TUTORIAL: BAP 71 AIS SELF TEST ACTIVITIES

Lecture Week: 5 Chapter 6: Technology Concepts

6.1 The four major functions that are linked by an ERP system are:
a) sales/marking, manufacturing, accounting/finance, and human resources.
b) sales/marketing, manufacturing, customer and accounting/finance.
c) customer, sales/marketing, production, accounting/finance and human resources.
d) customer, sales/marketing, production, accounting/finance.

6.2 HTML code:

a) uniquely identifies each computer connected to the internet.
b) provides tags for financial statement data displayed on the web.
c) provides standards that specify a set of tags for data on the web.
d) provides instructions for the display of a web page.

6.3 Which of the following is not an advantage of XBRL?

a) Interchangeable data
b) Less accurate financial reporting
c) Recognition by major accounting package vendors
d) Paperless reporting

6.4 Which of the following best describes the relationship between accounting information
systems and accounting standards?
a) Accounting information systems must comply with all accounting standards.
b) Accounting standards dictate the way an accounting information system must store
and handle financial data.
c) Accounting information systems that recognise and comply with accounting
standards are advantageous for tax purposes.
d) There is no direct relationship between accounting standards and accounting
information systems.

6.5 XBRL will potentially assist in strengthening information transparency because:

a) it offers greater search power and customised information for different
stakeholders.
b) it is a typology based on specific business reporting requirements.
c) it is technically superior to html and reduces the reporting time by businesses.
d) it offers paperless reporting based on industry-specific standards.

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6.6 XML does not:
a) offer a set of industry-based protocols for sharing data in e-business exchanges.
b) add data tags after reports are created.
c) add data tags before reports are created.
d) define relationships between data.

6.7 Which of the following statements is not true about cloud computing?
a) It removes all concern about data and systems security for businesses.
b) It relies on the internet as the platform for delivering services to users.
c) It consists of three types of services: SaaS, IaaS (including HaaS) and PaaS.
d) It allows smaller firms to use resources that may have been previously unaffordable.

6.8 What best describes the big data phenomenon:

a) computing software that can heal itself.
b) green computing initiatives.
c) software services that can be leased.
d) data that has come from social media or environmental systems.