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Exam (elaborations)

AIS Exam #1, Chapters 1 – 6 || ALL POSSIBLE QUESTIONS & ANSWERS 100% ACCURATE!!

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Themes of this textbook correct answers Enterprise Systems E-Business Controls 10 elements are included in the study of AIS: correct answers Communications, accounting and auditing principles Technology, databases, reporting, control Business operations, events processing, management decision making, systems development and operation Organization, interrelationships, integration, and central objectives must be present in a system because: correct answers A system is a set of interdependent elements that together accomplish specific objectives Are the terms system and subsystem synonymous? correct answers No. Each part of a system is known as a subsystem What is the relationship between an AIS and an IS? correct answers An AIS cannot be distinguished separately from an IS What are three logical components of a business process? correct answers Management, operations and information processes The information system is important to the success of the organization by: correct answers Facilitating operations processes and providing information for the organization's management An entity is correct answers an accounting system is a resource, event, or agent about which data are collected. (Resources include inventory, equipment, cash) (Events include orders, sales, purchases Agents include customers, employees, vendors) An instance of an entity: correct answers is one specific thing of the type defined entity Two major functions of an information system are: correct answers This information can supplement accounting information and can assist managers in their decision making

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2024/2025
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AIS Exam #1, Chapters 1 – 6 || ALL POSSIBLE
QUESTIONS & ANSWERS 100% ACCURATE!!
Themes of this textbook correct answers Enterprise Systems

E-Business

Controls

10 elements are included in the study of AIS: correct answers Communications, accounting
and auditing principles

Technology, databases, reporting, control

Business operations, events processing, management decision making, systems development
and operation

Organization, interrelationships, integration, and central objectives must be present in a
system because: correct answers A system is a set of interdependent elements that together
accomplish specific objectives

Are the terms system and subsystem synonymous? correct answers No. Each part of a system
is known as a subsystem

What is the relationship between an AIS and an IS? correct answers An AIS cannot be
distinguished separately from an IS

What are three logical components of a business process? correct answers Management,
operations and information processes

The information system is important to the success of the organization by: correct answers
Facilitating operations processes and providing information for the organization's
management

An entity is correct answers an accounting system is a resource, event, or agent about which
data are collected.

(Resources include inventory, equipment, cash)

(Events include orders, sales, purchases

Agents include customers, employees, vendors)

An instance of an entity: correct answers is one specific thing of the type defined entity

Two major functions of an information system are: correct answers This information can
supplement accounting information and can assist managers in their decision making

,Factors that distinguish data from information are all of the following: correct answers Data
must be transformed into information

Information is data

Data are facts or figures in raw form

Qualities of information include all of the following correct answers Integrity, Relevance,
Understandability

What are the three steps in decision making? correct answers Intelligence, Design, Choice

How do horizontal and vertical information flows differ? correct answers Operations and
information flows are both horizontal and vertical

What is structure as it relates to decisions? correct answers Structure is the degree of
repetition and routine in the decision

What roles can an accountant assume/fill in relation to the AIS? correct answers Designer,
Auditor, User

______ ______ is a process designed to provide confidence that the organization is achieving
its objectives. correct answers Internal Control

______ ______ integrate the business processes and information from all of an organization's
functional areas. correct answers Enterprise Systems

______ ______ is the use of electronic networks (including the Internet) to enable business
processes between individuals and organizations. correct answers E-Business

______ ______ are software packages that can be used to support enterprise systems. correct
answers ERP Systems (Enterprise Resource Planning Systems)

Business processes include: correct answers Business operations, events processing,
management decision making

The difference between system and subsystem is: correct answers Each part of a system is
known as a subsystem

The ______ ______is a system consisting of the people, equipment, organization, policies,
and procedures whose objective is to accomplish the work of the organization. correct
answers Operations process

What is data? correct answers The measurements of objects and events, Can be transformed
into information, Facts or figures in raw form

Information is all of the following: correct answers Data presented in a form that is useful in
a decision-making activity

Reduces uncertainty and increases knowledge about a particular area of concern

, Has value to the decision maker

If information has integrity, then it is: correct answers Free of error and complete

If information has reliability, then it is: correct answers Regarded as true and credible

If information has confidentiality, then it is: correct answers Has restricted access

______ ______ requires summarized and external information. correct answers Strategic
management

______ ______ require information that is summarized, broader in scope, and need not be
accurate correct answers Tactical management

______ ______ require information that is an aggregate of data related to several business
events correct answers Operations managers

______is the degree of repetition and routine in the decision. correct answers Structure

The ________ _______ is the central repository for all the data related to the enterprise's
business activities and resources: correct answers Enterprise database

______ ______ is the process of making choices. correct answers Decision making

Which questions do accountants address when designing AIS? correct answers What will be
recorded?

What controls are necessary?

What reports will be produced?

The following are key features/characteristics of an enterprise system: correct answers
Integration of the major business processes

Automation or computerization of business processes

The following are key features/characteristics of an enterprise resource planning (ERP)
system : correct answers Integration of the major business processes

Automation or computerization of business process

**Consists of modules**

All of the following are true about add-on modules to an ERP system except that they: correct
answers Can be used to enhance the interface with business partners but not with customers

Which of the following is true about enterprise application integration (EAI)? correct answers
EAI is an approach that combines processes, software, standards, and hardware to link two or
more systems together.

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