WGU D217 ACCOUNTING INFORMATION SYSTEMS
EXAM NEWEST 2025 PACKAGE DEAL| DIFFERENT
VERSIONS WITH COMPLETE 1100 ACTUAL EXAM
QUESTIONS AND CORRECT DETAILED ANSWERS
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a financial transaction .....ANSWER..... The primary input to the
transaction processing system is
FRS provides information to external users; the MRS provides
information to internal users. .....ANSWER..... The major difference
between the financial reporting system (FRS) and the
management reporting system (MRS) is the
whether the transactions are financial or nonfinancial that
directly affect the processing of financial transactions
.....ANSWER..... The author distinguishes between the accounting
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information system and the management information system
based on
the purchase of computer .....ANSWER..... An example of a
financial transactions is
log of customer calls .....ANSWER..... An example of a
nonfinancial transaction is
the conversion cycle .....ANSWER..... The transaction processing
system includes which of the following
the production of useful information .....ANSWER..... The goal of
data processing is
tax authorities .....ANSWER..... Which of the following is an
external end user?
internal auditing .....ANSWER..... An appraisal function housed
within the organization that performs a wide range of services
for management is
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constituents .....ANSWER..... What factor conceptually
distinguishes external auditing and internal auditing?
cash disbursements .....ANSWER..... What system is part of the
expenditure cycle?
physical and financial .....ANSWER..... Both the revenue and the
expenditure cycle can be viewed as having two parts. These key
parts are
represent relationships between key elements of both manual
and computer systems .....ANSWER..... System flowcharts do which
one of the following?
oval .....ANSWER..... Which symbol is used to represent a data
source or destination of documents and reports in a system
flowchart?
Sales Order Processing .....ANSWER..... Which accounting
application is least suited to batch processing?
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there is a lag between the time when the economic event occurs,
and the financial records are updated. .....ANSWER..... In contrast
to a real-time system, in a batch processing system
processing takes place when the economic event occurs.
.....ANSWER..... In contrast to a batch processing system, in a
real-time system
block code .....ANSWER..... The coding scheme most appropriate
for a chart of accounts is
a mnemonic code .....ANSWER..... When a firm wants its coding
system to convey meaning without reference to any other
document, it would choose
missing or unrecorded documents can be identified.
.....ANSWER..... The most important advantage of sequential
coding is that
Management Reporting System (MRS) .....ANSWER..... Li has
implemented a new accounting information system (AIS) to help