ACCT 312 â Accounting Information Systems
Exam One (Ch. 1-3) Review Sheet:
The exam will consist of 25 multiple choice questions at2 points each.
Chapter Two:
1. Know the four major steps inthe data processing cycle.
2. Know which type of special journal would be used for avariety of business transactions: the sales journal, cash receiptsjournal, purchases journal, cash payments journal and generaljournal.
3. Know the purpose of the two types of subsidiary ledgers.
4. Understand the basics of how coding (e.g., account numbers)works.
5. Understand the difference between online or offline dataentry and batch or real-time processing.
6. Know the difference between master files and transactionfiles. (Problem 2.8)
7. Understand the basic components of an ERP and its advantagesand disadvantages.
Chapter Three:
1. Be able to read and understand the symbols used in data flowdiagrams (DFDs â context and level 0), BPD, and documentflowcharts.
2. Know why it is so very important for accountants to be ableto read and/or prepare flowcharts.
3. You will not have to prepare a DFD, BPD, or documentflowchart.
ACCT 312 â Accounting Information Systems
Exam One (Ch. 1-3) Review Sheet:
The exam will consist of 25 multiple choice questions at2 points each.
Chapter Two:
1. Know the four major steps inthe data processing cycle.
2. Know which type of special journal would be used for avariety of business transactions: the sales journal, cash receiptsjournal, purchases journal, cash payments journal and generaljournal.
3. Know the purpose of the two types of subsidiary ledgers.
4. Understand the basics of how coding (e.g., account numbers)works.
5. Understand the difference between online or offline dataentry and batch or real-time processing.
6. Know the difference between master files and transactionfiles. (Problem 2.8)
7. Understand the basic components of an ERP and its advantagesand disadvantages.
Chapter Three:
1. Be able to read and understand the symbols used in data flowdiagrams (DFDs â context and level 0), BPD, and documentflowcharts.
2. Know why it is so very important for accountants to be ableto read and/or prepare flowcharts.
3. You will not have to prepare a DFD, BPD, or documentflowchart.
