Solved by verified expert :Instructions
This quiz consists of 20 multiple choice
questions and covers the material in Chapters 1 through 3 and 5. There are
five questions from each chapter. The questions are in chapter order.
·
Question 1
4 out of 4 points
Which of the following is a primary activity in
the value chain?
·
Question 2
4 out of 4 points
The business owners obtain financing from outside
investors, which results in an inflow of cash into the company. This
transaction is considered to be part of which cycle?
·
Question 3
4 out of 4 points
Paying federal payroll taxes is part of which
transaction cycle?
·
Question 4
4 out of 4 points
The value chain concept is composed of two types
of activities known as
·
Question 5
4 out of 4 points
Groups of related business activities such as the
acquisition of merchandise and payment of vendors are called
·
Question 6
4 out of 4 points
Which of the following is an example of source
data automation?
·
Question 7
4 out of 4 points
A specialized journal would be most likely
to be used to enter
·
Question 8
4 out of 4 points
Hector Sanchez works in the accounting department
of a multinational manufacturing company. His job includes updating accounts
payable based on purchase orders and checks. His responsibilities are part of
the company’s
·
Question 9
4 out of 4 points
The issuing of a purchase order is part of which
transaction cycle?
·
Question
10
4 out of 4 points
In transaction processing, generally which
activity comes first?
·
Question
11
4 out of 4 points
Most processes on a DFD can be identified by
·
Question
12
4 out of 4 points
In a payroll processing DFD, the “prepare
reports” activity will be represented by ________, the “employee
payroll file” will be represented by ________, and the
“management” will be represented by ________.
·
Question
13
4 out of 4 points
A DFD created at the highest-level or summary
view is referred to as a
·
Question
14
4 out of 4 points
In a document flowchart of a manual payroll
processing system, “update employee file” will be shown by a(n)
________ symbol, and “prepare payroll check” will be shown by a(n)
________ symbol.
·
Question
15
4 out of 4 points
In general, a data destination will be shown by
·
Question
16
4 out of 4 points
In a ________ scheme, customer receipts are
stolen and then subsequent payments by other customers are misapplied to
cover the theft of the original receipts.
·
Question
17
4 out of 4 points
Perhaps the most striking fact about natural
disasters in relation to AIS controls is that
·
Question
18
4 out of 4 points
Which of the following is the best way
to hide theft of assets?
·
Question
19
4 out of 4 points
Why is computer fraud often more difficult to
detect than other types of fraud?
·
Question
20
4 out of 4 points
Most frauds are detected by
