Search for notes by fellow students, in your own course and all over the country.
Browse our notes for titles which look like what you need, you can preview any of the notes via a sample of the contents. After you're happy these are the notes you're after simply pop them into your shopping cart.
Title: INFS2005 Chapter 1 Practice Questions with highlighted answers
Description: Australian National University INFS2005 Chapter 1 Practice Questions with highlighted answers
Description: Australian National University INFS2005 Chapter 1 Practice Questions with highlighted answers
Document Preview
Extracts from the notes are below, to see the PDF you'll receive please use the links above
information is less useful than data
...
information is data that has been processed and converted
Correct answer: d
Learning objective 1
...
9
...
b
...
*d
...
process
...
feedback
...
3 – critique and synthesise system concepts, giving examples
...
A system can be defined as:
1
...
b
...
*d
...
any device used to capture data including manual keying and scanning
...
something that takes inputs, applies a set of rules or processes to the inputs
and generates outputs
...
3 – critique and synthesise system concepts, giving examples
...
Inputs can include:
a
...
c
...
receipts and invoices that are given to customers
...
any process that an accountant is involved in
...
Correct answer: b
Learning objective 1
...
12
...
Which of the following is an example of a factor in the
external environment that would impact on the design of this system:
a
...
c
...
the specification details gained from users
...
the defence force requirement regarding e-commerce
...
Correct answer: d
Learning objective 1
...
13
...
*b
...
d
...
on bank cheques
...
by many organisations to expedite the processing of accounts payable
invoices
...
3 – critique and synthesise system concepts, giving examples
...
3
14
...
*b
...
d
...
information systems gain an increased role as the emphasis shifted from
accounting to information systems
...
both accounting and information systems become part of a wider
organisational IT function
...
4 – explain ‘accounting information systems’ and discuss their
evolution
...
“Charlie & Dave’s Computer Store” is considering the best way to enter data about
new customers that sign up as part of a new marketing campaign
...
The best
method for capturing this data would be:
a
...
*c
...
scanning through barcode technology
...
manual keying
...
Correct answer: c
Learning objective 1
...
16
...
b
...
*d
...
the application of technology to the capturing, storing, sorting and reporting of
information
...
the application of technology to the capturing, verifying, storing, sorting and
reporting of financial data relating to an organisation’s activities
...
4 – explain ‘accounting information systems’ and discuss their
evolution
...
Which of the following i
32
...
b
...
*d
...
the culmination of hardware, software and data
...
the culmination of people, procedures, hardware, software and data
...
5 – justify and communicate the role of accounting information in
supporting decision makers
...
Which of the following description of XBRL is true?
a
...
c
...
XBRL is a new technology that yet to be made a practical reality
...
XBRL is fundamentally different from HTML
...
Correct answer: b
Learning objective 1
...
1
...
In general, system documentations cannot show:
a
...
c
...
how business processes are designed
...
the activities that occur within the processes
...
Correct answer: d
Learning objective 1
...
35
...
b
...
d
...
Systems documentation is increasingly being phased out of organisations due
to newer technology
...
Answers a and c are both correct
...
5 – justify and communicate the role of accounting information in
supporting decision makers
...
Which one of the following is often overlooked by businesses when it comes to
internal control?
a
...
*c
...
Fraud
...
Disaster recovery
...
Correct answer: c
Learning objective 1
...
37
...
b
...
*d
...
detect anomalous and undesirable occurrences
...
reverse the effects brought about by anomalous and undesirable occurrences
...
5 – justify and communicate the role of accounting information in
supporting decision makers
...
Which of the following statement regarding internal control is correct?
1
...
b
...
d
...
Internal controls can prevent and detect anomalous and undesirable
occurrences, but they cannot reverse the effects caused by such occurrences
...
Internal controls are only implemented in the most important functions of an
organisation
...
5 – justify and communicate the role of accounting information in
supporting decision makers
...
Internal controls do not control:
a
...
c
...
physical assets in an organisation
...
human behaviours in an organisation
...
Correct answer: d
Learning objective 1
...
40
...
b
...
*d
...
Checking credit history
...
Ordering new goods from suppliers
...
5 – justify and communicate the role of accounting information in
supporting decision makers
...
Which of the following activities is not part of the expenditure cycle?
a
...
c
...
Purchasing
...
Authorising payment
...
Correct answer: d
Learning objective 1
Title: INFS2005 Chapter 1 Practice Questions with highlighted answers
Description: Australian National University INFS2005 Chapter 1 Practice Questions with highlighted answers
Description: Australian National University INFS2005 Chapter 1 Practice Questions with highlighted answers