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

Test Bank for Accounting Information Systems
p p p p p

Sixteenth Edition p


AccountingpInformationpSystems,p16ep(Romney)
Chapterp1 ConceptualpFoundationspofpAccountingpInformationpSystems

1p Distinguishpdatapfrompinformation,pdiscusspthepcharacteristicspofpusefulpinformation,pandpexplai
nphowptopdeterminepthepvaluepofpinformation.

1) Whichpofpthepfollowingpstatementspbelowpshowspthepcontrastpbetweenpdatapandpinformation?
A) Datapispthepprimarypoutputpofpanpaccountingpinformationpsystem.
B) Informationpispthepprimarypoutputpofpanpaccountingpinformationpsystem.
C) Datapispmorepusefulpinpdecisionpmakingpthanpinformation.
D) Datapandpinformationparepthepsame.p
Answer:p B
Concept:p ThepconceptpofpinformationpO
bjective:p LearningpObjectivep1pDifficu
lty:p Easy
AACSB: AnalyticalpThinking

2) Whenpapsubsystem'spgoalsparepinconsistentpwithpthepgoalspofpanotherpsubsystemporpwithptheps
ystempaspapwhole,pitpcreates
A) systempinconsistence.
B) systempconflict.
C) goalpinconsistence.
D) goalpconflict.
Answer:p p D
Concept:p ThepconceptpofpinformationpO
bjective:p LearningpObjectivep1pDifficu
lty:p Easy
AACSB: AnalyticalpThinking

3) Whenpapsubsystempachievespitspgoalspwhilepcontributingptoptheporganization'spoverallpgoal,pitpispc
alled
A) systempmatch.
B) systempcongruence.
C) goalpcongruence.
D) goalpmatch.
Answer:p C
Concept:p ThepconceptpofpinformationpO
bjective:p LearningpObjectivep1pDifficu
lty:p Easy
AACSB: AnalyticalpThinking




1

,4) Informationpispbestpdescribedpas
A) rawpfactspaboutptransactions.
B) datapthatphaspbeenporganizedpandpprocessedpsopthatpitpispmeaningfulptopthepuser.
C) factspthatparepusefulpwhenpprocessedpinpaptimelypmanner.
D) thepsamepthingpaspdata.p
Answer:p B
Concept:p ThepconceptpofpinformationpO
bjective:p LearningpObjectivep1pDifficu
lty:p Easy
AACSB: AnalyticalpThinking

5) Thepvaluepofpinformationpcanpbestpbepdeterminedpby
A) itspusefulnessptopdecisionpmakers.
B) itsprelevanceptopdecisionpmakers.
C) thepbenefitspassociatedpwithpobtainingpthepinformationpminuspthepcostpofpproducingpit.
D) thepextentptopwhichpitpoptimizespthepvaluepchain.p
Answer:p C
Concept:p ThepconceptpofpinformationpO
bjective:p LearningpObjectivep1pDifficu
lty:p Moderate
AACSB: AnalyticalpThinking

6) Anpaccountingpinformationpsystemp(AIS)pprocessesp topprovidepuserspwithp .
A) data;pinformation
B) data;ptransactions
C) information;pdata
D) data;pbenefits
pAnswer:p A

Concept:p ThepconceptpofpinformationpO
bjective:p LearningpObjectivep1pDifficu
lty:p Easy
AACSB: AnalyticalpThinking

7) informationpreducespuncertainty,pimprovespdecisionpmakers'pabilityptopmakep
predictions,porpconfirmspexpectations.
A) Timely
B) Accurate
C) Relevant
D) Complete
pAnswer:p C

Concept:p InformationpneedspandpbusinesspprocessespObjecti
ve:p LearningpObjectivep1
Difficulty:p p Easy
AACSB: AnalyticalpThinking




2

,8) Informationpthatpispfreepfromperrorporpbiaspandpfaithfullyprepresentspthepeventsporpactivitiespofpt
heporganizationpis
A) relevant.
B) accurate.
C) verifiable.
D) timely.p
Answer:p B
Concept:p ThepconceptpofpinformationpO
bjective:p LearningpObjectivep1pDifficu
lty:p Easy
AACSB: AnalyticalpThinking

9) Informationpthatpdoespnotpomitpimportantpaspectspofpthepunderlyingpeventsporpactivitiespthatpitp
measurespis
A) complete.
B) available.
C) relevant.
D) timely.p
Answer:p A
Concept:p ThepconceptpofpinformationpO
bjective:p LearningpObjectivep1pDifficu
lty:p Easy
AACSB: AnalyticalpThinking

10) Informationpisp
whenptwopknowledgeableppeoplepindependentlypproducepthepsamepinformation.
A) verifiable
B) relevant
C) accurate
D) complete
pAnswer:p A

Concept:p ThepconceptpofpinformationpO
bjective:p LearningpObjectivep1pDifficu
lty:p Easy
AACSB: AnalyticalpThinking




3

, 11) Datapmustpbepconvertedpintopinformationptopbepconsideredpusefulpandpmeaningfulpforpdecisionp
making.pThereparep14pcharacteristicspthatpmakepinformationpbothpusefulpandpmeaningful.pIfpinform
ationpispfreepfromperrorporpbiaspandpfaithfullyprepresentspthepeventsporpactivitiespofptheporganization
,pitpisprepresentativepofpthepcharacteristicpof
A) relevancy.
B) timeliness.
C) understandability.
D) accuracy.
pAnswer:p D

Concept:p ThepconceptpofpinformationpO
bjective:p LearningpObjectivep1pDifficu
lty:p Easy
AACSB: AnalyticalpThinking

12) Datapmustpbepconvertedpintopinformationptopbepconsideredpusefulpandpmeaningfulpforpdecisionp
making.pThereparep14pcharacteristicspthatpmakepinformationpbothpusefulpandpmeaningful.pIfpinform
ationpcanphelppreducepuncertainty,pimprovespdecisionpmaking,porpconfirmsporpcorrectsppriorpexpecta
tions,pitpisprepresentativepofpthepcharacteristicpof
A) objectivity.
B) relevance.
C) completeness.
D) truthfulness.
pAnswer:p B

Concept:p ThepconceptpofpinformationpO
bjective:p LearningpObjectivep1pDifficu
lty:p Easy
AACSB: AnalyticalpThinking

13) Datapmustpbepconvertedpintopinformationptopbepconsideredpusefulpandpmeaningfulpforpdecisionp
making.pThereparep14pcharacteristicspthatpmakepinformationpbothpusefulpandpmeaningful.pIfpthepsa
mepinformationpcanpbepreproducedpbyptwopindependentpandpknowledgeableppeople,pitpisprepresenta
tivepofpthepcharacteristicpof
A) accuracy.
B) relevance.
C) verifiability.
D) truthfulness.
pAnswer:p C

Concept:p ThepconceptpofpinformationpO
bjective:p LearningpObjectivep1pDifficu
lty:p Easy
AACSB: AnalyticalpThinking




4