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ACC 340 Final Exam Guide-acc340dotcom

For more course tutorials visit www.acc340.com Multiple-Choice Questions 1. The process by which a financial transaction is recorded so that its flow through the system can be followed is called: a) Financial shadowing b) Managerial trace technique c) Concatenation d) Audit trail 2. Justifying expenditures for new technologies is especially difficult because: a) You do not know how many jobs will be affected b) Expenses are often recurring and are difficult to estimate c) Many benefits are intangible and are not easily known or measured d) Justifying a new technology is no different from any other capital budgeting problem

For more course tutorials visit
www.acc340.com

Multiple-Choice Questions

1. The process by which a financial transaction is recorded so that its flow through the system can be followed is called:
a) Financial shadowing
b) Managerial trace technique
c) Concatenation
d) Audit trail

2. Justifying expenditures for new technologies is especially difficult because:
a) You do not know how many jobs will be affected
b) Expenses are often recurring and are difficult to estimate
c) Many benefits are intangible and are not easily known or measured
d) Justifying a new technology is no different from any other capital budgeting problem

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) Internet connectivity<br />

c) One standardized chart of accounts<br />

d) The ability to handle multiple companies<br />

17. Enterprise-wide AISs:<br />

a) Almost never pay for themselves<br />

b) Do not include many more features than middle-range accounting<br />

software packages<br />

c) Are seldom used by multinational organizations<br />

d) Integrate an organization’s financial functions with its other<br />

functional areas<br />

18. Training and change management activities:<br />

a) Take place just before the go live stage of implementation<br />

b) Are most effective when conducted throughout design, go live, and<br />

post-implementation follow-up<br />

c) Include technical training only<br />

d) Do not include the design of user interfaces<br />

19. Which of the following software packages is not an example of a<br />

middle-range AIS?<br />

a) Great Plains Dynamics<br />

b) MAS 90<br />

c) SAP R/3

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