D217 Accounting Information System
MOD/UNIT tests (New 2026/ 2027
Update) Questions & Answers {Grade A}
100% Correct (Verified Solutions)
What does the letter N in an inverted triangle mean in a system flowchart? - correct
answer "It is a temporary file using a numeric filing system." The inverted triangle
means that it is a temporary file and the N means that it uses a numeric filing system.
Which digital computer file contains account data that are updated by transactions and
includes the general ledger and subsidiary ledgers? - correct answer "Master file." The
general ledger and subsidiary ledgers are examples of master files.
How would shipping logs be depicted in a system flowchart? - correct answer
"Parallelogram symbol." The parallelogram symbol is used to depict many types of
hard-copy accounting records.
What is the circular symbol labeled A in the system flowchart? - correct answer "This
is an on-page connector used to replace flow lines that otherwise would cause
,excessive clutter on the page." The connector replaces the lines that signify the
movement. Lines should be used whenever possible to promote clarity. Restricted use
of connectors, however, can improve the readability of a flowchart.
What is an advantage of sequential codes? - correct answer "Sequential coding
supports the reconciliation of a batch of transactions at the end of processing." If the
transaction processing system detects any gaps in the sequence of transaction
numbers, it alerts management to the possibility of a missing or misplaced
transaction.
Why is there no lag time with real-time systems? - correct answer "Real-time systems
process transactions individually when the events occur." Because transactions
happen at the same time, no time lags exist between occurrence and processing.
UNIT 2 FORM B- What does efficiency mean in the data collection process? - correct
answer " Collecting data only once." Efficiency in data collection means that data is
collected only once.
,Useful information has the following characteristics: relevance, timeliness, accuracy,
completeness, and summarization.
What happens if the information is incomplete? - correct answer "The decision maker
does not have enough information in order to act." The decision maker is using an
incomplete set of information, which leads to either needing to seek additional
information or taking a risk that the missing information materially affects.
Useful information has the following characteristics: relevance, timeliness, accuracy,
completeness, and summarization.
What happens if the information lacks summarization? - correct answer " The decision
maker is overwhelmed by the amount of detail in the information." As information
flows upward through an organization, decision makers need more summarized data.
An office manager receives the following marketing fax from a current supplier: "Our
company is having a promotion this month for all our main products. Please call for
more information."
Which characteristic of useful information is missing from this scenario? - correct
answer "Complete." The fax does not include all the information necessary to take
, appropriate action: phone number, products that fall under the promotion, promotion
terms etc.
Why are accountants involved in the information system development team? - correct
answer " They are the domain experts, determining the nature of the information
required, its source, its destination, and the rules that need to be applied." The
accountants have a very specialized role due to understanding what data are needed,
where data can be found within the system, and what rules need to be applied.
What is the main difference between centralized data processing (CDP) and distributed
data processing (DDP)? - correct answer " CDP uses a common data center for all the
processing needs of the organization; in DDP, every department has its own
processing capabilities." The CDP uses common processing capabilities for the whole
organization, while the DDP encourages localized processing.
Sara has started a very successful online company selling custom-made jewelry. One
of her competitive advantages is a state-of-the-art information system that promotes
visibility within the supply chain.
MOD/UNIT tests (New 2026/ 2027
Update) Questions & Answers {Grade A}
100% Correct (Verified Solutions)
What does the letter N in an inverted triangle mean in a system flowchart? - correct
answer "It is a temporary file using a numeric filing system." The inverted triangle
means that it is a temporary file and the N means that it uses a numeric filing system.
Which digital computer file contains account data that are updated by transactions and
includes the general ledger and subsidiary ledgers? - correct answer "Master file." The
general ledger and subsidiary ledgers are examples of master files.
How would shipping logs be depicted in a system flowchart? - correct answer
"Parallelogram symbol." The parallelogram symbol is used to depict many types of
hard-copy accounting records.
What is the circular symbol labeled A in the system flowchart? - correct answer "This
is an on-page connector used to replace flow lines that otherwise would cause
,excessive clutter on the page." The connector replaces the lines that signify the
movement. Lines should be used whenever possible to promote clarity. Restricted use
of connectors, however, can improve the readability of a flowchart.
What is an advantage of sequential codes? - correct answer "Sequential coding
supports the reconciliation of a batch of transactions at the end of processing." If the
transaction processing system detects any gaps in the sequence of transaction
numbers, it alerts management to the possibility of a missing or misplaced
transaction.
Why is there no lag time with real-time systems? - correct answer "Real-time systems
process transactions individually when the events occur." Because transactions
happen at the same time, no time lags exist between occurrence and processing.
UNIT 2 FORM B- What does efficiency mean in the data collection process? - correct
answer " Collecting data only once." Efficiency in data collection means that data is
collected only once.
,Useful information has the following characteristics: relevance, timeliness, accuracy,
completeness, and summarization.
What happens if the information is incomplete? - correct answer "The decision maker
does not have enough information in order to act." The decision maker is using an
incomplete set of information, which leads to either needing to seek additional
information or taking a risk that the missing information materially affects.
Useful information has the following characteristics: relevance, timeliness, accuracy,
completeness, and summarization.
What happens if the information lacks summarization? - correct answer " The decision
maker is overwhelmed by the amount of detail in the information." As information
flows upward through an organization, decision makers need more summarized data.
An office manager receives the following marketing fax from a current supplier: "Our
company is having a promotion this month for all our main products. Please call for
more information."
Which characteristic of useful information is missing from this scenario? - correct
answer "Complete." The fax does not include all the information necessary to take
, appropriate action: phone number, products that fall under the promotion, promotion
terms etc.
Why are accountants involved in the information system development team? - correct
answer " They are the domain experts, determining the nature of the information
required, its source, its destination, and the rules that need to be applied." The
accountants have a very specialized role due to understanding what data are needed,
where data can be found within the system, and what rules need to be applied.
What is the main difference between centralized data processing (CDP) and distributed
data processing (DDP)? - correct answer " CDP uses a common data center for all the
processing needs of the organization; in DDP, every department has its own
processing capabilities." The CDP uses common processing capabilities for the whole
organization, while the DDP encourages localized processing.
Sara has started a very successful online company selling custom-made jewelry. One
of her competitive advantages is a state-of-the-art information system that promotes
visibility within the supply chain.
