Acc 340 final exam | Business & Finance homework help

     

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1.

The “S” in the acronym   “AIS” stands for:

A)

Standard

B)

System

C)

Symbol

D)

none of these

  

2.

Which of the following   best describes a data warehouse?

A)

A repository of   historical information from one accounting application

B)

A repository of   historical information from a set of accounting applications

C)

A repository of   information from many business applications—some not accounting

D)

A repository of   information from many businesses in the same industry

  

3.

One reason why AISs   fail is because:

A)

They are not   computerized

B)

They try to process   non-accounting data

C)

They cannot produce   good information from bad data

D)

They are incompatible   with the existing processing procedures

  

4.

The hardware of a   computer system includes the computer itself and other devices that help the   computer perform its tasks. These   “other devices” are commonly also called:

A)

Helper equipment

B)

IT devices

C)

Peripheral equipment

D)

Secondary equipment

E)

Accessory equipment

  

5.

All of the following   are examples of peripheral equipment except:

A)

Input equipment

B)

Output equipment

C)

Communications   equipment

D)

Primary memory   equipment

E)

Secondary storage   equipment

  

6.

POS devices, bar code   readers, and OCR devices are examples of:

A)

Input devices

B)

Output Devices

C)

Processing Devices

D)

Transaction Devices

  

7.

Printers and monitors   are examples of:

A)

Output devices

B)

Input devices

C)

Processing devices

D)

Storage Devices

  

8.

Which type of company   is most likely to use MICR?

A)

Grocery store

B)

Bank

C)

Phone company

D)

Web site seller

  

9.

An older computer   system, typically using a mainframe, centralized data processing, and COBOL   software, is often called a:

A)

Supercomputer system

B)

Primary system

C)

Legacy system

D)

Traditional system

  

10.

A USB drive that uses   flash memory is an example of a(n):

A)

Input device

B)

Output device

C)

Secondary storage   device

D)

Web device

  

11.

Which of the following   is not an example of a source document?

A)

Receiving report

B)

Purchase order

C)

Sales order

D)

Aging report

  

12.

Networked enterprises   and globalization have enabled a new business model called   “business-without-boundaries.” Which   of the following statements describes this business model?

A)

Companies no longer   have all of their employees in one location

B)

It is called offshoring   and companies contract with firms in other countries to do such business   processes as human resources, payroll, and accounting

C)

Companies are under a   great deal of scrutiny to manage costs and generate revenue so they contract   with foreign firms to do various business processes at a lower cost to the   company

D)

all of the above   statements describe this model

  

13.

Hacking involves:

A)

Stealing carbons of   credit cards

B)

Destroying computer   hardware

C)

Gaining illegal entry   to computer files from remote locations

D)

Inserting a logic bomb   in a computer program

  

14.

A computer virus is:

A)

A disease that computer   programmers are very susceptible to

B)

A small processing   routine that the user accidentally introduces into the system

C)

A misnomer, since   unlike biological viruses, computer viruses cannot reproduce themselves

D)

Harmless

  

15.

An ideal control is:

A)

A control procedure   that reduces to practically zero the risk of an error or an irregularity   taking place and not being detected

B)

A control procedure   that is anticipated to have the lowest possible cost in relation to its   benefits

C)

A control procedure   that should always be implemented into a company’s system due to the   efficiency and effectiveness that will result from its implementation

D)

A control procedure   that is always cost effective

  

16.

An approach used by   many companies to reduce the risk of loss caused by the theft of assets by   employees is to:

A)

Utilize polygraphs

B)

Acquire arbitrage loss   protection

C)

Acquire fidelity bond   coverage

D)

Institute punitive   management

  

17.

Which of the following   personnel policies would be the most useful in mitigating fraud or   embezzlement?

A)

Fidelity bonds for key   employees

B)

Careful hiring   procedures for key employees

C)

Having a Code of   Conduct

D)

Required vacations for   key employees

  

18.

Logical access to the   computer system would be best controlled by:

A)

Intrusion alarm systems

B)

Complex operating   systems

C)

Restrictions on   physical access to online terminals

D)

Password codes

  

19.

All of these are   reasons why databases are important to AISs except:

A)

AIS databases store valuable   information

B)

Many AISs are large and   therefore potentially unwieldy

C)

The databases of some   organizations are very complex

D)

The hard disk space   used to store AIS databases is comparatively expensive

E)

all of these are   reasons why databases are important to AISs

  

20.

All of the following   are items within the data hierarchy except:

A)

Bit

B)

Character

C)

Data field

D)

Record

E)

all of these items are   part of the data hierarchy

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