WGU D217 Accounting Information Systems OA: Actual Exam Questions & Guide

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WGU D217 Accounting Information Systems OA

ACTUAL EXAM STUDY GUIDE 2025/2026 COMPLETE

QUESTIONS WITH CORRECT DETAILED ANSWERS ||

100% GUARANTEED PASS <RECENT VERSION>

The primary input to the transaction processing system is

.....Answer.......a financial transaction


The major difference between the financial reporting system

(FRS) and the management reporting system (MRS) is the

.....Answer.......FRS provides information to external users; the

MRS provides information to internal users.


The author distinguishes between the accounting information

system and the management information system based on

.....Answer.......whether the transactions are financial or

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nonfinancial that directly affect the processing of financial

transactions


An example of a financial transactions is .....Answer.......the

purchase of computer


An example of a nonfinancial transaction is .....Answer.......log of

customer calls


The transaction processing system includes which of the following

.....Answer.......the conversion cycle


The goal of data processing is .....Answer.......the production of

useful information


Which of the following is an external end user?

.....Answer.......tax authorities

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An appraisal function housed within the organization that

performs a wide range of services for management is

.....Answer.......internal auditing


What factor conceptually distinguishes external auditing and

internal auditing? .....Answer.......constituents


What system is part of the expenditure cycle? .....Answer.......cash

disbursements


Both the revenue and the expenditure cycle can be viewed as

having two parts. These key parts are .....Answer.......physical

and financial


System flowcharts do which one of the following?

.....Answer.......represent relationships between key elements of

both manual and computer systems

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Which symbol is used to represent a data source or destination

of documents and reports in a system flowchart?

.....Answer.......oval


Which accounting application is least suited to batch processing?

.....Answer.......Sales Order Processing


In contrast to a real-time system, in a batch processing system

.....Answer.......there is a lag between the time when the economic

event occurs, and the financial records are updated.


In contrast to a batch processing system, in a real-time system

.....Answer.......processing takes place when the economic event

occurs.


The coding scheme most appropriate for a chart of accounts is

.....Answer.......block code