Test Bank (AIS) Accounting information systems 11th edition bodnar Hopwood All Chapters Covered

,Accounting f#Information f#Systems, f#11e
f#(Bodnar/Hopwood) f # Chapter f#1 f# f # Accounting

f#Information f#Systems: f#An f#Overview




1) A f#system f#is f#a f#collection f#of f#related f#resources f#designed f#to f#help f#a f#company
f#achieve f#specified f # objectives.

Answer:
f # TRUE f # Diff: f#1

Learning f#Obj.: f # 1

2) Accounting f#information f#systems f#are f#designed f#to f#gather f#and f#utilize
f#information f#which f#may f # cost f#more f#to f#provide f#than f#it f#is f#worth f#to f#the

f#user.

Answer:
f # FALSE f # Diff:

f#2

Learning f#Obj.: f # 1

3) The f#basic f#goal f#of f#accounting f#information f#systems f#is f#to f#convert f#financial f#data
f#into f#information. f # Answer: f # TRUE

Diff: f#1
Learning f#Obj.: f # 1

4)Quick-response f#systems f#are f#essential f#to f#the f#total f#quality f#performance
f#movement f#in f#business. f # Answer: f # TRUE

Diff: f#1
Learning f#Obj.: f # 4

5) All f#data f#processed f#and f#information f#stored f#in f#an f#accounting f#information
f#system f#are f#mandatory f # for f#financial f#reporting f#purposes.

Answer:
f # FALSE f # Diff:

f#2


Learning f#Obj.: f # 1

6) A f#typical f#CRM f#contains f#one f#common f#database f#in f#which f#all f#departments
f#with f#customer f # contact f#can f#access f#and f#update.

Answer:
f # TRUE f # Diff: f#1

Learning f#Obj.: f # 3

7) A f#company f#can f#use f#QR f#codes f#to f#provide f#a f#convenient f#way f#to f#direct
f#customers f#to f#its f#Web f#site f # by f#embedding f#them f#in f#advertising, f#such f#as

f#magazines f#or f#in-store f#displays.


1

,Answer:
f # TRUE f # Diff: f#1

Learning f#Obj.: f # 4




2

, 8) An f#extended f#enterprise f#brings f#suppliers f#and f#customers f#together f#in f#order
f#to f#meet f#customer f # demand f#while f#minimizing f#supplier f#costs.

Answer:
f # FALSE f # Diff: f#1


Learning f#Obj.: f # 4

9) Procurement f#and f#firm f#infrastructure f#are f#examples f#of f#primary
f#business f#processes. f # Answer: f # FALSE

Diff: f#3
Learning f#Obj.: f # 1

10) Good f#documentation f#means f#that f#records f#should f#be f#maintained f#by f#all
f#parties f#involved f#in f#a f # transaction.

Answer: f # TRUE
f # Diff: f#1

Learning f#Obj.: f # 1

11) Some f#organizations f#that f#use f#computers f#to f#process f#transactional f#data
f#must f#have f#an f # information f#system f#function.

Answer:
f # FALSE f # Diff: f#2


Learning f#Obj.: f # 2

12) The f#operations f#function f#allows f#specialization f#in f#areas f#such f#as
f#operating f#systems f#and f # software f#and f#communications f#technology.

Answer:
f # FALSE f # Diff: f#3

Learning f#Obj.: f # 2

13) Cloud f#computing f#describes f#the f#increasing f#trend f#for f#data f#processing
f#capabilities f#to f#be f # provided f#as f#a f#service f#via f#the f#Internet.

Answer: f # TRUE
f # Diff: f#1

Learning f#Obj.: f # 4

14) Most f#batch f#processing f#environments f#are f#JIT
f#environments. f # Answer: f # FALSE

Diff: f#2
Learning f#Obj.: f # 3

15) XBRL f#is f#a f#language f#that f#facilitates f#the f#exchange f#of f#financial f#statements
f#over f#the f#Internet. f # Answer: f # TRUE

Diff: f#2
Learning f#Obj.: f # 4
3