AIS Exam 2025 With 100% Correct
Answers
Accounting information systems: - CORRECT ANSWER✔✔an information system that records,
processes, and reports on transactions to provide financial and nonfinancial information for
decision making and control
Characteristics of relevance? - CORRECT ANSWER✔✔- confirmatory, or feedback value
- predictive value
- materiality
Characteristics of faithful representation? - CORRECT ANSWER✔✔- complete
- neutrality
- free from error
Which of the following is considered to be mandatory information required by a regulatory
body? - CORRECT ANSWER✔✔10-Q submission to the Securities and Exchange Commission
The correct order of events in the value chain is - CORRECT ANSWER✔✔inbound logistics ->
operations -> outbound logistics -> marketing -> service
What designation would be most appropriate for those professionals possessing IT audit,
control, and security skills? - CORRECT ANSWER✔✔Certified Information Systems Auditor (CISA)
A supply chain: - CORRECT ANSWER✔✔refers to the flow of materials, information, payments,
and services from raw materials suppliers, through factories and warehouses, all the way to
final customers of the firm's products
, Customer relationship management software does not include information about - CORRECT
ANSWER✔✔current employees
AIS strategic roles of AIS investments are classified as - CORRECT ANSWER✔✔automate,
informate-up, informate-down, and transform
According to a recent study, the AIS strategic role that has the greatest impact on shareholder
value is - CORRECT ANSWER✔✔transform
The balance sheet account most likely affected by an AIS investment in supply chain
management software would be - CORRECT ANSWER✔✔inventories
The software/system that helps make sure the retail firm doesn't have a stockout is - CORRECT
ANSWER✔✔supply chain management software
Customer relationship management software would be most likely to affect which income
statement account? - CORRECT ANSWER✔✔revenues
Customer Relationship Management systems would generally be considered to be an - CORRECT
ANSWER✔✔external business process
An auditor testing internal controls would generally be considered to fill which role with respect
to accounting information systems? - CORRECT ANSWER✔✔evaluator
What is the proper transformation from data to decision according to the information value
chain? - CORRECT ANSWER✔✔data -> information -> knowledge -> decision
Examples of roles of the accounting function in business - CORRECT ANSWER✔✔- financial close
Answers
Accounting information systems: - CORRECT ANSWER✔✔an information system that records,
processes, and reports on transactions to provide financial and nonfinancial information for
decision making and control
Characteristics of relevance? - CORRECT ANSWER✔✔- confirmatory, or feedback value
- predictive value
- materiality
Characteristics of faithful representation? - CORRECT ANSWER✔✔- complete
- neutrality
- free from error
Which of the following is considered to be mandatory information required by a regulatory
body? - CORRECT ANSWER✔✔10-Q submission to the Securities and Exchange Commission
The correct order of events in the value chain is - CORRECT ANSWER✔✔inbound logistics ->
operations -> outbound logistics -> marketing -> service
What designation would be most appropriate for those professionals possessing IT audit,
control, and security skills? - CORRECT ANSWER✔✔Certified Information Systems Auditor (CISA)
A supply chain: - CORRECT ANSWER✔✔refers to the flow of materials, information, payments,
and services from raw materials suppliers, through factories and warehouses, all the way to
final customers of the firm's products
, Customer relationship management software does not include information about - CORRECT
ANSWER✔✔current employees
AIS strategic roles of AIS investments are classified as - CORRECT ANSWER✔✔automate,
informate-up, informate-down, and transform
According to a recent study, the AIS strategic role that has the greatest impact on shareholder
value is - CORRECT ANSWER✔✔transform
The balance sheet account most likely affected by an AIS investment in supply chain
management software would be - CORRECT ANSWER✔✔inventories
The software/system that helps make sure the retail firm doesn't have a stockout is - CORRECT
ANSWER✔✔supply chain management software
Customer relationship management software would be most likely to affect which income
statement account? - CORRECT ANSWER✔✔revenues
Customer Relationship Management systems would generally be considered to be an - CORRECT
ANSWER✔✔external business process
An auditor testing internal controls would generally be considered to fill which role with respect
to accounting information systems? - CORRECT ANSWER✔✔evaluator
What is the proper transformation from data to decision according to the information value
chain? - CORRECT ANSWER✔✔data -> information -> knowledge -> decision
Examples of roles of the accounting function in business - CORRECT ANSWER✔✔- financial close
