Test bank for accounting information systems basic concepts and current issues 4th edition hurtr

DOWNLOAD THE Test Bank for Accounting Information Systems BasicConce
r r r r r r r r r

pts and Current Issues 4th Edition Hurt
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Chapter 02 r r




Transaction Processing in the AIS
r r r r




MultiplerChoicerQuestions



1. Therprocessrofridentifying,rmeasuringrandrcommunicatingreconomicrinformationrtorpermitrinf
ormedrjudgmentsrandrdecisionsrbyrusersrofrtherinformationrisrcalled:




A. Accounting

B. Bookkeeping

C. Makingrjournalrentries

D. Preparingrfinancialrstatements


2. Whichrofrtherfollowingrphrasesrmostrcloselyrrelatesrtorbookkeeping?




A. Identifyingrandrmeasuringreconomicrinformation

B. Communicatingreconomicrinformation

C. Permittingrinformedrjudgmentsrbyrusers

D. Permittingrinformedrdecisionsrbyrusers




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3. Whichrofrtherfollowingrmostrclearlyrdifferentiatesraccountingrandrbookkeeping?




A. Bookkeepingralwaysrinvolvesrinformationrtechnology;raccountingrdoesrnot.

B. Accountingralwaysrinvolvesrinformationrtechnology;rbookkeepingrdoesrnot.

C. Bookkeepingrisrtherpartrofraccountingrmostrfocusedronrrulesrandrprocedures.

D. Arcollegerdegreerisrrequiredrforrbookkeeping,rbutrnotrforraccounting.


4. Whichrofrtherfollowingrstatementsraboutraccountingrandrbookkeepingrisrmostrtrue?




A. TherFASBrConceptualrFrameworkrisrrelevantrinraccounting,rbutrnotrinrbookkeeping.

B. TherFASBrConceptualrFrameworkrisrrelevantrinrbookkeeping,rbutrnotrinraccounting.

C. AsranrelementrofrtherAIS,rinternalrcontrolsrarerirrelevantrtorbookkeeping.

D. AsranrelementrofrtherAIS,routputsrarerrelevantrtoraccounting.


5. Communicatingrinformationrtorexternalrdecisionrmakersrisraccomplishedrthrough
asrpartrofrtherprocessrofrrrrr .




A. Financialrstatements;rbookkeeping

B. Financialrstatements;raccounting

C. Journalrentries;rbookkeeping

D. Journalrentries;raccounting




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6. Plantrassets,rsuchrasrequipment,rarerreportedronrfinancialrstatementsratrtheirrbookrvalue,rthusrexe
mplifying:




A. Thermeasuringrprocessrinraccountingronly.

B. Thermeasuringrprocessrinrbookkeepingronly.

C. Thermeasuringrprocessrinrbothraccountingrandrbookkeeping.

D. Informedrjudgmentsrasrpartrofrtherdefinitionrofrbookkeeping.


7. Anraccountantrreceivedrarstackrofrsalesrinvoices.rWhichrofrtherfollowingrstatementsrisrmostrtrue?




A. Therstackrofrsalesrinvoicesrcanrhelprtheraccountantridentifyreconomicrinformation,rwhichrisrpartrofrb
othraccountingrandrbookkeeping.

B. Theraccountantrisrar"userrofrinformation"rasrtherphraserisrusedrinrtherdefinitionrofrbookkeepingronly
.

C. Theraccountantrisrar"userrofrinformation"rasrtherphraserisrusedrinrtherdefinitionrofraccountingronly
.

D. Therstackrofrsalesrinvoicesrcanrhelprtheraccountantridentifyreconomicrinformation,rwhichrisrpartrofrb
ookkeeping,rbutrnotraccounting.


8. Whichrofrtherfollowingrbestrpairsranrelementrofrbookkeepingrwithranrexamplerofrtherelement?




A. Identifyingreconomicrinformation,rreadingrarbalancersheet

B. Identifyingreconomicrinformation,rpreparingrarbalancersheet

C. Measuringreconomicrinformation,rreadingrarbalancersheet

D. Measuringreconomicrinformation,rpreparingrarbalancersheet




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9. Therconceptrofrbookkeepingrincludes:r(i)rdistinguishingrrelevantrfromrirrelevantrinformation,r(ii)rcal
culatingramountsrtorrecordrinrtherAIS,r(iii)rreportingrfinancialrresults.




A. IrandrIIronly.

B. IrandrIIIronly.

C. IIrandrIIIronly.

D. I,rIIrandrIII.


10. Therdefinitionrofraccountingrhasrthreerprincipalrelements.rWhichrofrtherfollowingrisrnotronerofrthe
m?




A. Distinguishingrrelevantrfromrirrelevantrinformation

B. CalculatingramountsrtorrecordrinrtherAIS

C. Reportingrfinancialrresults

D. Usingrtherinformationrtormakerinformedrjudgments


11. Whichrofrtherfollowingrstepsrinrtheraccountingrcycleroccursrfirst?




A. Analyzertransactions.

B. Closerthertemporaryraccountsrtorretainedrearnings.

C. Prepareranrunadjustedrtrialrbalance.

D. Recordrthertransactionsrinrarjournal.




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