COMPLETE Test Bank for Accounting Information Systems, 1st Edition by Arline A. Savage|newest edition 100% guaranteed pass!!!

Accounting .Information .Systems .1st .Edition .Savage .Test .Bank




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, Instant .Access
Accounting .Information .Systems, .1e .(Savage)
.Chapter .1 Accounting .as .Information . All .Chapters
1) Accounting .communicates .to .stakeholders
A) minimally .required .public .financial .data.
B) the .financial .outcomes .of .operating, .investing, .and .financing .activities.
C) the .sales .strategy .for .the .operating, .marketing, .and .sales .activities.
D) black .and .white .details .about .the .economics .of .operating
.activities. .Answer: . B
Diff: .1
Learning .Objective: . 1.1 .Explain .how .accounting .affects .both .the .demand .for .and .supply .of
.information.
Section .Reference: . Why .is .Accounting .Information .Important?
.AACSB: . Communication
Bloom's:
. Comprehension .AICPA:
. AC: .Reporting


2) Accounting .communicates .the .financial .outcomes .of .a .business's .activities .for
A) operating.
B) investing.
C) financing.
D) All .of .these .answer .choices .are
.correct. .Answer: . D
Diff: .1
Learning .Objective: . 1.1 .Explain .how .accounting .affects .both .the .demand .for .and .supply .of
.information.
Section .Reference: . Why .is .Accounting .Information .Important?
.AACSB: . Communication
Bloom's:
. Comprehension .AICPA:
. AC: .Reporting


3) In .what .way .do .management .teams .use .accounting .data?
A) Management .teams .use .accounting .data .to .make .business .decisions.
B) Management .teams .use .accounting .data .to .make .and .execute .plans.
C) Management .teams .use .economic .and .accounting .data .together .to .make .decisions.
D) All .of .these .answer .choices .are
.correct. .Answer: . D
Diff: .1
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,Learning .Objective: . 1.1 .Explain .how .accounting .affects .both .the .demand .for .and .supply .of
.information.
Section .Reference: . Why .is .Accounting .Information .Important?
.AACSB: . Analytic
Bloom's: . . Comprehension
AICPA: . . AC: .Risk .Assessment, .Analysis, .and .Management




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, 4) Which .statement .is .TRUE?
A) Accounting .consists .of .rigid .black .and .white .rules.
B) Accountants .crunch .numbers, .not .make .decisions.
C) Accounting .helps .support .a .prosperous .society.
D) Accountants .focus .on .debits .and .credits, .not .business
.activities. .Answer: . C
Diff: .1
Learning .Objective: . 1.1 .Explain .how .accounting .affects .both .the .demand .for .and .supply .of
.information.
Section .Reference: . Why .is .Accounting .Information .Important?
.AACSB: . Analytic
Bloom's:
. Comprehension .AICPA:
. N/A


5) Which .of .the .following .is .NOT .a .component .of .an .information .system?
A) Hardware
B) Software
C) Input
D) Network
.Answer: .C
.Diff: .1
Learning .Objective: . 1.1 .Explain .how .accounting .affects .both .the .demand .for .and .supply .of
.information.
Section .Reference: . Why .is .Accounting .Information .Important?
.AACSB: . Analytic
Bloom's: . . Knowledge
AICPA: . . AC: .Systems .and .Process .Management

6) Input .to .an .information .system .consists .of
A) raw .and .unorganized .data.
B) hardware .and .software.
C) reported .information.
D) processed .data.
.Answer: . A
Diff: .1
Learning .Objective: . 1.1 .Explain .how .accounting .affects .both .the .demand .for .and .supply .of
.information.
Section .Reference: . Why .is .Accounting .Information .Important?
.AACSB: . Analytic
Bloom's: . . Knowledge
AICPA: . . AC: .Systems .and .Process .Management

7) Which .of .the .following .is .a .definition .of .output .from .an .information .system?
A) Output .is .raw .and .unorganized .data.
B) Output .is .information .produced .by .processing .data.
C) Output .is .database .facts .and .figures.
D) Output .is .information .collected .from
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