ACCY 310 - EXAM 2 UPDATED ACTUAL QUESTIONS
AND CORRECT ANSWERS
Question:
1. A database being built to support customer purchase
information would likely have the following classes
except:
Color
Correct answer
Order
Customer
Inventory
Answer:
Color
Question:
2. Which of the following statement is correct regarding
internal control?
An inherent limitation to internal control is the fact that
controls can be circumvented by management override.
A well-designed internal control environment ensures the
achievement of an entity's control objectives.
A well-designed and operated internal control
environment should detect collusion perpetrated by two
people.
Internal control in a necessary business function and
should be designed and operated to detect errors and
fraud.
Answer:
An inherent limitation to internal control is the fact that controls can be
circumvented by management override.
Question:
3. Tracing shipping documents to pre-numbered sales
invoices provides evidence that:
No duplicate shipments or billings occurred.
Shipments to customers were properly invoiced.
All goods ordered by customers were shipped.
All pre-numbered sales invoices were accounted for.
Answer:
Shipments to customers were properly invoiced.
, Question:
4. Which of the following best describes the purpose of a
primary key?
Allows linking two or more tables
Indicates the minimum multiplicities for an association
Uniquely identifies each instance of the class
Matches values of foreign keys in other classes
Answer:
Uniquely identifies each instance of the class
Question:
5. Basic data storage concepts define both entities and
attributes. Which item below would not be considered an
entity?
A customer address
Inventory
Employees
Departments
Suppliers
Answer:
A customer address
Question:
6. The association between Purchase Orders and Cash
Disbursements would be implemented with a linking
table.
Answer:
False
Question:
7. Which of the following best describes cloud computing?
Internet based software that helps monitor the security of
a firm's resources.
Internet based computing where an ERP system is shared
amongst multiple firms.
Internet based computing where shared resources,
software and information are provided to firms on
demand.
Internet based software which is used to run SQL queries.
Answer:
Internet based computing where shared resources, software and information are
provided to firms on demand.
AND CORRECT ANSWERS
Question:
1. A database being built to support customer purchase
information would likely have the following classes
except:
Color
Correct answer
Order
Customer
Inventory
Answer:
Color
Question:
2. Which of the following statement is correct regarding
internal control?
An inherent limitation to internal control is the fact that
controls can be circumvented by management override.
A well-designed internal control environment ensures the
achievement of an entity's control objectives.
A well-designed and operated internal control
environment should detect collusion perpetrated by two
people.
Internal control in a necessary business function and
should be designed and operated to detect errors and
fraud.
Answer:
An inherent limitation to internal control is the fact that controls can be
circumvented by management override.
Question:
3. Tracing shipping documents to pre-numbered sales
invoices provides evidence that:
No duplicate shipments or billings occurred.
Shipments to customers were properly invoiced.
All goods ordered by customers were shipped.
All pre-numbered sales invoices were accounted for.
Answer:
Shipments to customers were properly invoiced.
, Question:
4. Which of the following best describes the purpose of a
primary key?
Allows linking two or more tables
Indicates the minimum multiplicities for an association
Uniquely identifies each instance of the class
Matches values of foreign keys in other classes
Answer:
Uniquely identifies each instance of the class
Question:
5. Basic data storage concepts define both entities and
attributes. Which item below would not be considered an
entity?
A customer address
Inventory
Employees
Departments
Suppliers
Answer:
A customer address
Question:
6. The association between Purchase Orders and Cash
Disbursements would be implemented with a linking
table.
Answer:
False
Question:
7. Which of the following best describes cloud computing?
Internet based software that helps monitor the security of
a firm's resources.
Internet based computing where an ERP system is shared
amongst multiple firms.
Internet based computing where shared resources,
software and information are provided to firms on
demand.
Internet based software which is used to run SQL queries.
Answer:
Internet based computing where shared resources, software and information are
provided to firms on demand.
