WGU D561 OBJECTIVE ASSESSMENT 2
NEWEST 2026 ACTUAL EXAM| D561
INFORMATION SYSTEMS FOR
ACCOUNTING AND CONTROL OA EXAM
WITH COMPLETE 300 REAL EXAM
QUESTIONS AND CORRECT VERIFIED
GURANTEED PASS INSTANT DOWNLOAD
Q1: What is the primary purpose of an Accounting Information System
(AIS)?
Answer: To collect, process, store, and report financial and some non-
financial data for decision-making.
Q2: Which of the following is NOT a core component of an AIS?
Answer: Marketing strategies.
Q3: Which characteristic of useful information means that it is free
from bias and error?
Answer: Reliability (Faithful representation).
Q4: Which transaction processing mode processes data immediately
after a transaction occurs?
Answer: Real-time processing (Online transaction processing).
Q5: What is the term for data that has been processed and organized
to be meaningful for decision-making?
Answer: Information.
,Q6: Which of the following is an example of non-financial data that an
AIS might capture?
Answer: Inventory quantity on hand.
Q7: Which of the following best describes "data redundancy" in an
AIS?
Answer: Storing the same data in multiple locations.
Q8: Which type of information system provides reports that
summarize financial performance for management?
Answer: Management Reporting System (MRS) / Management Information
System (MIS).
Q9: How does data differ from information in an accounting
information system?
Answer: Information is output while data is input.
Q10: In a relational database, what does each row in a table represent?
Answer: A specific occurrence of an entity (a record).
Q11: What is the purpose of the referential integrity rule in a relational
database?
Answer: To ensure foreign keys, if not null, correspond to a primary key
value in another table.
Q12: What is the primary purpose of an Enterprise Resource Planning
(ERP) system?
Answer: To integrate various business functions into a single system.
Q13: The main goal of integrating AIS with Enterprise Resource
Planning (ERP) systems is to:
Answer: Share data across functional areas for real-time information.
Q14: Which company most needs an enterprise resource planning
(ERP) system?
Answer: Company A, whose competitive advantage is having real-time
information about which products are selling most.
,Q15: What is an advantage of an ERP system that can help get buy-in
from employees wary of being trained on a new system?
Answer: Reports and procedures are uniform across different business
departments.
Q16: Which of the following is an advantage of using database
systems in an organization?
Answer: Database systems facilitate cross-functional analysis by defining
relationships.
🔄 Business Processes & Transaction Cycles (Questions 17-24)
Q17: Which business process records transactions involving customers
purchasing goods or services on credit?
Answer: Revenue cycle.
Q18: Which document typically initiates the revenue (sales) cycle?
Answer: Customer order / sales order.
Q19: Which business process is most closely associated with "order to
cash"?
Answer: Revenue cycle (sales, shipping, billing, collections).
Q20: In the revenue cycle, which document is prepared after goods are
shipped?
Answer: Bill of lading / shipping document and sales invoice.
Q21: What is the expenditure cycle?
Answer: The cycle that involves purchasing goods and services from
vendors.
Q22: What is the purpose of a purchase order in the expenditure cycle?
Answer: To formally request goods from a supplier.
Q23: What does the receiving report document in the purchasing
process?
Answer: The quantity and condition of goods received.
, Q24: What is the primary purpose of a three-way match?
Answer: Comparing the purchase order, receiving report, and vendor
invoice before payment.
🛡️ Internal Controls, COSO, & SOX (Questions 25-39)
Q25: What is the primary objective of internal controls?
Answer: Safeguarding assets and ensuring reliable financial reporting.
Q26: Which COSO Internal Control component establishes the
foundation for an organization's overall integrity and ethical values?
Answer: Control Environment.
Q27: Which COSO component sets the "tone at the top"?
Answer: Control environment.
Q28: A company's internal auditor considers the potential for input
fraud when reviewing sales transactions. Which COSO component does
this represent?
Answer: Risk assessment.
Q29: A company implements a policy requiring two independent
approvals for any wire transfer exceeding $50,000. Which type of
COSO control activity does this represent?
Answer: Preventive control.
Q30: A monthly bank reconciliation is an example of which type of
control?
Answer: Detective control.
Q31: Which of the following is NOT a control activity under COSO?
Answer: Market analysis.
Q32: Which of the following is an example of an application control?
Answer: Input validation check for valid account numbers.
NEWEST 2026 ACTUAL EXAM| D561
INFORMATION SYSTEMS FOR
ACCOUNTING AND CONTROL OA EXAM
WITH COMPLETE 300 REAL EXAM
QUESTIONS AND CORRECT VERIFIED
GURANTEED PASS INSTANT DOWNLOAD
Q1: What is the primary purpose of an Accounting Information System
(AIS)?
Answer: To collect, process, store, and report financial and some non-
financial data for decision-making.
Q2: Which of the following is NOT a core component of an AIS?
Answer: Marketing strategies.
Q3: Which characteristic of useful information means that it is free
from bias and error?
Answer: Reliability (Faithful representation).
Q4: Which transaction processing mode processes data immediately
after a transaction occurs?
Answer: Real-time processing (Online transaction processing).
Q5: What is the term for data that has been processed and organized
to be meaningful for decision-making?
Answer: Information.
,Q6: Which of the following is an example of non-financial data that an
AIS might capture?
Answer: Inventory quantity on hand.
Q7: Which of the following best describes "data redundancy" in an
AIS?
Answer: Storing the same data in multiple locations.
Q8: Which type of information system provides reports that
summarize financial performance for management?
Answer: Management Reporting System (MRS) / Management Information
System (MIS).
Q9: How does data differ from information in an accounting
information system?
Answer: Information is output while data is input.
Q10: In a relational database, what does each row in a table represent?
Answer: A specific occurrence of an entity (a record).
Q11: What is the purpose of the referential integrity rule in a relational
database?
Answer: To ensure foreign keys, if not null, correspond to a primary key
value in another table.
Q12: What is the primary purpose of an Enterprise Resource Planning
(ERP) system?
Answer: To integrate various business functions into a single system.
Q13: The main goal of integrating AIS with Enterprise Resource
Planning (ERP) systems is to:
Answer: Share data across functional areas for real-time information.
Q14: Which company most needs an enterprise resource planning
(ERP) system?
Answer: Company A, whose competitive advantage is having real-time
information about which products are selling most.
,Q15: What is an advantage of an ERP system that can help get buy-in
from employees wary of being trained on a new system?
Answer: Reports and procedures are uniform across different business
departments.
Q16: Which of the following is an advantage of using database
systems in an organization?
Answer: Database systems facilitate cross-functional analysis by defining
relationships.
🔄 Business Processes & Transaction Cycles (Questions 17-24)
Q17: Which business process records transactions involving customers
purchasing goods or services on credit?
Answer: Revenue cycle.
Q18: Which document typically initiates the revenue (sales) cycle?
Answer: Customer order / sales order.
Q19: Which business process is most closely associated with "order to
cash"?
Answer: Revenue cycle (sales, shipping, billing, collections).
Q20: In the revenue cycle, which document is prepared after goods are
shipped?
Answer: Bill of lading / shipping document and sales invoice.
Q21: What is the expenditure cycle?
Answer: The cycle that involves purchasing goods and services from
vendors.
Q22: What is the purpose of a purchase order in the expenditure cycle?
Answer: To formally request goods from a supplier.
Q23: What does the receiving report document in the purchasing
process?
Answer: The quantity and condition of goods received.
, Q24: What is the primary purpose of a three-way match?
Answer: Comparing the purchase order, receiving report, and vendor
invoice before payment.
🛡️ Internal Controls, COSO, & SOX (Questions 25-39)
Q25: What is the primary objective of internal controls?
Answer: Safeguarding assets and ensuring reliable financial reporting.
Q26: Which COSO Internal Control component establishes the
foundation for an organization's overall integrity and ethical values?
Answer: Control Environment.
Q27: Which COSO component sets the "tone at the top"?
Answer: Control environment.
Q28: A company's internal auditor considers the potential for input
fraud when reviewing sales transactions. Which COSO component does
this represent?
Answer: Risk assessment.
Q29: A company implements a policy requiring two independent
approvals for any wire transfer exceeding $50,000. Which type of
COSO control activity does this represent?
Answer: Preventive control.
Q30: A monthly bank reconciliation is an example of which type of
control?
Answer: Detective control.
Q31: Which of the following is NOT a control activity under COSO?
Answer: Market analysis.
Q32: Which of the following is an example of an application control?
Answer: Input validation check for valid account numbers.
