TEST BANK For Accounting Information Systems, 4th Edition by Vernon Richardson, Verified Chapters 1 - 17, Complete. >Download as Pdf File< UPDATED 2025

TEST BANK For Accounting Information Systems,
4th Edition by Vernon Richardson,
Verified Chapters 1 - 17, Complete

, Chapter 1: Accounting Information Systems and Firm Value

Chapter 2: Data Analytics: Addressing Accounting Questions with Data

Chapter 3: Data Analytics: Data Visualizations

Chapter 4: Process Modeling and Documentation Tools

Chapter 5: Data Modeling and Control Concepts

Chapter 6: Relational Databases and Enterprise Systems

Chapter 7: Sales and Collections Business Process

Chapter 8: Purchases and Payments Business Process

Chapter 9: Conversion Business Process

Chapter 10: Integrated Project

Chapter 11: Accounting Information Systems and Internal Controls

Chapter 12: Cybersecurity and Computer Fraud

Chapter 13: Monitoring and Auditing AIS

Chapter 14: eXtensible Business Reporting Language (XBRL)

Chapter 15: Emerging Technologies: Blockchain and AI Automation

Chapter 16: The Balanced Scorecard and Business Value of Information Technology

Chapter 17: Justifying and Planning IT Initiatives Using Project Management Techniques


Chapter 1 Accounting Information Systems and Firm Value




1) Accounting and Finance is a primary activity in the value chain.
ANSWER: FALSE
Diff: 1
Topic: The Value Chain and Accounting Information Systems
Learning Objective: 01-04 Describe how business processes affect the firm's
value chain. Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making

, ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)
2) Accounting Information Systems at this date are all computerized.
ANSWER: FALSE
Diff: 1
Topic: Data versus Information
Learning Objective: 01-02 Distinguish among data, information, and an
information system. Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making

3) Business value includes all those items, events and interactions that determine the financial health
and well-being of the firm.
ANSWER: TRUE
Diff: 1
Topic: The Value Chain and Accounting Information Systems
Learning Objective: 01-04 Describe how business processes affect the firm's
value chain. Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making

4) The Certified Information Technology Professional (CITP) is a professional designation for those
with a broad range of technology knowledge and does not require a CPA.
ANSWER: FALSE
Diff: 1
Topic: Role of Accountants in Accounting Information Systems
Learning Objective: 01-03 Distinguish the roles of accountants in providing information, and
explain certifications related to accounting information systems.
Bloom's: Remember
AACSB: Reflective
Thinking
AICPA: BB Industry; FN Decision Making

5) The Certified Information Systems Auditor (CISA) is a professional designation generally sought
by those performing IT audits.
ANSWER: TRUE
Diff: 1
Topic: Role of Accountants in Accounting Information Systems
Learning Objective: 01-03 Distinguish the roles of accountants in providing information, and
explain certifications related to accounting information systems.
Bloom's: Remember
AACSB: Reflective
Thinking
AICPA: BB Industry; FN Decision Making

6) Information is defined as being data organized in a meaningful way that is useful to the user.
ANSWER: TRUE
Diff: 1
Topic: Data versus Information
Learning Objective: 01-02 Distinguish among data, information, and an
information system. Bloom's: Remember
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, ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making

7) Data is vdefined vas vbeing vinformation vorganized vin va vmeaningful vway vthat vis vuseful vto
vthe vuser. vANSWER: v FALSE
Diff: v1
Topic: v Data vversus vInformation
Learning vObjective: v 01-02 vDistinguish vamong vdata, vinformation, vand van
vinformation vsystem. vBloom's: v Remember
AACSB: v Reflective vThinking
AICPA: v BB vIndustry; vFN vDecision vMaking

8) A vsystems vanalyst vanalyzes va vbusiness vproblem vthat vmight vbe vaddressed vby van vinformation
vsystem vand vrecommends vsoftware vor vsystems vto vaddress vthat vproblem.

ANSWER: v TRUE
Diff: v1
Topic: v The vValue vChain vand vAccounting vInformation vSystems
Learning vObjective: v 01-04 vDescribe vhow vbusiness vprocesses vaffect vthe
vfirm's vvalue vchain. vBloom's: v Remember
AACSB: v Reflective vThinking
AICPA: v BB vIndustry; vFN vDecision vMaking

9) A vvalue vchain vis vdefined vas vthe vflow vof vmaterials, vinformation, vpayments, vand
vservices vfrom vcustomer vto vsupplier.

ANSWER: v FALSE
Diff: v1
Topic: v The vValue vChain vand vAccounting vInformation vSystems
Learning vObjective: v 01-04 vDescribe vhow vbusiness vprocesses vaffect vthe
vfirm's vvalue vchain. vBloom's: v Remember
AACSB: v Reflective vThinking
AICPA: v BB vIndustry; vFN vDecision vMaking

10) Relevant vinformation vis vthat vinformation vthat vis vfree vfrom vbias vand
verror. vANSWER: v FALSE
Diff: v1
Topic: v Definition vof vAccounting vInformation vSystems; vAttributes vof vUseful vInformation
Learning vObjective: v 01-01 vDefine van vaccounting vinformation vsystem, vand vexplain vcharacteristics
vof vuseful vinformation. vBloom's: v Remember
AACSB: v Reflective vThinking
AICPA: v BB vIndustry; vFN vDecision vMaking

11) The vcharacteristics vof vrelevant vinformation vinclude vpredictive vvalue, vfeedback vvalue vand
vtimeliness. vANSWER: v TRUE
Diff: v1
Topic: v Definition vof vAccounting vInformation vSystems; vAttributes vof vUseful vInformation
Learning vObjective: v 01-01 vDefine van vaccounting vinformation vsystem, vand vexplain vcharacteristics
vof vuseful vinformation. vBloom's: v Remember
AACSB: v Reflective vThinking
AICPA: v BB vIndustry; vFN vDecision vMaking
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