accounting analytics exam 3
Which of the following describes a homogenous systems approach?
ensures that all divisions use a uniform installation of the chosen ERP
allows all divisions use the ERP system that works best for each location
provides a single table of data with user-defined attributes
maps the various tables and fields from multiple ERP systems - ✔✔ correct answer ensures that all
divisions use a uniform installation of the chosen ERP
Company has 2 divisions, one in U.S. and one in China. One uses Oracle and other uses SAP. What
would we call this?
Homogeneous systems
Dual data warehouse systems
Dual lingo accounting systems
Heterogeneous systems - ✔✔ correct answer Heterogeneous systems
Which of the following is an example of systems translator software:
collects, reports, and is directly affected by current transactions.
allows all divisions to use ERP system that works best for each location.
provides a single table of data with user-defined attributes y
maps the various tables and fields from multiple ERP systems. - ✔✔ correct answer maps the various
tables and fields from multiple ERP systems.
_______ ensures all divisions use uniform installation of ERP system. _________ allows for use of
bolt on system and uses translators.
Continuous reporting; Continuous monitoring
Continuous monitoring; Continuous reporting
The homogenous systems approach; The heterogeneous systems approach
The heterogeneous systems approach; The homogenous systems approach - ✔✔ correct answer The
homogenous systems approach; The heterogeneous systems approach
Which Accounting Data Standard includes the chart of accounts, source listings, trial balance, and GL
( J.E.) detail?
General Ledger Standards
Base Standard
, accounting analytics exam 3
Order to Cash Subledger
Procure to Pay Subledger Standard - ✔✔ correct answer General Ledger Standards
Which of the following best defines the Accounting Data Standards: Order to Cash Subledger?
identifies data needed for PO, goods rec'd, invoice, payment, and adjust.
adds chart of accounts, source listings, trial balance, and GL (JE) detail.
focuses on sales orders, AR, shipment, invoice, cash receipt, and adjust.
defines product master data, location, inventory on hand, and inv movement. - ✔✔ correct answer
focuses on sales orders, AR, shipment, invoice, cash receipt, and adjust.
Which audit data standards ledger identifies data needed for POs, goods rec'd, invoices, payments,
and adjust to account
Order to Cash Subledger
Inventory Subledger
Procure to Pay Subledger
Base Subledger - ✔✔ correct answer Procure to Pay Subledger
Which of the following best defines the Accounting Data Standards: Procure to Pay Subledger?
focuses on sales order, AR, shipment, invoice, cash receipt and adjustment
identify data needed for PO's, goods rec'd, invoice, payment, and adjust's
adds chart of accounts, source listings, trial bal., and GL ( J.E.) detail.
defines product master data, location, inventory on hand, and inv movement. - ✔✔ correct answer
identify data needed for PO's, goods rec'd, invoice, payment, and adjust's
Which audit data standards ledger defines product master data, location data, invent on hand data,
and invent movement?
Order to Cash Subledger
Procure to Pay Subledger
Inventory Subledger
Base Subledger - ✔✔ correct answer Inventory Subledger
Which of the following defines the time period, the level of materiality, and the expected time for an
audit?
Which of the following describes a homogenous systems approach?
ensures that all divisions use a uniform installation of the chosen ERP
allows all divisions use the ERP system that works best for each location
provides a single table of data with user-defined attributes
maps the various tables and fields from multiple ERP systems - ✔✔ correct answer ensures that all
divisions use a uniform installation of the chosen ERP
Company has 2 divisions, one in U.S. and one in China. One uses Oracle and other uses SAP. What
would we call this?
Homogeneous systems
Dual data warehouse systems
Dual lingo accounting systems
Heterogeneous systems - ✔✔ correct answer Heterogeneous systems
Which of the following is an example of systems translator software:
collects, reports, and is directly affected by current transactions.
allows all divisions to use ERP system that works best for each location.
provides a single table of data with user-defined attributes y
maps the various tables and fields from multiple ERP systems. - ✔✔ correct answer maps the various
tables and fields from multiple ERP systems.
_______ ensures all divisions use uniform installation of ERP system. _________ allows for use of
bolt on system and uses translators.
Continuous reporting; Continuous monitoring
Continuous monitoring; Continuous reporting
The homogenous systems approach; The heterogeneous systems approach
The heterogeneous systems approach; The homogenous systems approach - ✔✔ correct answer The
homogenous systems approach; The heterogeneous systems approach
Which Accounting Data Standard includes the chart of accounts, source listings, trial balance, and GL
( J.E.) detail?
General Ledger Standards
Base Standard
, accounting analytics exam 3
Order to Cash Subledger
Procure to Pay Subledger Standard - ✔✔ correct answer General Ledger Standards
Which of the following best defines the Accounting Data Standards: Order to Cash Subledger?
identifies data needed for PO, goods rec'd, invoice, payment, and adjust.
adds chart of accounts, source listings, trial balance, and GL (JE) detail.
focuses on sales orders, AR, shipment, invoice, cash receipt, and adjust.
defines product master data, location, inventory on hand, and inv movement. - ✔✔ correct answer
focuses on sales orders, AR, shipment, invoice, cash receipt, and adjust.
Which audit data standards ledger identifies data needed for POs, goods rec'd, invoices, payments,
and adjust to account
Order to Cash Subledger
Inventory Subledger
Procure to Pay Subledger
Base Subledger - ✔✔ correct answer Procure to Pay Subledger
Which of the following best defines the Accounting Data Standards: Procure to Pay Subledger?
focuses on sales order, AR, shipment, invoice, cash receipt and adjustment
identify data needed for PO's, goods rec'd, invoice, payment, and adjust's
adds chart of accounts, source listings, trial bal., and GL ( J.E.) detail.
defines product master data, location, inventory on hand, and inv movement. - ✔✔ correct answer
identify data needed for PO's, goods rec'd, invoice, payment, and adjust's
Which audit data standards ledger defines product master data, location data, invent on hand data,
and invent movement?
Order to Cash Subledger
Procure to Pay Subledger
Inventory Subledger
Base Subledger - ✔✔ correct answer Inventory Subledger
Which of the following defines the time period, the level of materiality, and the expected time for an
audit?
