NATIONAL ECONOMICS UNIVERSITY FINAL EXAM

ACCOUNTING INFORMATION SYSTEM 1

CLASS: ……………………………..
ROOM: ……… DATE: …….
SCHOOL OF ACCOUNTING AND AUDITING Time: ……………..
Duration: 90 minutes
BA ACCOUNTING INTEGRATED WITH
ICAEW CFAB

SET 1
Question 1: (2.0 points) Choose the best answer for each question below?

1. What documents are usually attached to the Cash Payment Note:

a. Fixed Asset Depreciation Spreadsheet and Allocation

b. Delivery bill

c. Minutes of checking quality of materials, products and goods

d. Payment proposal

2. What documents are usually attached to the Cash Receipt Note?

a. Time sheets

b. Goods Receipt Note

c. Supplier's quotation

d. VAT invoice

3. Which of the following operations is in the customer order processing system?

a. Set up customer credit limit.

b. Make a delivery note.

c. Check customer credit limit

d. Accept goods returned by customers.

4. Which of the following documents is attached to the goods delivered to the customer:

a. Packing slip

b. Bill/Invoice

c. Delivery note

d. Invoices, delivery notes and packing slips.

5. Which of the following accounting books are used in detailed accounting for materials under
parallel card method?

a. Warehouse card, Rotating reconciliation book

Note: Closed book exam. Chart of Accounts, accounting voucher forms and accounting book forms are allowed.
 NATIONAL ECONOMICS UNIVERSITY FINAL EXAM

ACCOUNTING INFORMATION SYSTEM 1

CLASS: ……………………………..
ROOM: ……… DATE: …….
SCHOOL OF ACCOUNTING AND AUDITING Time: ……………..
Duration: 90 minutes
BA ACCOUNTING INTEGRATED WITH
ICAEW CFAB

b. Balance book, Rotating reconciliation book

c. Import list, export list, rotation reconciliation book

d. Warehouse card, detailed accounting book of materials, Summary of Import and Delivery,
Balance

6. In the General Journal recording model, general books include:

a. Journal combined with general Ledger (Journal – Ledger)

b. General Journal, General Ledger

c. Journal – Voucher No.1 (Credit to Account 111, Debit to related Accounts) , No.2 1 (Credit to
Account 112, Debit to related Accounts) etc…

d. Recording vouchers

7. The material receipt note is made in 3 copies by the Material Department. The copies are sent
to the following departments:

a. HR Department

b. Production department

c. Accounting department

d. Storekeeper, warehouse accountant and kept at the Materials Department

8. Documents and books used in detailed accounting for fixed assets include:

a. Minutes of handover fixed assets, fixed asset card, fixed asset book

b. Minutes of handover fixed assets, inventory card, fixed asset card

c. Minutes of handover fixed assets, fixed asset card, fixed asset book at the place of use, fixed
asset book, spreadsheet, and amortization of fixed assets

d. Minutes of handover fixed assets, fixed asset card

Question 2: (2.0 points) Indicate whether the statements below True or False and explain. Then,
take an example of an increase and/or decrease transaction in fixed assets and journalize that
transaction in the detail book of fixed asset.

"There is the book for tracking fixed assets, tools and equipment at every department to record
the increase and decrease of fixed assets and tools"

Note: Closed book exam. Chart of Accounts, accounting voucher forms and accounting book forms are allowed.
 NATIONAL ECONOMICS UNIVERSITY FINAL EXAM

ACCOUNTING INFORMATION SYSTEM 1

CLASS: ……………………………..
ROOM: ……… DATE: …….
SCHOOL OF ACCOUNTING AND AUDITING Time: ……………..
Duration: 90 minutes
BA ACCOUNTING INTEGRATED WITH
ICAEW CFAB

Question 3: (4.0 points): Following are payment for suppliers in June 2022 of Quoc Hung
company applying the accounting system issued according to Circular 200/2014/TT-BTC (unit:
1,000 VND).

Opening balance: Account 331 (B): 500,000 (Credit Balance)

1. On June 3, Contract No. 160 purchased goods from seller C, the goods have been warehoused,
the amount to be paid including 10% VAT is 110,000.

2. On June 5, Contract No. 161 purchased goods from seller B, the goods have been warehoused,
the payable amount including 10% VAT is 330,000.

3. On 10/03, contract No. 186 purchased goods from company D, the goods were warehoused,
the payable amount including 10% VAT is 440,000.

4. On June 12, pay off the outstanding balance to B at the beginning of the period by bank
transfer (Debit note No. 104/3).

5. On June 14, pay in full to company D in the amount of 440,000 (Debit note No. X88/6)

6. On June 20, Contract No. 103 buys goods from seller B, the amount to be paid including 10%
VAT is 550,000.

7. On June 27, Contract No. 172, company B's purchase was warehoused, the price included
10% VAT 770,000.

8. On June 30, prepaid for seller D 200,000

Instructions:

1. List the relevant documents for the company to accept payment for each of the above
economic transactions?

2. Accounting for payment to suppliers in details? (Prepare detailed books of payment with the
suppliers, summary of payment with the suppliers)

Question 4: (2.0 points): Describe the procedure for purchasing materials at Phan Chien
Company as follows:

The material management department, based on the reserve level, determines the quantity of
material to be purchased and makes a request to purchase materials. This paper is made in 2
copies. Copy 1 is kept at the material management department. Copy 2 moves to Purchasing
Department. Copy 3 sent to the Accounting Department.

The purchasing department searches for suppliers, places orders and signs contracts.
Note: Closed book exam. Chart of Accounts, accounting voucher forms and accounting book forms are allowed.
 NATIONAL ECONOMICS UNIVERSITY FINAL EXAM

ACCOUNTING INFORMATION SYSTEM 1

CLASS: ……………………………..
ROOM: ……… DATE: …….
SCHOOL OF ACCOUNTING AND AUDITING Time: ……………..
Duration: 90 minutes
BA ACCOUNTING INTEGRATED WITH
ICAEW CFAB

When the seller delivers materials and the invoice, the purchasing department checks the
materials and prepares goods checking minute. This minute is made in 3 copies. 1 st copy is kept
at the Purchasing Department, the 2nd copy is transferred to the material Accountant, and the 3 rd
copy is given to the Materials Management Department.

After receiving the goods checking minute, the material management department will make a
goods receipt note. The goods receipt note is made into 3 copies and sent 3 copies to the
storekeeper.

The warehouse keeper checks the goods and confirm the actual number of materials received on
3 copies of the warehouse receipt, sign the warehouse receipt and then send the warehouse
receipt to the material management department.

The material management department keeps 1 st copy , 2nd copy is transferred to the material
accountant, and 3rd copy is sent to the storekeeper for recording the Warehouse Card. All related
documents are kept at the departments by number and date.

Require:

1. Make a table to analyze subjects and related processing activities? (1 point)

2. Draw a level 0 data flow diagram (DFD) for the above document? (1 point)

Note: Closed book exam. Chart of Accounts, accounting voucher forms and accounting book forms are allowed.