Can someone help me with this quiz? Thanks in advance.

Question 1 1. Both homebuilders and cement companies have information needs related to their manufacturing processes. The primary difference between these two companies concerns the need to maintain a job order versus a process costing system. The homebuilder is likely to track many costs for each individual house built. The cement company will use an AIS that uses input and output data to calculate costs for specific quantities. This distinction is likely to impact the type of accounting software a company chooses. Some software packages are specially designed for either ___ order or ___ costing manufacturing environments. 1.job .... process 2.historical .... job 3.cost .... ledger 4.process .... cost Question 2 1. Which of the following activities is NOT common to the Human Resources function? 1.Hiring and training 2.Reporting payroll deductions 3.Maintaining employee records 4.Certified financial planning for employees Question 3 1. Which of the following, outputs, reports or documents is common to all processes described in chapter 11? 1. Financial statement information 2. Deduction reports 3. Supplier invoices 4. Budget reports Question 4 1. As we discussed in class, which of the following best describes why many fixed assets are "tagged" upon being put into service? 1.To provide identifying data such as serial numbers and bar codes so that the item can be tracked, its location documented, and accountability be set. 2.To depreciate the asset properly in accordance with GAAP. 3.To claim the asset for tax purposes. 4.To accept the asset into the company's receiving department. Question 5 1. Which of the following is not a primary purpose of the personnel function? 1.Produce products and services for sale to customers 2.To hire staff 3.To train employees 4.To employ appropriately qualified people Question 6 1. In the United States, every employer must require each employee to complete tax-withholding forms, which authorize the payroll system to withhold a certain amount of income taxes from the employee's pay. True False Question 7 1. The acquisition process of a fixed asset often involves an authorization (signature) by top management in accordance with capital budget amounts and analysis (IRR, NPV, and patback period), True False Question 8 1. An output of the production process is the material requisition form. True False Question 9 1. A system that keeps track of the SPECIFIC COSTS for raw materials, labor, and overhead costs associated with each unit produced is called: 1.Job cost system 2.Process cost system 3.JIT system 4.Lean system Question 10 1. A system that keeps track of the costs (raw materials, labor, and overhead costs) associated with each unit produced in a mass production situation where each unit is homogeneous, is called: 1.Job Order Cost System 2.Process Cost System 3.JIT System 4.Lean Accounting Question 11 1. The financing process is how an organization acquires and uses cash and investments. True False Question 12 1. Fixed asset subsidiary ledger is a detailed listing of the company's fixed assets usually showing the cost and the accumulated depreciation of each fixed asset. It provides the details to support the balance of fixed asset accounts in the general ledger. True False Question 13 1. As part of the financing process, a lock-box system can provide which of the following benefits? (PLEASE READ ALL CHOICES BEFORE MAKING A SELECTION) 1.A faster clearing of checks sent from customers. 2.Making cash available to companies more quickly (faster than traditional collection methods.) 3.Archiving of all check payment information online 4.All of the above Question 14 1. The cash budget is an input to the financing process. True False Question 15 1. Financial managers use financial Blank models to help in selecting the best strategy for acquiring and investing financial resources. (please answer with one word only and be sure the spelling is correct.) Question 16 1. Managers perform Blank analysis to manage capital effectively including ROI and debt-to-equity. (Please answer with one word and make sure the spelling is correct.) Question 17 1. A Blank market refers to markets or industries that are distinct in terms of the service or the goods they produce. (Please answer with one word and make sure the spelling is correct.) Question 18 1. Time and billing systems are used mostly in manufacturing in both job order costing and process costing situations. True False Question 19 1. Billable hours are: 1.Hours actually worked on client business. 2.Hours spent in training, marketing, and general research. 3.Non-value added activity. 4.Only used in ABC accounting systems Question 20 1. _________ organizations provide services for the protection and betterment of society and therefore need special software and follow special accounting rules. 1.Profit 2.Nonprofit 3.Government 4.Accounting Question 21 1. In some industries, the greatest problem in operating information systems may be the difficulty in measuring the quantity and quality of output, which gives rise to difficulties in budgetary planning activities, as well as developing preestablished operational quality goals for its intangible products. These "industries" include: 1.Manufacturing 2.The professional services, health care, and not-for-profit industries 3.Retailing and wholesaling 4.Construction Question 22 1. Sometimes, nonfinancial information needs to be captured. For example, information needed for control would be the amount of wasted materials and machine downtime. Productivity information would relate to the amount of time needed to produce a product or each product component. For what type of company would this type of information be important? 1.Retailing 2.Wholesaling 3.Manufacturing 4.Health services