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Hall 5e TB Ch02

Hall 5e TB Ch02

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Published by Noelle Nepomuceno

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Published by: Noelle Nepomuceno on Aug 30, 2012
Copyright:Attribution Non-commercial

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03/16/2014

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Chapter 2—Introduction to Transaction Processing
TRUE/FALSE
1.Processing more transactions at a lower unit cost makes batch processing more efficient than real-timesystems.ANS:T2.The process of acquiring raw materials is part of the conversion cycle.ANS:F3.Directing work-in-process through its various stages of manufacturing is part of the conversion cycle.ANS:T4.The top portion of the monthly bill from a credit card company is an example of a turn-around docu-ment.ANS:T5.The general journal is used to record recurring transactions that are similar in nature.ANS:F6.Document flowcharts are used to represent systems at different levels of detail.ANS:F7.Data flow diagrams represent the physical system.ANS:F8.Document flowcharts are often used to depict processes that are handled in batches.ANS:T9.Program flowcharts depict the type of media being used (paper, magnetic tape, or disks) and terminals.ANS:F10.System flowcharts represent the input sources, programs, and output products of a computer system.ANS:T11.Program flowcharts are used to describe the logic represented in system flowcharts.ANS:T12.Batch processing systems can store data on direct access storage devices.
 
ANS:T13.Backups are automatically produced in a direct access file environment.ANS:F14.The box symbol represents a temporary file.ANS:F15.Auditors may prepare program flowcharts to verify the correctness of program logic.ANS:T16.A control account is a general ledger account which is supported by a subsidiary ledger.ANS:T17.The most significant characteristic of direct access files is access speed.ANS:T18.Real time processing is used for routine transactions in large numbers.ANS:F19.Batch processing is best used when timely information is needed because this method processes dataefficiently.ANS:F20.An inverted triangle with the letter “N” represents a file in “name” order.ANS:F21.Real-time processing in systems that handle large volumes of transactions each day can create opera-tional inefficiencies.ANS:T22.Operational inefficiencies occur because accounts unique to many concurrent transactions need to beupdated in real time.ANS:F23.Operational inefficiencies occur because accounts common to many concurrent transactions need to beupdated in real time.ANS:T24.Batch processing of noncritical accounts improves operational efficiency.ANS:T
 
25.Batch processing of accounts common to many concurrent transactions reduces operational efficiency.ANS:F
MULTIPLE CHOICE
1.Which system is not part of the expenditure cycle?a.cash disbursements b.payrollc.production planning/controld.purchases/accounts payableANS:C2.Which system produces information used for inventory valuation, budgeting, cost control, perfor-mance reporting, and make-buy decisions?a.sales order processing b.purchases/accounts payablec.cash disbursementsd.cost accountingANS:D3.Which of the following is a turn-around document?a.remittance advice b.sales order c.purchase orded.payroll check ANS:A4.The order of the entries made in the ledger is bya.transaction numbe b.account number c.dated.useANS:B5.The order of the entries made in the general journal is bya.date b.account number c.used.customer numbeANS:A6.In general a special journal would not be used to recorda.sales b.cash disbursementsc.depreciationd.purchasesANS:C

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