Accounting Information Systems 13th Edition by
Marshall-B.-Romney - Test Bank Chapter (1 to 22)
1
Copyright © 2015 Pearson Education, Inc.
,Content
Chapter 1 Accounting Information Systems: An Overview
Chapter 2 Overview of Transaction Processing and Enterprise
Resource Planning Systems
Chapter 3 Systems Documentation Techniques
Chapter 4 Relational Databases
Chapter 5 Computer Fraud
Chapter 6 Computer Fraud and Abuse Techniques
Chapter 7 Control and Accounting Information Systems
Chapter 8 Controls for Information Security
Chapter 9 Confidentiality and Privacy Controls
Chapter 10 Processing Integrity and Availability Controls
Chapter 11 Auditing Computer-Based Information Systems
Chapter 12 The Revenue Cycle: Sales to Cash Collections
Chapter 13 The Expenditure Cycle: Purchasing to Cash
Disbursements
Chapter 14 The Production Cycle
Chapter 15 The Human Resources Management and Payroll Cycle
Chapter 16 General Ledger and Reporting System
Chapter 17 Database Design Using the REA Data Model
Chapter 18 Implementing an REA Model in a Relational Database
Chapter 19 Special Topics in REA Modeling
Chapter 20 Introduction to Systems Development and Systems
Analysis
Chapter 21 AIS Development Strategies
Chapter 22 Systems Design, Implementation, and Operation
2
Copyright © 2015 Pearson Education, Inc.
,Accounting Information Systems, 13e (Romney/Steinbart)
Chapter 1 Accounting Information Systems: An Overview
1.1 Distinguish data from information, discuss the characteristics of useful information,
and explain how to determine the value of information.
1) Which of the following statements below shows the contrast between data and
information? 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
Objective: Learning Objective 1
Difficulty: Easy
AACSB: Analytic
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
Objective: Learning Objective 1
Difficulty: Easy
AACSB: Analytic
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
Objective: Learning Objective 1
3
Copyright © 2015 Pearson Education, Inc.
, Difficulty: Moderate AACSB:
Analytic
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
Objective: Learning Objective 1
Difficulty: Easy
AACSB: Analytic
5) ________ information reduces uncertainty, improves decision makers' ability to make
predictions, or confirms expectations.
A) Timely
B) Reliable
C) Relevant
D) Complete
Answer: C
Objective: Learning Objective 1
Difficulty: Easy
AACSB: Analytic
6) Information that is free from error or bias and accurately represents the events or
activities of the organization is A) relevant.
B) reliable.
C) verifiable.
D) timely.
Answer: B
Objective: Learning Objective 1
Difficulty: Easy
AACSB: Analytic
4
Copyright © 2015 Pearson Education, Inc.
Marshall-B.-Romney - Test Bank Chapter (1 to 22)
1
Copyright © 2015 Pearson Education, Inc.
,Content
Chapter 1 Accounting Information Systems: An Overview
Chapter 2 Overview of Transaction Processing and Enterprise
Resource Planning Systems
Chapter 3 Systems Documentation Techniques
Chapter 4 Relational Databases
Chapter 5 Computer Fraud
Chapter 6 Computer Fraud and Abuse Techniques
Chapter 7 Control and Accounting Information Systems
Chapter 8 Controls for Information Security
Chapter 9 Confidentiality and Privacy Controls
Chapter 10 Processing Integrity and Availability Controls
Chapter 11 Auditing Computer-Based Information Systems
Chapter 12 The Revenue Cycle: Sales to Cash Collections
Chapter 13 The Expenditure Cycle: Purchasing to Cash
Disbursements
Chapter 14 The Production Cycle
Chapter 15 The Human Resources Management and Payroll Cycle
Chapter 16 General Ledger and Reporting System
Chapter 17 Database Design Using the REA Data Model
Chapter 18 Implementing an REA Model in a Relational Database
Chapter 19 Special Topics in REA Modeling
Chapter 20 Introduction to Systems Development and Systems
Analysis
Chapter 21 AIS Development Strategies
Chapter 22 Systems Design, Implementation, and Operation
2
Copyright © 2015 Pearson Education, Inc.
,Accounting Information Systems, 13e (Romney/Steinbart)
Chapter 1 Accounting Information Systems: An Overview
1.1 Distinguish data from information, discuss the characteristics of useful information,
and explain how to determine the value of information.
1) Which of the following statements below shows the contrast between data and
information? 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
Objective: Learning Objective 1
Difficulty: Easy
AACSB: Analytic
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
Objective: Learning Objective 1
Difficulty: Easy
AACSB: Analytic
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
Objective: Learning Objective 1
3
Copyright © 2015 Pearson Education, Inc.
, Difficulty: Moderate AACSB:
Analytic
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
Objective: Learning Objective 1
Difficulty: Easy
AACSB: Analytic
5) ________ information reduces uncertainty, improves decision makers' ability to make
predictions, or confirms expectations.
A) Timely
B) Reliable
C) Relevant
D) Complete
Answer: C
Objective: Learning Objective 1
Difficulty: Easy
AACSB: Analytic
6) Information that is free from error or bias and accurately represents the events or
activities of the organization is A) relevant.
B) reliable.
C) verifiable.
D) timely.
Answer: B
Objective: Learning Objective 1
Difficulty: Easy
AACSB: Analytic
4
Copyright © 2015 Pearson Education, Inc.
