WGU D217
Accounting Information Systems Questions And Correct Answers
1. Which of the following is a problem usually associated with the
flat-fileapproach to data management ANS : data redundancy
2. Which problem is characteristically associated with the flat-file
approachto data management ANS : the inability to determine what data
is available
3. A description of the physical arrangement of records in the
databaseis: the internal view.
4. Which of the following may provide many distinct views of the
database?-
: the user view
5. The update anomaly in unnormalized tables: occurs because of data
redun-dancy.
6. The deletion anomaly in unnormalized tables: may result in the
loss ofimportant data.
7. Which document triggers the revenue cycle ANS : the customer
purchase order
,8. Which department is least likely to be involved in the revenue cycle
ANS : Theaccounts payable department is least likely to be involved in the
revenue cycle. Accounts payable is charged with managing the segment of the
expenditure cyclethat involves payments to vendors and creditors.
9. The purpose of the sales invoice is to: The purpose of the sales invoice is
tobill the customer. The sales invoice will be sent to the customer for payment. At
the same time the invoice will also update inventory, send a journal to the general
ledger, and record the sales journal.
10. Which type of control is considered a compensating control for
customerpayments ANS : Supervision is a compensating control for customer
payments. Com-pensating controls are put in place when more effective controls
are deemed toodifficult or costly to implement. Supervision is the simplest and
most common formof compensating control.
11. Commercial accounting systems have fully integrated modules.The
word"integrated" means that: The word "integrated" means that the
transfer of in- formation among modules occurs automatically. In a fully
integrated system, the shipping advice will generate the request for invoice
automatically. This eliminatesthe risk that the invoice request is not processed or
is processed for a different amount.
,12. A copy of the purchase order (PO) is sent to the: A copy of the
purchaseorder (PO) is sent to the vendor. The purchase order is the formal
document that
, tells the vendor what material is needed, at what price, in what quantity and on
what date.
13. The departments involved in the purchasing process are
purchasing, receiving, inventory control and: The departments involved
in the purchasingprocess are purchasing, receiving, inventory control and
accounts payable. Ac-counts payable completes the purchasing process by
authorizing and executingthe cash disbursement based on a signal from
receiving or inventory control.
14. When a cash disbursement in payment of an accounts payable is
record-ed: When a cash disbursement in payment of an accounts payable is
recorded theliability account is decreased. On the Balance Sheet, accounts payable
is a currentliability. When a cash disbursement is recorded, the liability will be
reduced.
15. The greatest risk of misappropriation of funds occurs in: The
greatest riskof misappropriation of funds occurs in accounts payable. This may
take the form of payments for goods not ordered or received and to vendors that
do not exist. The risk can be reduced through supervision, segregation of duties,
independentverification, or automated processes.
16. In a firm with proper segregation of duties, adequate supervision
Accounting Information Systems Questions And Correct Answers
1. Which of the following is a problem usually associated with the
flat-fileapproach to data management ANS : data redundancy
2. Which problem is characteristically associated with the flat-file
approachto data management ANS : the inability to determine what data
is available
3. A description of the physical arrangement of records in the
databaseis: the internal view.
4. Which of the following may provide many distinct views of the
database?-
: the user view
5. The update anomaly in unnormalized tables: occurs because of data
redun-dancy.
6. The deletion anomaly in unnormalized tables: may result in the
loss ofimportant data.
7. Which document triggers the revenue cycle ANS : the customer
purchase order
,8. Which department is least likely to be involved in the revenue cycle
ANS : Theaccounts payable department is least likely to be involved in the
revenue cycle. Accounts payable is charged with managing the segment of the
expenditure cyclethat involves payments to vendors and creditors.
9. The purpose of the sales invoice is to: The purpose of the sales invoice is
tobill the customer. The sales invoice will be sent to the customer for payment. At
the same time the invoice will also update inventory, send a journal to the general
ledger, and record the sales journal.
10. Which type of control is considered a compensating control for
customerpayments ANS : Supervision is a compensating control for customer
payments. Com-pensating controls are put in place when more effective controls
are deemed toodifficult or costly to implement. Supervision is the simplest and
most common formof compensating control.
11. Commercial accounting systems have fully integrated modules.The
word"integrated" means that: The word "integrated" means that the
transfer of in- formation among modules occurs automatically. In a fully
integrated system, the shipping advice will generate the request for invoice
automatically. This eliminatesthe risk that the invoice request is not processed or
is processed for a different amount.
,12. A copy of the purchase order (PO) is sent to the: A copy of the
purchaseorder (PO) is sent to the vendor. The purchase order is the formal
document that
, tells the vendor what material is needed, at what price, in what quantity and on
what date.
13. The departments involved in the purchasing process are
purchasing, receiving, inventory control and: The departments involved
in the purchasingprocess are purchasing, receiving, inventory control and
accounts payable. Ac-counts payable completes the purchasing process by
authorizing and executingthe cash disbursement based on a signal from
receiving or inventory control.
14. When a cash disbursement in payment of an accounts payable is
record-ed: When a cash disbursement in payment of an accounts payable is
recorded theliability account is decreased. On the Balance Sheet, accounts payable
is a currentliability. When a cash disbursement is recorded, the liability will be
reduced.
15. The greatest risk of misappropriation of funds occurs in: The
greatest riskof misappropriation of funds occurs in accounts payable. This may
take the form of payments for goods not ordered or received and to vendors that
do not exist. The risk can be reduced through supervision, segregation of duties,
independentverification, or automated processes.
16. In a firm with proper segregation of duties, adequate supervision
