Q.1
Which of the following statements about AIS is most true?
A.
Compared to introductory accounting! AIS is more likely to have problems with nondeterministic answers.
B.
Compared to introductory accounting! AIS is less likely to have problems with nondeterministic answers.
C.
Introductory accounting and AIS are equally likely to have problems with nondeterministic answers.
D.
Compared to introductory accounting! AIS is less likely to have problems with nondeterministic answers.
View Answer
Option: A (Compared to introductory accounting! AIS is more likely to have problems with nondeterministic answers.)
Q.2
Which of the following statements best demonstrates a di8erence between AIS and other areas of study in accounting?
A.
General ledger software can only be used in AIS.
B.
The matching principle is less important in AIS than in other areas of accounting.
C.
AIS often looks at the “big picture” of accounting
D.
Topics studied in AIS courses are not typically included on accounting professional exams
View Answer
Option: C(AIS often looks at the “big picture” of accounting)
Q.3
The generic structure of most accounting information systems comprises_____ elements.
A.
2
B.
3
C.
5
D.
More than Five
View Answer
Option: C(5)
Q.4
Which generic element of the AIS is focused on master files, transaction files and junction files?
A.
Inputs
B.
Processes
C.
Outputs
D.
Storage
View Answer
Option: D(Storage)
Q.5
The generic elements of AIS include inputs and outputs. Which of the following statements about them is most true?
A.
Inputs should be paper based outputs should ‘e electronic.
B.
Outputs should be paper based : inputs should be electronic.
C.
If inputs are paper based outputs should also be paper based.
D.
If inputs are electronic: Outputs could ‘e either paper based or electronic
View Answer
Option: D(If inputs are electronic: Outputs could ‘e either paper based or electronic)
Q.6
Which of the following describes an ERP system?
A.
ERP systems provide a foundation for collaboration between departments
B.
ERP systems enable people in different business areas to communicate
C.
ERP systems have been widely adopted in large organizations to store critical knowledge used to make the decisions that drive the organization’s performance
D.
All of the above
View Answer
Option: D(All of the above)
Q.7
What is at the heart of any ERP system?
A.
Information
B.
Employees
C.
Customers
D.
Database
View Answer
Option: D(Database)
Q.8
What must a system do to qualify as a true ERP solution?
A.
Be flexible
B.
Be modular and closed
C.
Extend within the company
D.
All of the above
View Answer
Option: D(All of the above)
Q.9
Which of the following is a reason for ERPs explosive growth?
A.
ERP is a logical solution to the mess of incompatible applications
B.
ERP addresses the need for global information sharing and reporting
C.
ERP is used to avoid the pain and expense of fixing legacy systems
D.
All of the above
View Answer
Option: D(All of the above)
Q.10
Which of the following occurs when everyone involved in sourcing, producing, and delivering the company’s product works with the same information?
A.
Eliminates redundancies
B.
Cuts down wasted time
C.
Removes misinformation
D.
All of the above
View Answer
Option: D(All of the above)
