ACCT * We aren't endorsed by this school
  • School:
    *
  • Professor:
    {[ professorsList ]}
    Scott,M, virginiafullwood, Carmichael,B, KAPP, WILSON, Heslop, shiyouli, CAROL HAYEK, Burke,Megan, chen, Edelman,D, Meadors, N/A, Krupka, Perry,Suzanne, drmanmohan
Number of courses:
26

* We aren't endorsed by this school

Find your course

All Courses (26)

  • {[ course.deptAcro ]} {[ course.courseNum ]}

    {[ course.deptAcro ]} {[ course.courseNum ]}

    Course Seal
    • {[ course.numDocs ]} Document{[course.numDocs>1?'s':'']}
    • {[ course.numQa ]} Q&A{[course.numQa>1?'s':'']}
    • {[ course.numFlashcardSets ]} Flashcard{[course.numFlashcardSets>1?'s':'']}
    • {[ course.numCourseAdvice ]} Advice

    {[ courseTotalContentMessage ]}

{[ filteredCoursesMessage ]}

ACCT Documents

Showing 1 to 30 of 505

View all

ACCT Flashcards

Showing 1 to 8 of 8

View all
  • 20 terms

    Term:

    Coca-Cola Company owns 300 shares of Cisco Systems, and classifies the investment as a current asset, trading securities. The most likely reason Coca-Cola made this investment is to: a. Earn investment income and capital gains b. Establish a joint venture with Cisco Systems c. Exert a significant influence on Cisco Systems d. Facilitate activity along Coca-Cola’s supply chain

    Definition:

    a. Earn investment income and capital gains Rationale: Trading securities are held as investments of temporarily idle cash, to provide investment income and gains in value.

    • Intercorporate Investments: An Overview
    • 20 terms
    • Vocabulary for Intercorporate Investments: An Overview. Find, create, and access Acct 521, flashcards with Course Hero.
  • 10 terms

    Term:

    Data differ from information in which way? a. Data are outputs, and information is input. b. Information is output, and data are input. c. Data are meaningful bits of information. d. There is no difference.

    Definition:

    a. incorrect - Data are facts and figures that, once organized, can become information. Therefore, data are inputs, and information is output. b. correct c. incorrect - Information is organized and processed data that provide meaning. d. incorrect - There is a difference. Data are unorganized facts and figures. Information is meaningful organized, and processed data.

    • ACCT 529 - Chapter 1
    • 10 terms
    • Vocabulary for ACCT 529 - Chapter 1. Find, create, and access Accounting, 529, flashcards with Course Hero.
  • 10 terms

    Term:

    COSO identified five interrelated components of internal control. Which of the following is NOT one of those five? a. Risk assessment b. Internal control policies c. Monitoring d. Information and communication

    Definition:

    a. incorrect - The organization must be aware of and deal with the risks it faces. b. correct - Internal control policies are NOT one of the COSO's five components of internal control. However, control environment and control activities are two of the five internal control framework components. c. incorrect - The entire internal control process must be monitored, and modifications made as necessary. d. incorrect - The primary purpose of an AIS is to process and communicate information about an organization, and these activities are an essential part of an internal control system.

    • ACCT 529 - Chapter 7
    • 10 terms
    • Vocabulary for ACCT 529 - Chapter 7. Find, create, and access Acct 529, flashcards with Course Hero.
  • 10 terms

    Term:

    Which of the following is NOT a step in the data processing cycle? a. Data collection b. Data input c. Data storage d. Data processing

    Definition:

    a. correct - Data collection is a part of data input and is therefore not a step in the data processing cycle. b. incorrect - Data input is the first step in the data processing cycle. This is the step where data is captured, collected, and entered into the system. c. incorrect - Data storage is the data processing cycle step where data is stored for future use by the company. d. incorrect - Data processing is the data processing cycle step where stored data is updated with new input data.

    • ACCT 529 - Chapter 2
    • 10 terms
    • Vocabulary for ACCT 529 - Chapter 2. Find, create, and access Acct 529, flashcards with Course Hero.
  • 10 terms

    Term:

    A DFD is a representation of which of he following? a. The logical operations performed by a computer program b. Flow of data in an organization c. Decision rules in a computer program d. Computer hardware configuration

    Definition:

    a. incorrect - This is a description of a program flowchart. b. correct c. incorrect - A DFD is a graphical representation of how data move through an organization. Decision rules are objective statements specific to computer programs. d. incorrect - A computer hardware configuration shows how various parts of a computer fit together.

    • ACCT 529 - Chapter 3
    • 10 terms
    • Vocabulary for ACCT 529 - Chapter 3. Find, create, and access flashcards with Course Hero.
  • 10 terms

    Term:

    The relational data model portrays data as being stored in _________. a. Hierarchies b. Tables c. Objects d. Files

    Definition:

    a. incorrect - A hierarchical database portrays data as being stored in hierarchies. b. correct - the relational data model portrays data as being stored as objects. c. incorrect - An object-oriented database portrays data as being stored in a table or relation format. d. incorrect - The file-based data model portrays data as being stored in files.

    • ACCT 529 - Chapter 4
    • 10 terms
    • Vocabulary for ACCT 529 - Chapter 4. Find, create, and access Acct 529, flashcards with Course Hero.
  • 10 terms

    Term:

    Which of the following is a fraud in which later payments on account are used to pay off earlier payments that were stolen? a. Lapping b. Kiting c. Ponzi scheme d. Salami technique

    Definition:

    a. correct b. incorrect - In a kiting scheme, the perpetrator creates cash by transferring money between banks. c. incorrect - In a Ponzi scheme, money from new investors is used to pay off earlier investors. d. incorrect - The salami technique involves stealing tiny slices of money over a period of time.

    • ACCT 529 - Chapter 5
    • 10 terms
    • Vocabulary for ACCT 529 - Chapter 5. Find, create, and access Acct 529, flashcards with Course Hero.
  • 10 terms

    Term:

    A set of instructions to increase a programmer's pay rate by 10% is hidden inside an authorized program. It changes and updates the payroll file. What is this computer fraud technique called? a. Virus b. Worm c. Trap door d. Trojan horse

    Definition:

    a. incorrect - A virus damages a system using a segment of executable code that attaches itself to software, replicates itself, and spreads to other systems or files. b. incorrect - A worm is a program that hides in a host program and copies and actively transmits itself directly to other systems. c. incorrect - A trap door is entering a system using a back door that bypasses normal system controls. d. correct - Placing unauthorized computer instructions, such as fraudulently increasing an employee's pay, in an authorized and properly functioning program is an example of a Trojan horse.

    • ACCT 529 - Chapter 6
    • 10 terms
    • Vocabulary for ACCT 529 - Chapter 6. Find, create, and access Acct 529, flashcards with Course Hero.

ACCT Courses with Advice

Showing 1 to {[ numOfCoursesWithAdviceToShow ]} of {[ totalNumCoursesWithAdvice ]}

View all
Sort by:
{[$select.selected.label]}

Be the first to share words of wisdom!

You'll get $10 in tutor credits for sharing advice on 3 courses.

Give Advice

Ask a homework question - tutors are online