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ACG 3401 Exam 1 Study Guide 2025 | Accounting Information Systems

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Prepare for your ACG 3401 Accounting Information Systems Exam 1 in 2025. This study guide covers foundational concepts, data analytics, internal controls, fraud, and key transaction cycles (Revenue, Expenditure). Master the material for your AIS midterm with practice questions and detailed explanations.

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age 1 of 82




ACG 3401 EXAM 1 STUDY GUIDE 2025/2026

COMPLETE QUESTIONS BANK AND CORRECT

DETAILED ANSWERS WITH RATIONALES || 100%

GUARANTEED PASS <BRAND NEW VERSION>

multifactor authentication ......ANSWER........the use of two or

more types of authentication credentials in conjunction to achieve

a greater level of security


multimodal authentication ......ANSWER........using multiple

authentication credentials of the same type


Honeypots ......ANSWER........decoy systems designed to lure

potential attackers away from critical systems


Hashing ......ANSWER........The process for creating a unique

signature for a set of data.

,age 2 of 82




field check ......ANSWER........An edit check that tests whether the

characters in a field are of the correct field type (e.g., numeric

data in numeric fields).


sign check ......ANSWER........Data in a field is appropriate sign

(positive/negative)


limit check ......ANSWER........tests a numerical amount against a

fixed value (payroll 40 hrs per week)


range check ......ANSWER........an edit check that tests whether a

data item falls within predetermined upper and lower limits


Validity Check ......ANSWER........an edit test that compares the ID

code or account number in transaction data with similar data in

the master file to verify that the account exists

,age 3 of 82




Reasonableness Check ......ANSWER........determines the

correctness of the logical relationship between two data items


Hash Totals ......ANSWER........Sum of any numeric data existing

for all batch documents, such as a total of customer numbers or

purchase order numbers. Can determine if inputs have been

altered (accuracy) , added (validity), or deleted (completeness).


closed-loop verification ......ANSWER........checks the accuracy of

input data by using it to retrieve and display other related

information


Tickler File ......ANSWER........system to remind of action to be

taken on a certain date


Virtualization ......ANSWER........Creates multiple "virtual"

machines on a single computing device

, age 4 of 82




queries ......ANSWER........Questions the database can answer


Primary Key ......ANSWER........A field (or group of fields) that

uniquely identifies a given entity in a table


Foreign Key ......ANSWER........A primary key of one table that

appears as an attribute in another table and acts to provide a

logical relationship between the two tables


update anomaly ......ANSWER........A circumstance in which

redundant data in a relation may not be properly updated.


insert anomaly ......ANSWER........improper database

organization that results in the inability to add records to a

database
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