Solution Manual for Accounting Information Systems, 4th Edition by Vernon Richardson, Chengyee Chang, Rod Smith

Solutions Manual For Accounting Information Systems 4e Vernon Richardson,C
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hengyee Chang, Rod Smith All Chapters
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Chapter 1: Accounting Information Systems and Firm Value
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MultipleDChoiceDQuestions

1. (LOD1-1)DAccountingDinformationDsystems

a. areDalwaysDcomputerized.
b. reportDonlyDfinanciallyDrelatedDinformation.
c. areDinformationDsystemsDthatDrecord,Dprocess,DandDreportDonDtransactionsDtoDprovideDfinanci
alDandDnonfinancialDinformationDforDdecisionDmakingDandDcontrol.
d. requireDaDCITPDdesignationDtoDunderstand.

Answer:DC

2. (LOD1-1)DWhichDofDtheDfollowingDisDaDcharacteristicDofDrelevance?

a. Materiality
b. Timeliness
c. Verifiable
d. CostDtoDgenerat

eDAnswer:DA

3. (LOD1-2)DWhichDofDtheDfollowingDisDconsideredDtoDbeDmandatoryDinformationDrequiredDbyDaDregulatory
body?

a. 10-QDsubmissionDtoDtheDSecuritiesDandDExchangeDCommission
b. TheDcostDtoDproduceDaDSamsungDGalaxy
c. TheDnumberDofDorganicDbananasDthatDareDsoldDatDWholeDFoodsDonDJulyD28
d. TheDcostDtoDbuildDanDall-

newDStarbucksDrestaurantDinDShenzhen,DChinaDAnswer:DA

4. (LOD1-4)DTheDcorrectDorderDofDeventsDinDtheDvalueDchainDis

a. InboundDlogisticsD➛DOperationsD➛DService.
b. InboundDlogisticsD➛DOutboundDlogisticsD➛DMarketingDandDsales.
c. InboundDlogisticsD➛DOperationsD➛DOutboundDlogistics.
d. InboundDlogisticsD➛DOperationsD➛DMarketingDandDSales.

Answer:DC

5. (LOD1-8)DWhichDsystemDcontributesDinformationDonDdirectDlaborDtoDaDcostDaccountingDsystem?

a. SupplyDchainDmanagementDsystemD(SCMS)

, EndDofDChapterDSolutionsDManual:DRichardson,DChang,DSmith,DAccountingDInformationDSystems,D4thDediti
on

b. FinancialDreportingDsystemD(FRS)
c. CustomerDRelationalDManagementDSystemD(CRM)
d. HumanDresourceDmanagementDsystemD(HRMS

)DAnswer:DD

6. (LOD1-7)DADsupplyDchain

a. suppliesDjewelryDchains.
b. refersDtoDtheDflowDofDmaterials,Dinformation,Dpayments,DandDservices.
c. isDsimilarDinDfunctionDandDpurposeDtoDtheDvalueDchain.
d. doesDnotDapplyDtoDaDserviceDfirmDlikeDanDaccountingDfirm.

Answer:DB

7. (LOD1-7)DCustomerDrelationshipDmanagementDsoftwareDdoesDnotDincludeDinformationDabout

a. currentDcustomers.
b. prospectiveDcustomers.
c. formerDcustomers.
d. currentDemployees.

Answer:DD

8. (LOD1-
6)DAnDinformationDsystemDthatDmeasuresDandDrecordsDaccountingDtransactionsDandDreportsDthemDinD
theDfinancialDstatementsDisDcalledDa

a. financialDreportingDsystemD(FRS).
b. enterpriseDsystemD(ES).
c. manufacturingDsystemD(MS).
d. costDaccountingDsystem.

Answer:DA

9. (LOD1-
3)DWhatDisDtheDnameDofDtheDpositionDforDaDpersonDresponsibleDforDdeterminingDInformationDneedsDo
fDaDbusinessDandDdesigningDaDsystemDtoDmeetDthoseDneeds?

a. ChiefDinformationDofficer
b. Controller
c. ITDauditor
d. SystemsDanalyst

Answer:DD
D

, EndDofDChapterDSolutionsDManual:DRichardson,DChang,DSmith,DAccountingDInformationDSystems,D4thDediti
on

10. (LOD1-
9)DTheDbalanceDsheetDaccountDmostDlikelyDaffectedDbyDanDAISDinvestmentDinDsupplyDchainDmanage
mentDsoftwareDwouldDbe

a. inventories.
b. fixedDassets.
c. cashDandDcashDequivalents.
d. unearnedDrevenue.

Answer:DA

11. (LOD1-7)DTheDsoftware/systemDthatDhelpsDmakeDsureDtheDretailDfirmDdoesn’tDhaveDaDstockoutDis

a. supplyDchainDmanagementDsoftware.
b. customerDrelationshipDmanagementDsoftware.
c. enterpriseDsystems.
d. humanDresourceDsystems.

Answer:DA

12. (LOD1-
9)DDataDanalyticsDperformedDtoDidentifyDtheDmostDprofitableDcustomersDwouldDbeDmostDlikelyDtoDaffectDw
hichDincomeDstatementDaccount?

a. Selling,Dgeneral,DandDadministrativeDexpensesD(SG&A)
b. InterestDexpense
c. Revenues
d. CostDofDgoodsDsol

dDAnswer:DC

13. (LOD1-7,DLOD1-9)DCustomerDrelationshipDmanagementDsystemsDwouldDgenerallyDbeDconsideredDtoDbe
an

a. internalDbusinessDprocess.
b. externalDbusinessDprocess.
c. interiorDbusinessDprocess.
d. exteriorDbusinessDprocess.

Answer:DB

14. (LOD1-
3)DAnDauditorDtestingDinternalDcontrolsDwouldDgenerallyDbeDconsideredDtoDfillDwhichDroleDwithDrespectD
toDaccountingDinformationDsystems?

a. User

, EndDofDChapterDSolutionsDManual:DRichardson,DChang,DSmith,DAccountingDInformationDSystems,D4thDediti
on b. Manager
c. Designer