Download the exam as either a .docx or .pdf file here: Test 3 – Chpts 1-12_Fall2024.docx                                                                                              Test 3 – Chpts 1-12_Fall2024.pdf When you are done, submit the quiz as a file upload. Keep track of your time, you have 120 minutes maximum (2 hours).

Which of the following are valid reasons why an organization that is not a publicly traded company (i.e., a private company) would choose to integrate extensible business reporting language (XBRL) into its accounting information? (check all that apply)  

Identify the primary users of systems documentation from the following choices (check all that apply)

Which of the following control activities do companies implement to help prevent unauthorized expenses being charged by terminated employees?  

An important skill accountants and business leaders must demonstrate is the ability to create, read, and understand how a system and/or process works, often through the creation of flowcharts.  As practiced in this class, to create a good flowchart, one should emphasize [choice1] and put less emphasis on [choice2].  

Which of the following statements regarding Data Flow Diagrams (DFDs) is false?

You have been hired by Initech Consulting and have been asked to thoroughly document the existing accounting information system in preparation for making recommendations for improvements.  You begin by meeting with the information technology staff in order to develop a flowchart illustrating the flow of information through the system, including points of interest such as: how do users log into the system; points of data entry by users; how data and/or information is accessed; and where data is stored. The flowchart you are developing is best described as a  ____________________.  

Because the company uses a double-entry accounting system, all journal entries should net to zero ($0) because the debits (Dr) equal the credits (Cr).  As a result, a common red flag of fraud is journal entries that do not net to zero ($0) (i.e., are unbalanced) How many unbalanced journal entries are there? (note: a journal entry with two (2) lines would be considered one (1) journal entry so please make sure to count distinct)  

As part of some data analysis you are building relationships among data tables in Tableau based on your client’s business rules.  To help you understand the relationships among data tables your client provides you the following entity relationship diagram (ERD) related to its sales and invoicing process. Given the cardinalities as presented by your client below, which of the following business rule statements is true?  

Which of the following statements about the preparation and use of a Level 0 data flow diagram (DFD) is false?