Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

AFM275 Accounting Information Systems > Ch6 Practise Q's - Technology Concepts > Flashcards

Ch6 Practise Q's - Technology Concepts Flashcards

1
Q

Which software paved way for the development of hybrid systems used in manufacturing to integrate organisational operations?
(LO1)

A Material Requirements Planning.
B Enterprise Resource Planning.
C SAP.
D XBRL.

A

A Material Requirements Planning.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

ERP systems link:(LO2)

A major functions, the suppliers and customers in the value chain.
B major functions and the customer relationship management in the value chain.
C major functions and the suppliers in the value chain.
D major functions and human resources in the value chain.

A

A major functions, the suppliers and customers in the value chain.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

XML is:(LO3)

A eXtensible Markup Language.
B X-Markup Language.
C Example Markup Link.
D eXtra Markup Language.

A

A eXtensible Markup Language.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

By attaching meaning to strings of text, XBRL adopts a __________.(LO4)

A semantic approach
B non semantic approach
C referencing to data approach
D none of the options are correct

A

A semantic approach

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Which of the following are the main/core modules in an SAP ERP system:(LO3)

A FI, CO, SD, HR, MM.
B FI, CO, SD, HR, MM, SCM, SRM.
C FI, CO, SD, HR, MM, SCM.
D FI, CO, SD, HR, MM, CRM.

A

A FI, CO, SD, HR, MM.

Financial accounting
Controlling & profitability analysis
Sales & Distribution
Human Resources
Materials Management

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

When tags are applied to the data after the reports have been created, which of the following procedures are required to check the data before it is used or filed with regulatory agencies:(LO5)

A external control.
B internal control.
C audit control.
D HTML control.

A

B internal control.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

XBRL stands for:(LO4)

A eXtensive Business Referencing Language.
B eXtensive Business Reporting Language.
C eXtensible Business Reporting Language.
D none of the options are correct.

A

C eXtensible Business Reporting Language.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

XBRL tags are attached to:(LO5)

A databases.
B XML codes.
C chart of account codes.
D HTML codes.

A

C chart of account codes.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

XBRL eliminates the need to:(LO6)

A manipulate the data suitable for different user requirements.
B tag contents in paperless reporting for different types of users.
C reconfigure financial data according to user requirements.
D follow industry-accepted standards.

A

A manipulate the data suitable for different user requirements.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

DTD is:(LO7)

A a dependency specification for XBRL.
B a set of specifications for XML tags.
C a set of specifications for HTML tags.
D None of the options are correct.

A

B a set of specifications for XML tags.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

The advantages of XBRL are:(LO6)

A reduced data manipulation.
B paperless reporting.
C reduced accounting time.
D all of the options are correct.

A

D all of the options are correct.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

When XBRL tagging is applied to a file containing data, the XBRL tagged document is called:(LO7)

A a defined linkbase.
B a reference linkbase.
C an instance document.
D all of the options are correct.

A

C an instance document.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

What is the main advantage of cloud computing?(LO8)

A Different computing services can be accessed on an as-needed basis.
B Different computing services can be protected in a secure environment.
C Infrastructure and software services are stored in the cloud.
D users can design their own infrastructure and software services.

A

A Different computing services can be accessed on an as-needed basis.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Which of the following cloud services allows customers to obtain infrastructure services and programming tools to design their own applications on a pay by usage basis?(LO8)

A Infrastructure as a Service.
B Software as a Service.
C Platform as a Service.
D Hardware as a Service.

A

C Platform as a Service.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

The databases created to contain big data are called:(LO9)

A SQL databases.
B noSQL databases.
C relational databses.
D big data databases

A

B noSQL databases.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

The four major functions that are linked by an ERP system are:(LO2)

sales/marking, manufacturing, accounting/finance, and human resources.

sales/marketing, manufacturing, customer and accounting/finance.

customer, sales/marketing, production, accounting/finance and human resources.

customer, sales/marketing, production, accounting/finance.

A

sales/marking, manufacturing, accounting/finance, and human resources.

14
Q

HTML code:(LO7)

uniquely identifies each computer connected to the internet.

provides tags for financial statement data displayed on the web.

provides standards that specify a set of tags for data on the web.

provides instructions for the display of a web page.

A

provides instructions for the display of a web page.

15
Q

Which of the following is not an advantage of XBRL?(LO6)

Interchangeable data

Less accurate financial reporting

Recognition by major accounting package vendors

Paperless reporting

A

Less accurate financial reporting

16
Q

Which of the following best describes the relationship between accounting information systems and accounting standards?(LO4)

Accounting information systems must comply with all accounting standards.

Accounting standards dictate the way an accounting information system must store and handle financial data.

Accounting information systems that recognise and comply with accounting standards are advantageous for tax purposes.

There is no direct relationship between accounting standards and accounting information systems.

A

Accounting information systems must comply with all accounting standards.

17
Q

XBRL will potentially assist in strengthening information transparency because:(LO6)

it offers greater search power and customised information for different stakeholders.

it is a typology based on specific business reporting requirements.

it is technically superior to html and reduces the reporting time by businesses.

it offers paperless reporting based on industry-specific standards.

A

it offers greater search power and customised information for different stakeholders.

18
Q

XML does not:

offer a set of industry-based protocols for sharing data in e-business exchanges.(LO7)

add data tags after reports are created.

add data tags before reports are created.

define relationships between data.

A

define relationships between data.

19
Q

Which of the following statements is not true about cloud computing?(LO8)

It removes all concern about data and systems security for businesses.

It relies on the internet as the platform for delivering services to users.

It consists of three types of services: SaaS, IaaS (including HaaS) and PaaS.

It allows smaller firms to use resources that may have been previously unaffordable.

A

It removes all concern about data and systems security for businesses.

20
Q

What best describes the big data phenomenon:(LO9)

computing software that can heal itself.

green computing initiatives.

software services that can be leased.

data that has come from social media or environmental systems.

A

data that has come from social media or environmental systems.

AFM275 Accounting Information Systems (11 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions