This quiz works best with JavaScript enabled. Home > Accounting > Accounting Information Systems > Accounting Information Systems – Quiz 2 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Accounting Information Systems Quiz 2 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. The most basic element of useful data in the database is A) The record. B) The key. C) The file. D) The attribute. Show Answer Correct Answer: D) The attribute. 2. What does trial balance mean? A) The documents obtained are used for recording accounting in the manual system. B) Documents obtained by posting journal entries. C) A document that shows the balances in every account of the general ledger. D) Documents are used for accounting and recording transactions starting from the occurrence of trade transactions. Show Answer Correct Answer: B) Documents obtained by posting journal entries. 3. Program Web Online You must download? A) Xampp. B) Editplus. C) Google Chrome. D) Wordpress. E) Xampp and Editplus. Show Answer Correct Answer: E) Xampp and Editplus. 4. What is the first step in the data processing cycle? A) Output. B) Storage. C) Processing. D) Input. Show Answer Correct Answer: D) Input. 5. Most of the inputs to the General Ledger System come from the Financial Reporting System. A) TRUE. B) FALSE. Show Answer Correct Answer: B) FALSE. 6. Which is not a benefit from the results that come out of the accounting information system and are used as financial evidence? A) Helps sell products better. B) Helps as a tool for paying taxes. C) Helps businesses know the true profits of the organization. D) Helps as a tool to support finding funding sources for businesses. Show Answer Correct Answer: D) Helps as a tool to support finding funding sources for businesses. 7. The system is..... A) A group of elements that stand alone. B) A group of elements that are related to each other but have different purposes. C) A group of elements that are closely related to each other, which function together to achieve a common goal. D) A group of non-repeating elements. Show Answer Correct Answer: C) A group of elements that are closely related to each other, which function together to achieve a common goal. 8. What is the purpose of a remittance advice? A) To inform the credit supplier that payment by cheque has been made for a specific invoice. B) To inform the credit customer that payment by cheque has been made for a specific invoice. C) To inform the credit customer of the amount owed after the business sold goods. D) To inform the credit supplier of the amount owed after the business provided services . Show Answer Correct Answer: A) To inform the credit supplier that payment by cheque has been made for a specific invoice. 9. Proof of transactions between companies and vendors that will be included in the SIA database are as follows, except..... A) Vendor payments. B) Vendor invoices. C) Proof of delivery of goods/services. D) Purchase order. Show Answer Correct Answer: C) Proof of delivery of goods/services. 10. COGs of credit sale A) General Journal. B) Sales Journal. C) Cash Receipt Journal. D) Cash Payment Journal. E) Purchases Journal. Show Answer Correct Answer: B) Sales Journal. 11. Which is not a benefit of a database management program? A) Separate the instructions from the data. B) To obtain a work system that is desirable and consistent with the organization. C) Increase the efficiency of communication between users and the work system. D) Increase the ability to link related information. Show Answer Correct Answer: B) To obtain a work system that is desirable and consistent with the organization. 12. A subsidiary ledger containing only accounts for vendors from whom items are purchased or bought on account. A) Accounts payable ledger. B) Accounts payable account. C) Accounts receivable ledger. D) Accounts receivable account. Show Answer Correct Answer: A) Accounts payable ledger. 13. Which of the following attributes would most likely be a primary key? A) Supplier name. B) Supplier number. C) Supplier zip code. D) Supplier account balance. Show Answer Correct Answer: B) Supplier number. 14. Recapitulation Daily Report in web? A) Atribut. B) Revenue Report. C) Payment Report. D) Revenue Report and Payment Report. E) Salary Report. Show Answer Correct Answer: D) Revenue Report and Payment Report. 15. Which is the greatest benefit of E-Commerce to the economic system? A) Enabling businesses in developing countries to have access to new technology. B) Consumers have access to modern media. C) Product sellers can study and gain more knowledge. D) There are more choices for consumers. Show Answer Correct Answer: A) Enabling businesses in developing countries to have access to new technology. 16. What documents are used to collect payments from customers? A) Invoice. B) Original tax invoice. C) Product return receipt. D) Delivery note. Show Answer Correct Answer: A) Invoice. 17. Purchase of merchandise on account. A) General Journal. B) Sales Journal. C) Cash Receipt Journal. D) Cash Payment Journal. E) Purchases Journal. Show Answer Correct Answer: E) Purchases Journal. 18. Postings to the control accounts in the general ledger are made A) Annually. B) Daily. C) Monthly. D) Weekly. Show Answer Correct Answer: C) Monthly. 19. Which is the administrative reporting system? A) Viewing reports. B) Creating a report. C) Report formatting. D) Report processing. Show Answer Correct Answer: D) Report processing. 20. Which of the following is not an important accounting cycle? A) Form. B) Financial statements. C) Cash opname. D) Helper book. Show Answer Correct Answer: C) Cash opname. ← PreviousNext →Related QuizzesAccounting QuizzesAccounting Information Systems Quiz 1Accounting 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 9Accounting Information Systems Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books