TEST BANK
ACCOUNTING INFORMATION SYSTEMS
Vernon Richardson
2nd Edition
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,Table of Contents
PART ONE: AIS and the Business
1. Accounting Information Systems and Firm Value
2. Accountants as Business Analysts
3. Data Modeling
4. Relational Databases and Enterprise Systems
PART TWO: Business Processes
5. Sales and Collections Business Process
6. Purchases and Payments Business Process
7. Conversion Business Process
8. Integrated Project
9. Reporting Processes and extensible Business Reporting Language (XBRL)
PART THREE: Managing and Evaluating AIS Projects
10. Accounting Information Systems and Internal Controls
11. Information Security and Computer Fraud
12. Monitoring and Auditing AIS
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PART FOUR: AIS Development and Management
13. The Balanced Scorecard and Business Value of Information Technology
14. Evaluating AIS Investments
15. The Systems Development Life Cycle and Project Management: Addressing the Challenges
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of Building AIS Systems
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, Chapter 1
Accounting Information Systems: An Introduction
Answer Key
True / False Questions
1. Accounting and Finance is a primary activity in the value chain.
Answer: FALSE
AACSB: Reflective Thinking
AICPA BB: Industry
AICPA FN: Decision Making
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-04 Describe how business processes affect the firm’s value chain.
Topic: The Value Chain and Accounting Information Systems
2. Accounting Information Systems at this date are all computerized.
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Answer: FALSE
AACSB: Reflective Thinking
AICPA BB: Industry
AICPA FN: Decision Making
Blooms: Remember
Difficulty: 1 Easy
U
Learning Objective: 01-02 Distinguish between data, information and an information system.
Topic: Data versus Information
3. Business value includes all those items, events and interactions that determine the financial health and
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well-being of the firm.
Answer: TRUE
SE
AACSB: Reflective Thinking
AICPA BB: Industry
AICPA FN: Decision Making
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-04 Describe how business processes affect the firm’s value chain.
Topic: The Value Chain and Accounting Information Systems
4. The Certified Information Technology Professional (CITP) is a professional designation for those with a
broad range of technology knowledge and does not require a CPA.
Answer: FALSE
AACSB: Reflective Thinking
AICPA BB: Industry
AICPA FN: Decision Making
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-03 Distinguish the roles of accountants in providing information and explain certifications related to accounting information
systems
Topic: Role of Accountants in Accounting Information Systems
, 5. The Certified Information Systems Auditor (CISA) is a professional designation generally sought by those
performing IT audits.
Answer: TRUE
AACSB: Reflective Thinking
AICPA BB: Industry
AICPA FN: Decision Making
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-03 Distinguish the roles of accountants in providing information and explain certifications related to accounting information
systems
Topic: Role of Accountants in Accounting Information Systems
JN
U
R
SE
ACCOUNTING INFORMATION SYSTEMS
Vernon Richardson
2nd Edition
JN
U
R
SE
,Table of Contents
PART ONE: AIS and the Business
1. Accounting Information Systems and Firm Value
2. Accountants as Business Analysts
3. Data Modeling
4. Relational Databases and Enterprise Systems
PART TWO: Business Processes
5. Sales and Collections Business Process
6. Purchases and Payments Business Process
7. Conversion Business Process
8. Integrated Project
9. Reporting Processes and extensible Business Reporting Language (XBRL)
PART THREE: Managing and Evaluating AIS Projects
10. Accounting Information Systems and Internal Controls
11. Information Security and Computer Fraud
12. Monitoring and Auditing AIS
JN
PART FOUR: AIS Development and Management
13. The Balanced Scorecard and Business Value of Information Technology
14. Evaluating AIS Investments
15. The Systems Development Life Cycle and Project Management: Addressing the Challenges
U
of Building AIS Systems
R
SE
, Chapter 1
Accounting Information Systems: An Introduction
Answer Key
True / False Questions
1. Accounting and Finance is a primary activity in the value chain.
Answer: FALSE
AACSB: Reflective Thinking
AICPA BB: Industry
AICPA FN: Decision Making
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-04 Describe how business processes affect the firm’s value chain.
Topic: The Value Chain and Accounting Information Systems
2. Accounting Information Systems at this date are all computerized.
JN
Answer: FALSE
AACSB: Reflective Thinking
AICPA BB: Industry
AICPA FN: Decision Making
Blooms: Remember
Difficulty: 1 Easy
U
Learning Objective: 01-02 Distinguish between data, information and an information system.
Topic: Data versus Information
3. Business value includes all those items, events and interactions that determine the financial health and
R
well-being of the firm.
Answer: TRUE
SE
AACSB: Reflective Thinking
AICPA BB: Industry
AICPA FN: Decision Making
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-04 Describe how business processes affect the firm’s value chain.
Topic: The Value Chain and Accounting Information Systems
4. The Certified Information Technology Professional (CITP) is a professional designation for those with a
broad range of technology knowledge and does not require a CPA.
Answer: FALSE
AACSB: Reflective Thinking
AICPA BB: Industry
AICPA FN: Decision Making
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-03 Distinguish the roles of accountants in providing information and explain certifications related to accounting information
systems
Topic: Role of Accountants in Accounting Information Systems
, 5. The Certified Information Systems Auditor (CISA) is a professional designation generally sought by those
performing IT audits.
Answer: TRUE
AACSB: Reflective Thinking
AICPA BB: Industry
AICPA FN: Decision Making
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-03 Distinguish the roles of accountants in providing information and explain certifications related to accounting information
systems
Topic: Role of Accountants in Accounting Information Systems
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U
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