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Test 1 Acctg Test STUDY (1)

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Test 1 Acctg Test STUDY (1)

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Test 1 Acctg Test STUDY
. Which subsystem is not part of the Accounting Information System?
a.
Transaction Processing System
b.
Expert System
c.
General Ledger/Financial Reporting System
d.
Management Reporting System - ANS-1- Expert System

. The major difference between the Financial Reporting System (FRS) and the Management
Reporting System (MRS) is the - ANS-a.
FRS provides information to internal and external users; the MRS provides information to
internal users

The purpose of the Transaction Processing System is: - ANS--Convert economic events into
financial transactions
- Recording financial transactions in the Accounting records
-distributing essential information to operations personnel to support their daily operations

The transaction processing system includes: - ANS-The Revenue Cycle
The Expenditure Cycle
The Conversion Cycle

When designing the data collection activity, which type of data should be included: -
ANS-Relevant
Efficient
Accuracy
Completeness
Summarization

The most basic element of useful data in the database is: - ANS-The ATTRIBUTE

Name the 3 Categories of Cloud Computing services? - ANS-- Software are a service (Saas)
-Infrastructure as a service (IaaS)
-Platform as a service (PaaS)

data processing does not involve the following:
a-Data control
b-computer operations

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