DeVry ACCT 571 Week 1 Quiz Latest

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DeVry ACCT 571 Week 1 Quiz Latest

TCO A) Information is:

What happens when the data exceeds the amount the human mind can absorb.

The benefit produced by the information minus the cost of producing it.

Facts that are collected, recorded, stored, and processed by an information system.

Data that have been organized and processed to provide meaning to a user.

Question 2. Question :

(TCO A) Which of the following is not one of the components of an AIS?

internal controls & security measures

people

procedures and instructions

none of the above

Question 3. Question :

(TCO A) The operations performed on data to generate meaningful and relevant information are referred to as

general ledger and reporting system

accounting information system

financial reporting

data processing cycle

Question 4. Question :

(TCO A) Callow Youth Clothing is a boutique retailer located in Estes Park, Colorado. During the peak tourist season, it has average daily cash and credit card sales in excess of $5,000. What is the best way for this business to ensure that sales data entry is efficient and accurate?

Well-designed paper forms

Source data automation

Turnaround documents

Sequentially numbered forms

Question 5. Question :

(TCO A) A graphical description of the sequence of logical operations that a computer performs is called

a data flow diagram

a document flowchart

a system flowchart

a program flowchart

Question 6. Question :

(TCO A) What is the purpose behind the five primary activities in the value chain?

Question 7. Question :

(TCO A) Name two reasons why it is important to have a working knowledge of DFDs and flowcharting.

 

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DeVry ACCT 571 Week 1 Quiz Latest

Best DeVry ACCT 571 Week 1 Quiz Latest

DeVry ACCT 571 Week 1 Quiz Latest