A) All of the team does not need to implement every offered exchange cycle segments

44) Of a lot progressive bookkeeping software packages provide independent deal period modules. What is the cause for this? B) Extremely companies don’t need the fresh new funds cycle module as a key part of its AIS. C) The type off confirmed transaction duration is similar irrespective of of your variety of business. D) A properly designed AIS doesn’t utilize the thought of separate company purchase time periods to processes transactions. Answer:Webpage Ref: 9Objective: Learning Goal 5Difficulty : ModerateAACSB: Analytic

C) offer cash, score labor

45) The firm people obtain capital of exterior traders, which leads to a keen inflow of money toward providers. Which transaction is recognized as being part of which cycle? A) brand new revenue cycleB) the latest payroll period C) the supply duration D) the credit course Address:Web page Ref: 7-8Objective: Discovering Goal 4Difficulty : EasyAACSB: Analytic46) And that of your own adopting the isn’t a purchase cycle? A) revenue B) costs C) human resources D) standard ledger and you will revealing Answer:Web page Ref: 7-9Objective: Understanding Purpose 4Difficulty : ModerateAACSB: Analytic

47) And therefore of the following statements was false?A) Stores lack a production cycle.B) Financial institutions features fees-financing schedules.C) A support team doesn’t always have a list system.D) Most of the organization is use most of the deal period module.Answer:Webpage Ref: 9Objective: Reading Goal 4Difficulty : EasyAACSB: Analytical

48) Deal time periods will be described towards the a more impressive range because the “give-get” deals. A good example of “give-get” in the expenses period is An excellent) provide cash, rating dollars. B) provide dollars, rating merchandise. D) promote products, rating bucks. Answer:Web page Ref: 7Objective: Discovering Purpose 4Difficulty : EasyAACSB: Analytic

D) AIS truly has an effect on i . t, although not business strategy

49) Deal schedules should be summarized to your a high level while the “give-get” purchases. A good example of “give-get” on revenue course was An effective) give cash, rating goods. B) promote merchandise, get dollars. D) promote bucks, get dollars. Answer:Web page Ref: 7Objective: Learning Objective 4Difficulty : EasyAACSB: Analytic50) Groups of related company issues including the purchase of gifts and you may percentage from dealers are called A good) deal cycles. B) monetary time periods. C) business events. D) deals. Answer:Webpage Ref: 6-7Objective: Understanding Objective 4Difficulty : EasyAACSB: Analytical

51) And therefore of your adopting the was a real statement?A) Business strategy personally affects AIS, but not information technology.B) It physically has an effect on business community, not business plan.C) Business society yourself has an effect on business strategy, but not AIS.Answer:Web page Ref: 13Objective: Discovering Objective 7Difficulty : DifficultAACSB: Analytical

52) The transaction duration detailed with the events out of employing personnel and you will spending them is called the latest A beneficial) revenue course. B) expense course. C) hr cycle. D) money stage. Answer:Webpage Ref: 7-8Objective: Discovering Objective 4Difficulty : EasyAACSB: Analytic53) The order period approach causes efficient control out of a massive level of transactions http://datingranking.net/tr/senior-match-inceleme given that Good) deal schedules are simpler to computerize. B) a large number of transactions in this certain cycle can be categorized to the a somewhat few collection of products. C) your order course means means the latest sheer acquisition off providers. D) deal time periods are easy to discover. Answer:Webpage Ref: 7Objective: Discovering Mission 4Difficulty : ModerateAACSB: Analytic

54) And that of one’s pursuing the isn’t an example of just how an enthusiastic AIS adds worthy of so you’re able to an organization?A) All team at a medical facility have access to and update diligent records of people pc critical about medical.B) A customer service affiliate can find a customer’s membership data, pick background, fee background, and you will salesperson’s name while on the telephone into the customer, to resolve situations quickly. C) Companies are able to supply sales investigation straight from the purpose-of-sale program off a store and submit index automatically when needed. D) Buyer tax documents are encrypted making available on the latest CPA firm’s community to your personnel that have an access password.Answer:Page Ref: 11Objective: Discovering Goal 6Difficulty : DifficultAACSB: Analytical