会计信息系统选择题.doc

Reflection and Self-Assessment 2.4Cash 150,000 Capital Stock 15,000 Additional paid-in capital 135,000Inventory 30,000Account Payable 30,000Account Receivable 9,000 Sales revenue 9,000Cost of goods sold 6,000 Inventory 6,000Salaries expense 12,000 Cash 12,000Account payable 4,000 Cash 4,000Cash 6,000Account receivable 6,0002 1. Which of the following is not specifically mentioned in the definition of accounting? A) Identifying. B) Journalizing. C) Measuring. D) Communicating. 2. Which part of the definition of accounting refers to bookkeeping? A) Identifying and measuring. B) Identifying and communicating. C) Measuring and communicating. D) The definition of accounting does not refer to bookkeeping. 3. Which of the following steps in the accounting cycle occurs first? A) Develop source documents. B) Prepare financial statements. C) Record and post adjusting entries. D) Close the accounts. 4. Which of the following steps occurs after preparing financial statements in the accounting cycle? A) Analyzing the statements. B) Having the statements audited. C) Filing the statements with the SEC. D) Closing the accounts. 5. Common internal controls associated with source documents include all of the following except: A) Sequential numbering. B) Physical security. C) Transaction limits. D) Separation of duties 6. Which of the following accounts increases with a debit? A) Accounts payable. B) Cash. C) Retained earnings. D) Sales. 7. Which of the following pairs of accounts have the same rules for debits and credits? A) Accounts receivable and inventory. B) Accounts payable and wages expense. C) Wages expense and accumulated depreciation. D) Inventory and accumulated depreciation. 8. Which of the following statements best differentiates adjusting entries from other kinds of journal entries? A) Adjusting entries do not involve cash. B) Adjusting entries are prepared more frequently. C) Adjusting entries always involve one account for the balance sheet and one account for the income statement. D) Adjusting entries are external transactions. 9. Adjustments for uncollectible accounts and depreciation are similar in that both: A) Have an immediate impact on cash flow. B) Involve current assets. C) Rely on estimates. D) Increase equity. 10. All of the following are coding systems except: A) Random. B) Sequential. C) Block. D) Hierarchical. 1. Which of the following is common to all definitions of internal control presented in the text? A) Top management is responsible for internal controls. B) Internal controls involve information technology. C) All companies should employ the same internal controls. D) Internal control is a process. 2. What kind of assurance should internal controls provide? A) Financial. B) Technological. C) Reasonable. D) Auditable. 3. Which of the following pieces of federal legislation was passed first? A) Foreign Corrupt Practices Act. B) Sarbanes-Oxley Act. C) Internal Control: Integrated Framework. D) Enterprise Risk Management: Integrated Framework. 4. According to Brown, market risk, credit risk and liquidity risk are all elements of: A) Operational risk. B) Financial risk. C) Strategic risk. D) Hazard risk. 5. All of the following correctly pair a specific risk with a risk category in Browns taxonomy except: A) Liquidity, operational. B) Systems, operational. C) Legal and regulatory, strategic D) Market, financial. 6. Which of the following organizations authored two integrated frameworks? A) FASB. B) SEC. C) COSO. D) IMA. 7. Demonstrate a commitment to competence in carrying out their duties and responsibilities is part of which element of Internal Control: Integrated Framework? A) Control activities. B) Control environment. C) Risk assessment. D) Professionalism and ethics. 8. Avoiding, accepting, reducing and sharing are components of _ in Enterprise Risk Management: Integrated Framework. A) risk response. B) risk assessment. C) control activities. D) communication and monitoring. 9. Which duties should be completed by different people to achieve strong separation of duties? A) Journalizing and posting. B) Receivables and payables. C) Authorization, custody and recordkeeping. D) Document numbering and document completion. 1. Which type of flowchart presents the broadest overview of an information system? A) Systems. B) Document. C) Program. D) Hardware. 2. A flowchart traces the path of a sales invoice from its creation to its filing in the information system. What type of flowchart is it? A) systems. B) document. C) program. D) hardware. 3. Flowcharts often have to be revised during their preparation based on feedback from users. Therefore, they are _ in nature. A) progressive. B) iterative. C) transitional. D) imperfect. 4. Well-designed flowcharts should be read from: A) top to bottom only. B) left to right only. C) top to bottom and left to right. D) whichever direction makes sense to the user 5. What phrase describes the idea that flowcharts should be uncluttered? A) empty space. B) void space. C) blank space. D) white space. 6. Columns in a flowchart represent: A) documents. B) business processes. C) areas of responsibility. D) departments. 7. Flowcharts in accounting information systems can be used for all of the following except: A) understanding how a system works. B) spotting internal control weaknesses. C) identifying process weaknesses. D) creating a chart of accounts. 8. In addition to flowcharts, what tool can accountants use to analyze internal controls in the AIS? A) risk / control matrix. B) chart of accounts. C) financial statements. D) tax returns. 9. In a risk / control matrix, the letters PDMA most often refer to: A) financial statement assertions. B) elements of the COSO internal control framework. C) types of internal controls. D) control objectives. 10. In a flowchart, an inverted triangle most often indicates: A) filing. B) a manual process. C) offline storage. D) an on-page connector. 1. Data flow diagrams contain all of the following symbols except: A) circles. B) rectangles. C) lines. D) triangles. 2. In a data flow diagram, a circle could represent: A) vendors. B) preparing a sales invoice. C) an accounts receivable master file. D) remittance advices. 3. In a data flow diagram, an accounts receivable master file would be represented with: A) two parallel lines. B) a circle. C) a rectang