TEST BANK
ACCOUNTING INFORMATION SYSTEMS, 2nd edition
By Vernon Richardson, Chengyee Chang
SC
O
R
EG
U
ID
ES
, TABLE OF CONTENT
Chapter 1: Accounting Information Systems and Firm Value
Chapter 2: Data Analytics: Addressing Accounting Questions with Data
Chapter 3: Data Analytics: Data Visualizations
Chapter 4: Process Modeling and Documentation Tools
Chapter 5: Data Modeling and Control Concepts
SC
Chapter 6: Relational Databases and Enterprise Systems
Chapter 7: Sales and Collections Business Process
Chapter 8: Purchases and Payments Business Process
O
Chapter 9: Conversion Business Process
Chapter 10: Integrated Project
R
Chapter 11: Accounting Information Systems and Internal Controls
Chapter 12: Cybersecurity and Computer Fraud
EG
Chapter 13: Monitoring and Auditing AIS
Chapter 14: Extensible Business Reporting Language (XBRL)
Chapter 15: Emerging Technologies: Blockchain and AI Automation
Chapter 16: The Balanced Scorecard and Business Value of Information
U
Technology
Chapter 17: Justifying and Planning IT Initiatives Using Project Management
ID
Techniques
ES
, Chapter 1
Accounting Information Systems: An Introduction
Answer Key
True / False Questions
1. Accounting and Finance is a primary activity in the value chain.
SC
Answer: FALSE
AACSB: Reflective Thinking
AICPA BB: Industry
AICPA FN: Decision Making
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-04 Describe how business processes affect the firm’s value chain.
Topic: The Value Chain and Accounting Information Systems
O
2. Accounting Information Systems at this date are all computerized.
Answer: FALSE
R
AACSB: Reflective Thinking
AICPA BB: Industry
AICPA FN: Decision Making
Blooms: Remember
EG
Difficulty: 1 Easy
Learning Objective: 01-02 Distinguish between data, information and an information system.
Topic: Data versus Information
3. Business value includes all those items, events and interactions that determine the financial health and
well-being of the firm.
Answer: TRUE
U
AACSB: Reflective Thinking
AICPA BB: Industry
AICPA FN: Decision Making
Blooms: Remember
Difficulty: 1 Easy
ID
Learning Objective: 01-04 Describe how business processes affect the firm’s value chain.
Topic: The Value Chain and Accounting Information Systems
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.
ES
Answer: FALSE
AACSB: Reflective Thinking
AICPA BB: Industry
AICPA FN: Decision Making
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-03 Distinguish the roles of accountants in providing information and explain certifications related to accounting information
systems
Topic: Role of Accountants in Accounting Information Systems
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
, 5. The Certified Information Systems Auditor (CISA) is a professional designation generally sought by those
performing IT audits.
Answer: TRUE
AACSB: Reflective Thinking
AICPA BB: Industry
AICPA FN: Decision Making
Blooms: Remember
Difficulty: 1 Easy
SC
Learning Objective: 01-03 Distinguish the roles of accountants in providing information and explain certifications related to accounting information
systems
Topic: Role of Accountants in Accounting Information Systems
O
R
EG
U
ID
ES
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
ACCOUNTING INFORMATION SYSTEMS, 2nd edition
By Vernon Richardson, Chengyee Chang
SC
O
R
EG
U
ID
ES
, TABLE OF CONTENT
Chapter 1: Accounting Information Systems and Firm Value
Chapter 2: Data Analytics: Addressing Accounting Questions with Data
Chapter 3: Data Analytics: Data Visualizations
Chapter 4: Process Modeling and Documentation Tools
Chapter 5: Data Modeling and Control Concepts
SC
Chapter 6: Relational Databases and Enterprise Systems
Chapter 7: Sales and Collections Business Process
Chapter 8: Purchases and Payments Business Process
O
Chapter 9: Conversion Business Process
Chapter 10: Integrated Project
R
Chapter 11: Accounting Information Systems and Internal Controls
Chapter 12: Cybersecurity and Computer Fraud
EG
Chapter 13: Monitoring and Auditing AIS
Chapter 14: Extensible Business Reporting Language (XBRL)
Chapter 15: Emerging Technologies: Blockchain and AI Automation
Chapter 16: The Balanced Scorecard and Business Value of Information
U
Technology
Chapter 17: Justifying and Planning IT Initiatives Using Project Management
ID
Techniques
ES
, Chapter 1
Accounting Information Systems: An Introduction
Answer Key
True / False Questions
1. Accounting and Finance is a primary activity in the value chain.
SC
Answer: FALSE
AACSB: Reflective Thinking
AICPA BB: Industry
AICPA FN: Decision Making
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-04 Describe how business processes affect the firm’s value chain.
Topic: The Value Chain and Accounting Information Systems
O
2. Accounting Information Systems at this date are all computerized.
Answer: FALSE
R
AACSB: Reflective Thinking
AICPA BB: Industry
AICPA FN: Decision Making
Blooms: Remember
EG
Difficulty: 1 Easy
Learning Objective: 01-02 Distinguish between data, information and an information system.
Topic: Data versus Information
3. Business value includes all those items, events and interactions that determine the financial health and
well-being of the firm.
Answer: TRUE
U
AACSB: Reflective Thinking
AICPA BB: Industry
AICPA FN: Decision Making
Blooms: Remember
Difficulty: 1 Easy
ID
Learning Objective: 01-04 Describe how business processes affect the firm’s value chain.
Topic: The Value Chain and Accounting Information Systems
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.
ES
Answer: FALSE
AACSB: Reflective Thinking
AICPA BB: Industry
AICPA FN: Decision Making
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-03 Distinguish the roles of accountants in providing information and explain certifications related to accounting information
systems
Topic: Role of Accountants in Accounting Information Systems
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
, 5. The Certified Information Systems Auditor (CISA) is a professional designation generally sought by those
performing IT audits.
Answer: TRUE
AACSB: Reflective Thinking
AICPA BB: Industry
AICPA FN: Decision Making
Blooms: Remember
Difficulty: 1 Easy
SC
Learning Objective: 01-03 Distinguish the roles of accountants in providing information and explain certifications related to accounting information
systems
Topic: Role of Accountants in Accounting Information Systems
O
R
EG
U
ID
ES
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
