ASSESSMENTS Flashcards

1
Q

Choose the least effective step in ensuring the accuracy and completeness of data captured by the system:

a. The use of point-of-sale (POS) scanners

b. implementing a system that uses prenumbered source documents

c. manually encoding original and authentic source documents

d. use of machine-readable forms to processing input records

A

c. manually encoding original and authentic source documents

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2
Q

The following are examples of source documents in a disbursement cycle, except:

a. purchase requisition
b. delivery ticket
c. check
d. ADA/Electronic Fund Transfer

A

b. delivery ticket

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3
Q

The following are examples of source documents in a revenue cycle, except:

a. bill of lading
b. receiving report
c. remittance advice
d. credit memo

A

b. receiving report

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4
Q

All of the following are characteristics of data processing cycle, except:

a. cyclical in nature
b. data storage quality
c. sequential flow
d. speed and efficiency

A

b. data storage quality

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5
Q

All of the following are examples of source documents except:

a. bank statement
b. payroll time sheet
c. payment confirmation
d. invoice

A

idk

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6
Q

A manager wants to classify each transaction according to a certain criterion, the correct excel function to use would be

a. IF
b. SUM
c. COUNTIF
d. SUMIF

A

a. IF

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7
Q

A manager wants to determine the total number of sales for the month of August 2023, the correct excel function to use would be

a. IF
b. SUM
c. COUNTIF
d. SUMIF

A

b. SUM

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8
Q

A manager wants to determine the number of total purchase amount for the month of August 2023 from Supplier A, the correct excel function to use would be

a. IF
b. SUM
c. COUNTIF
d. SUMIF

A

d. SUMIF

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9
Q

A manager wants to determine the number of occurrences of sale transaction with Customer A for a certain period, the correct excel function to use would be

a. IF
b. SUM
c. COUNTIF
d. SUMIF

A

c. COUNTIF

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10
Q

Which of the following contains the correct code for countif

a. COUNTIF(range, criteria, sum_range)
b. COUNTIF(sum_range, criteria, range)
c. COUNTIF(range, criteria)
d. COUNTIF(criteria, range)

A

c. COUNTIF(range, criteria)

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11
Q

=COUNTIF

a. (value1, [value2], …)
b. (range, criteria)
c. (logical_test, [value_if_tru], [value_if_false])
d. (range, criteria, [sum_range])

A

b. (range, criteria)

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12
Q

=SUMIF

a. (value1, [value2], …)
b. (range, criteria)
c. (logical_test, [value_if_tru], [value_if_false])
d. (range, criteria, [sum_range])

A

d. (range, criteria, [sum_range])

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13
Q

=IF

a. (value1, [value2], …)
b. (range, criteria)
c. (logical_test, [value_if_tru], [value_if_false])
d. (range, criteria, [sum_range])

A

c. (logical_test, [value_if_tru], [value_if_false])

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14
Q

=SUM

a. (number1, [number2], …)
b. (criteria_range1, criteria1, …)
c. (sum_range, criteria_range1, criteria1, …)
d. (value1, [value2], …)

A

a. (number1, [number2], …)

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15
Q

=SUMIFS

a. (number1, [number2], …)
b. (criteria_range1, criteria1, …)
c. (sum_range, criteria_range1, criteria1, …)
d. (value1, [value2], …)

A

c. (sum_range, criteria_range1, criteria1, …)

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16
Q

=COUNTIFS

a. (number1, [number2], …)
b. (criteria_range1, criteria1, …)
c. (sum_range, criteria_range1, criteria1, …)
d. (value1, [value2], …)

A

b. (criteria_range1, criteria1, …)