AIS Exam With 100% Correct Answers
The value of information can best be determined by - CORRECT ANSWER✔✔the benefits
associated with obtaining the information minus the cost of producing it.
An accounting information system (AIS) processes ________ to provide users with ________. -
CORRECT ANSWER✔✔data; information
The process of creating value for customers is the result of nine activities that form a - CORRECT
ANSWER✔✔value chain.
Which of the following is not an example of a common activity in an AIS? - CORRECT
ANSWER✔✔record sales calls for marketing purposes
Information is ________ when two knowledgeable people independently produce the same
information. - CORRECT ANSWER✔✔verifiable
Identify the four parts of the transaction processing cycle. - CORRECT ANSWER✔✔data input,
data storage, data processing, information output
The general ledger - CORRECT ANSWER✔✔Summarizes the transactions in journals.
On-line batch processing is a combination of real-time and batch processing. - CORRECT
ANSWER✔✔True
A properly configured enterprise resource planning (ERP) system uses a decentralized database
to share information across business processes and coordinate activities. - CORRECT
ANSWER✔✔False
The value of information can best be determined by - CORRECT ANSWER✔✔the benefits
associated with obtaining the information minus the cost of producing it.
An accounting information system (AIS) processes ________ to provide users with ________. -
CORRECT ANSWER✔✔data; information
The process of creating value for customers is the result of nine activities that form a - CORRECT
ANSWER✔✔value chain.
Which of the following is not an example of a common activity in an AIS? - CORRECT
ANSWER✔✔record sales calls for marketing purposes
Information is ________ when two knowledgeable people independently produce the same
information. - CORRECT ANSWER✔✔verifiable
Identify the four parts of the transaction processing cycle. - CORRECT ANSWER✔✔data input,
data storage, data processing, information output
The general ledger - CORRECT ANSWER✔✔Summarizes the transactions in journals.
On-line batch processing is a combination of real-time and batch processing. - CORRECT
ANSWER✔✔True
A properly configured enterprise resource planning (ERP) system uses a decentralized database
to share information across business processes and coordinate activities. - CORRECT
ANSWER✔✔False
