User test and acceptance is part of which phase of the SDLC?

A. general systems design

B. program specification and implementation planning
C. implementation
D. Detailed systems design

The TELOS study that determines whether a project can be completed in an acceptable time
frame is
A. a schedule feasibility study
B. a time frame feasibility study
C. an on-time feasibility study
D. an economic completion feasibility study
E. a length of contract feasibility study

In the context of the TELOS acronym, technical feasibility refers to whether

A. the systems manager can coordinate and control the activities of the systems department
B. an adequate computer site exists for the proposed system
C. the proposed system will produce economic benefits exceeding its costs
D. a proposed system is attainable, given the existing technology
E. the system will be used effectively within the operating environment of an organization

Which of the following steps is NOT considered to be a part of this systems survey
A. equipment sold by various computer manufacturers is reviewed in terms of capability, cost,
and availability
B. Interviews are conducted with operating people and managers
C. the complete documentation of the system is obtained and reviewed
D. measures of processing volume are obtained for each operation
E. Work measurement studies are conducted to determine the time required to complete various
tasks or jobs

A feasibility study for a new computer system should

A. include a report by the internal audit department that evaluated internal control features for
each planned application
B. provide the preliminary plan for converting existing manual systems and clerical operations
C. consider costs, savings, controls, profit improvement, and other benefits analyzed by
application area
D. provide management with assurance from qualified, independent consultants that the use of a
computer system appeared justified

All of the following individuals would likely be SDLC participants EXCEPT

A. accountants
B. shareholders
C. management
D. programmers
E. all of the above
A systems development approach that starts with board organizational goals and the types of
decisions organizational executives make is called
A. bottom-up
B. network
C. sequential
D. strategic
E. top-down

Which of the following is NOT a one-time cost?

A. site preparation
B. data conversion
C. software acquisition
D. insurance

Which of the following is NOT an advantage of commercial software

A. cost
B. reliability
C. Implementation time
D. independence
E. internal controls

which of the following is least likely to be an accountant's role in the SDLC?

A. programmer
B. user
C. consultant
D. auditor
E. all of these are likely roles

Which of the following is the most important factor in planning for a system change?
A. having an auditor as a member of the design team
B. involving top management and people who use the system
C. using state-of-the-art techniques
D. concentrating on software rather than hardware
E. selecting a user to lead the design team

The TELOS acronym is often used for determining the need for system changes. Which of the
following types of feasibility studies are elements of TELOS?
A. legal, environmental, and economic
B. environmental, operational, and economic
C. technical, operational, and economic
D. technical, economic, legal, and practical
E. practical, technical, and operational

In conducting a cost-benefit analysis, the estimated category that ordinarily would have the least
uncertainty as to its precise value is
A. tangible costs
B. intangible costs
C. tangible benefits
D. intangible benefits
E. none of the above

Which of the following represents the correct order in problem resolution?

A. recognize the problem, define the problem, specify system objectives, perform feasibility
studies, and prepare a project proposal
B. define the problem, recognize the problem, perform feasibility studies, specific system
objectives, and prepare a project proposal
C. recognize the problem, define the problem, perform feasibility studies, specify system
objectives, and prepare a project proposal
D. define the problem, recognize the problem, specify system objectives, perform feasibility
studies, and prepare a project proposal

Which of the following aspects of a cost-benefit study would have the greatest uncertainty as to
its precise value
A. the intangible benefits
B. the tangible cost
C. the intangible costs
D. the tangible benefits

One-time costs of system development include all of the following EXCEPT

A. site preparation
B. hardware maintenance
C. programming
D. hardware acquisition
E. data conversion
F. none of the above because they are equally precise

At which phase in the SDLC are errors most costly to correct?

A. programming
B. conceptual design
C. implementation
D. analysis

What name is given to the time value of money technique that discounts the after-tax cash flows
for a project over its life to time period zero using the company's minimum desired rate of
return?
A. payback method
B. capital rationing method
C. net present value method
D. average rate of return method
Which of the following is not a problem usually associated with the flat-file approach to data
management?
A. data redundancy
B. restricting access to data to the primary user
C, data storage
D. currency of information

A. the internal view

B. the conceptual view
C. the subschema
D. the external view

The data definition language

A. identifies, for the database management system, the names and relationships of all data
elements, records, and files that comprise the database
B. inserts database commands into application programs to enable standard programs to interact
with and manipulate the database
C. permits users to process data in the database without the need for conventional programs
D describes every data element in the database

Which duty is not the responsibility of the database administrator?

A. to develop and maintain the data dictionary
B. to implement security controls
C. to design application programs D. to design the subschema

Which term is not associated with the relational database model?

A. tuple
B. attribute
C. collision
D. relation

In the relational database model all of the following are true except
A. data is presented to users as tables
B. data can be extracted from specified rows from specified tables
C. a new table can be built by joining two tables
D. only one-to-many relationships can be supported

Which procedure will prevent two end users from accessing the same data element at the same
time?
A. data redundancy
B. data replication
C. data lockout
D. none of the above
The advantages of a partitioned database include all of the following except
A. user control is enhanced
B. data transmission volume is increased
C. response time is improved
D. risk of destruction of entire database is reduced

Which of the following is not an access control in a database system?

A. antivirus software
B. database authorization table
C. passwords
D. voice prints

Which of the following is not a basic database backup and recovery feature?
A. checkpoint
B. backup database
C. transaction log
D. database authority table

Which statement is NOT true?

a. Business activities begin with the acquisition of materials, property, and labor in exchange for
cash.
b. The conversion cycle includes the task of determining raw materials requirements.
c. Manufacturing firms have a conversion cycle but retail firms do not.
d. A payroll check is an example of a product document of the payroll system.
e. A journal voucher is actually a special source document.

A documentation tool that depicts the physical flow of information relating to a particular
transaction through an organization is a
a. system flowchart.
b. program flowchart.
c. decision table.
d. work distribution analysis.
e. systems survey.

Sequential file processing will not permit

a. data to be edited on a separate computer run.
b. the use of a database structure.
c. data to be edited in an offline mode.
d. batch processing to be initiated from a terminal.
e. data to be edited on a real-time basis.

The production subsystem of the conversion cycle includes all of the following EXCEPT
a. determining raw materials requirements.
b. make or buy decisions on component parts.
c. release of raw materials into production.
d. scheduling the goods to be produced.
Which of the following files is a temporary file?
a. transaction file
b. master file
c. reference file
d. none of the above

A documentation tool used to represent the logical elements of a system is a(n)

a. programming flowchart.
b. entity relationship diagram.
c. system flowchart.
d. data flow diagram.
Which of the following is NOT an advantage of real-time processing files over batch processing?
a. shorter transaction processing time
b. reduction of inventory stocks
c. improved customer service
d. all are advantages

Which of the following is NOT true of turn-around documents?

a. They may reduce the number of errors made by external parties.
b. They are commonly used by utility companies (gas, power, water, etc.).
c. They are documents used by internal parties only.
d. They are both input and output documents.

Which of the following is NOT a true statement?

a. Transactions are recorded on source documents and are posted to journals.
b. Transactions are recorded in journals and are posted to ledgers.
c. Infrequent transactions are recorded in journals and are posted to ledgers.
d. Frequent transactions are recorded in special journals.

Which of the following is true of the relationship between subsidiary ledgers and general ledger
accounts?
a. The two contain different and unrelated data.
b. All general ledger accounts have subsidiaries.
c. The relationship between the two provides an audit trail from the financial statements to the
source documents.
d. The total of subsidiary ledger accounts usually exceeds the total in the related general ledger
account.

Real-time systems might be appropriate for all of the following EXCEPT

a. airline reservations.
b. payroll.
c. point-of-sale transactions.
d. air traffic control systems.
e. all of these applications typically utilize real-time processing.
Is the system flowchart symbol for?
a. on-page connector?
b. off-page connector?
c. home base?
d. manual operation?
e. document?

A chart of accounts would best be coded using a(n) _______________ coding scheme.
a. alphabetic
b. mnemonic
c. block
d. sequential

Which of the following statements is NOT true?

a. Sorting records that are coded alphabetically tends to be more difficult for users than sorting
numeric sequences.
b. Mnemonic coding requires the user to memorize codes.
c. Sequential codes carry no information content beyond their order in the sequence.
d. Mnemonic codes are limited in their ability to represent items within a class.

A coding scheme in the form of acronyms and other combinations that convey meaning is a(n)
a. sequential code.
b. block code.
c. alphabetic code.
d. mnemonic code.

Sequential access means that

a. data are stored on magnetic tape.
b. the address of the location of data is found through the use of either an algorithm or an index.
c. to read any record on the file, all of the preceding records must first be read.
d. each record can be accessed in the same amount of time.

Which file has as its primary purpose to provide historical financial data for comparative
financial reports?
a. journal voucher history file
b. budget master file
c. responsibility file
d. general ledger history file

Which of the following statements is true?

a. Journal vouchers detailing transaction activity flow from various operational departments into
the GLS, where they are independently reconciled and posted to the journal voucher history file.
b. Journal vouchers summarizing transaction activity flow from the accounting department into
the GLS, where they are independently reconciled and posted to the general ledger accounts.
c. Journal vouchers summarizing transaction activity flow from various operational departments
into the GLS, where they are independently reconciled and posted to the general ledger accounts.
d. Journal vouchers summarizing transaction activity flow from various operational departments
into the GLS, where they are independently reconciled and posted to the journal voucher history
file.

Which of the following statements best describes a computer-based GL/FRS?

a. Most firms derive little additional benefit from a real-time FRS.
b. Batch processing is typically not appropriate for transaction processing of GLS.
c. The sequential file approach is an inefficient use of technology.
d. A batch system with direct access files recreates the entire database each time the file is
updated.

Which of the following is NOT a potential exposure of the FRS?

a. a defective audit trail
b. general ledger accounts that are out of balance with subsidiary accounts
c. unauthorized access to the check register
d. unauthorized access to the general ledger

Which task should the general ledger perform?

a. update the general ledger
b. prepare journal vouchers
c. have custody of physical assets
d. have record-keeping responsibility for special journals of subsidiary ledgers.

Which system is not part of the expenditure cycle?

a. cash disbursements
b. payroll
c. production planning/control
d. purchases/accounts payable

A journal is used in manual accounting environments. What files is comparable to a journal in a

computerized environment?
a. archive file
b. reference file
c. transaction file
d. master file

In contrast to a batch processing system, in a real-time system

a. a lag occurs between the time of the economic event and when the transaction is recorded
b. relatively fewer hardware, programming, and training resources are required
c. a lesser resource commitment per unit of output is required
d. processing takes place when the economic event occurs

Real-time processing would be most beneficial in handling a firm's

a. fixed asset records
b. retained earnings information
c. merchandise inventory
d. depreciation records

Operational inefficiencies occur because

a. accounts both common and unique to many concurrent transactions need to be updated in real
time.
b. accounts common to many concurrent transactions need to be updated in real time.
c. accounts unique to many concurrent transactions need to be updated in real time.
d. None of the above are true statements

Which accounting application is most suited to batch processing?

a. general ledger
b. vendor payments
c. sales order processing
d. payroll

The most important advantage of sequential coding is that

a. missing or unrecorded documents can be identified
b. the code itself lacks informational content
c. items cannot be inserted
d. deletions affect the sequence

When a firm wants its coding system to convey meaning without reference to any other
document, it would choose
a. an alphabetic code
b. a mnemonic code
c. a group code
d. a block code

Which situation indicates an internal control risk in the General Ledger/Financial Reporting
Systems (GL/FRS)?
a. the employee who maintains the cash journal computes depreciation expense
b. the cash receipts journal voucher is approved by the Treasurer
c. the cash receipts journal vouchers are prenumbered and stored in a locked safe
d. the employee who maintains the cash receipts journal records transactions in the accounts
receivable subsidiary ledger
XBRL
a. is the basic protocol that permits communication between Internet sites.
b. controls Web browsers that access the Web.
c. is the document format used to produce Web pages.
d. was designed to provide the financial community with a standardized method for preparing.

Why is the audit trail important?

The audit trail is used to track transactions from the source document to the financial statements
and vice versa. Accountants use the audit trail to correct errors, answer queries, and perform
audits.
Give a specific example of a turn-around document.
Credit card, electricity, water, telephone bill, etc.

What is destructive update?

Destructive update involves replacing an old data value with a new value and thus destroying the
original.

What are the subsystems of the expenditure cycle?

Purchasing, cash disbursements, payroll, fixed asset system

Why do many firms no longer use a general journal? What has taken its place?
Many firms have replaced a traditional general journal with a journal voucher system. Each entry
is documented on a prenumbered journal voucher which contains additional information, such as
authorization, which enhances control. A voucher may contain information on a number of
related transactions.