Test Bank for Accounting Information Systems by Vernon Richardson, Chengyee Chang & Rod Smith – Latest Update 2026 Exam Prep | Graded A+

ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)




TEST BANK For Accounting Information Systems,
3rd Edition by Vernon Richardson,
Verified Chapters 1 - 18, Complete




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, ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)




TABLE OF CONTENTS
Ch. 1 Accounting Information Systems and Firm Value

Ch. 2 Accountants as Business Analysts

Ch. 3 Data Modeling

Ch. 4 Relational Databases and Enterprise Systems

Ch. 5 Sales and Collections Business Process

Ch. 6 Purchases and Payments Business Process

Ch. 7 Conversion Business Process

Ch. 8 Integrated Project

Ch. 9 Reporting Processes and eXtensible Business Reporting Language (XBRL)

Ch. 10 Data Analytics in Accounting: Concepts and the AMPS Model

Ch. 11 Data Analytics in Accounting: Tools and Practice

Ch. 12 Emerging Technologies: Blockchain and AI Automation

Ch. 13 Accounting Information Systems and Internal Controls

Ch. 14 Information Security and Computer Fraud

Ch. 15 Monitoring and Auditing AIS

Ch. 16 The Balanced Scorecard, Business Model Canvas, and Business Value of Information Technology

Ch. 17 Evaluating AIS Investments

Ch. 18 Systems Development and Project Management for AIS




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, ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)




Chapter 1 Accounting Information Systems and Firm Value



1) Accounting and Finance is a primary activity in the value chain.
ANSWER: FALSE
Diff: 1
Topic: The Value Chain and Accounting Information Systems
Learning Objective: 01-04 Describe how business processes affect the firm's value chain.
Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making

2) Accounting Information Systems at this date are all computerized.
ANSWER: FALSE
Diff: 1
Topic: Data versus Information
Learning Objective: 01-02 Distinguish among data, information, and an information system.
Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making

3) Business value includes all those items, events and interactions that determine the financial health
and well-being of the firm.
ANSWER: TRUE
Diff: 1
Topic: The Value Chain and Accounting Information Systems
Learning Objective: 01-04 Describe how business processes affect the firm's value chain.
Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making

4) The Certified Information Technology Professional (CITP) is a professional designation for those
with a broad range of technology knowledge and does not require a CPA.
ANSWER: FALSE
Diff: 1
Topic: Role of Accountants in Accounting Information Systems
Learning Objective: 01-03 Distinguish the roles of accountants in providing information, and explain certifications
related to accounting information systems.
Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making

5) The Certified Information Systems Auditor (CISA) is a professional designation generally sought
by those performing IT audits.
ANSWER: TRUE
Diff: 1
Topic: Role of Accountants in Accounting Information Systems
Learning Objective: 01-03 Distinguish the roles of accountants in providing information, and explain certifications
related to accounting information systems.
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, ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)
Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making

6) Information is defined as being data organized in a meaningful way that is useful to the user.
ANSWER: TRUE
Diff: 1
Topic: Data versus Information
Learning Objective: 01-02 Distinguish among data, information, and an information system.
Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making

7) Data is defined as being information organized in a meaningful way that is useful to the user.
ANSWER: FALSE
Diff: 1
Topic: Data versus Information
Learning Objective: 01-02 Distinguish among data, information, and an information system.
Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making

8) A systems analyst analyzes a business problem that might be addressed by an information system
and recommends software or systems to address that problem.
ANSWER: TRUE
Diff: 1
Topic: The Value Chain and Accounting Information Systems
Learning Objective: 01-04 Describe how business processes affect the firm's value chain.
Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making

9) A value chain is defined as the flow of materials, information, payments, and services from
customer to supplier.
ANSWER: FALSE
Diff: 1
Topic: The Value Chain and Accounting Information Systems
Learning Objective: 01-04 Describe how business processes affect the firm's value chain.
Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making

10) Relevant information is that information that is free from bias and error.
ANSWER: FALSE
Diff: 1
Topic: Definition of Accounting Information Systems; Attributes of Useful Information
Learning Objective: 01-01 Define an accounting information system, and explain characteristics of useful information.
Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making

11) The characteristics of relevant information include predictive value, feedback value and timeliness.
ANSWER: TRUE
Diff: 1
Topic: Definition of Accounting Information Systems; Attributes of Useful Information
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