g
UYTREWg
TESTgBANKgFORg
AccountinggInformationgSystems,g4thgEditiongbygVernongRichardsong
g
g
g
g AnswersgIncludedg
Chapg01g4egRichardsong
1) AccountinggandgFinancegisgagprimarygactivitygingthegvaluegchain.g
⊚gtrueg
⊚gfalseg
g
g
2) Asgofgtoday,gAccountinggInformationgSystemsgaregallgcomputerized.g
⊚gtrueg
⊚gfalseg
g
g
3) Businessgvaluegincludesgallgthosegitems,geventsgandginteractionsgthatgdeterminegthegfinancial
ghealthgandgwell-beinggofgthegfirm.g
⊚gtrueg
⊚gfalseg
g
g
4) ThegCertifiedgInformationgTechnologygProfessionalg(CITP)gisgagprofessionalgdesignationgfor
gthosegwithgagbroadgrangegofgtechnologygknowledgegandgdoesgnotgrequiregagCPA.g
⊚gtrueg
⊚gfalseg
g
g
5) ThegCertifiedgInformationgSystemsgAuditorg(CISA)gisgagprofessionalgdesignationggenerallyg
soughtgbygthosegperforminggITgaudits.g
⊚gtrueg
⊚gfalseg
g
g
6) Informationgisgdefinedgasgbeinggdatagorganizedgingagmeaningfulgwaygthatgisgusefulgtogtheguse
r.g
⊚gtrueg
⊚gfalseg
g
g
7) Datagisgdefinedgasgbeingginformationgorganizedgingagmeaningfulgwaygthatgisgusefulgtogthegus
er.g
⊚gtrueg
⊚gfalseg
g
YTREWSg
,g
UYTREWg
gg
8) AngAISgmaygcreategvaluegbyggivinggaccessgtogmanagementginformationgrelevantgtogthegdecis
iongmakers.g
⊚gtrueg
⊚gfalseg
g
g
9) AngAISgmaygcreategvaluegbygprovidingganginternalgcontrolgstructuregneededgtogmakegsuregth
eginformationgisgsecure,greliable,gandgfreegfromgerror.g
⊚gtrueg
⊚gfalseg
g
g
10) Relevantginformation’sgmostgdefininggcharacteristicgisgthatgitgisgfreegfromgbiasgandgerror.g
⊚gtrueg
⊚gfalseg
g
g
11) Thegcharacteristicsgofgrelevantginformationgincludegpredictivegvalue,gfeedbackgvaluegandg
timeliness.g
⊚gtrueg
⊚gfalseg
g
g
12) Agfaithfulgrepresentationgofgthegunderlyinggeventgshouldgreflectgthegbiasgofgthegsystemganaly
st.g
⊚gtrueg
⊚gfalseg
g
g
13) Informationgoverloadgisgdefinedgasgthegdifficultygagpersongfacesgingunderstandinggagproblemg
andgmakinggagdecisiongasgagconsequencegofgtoogmuchginformation.g
⊚gtrueg
⊚gfalseg
g
g
14) ThegmaingfinancialgbenefitgofgCustomergRelationshipgManagementgpracticesgreducesgthegco
stgofggoodsgsold.g
⊚gtrueg
⊚gfalseg
15) AngefficientgEnterprisegSystemgcangsignificantlyglowergthegcostgofgsupportgprocessesginclud
edgingsales,ggeneral,gandgadministrativegexpenses.g
⊚gtrueg
⊚gfalseg
g
YTREWSg
,g
UYTREWg
g g
g
g
16) Angaccountingginformationgsystemg(AIS)gisgdefinedgasgbeingganginformationgsystemgthatgrec
ords,gprocessesgandgreportsgongtransactionsgtogprovidegfinancialgandgnonfinancialginformatio
ngforgdecisiongmakinggandgcontrol.g
⊚gtrueg
⊚gfalseg
g
g
17) Angenterprisegsystemgisgagcentralizedgdatabasegthatgcollectsgdatagfromgthroughoutgthegfirm.g
Thisgincludesgdatagfromgorders,gcustomers,gsales,ginventorygandgemployees.g
⊚gtrueg
⊚gfalseg
g
g
18) Outboundglogisticsgaregthegactivitiesgassociatedgwithgreceivinggandgstoringgrawgmaterialsgasg
wellgasgactivitiesgthatgtransformgtheseginputsgintogfinishedggoods.g
⊚gtrueg
⊚gfalseg
g
g
19) ServicegActivitiesgasgdefinedgingthegvaluegchaingaregthosegactivitiesgthatgprovidegthegsupportg
ofgcustomersgaftergthegproductsgandgservicesgaregsoldgtogthemg(e.g.gwarrantygrepairs,gparts,gi
nstructiongmanuals,getc.).g
⊚gtrueg
⊚gfalseg
g
g
20) Agwell-designedgandgwell-
functioninggAISgcangbegexpectedgtogcreategvaluegbygprovidinggrelevantginformationghelpfulgt
ogmanagementgtogincreasegrevenuesgandgreducegexpenses.g
⊚gtrueg
⊚gfalseg
21) Productiongofgag1040gtaxgformgfromgthegAISgtogbegdeliveredgtogthegInternalgRevenuegServic
egisgangexamplegofgdiscretionaryginformation.g
⊚gtrueg
⊚gfalseg
g
g
22) EnterprisegSystemsgdognotgexistgtogfacilitategdecisiongmaking.g
⊚gtrueg
⊚gfalseg
g
g
g
YTREWSg
, g
UYTREWg
gg
23) ThegSarbanes-
OxleygActgofg2002gisgagfederalglawgingthegUnitedgStatesgthatgsetgnewgandgenhancedgstandard
sgforgallgU.S.gpublicgcompanies,gtheirgmanagementgandgpublicgaccountingg
firms.g
⊚gtrueg
⊚gfalseg
g
g
24) CRMgsoftwaregoftengincludesgthegusegofgdatabasegmarketinggtoolsgtoglearngmoregaboutgthegc
ustomersgandgtogdevelopgstronggfirm-to-customergrelationships.g
⊚gtrueg
⊚gfalseg
g
g
25) ThegCertifiedgInformationgTechnologygProfessionalgisgthegpositiongcreatedgbygthegAICPAgto
grecognizegCPAsgwhoghavegthegabilitygtogprovidegskilledgprofessionalgservicesgongInformati
ong
Technology.g
⊚gtrueg
⊚gfalseg
g
g
26) AccountinggInformationgSystemsgwhichgaregcomputerizedgdognotgneedgtogmaintainginternalg
controls.g
⊚gtrueg
⊚gfalseg
27) Accountingginformationgsystems:g
A) Aregalwaysgcomputerized.g
B) Reportgonlygaccountingginformation.g
C) Includegrecords,gprocessesgandgreports.gD)gAregforgcomputerggames.g
g
g
28) Whichgofgthegfollowinggisgnotgangattributegofgusefulginformation?g
A) Bias.g
B) Feedbackgvalue.g
C) Predictivegvalue.gD)gVerifiability.g
g
g
29) Whichgofgthegfollowinggaregconsideredgtogbegmandatoryginformationgrequiredgbygagregulator
yg
body?g
A) FinancialgreportsgforgthegSecuritiesgandgExchangegCommission.g
g
YTREWSg
UYTREWg
TESTgBANKgFORg
AccountinggInformationgSystems,g4thgEditiongbygVernongRichardsong
g
g
g
g AnswersgIncludedg
Chapg01g4egRichardsong
1) AccountinggandgFinancegisgagprimarygactivitygingthegvaluegchain.g
⊚gtrueg
⊚gfalseg
g
g
2) Asgofgtoday,gAccountinggInformationgSystemsgaregallgcomputerized.g
⊚gtrueg
⊚gfalseg
g
g
3) Businessgvaluegincludesgallgthosegitems,geventsgandginteractionsgthatgdeterminegthegfinancial
ghealthgandgwell-beinggofgthegfirm.g
⊚gtrueg
⊚gfalseg
g
g
4) ThegCertifiedgInformationgTechnologygProfessionalg(CITP)gisgagprofessionalgdesignationgfor
gthosegwithgagbroadgrangegofgtechnologygknowledgegandgdoesgnotgrequiregagCPA.g
⊚gtrueg
⊚gfalseg
g
g
5) ThegCertifiedgInformationgSystemsgAuditorg(CISA)gisgagprofessionalgdesignationggenerallyg
soughtgbygthosegperforminggITgaudits.g
⊚gtrueg
⊚gfalseg
g
g
6) Informationgisgdefinedgasgbeinggdatagorganizedgingagmeaningfulgwaygthatgisgusefulgtogtheguse
r.g
⊚gtrueg
⊚gfalseg
g
g
7) Datagisgdefinedgasgbeingginformationgorganizedgingagmeaningfulgwaygthatgisgusefulgtogthegus
er.g
⊚gtrueg
⊚gfalseg
g
YTREWSg
,g
UYTREWg
gg
8) AngAISgmaygcreategvaluegbyggivinggaccessgtogmanagementginformationgrelevantgtogthegdecis
iongmakers.g
⊚gtrueg
⊚gfalseg
g
g
9) AngAISgmaygcreategvaluegbygprovidingganginternalgcontrolgstructuregneededgtogmakegsuregth
eginformationgisgsecure,greliable,gandgfreegfromgerror.g
⊚gtrueg
⊚gfalseg
g
g
10) Relevantginformation’sgmostgdefininggcharacteristicgisgthatgitgisgfreegfromgbiasgandgerror.g
⊚gtrueg
⊚gfalseg
g
g
11) Thegcharacteristicsgofgrelevantginformationgincludegpredictivegvalue,gfeedbackgvaluegandg
timeliness.g
⊚gtrueg
⊚gfalseg
g
g
12) Agfaithfulgrepresentationgofgthegunderlyinggeventgshouldgreflectgthegbiasgofgthegsystemganaly
st.g
⊚gtrueg
⊚gfalseg
g
g
13) Informationgoverloadgisgdefinedgasgthegdifficultygagpersongfacesgingunderstandinggagproblemg
andgmakinggagdecisiongasgagconsequencegofgtoogmuchginformation.g
⊚gtrueg
⊚gfalseg
g
g
14) ThegmaingfinancialgbenefitgofgCustomergRelationshipgManagementgpracticesgreducesgthegco
stgofggoodsgsold.g
⊚gtrueg
⊚gfalseg
15) AngefficientgEnterprisegSystemgcangsignificantlyglowergthegcostgofgsupportgprocessesginclud
edgingsales,ggeneral,gandgadministrativegexpenses.g
⊚gtrueg
⊚gfalseg
g
YTREWSg
,g
UYTREWg
g g
g
g
16) Angaccountingginformationgsystemg(AIS)gisgdefinedgasgbeingganginformationgsystemgthatgrec
ords,gprocessesgandgreportsgongtransactionsgtogprovidegfinancialgandgnonfinancialginformatio
ngforgdecisiongmakinggandgcontrol.g
⊚gtrueg
⊚gfalseg
g
g
17) Angenterprisegsystemgisgagcentralizedgdatabasegthatgcollectsgdatagfromgthroughoutgthegfirm.g
Thisgincludesgdatagfromgorders,gcustomers,gsales,ginventorygandgemployees.g
⊚gtrueg
⊚gfalseg
g
g
18) Outboundglogisticsgaregthegactivitiesgassociatedgwithgreceivinggandgstoringgrawgmaterialsgasg
wellgasgactivitiesgthatgtransformgtheseginputsgintogfinishedggoods.g
⊚gtrueg
⊚gfalseg
g
g
19) ServicegActivitiesgasgdefinedgingthegvaluegchaingaregthosegactivitiesgthatgprovidegthegsupportg
ofgcustomersgaftergthegproductsgandgservicesgaregsoldgtogthemg(e.g.gwarrantygrepairs,gparts,gi
nstructiongmanuals,getc.).g
⊚gtrueg
⊚gfalseg
g
g
20) Agwell-designedgandgwell-
functioninggAISgcangbegexpectedgtogcreategvaluegbygprovidinggrelevantginformationghelpfulgt
ogmanagementgtogincreasegrevenuesgandgreducegexpenses.g
⊚gtrueg
⊚gfalseg
21) Productiongofgag1040gtaxgformgfromgthegAISgtogbegdeliveredgtogthegInternalgRevenuegServic
egisgangexamplegofgdiscretionaryginformation.g
⊚gtrueg
⊚gfalseg
g
g
22) EnterprisegSystemsgdognotgexistgtogfacilitategdecisiongmaking.g
⊚gtrueg
⊚gfalseg
g
g
g
YTREWSg
, g
UYTREWg
gg
23) ThegSarbanes-
OxleygActgofg2002gisgagfederalglawgingthegUnitedgStatesgthatgsetgnewgandgenhancedgstandard
sgforgallgU.S.gpublicgcompanies,gtheirgmanagementgandgpublicgaccountingg
firms.g
⊚gtrueg
⊚gfalseg
g
g
24) CRMgsoftwaregoftengincludesgthegusegofgdatabasegmarketinggtoolsgtoglearngmoregaboutgthegc
ustomersgandgtogdevelopgstronggfirm-to-customergrelationships.g
⊚gtrueg
⊚gfalseg
g
g
25) ThegCertifiedgInformationgTechnologygProfessionalgisgthegpositiongcreatedgbygthegAICPAgto
grecognizegCPAsgwhoghavegthegabilitygtogprovidegskilledgprofessionalgservicesgongInformati
ong
Technology.g
⊚gtrueg
⊚gfalseg
g
g
26) AccountinggInformationgSystemsgwhichgaregcomputerizedgdognotgneedgtogmaintainginternalg
controls.g
⊚gtrueg
⊚gfalseg
27) Accountingginformationgsystems:g
A) Aregalwaysgcomputerized.g
B) Reportgonlygaccountingginformation.g
C) Includegrecords,gprocessesgandgreports.gD)gAregforgcomputerggames.g
g
g
28) Whichgofgthegfollowinggisgnotgangattributegofgusefulginformation?g
A) Bias.g
B) Feedbackgvalue.g
C) Predictivegvalue.gD)gVerifiability.g
g
g
29) Whichgofgthegfollowinggaregconsideredgtogbegmandatoryginformationgrequiredgbygagregulator
yg
body?g
A) FinancialgreportsgforgthegSecuritiesgandgExchangegCommission.g
g
YTREWSg
