Vernon Richardson, Chengyee Chang, Rod Smith All 1-16 Chapters
Included Newest Edition With Questions,Answers Rationales And
Case Study
,Table of Contents — Accounting Information Systems, 4th Edition
Accounting Information Systems and Firm Value
1. Data Analytics: Addressing Accounting Questions with Data
2. Data Analytics: Data Visualizations
3. Accountants as Business Analysts (Process Modeling)
4. Data Modeling and Control Concepts
5. Relational Databases and Enterprise Systems
6. Sales and Collections Business Process
7. Purchases and Payments Business Process
8. Conversion Business Process
9. Integrated Project
10. Accounting Information Systems and Internal Controls
11. Cybersecurity and Computer Fraud
12. Monitoring and Auditing AIS
13. Reporting Processes and eXtensible Business Reporting
Language (XBRL)
14. Emerging Technologies: Blockchain and AI Automation
15. The Balanced Scorecard, Business Model Canvas, and
Business Value of Information Technology
16. Justifying and Planning IT Initiatives Using Project
Management Techniques
,Chapter 1 — Data Analytics: Addressing Accounting Questions with
Data
Multiple-Choice Questions (21 items)
1. The primary purpose of data analytics in accounting is to:
A. Generate financial statements
B. Answer accounting questions using data insights
C. Automate bookkeeping
D. Reduce audit requirements
Rationale:
Data analytics helps accountants identify patterns, trends, and
anomalies to support decision-making.
2. A descriptive analytics approach:
A. Predicts future trends
B. Summarizes past data to understand what happened
C. Recommends actions
D. None
Rationale:
Descriptive analytics focuses on historical performance evaluation.
3. Predictive analytics is used to:
A. Record transactions
B. Forecast future events based on historical data
C. Summarize past trends
D. Prepare financial statements
, Rationale:
Predictive modeling uses statistical techniques to anticipate
outcomes.
4. Diagnostic analytics helps to:
A. Understand why something happened
B. Summarize trends
C. Forecast revenue
D. Only detect fraud
Rationale:
It investigates underlying causes of financial anomalies.
5. Prescriptive analytics aims to:
A. Summarize historical data
B. Recommend actions to optimize outcomes
C. Forecast market trends
D. None
Rationale:
Prescriptive analytics uses optimization and simulation techniques to
suggest solutions.
6. Which of the following is a common data source for accounting
analytics?
A. General ledger
B. Accounts receivable
C. Inventory system
D. All of the above