Archives: Quiz
Accounting Chapter 19 1 Explicitly identifying the different employees who participate in each event by their job functions is helpful when verifying
Copyright © 2012 Pearson Education, Inc. publishing as Prentice Hall Accounting Information Systems, 12e (Romney/Steinbart) Chapter 19 Special Topics in REA Modeling 1) Explicitly identifying the different employees who participate in each event by their job functions is helpful when […]
Finance Chapter 6 2 According to the efficient markets hypothesis, who is most likely to benefit from frequently moving funds from one asset to another
Copyright © 2012 Pearson Education, Inc. 15) In an efficient market with rational expectations, the actual price of an asset A) will equal its expected price. B) will often be below its expected price. C) will often be above its […]
Accounting Chapter 18 2 In which of the following cases is the number of tables required to represent the relationship equal to three
Copyright © 2012 Pearson Education, Inc. publishing as Prentice Hall 42) In which of the following cases is the number of tables required to represent the relationship equal to three? A) B) C) D) Answer: D Page Ref: 530 Objective: […]
Finance Chapter 6 1 According to the Gordon-Growth model, which of the following can cause the value of a stock to decline
Copyright © 2012 Pearson Education, Inc. Money, Banking, and the Financial System (Hubbard/O’Brien) Chapter 6 The Stock Market, Information, and Financial Market Efficiency 6.1 Stocks and the Stock Market 1) Limited liability can best be defined as the legal provision […]
Accounting Chapter 18 1 The primary key for a Sales-Inventory table that consists of the Sales Invoice Number and the Inventory Item Number
Copyright © 2012 Pearson Education, Inc. publishing as Prentice Hall Accounting Information Systems, 12e (Romney/Steinbart) Chapter 18 Implementing an REA Model in a Relational Database 1) Integrating separate REA diagrams developed for individual transaction cycles into a single, comprehensive enterprise-wide […]
Finance Chapter 5 2 global investors began to regain confidence in the financial system and reversed the flight to safety that had taken place during the depths
Copyright © 2012 Pearson Education, Inc. 47) Which bond would someone in a 35% tax bracket choose to buy: a municipal bond with an interest rate of 7% or a corporate bond with an interest rate of 10%? Answer: The […]
Accounting Chapter 17 1 The process of defining a database so that it faithfully represents all aspects of the organization including its interactions with the external environment is called
Copyright © 2012 Pearson Education, Inc. publishing as Prentice Hall Accounting Information Systems, 12e (Romney/Steinbart) Chapter 17 The REA Data Model 1) Which of the following statements about REA modeling and REA diagrams is false? A) REA is an acronym […]
Finance Chapter 5 1 Investors often pay professional analysts to gather and monitor information on the creditworthiness of borrowers because
Copyright © 2012 Pearson Education, Inc. Money, Banking, and the Financial System (Hubbard/O’Brien) Chapter 5 The Risk Structure and Term Structure of Interest Rates 5.1 The Risk Structure of Interest Rates 1) The risk structure of interest rates refers to […]
Accounting Chapter 16 1 The general ledger and reporting system is designed to provide information for which of the following user groups
Copyright © 2012 Pearson Education, Inc. publishing as Prentice Hall Accounting Information Systems, 12e (Romney/Steinbart) Chapter 16 General Ledger and Reporting System 1) The general ledger and reporting system consists of the ________ involved in ________ the general ledger and […]
Finance Chapter 4 2 Make use of a graph of the bond market to show how this affected the price of mortgage-backed securities
Copyright © 2012 Pearson Education, Inc. 33) Studies by economists suggest that A) households do not increase their saving as the government’s dissaving increases. B) households increase their saving, but not by the full amount of an increase in government […]
Accounting Chapter 15 1 Company policy is to pay commissions only on orders directly received by sales people, not on orders received over the phone
Copyright © 2012 Pearson Education, Inc. publishing as Prentice Hall Accounting Information Systems, 12e (Romney/Steinbart) Chapter 15 The Human Resources Management and Payroll Cycle 1) Which activity below is not performed by the HRM? A) compensation B) training C) discharge […]
Finance Chapter 4 1 As wealth decreases, which of the following is likely to account for a larger fraction of a saver’s portfolio
Copyright © 2012 Pearson Education, Inc. Money, Banking, and the Financial System (Hubbard/O’Brien) Chapter 4 Determining Interest Rates 4.1 How to Build an Investment Portfolio 1) Investors value liquidity in an asset because A) liquid assets tend to have high […]
Accounting Chapter 14 1 What is the relationship between the revenue and production cycles regarding the exchange of information
Copyright © 2012 Pearson Education, Inc. publishing as Prentice Hall Accounting Information Systems, 12e (Romney/Steinbart) Chapter 14 The Production Cycle 1) The AIS compiles and feeds information among the business cycles. What is the relationship between the revenue and production […]
Finance Chapter 3 2 For bonds issued at the same point in time, which of the following is likely to have the highest coupon
Copyright © 2012 Pearson Education, Inc. 6) A one-year discount bond with a par value of $5000 sold today, at issuance, for $4750 has a yield to maturity of A) 5.00%. B) 5.26%. C) 2.50%. D) 9.75%. Answer: B Diff: […]
Accounting Chapter 13 2 The management at Sad Clown Pajamas, an Internet-based wholesaler, is considering a new inventory control system
Copyright © 2012 Pearson Education, Inc. publishing as Prentice Hall 51) What control should be put in place that assigns responsibility for EFT payments made to vendors? A) Encrypt all EFT transmissions. B) Time stamp all EFT transactions. C) Establish […]
Finance Chapter 3 1 What is the yield to maturity on a simple loan that requires payment of $500 plus $30 in interest one year from now
Copyright © 2012 Pearson Education, Inc. Money, Banking, and the Financial System (Hubbard/O’Brien) Chapter 3 Interest Rates and Rates of Return 3.1 The Interest Rate, Present Value, and Future Value 1) Suppose Matt’s New Cars issues a discount bond with […]
Accounting Chapter 13 1 The Squishy Things Toy Company was established in 1948. It recently signed a large contract with a chain of retail toy stores
Copyright © 2012 Pearson Education, Inc. publishing as Prentice Hall Accounting Information Systems, 12e (Romney/Steinbart) Chapter 13 The Expenditure Cycle: Purchasing to Cash Disbursements 1) The Squishy Things Toy Company was established in 1948. It recently signed a large contract […]
Finance Chapter 2 2 According to the equation of exchange, how can national income grow even though the amount of money does not
Copyright © 2012 Pearson Education, Inc. 4) Which of the following is an example of fiat money? A) A cowry shell used as money on a South Pacific island. B) A gold coin used as money in nineteenth century England. […]
Accounting Chapter 12 2 All of the following edit checks for online editing of accounts receivable transactions would probably be included except
Copyright © 2012 Pearson Education, Inc. publishing as Prentice Hall 48) All of the following edit checks for online editing of accounts receivable transactions would probably be included except A) validity checks on customer ID and invoice numbers. B) check […]
Finance Chapter 2 1 Andy has a Alex Rodriguez baseball card and would like to trade it to Danny for Danny’s Albert Pujols card
Copyright © 2012 Pearson Education, Inc. Money, Banking, and the Financial System (Hubbard/O’Brien) Chapter 2 Money and the Payments System 2.1 Do We Need Money? 1) An important reason why economies at an early stage of development tend to operate […]
Accounting Chapter 12 1 Which of the following is not one of the controls for the mail room where customer payments are commingled with other mail
Copyright © 2012 Pearson Education, Inc. publishing as Prentice Hall Accounting Information Systems, 12e (Romney/Steinbart) Chapter 12 The Revenue Cycle: Sales to Cash Collections 1) In organizations with at least basic segregation of duties, the credit manager reports to the […]
Finance Chapter 1 1 A bank lending depositors’ money to a local business and a pension fund investing contributions in shares of
Copyright © 2012 Pearson Education, Inc. Money, Banking, and the Financial System (Hubbard/O’Brien) Chapter 1 Introducing Money and the Financial System 1.1 Key Components of the Financial System 1) The financial system is primarily a means by which A) borrowers […]
Accounting Chapter 11 1 Organizing the audit team and the physical examination of assets are components of which two separate audit stages
Copyright © 2012 Pearson Education, Inc. publishing as Prentice Hall Accounting Information Systems, 12e (Romney/Steinbart) Chapter 11 Auditing Computer-Based Information Systems 1) Auditing involves the A) collection, review, and documentation of audit evidence. B) planning and verification of economic events. […]
Accounting Chapter 10 1 Which of the following data entry controls would not be useful if you are recording the checkout of library books by members
Copyright © 2012 Pearson Education, Inc. publishing as Prentice Hall Accounting Information Systems, 12e (Romney/Steinbart) Chapter 10 Information Systems Controls for Systems Reliability Part 3: Processing Integrity and Availability 1) The best example of a hash total for a payroll […]
Accounting Chapter 9 1 The system and processes used to issue and manage asymmetric keys and digital certificates are known as
Copyright © 2012 Pearson Education, Inc. publishing as Prentice Hall Accounting Information Systems, 12e (Romney/Steinbart) Chapter 9 Information Systems Controls for Systems Reliability Part 2: Confidentiality and Privacy 1) Concerning virtual private networks (VPN), which of the following is not […]
Accounting Chapter 8 1 The Trust Services Framework reliability principle that states that users must be able to enter, update, and retrieve data during agreed-upon times is known as
Copyright © 2012 Pearson Education, Inc. publishing as Prentice Hall Accounting Information Systems, 12e (Romney/Steinbart) Chapter 8 Information Systems Controls for System Reliability Part 1: Information Security 1) The Trust Services Framework reliability principle that states that users must be […]
Business Communication Chapter 19 2 A screening interview is usually used to gauge a job candidate’s personality and personal qualities
Copyright © 2012 Pearson Education, Inc. 45) Preliminary screening interviews are often conducted via telephone or Skype. Answer: TRUE Explanation: Preliminary screening interviews are used to weed out inappropriate candidates and assemble a pool of qualified candidates. Since there are […]
Accounting Chapter 7 2 A document that shows all projects that must be completed and the related IT needs in order to achieve long-range company goals is known as a
Copyright © 2012 Pearson Education, Inc. publishing as Prentice Hall 54) The risk that remains after management implements internal controls is A) Inherent risk B) Residual risk C) Risk appetite D) Risk assessment Answer: B Page Ref: 193 Objective: Learning […]
Business Communication Chapter 19 1 If your application letter and résumé fail to bring a response within a week or so after the position close date
Copyright © 2012 Pearson Education, Inc. Business Communication Today, 11e (Bovee/Thill) Chapter 19 Applying and Interviewing for Employment 1) The approach you take for an application letter depends on A) how badly you want the job. B) whether or not […]
Accounting Chapter 7 1 A control procedure designed so that the employee that records cash received from customers does not also have access to the cash itself is an example of
Copyright © 2012 Pearson Education, Inc. publishing as Prentice Hall Accounting Information Systems, 12e (Romney/Steinbart) Chapter 7 Control and Accounting Information Systems 1) What is one reason why AIS threats are increasing? A) LANs and client/server systems are easier to […]
Business Communication Chapter 18 2 A functional résumé is structured around a list of skills and abilities and focuses on the person’s areas of competence.
Copyright © 2012 Pearson Education, Inc. 49) A functional résumé is structured around a list of skills and abilities and focuses on the person’s areas of competence. Answer: TRUE Explanation: A functional résumé is organized around skills such as knowledge […]
Accounting Chapter 6 1When a computer criminal gains access to a system by searching records or the trash of the target company, this is referred to as
Accounting Information Systems, 12e (Romney/Steinbart) Chapter 6 Computer Fraud and Abuse Techniques 1) Wally Hewitt maintains an online brokerage account. In early March, Wally received an email from the firm that explained that there had been a computer error and […]
Business Communication Chapter 18 1 A type of résumé that emphasizes a candidate’s skills and accomplishments while also including a complete job history is termed
Copyright © 2012 Pearson Education, Inc. Business Communication Today, 11e (Bovee/Thill) Chapter 18 Building Careers and Writing Résumés 1) The best time for college students to begin developing a job-search strategy is A) about six months prior to graduation. B) […]
Accounting Chapter 5 1 Which of the following is the greatest risk to information systems and causes the greatest dollar losses
Copyright © 2012 Pearson Education, Inc. publishing as Prentice Hall Accounting Information Systems, 12e (Romney/Steinbart) Chapter 5 Computer Fraud 1) Perhaps the most striking fact about natural disasters in relation to AIS controls is that A) many companies in one […]
Business Communication Chapter 17 2 Flip charts are often used to show how to demonstrate new software programs to large groups
Copyright © 2012 Pearson Education, Inc. 45) Flip charts are particularly effective for recording ideas during group brainstorming sessions. Answer: TRUE Explanation: Many group leaders like the process of scribbling ideas on a flip chart and then flipping to a […]
Accounting Chapter 4 2 He has meticulous records of every job he has ever done, carefully handwritten with the customer name and address
Copyright © 2012 Pearson Education, Inc. publishing as Prentice Hall 53) Scuz Bootes has been doing custom choppers, piercings, and tattoos for over thirty years. His home and place of business is a garage in the harbor district of Seattle, […]
Business Communication Chapter 17 1 Which of the following visuals would be particularly helpful for recording ideas during a group brainstorming session
Copyright © 2012 Pearson Education, Inc. Business Communication Today, 11e (Bovee/Thill) Chapter 17 Enhancing Presentations with Slides and Other Visuals 1) Studies show that visuals can improve learning by up to ________ percent. A) 50 B) 100 C) 200 D) […]
Accounting Chapter 4 1 The feature in many database systems that simplifies the creation of reports by allowing users to specify the data elements
Accounting Information Systems, 12e (Romney/Steinbart) Chapter 4 Relational Databases 1) Using a file-oriented approach to data and information, data is maintained in A) a centralized database. B) many interconnected files. C) many separate files. D) a decentralized database. Answer: C […]
Business Communication Chapter 16 2 Your speech outline is a good place to include annotations about the specific body language or gestures you want to use
Copyright © 2012 Pearson Education, Inc. 45) The speech outline is not an appropriate place to include notes about the visual aids you plan to use. Answer: FALSE Explanation: In a speech outline, you need to provide cues and reminders […]
Accounting Chapter 3 2 Chuck and Jill Scruggs travel in their motor home six months of the year and buy unique artifacts. Within hours after the Scruggs make a purchase
Copyright © 2012 Pearson Education, Inc. publishing as Prentice Hall 51) Chuck and Jill Scruggs travel in their motor home six months of the year and buy unique artifacts. Within hours after the Scruggs make a purchase, they have photographed […]
Business Communication Chapter 16 1 If your speech or presentation requires the audience to participate in an upcoming project, you should
Copyright © 2012 Pearson Education, Inc. Business Communication Today, 11e (Bovee/Thill) Chapter 16 Developing Oral and Online Presentations 1) Speeches and oral presentations are much like any other messages in that A) they require similar planning. B) they require no […]
Accounting Chapter 3 1 The Union Soup Kitchen is a non-profit organization that collects, stores, prepares and provides food to the homeless in Erie, Pennsylvania
Copyright © 2012 Pearson Education, Inc. publishing as Prentice Hall Accounting Information Systems, 12e (Romney/Steinbart) Chapter 3 Systems Documentation Techniques 1) Graphical representations of information are often supplemented by A) product specifications. B) narrative descriptions. C) logic charts. D) oral […]
Business Communication Chapter 15 2 The letter of transmittal says what you would say if you were handing the report directly to someone
Copyright © 2012 Pearson Education, Inc. 45) The letter of transmittal says what you would say if you were handing the report directly to someone. Answer: TRUE Explanation: The letter of transmittal, even in a highly formal report, allows the […]
Accounting Chapter 2 2 Hector Sanchez works in the accounting department of a multinational manufacturing company. His job includes updating accounts payable
Copyright © 2012 Pearson Education, Inc. publishing as Prentice Hall 44) The premier buyer and seller of vintage action figures in the San Francisco Bay area is Vini Vidi Geeky. Since 1996, the owner, Glamdring Elfthrall, has leveraged computer technology […]
Business Communication Chapter 15 1 The four tasks involved in completing business reports and proposals include all of the following except
Copyright © 2012 Pearson Education, Inc. Business Communication Today, 11e (Bovee/Thill) Chapter 15 Completing Reports and Proposals 1) The four tasks involved in completing business reports and proposals include all of the following except A) distributing. B) revising. C) producing. […]
Accounting Chapter 2 1 Documents that are sent to customers or suppliers and then sent back to the company in the course of a business transaction are known as
Copyright © 2012 Pearson Education, Inc. publishing as Prentice Hall Accounting Information Systems, 12e (Romney/Steinbart) Chapter 2 Overview of Transaction Processing and ERP Systems 1) What usually initiates data input into a system? A) The transaction system automatically checks each […]
Business Communication Chapter 14 2 The general purpose of any proposal is to get your audience members to change their minds about some important issue
Copyright © 2012 Pearson Education, Inc. 45) Most RFPs spell out exactly what you should cover in your report and in what order. Answer: TRUE Explanation: A properly written RFP specifies precisely what the client is looking for. In some […]
Accounting Chapter 1 2 Robinson Crusoe has formed a business that sells carved gourmet coconuts. He has hired five employees.
Copyright © 2012 Pearson Education, Inc. publishing as Prentice Hall 40) Robinson Crusoe has formed a business that sells carved gourmet coconuts. He has hired five employees. The most senior is Friday, who manages the carving process. Monday is the […]
Business Communication Chapter 14 1 If you end up with a large number conclusions, recommendations, or actions in your report, it is a good idea to
Copyright © 2012 Pearson Education, Inc. Business Communication Today, 11e (Bovee/Thill) Chapter 14 Writing Reports and Proposals 1) To gain credibility with your audience in business reports, do all of the following except A) research all sides of your topic. […]
Accounting Chapter 1 1 Information that is free from error or bias and accurately represents the events or activities of the organization is
Copyright © 2012 Pearson Education, Inc. publishing as Prentice Hall Accounting Information Systems, 12e (Romney/Steinbart) Chapter 1 Accounting Information Systems: An Overview 1) Which of the following statements below shows the contrast between data and information? A) Data is the […]