Final SUA Exam Review Questions | 2026/2027

Final SUA Exam Review Questions
With Correct Answers 2026/2027

d. - ANSW R-Adjusting ntri s ar pr par d for which of th following
E e e e e e e




a. r cord d pr ciation xp ns
e e e e e e



b. adjust payroll xp ns for wag s arn d but not y t paid e e e e e e e



c. r cord an inv ntory purchas
e e e



d. a and b only

a. - ANSW R-in th cash disburs m nts cycl , th v ndor invoic is mark d paid wh n a ch ck is
E e e e e e e e e e e



issu s in ord r to
e e




a. avoid duplicat paym nt e e



b. fil th invoic alphab tically
e e e e



c. mak th n c ssary ntry in cash disburs m nt journal
e e e e e e e



d. indicat th purchas is a fix d ass t
e e e e e




a. - ANSW R-at warr n sports supply a compl t d cr dit sal s transaction should b support d
E e e e e e e e



by

a. a custom r ord r, bill of lading, sal s invoic
e e e e



b. a custom r ord r, r c iving r port, sal s invoic
e e e e e e e



c. custom r ord r, bill of lading, vouch r, sal s invoic
e e e e e



d. custom r ord r, bill of lading, r c iving r port, sal s invoic
e e e e e e e




b. - ANSW R-which of th following control proc dur s would most lik ly assur that goods
E e e e e e



shipp d ar bill d?
e e e




a. r vi wing sal s journal for s qu ntial and unusual ntri s
e e e e e e e



b. xamining shipping docum nts for matching copi s of sal s invoic s
e e e e e



c. comparing th accounts r c ivabl l dg r to daily sal s summari se e e e e e e e



d. insp cting unus d sal s invoic s for cons cutiv pr numb ring
e e e e e e e e




d. - ANSW R-Why ar mploy s r quir d to sign th ir tim cards ach w k upon r c ipt of th ir
E e e ee e e e e e ee e e e



ch ck?
e




A.to acknowl dg th numb r of hours th y work d that w k
e e e e e e ee



B.to acknowl dg that th y r c iv d th ir ch ck e e e e e e e e



C.to acknowl dg that th payroll journal posting is corr ct
e e e e



D.a and b only

, b. - ANSW R-What docum nt do s a custom r r c iv wh n goods ar r turn d?
E e e e e e e e e e e




A.purchas ord r e e



B.cr dit m mo e e



C.d bit m mo e e



D.r c iving r port
e e e




c. - ANSW R-Which of th following stat m nts is fals ? E e e e e




A. As accounting syst ms b com mor automat d, th lik lihood of human input rrors will e e e e e e e e



lik ly d cr as .
e e e e



B. As accounting syst ms b com mor int rconn ct d, transaction cycl tim s will lik ly d cr as . e e e e e e e e e e e e e



C. As accounting syst ms b com mor automat d, manag m nt's ass rtions r lating to th e e e e e e e e e e



transaction cycl will lik ly chang to r fl ct th advanc m nts in automation. e e e e e e e e



D. As accounting syst ms b com mor int rconn ct d, th flowcharts r lating to th transaction e e e e e e e e e e



cycl will lik ly chang to r fl ct th advanc m nts in automation.
e e e e e e e e




c. - ANSW R-In an accounting syst m, th s paration of duti s is an important asp ct of th
E e e e e e e



control nvironm nt. At War n Sports Supply, th thr mploy s ar s parat d according to
e e e e ee e ee e e e



which thr r sponsibiliti s? ee e e




A. accounting/op rations (Ford), authorization (Kram r), and custody (Adams) e e



B. accounting (Adams), custody (Kram r), and op rations/authorization (Ford) e e



C. accounting (Adams), custody/authorization (Kram r), and op rations (Ford) e e



D. accounting/authorization (Kram r), custody (Adams), and op rations (Ford) e e




. - ANSW R-A docum nt pr par d in th sal s d partm nt of most firms for r cording th
e E e e e e e e e e e



d scription, quantity and r lat d information for goods purchas d by th ir custom rs is call d
e e e e e e e



a:
S l ct d Answ r:
e e e e




A. purchas ord r e e



B. sal s invoic e e



C. purchas r quisition e e



D. custom r ord r e e



. sal s ord r
E e e




a. - ANSW R-As th manag r of a company, you ar conc rn d that not all custom r ord rs ar
E e e e e e e e e



b ing shipp d. To t st wh th r all ord rs for th y ar hav b n shipp d, you would:
e e e e e e e e e ee e




A.r vi w all custom r ord rs and mak sur that ach has a r lat d bill of lading.
e e e e e e e e e



B.r vi w all custom r ord rs and mak sur that ach has a r lat d sal s invoic .
e e e e e e e e e e e



C.r vi w all bills of lading and mak sur that ach has a r lat d sal s invoic .
e e e e e e e e e



D.r vi w all sal s invoic s to mak sur that th y hav b n post d in th r lat d journal.
e e e e e e e e ee e e e e