accounting information systems 6
Ely0817
week6october8.docxQUESTION 1
1. 1. A financial audit is:
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a. a type of internal audit |
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b. not an internal audit, but an audit used for external purposes (SEC required) only.
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c. shoes sales entry process in three steps
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d. uses reprocessing to detect authorized program changes
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16 points
QUESTION 2
1. 2. Integration of a ______ system helps reduce risk of unexpected stock outs:
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a. CRM
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b. ERP
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c. database
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d. accounting
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14 points
QUESTION 3
1. 3. the process to send monthly statement to customers is known as :
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a. automated decision table
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b. cycle billing |
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c. regular operations |
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d. management due diligence
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14 points
QUESTION 4
1. 4. A relevant aspect of test controls is to verify that program changes were
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a. installed and updated
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b. recovered and backed up
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c. identified, listed, approved
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d. checked for malware
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14 points
QUESTION 5
1. 5. the main objective of revenue cycle is:
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a. generate higher net operating margin
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b. list out the benefits of FEDI
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c. provide right product at right place at right time
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d. inform managers on day to day operations
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14 points
QUESTION 6
1. 6. segregation of duties is the most effective control procedure for
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a. minimize audits
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b. increasing morale |
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c. improving performance
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d. reducing risk
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14 points
QUESTION 7
1. 7. item lists quantity and description of each items in shipment:
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a. cancelled purchase order
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b. packing slip |
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c. invoicing |
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d. billing request
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14 points
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