25) And therefore of your own after the comments try not the case?B) Codes should support gains.C) Codes is going to be as easy as possible.D) Requirements can be customized each section off an organisation.Answer:Web page Ref: 29Objective: Training Mission 3Difficulty : EasyAACSB: Analytical

D) subsidiary ledgers

26) To be effective, the newest chart from accounts have to A beneficial) getting due to the fact to the point that one may. B) start out with membership 001. C) need only one programming method. D) have enough detail in order to meet all the details means of your company. Answer:Page Ref: 29Objective: Discovering Mission 3Difficulty : EasyAACSB: Analytical

27) The brand new chart of account off a corporate retail bookstore could possibly is A) work-in-techniques catalog. B) an attracting membership. C) chose earnings. D) each other Good and you may C Respond to:Web page Ref: 29Objective: Learning Objective 3Difficulty : EasyAACSB: Analytic28) When you look at the exchange handling, generally and this interest comes first?

A) recording analysis inside a diary B) post items to unique journals C) capturing data to your resource documentsD) recording analysis inside the a standard ledger Address:Webpage Ref: 26Objective: Discovering Mission 2Difficulty : ModerateAACSB: Analytical

29) The new results out-of tape several team transactions would be greatest increased by using Good) prenumbered supply records. B) formal guides. C) post sources. Answer:Page Ref: 31Objective: Understanding Purpose 3Difficulty : ModerateAACSB: Reflective Convinced

30) A standard journal An excellent) was accustomed number month-to-month depreciation records.B) simplifies the process of recording more and more repeated transactions.C) facts the outlined studies the standard ledger membership that has individual sandwich-profile.D) consists of summation-top studies for each membership of your own organization.Answer:Page Ref: 31Objective: Training Purpose 3Difficulty : ModerateAACSB: Reflective Considering

31) The overall ledger An excellent) is employed so you’re able to list occasional otherwise low-program purchases.B) simplifies the entire process of recording more and more repetitive purchases.C) info all the outlined analysis your general ledger account having private sandwich-profile.D) consists of summation-height investigation for every membership of your own team.Answer:Web page Ref: 28Objective: Understanding Objective 3Difficulty : ModerateAACSB: Analytic32) A part ledger An excellent) is utilized to help you listing occasional or non-techniques transactions.B) simplifies the process of recording many repetitive deals.C) info all the outlined investigation for all the general ledger membership who’s got personal sandwich-profile.D) contains conclusion-height data for each account of your team.Answer:Page Ref: 28Objective: Learning Mission 3Difficulty : ModerateAACSB: Analytical

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33) Specialized record A) is used to help you number rare or low-techniques purchases.B) simplifies the process of recording large numbers of repetitive deals.C) details the detail by detail research for any standard ledger membership who has personal sub-levels.D) contains bottom line-top research for every single membership of organization.Answer:Web page Ref: 31Objective: Studying Purpose 3Difficulty : ModerateAACSB: Analytic

34) An audit walk A beneficial) provides the ways to look at the accuracy and you can validity away from ledger posts.B) starts with all round diary.C) is immediately created in all computer system-created recommendations system.D) was a summary of recorded deals.Answer:Webpage Ref: 31Objective: Reading Purpose 3Difficulty : ModerateAACSB: Reflective Considering

35) Regarding a master file, and this of your own after the comments is untrue?A) A king file are conceptually just like a good ledger within the an excellent manual AIS. B) A king document locations collective recommendations.C) A master document can be found across financial attacks. D) A master file’s private records is barely, if ever, altered.Answer:Webpage Ref: 32Objective: Reading Mission 3Difficulty : ModerateAACSB: Analytic36) And this of following the was conceptually exactly like a record into the a manual AIS?A) database B) learn fileC) recordD) deal fileAnswer:Web page Ref: 33Objective: Understanding Objective 3Difficulty : EasyAACSB: Analytical

37) And therefore of your following the comments is true?A) Batch operating ensures that kept information is constantly newest.B) Batch enter in is far more particular than simply to your-line studies entry.C) On-line group processing was a combination of real-some time and group operating.D) Batch handling not frequently used.Answer:Web page Ref: 33-34Objective: Studying Goal 2Difficulty : EasyAACSB: Analytic