Test Bank For Accounting Information Systems - 20th - 2018 All Chapters - 9781337552127.pdf

, ACCOUNTINGm INFORMATIONm SYSTEMSm(RICHARDSONm 2NDmEDITION
)
Chapterm1m AccountingmInformationmSystemsmandmFirmmValue
1) AccountingmandmFinancemismamprimarymactivityminmthemvaluemchain.
Answer:m FALSE
Diff:m1
Topic:m ThemValuemChainmandmAccountingmInformationmSystems
LearningmObjective:m 01-
04mDescribemhowmbusinessmprocessesmaffectmthemfirm'smvaluemchain.mBloom's:m Remember
AACSB:m ReflectivemThinking
AICPA:m BBmIndustry;mFNmDecisionmMaking

2) AccountingmInformationmSystemsmatmthismdatemaremallmcomputerize
d.mAnswer:m FALSE
Diff:m1
Topic:m DatamversusmInformation
LearningmObjective:m 01-
02mDistinguishmamongmdata,minformation,mandmanminformationmsystem.mBloom's:m Remember
AACSB:m ReflectivemThinking
AICPA:m BBmIndustry;mFNmDecisionmMaking

3) Businessmvaluemincludesmallmthosemitems,meventsmandminteractionsmthatmdeterminemthemfinancialmheal
thmandmwell-beingmofmthemfirm.
Answer:m TRUE
Diff:m1
Topic:m ThemValuemChainmandmAccountingmInformationmSystems
LearningmObjective:m 01-
04mDescribemhowmbusinessmprocessesmaffectmthemfirm'smvaluemchain.mBloom's:m Remember
AACSB:m ReflectivemThinking
AICPA:m BBmIndustry;mFNmDecisionmMaking

4) ThemCertifiedmInformationmTechnologymProfessionalm(CITP)mismamprofessionalmdesignationmformtho
semwithmambroadmrangemofmtechnologymknowledgemandmdoesmnotmrequiremamCPA.
Answer:m FALSE
Diff:m1
Topic:m RolemofmAccountantsminmAccountingmInformationmSystems
LearningmObjective:m 01-
03mDistinguishmthemrolesmofmaccountantsminmprovidingminformation,mandmexplainmcertificationsmrela
tedmtomaccountingminformationmsystems.
Bloom's:m Rememberm AACS
B:m ReflectivemThinking
AICPA:m BBmIndustry;mFNmDecisionmMaking

5) ThemCertifiedmInformationmSystemsmAuditorm(CISA)mismamprofessionalmdesignationmgenerallymsoug
htmbymthosemperformingmITmaudits.
Answer:m TRUE
Diff:m1
Topic:m RolemofmAccountantsminmAccountingmInformationmSystems
LearningmObjective:m 01-
03mDistinguishmthemrolesmofmaccountantsminmprovidingminformation,mandmexplainmcertificationsmrela
tedmtomaccountingminformationmsystems.
Bloom's:m Rememberm AACS
B:m ReflectivemThinking
AICPA:m BBmIndustry;mFNmDecisionmMaking



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, ACCOUNTINGm INFORMATIONm SYSTEMSm(RICHARDSONm 2NDmEDITION
)
6) Informationmismdefinedmasmbeingmdatamorganizedminmammeaningfulmwaymthatmismusefulmtomthemus
er.mAnswer:m TRUE
Diff:m1
Topic:m DatamversusmInformation
LearningmObjective:m 01-
02mDistinguishmamongmdata,minformation,mandmanminformationmsystem.mBloom's:m Remember
AACSB:m ReflectivemThinking
AICPA:m BBmIndustry;mFNmDecisionmMaking

7) Datamismdefinedmasmbeingminformationmorganizedminmammeaningfulmwaymthatmismusefulmtomthemus
er.mAnswer:m FALSE
Diff:m1
Topic:m DatamversusmInformation
LearningmObjective:m 01-
02mDistinguishmamongmdata,minformation,mandmanminformationmsystem.mBloom's:m Remember
AACSB:m ReflectivemThinking
AICPA:m BBmIndustry;mFNmDecisionmMaking

8) Amsystemsmanalystmanalyzesmambusinessmproblemmthatmmightmbemaddressedmbymanminformationmsyst
emmandmrecommendsmsoftwaremormsystemsmtomaddressmthatmproblem.
Answer:m TRUE
Diff:m1
Topic:m ThemValuemChainmandmAccountingmInformationmSystems
LearningmObjective:m 01-
04mDescribemhowmbusinessmprocessesmaffectmthemfirm'smvaluemchain.mBloom's:m Remember
AACSB:m ReflectivemThinking
AICPA:m BBmIndustry;mFNmDecisionmMaking

9) Amvaluemchainmismdefinedmasmthemflowmofmmaterials,minformation,mpayments,mandmservicesmfr
ommcustomermtomsupplier.
Answer:m FALSE
Diff:m1
Topic:m ThemValuemChainmandmAccountingmInformationmSystems
LearningmObjective:m 01-
04mDescribemhowmbusinessmprocessesmaffectmthemfirm'smvaluemchain.mBloom's:m Remember
AACSB:m ReflectivemThinking
AICPA:m BBmIndustry;mFNmDecisionmMaking

10) Relevantminformationmismthatminformationmthatmismfreemfrommbiasmandmerr
or.mAnswer:m FALSE
Diff:m1
Topic:m DefinitionmofmAccountingmInformationmSystems;mAttributesmofmUsefulmInformation
LearningmObjective:m 01-
01mDefinemanmaccountingminformationmsystem,mandmexplainmcharacteristicsmofmusefulminformation.mBloom's:m Remember
AACSB:m ReflectivemThinking
AICPA:m BBmIndustry;mFNmDecisionmMaking




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, ACCOUNTINGm INFORMATIONm SYSTEMSm(RICHARDSONm 2NDmEDITION
)
11) Themcharacteristicsmofmrelevantminformationmincludempredictivemvalue,mfeedbackmvaluemandmtimelines
s.mAnswer:m TRUE
Diff:m1
Topic:m DefinitionmofmAccountingmInformationmSystems;mAttributesmofmUsefulmInformation
LearningmObjective:m 01-
01mDefinemanmaccountingminformationmsystem,mandmexplainmcharacteristicsmofmusefulminformation.mBloom's:m Remember
AACSB:m ReflectivemThinking
AICPA:m BBmIndustry;mFNmDecisionmMaking

12) Themcharacteristicsmofmreliableminformationmaremthatmtheminformationmismverifiable,mwithoutmbiasma
ndmtimely.
Answer:m FALSE
Diff:m1
Topic:m DefinitionmofmAccountingmInformationmSystems;mAttributesmofmUsefulmInformation
LearningmObjective:m 01-
01mDefinemanmaccountingminformationmsystem,mandmexplainmcharacteristicsmofmusefulminformation.mBloom's:m Remember
AACSB:m ReflectivemThinking
AICPA:m BBmIndustry;mFNmDecisionmMaking

13) Informationmoverloadmismdefinedmasmthemdifficultymampersonmfacesminmunderstandingmamproblemma
ndmmakingmamdecisionmasmamconsequencemofmtoommuchminformation.
Answer:m TRUE
Diff:m1
Topic:m DefinitionmofmAccountingmInformationmSystems;mAttributesmofmUsefulmInformationm
LearningmObjective:m 01-
02mDistinguishmamongmdata,minformation,mandmanminformationmsystem.mBloom's:m Remember
AACSB:m ReflectivemThinking
AICPA:m BBmIndustry;mFNmDecisionmMaking

14) ThemmainmfinancialmbenefitmofmCustomermRelationshipmManagementmpracticesmreducesmthemcostm
ofmgoodsmsold.
Answer:m FALSE
Diff:m1
Topic:m AIS,mFirmmProfitability,mandmStockmPrices
LearningmObjective:m 01-
08mAssessmthemimpactmofmAISmonmfirmmprofitabilitymandmstockmprices.mBloom's:m Remember
AACSB:m ReflectivemThinking
AICPA:m BBmIndustry;mFNmDecisionmMaking

15) AnmefficientmEnterprisemSystemmcanmsignificantlymlowermthemcostmofmsupportmprocessesmincluded
minmsales,mgeneral,mandmadministrativemexpenses.


Answer:m TRUE
Diff:m1
Topic:m AIS,mFirmmProfitability,mandmStockmPrices
LearningmObjective:m 01-
08mAssessmthemimpactmofmAISmonmfirmmprofitabilitymandmstockmprices.mBloom's:m Remember
AACSB:m ReflectivemThinking
AICPA:m BBmIndustry;mFNmDecisionmMaking




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