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ACC 350 Exam Study Guide Solutions

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ACC 350 Exam Study Guide Solutions One aspect of usefulness of information is _____,which reduces uncertainty - ANSWER-Relevance Systems problems always occur when - ANSWER-objective is not being met _____ is not organized in a meaningful way whereas _____ is organized to provide meaning. - ANSWER-data; information Data input is generally classified based on the source and type of data. Identify whether each item is either a source of data or a type of data. - ANSWER-Internal: Source External: Source Quantitative: Type Qualitative: Type Which of the following is one of the major components of an accounting information system (AIS)? - ANSWER-People ____________ systems are known for their ability to integrate accounting and non-financial information. - ANSWER-ERP ©EMILLECT 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED FIRST PUBLISH OCTOBER 2024 Page 2/7 Measuring customer satisfaction using a survey question "Please rate your experience at Joe's Ristoranté on a scale of 1-10 with 1 being 'not satisfied at all' and 10 being 'very satisfied,' is an example of - ANSWER-Quantitative Which utilizes immediate posting of transaction data to master files? - ANSWER-Real Time Tracing transaction flow from creation to disposition is referred to as? - ANSWER-. People who _____ information are just demonstrating the lowest level of systems thinking. - ANSWER-Recall Which of the following cycles involves the tracking of stock, borrowing transactions, and fixed assets? - ANSWER-Capital/Investment Which of the following is generally the first step in the accounting system analysis phase? - ANSWER- Gaining an understanding of the current system requirement

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©EMILLECT 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED

FIRST PUBLISH OCTOBER 2024




ACC 350 Exam Study Guide Solutions


One aspect of usefulness of information is _____,which reduces uncertainty - ANSWER✔✔-Relevance


Systems problems always occur when - ANSWER✔✔-objective is not being met


_____ is not organized in a meaningful way whereas _____ is organized to provide meaning. -

ANSWER✔✔-data; information


Data input is generally classified based on the source and type of data. Identify whether each item is

either a source of data or a type of data. - ANSWER✔✔-Internal: Source


External: Source


Quantitative: Type


Qualitative: Type


Which of the following is one of the major components of an accounting information system (AIS)? -

ANSWER✔✔-People


____________ systems are known for their ability to integrate accounting and non-financial information.

- ANSWER✔✔-ERP


Page 1/7

, ©EMILLECT 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED

FIRST PUBLISH OCTOBER 2024




Measuring customer satisfaction using a survey question "Please rate your experience at Joe's Ristoranté

on a scale of 1-10 with 1 being 'not satisfied at all' and 10 being 'very satisfied,' is an example of -

ANSWER✔✔-Quantitative


Which utilizes immediate posting of transaction data to master files? - ANSWER✔✔-Real Time


Tracing transaction flow from creation to disposition is referred to as? - ANSWER✔✔-.


People who _____ information are just demonstrating the lowest level of systems thinking. -

ANSWER✔✔-Recall


Which of the following cycles involves the tracking of stock, borrowing transactions, and fixed assets? -

ANSWER✔✔-Capital/Investment


Which of the following is generally the first step in the accounting system analysis phase? - ANSWER✔✔-

Gaining an understanding of the current system requirements.


Which of the following design principles requires minimizing effort and possible errors? - ANSWER✔✔-

Ease of use


Which of the following is not considered an objective for user acceptance when developing a system? -

ANSWER✔✔-None of the above




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