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9 Cards in this Set

  • Front
  • Back

Cloud computing is the use of the Internet to provide scalable services, such as software, and resources, such as data storage, to users.


A) True
B) False

True

In an online transaction entry (OLTE) system, use of data entry devices allows business event data to be entered directly into the information system at the time and place that the business event occurs.


A) True
B) False

True

Electronic document management (EDM) is the computer-to-computer exchange of business data in structured formats that allow direct processing of those electronic documents by the receiving computer system.


A) True
B) False

False

A disadvantage of periodic mode systems is


A) online master data are only up to date right after the processing has been completed
B) it is more expensive to operate than immediate mode systems
C) query capability always exists to extract up-to-date data
D) data is updated after every transaction

A

In batch processing, business event data are collected and processed


A) as soon as possible
B) in groups for more timely processing
C) in groups
D) using OLRT systems

C

In a(n) ____ system, use of data entry devices allows business event data to be entered directly into the information system at the time and place the business event occurs


A) online transaction entry (OLTE)
B) online transaction data (OLTD)
C) Periodic
D) electronic document management (EDM)

A

These are repositories of relatively permanent data maintained over an extended period of time


A) business event data
B) data maintenance
C) master data
D) standing data


C

_____________is the processing mode in which a delay exists between the various data processing steps.

Periodic

The following is a list of 10 terms and concepts from Chapter 3. Match the correct definition to its term. A letter should be used only once.


A. Master data


B. Standing data


C. Summarize


D. Post to subsidiary ledger


E. Post to general ledger


F. Journalize


G. Subsidiary ledger


H. General ledger


I. Information processing


J. Data maintenance




Add an invoice to a customer's account.


Capture a customer invoice


customer credit limit


income statement & balance sheet accts.


change inventory prices


increase balance in the sales acct


Accting and Manuf. transacations


customer invoice


AR master data


Prepare a trial balance

D. Add an invoice to a customer's account.


F. Capture a customer invoice


B. customer credit limit


H. income statement & balance sheet accts.


J. change inventory prices


D. increase balance in the sales acct


E. Accting and Manuf. transacations


A. customer invoice


C. AR master data


Prepare a trial balance