30 Questions
What is a potential consequence of offering flexible working arrangements to employees?
Dilution of organisational culture
What is the primary purpose of policies, procedures, and best practices in an organisation?
To ensure effective control over transactions
What type of information is typically included in a company's handbook?
Manual of best practices and procedures
What is a potential advantage of implementing flexible working arrangements?
Increased commitment to the organisation
What is the primary role of transactions in an organisation?
To facilitate the exchange of goods and services
What is a potential challenge of implementing flexible working arrangements?
Difficulties in co-ordinating and controlling staff
What is the primary benefit of an integrated computerized accounting system?
Updating all relevant records with a single entry
Luca Pacioli's contribution to accounting was the development of
The first printed explanation of double-entry bookkeeping
Which of the following is NOT a characteristic of an integrated computerized accounting system?
Reduces the need for double-entry bookkeeping
What is a primary function of an office in supporting commerce and industry?
Providing information to other organisations
What is the primary purpose of double-entry bookkeeping?
To ensure that every transaction is recorded as a debit and a credit
What type of information is typically provided by an office for internal use?
Facts and figures for control purposes
What is an example of an office activity related to the receipt of goods?
Purchasing
What is the definition of a debit in accounting terms?
A record of all money expected to come into an account
What is a potential drawback of a centralized system?
Staff boredom due to lack of variety
What is the primary purpose of an office in relation to records?
To maintain records for future reference
What is the result of processing a sales invoice in an integrated system?
The inventory record and relevant accounts are simultaneously updated
What is the main advantage of decentralizing office procedures?
Clerical work is better done near to the practical work
What is an example of an office activity related to the sale of products or services?
Marketing and selling
What is the primary purpose of an organization chart?
To illustrate the communication flow between departments
What is the primary function of an office in relation to information?
Gathering and processing information
What is a disadvantage of decentralization?
Duplication of services
What factor does not influence the internal arrangements of an organization?
The weather conditions
What is a consequence of rigid procedures in a centralized system?
Difficulty in coping with emergency jobs
What is the primary purpose of exercising control over transactions in a business?
To prevent fraud and errors
What is the primary benefit of computerising an accounting system?
Enhanced decision-making capabilities
What is a file in a computerised accounting system?
A collection of similar records
What is the primary function of a computerised accounting system in relation to transactions?
To automate routine processing of transactions
What is the main effect of computerising the accounting system in terms of information access?
Information is available on demand
What is an example of a transaction that requires effective control in a business?
Receiving goods into store from a supplier
Test your knowledge on the various roles and responsibilities of an office, including information gathering, marketing, and administrative tasks. Learn how an office supports commerce, industry, and public services. Identify the different functions of an office, from managing staff to handling customer payments.
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