1. Question 1 Which of the following is best described as a meaningless total? (a) Check digit (b) Limit check (c) Hash total (d) Record count (e) Quantity total

2. Question 2 All of the following would be recurring adjusting entries EXCEPT (a) Record straight-line depreciation on office equipment; the equipment will be fully depreciated in two years. (b) Record sum-of-the-years'-digits depreciation on buildings. (c) Record insurance premiums expired; the policy was purchased three years ago. (d) Record physical inventory overages/shortages; a physical inventory is taken once per year. (e) Record amortization of discount on bonds payable; the bonds mature next year.

3. Question 3 Everything that surrounds a system would be called the system’s (a) Interface (b) External Entities (c) Environment (d) Boundary (e) Data Flow Diagram

4. Question 4 Which of the following statements is CORRECT? (a) Invoices are to recording payables as packing slips are to receiving goods. (b) The only file in the GL/FR system is the inventory master file. (c) The accounts payable master file would show, in chronological sequence, the details of each payment that the company has made. (d) The voucher that represents an authorization to make a payment is called a journal voucher. (e) The inventory master file usually serves as a tickler file for both the purchasing and receiving departments.