QUIZ 14 - 1. 14-024 Cost center reports compare actual...

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Unformatted text preview: 1. 14-024 Cost center reports compare actual versus budget regarding ________ costs. Student Response Value Correct Answer Feedback A. controllable B. noncontrollable C. fixed D. variable 0% Score: 0/4 2. 14-080 ALERT....THIS QUESTION COULD NOT BE FORMATTED FOR ON-LINE DISPLAY. THIS TEXT WAS INSERTED TO M Student Response: Score: 3. 14-062 Cheryl Liao is an accountant at Folding Squid Technologies. While making an adjusting entry to the general ledger, she received the following error message when she tried to save her entry, "The data you have entered does not include a source reference code. Please enter this data before saving." This message was the result of a Score: 4/4 4. 14-063 Business intelligence refers to the Score: 4/4 5. 14-065 When a manager performs tests of hypothesized relationships by querying a database, she is using Score: 4/4 6. 14-067 Bobby Burns, CEO of Maudlin Motors, walked into the office of Tom Sanchez, chief information officer. "Tom," he said. "We need some way of getting a better handle on our overall performance. The financial reports are all well and good, but we need to track customer satisfaction and other aspects of the business." Tom should recommend that Maudlin Motors Score: 4/4 7. 14-008 Entries to update the general ledger are often documented by which of the following? Score: 4/4 8. 14-035 Journal entries made by either the treasurer or controller should be subject to input edit and processing controls. A check that can be made to ensure that the amount field in a journal entry contains only numeric data is called a ________. Score: 4/4 9. 14-040 Which of the following tasks are accomplished by following the audit trail? Score: 4/4 10. 14-055 Adjusting entries that are made to adjust for the effects of errors made in previous entries are called Score: 4/4 11. 14-039 This report indicates whether the total debits equal the total credits posted to the general ledger. Score: 0/4 12. 14-046 Which statement below about data warehouses and data marts is true? Score: 4/4 13. 14-001 The general ledger and reporting system consists of the ________ involved in ________ the general ledger and ________ reports. Score: 0/4 14. 14-076 Explain the benefits of XBRL. Student Response: Sample Correct Answer General Feedback: Score: 15....
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QUIZ 14 - 1. 14-024 Cost center reports compare actual...

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