Test Bank For Accounting Information
Systems 16th Edition Chapters 1-24
Isbn-9780138114411 || Complete A+ Guide
When the AIS provides information in a timely and accurate manner, it stands as an example of
Question options:
A) improved decision making.
B) improving the quality and reducing the costs of products or services.
C) improving efficiency.
D) All of these - answer-D
The value chain concept is composed of two types of activities known as
Question options:
A) primary and support.
B) primary and secondary.
C) support and value.
1
,D) technology and support. - answer-A
Before a firm can identify the information needed to effectively manage a process, the firm
must
Question options:
A) understand the process.
B) hire programmers.
C) purchase computers and/or workstations.
D) obtain internet access. - answer-A
An AIS provides value by
Question options:
A) improving products or services through information that increases quality and reduces costs.
B) providing timely and reliable information to decision makers.
C) creating new products.
D) both improving products or services through information that increases quality and reduces
2
, costs and providing timely and reliable information to decision makers - answer-D
The American Institute of Certified Public Accountants (AICPA) has recognized the importance
of AIS and the major impact information technology has on the area of accounting. To recognize
individual CPAs who have met educational and experiential requirements in this area, the group
formally created the designation known as
Question options:
A) the Certified Information Auditor.
B) the Certified Internal Auditor.
C) the Certified Information Technology Professional.
D) the Certified Data Processing Professional. - answer-C
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 might contribute to poor decisions. Which of the following characteristics of
useful information is absent in the situation described above?
Question options:
A) relevant
B) reliable
3
Systems 16th Edition Chapters 1-24
Isbn-9780138114411 || Complete A+ Guide
When the AIS provides information in a timely and accurate manner, it stands as an example of
Question options:
A) improved decision making.
B) improving the quality and reducing the costs of products or services.
C) improving efficiency.
D) All of these - answer-D
The value chain concept is composed of two types of activities known as
Question options:
A) primary and support.
B) primary and secondary.
C) support and value.
1
,D) technology and support. - answer-A
Before a firm can identify the information needed to effectively manage a process, the firm
must
Question options:
A) understand the process.
B) hire programmers.
C) purchase computers and/or workstations.
D) obtain internet access. - answer-A
An AIS provides value by
Question options:
A) improving products or services through information that increases quality and reduces costs.
B) providing timely and reliable information to decision makers.
C) creating new products.
D) both improving products or services through information that increases quality and reduces
2
, costs and providing timely and reliable information to decision makers - answer-D
The American Institute of Certified Public Accountants (AICPA) has recognized the importance
of AIS and the major impact information technology has on the area of accounting. To recognize
individual CPAs who have met educational and experiential requirements in this area, the group
formally created the designation known as
Question options:
A) the Certified Information Auditor.
B) the Certified Internal Auditor.
C) the Certified Information Technology Professional.
D) the Certified Data Processing Professional. - answer-C
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 might contribute to poor decisions. Which of the following characteristics of
useful information is absent in the situation described above?
Question options:
A) relevant
B) reliable
3
