Final Exam MCQ Homework 20 Question Done On May 2015

Aug 9th, 2016
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Question Complete the Final Examination. Please complete the following problems and post no later than the last day of class. Each problems is worth 1 point. Please make sure your first sheet is the answer sheet. For example: 1. A 2. B 3. A 4. B 5. A Multiple-Choice Questions 1. The process by which a financial transaction is recorded so that its flow through the system can be followed is called: a) Financial shadowing b) Managerial trace technique c) Concatenation d) Audit trail 2. Justifying expenditures for new technologies is especially difficult because: a) You do not know how many jobs will be affected b) Expenses are often recurring and are difficult to estimate c) Many benefits are intangible and are not easily known or measured d) Justifying a new technology is no different from any other capital budgeting problem 3. The essential steps in performing a systems study are (in order of occurrence): a) Analysis, design, implementation and initial operation, follo

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Final Exam MCQ Homework 20 Question Done On May 2015Report this Question as InappropriateQuestion Complete the Final Examination. Please complete the following problemsand post no later than the last day of class. Each problems is worth 1 point. Pleasemake sure your first sheet is the answer sheet. For example:1. A2. B3. A4. B5. AMultiple-Choice Questions1. The process by which a financial transaction is recorded so that its flow through thesystem can be followed is called:a) Financial shadowingb) Managerial trace techniquec) Concatenationd) Audit trail2. Justifying expenditures for new technologies is especially difficult because:a) You do not know how many jobs will be affectedb) Expenses are often recurring and are difficult to estimatec) Many benefits are intangible and are not easily known or measuredd) Justifying a new technology is no different from any other capital budgetingproblem3. The essential steps in performing a systems study are (in order of occurrence):a) Analysis, design, implementation and initial operation, follow?upb) Design, planning, follow?up, analysis, and implementationc) Planning, system specification, analysis, production, implementationd) Planning, analysis, design, implementation, and follow-up4. What is the first step to be performed by most organizations in their accountingcycles?a) Recording business transactions in a journalb) Preparing a trial balancec) Recording closing entries in a journald) Preparing tr

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