Information Technology for Accountants
Exam Questions
Course Introduction
This course explores the intersection of information technology and accounting, equipping students with the knowledge and skills required to effectively use technology in the accounting profession. Topics include accounting information systems, computerized accounting software, cybersecurity for financial data, data analytics in auditing, and the impact of emerging technologies such as artificial intelligence and blockchain on accounting practices. Through practical case studies and hands-on projects, students will learn how IT enhances decision-making, improves efficiency in financial reporting, and supports compliance with regulatory standards.
Recommended Textbook
Accounting Information Systems 11th Edition by Ulric J. Gelinas
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17 Chapters
2326 Verified Questions
2326 Flashcards
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Page 2
Chapter 1: Introduction to Accounting Information Systems
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122 Verified Questions
122 Flashcards
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Sample Questions
Q1) Which of the following questions might the accountant answer in the design of the AIS?
A) what will be recorded
B) what controls are necessary
C) what reports will be produced
D) all of the above
Answer: D
Q2) According to the Sarbanes-Oxley Act of 2002 and PCAOB Auditing Standard No. 5, management must audit and report on auditors' assertions about the organizations' systems of internal controls.
A)True
B)False
Answer: False
Q3) A(n) ______________________________ system generally consists of both computerized and manual components established to collect, store, and manage data and to provide output information to users.
Answer: information management information
Q4) Facts or figures in raw form are referred to as ______________________________.
Answer: data
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Chapter 2: Enterprise Systems
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141 Verified Questions
141 Flashcards
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Sample Questions
Q1) Technology that can connect together ERP systems and third party add-on modules is called
A) supply chain software
B) enterprise application integration (EAI)
C) EDP systems
D) none of the above
Answer: B
Q2) When choosing modules for an organization's ERP system, it is generally best to select them all from a single vendor.
A)True
B)False
Answer: False
Q3) ______________________________ integrate the business process functionality and information from all of an organization's functional areas, such as marketing and sales, cash receipts, purchasing, cash disbursements, human resources, production and logistics, and business reporting (including financial reporting).
Answer: Enterprise systems
Q4) The first step in the purchase-to-pay process is ______________________________.
Answer: requirements determination
Page 4
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Chapter 3: Electronic Business E-Business Systems
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122 Verified Questions
122 Flashcards
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Sample Questions
Q1) WebTrust is a(n):
A) e-mail program
B) Internet provider
C) Internet assurance service
D) electronic document management program
Answer: C
Q2) Service-oriented architectures (SOAs) are independent functions (or applications) that can be distributed over a network via:
A) Web services
B) value-added networks (VANs)
C) local area networks (LANs)
D) wide area networks (WANs)
Answer: A
Q3) Which of the following is not a cost of electronic data interchange (EDI)?
A) buying or leasing of hardware and software
B) training employees
C) responsiveness to customers' needs
D) reengineering applications
Answer: C
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Page 5
Chapter 4: Documenting Information Systems
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129 Verified Questions
129 Flashcards
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Sample Questions
Q1) The following narrative describes the order entry process at Adams, Inc.:
Narrative Description
Adams, Inc. customers mail their orders to the Adams customer service center where clerks open the orders and review them for accuracy. The clerks then key orders into the computer. As the clerk is entering data the computer populates the order input screen with data from the applicable customer and inventory master data. The computer displays the completed order and the clerk reviews the order (assume there are no discrepancies) and then accepts the order (selects the "save" icon on the input screen). The computer then creates a sales order master record, updates the inventory master data to allocate inventory to the sales order, prints a picking ticket in the warehouse, and displays the sales order number to the customer service center clerk. The clerk then reads this number to the customer.
Required:
a. Prepare a table of entities and activities.
b. Prepare a context diagram.
c. Prepare a physical data flow diagram.
Q2) A(n) ______________________________ is a graphical representation of a system that depicts a system's components; the data flows among the components; and the sources, destination, and storage of data.
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Page 6
Chapter 5: Database Management Systems
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175 Verified Questions
175 Flashcards
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Sample Questions
Q1) A table is in ______________________________ if it is in first normal form and no non-key attribute is dependent on only a portion of the primary key.
Q2) ______________________________ are problems in a relation table caused by the existence of functional dependencies.
Q3) The exploration, aggregation, and analysis of large quantities of varied data from across the organization is known as:
A) data independence
B) data mining
C) data redundancy
D) data warehousing
Q4) Data independence refers to decoupling the data from the system applications, and it is a major difference between the centralized database approach and the applications approach.
A)True
B)False
Q5) A(n) ______________________________ language is used to access a database and to produce inquiry reports.
Q6) ______________________________ is the most popular data modeling approach.
Page 7
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Chapter 6: Relational Databases and SQL
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103 Verified Questions
103 Flashcards
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Sample Questions
Q1) ______________________________ map and define the way in which data can be extracted from a database.
Q2) A collection of data representing multiple occurrences of a resource, event, or agent is known as a relation.
A)True
B)False
Q3) A legacy system is one that has existed in an organization for less than one year.
A)True
B)False
Q4) Which of the following is a valid SQL command?
A) MODIFY
B) INSERT
C) ADD
D) APPEND
Q5) A key attribute is the attribute whose value is:
A) undeterminable
B) unique
C) large
D) the same for all attributes
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Chapter 7: Controlling Information Systems: Introduction to
Enterprise Risk Management and Internal Control
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159 Verified Questions
159 Flashcards
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Sample Questions
Q1) According to the 2011 PricewaterhouseCoopers (PwC) Global Economic Crime Survey:
A) Internal audit is the most effective fraud detection method.
B) Cybercrime ranks as one of the top four economic crimes worldwide.
C) Accounting fraud has increased significantly over the last two years.
D) All of the above.
Q2) Establishing a viable internal control system is the responsibility of ______________________________.
Q3) Under the Sarbanes Oxley Act of 2002, the section on Auditor Independence establishes an independent board to oversee public company audits.
A)True
B)False
Q4) Which of the following is not a requirement of SOX Section 404?
A) Evaluate the design of the company's controls to determine if they adequately address the risk that a material misstatement of the financial statements would not be prevented or detected in a timely manner.
B) Gather and evaluate evidence about the operation of controls.
C) Implement key controls to determine their operating efficiency.
D) Present a written assessment of the effectiveness of internal control over financial reporting.
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Chapter 8: Controlling Information Systems: Introduction to Pervasive Controls
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158 Verified Questions
158 Flashcards
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Sample Questions
Q1) Systems documentation provides an overall description of the application, including the system's purpose; an overview of system procedures; and sample source documents, outputs, and reports.
A)True
B)False
Q2) From the standpoint of achieving the operations system control goal of security of resources, which of the following segregation of duties possibilities is least important?
A) between systems programming and computer operations
B) between data control and data preparation personnel
C) between systems development and computer operators
D) between technical services and data center
Q3) The operations run manual describes user procedures for an application and assists the user in preparing inputs and using outputs.
A)True
B)False
Q4) A facility usually comprised of air-conditioned space with a raised floor, telephone connections, and computer ports, into which a subscriber can move equipment, is called a(n) ______________________________.
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Chapter 9: Controlling Information Systems: Business
Process and Application Controls
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135 Verified Questions
135 Flashcards
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Sample Questions
Q1) Which of the following is a batch control total that represents the minimum level of control for input completeness?
A) dollar totals
B) document/record counts
C) hash totals
D) item counts
Q2) The purpose of ____ control goals is to ensure that all resources used throughout the business process are being employed in the most productive manner.
A) efficiency
B) effectiveness
C) security
D) input
Q3) Online prompting helps guide the online entry of data by defining the acceptable length and format of certain fields.
A)True
B)False
Q4) The control ______________________________ informs the user that the input has been accepted for processing.
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Chapter 10: The Order Entrysales Oes Process
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134 Verified Questions
134 Flashcards
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Sample Questions
Q1) Customer credit check is a control plan that ensures that the organization protects its resources by dealing only with customers who have demonstrated an ability to satisfy their liabilities.
A)True
B)False
Q2) For companies using enterprise systems, CRM systems often share the same underlying database.
A)True
B)False
Q3) In the OE/S process, the one input that creates the six outputs of general ledger inventory sales update, sales order notification, bill of lading, completed packing slip, shipping's billing notification, and customer acknowledgement is the
Q4) A specific type of reject stub is called a(n):
A) exception routine
B) summary report
C) corrective routine
D) normal routine
Q5) In the ER diagram for OE/S, SHIPMENTS generates
Q6) In the ER diagram for OE/S, STOCK_PICK triggers
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Chapter 11: The Billingaccounts Receivablecash Receipts
Barcr Process
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134 Verified Questions
134 Flashcards
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Sample Questions
Q1) An organization can accelerate cash deposits and prevent lapping by ______________________________.
Q2) Which of the following statements is true?
A) In a pre-billing system, invoices are prepared after the goods have been shipped and the sales order notification has been matched to the shipping's billing notification. B) In a post-billing system, invoices are prepared upon acceptance of the customer order.
C) Of the two types of billing systems discussed in the text, the pre-billing system requires the more accurate inventory records.
D) Of the two types of billing systems discussed in the text, the pre-billing system is appropriate in situations where there is a significant delay between acceptance of the customer's order and the subsequent shipment.
Q3) The two types of accounts receivable systems discussed in the text are the balance-forward and ______________________________ systems.
Q4) ______________________________ systems are B2C systems that use a Web site to post customers' bills and to receive their electronic payments.
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Page 14
Chapter 12: The Purchasing Process
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141 Flashcards
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Sample Questions
Q1) A "blind" copy of the purchase order should be sent to receiving so that:
A) receiving can anticipate the receipt of the goods from the vendor
B) receiving clerks will know the value of what is on order
C) partial shipments can be monitored
D) receiving clerks will be forced to actually count the goods that are received
Q2) The ______________________________ process is an interacting structure of people, equipment, activities, and controls that is designed to accomplish the steps of requirements determination, purchase order processing, and goods receipt.
Q3) The purchase order master data is a compilation of open POs and includes the status of each item on order.
A)True
B)False
Q4) Documents requiring approval, such as a purchase requisition, may be routed for electronic approval using ______________________________ software.
Q5) A(n) ______________________________ system would eliminate documents and forms as the medium for conducting business.
Q6) A(n) ______________________________ is an external request for the purchase of goods or services from a vendor.
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Chapter 13: The Accounts Payablecash Disbursements
Apcd Process
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118 Verified Questions
118 Flashcards
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Sample Questions
Q1) In the Level 0 DFD for an AP/CD process, a data flow called "vendor invoice" most likely would be sent by the vendor to which of the following processes?
A) establish payable
B) make payment
C) order inventory
D) none of the above
Q2) In a relational table for PURCHASE_RECEIPTS, the primary key would be the receipt number (Rec_No).
A)True
B)False
Q3) Payments not typically supported by invoices include:
A) payroll
B) income taxes
C) investments
D) all of the above
Q4) Independent validation of vendor invoices helps ensure that appropriate cash discounts are obtained.
A)True
B)False
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Chapter 14: The Human Resources Process HR
Management and Payroll Processes
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121 Verified Questions
121 Flashcards
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Sample Questions
Q1) Attendance time records reflect the start and stop times on specific jobs to allow the distribution of payroll costs to jobs in process (or to other accounts).
A)True
B)False
Q2) Which of the following is an example of processing the company's payroll for a fee?
A) electronic time management
B) payroll direct deposit system
C) payroll service bureau
D) payroll register
Q3) Which of the following recognized the importance of personnel in achieving organizational objectives, but viewed personnel as something that could be controlled?
A) human resource management
B) personnel management
C) human capital management
D) strategic management
Q4) Annuities, pensions, and retirement pay are reported on Form
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Chapter 15: Integrated Production Processes IPP
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116 Verified Questions
116 Flashcards
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Sample Questions
Q1) What conveys authority for the manufacture of a specified product or subassembly in a specified quantity and describe the material, labor, and machine requirements for the job?
A) capacity requirements planning (CRP)
B) manufacturing orders (MO)
C) capable to promise planning (CTP)
D) computer-aided process planning (CAPP)
Q2) The entire design process is automated through the use of:
A) AS/RS
B) AGVS
C) CAD/CAE
D) CAM
Q3) JIT is a manufacturing philosophy or business strategy for designing production processes that are more responsive to precisely timed customer delivery requirements.
A)True
B)False
Q4) Supply chain management software provides ______________________________ to promise planning and ______________________________ to promise planning.
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Chapter 16: The General Ledger and Business Reporting
GLBR Process
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107 Verified Questions
107 Flashcards
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Sample Questions
Q1) GAAP and IFRS convergence will lead to:
A) the end of the FASB
B) the blending of GAAP and IFRS standards
C) decreased role for the AICPA
D) less costly processes for financial reporting
Q2) XML is an XBRL-based language consisting of a set of tags that are used to unify the presentation of business reporting information into a single format that can be easily read by almost any software package and can be easily searched by Web browsers.
A)True
B)False
Q3) In the balanced scorecard methodology the ______________________________ component monitors and assesses how the organization is continuing to improve and how it is creating additional value.
Q4) XBRL is an XML-based language consisting of a set of tags that are used to unify the presentation of business reporting information into a single format that can be easily read by almost any software package and can be easily searched by Web browsers.
A)True
B)False
Page 19
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Chapter 17: Acquiring and Implementing Accounting Information Systems
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206 Verified Questions
206 Flashcards
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Sample Questions
Q1) Systems design is a set of procedures performed to choose the software specifications and hardware resources for an information system.
A)True
B)False
Q2) Discuss the accountant's involvement in systems selection including:
1.\(\text { As an analyst}\)
2.\(\text { As consultant}\)
3.\(\text { As a user}\)
4.\(\text { As an internal auditnor }\)
Q3) Interviews that are conducted with personnel outside the organization are called ______________________________.
Q4) Which development phase has the task of post-implementation review?
A) analysis
B) design
C) implementation
D) operation
Q5) ______________________________ reflects a set of procedures performed to complete the design contained in the approved systems design document and to test, install, and begin to use the new or revised information system.
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