AIS Exam 1 Chapters 1-4 Questions and
Answers 100% Pass
A set of two or more interrelated components that interact to achieve a goal is - Answer✔a
system
This results when a subsystem achieves its goals while contributing to the organization's overall
goal. - Answer✔goal congruence
Facts that are collected, recorded, stored and processed by an information system. -
Answer✔data
Data that have been organized and processes to provide meaning to a user is -
Answer✔information
Humans can absorb and process only so much information. Information _____ occurs when
those limits are passed. - Answer✔overload
An accounting information system (AIS) processes ____ to provide users with _____. -
Answer✔data; information
Data must be converted into information to be considered useful and meaningful for decision-
making. There are six characteristics that make information both useful and meaningful. If
information is free from error or bias and accurately represents the events or activities of the
organization, it is representative of the characteristic of - Answer✔reliability
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An accounting information system must be able to perform which of the following tasks? -
Answer✔Process transaction data, collect transaction data, provide adequate controls
The primary objective of accounting is to - Answer✔provide useful information to decision
makers
The primary focus of an AIS course, as opposed to other IS courses, is on -
Answer✔understanding how information technology can be used to improve AIS processes
An agreement between two entities to exchange goods or services or any other event that can
be measured in economic terms by an organization is - Answer✔transaction
Groups of related business activities such as the acquisition of merchandise and payment of
vendors are called - Answer✔transaction cycles
Which of the following is not a transaction cycle? - Answer✔general ledger and reporting
All transaction cycles feed information directly into the - Answer✔general ledger and reporting
system
A typical source document could be - Answer✔in some paper form and a computer data entry
screen
Certain documents or forms are generated and/or processed with each transaction cycle. The
issuing of a purchase order is part of which transaction cycle? - Answer✔the expenditure cycle
The general ledger account that corresponds to a subsidiary ledger account is known as a -
Answer✔control account
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