Information System And Communication

Question 1

Reports that highlight xyz not having met their assigned target are called?

Answer 1

Exception reports

Question 2

Reports that analyze accounts or that provide other specific and non changeable information are called what?

Answer 2

Demand reports

Question 3

Reports that provide information as requested by the user are called what?

Answer 3

Ad hoc reports

Question 4

What are monthly reports of budget vs actual data that are produced without anybody requesting them called

Answer 4

Scheduled reports

Question 5

What is an entity?

Answer 5

Subject of the stored information

Question 6

What are attributes?

Answer 6

Specific items of interest for each entity

Question 7

What is a field

Answer 7

Contains a single piece of information

Question 8

What is a record?

Answer 8

All attributes about a single instance of an entity

Question 9

What is a data value

Answer 9

Contents of a field

Question 10

What is a file

Answer 10

Records are grouped into files

Question 11

What is a master file?

Answer 11

Similar to a ledger, master file stores cumulative information and information that is relatively permanent (I.e customers, vendors, inventory)

Question 12

What is a transaction file?

Answer 12

Similar to a journal, the transaction file stores individual transactions

Question 13

What is a database

Answer 13

Files that are interrelated and coordinated

Question 14

A distributed processing environment would be most beneficial when?

Answer 14

When large volumes of data are generated at many locations and fast access to data is required

Question 15

centralized processing would be most beneficial when?

Answer 15

If large volumes of data are generated centrally, regardless of whether or not fast access to that data is required

Question 16

What is the sequence of events in AIS

Answer 16

1) transaction data from source documents is entered into the AIS by an end user
2) paper source documents are filed
3) these transactions are recorded in appropriate JE
4) transactions posted to the general ledger and subsidiary ledgers
5) trial balances are prepared
6) financial reports are generated

Question 17

An accounting information system (AIS) is best suited to solve problems where there is what?

Answer 17

Certainty and clearly defined reporting requirements

Question 18

What are some disadvantages of a centralized processing system?

Answer 18

• there can be a reduction in local accountability
• there are increased processing power and data storage needs at the central location
• input/output bottlenecks can occur at high traffic times

Question 19

What are the components of a business information system?

Answer 19

hardware, software, networks, people, and data

Question 20

Business Information Systems (BIS) allow a business to do what?

Answer 20

Collect
Process
Store
Transform
Distribute

Question 21

What is an open, royalty free standard that can be used to facilitate data aggregation, transfer, and connectivity between disparate or stand- alone systems

Answer 21

XBRL

Question 22

What transaction processing mode provides you with the most accurate and complete info for decision making

Answer 22

online, real time

Question 23

Are production and test data stored together or separately?

Answer 23

Separately. Production data in production databases. Test data in test databases

Question 24

The general characteristic of transactions processed within individual transaction cycles is that?

Answer 24

Transactions are numerous, but generally similar and processed nearly identically

Question 25

What embeds intelligence (i.e. identifies the type of product, year, customer type, customer number) into identification numbers associated with a particular item

Answer 25

group coding

Question 26

What purely numbers documents, transactions, or other items in order sequence

Answer 26

sequential coding

Question 27

what kind of coding is used to represent assignment of blocks of numbers to broad categories

Answer 27

block coding

Question 28

What type of code is created by a compiler and represents the intermediate instruction that takes programming source code and translates it into machine language

Answer 28

object code

Question 29

fields comprise records that are organized into files that create databases

Answer 29

N/A

Question 30

hard copy data outputs such as checks and purchase requisitions that are used for business operation are generally referred to as what?

Answer 30

documents

Question 31

name the major functions of transaction processing

Answer 31

data input
data storage
data processing
information output

Question 32

What technology is specifically designed to make sharing financial info electronically more efficient and effective

Answer 32

XBRL

Question 33

What is an HTML

Answer 33

markup language that tells a web browser how to display content

Question 34

What is an HTTP

Answer 34

a general communications protocol used to transfer web pages on the WWW

Question 35

What is the transmission protocol of the internet

Answer 35

TCP/IP

Question 36

what is the processing of large numbers of common business events that are processed in a predefined highly structured way?

Answer 36

transaction processing

Question 37

what type of management reporting system allows end users to query data from a system and drill down into it and trend information

Answer 37

on-line analytical processing system

Question 38

adopting a fully integrated fixed asset module meets the stated needs identified by the IT governance committee for a new enterprise wide system

Answer 38

N/A

Question 39

machine readable companion documents such as remittance advice that goes with various bill payments are referred to as what?

Answer 39

turnaround documents

Question 40

as part of batch processing, a manual total will be calculated for each transaction file and compared to a computer generated batch control total

Answer 40

N/A