l#(Bodnar/Hopwood) l # Chapter l#1 l# l # Accounting
l#Information l#Systems: l#An l#Overview
1) A l#system l#is l#a l#collection l#of l#related l#resources l#designed l#to l#help l#a l#company
l#achieve l#specified l # objectives.
Answer:
l # TRUE l # Diff: l#1
Learning l#Obj.: l # 1
2) Accounting l#information l#systems l#are l#designed l#to l#gather l#and l#utilize
l#information l#which l#may l # cost l#more l#to l#provide l#than l#it l#is l#worth l#to l#the
l#user.
Answer:
l # FALSE l # Diff:
l#2
Learning l#Obj.: l # 1
3) The l#basic l#goal l#of l#accounting l#information l#systems l#is l#to l#convert l#financial l#data
l#into l#information. l # Answer: l # TRUE
Diff: l#1
Learning l#Obj.: l # 1
4)Quick-response l#systems l#are l#essential l#to l#the l#total l#quality l#performance
l#movement l#in l#business. l # Answer: l # TRUE
Diff: l#1
Learning l#Obj.: l # 4
5) All l#data l#processed l#and l#information l#stored l#in l#an l#accounting l#information l#system
l#are l#mandatory l # for l#financial l#reporting l#purposes.
Answer:
l # FALSE l # Diff:
l#2
Learning l#Obj.: l # 1
6) A l#typical l#CRM l#contains l#one l#common l#database l#in l#which l#all l#departments
l#with l#customer l # contact l#can l#access l#and l#update.
Answer:
l # TRUE l # Diff: l#1
Learning l#Obj.: l # 3
7) A l#company l#can l#use l#QR l#codes l#to l#provide l#a l#convenient l#way l#to l#direct
l#customers l#to l#its l#Web l#site l # by l#embedding l#them l#in l#advertising, l#such l#as
l#magazines l#or l#in-store l#displays.
1
,Answer:
l # TRUE l # Diff: l#1
Learning l#Obj.: l # 4
2
, 8) An l#extended l#enterprise l#brings l#suppliers l#and l#customers l#together l#in l#order l#to
l#meet l#customer l # demand l#while l#minimizing l#supplier l#costs.
Answer:
l # FALSE l # Diff: l#1
Learning l#Obj.: l # 4
9) Procurement l#and l#firm l#infrastructure l#are l#examples l#of l#primary
l#business l#processes. l # Answer: l # FALSE
Diff: l#3
Learning l#Obj.: l # 1
10) Good l#documentation l#means l#that l#records l#should l#be l#maintained l#by l#all
l#parties l#involved l#in l#a l # transaction.
Answer: l # TRUE
l # Diff: l#1
Learning l#Obj.: l # 1
11) Some l#organizations l#that l#use l#computers l#to l#process l#transactional l#data
l#must l#have l#an l # information l#system l#function.
Answer:
l # FALSE l # Diff: l#2
Learning l#Obj.: l # 2
12) The l#operations l#function l#allows l#specialization l#in l#areas l#such l#as
l#operating l#systems l#and l # software l#and l#communications l#technology.
Answer:
l # FALSE l # Diff: l#3
Learning l#Obj.: l # 2
13) Cloud l#computing l#describes l#the l#increasing l#trend l#for l#data l#processing
l#capabilities l#to l#be l # provided l#as l#a l#service l#via l#the l#Internet.
Answer: l # TRUE
l # Diff: l#1
Learning l#Obj.: l # 4
14) Most l#batch l#processing l#environments l#are l#JIT
l#environments. l # Answer: l # FALSE
Diff: l#2
Learning l#Obj.: l # 3
15) XBRL l#is l#a l#language l#that l#facilitates l#the l#exchange l#of l#financial l#statements l#over
l#the l#Internet. l # Answer: l # TRUE
Diff: l#2
Learning l#Obj.: l # 4
3