Financial Accounting · Topic 12 quiz

Accounting Information Systems Quiz

Work through 25 multiple-choice questions, one at a time. Submit each answer for feedback. At the end, review your score and see which concepts to revisit.

Previous quizReview the Q&ANext curriculum topic
1. Three-way match uses…
2. Supplier bank change verified through…
3. Audit trail records…
4. Supplier name is usually…
5. Invoice entry and payment approval should be…
6. Missing rows from source count and export count? Source rows: 960. Export rows: 144.
7. Invoice overcharge from billed and approved amounts? Billed: 1080. Approved: 156.
8. Overstatement from original batch and duplicate batch amount? Original batch: 1200. Amount duplicated: 168.
9. Correct batch total after removing a duplicate? Reported batch total: 1320. Duplicate amount: 180.
10. Unreconciled receivables from control balance and subsidiary total? Control balance: 1440. Subsidiary total: 192.
11. Missing rows from source count and export count? Source rows: 1200. Export rows: 168.
12. Invoice overcharge from billed and approved amounts? Billed: 1320. Approved: 180.
13. Overstatement from original batch and duplicate batch amount? Original batch: 1440. Amount duplicated: 192.
14. Correct batch total after removing a duplicate? Reported batch total: 1560. Duplicate amount: 204.
15. Unreconciled receivables from control balance and subsidiary total? Control balance: 1680. Subsidiary total: 216.
16. Missing rows from source count and export count? Source rows: 1440. Export rows: 192.
17. Invoice overcharge from billed and approved amounts? Billed: 1560. Approved: 204.
18. Overstatement from original batch and duplicate batch amount? Original batch: 1680. Amount duplicated: 216.
19. Correct batch total after removing a duplicate? Reported batch total: 1800. Duplicate amount: 228.
20. Unreconciled receivables from control balance and subsidiary total? Control balance: 1920. Subsidiary total: 240.
21. Missing rows from source count and export count? Source rows: 1680. Export rows: 216.
22. Invoice overcharge from billed and approved amounts? Billed: 1800. Approved: 228.
23. Overstatement from original batch and duplicate batch amount? Original batch: 1920. Amount duplicated: 240.
24. Correct batch total after removing a duplicate? Reported batch total: 2040. Duplicate amount: 252.
25. Unreconciled receivables from control balance and subsidiary total? Control balance: 2160. Subsidiary total: 264.
Show the answer key
  1. Order, receiving record and invoice The correct choice is Order, receiving record and invoice.
  2. Trusted existing contact The correct choice is Trusted existing contact.
  3. Who did what and when The correct choice is Who did what and when.
  4. Master data The correct choice is Master data.
  5. Separated where practical The correct choice is Separated where practical.
  6. 816 Reconcile the extract count to the source before testing.
  7. 924 Compare the invoice with the approved order and receiving evidence.
  8. 168 The duplicated batch is the excess amount.
  9. 1140 Remove the duplicate once.
  10. 1248 Investigate the difference before posting an adjustment.
  11. 1032 Reconcile the extract count to the source before testing.
  12. 1140 Compare the invoice with the approved order and receiving evidence.
  13. 192 The duplicated batch is the excess amount.
  14. 1356 Remove the duplicate once.
  15. 1464 Investigate the difference before posting an adjustment.
  16. 1248 Reconcile the extract count to the source before testing.
  17. 1356 Compare the invoice with the approved order and receiving evidence.
  18. 216 The duplicated batch is the excess amount.
  19. 1572 Remove the duplicate once.
  20. 1680 Investigate the difference before posting an adjustment.
  21. 1464 Reconcile the extract count to the source before testing.
  22. 1572 Compare the invoice with the approved order and receiving evidence.
  23. 240 The duplicated batch is the excess amount.
  24. 1788 Remove the duplicate once.
  25. 1896 Investigate the difference before posting an adjustment.