Which is not a characteristic of an effective information

Assignment Help Financial Accounting
Reference no: EM132960651

Problem 1: Which of the following is not a financial transaction?

a. Purchase of product

b. Update of vendor file

c. Receipt of cash

d. Sale of inventor

Problem 2: Which of the following is not a characteristic of an effective information?

a. Relevance

b. Summarization

c. Accuracy

d. Precision

Problem 3: What is the correct data hierarchy?

a. Attribute, record, file

b. File, record, key

c. Record, attribute, key

d. key, record, file

Problem 4: Which is not an accountant's role in information systems?

a. System user

b. System designer

c. System Auditor

d. System programmer

Problem 5: Which of the following is not a database management task?

a. Retrieval

b. Summarization

c. Storage

d. Deletion

Reference no: EM132960651

Questions Cloud

How much salaries and wages expense is debited : If the company has $495,000 in total gross salaries and wages, how much salaries and wages expense is debited within the fringe benefits entry
How to record transactions to the general journal : How to record four transactions to general journal? Paid last month's electricity bill of $89 by bank transfer. The bill had been recorded in accounts payable.
Calculate the first year depreciation expense : Calculate the first year depreciation expense and provide the journal entry for the first year using production unit, straight-line and double declining methods
What the current market price of the company bonds : Company CBA issued 10-year bonds four years ago with a coupon rate of 11.01 percent, paid semi-annually. What the current market price of the company bonds
Which is not a characteristic of an effective information : Which is not a characteristic of an effective information? What is the correct data hierarchy? Which is not an accountant's role in information systems?
Compute the unearned interest income : ABC Co. sold an equipment costing P1,200,000 to one of its constituents for P1,400,000 last Jan 1, 2021. Compute the unearned interest income
Sunny delight case study assignment : Sunny Delight Case Study - Sunny Delight Improves Profitability with a Self-Service BI Solution - Answer all three questions after the case study clearly
Determine the value of the investment : Alternatively, it can invest the money a money market account where it can earn 15% per year. Determine the value of the investment
Which would be associated with the human resource process : Accounting information systems have five basic elements. Which of the following would be associated with the human resource process?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial information aid to management decision making

This is an individual, written assessment, to be completed in report format. You are required to write between 3,000 and 4,000 words (excluding title page, preliminaries, tables, figures, reference list and appendices)

  Prepare consolidated statement of profit for the period

Prepare consolidated statement of profit or loss for the period ended 31 December 20X9. P lent S money on 1 August 20X9 and charged interest of £70,000

  How much will be recorded as a deduction

How much will be recorded as a deduction from Retained Earnings on the books of Bravo. Inc on the date of declaration

  Present the journal entries thorsten company should record

Present the journal entries Thorsten Company should record for these transactions. Paid UBS Shipping $125 for shipping charges on the purchase of March 2.

  Respective general journals on day the money was borrowed

Company A and Company B each borrow $2,400 from the bank. Company A signed a 90-day, 10% note. Company B signed a 120-day, 9% note. How will each of these companies record these events in their respective general journals on the day the money was bor..

  Make journal entries to record the preceding transactions

Make journal entries to record the preceding transactions on the assumption that the bonus (or no revaluation) method is used.

  Report net cash provided by investing activities

Net income $ 16,000 Cash dividends paid to stockholders 3,700 Cash proceeds from sale of land 3,850 Cash proceeds from bank loan 10,100 Cash payment (principal) on bank loan 2,800 Cash paid to purchase equipment 7,400 The company would report net cas..

  Calculate the annual payment of company a

Company A to pay the loan back over five (5) years. If Bank C lends the money to Company A for this five (5) year loan at 5%, Calculate the annual payment

  Entry to record estimated uncollectible accounts receivables

Allowance for Doubtful Accounts has a credit balance of $460 at the end of the year (before adjustment), and bad debt expense is estimated at 2% of net sales. If net sales are $666,297, the amount of the adjusting entry to record the estimated uncoll..

  Following are preacquisition financial balances

Following are preacquisition financial balances for Padre Company and Sol Company as of December 31. Also included are fair values for Sol Company accounts. Determine the value that would be shown in Padre’s consolidated financial statements for each..

  Balance sheet-assets-liabilities and stockholders equity

The balance sheet includes assets, liabilities, and stockholders’ equity as of a point in time. One example of an operating revenue would be the revenue created by the sale of an automobile at a car dealership. Superior has provided the following inf..

  What are the required rates of return on the stocks

What are the required rates of return on the 4 stocks - Are the required rates of return calculated above applicable to the investment? Explain your answer

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd