AIS FINAL EXAM QUESTIONS & ANSWERS
c - Answers :The Sarbanes-Oxley Act of 2002 dramatically changed the daily work of
financial accountants and auditors because it
a. Expanded the scope of the audit beyond financial information
b. Required that organizations work with their auditors to design systems of internal
control
c. Required that external auditors report on the effectiveness of an organization system
of internal control
d. Expand the opportunities for auditors to engage in consulting activities with their audit
clients
c - Answers :The ability of more than one individual to come to the same measurement
is known as
a. accuracy
b. completeness
c. verifiability
d. comparability
c - Answers :The central repository for all the date related to the enterprise's business
activities and resources
a. information system
b. management information system
c. enterprise database
d. strategic planning
b - Answers :Generally, which of the following is NOT one of the three roles an
accountant typically fills in relation to the AIS?
a. Designer
b. Programmer
c. User
d. Auditor
c - Answers :In batch processing, business event data are collected and processed
a. As soon as possible
b. One at a time
c. In groups
d. Using OLRT systems
a - Answers :A disadvantage of periodic mode systems is
a. Online master data are only up to data right after the processing has been completed
b. It is more expensive to operate than immediate mode system
c. Query capability always exists to extract up-to-date data
d. Data is updated after every transaction
, b - Answers :A system that supports constantly up-to-date reporting of data is
a. Online transaction entry (OLTE)
b. Online real-time (OLRT)
c. Online transaction data (OLTD)
d. Electronic document management
c - Answers :Internet market exchanges:
a. Restrict those that can participate
b. Eliminate the need for credit and background checks
c. Bring together buyers and sellers in the same industry
d. Are approved by the Federal Trade Commission (FTC)
b - Answers :Which data flow diagram (DFD) symbol is portrayed by two parallel lines?
a. Data Flow
b. Data Store
c. External entity
d. Internal entity or process
d - Answers :In a physical data flow diagram (DFD), this is something within the system
that transforms data.
a. Data flow
b. Data store
c. External entity
d. Internal entity
b - Answers :Which type of data flow diagram specifies where, how, and by whom a
system's processes are performed?
a. Context diagram
b. Physical DFD
c. Logical DFD
d. Systems flowchart
b - Answers :Information processing activities include:
a. Only automated activities
b. Activities that retrieve, transform, and file data
c. The sending of data between entities
d. Operational activities
d - Answers :Which of these represents a comprehensive picture of management,
operations, and information systems?
a. Context diagram
b. Logical DFD
c. Physical DFD
d. Systems flowchart
a - Answers :Data redundancy:
c - Answers :The Sarbanes-Oxley Act of 2002 dramatically changed the daily work of
financial accountants and auditors because it
a. Expanded the scope of the audit beyond financial information
b. Required that organizations work with their auditors to design systems of internal
control
c. Required that external auditors report on the effectiveness of an organization system
of internal control
d. Expand the opportunities for auditors to engage in consulting activities with their audit
clients
c - Answers :The ability of more than one individual to come to the same measurement
is known as
a. accuracy
b. completeness
c. verifiability
d. comparability
c - Answers :The central repository for all the date related to the enterprise's business
activities and resources
a. information system
b. management information system
c. enterprise database
d. strategic planning
b - Answers :Generally, which of the following is NOT one of the three roles an
accountant typically fills in relation to the AIS?
a. Designer
b. Programmer
c. User
d. Auditor
c - Answers :In batch processing, business event data are collected and processed
a. As soon as possible
b. One at a time
c. In groups
d. Using OLRT systems
a - Answers :A disadvantage of periodic mode systems is
a. Online master data are only up to data right after the processing has been completed
b. It is more expensive to operate than immediate mode system
c. Query capability always exists to extract up-to-date data
d. Data is updated after every transaction
, b - Answers :A system that supports constantly up-to-date reporting of data is
a. Online transaction entry (OLTE)
b. Online real-time (OLRT)
c. Online transaction data (OLTD)
d. Electronic document management
c - Answers :Internet market exchanges:
a. Restrict those that can participate
b. Eliminate the need for credit and background checks
c. Bring together buyers and sellers in the same industry
d. Are approved by the Federal Trade Commission (FTC)
b - Answers :Which data flow diagram (DFD) symbol is portrayed by two parallel lines?
a. Data Flow
b. Data Store
c. External entity
d. Internal entity or process
d - Answers :In a physical data flow diagram (DFD), this is something within the system
that transforms data.
a. Data flow
b. Data store
c. External entity
d. Internal entity
b - Answers :Which type of data flow diagram specifies where, how, and by whom a
system's processes are performed?
a. Context diagram
b. Physical DFD
c. Logical DFD
d. Systems flowchart
b - Answers :Information processing activities include:
a. Only automated activities
b. Activities that retrieve, transform, and file data
c. The sending of data between entities
d. Operational activities
d - Answers :Which of these represents a comprehensive picture of management,
operations, and information systems?
a. Context diagram
b. Logical DFD
c. Physical DFD
d. Systems flowchart
a - Answers :Data redundancy:
