Test Bank For Introduction to Information Systems, 18th Edition All Chapters - 9781119767503.pdf

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Test Bank for Accounting Information Systems, 1st Edi
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tion by Arline A. Savage Latest 2024
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ChapterG01:GAccountingGasGInformation
1) AccountingGcommunicatesGtoGstakeholders
A) minimallyGrequiredGpublicGfinancialGdata.
B) theGfinancialGoutcomesGofGoperating,Ginvesting,GandGfinancingGactivities.
C) theGsalesGstrategyGforGtheGoperating,Gmarketing,GandGsalesGactivities.
D) blackGandGwhiteGdetailsGaboutGtheGeconomicsGofGoperatingGactivities.GAnswer:GB
Diff:G1
LearningGObjective:G1.1GExplainGhowGaccountingGaffectsGbothGtheGdemandGforGandGsupplyGofGinf
ormation.
SectionGReference:GWhyGisGAccountingGInformationGImportant?GAACSB:GCommunication
Bloom's:GComprehensionGAICPA:GAC:GReporting


2) AccountingGcommunicatesGtheGfinancialGoutcomesGofGaGbusiness'sGactivitiesGfor
A) operating.
B) investing.
C) financing.
D) AllGofGtheseGanswerGchoicesGareGcorrect.GAnswer:GD
Diff:G1
LearningGObjective:G1.1GExplainGhowGaccountingGaffectsGbothGtheGdemandGforGandGsupplyGofGinf
ormation.
SectionGReference:GWhyGisGAccountingGInformationGImportant?GAACSB:GCommunication
Bloom's:GComprehensionGAICPA:GAC:GReporting


3) InGwhatGwayGdoGmanagementGteamsGuseGaccountingGdata?
A) ManagementGteamsGuseGaccountingGdataGtoGmakeGbusinessGdecisions.
B) ManagementGteamsGuseGaccountingGdataGtoGmakeGandGexecuteGplans.
C) ManagementGteamsGuseGeconomicGandGaccountingGdataGtogetherGtoGmakeGdecisions.
D) AllGofGtheseGanswerGchoicesGareGcorrect.GAnswer:GD

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Diff:G1
LearningGObjective:G1.1GExplainGhowGaccountingGaffectsGbothGtheGdemandGforGandGsupplyGofGinf
ormation.
SectionGReference:GWhyGisGAccountingGInformationGImportant?GAACSB:GAnalytic
Bloom's:GGComprehension
AICPA:GGAC:GRiskGAssessment,GAnalysis,GandGManagement
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4) WhichGstatementGisGTRUE?
A) AccountingGconsistsGofGrigidGblackGandGwhiteGrules.
B) AccountantsGcrunchGnumbers,GnotGmakeGdecisions.
C) AccountingGhelpsGsupportGaGprosperousGsociety.
D) AccountantsGfocusGonGdebitsGandGcredits,GnotGbusinessGactivities.GAnswer:GC
Diff:G1
LearningGObjective:G1.1GExplainGhowGaccountingGaffectsGbothGtheGdemandGforGandGsupplyGofGinf
ormation.
SectionGReference:GWhyGisGAccountingGInformationGImportant?GAACSB:GAnalytic
Bloom's:GComprehensionGAICPA:GN/A


5) WhichGofGtheGfollowingGisGNOTGaGcomponentGofGanGinformationGsystem?
A) Hardware
B) Software
C) Input
D) NetworkGAnswer:GCGDiff:G1
LearningGObjective:G1.1GExplainGhowGaccountingGaffectsGbothGtheGdemandGforGandGsupplyGofGinf
ormation.
SectionGReference:GWhyGisGAccountingGInformationGImportant?GAACSB:GAnalytic
Bloom's:GGKnowledge
AICPA:GGAC:GSystemsGandGProcessGManagement


6) InputGtoGanGinformationGsystemGconsistsGof
A) rawGandGunorganizedGdata.
B) hardwareGandGsoftware.

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C) reportedGinformation.
D) processedGdata.
Answer:GGA
Diff:G1
LearningGObjective:G1.1GExplainGhowGaccountingGaffectsGbothGtheGdemandGforGandGsupplyGofGinf
ormation.
SectionGReference:GWhyGisGAccountingGInformationGImportant?GAACSB:GAnalytic
Bloom's:GGKnowledge
AICPA:GGAC:GSystemsGandGProcessGManagement
7) WhichGofGtheGfollowingGisGaGdefinitionGofGoutputGfromGanGinformationGsystem?
A) OutputGisGrawGandGunorganizedGdata.
B) OutputGisGinformationGproducedGbyGprocessingGdata.
C) OutputGisGdatabaseGfactsGandGfigures.
D) OutputGisGinformationGcollectedGfromGusers.GAnswer:GB
G

Diff:G1
LearningGObjective:G1.1GExplainGhowGaccountingGaffectsGbothGtheGdemandGforGandGsupplyGofGinf
ormation.
SectionGReference:GWhyGisGAccountingGInformationGImportant?GAACSB:GAnalytic
Bloom's:GGComprehension
AICPA:GGAC:GSystemsGandGProcessGManagement


8) WhichGstatementGconcerningGdataGisGTRUE?
A) DataGisGuselessGtoGaGbusinessGuntilGtransformedGintoGinformation.
B) DataGisGtheGoutputGfromGanGinformationGsystem.
C) DataGisGorganizedGintoGunderstandableGformats.
D) DataGisGprocessedGbeforeGbeingGinputGintoGtheGinformationGsystem.GAnswer:GA
Diff:G1
LearningGObjective:G1.1GExplainGhowGaccountingGaffectsGbothGtheGdemandGforGandGsupplyGofGinf
ormation.
SectionGReference:GWhyGisGAccountingGInformationGImportant?GAACSB:GAnalytic
Bloom's:GGComprehension

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AICPA:GGAC:GSystemsGandGProcessGManagement


9)
WhichGofGtheGfollowingGactivitiesGwouldGNOTGresultGinGaGtransactionGinGanGaccountingGin
formationGsystem?
A) SellGgoodsGtoGaGcustomerGonGaccount
B) PurchaseGsuppliesGonGcredit
C) PrepayGforGsixGmonthsGofGinsurance
D) ReceiveGaGcustomerGorderGAnswer:GD
Diff:G2
LearningGObjective:G1.1GExplainGhowGaccountingGaffectsGbothGtheGdemandGforGandGsupplyGofGinf
ormation.
SectionGReference:GWhyGisGAccountingGInformationGImportant?GAACSB:GAnalytic
Bloom's:GGApplication
AICPA:GGAC:GSystemsGandGProcessGManagement
G


10)
WhichGofGtheGfollowingGactivitiesGresultsGinGaGtransactionGanGaccountingGinformationGsyst
em?
A) SellGgoodsGtoGaGcustomer
B) SubmitGanGorderGtoGaGvendor
C) CreateGestimatesGforGaGcustomer
D) ReceiveGaGcustomerGorderGAnswer:GA
Diff:G2
LearningGObjective:G1.1GExplainGhowGaccountingGaffectsGbothGtheGdemandGforGandGsupplyGofGinf
ormation.
SectionGReference:GWhyGisGAccountingGInformationGImportant?GAACSB:GAnalytic
Bloom's:GGApplication
AICPA:GGAC:GSystemsGandGProcessGManagement


11) AGbusinessGmodelGis
A) aGcompany'sGplanGforGoperations.

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