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ACCT 3332 Chap 3 Quiz

True/False
Indicate whether the statement is true or false.
 

 1. 

E-Business is the application of electronic networks (including the Internet) to exchange information and link business processes among organizations and/or individuals.
 

 2. 

Standing data is relatively permanent data stored in master data.
 

 3. 

Adding, deleting, or replacing standing data is called transaction processing.
 

 4. 

Data maintenance refers to the recording of business event data and transactions.
 

 5. 

Information processing includes data processing functions related to accounting events, internal operations and financial statement preparation.
 

 6. 

Immediate mode is the data processing mode in which there is significant delay between two data processing steps.
 

 7. 

Processes that include distribution, manufacturing, and accounting software operations are front office processes.
 

 8. 

Periodic mode is the data processing mode in which there can be a significant delay between two data processing steps.
 

 9. 

Batch processing is the aggregation of several business events over some period of time with the subsequent processing of these data as a group by the information system.
 

 10. 

A device that is not directly connected to the processing computer is referred to as an online device.
 

 11. 

A computer configuration in which certain equipment is directly connected to the computer is said to be online.
 

 12. 

Batch mode is the data processing mode in which there is little or no delay between any two data processing steps.
 

 13. 

Client/server technology is the physical and logical division between user-oriented application programs that are run at the user level and the shared data that must be available through a common database.
 

 14. 

VANs are communication networks that link together several different local user machines with printers, databases, and other shared devices.
 

 15. 

LANs are communication networks that link up distributed users and local networks into an integrated communication network.
 

 16. 

The Internet is a massive interconnection of computer networks worldwide that enables communication between dissimilar technology platforms.
 

 17. 

A private data base service allows all subscribers to access and search external databases, usually through the Internet or other network connection.
 

 18. 

SPAM is unsolicited non-document mail that has largely been eliminated.
 

 19. 

The benefits of electronic document management include improved staff productivity, reduced cost of handling and storing paper and faster processing.
 

 20. 

Network providers are companies that provide a link into the Internet by making their directly connected networks available for access by fee-paying customers.
 

 21. 

Internet assurance is a service provided for a fee to vendors in order to provide a limited endorsement to users of the vendor's web site that the site is in fact reliable and event data security is reasonable.
 

 22. 

Electronic store fronts are Internet-located resources for displaying goods and services for sale and for conducting related sales transactions.
 

 23. 

Extranet auction markets provide an Internet base for companies to place products up for bid or for buyers to put proposed purchases up for bid.
 

Multiple Choice
Identify the choice that best completes the statement or answers the question.
 

 24. 

Back office functions include:
a.
customer interface
c.
purchasing
b.
supplier interface
d.
accounting
 

 25. 

A byproduct of e-business is
a.
elimination of sales staff
c.
production of hard copy reports
b.
increase in accounting staff
d.
increased errors
 

 26. 

The vast majority of e-Business is
a.
business to customer
c.
business to business
b.
customer to customer
d.
none of the above
 

 27. 

Suggesting items to Internet customers based on their buying patterns
a.
is from the collection and analysis of customer purchase data
b.
is known as "shop at one location"
c.
has increased inventory levels
d.
none of the above
 

 28. 

Online catalogs can be viewed through a(n):
a.
browser
c.
plug-in
b.
compiler
d.
viewer
 

 29. 

In batch processing, business event data are usually entered by using a(n):
a.
imaging device
c.
offline device
b.
inline device
d.
point of sale (POS) device
 

 30. 

A disadvantage of the periodic mode is:
a.
completeness
c.
validity
b.
accuracy
d.
timeliness
 

 31. 

Benefits of electronic data management (EDM) include all of the following except
a.
reduced cost of handling and storing paper
b.
improved staff productivity
c.
faster processing
d.
less disk storage
 

 32. 

Which of the following is not a benefit of electronic data interchange (EDI)?
a.
enables continued business with certain business partners
b.
improved responsiveness to customers' needs
c.
providing timely and accurate data
d.
training employees
 

 33. 

Which of the following are the two primary categories of E-Business over the web?
a.
Client and server relationships
c.
Assurance providers and vendors
b.
Networks and network providers
d.
B2B & B2C
 

 34. 

The fastest-growing segment of electronic commerce is:
a.
electronic mail
c.
electronic data interchange
b.
electronic document management
d.
Internet commerce
 

 35. 

WebTrust is a(n):
a.
e-mail program
b.
Internet provider
c.
Internet assurance service
d.
electronic document management program
 

Completion
Complete each statement.
 

 36. 

The involvement of two or more individuals and/or organizations in the completion of electronic-based business events is referred to as ____________________.
 

 

 37. 

Processes that include distribution, manufacturing, and accounting software operations are ____________________ processes.
 

 

 38. 

____________________ are repositories of relatively permanent data maintained over an extended period of time.
 

 

 39. 

____________________ includes data processing functions related to economic events such as accounting events, internal operations and financial statement preparation.
 

 

 40. 

____________________ include relatively permanent portions of master data, such as a customer's address.
 

 

 41. 

____________________ is the data processing mode in which there can be a significant delay between two data processing steps.
 

 

 42. 

A device that is not directly connected to the processing computer is referred to as a(n) ____________________ device.
 

 

 43. 

____________________ is the data processing mode in which there is little or no delay between any two data processing steps.
 

 

 44. 

____________________ is the data processing mode in which master files are updated immediately, each time an event is recorded.
 

 

 45. 

____________________ is a service provided for a fee to vendors in order to provide a limited endorsement to users of the vendor's web site that the site is in fact reliable and event data security is reasonable.
 

 



 
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