Accounting information systems have five generic elements. Which of the following
includes two examples of the same element?
A. Form W-4, Form W-2
B. Form W-2, Form 1099
C. Form W-4, Form 1099
D. All of these
Both Form W-2 and Form 1099 are outputs. Form W-4 is an input.
Refer to the illustrations below as you answer the question:
Suppose the partial flowchart was converted to one of the data flow diagrams
illustrated. Which of the following statements is most true?
A. The partial flowchart should be converted to Diagram B; the circles would be
labeled “create invoice” and “update customer database.”
B. The partial flowchart should be converted to Diagram C; the circle would be labeled
“create invoice.”
C. The partial flowchart should be converted to Diagram D; the rectangle would
represent the customer database.
D. None of these statements is true.
A disaster recovery plan is a good internal control for which of the following risks
associated with XBRL?
A. Tagging errors
B. Software failure
C. Both tagging errors and software failure
D. Neither tagging errors nor software failure
Well-known enterprise resource planning systems include: (i) Oracle’s PeopleSoft, (ii)
SAP, (iii) Microsoft Excel.
A. I and II only
B. I and III only
C. II and III only
D. I, II and III
According to COBIT’s principles, information technology governance and management
should enable a ___ approach.
A. stakeholder
B. framework
C. behavioral
D. holistic
The accounting cycle comprises ten steps. In which step would you expect to find a
difference between view-driven and event-driven AIS?
A. Analyze transactions.
B. Record adjusting entries.
C. Both analyze transactions and record adjusting entries.
D. Neither analyze transactions nor record adjusting entries.
RSP Corporation started developing its internal audit process five years ago. When the
process started, every internal auditor did things differently. But, the process has
progressed until now, many employees at RSP think about ways to improve both the
internal audit process and other business processes continually. Which level of the
capability maturity model best describes RSP’s internal audit process?
A. Repeatable
B. Defined
C. Managed
D. Optimized
Consider the following partially completed flowchart as you respond to the questions:
Which type of flowchart is depicted?
A. document
B. systems
C. hardware
D. program
In manufacturing units of Product A27, Mike is supposed to use three pounds of raw
material for each unit. But, due to poor quality in a recent batch of raw materials, he
used an average of four pounds. Which of the following internal controls would prevent
the problem in the future?
A. Closer inspection of deliveries
B. More frequent performance evaluations for Mike
C. Both closer inspection of deliveries and more frequent performance evaluations for
Mike
D. Neither closer inspection of deliveries nor more frequent performance evaluations
for Mike
“The appropriate department processes the customer’s check” is an example of which
step in the sales/collection process?
A. Third
B. Fifth
C. Sixth
D. Last
Which of the following would most effectively be used to select XBRL tagging
software?
A. Expectancy theory
B. Weighted-rating model
C. COSO enterprise risk management framework
D. Accounting cycle
The generic elements of an AIS include processes and storage. Which of the following
statements about them is most true?
A. Both require internal controls, but the specific controls may be different.
B. Both require identical internal controls.
C. Storage is not subject to internal controls, but processes are.
D. Processes are not subject to internal controls, but storage is.
The generic structure of most accounting information systems comprises ___ elements.
A. Three
B. Four
C. Five
D. More than five