accounting information systems vernom richardson

, Chapter 1 v v


Accounting Information Systems: An Introduction
v v v v


Answer Key v




True / False Questions
v v v


1. AccountingvandvFinancevisvavprimaryvactivityvinvthevvaluevchain.

Answer: FALSE
AACSB:vReflectivevThinkin
gvAICPAvBB:vIndust
ry
AICPAvFN:vDecisionvMakin
gvBlooms:vRememb
ervDifficulty:v1vEasy
LearningvObjective:v01-04vDescribevhowvbusinessvprocessesvaffectvthevfirm’svvaluevchain.
Topic:vThevValuevChainvandvAccountingvInformationvSystems




2. AccountingvInformationvSystemsvatvthisvdatevarevallvcomputerized.

Answer:vvv FALSE
AACSB:vReflectivevThinkin
gvAICPAvBB:vIndust
ry
AICPAvFN:vDecisionvMakin
gvBlooms:vRememb
ervDifficulty:v1vEasy
LearningvObjective:v01-02vDistinguishvbetweenvdata,vinformationvandvanvinformationvsystem.
Topic:vDatavversusvInformation


3. Businessvvaluevincludesvallvthosevitems,veventsvandvinteractionsvthatvdeterminevthevfinancialvhealthvandv
well-beingvofvthevfirm.

Answer:vvv TRUE
AACSB:vReflectivevThinkin
gvAICPAvBB:vIndust
ry
AICPAvFN:vDecisionvMakin
gvBlooms:vRememb
ervDifficulty:v1vEasy
LearningvObjective:v01-04vDescribevhowvbusinessvprocessesvaffectvthevfirm’svvaluevchain.
Topic:vThevValuevChainvandvAccountingvInformationvSystems




4. ThevCertifiedvInformationvTechnologyvProfessionalv(CITP)visvavprofessionalvdesignationvforvthosevwithvav
broadvrangevofvtechnologyvknowledgevandvdoesvnotvrequirevavCPA.

Answer: FALSE
AACSB:vReflectivevThinkin
gvAICPAvBB:vIndust
ry
AICPAvFN:vDecisionvMakin
gvBlooms:vRememb
ervDifficulty:v1vEasy
LearningvObjective:v01-03vDistinguishvthevrolesvofvaccountantsvinvprovidingvinformationvandvexplainvcertificationsvrelatedvtovaccountingvinformation
systems
vTopic:vRolevofvAccountantsvinvAccountingvInformationvSystem
s

©v2014vbyvMcGraw-
HillvEducation.vThisvisvproprietaryvmaterialvsolelyvforvauthorizedvinstructorvuse.vNotvauthorizedvforvsalevorvdistributionvinvanyvmanner.
Thisvdocumentvmayvnotvbevcopied,vscanned,vduplicated,vforwarded,vdistributed,vorvpostedvonvavwebsite,vinvwholevorvpart.

,5. ThevCertifiedvInformationvSystemsvAuditorv(CISA)visvavprofessionalvdesignationvgenerallyvsoughtvbyvthosev
performingvITvaudits.

Answer:vvv TRUE
AACSB:vReflectivevThinkin
gvAICPAvBB:vIndust
ry
AICPAvFN:vDecisionvMakin
gvBlooms:vRememb
ervDifficulty:v1vEasy
LearningvObjective:v01-03vDistinguishvthevrolesvofvaccountantsvinvprovidingvinformationvandvexplainvcertificationsvrelatedvtovaccountingvinformation
systems
vTopic:vRolevofvAccountantsvinvAccountingvInformationvSystem
s




©v2014vbyvMcGraw-
HillvEducation.vThisvisvproprietaryvmaterialvsolelyvforvauthorizedvinstructorvuse.vNotvauthorizedvforvsalevorvdistributionvinvanyvmanner.
Thisvdocumentvmayvnotvbevcopied,vscanned,vduplicated,vforwarded,vdistributed,vorvpostedvonvavwebsite,vinvwholevorvpart.

, 6. Informationvisvdefinedvasvbeingvdatavorganizedvinvavmeaningfulvwayvthatvisvusefulvtovthevuser.

Answer:vvv TRUE
AACSB:vReflectivevThinkin
gvAICPAvBB:vIndust
ry
AICPAvFN:vDecisionvMakin
gvBlooms:vRememb
ervDifficulty:v1vEasy
LearningvObjective:v01-02vDistinguishvbetweenvdata,vinformationvandvanvinformationvsystem.
Topic:vDatavversusvInformation




©v2014vbyvMcGraw-
HillvEducation.vThisvisvproprietaryvmaterialvsolelyvforvauthorizedvinstructorvuse.vNotvauthorizedvforvsalevorvdistributionvinvanyvmanner.
Thisvdocumentvmayvnotvbevcopied,vscanned,vduplicated,vforwarded,vdistributed,vorvpostedvonvavwebsite,vinvwholevorvpart.