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AIS Exam 1 Chapters 1-4 Questions with Correct Answers for Specific Exam Mail supergrades12@gmail.com

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AIS Exam 1 Chapters 1-4 Questions with Correct Answers for Specific Exam Mail

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1




AIS Exam 1 Chapters 1-4 Questions with
Correct Answers for Specific Exam Mail

A set of two or more interrelated components that interact to achieve a
goal is

Ans: a system



This results when a subsystem achieves its goals while contributing to the
organization's overall goal.

Ans: goal congruence



Facts that are collected, recorded, stored and processed by an information
system.

Ans: data



Data that have been organized and processes to provide meaning to a user
is

Ans: information



Humans can absorb and process only so much information. Information
_____ occurs when those limits are passed.

Ans: overload



An accounting information system (AIS) processes ____ to provide users with
_____.



Pretest - Stuvia US

,2


Ans: 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

Ans: reliability



An accounting information system must be able to perform which of the
following tasks?

Ans: Process transaction data, collect transaction data, provide adequate
controls



The primary objective of accounting is to

Ans: provide useful information to decision makers



The primary focus of an AIS course, as opposed to other IS courses, is on

Ans: 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

Ans: transaction



Groups of related business activities such as the acquisition of merchandise
and payment of vendors are called

Pretest - Stuvia US

, 3


Ans: transaction cycles



Which of the following is not a transaction cycle?

Ans: general ledger and reporting



All transaction cycles feed information directly into the

Ans: general ledger and reporting system



A typical source document could be

Ans: 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?

Ans: the expenditure cycle



The general ledger account that corresponds to a subsidiary ledger account
is known as a

Ans: control account



A listing of general ledger accounts by account number is called the

Ans: chart of accounts



Federal Express stated in one of its mission statements that "positive control of
each package will be maintained by utilizing.... electronic tracking and
tracing systems." This is an example of which type of data processing?


Pretest - Stuvia US

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