Question: Multiple choice questions- Select the correct answer 1. Which transaction cycle includes interactions between an organization and its suppliers? a) revenue cycle b) expenditure cycle
Multiple choice questions- Select the correct answer 1. Which transaction cycle includes interactions between an organization and its suppliers? a) revenue cycle b) expenditure cycle c) human resources/payroll cycle d) general ledger and reporting system 2. Which of the following is most likely to be a general ledger control account? a) accounts receivable b) petty cash c) prepaid rent d) retained earnings 3. All of the following are guidelines that should be followed in naming DFD data elements EXCEPT: a) Process names should include action verbs such as update, edit, prepare, and record b) Make sure the names describe all the data or the entire process c) Name only the most important DFD elements d) Choose active and descriptive names 4. Which of the following is an individual user's view of the database? a) conceptual-level schema b) external-level schema c) internal-level schema d) logical-level schema 5. Which of the following conditions is NOT necessary for a fraud to occur? a) pressure b) opportunity c) explanation d) rationalization
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