Which of the following provides the organization structure for the general ledger?
A. special journals
B. a source document
C. general journals
D. the chart of accounts
D. the chart of accounts
AIS often depends on codes to record, classify, store, and retrieve financial data. Which of the following codes is a group of numbers reserved for particular uses?
A. Block codes
B. Mnemonic codes
C. Alphanumeric codes
D. Numeric codes
A. Block codes
AIS reports should be consistent in at least three ways. Which of the following is NOT one of those ways?
A. Over time
B. Across firms
C. Across departmental or divisional levels
D. With general accounting practices
B. Across Firms
_______is (are) a collection of activities or flow of work in an organization that creates value
A. An economic event
B. Accounting transactions
C. A business process
D. A chart of accounts
C. a business process
Which of the following reports is NOT an objective of the sales process?
A. Controlling inventory
B. Tracking sales of goods/services to customers
C. Billing of goods/services
D. Forecasting sales and cash receipts
A. Controlling inventory
Which of the following reports is common to both the sales and the purchasing processes?
A. Cash receipts forecast and cash requirements forecast
B. Financial statement information
C. Billing for goods and services
D. Forecasting sales and cash receipts
B. Financial statement info
Which of the following source documents is common to both the sales and the purchasing process?
A. Debit/credit memoranda
B. Financial statement information
C. Discrepancy reports and bad debt report
D. None of the above
A. Debit/credit memoranda
Which of the following business processes is most often targeted for offshoring?
A. Janitorial services
B. Landscaping maintenance
C. Information technology
D. Employee training
C. IT
If a manager wanted to sort out any differences between quantities or amounts on the purchase order, the receiving report, and the purchase invoice, which of the following AIS reports would be most useful?
A. a purchase analysis report
B. An inventory con
D. A discrepancy report
Which of the following would be most helpful for a university to manage admissions, grading, attendance, student messaging, and alumni?
A. A supply chain report
B. CRM software
C. BPO
D. BPM software
B. CRM software
Which of the following is a relatively new way to manage inventory?
A. a purchase analysis report
B. RFID tags
C. BPM software
D. An inventory register
B. RFID tags
Which of the following is (are) cited as primary reason (s) to outsource a function?
A. Cut costs
B. Stategic advantage
C. a and b
D. none of the above
C. A AND B
All of the following activities are common to the Human Resource Management function except:
A. Hiring, training, and employing workers
B. Reporting on payroll deductions
C. Maintaining employee earnings records
D. Certified financial planning for employe
D. Certified financial planning for Employees
Which of the following two resource are common to the Resource Management Process?
A. Human resources and payroll processing
B. Business processes and payroll procession
C. Fixed assets and human resources
D. Business processes and fixed assets
C. Fixed Assets and human resources
Which of the following outputs (reports) is common to all of the processes described in this chapter?
A. Financial statement info
B. Deduction reports
C. Supplier invoices
D. Budget reports
A. Financial statement info
What is the objective of the fixed asset management function?
A. To track purchases of fixed assets
B. To manage the purchase, management, valuation, and disposal of an organization's fixed assets
C. To record maintenance and depreciation of fixed assets
B. To manage the purchase, management, valuation, and disposal of an organization's fixed assets
Why do companies use BPM solutions for the fixed asset management function?
A. Decrease machine downtime and maintenance
B. Reduce inventory
C. Integrate data and coordinate logistics
D. All of the above
D. All of the above
Which of the following is an asset management system?
A. BNA software
B. JBT aerotech
C. Infor EAM
D. All of the above
D. All of the above
Which of the following automated systems helps minimize inventory costs?
A. JIT systems
B. ABC systems
C. Job order costing systems
D. Process costing system
A. JIT systems
Which of the following reports is common to the Fixed Asset Management Process?
A. Bill of materials
B. Periodic usage report
C. Depreciation report
D. All of the above
C. Depreciation report
Automated point-of-sale technology offers many advantages to retailers as well as customers. Which of the following is the most commonly used POS technology?
A. Cell phones
B. RFID
C. Bar code scanners
D. None of the above
C. Bar code scanners
The concept of lean production or manufacturing includes all of the following, except
A. Commitment to eliminate 'waste' throughout the manufacturing process
B. Eliminate or reduce non-value-added waste
C. Improve overall customer value and the profitabil
D. There are 12 categories of waste that companies hope to reduce or eliminate
Lean accounting is
A. An AIS that is generally considered low cost
B. Designed to support traditional financial performance measures
C. New performance measures that support decision-making by managers and operational improvement leaders
D. none of the ab
C. New performance measures that support decision-making by managers and operational improvement leaders
Business process reengineering
A. Is an incremental approach to redesigning business processes
B. Involves redesigning business processes from scratch
C. Is rarely successful in cutting an organization's cost
D. Is usually welcomed by an organization's em
B. Involves redesigning business processes from scratch