Test bank for accounting information systems basic concepts and current issues 4th edition hurt full chapter

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pts and Current Issues 4th Edition Hurt
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Chapter 02 j j




Transaction Processing in the AIS
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MultiplejChoicejQuestions



1. Thejprocessjofjidentifying,jmeasuringjandjcommunicatingjeconomicjinformationjtojpermitjinfo
rmedjjudgmentsjandjdecisionsjbyjusersjofjthejinformationjisjcalled:




A. Accounting

B. Bookkeeping

C. Makingjjournaljentries

D. Preparingjfinancialjstatements


2. Whichjofjthejfollowingjphrasesjmostjcloselyjrelatesjtojbookkeeping?




A. Identifyingjandjmeasuringjeconomicjinformation

B. Communicatingjeconomicjinformation

C. Permittingjinformedjjudgmentsjbyjusers

D. Permittingjinformedjdecisionsjbyjusers




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3. Whichjofjthejfollowingjmostjclearlyjdifferentiatesjaccountingjandjbookkeeping?




A. Bookkeepingjalwaysjinvolvesjinformationjtechnology;jaccountingjdoesjnot.

B. Accountingjalwaysjinvolvesjinformationjtechnology;jbookkeepingjdoesjnot.

C. Bookkeepingjisjthejpartjofjaccountingjmostjfocusedjonjrulesjandjprocedures.

D. Ajcollegejdegreejisjrequiredjforjbookkeeping,jbutjnotjforj accounting.


4. Whichjofjthejfollowingjstatementsjaboutjaccountingjandjbookkeepingjisjmostjtrue?




A. ThejFASBjConceptualjFrameworkjisjrelevantjinjaccounting,jbutjnotjinjbookkeeping.

B. ThejFASBjConceptualjFrameworkjisjrelevantjinjbookkeeping,jbutjnotjinjaccounting.

C. AsjanjelementjofjthejAIS,jinternaljcontrolsjarejirrelevantjtojbookkeeping.

D. AsjanjelementjofjthejAIS,joutputsjarejrelevantjtojaccounting.


5. Communicatingjinformationjtojexternaljdecisionjmakersjisjaccomplishedjthrough
asjpartjofjthejprocessjofjjjjj .




A. Financialjstatements;jbookkeeping

B. Financialjstatements;jaccounting

C. Journaljentries;jbookkeeping

D. Journaljentries;jaccounting




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pts and Current Issues 4th Edition Hurt
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6. Plantjassets,jsuchjasjequipment,jarejreportedjonjfinancialjstatementsjatjtheirjbookjvalue,jthusjexem
plifying:




A. Thejmeasuringjprocessjinjaccountingjonly.

B. Thejmeasuringjprocessjinjbookkeepingjonly.

C. Thejmeasuringjprocessjinjbothjaccountingjandjbookkeeping.

D. Informedjjudgmentsjasjpartjofjthejdefinitionjofjbookkeeping.


7. Anjaccountantjreceivedjajstackjofjsalesjinvoices.jWhichjofjthejfollowingjstatementsjisjmostjtrue?




A. Thejstackjofjsalesjinvoicesjcanjhelpjthejaccountantjidentifyjeconomicjinformation,jwhichjisjpartjofjbot
hjaccountingjandjbookkeeping.

B. Thejaccountantjisjaj"userjofjinformation"jasjthejphrasejisjusedjinjthejdefinitionjofjbookkeepingjonly.

C. Thejaccountantjisjaj"userjofjinformation"jasjthejphrasejisjusedjinjthejdefinitionjofjaccountingjonly.

D. Thejstackjofjsalesjinvoicesjcanjhelpjthejaccountantjidentifyjeconomicjinformation,jwhichjisjpartjofjbo
okkeeping,jbutjnotjaccounting.


8. Whichjofjthejfollowingjbestjpairsjanjelementjofjbookkeepingjwithjanjexamplejofjthejelement?




A. Identifyingjeconomicjinformation,jreadingjajbalancejsheet

B. Identifyingjeconomicjinformation,jpreparingjajbalancejsheet

C. Measuringjeconomicjinformation,jreadingjajbalancejsheet

D. Measuringjeconomicjinformation,jpreparingjajbalancejsheet




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HilljEducation.jAlljrightsjreserved.jNojreproductionjorjdistributionjwithoutjthejpriorjwrittenjconsentjofjMcGraw-HilljEducation.
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