B4 - Organizational Needs Assessment

Question 1

Which of the following tasks would be included in a document flowchart for processing cash receipts?

a. records returns and allowances
b. authorize and generate an invoice
c. compare control and remittance totals
d. authorize and generate a voucher

Answer 1

C - a task (a box on a document or system flowchart) to compare control totals and remittance totals would be included in the processing of cash receipts. Note that this is a very general step that could appear on almost any document flowchart. All of the other choices in this question are specific to a particular type of processing

Question 2

Mill Co uses a batch processing method to process its sales transactions. Data on Mill’s sales transaction tape are electronically sorted by customer number and are subjected to programmed edit checks in preparing its invoices, sales journals, and updated customer account balances. One of the direct outputs of the creation of this tape most likely would be:

a. printout of the updated inventory records
b. report showing overdue accounts receivable
c. printout of the sales price master file
d. report showing exceptions and control totals

Answer 2

d

Question 3

Which of the following are components of a Business Information System (BIS)?

a. hardware, software, network, people, and data
b. software, reports, data, and networks
c. queries, data, reports, and people
d. hardware, software, and reports

Answer 3

A - BIS is a general term for information technology that includes hardware, software, networks, people, and data

Question 4

Whic of the following is an open, royalty free standard that cana be used to facilitate data aggregation, transfer, and connectivity between disparate or stand-alone systems?
XBRL, HTTP, Linux, CAT5

Answer 4

XBRL “eXtensible Business Reporting Language” is derived from XML. XBRL is an open, royalty free, internet based information standard for business reporting of all kinds. XBRL labels data so that they are provided with context taht reamins with them and brings conformity to the names by which they are recognized by disparate software

Question 5

Data processing methods are generally described as either batch or online real-time processing (OLRT). These data processing methods are distinguished by the timing of:
Data Deletion, Data Updating, Data Reading, Data Creation

Answer 5

Data Updating