B. Acy Bachelor of Accountancy Accounting Information Systems

Question 1

Which component of an accounting information system (AIS) captures raw financial data from business transactions?

Accepted Answer

Input devices and source documents

Answer

Output devices

Answer

Data storage

Answer

Report generators

Question 2

In the revenue cycle of an AIS, which event triggers the billing process?

Accepted Answer

Shipment of goods to the customer

Answer

Receipt of customer payment

Answer

Customer places an order

Answer

Goods are received into inventory

Question 3

A relational database organizes data into:

Accepted Answer

Two-dimensional tables linked by keys

Answer

Hierarchical trees

Answer

Sequential flat files

Answer

Network nodes

Question 4

Which internal control is designed to prevent a single employee from controlling all aspects of a transaction?

Accepted Answer

Segregation of duties

Answer

Audit trail

Answer

Access controls

Answer

Physical safeguards

Question 5

The expenditure cycle in an AIS primarily handles which business process?

Accepted Answer

Purchasing and paying for goods and services

Answer

Selling goods to customers

Answer

Managing employee payroll

Answer

Recording long-term investments

Question 6

An audit trail in an AIS allows auditors to:

Accepted Answer

Trace transactions from source documents through the ledger

Answer

Prevent unauthorized access to the system

Answer

Automatically detect errors in data entry

Answer

Encrypt sensitive financial data