Test Preparation on Information Technology Test Prep-1

1.

Sequence of events that uses input to produce output :

1Production
2Process
3Transaction
4Grouping

2.

is a prescribed sequence of work steps performed to produce a desired result for organization.

1Business Evaluation
2Business process
3Business Reporting
4Business Environment

3.

Define the correct sequence of Business Process Flow:

i) Journal, ii) Trial Balance, iii) Ledger, iv) Financial Statement, v) Source Document

1(i),(ii),(iii),(iv),(v)
2(iii),(iv),(ii),(v),(i)
3(v),(i),(iii),(ii),(iv)
4(iv),(ii),(iii),(v),(i)

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