ACC 315 2-3 Quiz

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Southern New Hampshire University *

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315

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Accounting

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Feb 20, 2024

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ACC 315 2-3 Quiz Question 1 of 20 > View Policies Show Attempt History Your Answer Correct Answer 1.25/1.25 = v Your answer is correct. As companies grow their data storage needs grow more complex and many small businesses soon grow to need a more manageable approach to local data storage. At Julia's Cookies, it only took a few months before they needed a more robust data storage solution than Excel. Choose from the list below a database solution that a small startup company may use. MySQL Microsoft Outlook Microsoft Access Oracle DBMS Question 2 of 20 < > View Policies Show Attempt History Your Answer Correct Answer 1.25/1.25 = @ v Your answer is correct. In batch processing, data is collected as it is generated and processed later at a scheduled time. Listed below are the five steps in batch processing. Which step corresponds to the occurrence of business events and the collection of transactions which are then organized into a batch? Update file Create file Scheduled batch Update database Business event

Question 3 of 20 < > 1.25/1.25 View Policies Show Attempt History Your Answer | Correct Answer v Your answer is correct. Anonline transaction processing system (OLTP): I Modifies the database by adding and changing transaction data Il Queries the database to answer questions 1 bothland Il neither I nor 11 n Question 4 of 20 < > 1.25/1.25 View Policies Show Attempt History Your Answer Correct Answer ¥ Your answer s correct. RAM Manufacturing LLC is a rapidly growing manufacturer of parts for the automotive industry. RAM Manufacturing maintains a lot of inventory and uses NetSuite to manage its inventory. RAM Manufacturing recently acquired Top Automotive LLC. Top Automotive uses Sellbrite to manage its inventory. If RAM Manufacturing decides to move the Sellbrite system to RAM Manufacturing’s data center, which systems integration approach has RAM Manufacturing taken? Run both systems in parallel Lift and shift, then integrate Shut down both systems Immediate integration

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Question 7 of 20 < > 1.25/1.25 View Policies Show Attempt History Your Answer Correct Answer ¥/ Your answer is correct. Businesses typically have many systems, some internally developed, some purchased, and others acquired. Businesses want these systems to communicate with one another and provide users with easier access to data. There are three systems configurations that consolidate and coordinate data across multiple locations. These three include centralized systems, decentralized systems, and distributed systems. Each configuration has advantages and disadvantages. Which of the following is an advantage of decentralized systems? Costis lower, as there is only one central location to be maintained. Communication among the users is increased since they are all connected. Reduction in processing bottlenecks as employees aren't competing for processing power. It promotes easier incremental growth or scalability of systems. Question 8 of 20 < > 1.25/1.25 View Policies Show Attempt History Your Answer Correct Answer v Your answer is correct. Many large accounting firms onboard groups of new hires together. The onboarding process includes several weeks of training together. In what way can this type of onboarding be beneficial to the firm? New hires create relationships with one another that can support them throughout their career. New hires learn about the corporate culture during the training process. New hires become comfortable and establish relationships, thus increasing retention. Al of these answer choices are correct.

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Question 11 of 20 < > 1.25/1.25 View Policies Show Attempt History Your Answer | Correct Answer v Your answer is correct. Companies mitigate risks associated with employee onboarding by implementing and enforcing external payroll administration. control activities. background checks. All of these answer choices are correct. Question 12 of 20 < > 1.25/1.25 View Policies Show Attempt History Your Answer | Correct Answer v Your answer is correct. Businesses typically have many systems, some internally developed, some purchased, and others acquired. Businesses want these systems to communicate with one another and provide users with easier access to data. There are three systems configurations that consolidate and coordinate data across multiple locations. These three include centralized systems, decentralized systems, and distributed systems. Each configuration has advantages and disadvantages. Which of the following is a disadvantage of decentralized systems? Since each location has its own system, there is an increase in security risk as more systems must be protected and monitored. Itis more difficult to implement as it is the most complex of the three. The risk of business disruption is greater because any disruption impacts the entire system. Itis the most expensive option as it involves higher maintenance costs.

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Question 13 of 20 < > 1.25/1.25 View Policies Show Attempt History Your Answer | Correct Answer v Your answer is correct. Fillin the blank: "A swim lane within a flowchart provides clarity and accountability for the activities that belong to specific or vendors, customers shareholders, managers employees, departments payables, receivables Question 14 of 20 < > 1.25/1.25 View Policies Show Attempt History Your Answer | Correct Answer v Your answer is correct. Which statement concerning employee onboarding is false? Employee onboarding is the process of establishing new employees in the company's systems and helping them quickly adapt to their positions and the company. Employee onboarding includes the administrative process of establishing the new employee in the payroll and benefits systems. Employee onboarding starts on the employee's first day on the job and continues through the new-hire's first few weeks or months. Employee onboarding includes ensuring new hires are comfortable, facilitating socialization, and following up with the new- hire,

Question 15 of 20 < > 1.25/1.25 View Policies Show Attempt History Your Answer Correct Answer v Your answer is correct Choose from the list below the best definition for a process flowchart process shape. The process shape connects shapes together. The process shape represents a yes/no or true/false question that must be answered for the process to continue. The process shape represents an event, or step, within the flow. The process shape marks the start or end of a process. Question 16 of 20 < > 1.25/1.25 View Policies Show Attempt History Your Answer | Correct Answer v Your answer is correct. The Human Resources (HR) department is responsible for determining salaries and benefits. Which of these activities is related to that function? Determining paid time off Determining promotions Training and development Updating employee data

Question 17 of 20 < > 1.25/1.25 View Policies Show Attempt History Your Answer | Correct Answer v Your answer is correct. Choose from the list below the best definition of the document shape in the additional flowchart shapes. The document shape represents a physical or digital document such as an email, report, purchase order or invoice. The document shape represents data or information coming into the process or leaving the process, such as an order incoming to the bakery. The document shape depicts data that is manually input into a system, such as a user typing in their username and password to access the system. The document shape represents data storage. Datais input into the database and information is retrieved. Question 18 of 20 < > 1.25/1.25 View Policies Show Attempt History Your Answer Correct Answer v Your answer is correct. The human resources (HR) business function is responsible for all employees and employee-related operations, including recri ing and hiring employees. training and developing employees. transitioning employees. Al of these answer choices are correct.

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Question 19 of 20 < > 1.25/1.25 View Policies Show Attempt History Your Answer Correct Answer ¥ Your answeris correct Human resources are one of the most important inputs into a business. collection processes in a business. outputs from a business. conversion processes in a business. Question 20 of 20 < 1.25/1.25 View Policies Show Attempt History Your Answer Correct Answer v Your answer is correct. Which of the following human resources activities is frequently outsourced? Annual performance reviews Benefits administration Involuntary termination ing employee master data