ACG 3401 Business Processes & AIS (UF) Full Finals Exam Review 2025 (With Solns)

ACG 3401 Business Processes & Accounting
Information System

Full Finals Exam Review (Qns & Ans)

2025




1. Multiple Choice
A company is implementing an Enterprise Resource Planning
(ERP) system. Which business process is likely to benefit the
most from ERP integration?
A. Employee training
B. Inventory management
C. Customer satisfaction surveys
D. Marketing strategy formulation


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, ANS: B. Inventory management
Rationale: ERP systems streamline inventory management by
integrating real-time data across departments, improving accuracy
and efficiency.


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2. Fill-in-the-Blank
The _ is a graphical representation of the flow of data through a
system, showing how inputs are transformed into outputs.


ANS: Data Flow Diagram (DFD)
Rationale: A DFD visualizes processes and data movement
within a system, aiding in understanding and analysis of the
accounting information system.


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3. True/False
Batch processing is more efficient than real-time processing for
handling payroll transactions.



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, ANS: True
Rationale: Batch processing groups similar transactions, like
payroll, for periodic processing, reducing system demands
compared to real-time operations.


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4. Multiple Response
Which components are essential for an effective Accounting
Information System (AIS)? (Select all that apply.)
A. Data storage
B. Internal controls
C. Financial forecasting
D. Data processing


ANS: A, B, D
Rationale: AIS components include data storage, processing
capabilities, and robust internal controls. Financial forecasting is
an output but not an AIS component.


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