1 for specific request mail
Pre-Assessment: Accounting Information Systems
(QNO1) (PQNO) Questions and Correct Answers |
Latest Update
What are the advantages of using data coding in accounting information
systems?
A) Providing a means of accountability over the incompleteness of the
transactions processed
B) Misidentifying unique transactions and accounts within a file
Assignment Expert
C) Supporting the audit function by providing an ineffective audit trail
D) Concisely representing large amounts of complex information that
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would otherwise be unmanageable
Ans: D) Concisely representing large amounts of complex information
that would otherwise be unmanageable
2026
How is the digital audit trail like the paper audit trail?
©
A) The digital audit trail is unable to contact customers for verification.
B) The digital audit trail uses only hard copies.
C) The digital audit trail allows transaction tracing.
D) The digital audit trail is unable to find errors.
Ans: C) The digital audit trail allows transaction tracing.
What does an external auditor's responsibility involve?
A) Encouraging incomplete work
B) Hiding invalid accounts
C) Camouflaging instances of inaccurate reporting
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D) Determining validity, accuracy, and completeness
Ans: D) Determining validity, accuracy, and completeness
Which type of digital computer file stores payroll programs and other
data that are used as standards for processing?
A) Master file
B) Transaction file
C) Archive file
Assignment Expert
D) Reference file
Ans: D) Reference file
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With which cycle does the fixed asset system share some characteristics?
A) Conversion cycle
2026
B) Revenue cycle
C) Development cycle
©
D) Expenditure cycle
Ans: D) Expenditure cycle
Which company cycle transforms or converts input resources; such as
raw materials, labor, and overhead; into finished products or services for
sale?
A) Expenditure cycle
B) Revenue cycle
C) Development cycle
D) Conversion cycle
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Ans: D) Conversion cycle
Data coding involves creating simple numeric or alphabetic codes to
represent complex economic phenomena that facilitate efficient data
processing. Which problem does data coding solve?
A) Items sold can be properly identified and entered onto source
documents.
B) An entry takes a great deal of recording space, is time-consuming to
record, and is prone to many types of errors.
Assignment Expert
C) Postings to ledger accounts require minimal searching through the
subsidiary files using small descriptions as the key.
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D) Locating and picking goods for shipment is efficient, and shipping
errors are unlikely.
Ans: B) An entry takes a great deal of recording space, is time-
2026
consuming to record, and is prone to many types of errors.
Which information flow supports preparing the financial statements of an
©
organization?
A) External horizontal
B) Internal horizontal
C) External vertical
D) Internal vertical
Ans: D) Internal vertical
What is the relationship between the transaction processing system (TPS)
and the general ledger system (GLS)?
A) The GLS captures TPS transactions.
Pre-Assessment: Accounting Information Systems
(QNO1) (PQNO) Questions and Correct Answers |
Latest Update
What are the advantages of using data coding in accounting information
systems?
A) Providing a means of accountability over the incompleteness of the
transactions processed
B) Misidentifying unique transactions and accounts within a file
Assignment Expert
C) Supporting the audit function by providing an ineffective audit trail
D) Concisely representing large amounts of complex information that
Guru01 - Stuvia
would otherwise be unmanageable
Ans: D) Concisely representing large amounts of complex information
that would otherwise be unmanageable
2026
How is the digital audit trail like the paper audit trail?
©
A) The digital audit trail is unable to contact customers for verification.
B) The digital audit trail uses only hard copies.
C) The digital audit trail allows transaction tracing.
D) The digital audit trail is unable to find errors.
Ans: C) The digital audit trail allows transaction tracing.
What does an external auditor's responsibility involve?
A) Encouraging incomplete work
B) Hiding invalid accounts
C) Camouflaging instances of inaccurate reporting
, 2 for specific request mail
D) Determining validity, accuracy, and completeness
Ans: D) Determining validity, accuracy, and completeness
Which type of digital computer file stores payroll programs and other
data that are used as standards for processing?
A) Master file
B) Transaction file
C) Archive file
Assignment Expert
D) Reference file
Ans: D) Reference file
Guru01 - Stuvia
With which cycle does the fixed asset system share some characteristics?
A) Conversion cycle
2026
B) Revenue cycle
C) Development cycle
©
D) Expenditure cycle
Ans: D) Expenditure cycle
Which company cycle transforms or converts input resources; such as
raw materials, labor, and overhead; into finished products or services for
sale?
A) Expenditure cycle
B) Revenue cycle
C) Development cycle
D) Conversion cycle
, 3 for specific request mail
Ans: D) Conversion cycle
Data coding involves creating simple numeric or alphabetic codes to
represent complex economic phenomena that facilitate efficient data
processing. Which problem does data coding solve?
A) Items sold can be properly identified and entered onto source
documents.
B) An entry takes a great deal of recording space, is time-consuming to
record, and is prone to many types of errors.
Assignment Expert
C) Postings to ledger accounts require minimal searching through the
subsidiary files using small descriptions as the key.
Guru01 - Stuvia
D) Locating and picking goods for shipment is efficient, and shipping
errors are unlikely.
Ans: B) An entry takes a great deal of recording space, is time-
2026
consuming to record, and is prone to many types of errors.
Which information flow supports preparing the financial statements of an
©
organization?
A) External horizontal
B) Internal horizontal
C) External vertical
D) Internal vertical
Ans: D) Internal vertical
What is the relationship between the transaction processing system (TPS)
and the general ledger system (GLS)?
A) The GLS captures TPS transactions.
