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i Edition) 15th Edition | Marshall B. Romney & Paul J. Steinbart |
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All Chapters Verified A+ Grade Solutions 2026–2027
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Allchapterscovered
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,AccountingInformationSystems(GlobalEdition)15eMarshallRomneyPaul
iSteinbart(TestBankAllChapters,100%OriginalVerified,A+Grade)
AccountingInformationSystems,15e,GlobalEdition(Romney)
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Chapter1 ConceptualFoundationsofAccountingInformationSystems
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1 Distinguishdatafrominformation,discussthecharacteristicsofusefulinformation,andexplain
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howtodeterminethevalueofinformation.
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1) Whichofthefollowingstatementsbelowshowsthecontrastbetweendataandinformation?
A) Dataistheprimaryoutputof anaccountinginformationsystem. i i
B) Informationistheprimaryoutputof an accountinginformationsystem. i i
C) Dataismoreusefulindecision makingthaninformation. i
D) Dataandinformation arethesame. e
Answer: B i
Concept: Theconceptofinformation
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Objective: LearningObjective1
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Difficulty: Easy
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AACSB: AnalyticalThinking
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2) Whenasubsystem'sgoalsareinconsistentwiththegoalsofanothersubsystemorwiththe i
isystemasawhole,itcreates
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A) systeminconsistence.
B) systemconflict.
C) goalinconsistence.
D) goalconflict.
Answer: D i
Concept: Theconceptofinformation
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Objective: LearningObjective1
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Difficulty: Easy
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AACSB: AnalyticalThinking
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3) When asubsystem achievesitsgoalswhilecontributingtotheorganization'soverallgoal,itis
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icalled
A) systemmatch.
B) systemcongruence.
C) goalcongruence.
D) goalmatch.
Answer: C i
Concept: Theconceptofinformation
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Objective: LearningObjective1
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Difficulty: Easy
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AACSB: AnalyticalThinking
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1
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,4) Informationisbestdescribed as i
A) rawfactsabouttransactions.
B) datathathasbeenorganizedandprocessedsothatit ismeaningfultotheuser. i i
C) facts thatareusefulwhenprocessedinatimelymanner.
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D) thesamethingasdata. e
Answer: B i
Concept: Theconceptofinformation
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Objective: LearningObjective1
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Difficulty: Easy
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AACSB: AnalyticalThinking i i
5) Thevalueofinformationcanbestbedeterminedby i i i
A) itsusefulnesstodecisionmakers.
B) itsrelevancetodecisionmakers.
C) thebenefitsassociatedwithobtainingtheinformationminusthecostofproducing i i it.
D) theextent towhichitoptimizesthevaluechain.
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Answer: C i
Concept: Theconceptofinformation
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Objective: LearningObjective1
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Difficulty: Moderate
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AACSB: AnalyticalThinking i i
6) Anaccountinginformationsystem(AIS)processes
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A) data;information
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B) data;transactions
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C) information;data i
D) data;benefits
Answer: A i
Concept: Theconceptofinformation
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Objective: LearningObjective1
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Difficulty: Easy
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AACSB: AnalyticalThinking i i
7) informationreducesuncertainty,improvesdecisionmakers'abilitytomake
ipredictions,orconfirmsexpectations. i
A) Timely
B) Reliable
C) Relevant
D) Complete
Answer: C i
Concept: Informationneedsandbusinessprocesses
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Objective: LearningObjective1
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Difficulty: Easy i
AACSB: AnalyticalThinking i i
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, 8) Informationthat isfreefromerrororbiasandaccuratelyrepresentstheeventsoractivitiesofthe
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iorganizationis
A) relevant.
B) accurate.
C) verifiable.
D) timely.
Answer: Bi
Concept: Theconceptofinformation
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Objective: LearningObjective1
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Difficulty: Easy
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AACSB: AnalyticalThinking
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9) Informationthatdoesnotomitimportant aspectsoftheunderlyingeventsoractivitiesthatit
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imeasuresis
A) complete.
B) accessible.
C) relevant.
D) timely.
Answer: Ai
Concept: Theconceptofinformation
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Objective: LearningObjective1
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Difficulty: Easy
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AACSB: AnalyticalThinking
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10) Informationis whentwoknowledgeablepeopleindependentlyproducethesame
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information.
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A) verifiable
B) relevant
C) reliable
D) complete
Answer: Ai
Concept: Theconceptofinformation
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Objective: LearningObjective1
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Difficulty: Easy
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AACSB: AnalyticalThinking
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