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Computerized Accounting Business Information Systems Chapter One

12 Questions

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Computerized Accounting Business Information Systems Chapter One

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Questions and Answers

Which of the following best describes the capabilities of a computer system?

Incapable of performing complex calculations

Dependent on human intervention for processing information

Capable of storing and processing large amounts of data quickly and accurately (correct)

Limited to performing only one task at a time

What is a key advantage of a computerized accounting system over manual accounting?

Higher chances of errors due to human intervention

Limited storage capacity for financial data

Automation of repetitive tasks leading to increased efficiency and reduced errors (correct)

Inability to generate financial reports

What type of architecture does an Integrated Enterprise System use?

Three-Tier architecture (correct)

Four-Tier architecture

Single-layer architecture

Two-Tier architecture

Which of the following is a limitation of a computer system?

Vulnerability to cyber attacks and security threats Signup and view all the answers

What is the main reason for the failure of many ERP implementations?

Lack of user training and support Signup and view all the answers

What does Computerized Accounting System offer that manual accounting cannot?

Access to real-time financial information Signup and view all the answers

Which of the following is a key characteristic of an Integrated Enterprise System?

Centralized data storage and processing Signup and view all the answers

What is a major challenge associated with an Integrated Enterprise System?

High implementation and maintenance costs Signup and view all the answers

Which of the following best describes the benefits of an Integrated Enterprise System?

Improved cross-functional integration Signup and view all the answers

What does a Three-Tier Architecture in an Integrated Enterprise System refer to?

A system with separate presentation, application, and data layers Signup and view all the answers

What is a significant reason for the failure of many ERP implementations?

Inadequate employee training and resistance to change Signup and view all the answers

What is a distinguishing feature of Computerized Accounting System compared to manual accounting?

Real-time access to financial data Signup and view all the answers