Accounting Information Systems 2nd Edition by
Vernon Richardson - Test Bank Chapter (1 to 16)
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any
manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
,Content
Chapter 01: Accounting Information Systems: An Introduction
Chapter 02: Accountants as Business Analysts
Chapter 03: Data Modeling
Chapter 04: Relational Databases and Enterprise System
Chapter 05: Sales and Collections Business Process
Chapter 06: Purchases and Payments Business Process
Chapter 07: Conversion Processes
Chapter 09: Data Analytics in Accounting
Chapter 10: Reporting Processes and eXtensible Business
Reporting Language (XBRL)
Chapter 11: AIS and Internal Controls
Chapter 12: Information Security and Computer Fraud
Chapter 13: Monitoring and Auditing AIS
Chapter 14: The Balanced Scorecard and Business Value of
Information Technology
Chapter 15: Evaluating AIS Investments
Chapter 16: The Systems Development Life Cycle and Project
Management: Addressing the Challenges of Building AIS
Systems
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any
manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
, Chapter 1
Accounting Information Systems: An Introduction
Answer Key
True / False Questions
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any
manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
, 1. Accounting and Finance is a primary activity in the value chain.
Answer: FALSE
AACSB: Reflective Thinking
AICPA BB: Industry
AICPA FN: Decision Making
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-04 Describe how business processes affect the firm’s value chain.
Topic: The Value Chain and Accounting Information Systems
2. Accounting Information Systems at this date are all computerized.
Answer: FALSE
AACSB: Reflective Thinking
AICPA BB: Industry
AICPA FN: Decision Making
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-02 Distinguish between data, information and an information system.
Topic: Data versus Information
3. Business value includes all those items, events and interactions that determine
the financial health and well-being of the firm.
Answer: TRUE
AACSB: Reflective Thinking
AICPA BB: Industry
AICPA FN: Decision Making
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-04 Describe how business processes affect the firm’s value chain.
Topic: The Value Chain and Accounting Information Systems
4. The Certified Information Technology Professional (CITP) is a professional
designation for those with a broad range of technology knowledge and does not
require a CPA.
Answer: FALSE
AACSB: Reflective Thinking
AICPA BB: Industry
AICPA FN: Decision Making
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-03 Distinguish the roles of accountants in providing information and explain certifications related to
accounting information systems
Topic: Role of Accountants in Accounting Information Systems
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any
manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
Vernon Richardson - Test Bank Chapter (1 to 16)
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any
manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
,Content
Chapter 01: Accounting Information Systems: An Introduction
Chapter 02: Accountants as Business Analysts
Chapter 03: Data Modeling
Chapter 04: Relational Databases and Enterprise System
Chapter 05: Sales and Collections Business Process
Chapter 06: Purchases and Payments Business Process
Chapter 07: Conversion Processes
Chapter 09: Data Analytics in Accounting
Chapter 10: Reporting Processes and eXtensible Business
Reporting Language (XBRL)
Chapter 11: AIS and Internal Controls
Chapter 12: Information Security and Computer Fraud
Chapter 13: Monitoring and Auditing AIS
Chapter 14: The Balanced Scorecard and Business Value of
Information Technology
Chapter 15: Evaluating AIS Investments
Chapter 16: The Systems Development Life Cycle and Project
Management: Addressing the Challenges of Building AIS
Systems
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any
manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
, Chapter 1
Accounting Information Systems: An Introduction
Answer Key
True / False Questions
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any
manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
, 1. Accounting and Finance is a primary activity in the value chain.
Answer: FALSE
AACSB: Reflective Thinking
AICPA BB: Industry
AICPA FN: Decision Making
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-04 Describe how business processes affect the firm’s value chain.
Topic: The Value Chain and Accounting Information Systems
2. Accounting Information Systems at this date are all computerized.
Answer: FALSE
AACSB: Reflective Thinking
AICPA BB: Industry
AICPA FN: Decision Making
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-02 Distinguish between data, information and an information system.
Topic: Data versus Information
3. Business value includes all those items, events and interactions that determine
the financial health and well-being of the firm.
Answer: TRUE
AACSB: Reflective Thinking
AICPA BB: Industry
AICPA FN: Decision Making
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-04 Describe how business processes affect the firm’s value chain.
Topic: The Value Chain and Accounting Information Systems
4. The Certified Information Technology Professional (CITP) is a professional
designation for those with a broad range of technology knowledge and does not
require a CPA.
Answer: FALSE
AACSB: Reflective Thinking
AICPA BB: Industry
AICPA FN: Decision Making
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-03 Distinguish the roles of accountants in providing information and explain certifications related to
accounting information systems
Topic: Role of Accountants in Accounting Information Systems
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any
manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
