AIS Exam with Correct Answers

AIS Exam with Correct Answers Which of the following is usually a benefit of using electronic funds transfer for international cash transactions? - ANS ️️ Reduction of the frequency of data entry errors An enterprise resource planning system is designed to: - ANS ️️ Integrate data from all aspects of an organizations activities In an accounting information system, which of the following types of computer files most likely would be a master file? - ANS ️️ Inventory subsidiary A distributed processing environment would be most beneficial in which of the following situations? - ANS ️️ Large volumes of data are generated at many locations and fast access is required What type of computerized data processing system would be most appropriate for a company that is opening a new retail location? - ANS ️️ Real-time processing Mill Co. uses a batch processing method to process its sales transactions. Data on Mill's sales transaction file are sorted by customer number and are subjected to programmed edit checks in preparing its invoices, sales journals, and updated customer account balances. One of the direct outputs of the creation of this file most likely would be a: - ANS ️️ Report showing exceptions and control totals Place the following sequence of events in an AIS in the proper logical order: I. Trial balances are prepared. II. The transaction data from the source documents is entered into the AIS by an end user. III. Financial reports are generated. IV. These transactions are recorded in the appropriate journal. V. The original paper source documents are filed.