IAS UNS

Data differ from information in which way?

• Data are output, and information is input.

• Information is output, and data are input.

• Data are meaningful bits of information.

• There is no difference.

3. Which transaction cycle includes interactions between an organization and its suppliers?

• 0. revenue cycle

• 0. expenditure cycle

• 0. human resources/payroll cycle

• 0. general ledger and reporting system

A general journal is used to record infrequent or nonroutine transactions, such as loan payments and end-of-period adjusting and closing entries.

A specialized journal records large numbers of repetitive transactions such as sales, cash receipts, and cash disbursements.

• True

• False

The four different types of data processing activities, referred to as CRUD, are as follows: (Except)

• Creating

• Listening

• Updating

• Deleting

What is purpose of Sales Invoice?

• Record delivery of merchandise to customers

• Record cash and credit sales of merchandise

• Record sales of repair services

• Record receipt of merchandise from vendors, indicating both quantity and condition of items received

What is the meaning of this Flowchart Symbols?

• Start/Begin

• Activity in a process

• Decision

• End

The documentation skills that accountants require vary with their job function. However, all accountants should at least be able to do which of the following?

• Critique and correct documentation that others prepare.

• Read documentation to determine how the system works.

• Prepare documentation for a newly developed information system.

• Teach others how to prepare documentation.

Which of the following would managers most likely use to retrieve information

• DQL

  (data query language)

• DML

  (data manipulation language)

• DSL

  (Data Control Language)

• DDL

  (data definition language)

Which one of the following items would be the best primary key for a table containing information about customers?

• customer ID

• customer full name

• customer phone number

• customer email address

How does the chart of accounts list general ledger accounts?

• alphabetical order

• chronological order

• size order

• the order in which they appear in financial statements