1. Which of the following is not an activity in the purchases and payments process? a. Request...

Question:

1. Which of the following is not an activity in the purchases and payments process?
a. Request prices
b. Receive items
c. Pay for items
d. Bill customers
e. All of the above are activities in the purchases and payments process.


2. Which activity results in an increase to accounts payable?
a. Request prices
b. Place purchase order
c. Receive items
d. Return rejected items
e. Send payment


3. Choreography describes which of the following?
a. Sequence of activities in a process
b. Message flows between pools
c. Process gateways
d. Both a and c
e. Both b and c


4. Which of the following is not an example of an application control?
a. Range checks ensure that purchases are limited to valid amounts.
b. Employee making disbursements cannot modify purchase orders.
c. System supplies supplier address for the payment.
d. System creates audit trail documenting all changes.
e. All of the above are examples of application controls.


5. Which of the following describes the purpose of an intermediate timer event?
a. Indicates receipt of a message
b. Indicates branching
c. Indicates delay
d. Both a and c
e. Both b and c


6. Which of the following is a resource in a purchases and payments structure model?
a. Employee labor
b. Receipt of goods
c. Paying by check
d. Inventory
e. Supplier


7. Which of the following is an agent in a purchases and payments structure model?
a. Employee labor
b. Receipt of goods
c. Cash disbursement
d. Inventory
e. Supplier


8. Which of the following is an event in a purchases and payments structure model?
a. Cash
b. Inventory
c. Employee
d. Cash disbursement
e. None of the above


9. Which of the following events would indicate recording of a purchase in the AIS?
a. Issue Purchase Order
b. Receive Goods
c. Make Payment
d. Transfer Inventory
e. None of the above


10. In a typical relational database supporting the purchase and payment process, which of the following tables is likely to have the most foreign keys?
a. Employee table
b. Supplier table
c. Inventory table
d. Cash disbursement table
e. Cash table

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Accounting Information Systems

ISBN: 978-1260153156

2nd edition

Authors: Vernon Richardson, Chengyee Chang, Rod Smith

Question Posted: