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Exam (elaborations)

WGU D217 Accounting Information Systems Exam Questions With Correct Answers

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WGU D217 Accounting Information Systems Exam Questions With Correct Answers

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WGU D217
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Institution
WGU D217
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WGU D217

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Uploaded on
December 17, 2025
Number of pages
40
Written in
2025/2026
Type
Exam (elaborations)
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WGU D217 Accounting Information Systems
Exam Questions 2025-2026 With Correct
Answers

Fundamental |objectives |of |a |business

To |support |the |firms |day |to |day |operations



To |support |management |decision |making



To |support |stewardship |function |of |management




Two |subdivisons |of |"Information |Systems"

Accounting |information |system



management |information |system




Accounting |Information |System |structure

General |Ledger/Financial |Reporting |System |(GL/FRS)



Transactions |Processing |System |(TPS)



Management |Reporting |System

,Transactions |Processing |System |(TPS) |Structure

Expenditure |Cycle



Conversion |Cycle



Revenue |Cycle




Expenditure |Cycle

Purchase |System



Cash |Disbursement |System



Payroll |Processing |System



Fixed |Asset |System




Conversion |Cycle

Cost |Accounting |System



Production |Planning |and |Control |System

,Revenue |Cycle

Sales |Processing |System



Cash |Receipts |System




management |Information |system |structure

Financial |Management |Systems



Marketing |Systems



Distribution |Systems



Human |Resource |Systems




financial |transactions

an |economic |event |that |affects |the |assets |and |equities |of |the |organization, |is |reflected |in |its |
accounts, |and |is |measured |in |monetary |terms




Nondiscretionary |reporting

A |type |of |reporting |in |which |the |organization |has |few |or |no |choices |in |the |information |it |
provides. |Much |of |this |information |consists |of |traditional |financial |statements, |tax |returns, |
and |other |legal |documents.



Within |General |Ledger/Financial |Reporting |Systems

, Discretionary |Reporting

A |type |of |reporting |in |which |the |organization |can |choose |what |information |to |report |and |how
|to |present |it




In |Management |reporting |system




nonfinancial |transactions

events |that |do |not |meet |the |narrow |definition |of |a |financial |transaction




General |Model |for |AIS

Model |that |describes |all |information |systems, |regardless |of |their |technological |architecture. |
The |elements |of |the |general |model |are:

end |users

data |sources

data |collection

data |processing

database |management

information |generation

feedback




Data |Collection

capturing |and |gathering |all |data |necessary |to |complete |the |processing |of |transactions

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