MULTIPLE CHOICE

Divides the organization into areas of specialized responsibility based in tasks. Also called functional
segmentation.

a. business segments
b. business function
c. organizational structure
d. functional segmentation

A documentation technique used to represent the relationship between entities.

a. Documentation technique
b. Data flow diagrams
c. Entity relationship diagrams
d. System flowcharts

It is the graphical representation of the physical relationships among key elements of a system.
a. Documentation technique
b. Data flow diagrams
c. Entity relationship diagrams
d. System flowcharts

Used to reveal the internal structure of the records that constitutes a file or database table.
a. Record Layout Diagram
b. Data flow diagrams
c. Entity relationship diagrams
d. System flowcharts

These are events that do not meet the narrow definition of a financial transaction.

a. Transaction
b. Financial Transaction
c. Nonfinancial Transaction
d. Transaction Processing

C
This system provides the internal financial information needed to manage a business.

a. Transaction Processing System

b. General Ledger System
c. Information System
d. Management Reporting System

A cycle that involves the conversion of raw material into finished products is called

a. Conversion Cycle
b. Transaction Cycle
c. Expenditure Cycle
d. Revenue Cycle

These are documents that are used to capture and formalize transaction data that the transaction cycle
needs for processing.

a. Source Documents
b. Product Documents
c. Turnaround Documents
d. Documents

Fill in the Blanks

CARDINALITY- The degree of the relationship, called ______________, is the numeric mapping between
entity instances.
FINANCIAL TRANSACTION - It is an economic event that affects both the assets and equities of the
organization, is reflected in its accounts, and is measured in monetary terms.
EXPENDITURE CYCLE- Business activities begin with the acquisition of materials, property, and labor in
exchange, this is called______________.