Test Bank For Accounting Information Systems 3e Vernon Richardson, Janie Chang, Rodney Smith, Answers At The End Of Each Chapter

Test Bank For Accounting Information Systems 3e Vernon Richardson, Janie Chang, Rodney Smith, Answers At The End Of Each Chapter-1) After a college football game, a box score is produced detailing the number of yards passing and running, receptions made and the number of interceptions and fumbles lost (among other statistics). Using the characteristics of useful information (including relevance and reliability), please explain how this box score meets (or does not meet) the characteristics of useful information. How would the football coach use this information to prepare for the next game, decide which players to start, etc.? 2) List and explain three ways that AIS affects the income statement and the firm’s profitability. 3) Some would argue that the role of accounting is simply as an information provider. Others suggest that accountants serve the role of business analyst. Which role produces more value for a company like Starbucks? In the area of accounting information systems, what specifically can the accountant do to serve as a business analyst to help address business opportunities? . 2 4) Explain the types of discretionary information a company like Google would collect from its accounting information system. 5) Why would the transform IT strategic role be more impactful on stock price than the automate IT strategic role? 6) Stephen Gillett, Starbucks CIO, argues that his most crucial duty is to enhance Starbucks’ ability to mine its customer data to help “reignite our passion with our customers.” Starbucks used loyalty cards (Starbucks’ Reward cards) and surveys to track its customers’ purchases and build profiles of their customers as mentioned in the opening chapter vignette. Why is this a good example of customer relationship management (CRM)? 7) Michael Dell of Dell Computer explained: “We tell our suppliers exactly what our daily production requirements are so it is not, "Well, every two weeks deliver 5,000 to this warehouse, and we'll put them on the shelf, and then we'll take them off the shelf." It is, "Tomorrow morning we need 8,562, and deliver them to door number seven by 7 am." How does the supply chain management software allow this to happen? And how does it save Dell money?