This quiz works best with JavaScript enabled. Home > Accounting > Accounting Information Systems > Accounting Information Systems – Quiz 12 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Accounting Information Systems Quiz 12 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Which of the following commonly initiates the data input process? A) A business activity. B) Automatic batch processing. C) An accounting department source document. D) A trial balance query. Show Answer Correct Answer: A) A business activity. 2. Aquila Trading is a computer parts retail shop. The business bought joysticks on credit from ABC Ltd. A) Invoice. B) Receipt. C) Debit note. D) Credit note. E) Payment voucher. Show Answer Correct Answer: A) Invoice. 3. Retrieval is the task of permanently removing obsolete or redundant records from the database A) TRUE. B) FALSE. Show Answer Correct Answer: B) FALSE. 4. Depreciation on building A) General Journal. B) Sales Journal. C) Cash Receipt Journal. D) Cash Payment Journal. E) Purchases Journal. Show Answer Correct Answer: A) General Journal. 5. Which source document is used to check and tally against the records of its cash at bank account? A) Credit note. B) Bank statement. C) Remittance advice. D) Payment voucher. Show Answer Correct Answer: B) Bank statement. 6. Which of the following is not an advantage of computerized accounting systems? A) Data is entered only once in computerized accounting systems. B) Computerized accounting systems provide up-to-date information. C) Computerized accounting systems eliminate entering of transaction information. D) Computerized accounting systems eliminate manyerrors resulting from human intervention. Show Answer Correct Answer: C) Computerized accounting systems eliminate entering of transaction information. 7. Johnson Pabrizio works in the accounting department of a multinational manufacturing company. His job includes updating accounts payable based on purchase orders and checks. His responsibilities are part of the company's A) Revenue cycle. B) Expenditure cycle. C) Financing cycle. D) Production cycle. Show Answer Correct Answer: B) Expenditure cycle. 8. Which is not included in the data processing circuit? A) Input data. B) Data output. C) Database. D) Improving the efficiency of the processor. Show Answer Correct Answer: D) Improving the efficiency of the processor. 9. Which document is the starting point for the purchasing accounting system? A) Invoice. B) Delivery note. C) Product return form. D) Purchase requisition. Show Answer Correct Answer: D) Purchase requisition. 10. In the case where the business returns the product to the seller Which department is responsible for delivering products and documents to sellers? A) Warehouse department. B) Finance department. C) Purchasing department. D) Accounting department. Show Answer Correct Answer: C) Purchasing department. 11. John Pablo works in the accounting department of a multinational manufacturing company. His job includes updating accounts receivable based on sales orders and remittance advices. His responsibilities are part of the company's A) Revenue cycle. B) Expenditure cycle. C) Financing cycle. D) Production cycle. Show Answer Correct Answer: A) Revenue cycle. 12. What is the important factor used in selecting a database program? A) Number of users in the system. B) DBMS working speed. C) Can be used with all existing hardware. D) All correct. Show Answer Correct Answer: D) All correct. 13. Accounting corresponds to which English language? A) Debit. B) Credit. C) Worksheet. D) Accounting. Show Answer Correct Answer: D) Accounting. 14. The one characteristic that all entries recorded in a cash receipts journal have in common is A) A debit to the Cash account. B) That they originate from the sales of merchandise. C) A credit to the Cash account. D) That they all represent collections from customers. Show Answer Correct Answer: A) A debit to the Cash account. 15. A DFD consists of the following four basic elements:data sources and destinations, data flows, transformation processes, and data stores. Each is represented on a DFD by a different symbol A) True. B) False. Show Answer Correct Answer: A) True. 16. Companies use special journals to A) Record similar types of transactions. B) Record different types of transactions. C) Identify the right software. D) Record transaction data. Show Answer Correct Answer: A) Record similar types of transactions. 17. At what level of decision-making are middle management of an organization typically involved? A) Management control level. B) Operational control level. C) Policy maintenance level. D) Operational level. Show Answer Correct Answer: A) Management control level. 18. What department is responsible for issuing receipts? A) Purchasing department. B) Accounting department. C) Warehouse plan. D) Receiving department. Show Answer Correct Answer: D) Receiving department. 19. Credit sales of merchandise A) General Journal. B) Sales Journal. C) Cash Receipt Journal. D) Cash Payment Journal. E) Purchases Journal. Show Answer Correct Answer: B) Sales Journal. 20. Please pick the most suitable special journals to record the following transaction. Purchased goods worth $ 1000 from ABC Suppliers on Credit. A) Purchase Journal. B) Sales Journal. C) Purchase returns Journal. D) Sales returns Journal. Show Answer Correct Answer: A) Purchase Journal. ← PreviousNext →Related QuizzesAccounting QuizzesAccounting Information Systems Quiz 1Accounting Information Systems Quiz 2Accounting Information Systems Quiz 3Accounting Information Systems Quiz 4Accounting Information Systems Quiz 5Accounting Information Systems Quiz 6Accounting Information Systems Quiz 7Accounting Information Systems Quiz 8Accounting Information Systems Quiz 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books