Archives
Accounting Chapter 1 1 An integrated enterprise system allows different departments to use the same information
Copyright © 2014 Pearson Education, Inc. Accounting Information Systems, 2e (Kay/Ovlia) Chapter 1 Accounting Systems Insights Objective 1 1) An IT auditor must understand the terms and definitions used by accounting and IT professionals. Answer: TRUE Diff: 1 Objective: Q1.1 […]
Accounting Chapter 1 2 which field belongs in a table containing customer information
Copyright © 2014 Pearson Education, Inc. 29) To record an inventory order, the information would be entered in a screen that looks similar to which paper form? A) Sales receipt B) Check C) Invoice D) Purchase order Answer: D Diff: […]
Accounting Chapter 10 1 Fraudulent financial reporting includes misstating financial statements to meet earnings targets
Copyright © 2014 Pearson Education, Inc. Accounting Information Systems, 2e (Kay/Ovlia) Chapter 10 Fraud and Internal Control Objective 1 1) Motive and opportunity without means still results in fraud. Answer: FALSE Diff: 1 Objective: Q10.1 Fraud: What will I tell […]
Accounting Chapter 10 2 List the five principle the on which the Trust Services framework is based
Copyright © 2014 Pearson Education, Inc. 13) Which general IT control covers acquisition, implementation, and maintenance of system software including the operating system, DBMS, network software, and security software? A) Access security controls B) Computer operations controls C) Program change […]
Accounting Chapter 11 1 Laws related to cybersecurity originate from legislation, regulations, and case law
Copyright © 2014 Pearson Education, Inc. Accounting Information Systems, 2e (Kay/Ovlia) Chapter 11 Cybersecurity Objective 1 1) Cybersecurity combines people, processes, and technology to continually monitor vulnerabilities and respond proactively to secure the system. Answer: TRUE Diff: 2 Objective: Q11.1 […]
Accounting Chapter 11 2 Which of the following firewalls destroys suspicious messages
Copyright © 2014 Pearson Education, Inc. 5) Which domain covers security for the electrical transmission of data through analog or digital transmission media? A) Security architecture and design B) Telecommunications C) Application security D) Cryptography Answer: B Diff: 2 Objective: […]
Accounting Chapter 12 1 The International Organization for Standardization framework for risk management
Copyright © 2014 Pearson Education, Inc. Accounting Information Systems, 2e (Kay/Ovlia) Chapter 12 The Risk Intelligent Enterprise: Enterprise Risk Management Objective 1 1) The SEC requires company boards to report in-depth on how their enterprises identify risk, set risk tolerances, […]
Accounting Chapter 12 2 Which of the following is an incident or occurrence that originates inside an organization
Copyright © 2014 Pearson Education, Inc. Match the word to the appropriate sentence to complete the risk response definition. A) An entity reduces risk likelihood or risk impact by ________ the risk with another entity. B) This risk response refers […]
Accounting Chapter 13 1 Project management uses techniques to organize and streamline the project
Copyright © 2014 Pearson Education, Inc. Accounting Information Systems, 2e (Kay/Ovlia) Chapter 13 Accounting System Development Objective 1 1) Luckily, project management questions are not part of the CPA exam. Answer: FALSE Diff: 1 Objective: Q13.1 What are the three […]
Accounting Chapter 13 2 What are the basic steps in the prototype methodology
Copyright © 2014 Pearson Education, Inc. 24) What are the basic steps in the prototype methodology? Answer: Step 1: Meet with your customer and identify some of the user requirements. Step 2: Create a design based on the known user […]
Accounting Chapter 14 1 What are the three realms of a database and what happens in each realm
Copyright © 2014 Pearson Education, Inc. Accounting Information Systems, 2e (Kay/Ovlia) Chapter 14 Database Design: ERD, REA, and SQL Objective 1 1) The largest provider of relational database tools is Sun Microsystems Inc. Answer: FALSE Diff: 1 Objective: Q14.1 What […]
Accounting Chapter 14 2 Why does a database designer need to understand a business’s rules
Copyright © 2014 Pearson Education, Inc. 36) How are business entities and their relationships identified? A) Determining the business rules for business transactions B) Determining the entity identifiers C) Normalizing the database D) Analyzing business transactions Answer: D Diff: 2 […]
Accounting Chapter 2 1 Which tier in the accounting system architecture that consists of onscreen forms
Copyright © 2014 Pearson Education, Inc. Accounting Information Systems, 2e (Kay/Ovlia) Chapter 2 Accounting Databases Objective 1 1) One of the disadvantages of a relational database is that we can enter data once into the database, and then reuse that […]
Accounting Chapter 2 2 Which of the relationships below is a many-to-many relationship
Copyright © 2014 Pearson Education, Inc. Use the database tables below to answer the following questions. 29) Which field in the SALES ORDERS table is a foreign key? A) SO No B) SO Date C) Shipping D) Customer ID Answer: […]
Accounting Chapter 3 1 The accounting interface connects the accountant user to the database behind the screen
Copyright © 2014 Pearson Education, Inc. Accounting Information Systems, 2e (Kay/Ovlia) Chapter 3 Accounting Interface: Database Forms, Queries, and Reports Objective 1 1) Accounting systems usually use a GUI to increase the ease of entering and retrieving accounting data. Answer: […]
Accounting Chapter 3 2 Which report is submitted to the Securities and Exchange commission
Copyright © 2014 Pearson Education, Inc. 28) You are an accountant in a small company and are asked to work with the IT to redesign the user interface. The IT database designer proposes using interface below. What changes should be […]
Accounting Chapter 4 1 What are the advantages of configuring or customizing a baseline accounting system
Copyright © 2014 Pearson Education, Inc. Accounting Information Systems, 2e (Kay/Ovlia) Chapter 4 Accounting Systems and Business Processes Objective 1 1) Since a baseline accounting system is already developed, the time line for developing a system can be accelerated. Answer: […]
Accounting Chapter 4 2 When data is shown going into a process but no data is shown going out
Copyright © 2014 Pearson Education, Inc. 19) In a BPMN diagram, which symbol represents a data object? A) B) C) D) Answer: D Diff: 2 Objective: Q4.5 How do I read a BPMN 2.0 diagram? 20) In a BPMN diagram, […]
Accounting Chapter 5 1 Each step in the business process and workflow must be documented
Copyright © 2014 Pearson Education, Inc. Accounting Information Systems, 2e (Kay/Ovlia) Chapter 5 Business Processes: Purchasing, Sales, and Payroll Cycles Objective 1 1) In a gap analysis, the gap between the baseline modules and the customization required to meet enterprise-specific […]
Accounting Chapter 5 2 Create a business process map organizer for the Spice House Purchase Order narrative
Copyright © 2014 Pearson Education, Inc. 17) In the receive items component of the Nice Lawn Purchase Narrative, what are the database tables? A) Item table, Vendor table, Purchase Order table, Purchase Order Line table, Accounts Receivable table B) Item […]
Accounting Chapter 6 1 The Internet permits remote sites to use a central database less efficiently
Answer: TRUE Diff: 1 Objective: Q6.1 What is an integrated enterprise system and how did we get here? Answer: FALSE Diff: 1 Objective: Q6.1 What is an integrated enterprise system and how did we get here? Answer: TRUE Diff: 1 […]
Accounting Chapter 7 1 Intelligence involves the ability to see meaningful interrelationships and glean insights
Copyright © 2014 Pearson Education, Inc. Accounting Information Systems, 2e (Kay/Ovlia) Chapter 7 Accounting and Business Intelligence Objective 1 1) Uninformed consumers drive enterprises to use their information assets in more intelligent ways. Answer: FALSE Diff: 1 Objective: Q7.1 How […]
Accounting Chapter 7 2 Which of the following is considered a disadvantage of shadow data
Copyright © 2014 Pearson Education, Inc. 3) Software called ________ translates data analysis query commands into commands that are compatible with RDBMS commands. Answer: Open DataBase Connectivity (ODBC) Diff: 1 Objective: Q7.4 Can shadow data create business intelligence (BI)? 4) […]
Accounting Chapter 8 1 Sustainability accounting does not impact people inside the organization.
Copyright © 2014 Pearson Education, Inc. Accounting Information Systems, 2e (Kay/Ovlia) Chapter 8 Accounting and Sustainability Intelligence Objective 1 1) There is a class of corporation that reports on profit, people, and planet. Answer: TRUE Diff: 1 Objective: Q8.1 What’s […]
Accounting Chapter 8 2 The success of a framework or model is often based upon not perfection
Copyright © 2014 Pearson Education, Inc. 6) Sustainability reporting expands a firm’s performance report to include not only economic performance, but also a firm’s performance as it relates to ________ responsibility. Answer: social and environmental Diff: 3 Objective: Q8.4 How […]
Accounting Chapter 9 1 Which programming language is used for financial reporting around the globe
Copyright © 2014 Pearson Education, Inc. Accounting Information Systems, 2e (Kay/Ovlia) Chapter 9 XBRL: Intelligent Business Reporting Objective 1 1) With XBRL, each financial reporting amount is electronically tagged with a description of the data. Answer: TRUE Diff: 1 Objective: […]
Accounting Chapter 9 2 What is the difference between bolt-on tagging and integrated tagging
Copyright © 2014 Pearson Education, Inc. 19) What is the difference between bolt-on tagging and integrated tagging? Answer: Some organizations required to use XBRL for financial reporting use XBRL bolt-on tagging, adding the data tags after the reports are created. […]