ACCT 333 Exam 2 Questions and Answers Already Passed Latest Update 2025-2026
Transaction processing - Answers -modern TPS capture data continuously, so the system must
be available and ensure data integrity
-batch process and real-time processing
Batch Processing - Answers data is collected as it is generated but it is processed later at a
scheduled time
-benefits efficiency, simplicity, quality of data
Real-time Processing - Answers -transactions are processed as they occur
-benefits: accounting records are always current
Software - Answers -interface between the components of a system and the users of the AIS
System Software - Answers -specialized software that run a computer's hardware and other
software
Operating System - Answers supports a computer's basic functions
Database Management System - Answers -define, manipulate, and retrieve data in a database
Data Communication Software - Answers -provide remote access to exchange data
Utility programs - Answers used for analyzing configuring optimizing and maintaining a
computer.
Application Software - Answers end user programs that performs specific functions
Software Sourcing - Answers Purchasing 3rd party software
-copyright infringement, data breaches, disruptions
Develop in house (expensive)
Cloud Computing - Answers -provides access to shared resources, such as processing,
applications, and data storage, over the internet
Cloud Service Models - Answers software as a service
-uses the internet to provide customers with applications that are managed by a third party
Platform as a Service - Answers -provides customers a platform for remote software
development
Cloud Risks - Answers Reliability
, -no internet, no system
-unreliable provider
-privacy: breaches of the provider put the customer at risk
-Security: lax security might result in accessing customer data
Internet of Things - Answers -connects everyday devices
Managing Risk - Answers the risk faced by startups and small businesses are likely very
different from those faced by large corporations
Compensating Controls - Answers -are in place to reduce the risks when more expensive or
complex controls do not exist
Organic Gorowtj - Answers occurs when a company uses its own resources and business
processes to increase sales, customers and markets share
Acquisition Growth - Answers occurs as a company purchase and integrates other companies
into its infrastructure
Merger - Answers combination of two separate companies into a new legal entity
Aquisition - Answers one company purchases all or a majority of another company's shares to
gain control over the company
Systems integration - Answers process of joining different systems or subsystem into one
larger system and ensuring that they function as one system
Lift and Shift - Answers acquiring company moves the acquired systems,physically placing the
savers in the data centers and maintaining the existing systems as they are
Immediate - Answers convert existing date in the squires system to be retired and migrating it
to the new system
Centralized System - Answers connects all users to one central location built around a server or
cluster of servers that all authorized users can access
Decentralized Systema - Answers utilizes multiple locations that each maintain a copy of the
data needed for its connected systems
-multiple access points for users, but not all users are connected to all access
ERP Out of the Box - Answers preconfigured to work one way one will work that way
immediately when implemented
Configurable - Answers system has some add-ins and features that can be customized to the
Transaction processing - Answers -modern TPS capture data continuously, so the system must
be available and ensure data integrity
-batch process and real-time processing
Batch Processing - Answers data is collected as it is generated but it is processed later at a
scheduled time
-benefits efficiency, simplicity, quality of data
Real-time Processing - Answers -transactions are processed as they occur
-benefits: accounting records are always current
Software - Answers -interface between the components of a system and the users of the AIS
System Software - Answers -specialized software that run a computer's hardware and other
software
Operating System - Answers supports a computer's basic functions
Database Management System - Answers -define, manipulate, and retrieve data in a database
Data Communication Software - Answers -provide remote access to exchange data
Utility programs - Answers used for analyzing configuring optimizing and maintaining a
computer.
Application Software - Answers end user programs that performs specific functions
Software Sourcing - Answers Purchasing 3rd party software
-copyright infringement, data breaches, disruptions
Develop in house (expensive)
Cloud Computing - Answers -provides access to shared resources, such as processing,
applications, and data storage, over the internet
Cloud Service Models - Answers software as a service
-uses the internet to provide customers with applications that are managed by a third party
Platform as a Service - Answers -provides customers a platform for remote software
development
Cloud Risks - Answers Reliability
, -no internet, no system
-unreliable provider
-privacy: breaches of the provider put the customer at risk
-Security: lax security might result in accessing customer data
Internet of Things - Answers -connects everyday devices
Managing Risk - Answers the risk faced by startups and small businesses are likely very
different from those faced by large corporations
Compensating Controls - Answers -are in place to reduce the risks when more expensive or
complex controls do not exist
Organic Gorowtj - Answers occurs when a company uses its own resources and business
processes to increase sales, customers and markets share
Acquisition Growth - Answers occurs as a company purchase and integrates other companies
into its infrastructure
Merger - Answers combination of two separate companies into a new legal entity
Aquisition - Answers one company purchases all or a majority of another company's shares to
gain control over the company
Systems integration - Answers process of joining different systems or subsystem into one
larger system and ensuring that they function as one system
Lift and Shift - Answers acquiring company moves the acquired systems,physically placing the
savers in the data centers and maintaining the existing systems as they are
Immediate - Answers convert existing date in the squires system to be retired and migrating it
to the new system
Centralized System - Answers connects all users to one central location built around a server or
cluster of servers that all authorized users can access
Decentralized Systema - Answers utilizes multiple locations that each maintain a copy of the
data needed for its connected systems
-multiple access points for users, but not all users are connected to all access
ERP Out of the Box - Answers preconfigured to work one way one will work that way
immediately when implemented
Configurable - Answers system has some add-ins and features that can be customized to the
