PART 1 MULTIPLE CHOICE 8.

General model of an Accounting Information

1. Defined as the integrated machine system that System that allows users to permanently delete
provides relevant information in order to support records from database.
business operations, management, and decision A. Retrieval
making. B. Deletion
A. Transaction Processing Information Systems C. Storage
D. Decision Support System D. Output
B. Management Information System
C. Customer Relationship Management 9. The following are some benefits of Enterprise
Resource Planning except:
2. It refers to users that obtain data related to A. Faster response time
operations and assist in scheduling, planning or B. Less productivity
making decisions. C. Improved order management
C. Managers D. Reduced IT cost
A. Information Specialist 10. Advantages of Human Resource Management
D. Clerical Staff System except:
B. Management Information System A. Paperless HR department
B. Efficient task performance time
3. Defined as the integrated machine system that C. Harder performance management
provides relevant information in order to support D. Less task performance time
business operations, management, and decision-
making 11. This provides complete details of all the accounts
A. Management Information System used by business organization
B. Structured or programmable decisions A. General ledger
C. Transaction processing system B. General journal
D. Transaction processing system qualifiers C. Special journal
D. Subsidiary journal
4. Is a marketing type of business wherein
businesses provide products or services to other 12. The following are advantages of using Decision
businesses for the production of goods, business Support System except:
operations, or reselling of products? A. Time saving
A. Business to Consumer (B2C) B. Enhanced effectiveness
B. Business to Government (B2G) C. Promote Learning
C. Government to Citizen (G2C) D. Monetary Cost
D. Business to Business (B2B)
13. This type of system works by having company
5. Refers to commercial transaction executed online data stored in a remote, external network that is
using the internet accesses by employees using the internet. A third-
A. E-Business party service provider can be hired to install the CRM
B. Electronic system for a company.
C. E-Commerce A. On-premises CRM
D. Business-to Business or B2B B. Cloud-base CRM
C. Open-source CRM
6. This type of computer network is within the area D. Contact Center
of a town or city where it connects two or more LANs
or CANs 14. CRM systems help companies analyze customer
A. Wide Area Network (WAN) data to provide better products and services to
B. Metropolitan Area Network (MAN) customers, as well as produce appropriate product
C. Local Area Network (LAN) marketing materials.
D. Campus Area Network (CAN) A. Workflow Automation
B. Lead Management
7. Refers to any online-run business, it is also C. Human Resource Management
considered as a technique used by business D. Analytics
organization to improve business organization
strategy and become productive and profitable 15. A CRM software provides pre-recorded audio for
through the use of IT. customer troubleshooting and inquiries to alleviate
A. E-Business the workload of a company’s contact center agents,
B. E-Commerce as well as to diminish call time.
C. Computer Network A. Geolocation Technology or Location-based
D. INTRANET Services
B. Contact Center Automation
C. Marketing Automation
D. Salesforce Automation
16. Refers to the strategies and technologies used by
business organizations to manage and analyze data
from their stakeholders, current customers, and
potential customers.
A. Vendor Management System
B. Accounting Information System
C. Decision Support System
D. Customer Relationship Management
17. This involves data being processed immediately
upon entry of if a transaction occurs. It is more
expensive than batch processing, and its database is
always up to date. It requires fast secondary storage
such as magnetic disks.
A. Hybrid Processing
B. Online and Real-time Processing
C. Information Management
D. Batch Processing
18. A business organization collects data from
transactions, which accumulate over a period of time,
puts them together in a group batch, and allows the
system to process the entire batch all at once. This
process can be done in a cyclic method depending
on the nature of the business transaction. It can be
captured nowadays using disk files.
A. Batch Processing
B. Online and Real-time Processing
C. Hybrid Processing
D. Communication-driven
19. Transactions performed by a TPS are
irreversible. In the event of a system failure, a log
must be made which documents all finished
transactions.
A. Reliability
B. Consistency
C. Atomicity
D. Durability
20. Transactions should appear separated in a TPS.
For example, a fund transfer requires the debit and
credit of two accounts. The two processes should
occur at the same time, not one after another.
A. Isolation
B. Consistency
C. Durability
D. Atomicity
21. A TPS observes integrity constraints or rules that
ensure the consistency of the processed information.
For example, an integrity constraint that requires a
positive value will reject a negative value.
A. Isolation
B. Consistency
C. Durability
D. Atomicity
22. A transaction could only be processed
completely, either in full or not at all. For example, a
fund transfer would only be authentic if both a
withdrawal from one account and a deposit to
another take place. If one exists without the other, it
is not a legitimate transaction. A TPS makes sure
that the entire process of a transaction is performed.
A. Consistency
B. Isolation
C. Atomicity
D. Durability
23. A TPS should be accessible only to a select
group of people to maintain information and
transaction security. Restricted access is
implemented to avoid access by uncertified
employees.
A. Controlled Access
B. Reliability
C. Standardization
D. Rapid Processing
24. Makes data processing efficient, a TPS should
uniformly perform transactions, meaning every
process of transaction should be similar regardless of
who the customer is.
A. Reliability
B. Rapid Processing
C. Standardization
D. Rapid Processing
25. A TPS also has the ability to protect information
and prevent the system from crashing. Transactions
and site operations should be secure and stable for
customer satisfaction.
A. Standardization
B. Reliability
C. Controlled Access
D. Standardization
26. A TPS is devised to instantly process
transactions to ensure the availability of customer
data when needed. With the quick advancement of
technology, customers expect companies to meet
their needs immediately, thus, fast data processing
has become necessary.
A. Reliability
B. Standardization
C. Controlled Access
D. Rapid Processing
27. After processing the data, a TPS stores data in a
memory device either for a short or long period of
time, depending on the instruction of the users.
A. Data Storage
B. Controlled Access
C. Data Validation
D. Data Verification
28. A TPS validates data from users, checks their
accuracy and authenticity, and processes the data
based on the instructions given by the users.
A. Basic Data Entry
B. Data Storage
C. Data Process
D. Data Verification
29. This function involves the capturing of data
coming from the users or other systems based on a
certain source document. Then, it enters data into
the TPS and checks data entry.
A. Forecasting Report
B. Input Function
C. Transaction Processing System
D. Analysis and Margin Report
30. An IS that captures and processes a company’s
business transactions necessary to update and
support its basic operations. It plays a significant role
in recording, collecting, storing, modifying, validating,
manipulating, processing and retrieving diverse data
transactions.
A. Transaction Processing System
B. Management Information System
Input Function
D. Strategic Information System
31. This type of report is one of the main inventory
statements that regularly update the stock record in
real time. It summarizes the stock-in-hand for a
particular date.
A. Sales Report per Product and Product Type
B. Sales Report per Customer or Customer Group
C. Inventory Ageing Report
D. Stock Inventory Report
32. With this report, it is easier to identify important
customers, as well as those who engage with a
company’s brand for the improvement of marketing
strategies and communication with customers.
A. Sales Report per Product and Product Type
B. Sales Report per Customer or Customer Group
C. Status Report
D. Stock Inventory Report
33. Identifies the best and worst product in business
organizations. This report will help to decide which
products need to be let go and which one needs to
be kept. On the other hand, the sales report per
product type helps business organizations handle
their revenues from a category level.
A. Sales Report per Customer or Customer Group
B. Status Report
C. Sales Report per Product and Product Type
D. Analysis and Margin Report
34. This type of report gives a business organization
as overview for sales within a specified period of
time. It contains information related to the cost of
goods sold, profit, tax or margins.
A. Sales Report per Product and Product Type
B. Sales Report per Customer or Customer Group
C. Inventory Ageing Report
D. Sales Summary Report
35. This type of report saves a business organization
from any form of delay in shipment as it measure the
period of on-hand inventory.
A. Forecasting Report
B. Inventory Ageing Report
C. Status Report
D. Analysis and Margin Report
36. This type of report shows the anticipated demand
depending on the results of an analysis to be done
using a data analytics tool. This report can help
optimize reordering processes and monitor inventory
to avoid overstocking and spending.
A. Inventory Ageing Report
B. Inventory Report
C. Forecasting Report
D. Analysis and Margin Report
37. This type of report focuses on profitability. It
includes the reviews of the turnover, demand and
profitability.
A. Status Report
B. Forecasting Report
C. Inventory Ageing Report
D. Analysis and Margin Report
38. This type of report includes the status of
inventory in terms of time, location and duration, as
well as the current inventory status that could help in
fulfilling orders and placing new inventory.
A. Analysis and Margin Report
B. Status Report
C. Forecasting Report
D. Inventory Ageing Report
39. A decision can be considered if and only if the
rules of instantly recognizable decision rules have
been specified in advance. This could be depicted in
a flowchart or a decision table.
A. Structured or Programmable Decisions
B. Unstructured or nonprogrammable Decisions
C. Organizational Functions
D. Operating System
40. It refers to users that would check and analyze
reports regularly, retrieve requests and assist in the
identification of problems and opportunities and
decision-making.
A. Information Specialist
B. Clerical Staff
C. Clerical Staff
D. Top Management
PART II TRUE OR FALSE
1. Legacy systems this system uses old version
of technology which business organizations
may consider as investments. TRUE
2. The role of an auditor in business
organizations is to conduct assurance
services and ensures that proper procedures
 have been followed in the performance of
tasks. TRUE
3. Manual accounting systems require the use
of source documents and paper-based
ledgers and journals. TRUE
4. Data collection the third operational level of
an AIS or Accounting Information System
collects data from various sources and
ensures that these data are accurate, valid,
complete, and free from any errors. FALSE
5. Accounting Information System in business
organizations is not only for accounting but
also for improving management control.
TRUE
6. Vendor management system defined as the
web-based procurement application that
allows business organizations to directly
manage the process of procurement for both
temporary and permanent staff and contract
and contingent staff. TRUE
7. SIS or Strategic Information System uses an
IS that analyze business initiatives to create
strategies. These systems are used by
companies for more efficient, effective, and
controlled operations. TRUE
8. A DSS or Decision Support System is not a
versatile tool that can be customized
according to the purpose it serves FALSE
9. A DSS or Decision Support System is not
designed for numerous repeated operations.
FALSE
10. DSS or Decision Support System which uses
data, knowledge, Communication
technologies, and models to assists the
decision-makers of a company TRUE
11. A Customer relationship management with
the use of contact center automation, a crm
software provides prerecorded audio for
customer troubleshooting and inquiries to
alleviate the workload of a company’s contact
center agents, as well as to diminish call time
TRUE
12. Forecasting is hard with the use of CRM or
Customer relationship management; thus,
they cannot be considered as a tool for sales
and marketing. FALSE
13. CRM refers to the strategies and
technologies used by business organizations
to manage and analyze data from their
stakeholders, current customers, and
potential customers TRUE
14. TPS online and real time processing this
involves data being processed non
immediately upon entry or if a transaction
occurs. FALSE
15. The durability for TPS transactions performed
by a TPS are reversible. In the event of a
system failure, a log must be made which
documents all finished transactions. FALSE
16. TPS data validation uses a set of programs
that would allow for the computation and
validation of data entered by users TRUE
17. Basic data entry refers to data entered by
users into the system TRUE
18. Input function involves the capturing of data
coming from the users or other systems
based on a certain source document. TRUE
19. Top management it refers to users that would
check and analyzed reports, retrieve request,
and assist in the identification of problems
and opportunities and decision-making TRUE
20. Information specialist refers to non-users that
would analyze information and assist in
planning and reporting. FALSE
21. Transaction Processing System verifies data
coming from specific users TRUE
22. One of the MIS characteristics is the ability to
bridge business and technology TRUE
23. Finance and Accounting MIS is used to plan,
relevant employee requirements analyze
employee FALSE
24. E-Business required networks are internet,
intranet and extranet TRUE
25. Every State and/or country has different rules
and laws regarding taxes TRUE
26. 4th and 3rd Generation Technology is one of
the main forces support M-commerce TRUE
27. The store created on the web and can be
accessed during the internet are much
more costly than having physical store
FALSE
28. License and permits are not needed to sell
products and service FALSE
29. M Commerce requires devices such as
computer and laptops FALSE
30. One of the advantages of using Vendor
Management System the competitive bidding
will arise if the vendors will bid for their staff
to be hired. TRUE
31. Monetary cost is one of the disadvantages of
using decision support system TRUE
32. CRM system is useful for storing customer
information TRUE
33. Batch processing collects data from
transactions w/c accumulate over period of
time puts them together in group or batch.
TRUE
34. MIS helps in cost and management control by
taking away risks that are involved in decision
making. TRUE
35. MIS communicates ineffectively with
stakeholders of business organization FALSE
36. Philippine Statistic Authority is an example of
Consumer to consumer (C2C) model FALSE
37. Lazada platform is an example of Business to
Government (G2B) model FALSE
38. Hackers attempting to steal customer
information or mess up the site TRUE
39. I Mode Access Platforms is another form of
mobile access that was introduced by the
Japanese. TRUE
40. E-Commerce is a trading of merchandise
over the internet TRUE

PART III IDENTIFICATION
1. Information System that analyzes business
initiatives to create strategies. STRATEGIC
INFORMATION SYSTEM
2. Transaction is a wholesaler selling products to a
retailer BUSINESS TO BUSINESS
3. Integrated machine system that provides relevant
information in order to support business operations,
mgt and decision-making. MANAGEMENT
INFORMATION SYSTEM
4. To improve business-customer relationships
results in customer retention, increase sales and
attraction of new customer. CUSTOMER
RELATIONSHIP MANAGEMENT
15. Refers to the use of wireless handheld devices to
conduct business -related transactions online.
M - COMMERCE
16. Software tools that uses, maintains and manages
enterprise data. ENTERPRISE RESOURCE
PLANNING
17. Mandates of the Philippine government in terms
of executing online transactions locally or
internationally. ELECTRONIC COMMERCE ACT OF
2000
18. Prohibits the communication and sharing of
written, electronic and recorded information DATA
PRIVACY ACT OF 2000
19. Running a business using the internet
E BUSINESS

5. CRM system can integrate information taken from 20. This type of system works by having company
social media to company’s existing customer data stored in remote, external network that is
information for better customer analysis. SOCIAL accessed by employees using internet.
CRM CLOUD BASED CRM

6. Type of commercial transaction in which business

sell products or services directly to consumers
BUSINESS TO CONSUMER

7. Uses data, knowledge, communication

technologies and models to assists the decision
makers of the company. DECISION SUPPORT

8. Web based procurement application that allows

business organization to directly manage the process
of procurement. VENDOR MANAGEMENT SYSTEM

9. Information System that captures and processes

a company’s business transaction to update data and
support its basic operation. TRANSACTION
PROCESSING INFORMATION SYSTEM

10. Focuses on both financial and management

accounting and connect them with each other.
ACCOUNTING INFORMATION SYSTEM

11. Focuses on both financial and management

accounting and connect them with each other.
HUMAN RESOURCE MANAGEMENT SYSTEM

12. Leading software of ERP in various sectors such

as manufacturing, distribution, service, and more.
SYSTEM APPLICATION AND PRODUCTS

13. Refers to commercial transactions executed

online using the internet. E COMMERCE

14. Refers to business that sells, products, services

or information to governments and or government
agencies. BUSINESS TO GOVERNMENT