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Edition by Vernon Richardson,
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VerifiedChapters1-17,Complete
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,➢ Chapter1:Accounting InformationSystemsand FirmValue
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Chapter2:Data Analytics:Addressing Accounting Questions with Data
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xt Chapter 3: Data Analytics: Data Visualizations
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Chapter4:ProcessModelingand DocumentationTools
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xt Chapter 5: Data Modeling and Control Concepts
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Chapter6:RelationalDatabasesandEnterpriseSystems
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xt Chapter 7: Sales and Collections Business Process Chapter
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xt 8: Purchases and Payments Business Process Chapter 9:
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xt Conversion Business Process xt xt
Chapter10:IntegratedProject
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Chapter11:Accounting InformationSystems and InternalControls Chapter
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xt 12: Cybersecurity and Computer Fraud
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Chapter13: Monitoring andAuditing AIS
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Chapter 14: eXtensible Business Reporting Language (XBRL) Chapter
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15:Emerging Technologies:Blockchain and AIAutomation
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Chapter 16: The Balanced Scorecard and Business Value of Information Technology Chapter
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17:Justifying and Planning IT InitiativesUsing Project Management Techniques
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, ACCOUNTING INFORMATION SYSTEMS x t x t
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Chapter1 AccountingInformationSystemsandFirmValue xt x t xt xt xt xt xt
1) Accountingand Financeisaprimaryactivityin thevaluechain. xt xt xt xt xt xt xt xt xt xt
ANSWER: FALSE
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Diff:1
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Topic: TheValue Chainand AccountingInformation Systems
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LearningObjective: 01-04Describehowbusinessprocesses affectthe firm'svaluechain.
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Bloom's: Remember
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AACSB: ReflectiveThinking x t xt
AICPA: BBIndustry;FNDecisionMaking
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2) AccountingInformationSystemsatthisdateareallcomputerized. xt xt xt xt xt xt xt xt
ANSWER: FALSE
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Diff:1
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Topic: DataversusInformation
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LearningObjective: 01-02Distinguishamongdata, information,andaninformationsystem.
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Bloom's: Remember
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AACSB: ReflectiveThinking x t xt
AICPA: BBIndustry;FNDecisionMaking
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3) Businessvalueincludesallthoseitems,events andinteractionsthat determinethefinancialhealth and
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well-being of the firm.
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ANSWER: TRUE x t
Diff:1
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Topic: TheValue Chainand AccountingInformation Systems
x t xt xt xt xt xt xt
LearningObjective: 01-04Describehowbusinessprocesses affectthe firm'svaluechain.
xt x t xt xt xt xt xt xt xt xt xt
Bloom's: Remember
xt x t
AACSB: ReflectiveThinking x t xt
AICPA: BBIndustry;FNDecisionMaking
x t xt xt xt xt
4) TheCertifiedInformationTechnologyProfessional(CITP)isaprofessionaldesignationforthose with a
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broad range of technology knowledge and does not require a CPA.
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ANSWER: FALSE x t
Diff:1
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Topic: RoleofAccountantsinAccountingInformationSystems
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LearningObjective: 01-03 Distinguishtherolesofaccountantsinprovidinginformation,and explaincertifications related to
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accounting information systems. xt xt xt
Bloom's: Remember x t
AACSB:ReflectiveThinking
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AICPA: BBIndustry;FNDecisionMaking
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5) TheCertifiedInformationSystemsAuditor(CISA)isaprofessionaldesignationgenerallysought by
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those performing IT audits.
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ANSWER: TRUE x t
Diff:1
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Topic: RoleofAccountantsinAccountingInformationSystems
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LearningObjective: 01-03 Distinguishtherolesofaccountantsinprovidinginformation,and explaincertifications related to
xt x t xt xt xt xt xt xt xt xt xt xt xt xt xt
accounting information systems. xt xt xt
Bloom's: Remember x t
AACSB:ReflectiveThinking
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AICPA: BBIndustry;FNDecisionMaking
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Page1
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, ACCOUNTING INFORMATION SYSTEMS x t x t
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6) Informationisdefinedas beingdataorganizedina meaningfulwaythatisusefultotheuser. xt xt xt xt xt xt xt xt xt xt xt xt xt xt xt xt
ANSWER: TRUE
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Diff:1 xt
Topic: DataversusInformation
x t xt xt
LearningObjective: 01-02Distinguishamongdata, information,andaninformationsystem.
xt x t xt xt xt xt xt xt xt xt
Bloom's: Remember
xt x t
AACSB: ReflectiveThinking x t xt
AICPA: BBIndustry;FNDecisionMaking x t xt xt xt xt
7) Dataisdefinedasbeinginformationorganizedin ameaningfulwaythatisusefulto theuser.
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ANSWER: FALSE
xt x t
Diff:1 xt
Topic: DataversusInformation
x t xt xt
LearningObjective: 01-02Distinguishamongdata, information,and aninformationsystem.
xt x t xt xt xt xt xt xt xt xt
Bloom's: Remember
xt x t
AACSB: ReflectiveThinking x t xt
AICPA: BBIndustry;FNDecisionMaking x t xt xt xt xt
8) Asystemsanalyst analyzes abusinessproblemthatmightbeaddressedbyaninformationsystem and
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recommends software or systems to address that problem.
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ANSWER: TRUE x t
Diff:1 xt
Topic: TheValue Chainand AccountingInformation Systems
x t xt xt xt xt xt xt
LearningObjective: 01-04Describehowbusinessprocesses affectthe firm'svaluechain.
xt x t xt xt xt xt xt xt xt xt xt
Bloom's: Remember
xt x t
AACSB: ReflectiveThinking x t xt
AICPA: BBIndustry;FNDecisionMaking x t xt xt xt xt
9) Avaluechainisdefined astheflowofmaterials,information,payments,andservicesfrom
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customer to supplier.
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ANSWER: FALSE x t
Diff:1 xt
Topic: TheValue Chainand AccountingInformation Systems
x t xt xt xt xt xt xt
LearningObjective: 01-04Describehowbusinessprocesses affectthe firm'svaluechain.
xt x t xt xt xt xt xt xt xt xt xt
Bloom's: Remember
xt x t
AACSB: ReflectiveThinking x t xt
AICPA: BBIndustry;FNDecisionMaking x t xt xt xt xt
10) Relevantinformationisthatinformationthatisfreefrombiasanderror. xt xt xt xt xt xt xt xt xt xt xt
ANSWER: FALSE
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Diff:1 xt
Topic: Definition ofAccounting Information Systems; Attributes of Useful Information
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LearningObjective: 01-01Defineanaccountinginformationsystem, andexplaincharacteristicsofusefulinformation. Bloom's:
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xRemember
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AACSB: ReflectiveThinking x t xt
AICPA: BBIndustry;FNDecisionMaking x t xt xt xt xt
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