All.Chapters.Included.⬛
. . ⬛
. . ⬛
All.Answers.Included.⬛
.⬛
.⬛
.
TEST. BANK. FOR
Accounting.Information.Systems,.Global.Edition.15th.Edition
Chapter.1. Accounting.Information.Systems:.An.Overview
1.1 Distinguish.data.from.information,.discuss.the.characteristics.of.useful.information,.and.ex
plain.how.to.determine.the.value.of.information.
1) Which.of.the.following.statements.below.shows.the.contrast.between.data.and.inf
ormation?
A) Data.is.the.output.of.an.AIS.
B) Information.is.the.primary.output.of.an.AIS.
C) Data.is.more.useful.in.decision.making.than.information.
D) Data.and.information.are.the.same.
Answer:. B
2) Information.is.best.described.as
A) raw.facts.about.transactions.
B) data.that.has.been.organized.and.processed.so.that.it.is.meaningful.to.the.user.
C) facts.that.are.useful.when.processed.in.a.timely.manner.
D) the.same.thing.as.data.
Answer:. B
3) The.value.of.information.can.best.be.determined.by
A) its.usefulness.to.decision.makers.
B) its.relevance.to.decision.makers.
C) the.benefits.associated.with.obtaining.the.information.minus.the.cost.of.producing.it.
D) the.extent.to.which.it.optimizes.the.value.chain.
Answer:. C
4) An.accounting.information.system.(AIS).processes. to.provide.users.with
.
A) data;.information
B) data;.transactions
C) information;.data
D) data;.benefits.
Answer:. A
5) information.reduces.uncertainty,.improves.decision.makers'.ability.to.make.pr
edictions,.or.confirms.expectations.
A) Timely
,B) Reliable
C) Relevant
D) Complete
Answer:. C
.
6) Information.that.is.free.from.error.or.bias.and.accurately.represents.the.events.or.activities.of.t
he.organization.is
A) relevant.
B) reliable./.Faithful.Representation.
C) verifiable.
D) timely.
Answer:. B
7) Information.that.does.not.omit.important.aspects.of.the.underlying.events.or.activities.tha
t.it.measures.is
A) complete.
B) accessible.
C) relevant.
D) timely.
Answer:. A
8) Information.is.
when.two.knowledgeable.people.independently.produce.the.same.information.
A) verifiable
B) relevant
C) reliable
D) complete
Answer:. A
.
9) Data.must.be.converted.into.information.to.be.considered.useful.and.meaningful.for.decisi
on.making..There.are.six.characteristics.that.make.information.both.useful.and.meaningful..If.i
nformation.is.free.from.error.or.bias.and.accurately.represents.the.events.or.activities.of.the.or
ganization,.it.is.representative.of.the.characteristic.of
A) relevancy.
B) timeliness.
C) understandability.
D) reliability.
All Chapters⬛⬛
. ⬛A.. . .
ll Answers ⬛
. ⬛⬛. . . .
,Answer:. D
10) Inventory.information.is.provided.in.real.time.by.a.firm's.accounting.information.system..Th
e.accuracy.of.this.information.is.questionable,.however,.since.the.production.manager.often.re
ports.stock.outs.of.components.that.the.system.indicates.are.in.stock..Which.of.the.following.ch
aracteristics.of.useful.information.is.absent.in.the.situation.described.above?
A) relevant
B) reliable
C) complete
D) timely
E) understandable
F) verifiable
G) accessible
Answer:. B
.
11) Cheryl.Metrejean.has.been.the.controller.of.Downtown.Tires.for.25.years..Ownership.of.the.
firm.recently.changed.hands.and.the.new.owners.are.conducting.an.audit.of.the.financial.records
..The.audit.has.been.unable.to.reproduce.financial.reports.that.were.prepared.by.Ms..Metrejean..
While.there.is.no.evidence.of.wrongdoing,.the.auditors.are.concerned.that.the.discrepancies.mi
ght.contribute.to.poor.decisions..Which.of.the.following.characteristics.of.useful.information.is.
absent.in.the.situation.described.above?
A) relevant
B) reliable
C) complete
D) timely
E) understandable
F) verifiable
G) accessible
Answer:. F
.
12) In.2003,.Singh.Manufacturing.implemented.a.Web-
based.information.system.that.allows.all.employees.to.access.mission-
critical.information..The.intention.was.to.increase.production.efficiency..Unfortunately,.it.had.th
e.opposite.effect,.as.deliveries.fell.behind.schedule.and.costs.increased..Shaman.Gupta,.the.direc
tor.of.information.technology.services,.asked.Ashlee.Wells.to.come.in.and.talk.with.him.about.th
e.system..Ashlee.is.a.long-
time.employee.of.Singh,.and.her.opinion.is.valued.by.her.peers.and.by.her.supervisor.
"So.Ashlee,.how's.it.going.down.there.in.the.shop?"
"Not.so.good,.Shaman..Used.to.be.we.got.a.weekly.pick.list.so.we.knew.how.to.plan.production..No
w,.we.got.that.computer.system..Most.of.us.can't.figure.out.how.to.use.it.to.do.our.jobs..Is.there.some
.way.to.print.out.a.pick.list?"
, Shaman.thought.for.a.while.before.responding.."Well,.Ashlee,.to.tell.you.the.truth,.I'm.not.so.sure
.how.to.do.it.myself,.but.there.must.be.a.way..We'll.bring.in.the.consultants.that.helped.us.build.t
he.system..Maybe.they.can.help."
Which.of.the.following.characteristics.of.useful.information.is.absent.in.the.situation.described.a
bove?
A) relevant
B) reliable
C) complete
D) timely
E) understandable
F) verifiable
G) accessible
Answer:. E
.
13) Wisconsin.Dells,.Wisconsin,.is.a.popular.tourist.destination..During.the.winter.months,.the.
population.dwindles.to.a.meager.few,.but.when.summer.comes,.the.size.of.the.town.surges..Hu
nter.Jackson.is.the.town.sanitation.engineer..When.the.size.of.the.town.surges,.so.do.his.respons
ibilities..Among.them.is.management.of.the.sewage.processing.volume.
In.an.interview.with.the.local.paper,.Hunter.complained.that.a.report.on.tourist.population.that.h
e.uses.to.adjust.processing.volume.refers.to.data.that.was.collected.four.days.ago.and.it.takes.him.a
.week.to.make.adjustments..Which.of.the.following.characteristics.of.useful.information.is.absen
t.in.the.situation.described.above?
A) relevant
B) reliable
C) complete
D) timely
E) understandable
F) verifiable
G) accessible
Answer:. D
.
14) A.frantic.Barney.Rubble.lost.a.large.sale.because.he.could.not.access.the.system.to.verify.the.i
nventory.was.in.stock.and.ready.to.be.shipped..Which.of.the.following.characteristics.of.useful.in
formation.is.absent.in.the.situation.described.above?
A) relevant
B) reliable
C) complete
D) timely
E) understandable
F) verifiable
. . ⬛
. . ⬛
All.Answers.Included.⬛
.⬛
.⬛
.
TEST. BANK. FOR
Accounting.Information.Systems,.Global.Edition.15th.Edition
Chapter.1. Accounting.Information.Systems:.An.Overview
1.1 Distinguish.data.from.information,.discuss.the.characteristics.of.useful.information,.and.ex
plain.how.to.determine.the.value.of.information.
1) Which.of.the.following.statements.below.shows.the.contrast.between.data.and.inf
ormation?
A) Data.is.the.output.of.an.AIS.
B) Information.is.the.primary.output.of.an.AIS.
C) Data.is.more.useful.in.decision.making.than.information.
D) Data.and.information.are.the.same.
Answer:. B
2) Information.is.best.described.as
A) raw.facts.about.transactions.
B) data.that.has.been.organized.and.processed.so.that.it.is.meaningful.to.the.user.
C) facts.that.are.useful.when.processed.in.a.timely.manner.
D) the.same.thing.as.data.
Answer:. B
3) The.value.of.information.can.best.be.determined.by
A) its.usefulness.to.decision.makers.
B) its.relevance.to.decision.makers.
C) the.benefits.associated.with.obtaining.the.information.minus.the.cost.of.producing.it.
D) the.extent.to.which.it.optimizes.the.value.chain.
Answer:. C
4) An.accounting.information.system.(AIS).processes. to.provide.users.with
.
A) data;.information
B) data;.transactions
C) information;.data
D) data;.benefits.
Answer:. A
5) information.reduces.uncertainty,.improves.decision.makers'.ability.to.make.pr
edictions,.or.confirms.expectations.
A) Timely
,B) Reliable
C) Relevant
D) Complete
Answer:. C
.
6) Information.that.is.free.from.error.or.bias.and.accurately.represents.the.events.or.activities.of.t
he.organization.is
A) relevant.
B) reliable./.Faithful.Representation.
C) verifiable.
D) timely.
Answer:. B
7) Information.that.does.not.omit.important.aspects.of.the.underlying.events.or.activities.tha
t.it.measures.is
A) complete.
B) accessible.
C) relevant.
D) timely.
Answer:. A
8) Information.is.
when.two.knowledgeable.people.independently.produce.the.same.information.
A) verifiable
B) relevant
C) reliable
D) complete
Answer:. A
.
9) Data.must.be.converted.into.information.to.be.considered.useful.and.meaningful.for.decisi
on.making..There.are.six.characteristics.that.make.information.both.useful.and.meaningful..If.i
nformation.is.free.from.error.or.bias.and.accurately.represents.the.events.or.activities.of.the.or
ganization,.it.is.representative.of.the.characteristic.of
A) relevancy.
B) timeliness.
C) understandability.
D) reliability.
All Chapters⬛⬛
. ⬛A.. . .
ll Answers ⬛
. ⬛⬛. . . .
,Answer:. D
10) Inventory.information.is.provided.in.real.time.by.a.firm's.accounting.information.system..Th
e.accuracy.of.this.information.is.questionable,.however,.since.the.production.manager.often.re
ports.stock.outs.of.components.that.the.system.indicates.are.in.stock..Which.of.the.following.ch
aracteristics.of.useful.information.is.absent.in.the.situation.described.above?
A) relevant
B) reliable
C) complete
D) timely
E) understandable
F) verifiable
G) accessible
Answer:. B
.
11) Cheryl.Metrejean.has.been.the.controller.of.Downtown.Tires.for.25.years..Ownership.of.the.
firm.recently.changed.hands.and.the.new.owners.are.conducting.an.audit.of.the.financial.records
..The.audit.has.been.unable.to.reproduce.financial.reports.that.were.prepared.by.Ms..Metrejean..
While.there.is.no.evidence.of.wrongdoing,.the.auditors.are.concerned.that.the.discrepancies.mi
ght.contribute.to.poor.decisions..Which.of.the.following.characteristics.of.useful.information.is.
absent.in.the.situation.described.above?
A) relevant
B) reliable
C) complete
D) timely
E) understandable
F) verifiable
G) accessible
Answer:. F
.
12) In.2003,.Singh.Manufacturing.implemented.a.Web-
based.information.system.that.allows.all.employees.to.access.mission-
critical.information..The.intention.was.to.increase.production.efficiency..Unfortunately,.it.had.th
e.opposite.effect,.as.deliveries.fell.behind.schedule.and.costs.increased..Shaman.Gupta,.the.direc
tor.of.information.technology.services,.asked.Ashlee.Wells.to.come.in.and.talk.with.him.about.th
e.system..Ashlee.is.a.long-
time.employee.of.Singh,.and.her.opinion.is.valued.by.her.peers.and.by.her.supervisor.
"So.Ashlee,.how's.it.going.down.there.in.the.shop?"
"Not.so.good,.Shaman..Used.to.be.we.got.a.weekly.pick.list.so.we.knew.how.to.plan.production..No
w,.we.got.that.computer.system..Most.of.us.can't.figure.out.how.to.use.it.to.do.our.jobs..Is.there.some
.way.to.print.out.a.pick.list?"
, Shaman.thought.for.a.while.before.responding.."Well,.Ashlee,.to.tell.you.the.truth,.I'm.not.so.sure
.how.to.do.it.myself,.but.there.must.be.a.way..We'll.bring.in.the.consultants.that.helped.us.build.t
he.system..Maybe.they.can.help."
Which.of.the.following.characteristics.of.useful.information.is.absent.in.the.situation.described.a
bove?
A) relevant
B) reliable
C) complete
D) timely
E) understandable
F) verifiable
G) accessible
Answer:. E
.
13) Wisconsin.Dells,.Wisconsin,.is.a.popular.tourist.destination..During.the.winter.months,.the.
population.dwindles.to.a.meager.few,.but.when.summer.comes,.the.size.of.the.town.surges..Hu
nter.Jackson.is.the.town.sanitation.engineer..When.the.size.of.the.town.surges,.so.do.his.respons
ibilities..Among.them.is.management.of.the.sewage.processing.volume.
In.an.interview.with.the.local.paper,.Hunter.complained.that.a.report.on.tourist.population.that.h
e.uses.to.adjust.processing.volume.refers.to.data.that.was.collected.four.days.ago.and.it.takes.him.a
.week.to.make.adjustments..Which.of.the.following.characteristics.of.useful.information.is.absen
t.in.the.situation.described.above?
A) relevant
B) reliable
C) complete
D) timely
E) understandable
F) verifiable
G) accessible
Answer:. D
.
14) A.frantic.Barney.Rubble.lost.a.large.sale.because.he.could.not.access.the.system.to.verify.the.i
nventory.was.in.stock.and.ready.to.be.shipped..Which.of.the.following.characteristics.of.useful.in
formation.is.absent.in.the.situation.described.above?
A) relevant
B) reliable
C) complete
D) timely
E) understandable
F) verifiable
