WGU D217 AIS STUDY PROCTORED EXAM COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED ANSWERS) |ALREADY GRADED A+2024

WGU D217 AIS STUDY
PROCTORED EXAM COMPLETE
QUESTIONS AND CORRECT
DETAILED ANSWERS WITH
RATIONALES (VERIFIED
ANSWERS) |ALREADY GRADED
A+2024
Which of the following is a problem usually associated with the flat-file approach to data
management? - ANSWERS,data redundancy
Which problem is characteristically associated with the flat-file approach to data management? -
ANSWERS,the inability to determine what data is available
A description of the physical arrangement of records in the database is - ANSWERS,the internal view.
Which of the following may provide many distinct views of the database? - ANSWERS,the user view
The update anomaly in unnormalized tables - ANSWERS,occurs because of data redundancy.
The deletion anomaly in unnormalized tables - ANSWERS,may result in the loss of important data.
Which document triggers the revenue cycle? - ANSWERS,the customer purchase order
Which department is least likely to be involved in the revenue cycle? - ANSWERS,The accounts
payable department is least likely to be involved in the revenue cycle. Accounts payable is charged
with managing the segment of the expenditure cycle that involves payments to vendors and
creditors.
The purpose of the sales invoice is to - ANSWERS,The purpose of the sales invoice is to bill the
customer. The sales invoice will be sent to the customer for payment. At the same time the invoice
will also update inventory, send a journal to the general ledger, and record the sales journal.
Which type of control is considered a compensating control for customer payments? -
ANSWERS,Supervision is a compensating control for customer payments. Compensating controls are
put in place when more effective controls are deemed too difficult or costly to implement.
Supervision is the simplest and most common form of compensating control.
Commercial accounting systems have fully integrated modules. The word "integrated" means that -
ANSWERS,The word "integrated" means that the transfer of information among modules occurs
automatically. In a fully integrated system, the shipping advice will generate the request for invoice
automatically. This eliminates the risk that the invoice request is not processed or is processed for a
different amount.
A copy of the purchase order (PO) is sent to the - ANSWERS,A copy of the purchase order (PO) is sent
to the vendor. The purchase order is the formal document that tells the vendor what material is
needed, at what price, in what quantity and on what date.
The departments involved in the purchasing process are purchasing, receiving, inventory control and
- ANSWERS,The departments involved in the purchasing process are purchasing, receiving, inventory
control and accounts payable. Accounts payable completes the purchasing process by authorizing
and executing the cash disbursement based on a signal from receiving or inventory control.
When a cash disbursement in payment of an accounts payable is recorded - ANSWERS,When a cash
disbursement in payment of an accounts payable is recorded the liability account is decreased. On
the Balance Sheet, accounts payable is a current liability. When a cash disbursement is recorded, the
liability will be reduced.
The greatest risk of misappropriation of funds occurs in - ANSWERS,The greatest risk of
misappropriation of funds occurs in accounts payable. This may take the form of payments for goods
not ordered or received and to vendors that do not exist. The risk can be reduced through
supervision, segregation of duties, independent verification, or automated processes.
In a firm with proper segregation of duties, adequate supervision as a compensating control is still
necessary in - ANSWERS,In a firm with proper segregation of duties, adequate supervision is most
critical in receiving. Every day materials arrive on the receiving dock. Until those receipts are
recorded in the system, they are invisible to anyone but the receivers and their supervisors.
Supervision is a compensating control appropriate before more automated controls take effect.
Scanning technology and automated three-way match are technological controls that reduce risk.