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ACG 3401 Final Exam Study Guide 2025 | Comprehensive AIS Review

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Conquer your ACG 3401 Final Exam in 2025. This comprehensive study guide covers all key topics: transaction cycles, internal controls, fraud, ERP systems, database modeling (REA/SQL), data analytics, and emerging tech. Your all-in-one resource for the Accounting Information Systems final.

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age 1 of 93




ACG 3401 FINAL EXAM STUDY GUIDE 2025/2026

COMPLETE QUESTIONS BANK AND CORRECT

DETAILED ANSWERS WITH RATIONALES || 100%

GUARANTEED PASS <BRAND NEW VERSION>

What is DATA? ......ANSWER........These are facts in raw form


INFORMATION SYSTEM (IS OR MIS) ......ANSWER........This is a

man-made system that generally consists of an integrated set of

computer-based components and manual components

established to collect, store, and manage data and to provide

output information to users


What is UNDERSTANDABILITY ......ANSWER........The quality of

information that lets reasonably informed users see its

significance.

,age 2 of 93




What is VERIFIABILITY ......ANSWER........This is the ability of more

than one individual to come to the same measurement.


What is a STRUCTURED DECISION ......ANSWER........This is the

type of decision for which all three decision phases (intelligence,

design, choice) are relatively routine or repetitive.


What is ENTERPRISE APPLICATION INTEGRATION (EAI)?

......ANSWER........This is the technology that can connect together

ERP systems and third party add-on modules.


What is a CHARACTER ......ANSWER........This is a basic unit of

data.


What is a DATA RECORD ......ANSWER........This is a collection of

related data fields.

,age 3 of 93




What is a BUSINESS EVENT ......ANSWER........These include any

change in the state of an enterprise, such as creating a new

employee record, submitting a purchase order to a vendor,

delivering goods to the shipping department, and earning

interest on an investment.


APPLICATION PROGRAM INTERFACE (API)?

......ANSWER........This is a means for connecting to a system or

application provided by the application developer


What is ELECTRONIC MAIL ......ANSWER........This is the electronic

transmission of nonstandardized messages between two

individuals.


What is a VALUE-ADDED NETWORK (VAN)?

......ANSWER........This is a service that acts as the EDI "post

office."

, age 4 of 93




What is MASTER DATA ......ANSWER........These are the

repositories of relatively permanent data maintained over an

extended period of time


What is ELECTRONIC DOCUMENT MANAGEMENT (EDM)?

......ANSWER........This is the capture, storage, management, and

control of electronic document images for the purpose of

supporting management decision making and facilitating

business event data processing.


What is INTERNET ASSURANCE ......ANSWER........This is a service

provided for a fee to vendors to provide limited assurance to

users of the vendor's Web site that the site is in fact reliable and

event data security is reasonable. (e.g. WebTrust)


What is SAP ......ANSWER........This is the most popular software

in the ERP market for large companies.
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