ACCT326 Final Exam

You have 3 hours to complete this exam. It is “open book, open notes”, but every
student must complete the exam independently. There are 25 questions on the exam.
Please record your answers on a separate sheet(s) and submit/upload the sheet(s) into
WebTycho (FinalExam tab)

When the AIS provides information in a timely and accurate manner, it stands as an
example of
A) improved decision making.
B) improving the quality and reducing the costs of products or services.
C) improving efficiency.
D) all of the above
 
 
 2. Which of the following is conceptually similar to a journal in a manual AIS?
 A) database
 B) master file
 C) record
 D) transaction file
 
 
3. Business process reengineering means:
 A. configuring the business processes to conform to the functionality of the IT
system.
 B. configuring the IT system to the business process for best processing
speed.
 C. matching the IT and business processes to achieve the greatest mutual
benefit from each.
 D. configuring both IT and business processes to meet the goals of ERP.
 
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4. In a city, electric power is provided to consumers by the city power company. Each
month the power company mails bills to 70,000 households and then processes payments
as they are received. What is the best method for this company to ensure that payment
data entry is efficient and accurate?
A) Well-designed paper forms
B) Source data automation
C) Use of turnaround documents
D) Sequentially numbered bills
 
 
5. The form that specifies the components of a product, including descriptions and quantities of
 materials and parts needed is the:
 A. operations list.
 B. bill of materials.
 C. engineering.
 D. capital budgeting.
 
6. In a payroll processing DFD, the "prepare reports" activity will be represented by ________,
the "employee payroll file" will be represented by ________, and the "management" will be
represented by ________.
 A) a circle; two horizontal lines; a square
 B) a circle; two horizontal lines; two horizontal lines
 C) a rectangle; a square; a circle
 D) a square; two horizontal lines; a circle
continued in attached file......