ACCOUNTING INFORMATION SYSTEMS INTERNATIONAL EDITION BY VERNON 2026 FINAL PAPER SOLVED QUESTIONS ANSWER KEY APLUS

ACCOUNTING INFORMATION SYSTEMS
INTERNATIONAL EDITION BY VERNON 2026
FINAL PAPER SOLVED QUESTIONS ANSWER
KEY APLUS

◉ Which of the following professional organizations have a code of
ethics? (Select all that apply)
-IIA
-AICPA
-IMA
-AAA
-ISACA
Answer: -IIA
-AICPA
-IMA
-ISACA


◉ PCAOB stands for ______ ______ ______ _____ board.
Answer: -Public
-Company
-Accounting

,-Oversight


◉ What are the main purposes of corporate governance? (Select all
that apply)
-To identify approaches to manage disgruntled employees
-To protect the interests of a firm's stakeholders
-To promote accountability and transparency in a firm's operations
-To encourage the efficient use of the resources a firm has
Answer: -To protect the interests of a firm's stakeholders
-To promote accountability and transparency in a firm's operations
-To encourage the efficient use of the resources a firm has


◉ Requiring a signed source document before recording a
transaction is a _______ control.
-detective
-preventive
-corrective
Answer: preventive


◉ True or false: Integrity and individual ethics are formed through a
person's life experience.
Answer: True.

,Reason: Integrity and individual ethics are formed through a
person's life experience.


◉ _______ controls find problems when they arise.
Answer: Detective


◉ Identify professional organizations that the accounting profession
is involved in.


AICPA <->
IMA <->
IIA <->
ISACA <->


This organization is for internal auditors.
This organization is for public accountants.
This organization is for management accountants.
This organization is for information systems auditors.
Answer: AICPA <-> This organization is for public accountants.
IMA <-> This organization is for management accountants.
IIA <-> This organization is for internal auditors.
ISACA <-> This organization is for information systems auditors.

, ◉ Corrective controls fix problems that have been identified, such as
using ______ files to recover corrupted data.
Answer: backup


◉ What is the impact of Sarbanes-Oxley Act 2002 (SOX) on the
accounting profession?
-SOX is perceived by the accounting profession as decreasing
oversight over companies' efficiency in operations.
-Under SOX, the PCAOB replaces AICPA to issue audit standards.
-SOX established the PCAOB to regulate and audit public accounting
firms.
Answer: -Under SOX, the PCAOB replaces AICPA to issue audit
standards.
-SOX established the PCAOB to regulate and audit public accounting
firms.


◉ Define each type of controls properly.
General controls <->
Application controls <->
Preventive <->
Detective <->
Corrective <->