1
,2
,Test Bank Accounting Information Systems, 4th Edition by Vernon Richardson
B! B! B! B! B! B! B! B! B!
Answers Included B!
Chap 01 4e Richardson
B! B! B!
1) Accounting and Finance is a primary activity in the value chain.
B! B! B! B! B! B! B! B! B! B!
⊚ true B !
⊚ false B !
2) As of today, Accounting Information Systems are all computerized.
B! B! B! B! B! B! B! B!
⊚ true B !
⊚ false B !
3) Business value includes all those items, events and interactions that determine the financi
B! B! B! B! B! B! B! B! B! B! B! B!
al health and well-being of the firm.
B! B! B! B! B! B!
⊚ true B !
⊚ false B !
4) The Certified Information Technology Professional (CITP) is a professional designation f
B! B! B! B! B! B! B! B! B! B!
or those with a broad range of technology knowledge and does not require a CPA.
B! B! B! B! B! B! B! B! B! B! B! B! B! B!
⊚ true B !
⊚ false B !
5) The Certified Information Systems Auditor (CISA) is a professional designation generall
B! B! B! B! B! B! B! B! B! B!
y sought by those performing IT audits.
B! B! B! B! B! B!
⊚ true B !
⊚ false B !
6) Information is defined as being data organized in a meaningful way that is useful to the user.
B! B! B! B! B! B! B! B! B! B! B! B! B! B! B! B!
⊚ true B !
⊚ false B !
7) Data is defined as being information organized in a meaningful way that is useful to the user.
B! B! B! B! B! B! B! B! B! B! B! B! B! B! B! B!
⊚ true B !
⊚ false B !
3
, 8) An AIS may create value by giving access to management information relevant to t
B! B! B! B! B! B! B! B! B! B! B! B! B!
he decision makers.
B! B!
⊚ true B !
⊚ false B !
9) An AIS may create value by providing an internal control structure needed to make sure t
B! B! B! B! B! B! B! B! B! B! B! B! B! B! B!
he information is secure, reliable, and free from error.
B! B! B! B! B! B! B! B!
⊚ true B !
⊚ false B !
10) Relevant information’s most defining characteristic is that it is free from bias and error.
B! B! B! B! B! B! B! B! B! B! B! B! B!
⊚ true B !
⊚ false B !
11) The characteristics of relevant information include predictive value, feedback value an
B! B! B! B! B! B! B! B! B! B!
d timeliness.
B!
⊚ true B !
⊚ false B !
12) A faithful representation of the underlying event should reflect the bias of the system analyst.
B! B! B! B! B! B! B! B! B! B! B! B! B! B!
⊚ true B !
⊚ false B !
13) Information overload is defined as the difficulty a person faces in understanding a proble
B! B! B! B! B! B! B! B! B! B! B! B! B!
m and making a decision as a consequence of too much information.
B! B! B! B! B! B! B! B! B! B! B!
⊚ true B !
⊚ false B !
14) The main financial benefit of Customer Relationship Management practices reduces the co
B! B! B! B! B! B! B! B! B! B! B!
st of goods sold.
B! B! B!
⊚ true B !
⊚ false B !
4
,2
,Test Bank Accounting Information Systems, 4th Edition by Vernon Richardson
B! B! B! B! B! B! B! B! B!
Answers Included B!
Chap 01 4e Richardson
B! B! B!
1) Accounting and Finance is a primary activity in the value chain.
B! B! B! B! B! B! B! B! B! B!
⊚ true B !
⊚ false B !
2) As of today, Accounting Information Systems are all computerized.
B! B! B! B! B! B! B! B!
⊚ true B !
⊚ false B !
3) Business value includes all those items, events and interactions that determine the financi
B! B! B! B! B! B! B! B! B! B! B! B!
al health and well-being of the firm.
B! B! B! B! B! B!
⊚ true B !
⊚ false B !
4) The Certified Information Technology Professional (CITP) is a professional designation f
B! B! B! B! B! B! B! B! B! B!
or those with a broad range of technology knowledge and does not require a CPA.
B! B! B! B! B! B! B! B! B! B! B! B! B! B!
⊚ true B !
⊚ false B !
5) The Certified Information Systems Auditor (CISA) is a professional designation generall
B! B! B! B! B! B! B! B! B! B!
y sought by those performing IT audits.
B! B! B! B! B! B!
⊚ true B !
⊚ false B !
6) Information is defined as being data organized in a meaningful way that is useful to the user.
B! B! B! B! B! B! B! B! B! B! B! B! B! B! B! B!
⊚ true B !
⊚ false B !
7) Data is defined as being information organized in a meaningful way that is useful to the user.
B! B! B! B! B! B! B! B! B! B! B! B! B! B! B! B!
⊚ true B !
⊚ false B !
3
, 8) An AIS may create value by giving access to management information relevant to t
B! B! B! B! B! B! B! B! B! B! B! B! B!
he decision makers.
B! B!
⊚ true B !
⊚ false B !
9) An AIS may create value by providing an internal control structure needed to make sure t
B! B! B! B! B! B! B! B! B! B! B! B! B! B! B!
he information is secure, reliable, and free from error.
B! B! B! B! B! B! B! B!
⊚ true B !
⊚ false B !
10) Relevant information’s most defining characteristic is that it is free from bias and error.
B! B! B! B! B! B! B! B! B! B! B! B! B!
⊚ true B !
⊚ false B !
11) The characteristics of relevant information include predictive value, feedback value an
B! B! B! B! B! B! B! B! B! B!
d timeliness.
B!
⊚ true B !
⊚ false B !
12) A faithful representation of the underlying event should reflect the bias of the system analyst.
B! B! B! B! B! B! B! B! B! B! B! B! B! B!
⊚ true B !
⊚ false B !
13) Information overload is defined as the difficulty a person faces in understanding a proble
B! B! B! B! B! B! B! B! B! B! B! B! B!
m and making a decision as a consequence of too much information.
B! B! B! B! B! B! B! B! B! B! B!
⊚ true B !
⊚ false B !
14) The main financial benefit of Customer Relationship Management practices reduces the co
B! B! B! B! B! B! B! B! B! B! B!
st of goods sold.
B! B! B!
⊚ true B !
⊚ false B !
4
