Recent Lessons

Show all results for ""

Feature Overview

Ace your exams with our all-in-one platform for creating and sharing quizzes and tests.

Quizzes

Create quizzes and tests automatically from your content using AI.

Flashcards

Automatically turn your notes into digital flashcards.

Share, Export & Embed

Share with classmates or export to Excel and your learning management system.

Stats & Reporting

Auto-grading quizzes and tests with detailed stats and reports.

Mobile Apps

The smarter way to study – wherever you are.

Pricing

Search...

GLS Database and General Ledger Accounting Quiz

12 Questions

0 Views

GLS Database and General Ledger Accounting Quiz

Choose a study mode

Play Quiz

Study Flashcards

Spaced Repetition

Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is one advantage of using XML in database technology?

Facilitates immediate update and reconciliation of information

Supports hypertext links to other documents on the Web

Allows for the creation of markup languages in relational form (correct)

Enables detailed journal voucher listings and account activity reports

Which language is used to standardize methods for preparing, publishing, and exchanging financial information like financial statements?

Sarbanes-Oxley

HTML

XML

XBRL (correct)

What is the role of the G/L department in accounting records?

Limits database access to authorized individuals

Creates markup languages for relational databases

Manages hypertext links in accounting reports

Reconciles journal vouchers and summaries (correct)

What is the primary function of the general ledger change report?

Describes the effects of journal voucher postings on G/L accounts Signup and view all the answers

How does XBRL speed up the process of reporting financial information?

By allowing consumers to import documents into analysis tools Signup and view all the answers

What does HTML primarily define in the context of web pages?

Format used to produce web pages Signup and view all the answers

What is the purpose of the general ledger history file?

To provide comparative financial support Signup and view all the answers

Which of the following is considered a potential risk in the GL/FRS system?

Unauthorized access to the G/L Signup and view all the answers

What control issue is related to segregation of duties in the GL/FRS system?

G/L clerks should not prepare journal vouchers Signup and view all the answers

Which report would provide an analysis of sales in the GLS Reports section?

Listing of transactions Signup and view all the answers

What is the purpose of the budget master file in the GLS Database?

To store budget data by responsibility centers Signup and view all the answers

Which risk is associated with lost or damaged data in the GL/FRS system?

Account balances become incorrect Signup and view all the answers