1
,Chap 01 4e Richardson
z z z
2
,Answers Included z
1) Accounting and Finance is a primary activity in the value chain.
z z z z z z z z z z
⊚ true z
⊚ false z
2) As of today, Accounting Information Systems are all computerized.
z z z z z z z z
⊚ true z
⊚ false z
3) Business value includes all those items, events and interactions that determine the financial healt
z z z z z z z z z z z z z
h and well being of the firm.
z z z z z z
⊚ true z
⊚ false z
4) The Certified Information Technology Professional (CITP) is a professional designation for thos
z z z z z z z z z z z
e with a broad range of technology knowledge and does not require a CPA.
z z z z z z z z z z z z z
⊚ true z
⊚ false z
5) The Certified Information Systems Auditor (CISA) is a professional designation generally sou
z z z z z z z z z z z
ght by those performing IT audits.
z z z z z
⊚ true z
⊚ false z
6) Information is defined as being data organized in a meaningful way that is useful to the user.
z z z z z z z z z z z z z z z z
⊚ true z
⊚ false z
7) Data is defined as being information organized in a meaningful way that is useful to the user.
z z z z z z z z z z z z z z z z
⊚ true z
⊚ false z
3
, 8) An AIS may create value by giving access to management information relevant to the decis
z z z z z z z z z z z z z z
ion makers.
z
⊚ true z
⊚ false z
9) An AIS may create value by providing an internal control structure needed to make sure the infor
z z z z z z z z z z z z z z z z
mation is secure, reliable, and free from error.
z z z z z z z
⊚ true z
⊚ false z
10) Relevant information’s most defining characteristic is that it is free from bias and error.
z z z z z z z z z z z z z
⊚ true z
⊚ false z
11) The characteristics of relevant information include predictive value, feedback value and tim
z z z z z z z z z z z
eliness.
⊚ true z
⊚ false z
12) A faithful representation of the underlying event should reflect the bias of the system analyst.
z z z z z z z z z z z z z z
⊚ true z
⊚ false z
13) Information overload is defined as the difficulty a person faces in understanding a problem and
z z z z z z z z z z z z z z z
making a decision as a consequence of too much information.
z z z z z z z z z
⊚ true z
⊚ false z
14) The main financial benefit of Customer Relationship Management practices reduces the cost of g
z z z z z z z z z z z z z
oods sold. z
⊚ true z
⊚ false z
4
,Chap 01 4e Richardson
z z z
2
,Answers Included z
1) Accounting and Finance is a primary activity in the value chain.
z z z z z z z z z z
⊚ true z
⊚ false z
2) As of today, Accounting Information Systems are all computerized.
z z z z z z z z
⊚ true z
⊚ false z
3) Business value includes all those items, events and interactions that determine the financial healt
z z z z z z z z z z z z z
h and well being of the firm.
z z z z z z
⊚ true z
⊚ false z
4) The Certified Information Technology Professional (CITP) is a professional designation for thos
z z z z z z z z z z z
e with a broad range of technology knowledge and does not require a CPA.
z z z z z z z z z z z z z
⊚ true z
⊚ false z
5) The Certified Information Systems Auditor (CISA) is a professional designation generally sou
z z z z z z z z z z z
ght by those performing IT audits.
z z z z z
⊚ true z
⊚ false z
6) Information is defined as being data organized in a meaningful way that is useful to the user.
z z z z z z z z z z z z z z z z
⊚ true z
⊚ false z
7) Data is defined as being information organized in a meaningful way that is useful to the user.
z z z z z z z z z z z z z z z z
⊚ true z
⊚ false z
3
, 8) An AIS may create value by giving access to management information relevant to the decis
z z z z z z z z z z z z z z
ion makers.
z
⊚ true z
⊚ false z
9) An AIS may create value by providing an internal control structure needed to make sure the infor
z z z z z z z z z z z z z z z z
mation is secure, reliable, and free from error.
z z z z z z z
⊚ true z
⊚ false z
10) Relevant information’s most defining characteristic is that it is free from bias and error.
z z z z z z z z z z z z z
⊚ true z
⊚ false z
11) The characteristics of relevant information include predictive value, feedback value and tim
z z z z z z z z z z z
eliness.
⊚ true z
⊚ false z
12) A faithful representation of the underlying event should reflect the bias of the system analyst.
z z z z z z z z z z z z z z
⊚ true z
⊚ false z
13) Information overload is defined as the difficulty a person faces in understanding a problem and
z z z z z z z z z z z z z z z
making a decision as a consequence of too much information.
z z z z z z z z z
⊚ true z
⊚ false z
14) The main financial benefit of Customer Relationship Management practices reduces the cost of g
z z z z z z z z z z z z z
oods sold. z
⊚ true z
⊚ false z
4
