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Quiz 1 Acct - Question 1 2 out of 2 points Which of the...

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Question 1 2 out of 2 points Which of the following is NOT a financial transaction? Answer Selected Answer: update valid vendor file Correct Answer: update valid vendor file Question 2 2 out of 2 points The objectives of the data collection activity of the general model for Accounting Information Systems are to collect data that are Answer Selected Answer: efficient and relevant. Correct Answer: efficient and relevant. Question 3 2 out of 2 points Which of the following is NOT a database management task? Answer Selected Answer: summarization
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Correct Answer: summarization Question 4 0 out of 2 points When viewed from the highest to most elemental level, the data hierarchy is Answer Selected Answer: attribute, record, file. Correct Answer: file, record, attribute. Response Feedback: An attribute is a piece of data in a record (i.e.: a customer’s name, address or amount owed). A record is a complete set of attributes (i.e.: a customer’s name, address and amount owed). A file is a complete set of records (i.e.: accounts
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