TESTBANKForAccountingInformation Systems, 4th
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uo Edition by Vernon Richardson,
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VerifiedChapters1-17,Complete
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,➢ Chapter1:Accounting InformationSystems and Firm Value
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Chapter 2:Data Analytics:Addressing Accounting Questions with Data
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uo Chapter 3: Data Analytics: Data Visualizations
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Chapter4:Process Modeling and Documentation Tools
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uo Chapter 5: Data Modeling and Control Concepts
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Chapter6:Relational Databasesand EnterpriseSystems
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uo Chapter 7: Sales and Collections Business Process Chapter
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uo 8: Purchases and Payments Business Process Chapter 9:
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uo Conversion Business Process uo uo
Chapter10: Integrated Project
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Chapter11: Accounting Information Systems and InternalControls Chapter
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uo 12: Cybersecurity and Computer Fraud
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Chapter13: Monitoring and Auditing 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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uo 17: Justifying and Planning IT InitiativesUsing Project Management Techniques
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, ACCOUNTING INFORMATION SYSTEMS u o u o
u(RICHARDSON)
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Chapter1 AccountingInformationSystemsandFirmValue o
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1) Accountingand Finance is a primaryactivityin the value chain. uo uo uo uo uo uo uo uo uo uo
ANSWER: FALSE
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Diff:1 uo
Topic: TheValue Chainand AccountingInformation Systems
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LearningObjective: 01-04 Describe howbusiness processes affectthe firm's valuechain.
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Bloom's: Remember
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AACSB: ReflectiveThinking u o uo
AICPA: BBIndustry;FNDecisionMaking
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2) AccountingInformationSystemsatthisdateareallcomputerized. uo uo uo uo uo uo uo uo
ANSWER: FALSE
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Diff:1 uo
Topic: DataversusInformation
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LearningObjective: 01-02 Distinguishamong data, information, andaninformationsystem.
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Bloom's: Remember
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AACSB: ReflectiveThinking u o uo
AICPA: BBIndustry;FNDecisionMaking
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3) Business valueincludes allthoseitems,events and interactionsthat determinethefinancialhealth and
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well-being of the firm.
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ANSWER: TRUE u o
Diff:1 uo
Topic: TheValue Chainand AccountingInformation Systems
u o uo uo uo uo uo uo
LearningObjective: 01-04 Describe howbusiness processes affectthe firm's valuechain.
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Bloom's: Remember
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AACSB: ReflectiveThinking u o uo
AICPA: BBIndustry;FNDecisionMaking
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4) TheCertified InformationTechnologyProfessional(CITP)is aprofessionaldesignationforthose with
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a broad range of technology knowledge and does not require a CPA.
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ANSWER: FALSE u o
Diff:1 uo
Topic: RoleofAccountantsinAccountingInformationSystems
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Learning Objective: 01-03 Distinguishtheroles ofaccountants inprovidinginformation, and explaincertifications related to
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accounting information systems. uo uo uo
Bloom's: Remember u o
AACSB: ReflectiveThinking
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AICPA: BBIndustry;FNDecisionMaking
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5) TheCertified InformationSystemsAuditor (CISA)isaprofessionaldesignation generallysought by
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those performing IT audits.
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ANSWER: TRUE u o
Diff:1 uo
Topic: RoleofAccountantsinAccountingInformationSystems
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Learning Objective: 01-03 Distinguishtheroles ofaccountants inprovidinginformation, and explaincertifications related to
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accounting information systems. uo uo uo
Bloom's: Remember u o
AACSB: ReflectiveThinking
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AICPA: BBIndustry;FNDecisionMaking
u o uo uo uo uo
Page1
o
u
, ACCOUNTING INFORMATION SYSTEMS u o u o
u(RICHARDSON)
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6) Informationisdefined as beingdataorganized in a meaningfulwaythatisusefultotheuser. uo uo uo uo uo uo uo uo uo uo uo uo uo uo uo uo
ANSWER: TRUE
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Diff:1 uo
Topic: DataversusInformation
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LearningObjective: 01-02 Distinguishamong data, information, andaninformationsystem.
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Bloom's: Remember
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AACSB: ReflectiveThinking u o uo
AICPA: BBIndustry;FNDecisionMaking u o uo uo uo uo
7) Data is defined as beinginformation organized in ameaningful waythat is useful to the user.
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ANSWER: FALSE
uo u o
Diff:1 uo
Topic: DataversusInformation
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LearningObjective: 01-02 Distinguishamong data, information, and aninformationsystem.
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Bloom's: Remember
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AACSB: ReflectiveThinking u o uo
AICPA: BBIndustry;FNDecisionMaking u o uo uo uo uo
8) Asystemsanalyst analyzes abusiness problem that might beaddressedbyan information system and
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recommends software or systems to address that problem.
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ANSWER: TRUE u o
Diff:1 uo
Topic: TheValue Chainand AccountingInformation Systems
u o uo uo uo uo uo uo
LearningObjective: 01-04 Describe howbusiness processes affectthe firm's valuechain.
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Bloom's: Remember
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AACSB: ReflectiveThinking u o uo
AICPA: BBIndustry;FNDecisionMaking u o uo uo uo uo
9) Avaluechainisdefined astheflowofmaterials, information,payments, andservicesfrom
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customer to supplier.
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ANSWER: FALSE u o
Diff:1 uo
Topic: TheValue Chainand AccountingInformation Systems
u o uo uo uo uo uo uo
Learning Objective: 01-04 Describe howbusiness processes affectthe firm's valuechain.
uo u o uo uo uo uo uo uo uo uo uo
Bloom's: Remember
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AACSB: ReflectiveThinking u o uo
AICPA: BBIndustry;FNDecisionMaking u o uo uo uo uo
10) Relevantinformationisthatinformationthatisfreefrombiasand error. uo uo uo uo uo uo uo uo uo uo uo
ANSWER: FALSE
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Diff:1 uo
Topic: Definition ofAccounting Information Systems; Attributes of Useful Information
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Learning Objective: 01-01 Defineanaccounting information system, and explaincharacteristics ofuseful information. Bloom's:
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uRemember
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AACSB: ReflectiveThinking u o uo
AICPA: BBIndustry;FNDecisionMaking u o uo uo uo uo
Page2
o
u
uo uo uo uo uo uouo
uo Edition by Vernon Richardson,
uo uo uo u o
VerifiedChapters1-17,Complete
uo uo uo uo uo
,➢ Chapter1:Accounting InformationSystems and Firm Value
o
u uo uo uo uo uo uo
Chapter 2:Data Analytics:Addressing Accounting Questions with Data
uo uo uo uo uo uo uo uo
uo Chapter 3: Data Analytics: Data Visualizations
uo uo uo uo uo
Chapter4:Process Modeling and Documentation Tools
uo uo uo uo uo uo
uo Chapter 5: Data Modeling and Control Concepts
uo uo uo uo uo uo
Chapter6:Relational Databasesand EnterpriseSystems
uo uo uo uo uo uo
uo Chapter 7: Sales and Collections Business Process Chapter
uo uo uo uo uo uo uo
uo 8: Purchases and Payments Business Process Chapter 9:
uo uo uo uo uo uo uo
uo Conversion Business Process uo uo
Chapter10: Integrated Project
uo uo uo
Chapter11: Accounting Information Systems and InternalControls Chapter
uo uo uo uo uo uo uo uo
uo 12: Cybersecurity and Computer Fraud
uo uo uo uo
Chapter13: Monitoring and Auditing AIS
uo uo uo uo uo
Chapter 14: eXtensible Business Reporting Language (XBRL) Chapter
uo uo uo uo uo uo uo
15: Emerging Technologies:Blockchain and AIAutomation
uo uo uo uo uo uo uo
Chapter 16: The Balanced Scorecard and Business Value of Information Technology Chapter
uo uo uo uo uo uo uo uo uo uo uo
uo 17: Justifying and Planning IT InitiativesUsing Project Management Techniques
uo uo uo uo uo uo uo uo uo
, ACCOUNTING INFORMATION SYSTEMS u o u o
u(RICHARDSON)
o
Chapter1 AccountingInformationSystemsandFirmValue o
u u o o
u uo uo uo o
u
1) Accountingand Finance is a primaryactivityin the value chain. uo uo uo uo uo uo uo uo uo uo
ANSWER: FALSE
uo u o
Diff:1 uo
Topic: TheValue Chainand AccountingInformation Systems
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LearningObjective: 01-04 Describe howbusiness processes affectthe firm's valuechain.
uo u o uo uo uo uo uo uo uo uo uo
Bloom's: Remember
uo u o
AACSB: ReflectiveThinking u o uo
AICPA: BBIndustry;FNDecisionMaking
u o uo uo uo uo
2) AccountingInformationSystemsatthisdateareallcomputerized. uo uo uo uo uo uo uo uo
ANSWER: FALSE
uo u o
Diff:1 uo
Topic: DataversusInformation
u o uo uo
LearningObjective: 01-02 Distinguishamong data, information, andaninformationsystem.
uo u o uo uo uo uo uo uo uo uo
Bloom's: Remember
uo u o
AACSB: ReflectiveThinking u o uo
AICPA: BBIndustry;FNDecisionMaking
u o uo uo uo uo
3) Business valueincludes allthoseitems,events and interactionsthat determinethefinancialhealth and
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well-being of the firm.
uo uo uo uo
ANSWER: TRUE u o
Diff:1 uo
Topic: TheValue Chainand AccountingInformation Systems
u o uo uo uo uo uo uo
LearningObjective: 01-04 Describe howbusiness processes affectthe firm's valuechain.
uo u o uo uo uo uo uo uo uo uo uo
Bloom's: Remember
uo u o
AACSB: ReflectiveThinking u o uo
AICPA: BBIndustry;FNDecisionMaking
u o uo uo uo uo
4) TheCertified InformationTechnologyProfessional(CITP)is aprofessionaldesignationforthose with
uo uo uo uo uo uo uo uo uo uo uo uo
a broad range of technology knowledge and does not require a CPA.
uo uo uo uo uo uo uo uo uo uo uo uo
ANSWER: FALSE u o
Diff:1 uo
Topic: RoleofAccountantsinAccountingInformationSystems
uo uo uo uo uo uo uo
Learning Objective: 01-03 Distinguishtheroles ofaccountants inprovidinginformation, and explaincertifications related to
uo u o uo uo uo uo uo uo uo uo uo uo uo uo uo
accounting information systems. uo uo uo
Bloom's: Remember u o
AACSB: ReflectiveThinking
uo uo uo
AICPA: BBIndustry;FNDecisionMaking
u o uo uo uo uo
5) TheCertified InformationSystemsAuditor (CISA)isaprofessionaldesignation generallysought by
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those performing IT audits.
uo uo uo uo
ANSWER: TRUE u o
Diff:1 uo
Topic: RoleofAccountantsinAccountingInformationSystems
uo uo uo uo uo uo uo
Learning Objective: 01-03 Distinguishtheroles ofaccountants inprovidinginformation, and explaincertifications related to
uo u o uo uo uo uo uo uo uo uo uo uo uo uo uo
accounting information systems. uo uo uo
Bloom's: Remember u o
AACSB: ReflectiveThinking
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AICPA: BBIndustry;FNDecisionMaking
u o uo uo uo uo
Page1
o
u
, ACCOUNTING INFORMATION SYSTEMS u o u o
u(RICHARDSON)
o
6) Informationisdefined as beingdataorganized in a meaningfulwaythatisusefultotheuser. uo uo uo uo uo uo uo uo uo uo uo uo uo uo uo uo
ANSWER: TRUE
uo u o
Diff:1 uo
Topic: DataversusInformation
u o uo uo
LearningObjective: 01-02 Distinguishamong data, information, andaninformationsystem.
uo u o uo uo uo uo uo uo uo uo
Bloom's: Remember
uo u o
AACSB: ReflectiveThinking u o uo
AICPA: BBIndustry;FNDecisionMaking u o uo uo uo uo
7) Data is defined as beinginformation organized in ameaningful waythat is useful to the user.
uo uo uo uo uo uo uo uo uo uo uo uo uo uo uo uo
ANSWER: FALSE
uo u o
Diff:1 uo
Topic: DataversusInformation
u o uo uo
LearningObjective: 01-02 Distinguishamong data, information, and aninformationsystem.
uo u o uo uo uo uo uo uo uo uo
Bloom's: Remember
uo u o
AACSB: ReflectiveThinking u o uo
AICPA: BBIndustry;FNDecisionMaking u o uo uo uo uo
8) Asystemsanalyst analyzes abusiness problem that might beaddressedbyan information system and
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recommends software or systems to address that problem.
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ANSWER: TRUE u o
Diff:1 uo
Topic: TheValue Chainand AccountingInformation Systems
u o uo uo uo uo uo uo
LearningObjective: 01-04 Describe howbusiness processes affectthe firm's valuechain.
uo u o uo uo uo uo uo uo uo uo uo
Bloom's: Remember
uo u o
AACSB: ReflectiveThinking u o uo
AICPA: BBIndustry;FNDecisionMaking u o uo uo uo uo
9) Avaluechainisdefined astheflowofmaterials, information,payments, andservicesfrom
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customer to supplier.
uo uo uo
ANSWER: FALSE u o
Diff:1 uo
Topic: TheValue Chainand AccountingInformation Systems
u o uo uo uo uo uo uo
Learning Objective: 01-04 Describe howbusiness processes affectthe firm's valuechain.
uo u o uo uo uo uo uo uo uo uo uo
Bloom's: Remember
uo u o
AACSB: ReflectiveThinking u o uo
AICPA: BBIndustry;FNDecisionMaking u o uo uo uo uo
10) Relevantinformationisthatinformationthatisfreefrombiasand error. uo uo uo uo uo uo uo uo uo uo uo
ANSWER: FALSE
uo u o
Diff:1 uo
Topic: Definition ofAccounting Information Systems; Attributes of Useful Information
u o uo uo uo uo uo uo uo uo
Learning Objective: 01-01 Defineanaccounting information system, and explaincharacteristics ofuseful information. Bloom's:
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uRemember
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AACSB: ReflectiveThinking u o uo
AICPA: BBIndustry;FNDecisionMaking u o uo uo uo uo
Page2
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