When Preparing a Checklist of Specific Tasks to Observe and Questions

question 40

Multiple Choice

When preparing a checklist of specific tasks to observe and questions to ask, a systems analyst should consider ____.

• A)asking sufficient questions to ensure a complete understanding of the present system operation
• B)observing all steps in a transaction and noting the documents, inputs, outputs, and processes involved
• C)talking to the people who receive current reports to see whether the reports are complete, timely, accurate, and in a useful form
• D)examining each form, record, and report

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Definitions:

Inventory Items

These are goods and materials held by a business for the purpose of resale or as inputs in the production process.

Net Sales

The revenue from sales transactions after deducting returns, allowances for damaged or missing goods, and discounts.

Multiple-Step

A method of preparing an income statement that separates operating revenues and expenses from non-operating ones, showing multiple levels of income calculation.

Single-Step

Single-step is a simplified method of preparing income statements that calculates net income or loss by subtracting total expenses from total revenues in one step.