participation

D. Monitor project

3- What is the step in the systems development life cycle (SDLC)?

A. Prepare design specifications

B. Prepare conceptual systems design report

C. Implementation and conversion

D. None of the above

4- What is a balanced scorecard?

A. The path of a transaction through the accounting system

B. The different requirements for the manner in which information

C. A report that provides a multidimensional perspective of organizational performance

D. The process of accessing data contained in the data warehouse and using it for strategic decision making

5- _________ tools do not replace skilled designers; instead they provide a host of self-integrated tools that give developers effective support for all SDLC phases.

A. BPR

B. CASE

C. EUC

D. PC outsourcing

6- What is some factor to consider during the postimplementation review?

A. Security

B. Authorization

C. Audit Control

D. Benefits

7- Which of the following edit check is necessary regardless of how customer orders are initially received?

A. Billing approval

B. Completeness test

C. Cash collection test

D. Sales order entry check

8- What is responsibility accounting?

A. It involves a balanced scorecard for an organization

B. It involves the major threats in general ledger and reporting activities.

C. It involves reporting financial results on the basis of managerial responsibilities within an organisation

D. It involves the information processing operations required to update the general ledger and to produce other reports for internal and external users.

9- What is disadvantages of CASE Technology?

A. Cost

B. Significant user time

C. Incomplete systems development

D. Less efficient use of system resources

10- What is a key decision for ordering goods, supplies and services?

A. Price

B. Determine vendor

C. Quality of material

D. None of the above

11- Data about employee skills, had normally been provided and maintained by the __________.

A. Payroll system

B. Revenue system

C. Expenditure system

D. Human resources management system

12- What is the example of control procedure?

A. Stockouts

B. Inventory control system

C. Receiving unordered goods

D. Purchasing too many or unnecessary goods

13- What is the steering committee's role?

A. Determine information requirements

B. Play an active role in designing system controls

C. Guidance and control

D. Make sure proper consideration is given to the human element

14- What is prototyping?

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.

15- What is the capital budgeting techniques?

A. Internal Rate of Return (IRR)

B. PERT (program evaluation and review technique)

C. Gantt chart

D. Data analytics

16- What is the control objective in the general ledger and reporting system?

A. Accuracy of data entries are verified

B. Source of any remittances are identified

C. Transactions are not properly authorized

D. Updates to the general ledger are properly authorized

17- What is(are) the principal objective(s) of the cost accounting system?

A. To provide accurate cost data about products for use in pricing and product mix decisions

B. To provide information for planning, controlling, and evaluating the performance of production operations

C. To collect and process the information used to calculate the inventory and cost of goods sold values

D. All of the above

18- How can accountants be not involved in product design?

A. Providing data about repair and warranty costs associated with existing products

B. Showing how various design trade-offs affect production costs and thereby profitability

C. Ensuring that the AIS collects and reports costs in a manner consistent with the production planning techniques used by the company

D. Ensuring that the AIS is designed to collect and provide information about the machine setup and materials handling costs associated with alternative product designs

19- What is advantage of Prototyping?

A. Fewer errors

B. Improved productivity

C. Simplified documentation

D. Improved control procedures

20- What factors should be considered for ordering goods, supplies and services?

A. Documents and procedures

B. Dependability in making deliveries

C. Traditional inventory control methods

D. Alternative inventory control methods

21- What are the third basic activities in the revenue cycle?

A. Billing customers and updating accounts receivable

B. Picking and packing the order and shipping the order

C. Taking the customer's order and checking and approving the customer's credit

D. Handling customer remittances and depositing remittances in the bank

22- The purchase requisition is a document that identifies the following:

A. Requisitioner and item number

B. Specifies the delivery location and date needed

C. Specifies descriptions, quantity, and price of each item requested

D. All of these

23- What area is involved in cash collections activity?

A. Cashier

B. Accounts payable function

C. Profitability analyses by product

D. Time required to fill and deliver orders

24- What is the example of pay schemes?

A. Sales order

B. Straight commission

C. Approving the customer's credit

D. Handling customer remittances

25- What is the example of control procedures?

A. Inaccurate time data

B. Violation of employment law

C. Batch totals and other application controls

D. Unauthorized changes to the master payroll file

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