Quiz
Untitled
Create a free account to finish this quiz
Save your progress and see your final score.
Already have an account? Sign in
Questions in this quiz (17)
1As discussed in the text, the functions of the B/AR/CR process:
- Ais identical to those of the order entry/sales process
- Bsupports the problem-solving processes of marketing managers
- Ccollects amounts due from customers
- Dis unrelated to the functions of the order entry/sales process
2According to the concept of segregation of duties, which of the following managers should report to the controller rather than to the treasurer?
- Acredit department manager
- Baccounts receivable department manager
- Ccashier
- Dinvestments manager
3In an organization in which the OE/S and B/AR/CR processes are separate processes, the B/AR/CR process usually accomplishes all of the following activities except:
- Apicking goods in the warehouse
- Bbilling customers
- Cmanaging customer accounts
- Dsecuring payment of customer accounts
4Which of the following pairs of functions would you expect might report directly to the vice president of finance?
- Acredit department and controller
- Bshipping department and controller
- Caccounts receivable department and treasurer
- Dtreasurer and controller
5Which of the following statements regarding Check 21 is false?
- AIt allows banks to exchange checks electronically.
- BBefore this system, paper checks were flown around the country from bank-to-bank to complete the check-clearing process.
- CIt requires that banks exchange check images.
- DIt significantly reduced float.
6Which of the following process bubbles (i.e., activities) would you not expect to see in the logical DFD for a B/AR/CR process?
- Aperform billing
- Brequisition inventory
- Creceive customer payment
- Dmanage customer accounts
7Which of the following normally would trigger the billing process in a B/AR/CR process?
- Aremittance advice
- Bshipping notice
- Cpicking ticket
- Dcustomer acknowledgment
8Which of the following normally would trigger the B/AR/CR process to record a customer payment?
- Acredit memo
- Bremittance advice
- Cdeposit slip
- Dnotice to the general ledger to record a cash receipt
9The principal master data that you would expect to see in a B/AR/CR process is the:
- Asales order
- Bshipping notifications
- Csales journal
- Daccounts receivable
10In a B/AR/CR process, which of the following data stores is least likely to interact with a process called "perform billing"?
- Avendor master data
- Bcustomer master data
- Caccounts receivable master data
- Dsales event data
11In a logical DFD for a B/AR/CR process, which of the following data stores would you expect to interact with a process called "manage customer accounts"?
- Ainventory master data
- Baccounts receivable master data
- Csales event data
- Dcash receipts event data
12In a logical DFD for a B/AR/CR process, you would expect that a credit memo would be sent by the B/AR/CR process to the customer from which of the following processes?
- Aperform billing
- Bmanage customer accounts
- Creceive payment
- Dvalidate sales order
13Inputs to the B/AR/CR process normally could include all of the following except:
- Aa copy of the sales order sent by the sales order function to the billing function
- Ba shipping notice sent by the shipping function to the billing function
- Ccustomer acknowledgement
- Dremittance advice
14In general, adjustments to customer balances in the accounts receivable master data will be necessary for all of the following except:
- Asales returns and allowances
- Breversals of mispostings and other errors
- Cbad debt write-offs
- Destimates of uncollectible accounts
15An invoice record usually contains all of the following elements except:
- Athe customer's credit limit
- Bcustomer's identification
- Citems and quantities billed
- Dinvoice date
16In an entity-relationship (E-R) diagram for the B/AR/CR process, you would expect that the word trigger would appear between the boxes for?
- ACUSTOMER and SHIPMENT
- BCUSTOMER and SALES INVOICE
- CSTOCK PICK and SHIPMENTS
- DSALES INVOICE and SHIPMENT
17A company using a centralized database approach might not maintain a relational table for ACCOUNTS RECEIVABLE. Rather, accounts receivable balances at any point in time could be computed as the difference between the relations for which of the following continuous events?
- ASHIPMENTS and SALES_INVOICES
- BSALES_INVOICES and CASH_RECEIPTS
- CSHIPMENTS and CASH_RECEIPTS
- DCUSTOMER and SALES_INVOICES
Information
- Description
- Quiz on Untitled, created by Caroline Dennehy on 17/11/2015.
- Author
- Caroline Dennehy
- Language
- English
- Views
- 0
- Rating
- No ratings yet Rate this quiz