AIS Exam 2025 With 100% Correct
Answers
Inventory information for Sun Corp. is provided in real time by a firm's accounting information
system. However, the accuracy of this information is questionable due to high turnover of their
inventory minute by minute. Warehouse clerks who randomly count specific inventory items
calculate different amounts in the same day and the system also indicates a different amount.
Which of the following characteristics of useful information is absent in the situation described
above? - CORRECT ANSWER✔✔- verifiability
Purchasing goods and services for the organization (NOT raw materials) is part of which activity
(transaction cycle)? - CORRECT ANSWER✔✔- expenditure
If information can help reduce uncertainty, improve decision-making, or confirm or correct prior
expectations, it is representative of the characteristic of... - CORRECT ANSWER✔✔- relevance
Which of the following statements below shows the contrast between data and information? -
CORRECT ANSWER✔✔- information is the primary output of an accounting information system
Paying off debts for the organization is part of which activity? - CORRECT ANSWER✔✔-
financing
A well-designed AIS can improve the decision making in an organization. Identify the statement
below that describes a situation where an AIS may actually inhibit effective decision making. -
CORRECT ANSWER✔✔- an AIS provides to its users an abundance of information without any
filtering or condensing of such information
Checking the credit of a potential customer is part of which cycle? - CORRECT ANSWER✔✔-
revenue
Answers
Inventory information for Sun Corp. is provided in real time by a firm's accounting information
system. However, the accuracy of this information is questionable due to high turnover of their
inventory minute by minute. Warehouse clerks who randomly count specific inventory items
calculate different amounts in the same day and the system also indicates a different amount.
Which of the following characteristics of useful information is absent in the situation described
above? - CORRECT ANSWER✔✔- verifiability
Purchasing goods and services for the organization (NOT raw materials) is part of which activity
(transaction cycle)? - CORRECT ANSWER✔✔- expenditure
If information can help reduce uncertainty, improve decision-making, or confirm or correct prior
expectations, it is representative of the characteristic of... - CORRECT ANSWER✔✔- relevance
Which of the following statements below shows the contrast between data and information? -
CORRECT ANSWER✔✔- information is the primary output of an accounting information system
Paying off debts for the organization is part of which activity? - CORRECT ANSWER✔✔-
financing
A well-designed AIS can improve the decision making in an organization. Identify the statement
below that describes a situation where an AIS may actually inhibit effective decision making. -
CORRECT ANSWER✔✔- an AIS provides to its users an abundance of information without any
filtering or condensing of such information
Checking the credit of a potential customer is part of which cycle? - CORRECT ANSWER✔✔-
revenue
