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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
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1
...
b
...
*d
...
Provide a means for business data storage and processing
...
Exercise strategic decision-making according to accounting information
...
5 – justify and communicate the role of accounting information in
supporting decision makers
...
An accounting information system is unlikely to help a firm to:
a
...
c
...
determine whether to approve a credit sale
...
determine the provision for bad debts
...
Correct answer: d
Learning objective 1
...
19
...
An accounting clerk
enters these data into an accounting program hosted in a computer
...
In this scenario, the accounting information system consists of:
a
...
c
...
the accounting program
...
source document, the accounting program, and the computer
...
Correct answer: d
Learning objective 1
...
20
...
b
...
d
...
the screen for selecting what report to produce
...
the screen for entering file saving locations
...
3 – critique and synthesise system concepts, giving examples
...
5
21
...
b
...
*d
...
is the method to indicate that a problem exists
...
is the method for ensuring that the system is running as normal and that there
are no problems or exceptional circumstances
...
3 – critique and synthesise system concepts, giving examples
...
The role of the accountant has changed in recent times because:
a
...
c
...
professional bodies have sought to redefine and reposition the accounting
function
...
the accounting cycle is too complex and involved to be performed solely by
the accountant
...
Correct answer: b
Learning objective 1
...
23
...
b
...
*d
...
A working professional in a domain extended beyond accounting is more
likely to be involved in system development than their counterparts in the
accounting domain
...
System development will be part of the career of a working professional in the
accounting domain
...
5 – justify and communicate the role of accounting information in
supporting decision makers
...
Data Mining is:
1
...
b
...
*d
...
declining in popularity with companies due to the emergence of newer
technologies
...
a technology that analyses larg
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