Test Review for capstone exam Questions and Verified Answers 2024

Test Review for capstone exam Questions and Verified Answers 2024 1. In which cycle does a company ship goods to customers? a. Production cycle b. Financing cycle c. Revenue cycle d. Expenditure cycle - CORRECT ANSWER-c. Revenue cycle 1. Which of the following documents is most likely to be used in the expenditure cycle? a. Sales order b. Credit memo c. Receiving report d. Job time ticket - CORRECT ANSWER-c. Receiving report 1. Which of the following is NOT an advantage of the ERP system? a. Better access control b. Standardization of procedures and reports c. Improved monitoring capabilities d. Simplicity and reduced costs - CORRECT ANSWER-d. Simplicity and reduced costs 1. Recording and processing information about a transaction at the time it takes place is referred to as which of the following? a. Batch processing b. Online, real-time processing c. Captured transaction processing d. Chart of accounts processing - CORRECT ANSWER-b. Online, real-time processing 1. Which of the following statements is FALSE? a. A flowchart is an analytical technique used to describe some aspect of an information system in a clear, concise, and logical manner. b. Flowcharts use a standard set of symbols to describe pictorially the flow of documents and data through a system. c. Flowcharts are easy to prepare and revise when the designer utilizes a flowcharting software package. d. A system flowchart is a narrative representation of an information system. - CORRECT ANSWER-d. A system flowchart is a narrative representation of an information system. 1. A set of instructions to increase a programmer's pay rate by 10% is hidden inside an authorized program. It changes and updates the payroll file. What is this computer fraud technique called? a. Virus b. Worm c. Trap door d. Trojan horse - CORRECT ANSWER-d. Trojan horse 1. Which computer fraud technique involves a set of instructions hidden inside a calendar utility that copies itself each time the utility is enabled until memory is filled and the system crashes? a. Logic bomb b. Trap door c. Virus d. Trojan horse - CORRECT ANSWER-c. Virus 1. What type of software secretly collects personal information about users and sends it to someone else without the user's permission? a. Rootkit b. Torpedo software c. Spyware d. Malware - CORRECT ANSWER-c. Spyware 1. Which data entry application control would detect and prevent entry of alphabetic characters as the price of an inventory item? a. Field check b. Limit check c. Reasonableness check d. Sign check - CORRECT ANSWER-a. Field check 1. Which of the following controls would prevent entry of a nonexistent customer number in a sales transaction? a. Field check b. Completeness check c. Validity check d. Batch total - CORRECT ANSWER-c. Validity check 1. Which disaster recovery strategy involves contracting for use of a physical site to which all necessary computing equipment will be delivered within 24 to 36 hours? a. Virtualization b. Cold site c. Hot site d. Data mirroring - CORRECT ANSWER-b. Cold site 1. Which of the following is an example of the kind of batch total called a hash total? a. The sum of the purchase amount field in a set of purchase orders b. The sum of the purchase order number field in a set of purchase orders c. The number of completed documents in a set of purchase orders d. All of the above - CORRECT ANSWER-b. The sum of the purchase order number field in a set of purchase orders 1. Which of the following provides detailed procedures to resolve the p