Solution Manual for Accounting Information Systems 4th Edition Richardson Chang Smith | All Chapters | Verified & Accurate

SOLUTION MANUAL for Accounting Information Sys
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tems 4th Edition by Vernon Richardson, Chengyee Jani
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e Chang, Rod E. Smith
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All Chapters Fully Covered| Verified Questions & Accurate Solutions f
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or Exam Preparations| A+ GRADED
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, Chapterr1:rAccountingrInformationrSystemsrandrFirmrValuerMultip

lerChoicerQuestions

1. (LOr1-1)rAccountingrinformationrsystems

a. areralwaysrcomputerized.

b. reportronlyrfinanciallyrrelatedrinformation.

c. arerinformationrsystemsrthatrrecord,rprocess,randrreportronrtransactionsrtorproviderfinancialrandrno
nfinancialrinformationrforrdecisionrmakingrandrcontrol.

d. requirerarCITPrdesignationrtorunderstand.

CorrectrAnswer:rC



2. (LOr1-1)rWhichrofrtherfollowingrisrarcharacteristicrofrrelevance?

a. Materiality

b. Timeliness

c. Verifiable

d. CostrtorgeneraterCorrectrAnswer:rA



3. (LOr1-

2)rWhichrofrtherfollowingrisrconsideredrtorbermandatoryrinformationrrequiredrbyrarregulatoryrbody?

a. 10-QrsubmissionrtortherSecuritiesrandrExchangerCommission

b. ThercostrtorproducerarSamsungrGalaxy

c. ThernumberrofrorganicrbananasrthatrarersoldratrWholerFoodsronrJulyr28

d. Thercostrtorbuildranrall-newrStarbucksrrestaurantrinrShenzhen,rChinarCorrectrAnswer:rA



4. (LOr1-4)rThercorrectrorderrofreventsrinrthervaluerchainris

a. Inboundrlogisticsr➛rOperationsr➛rService.

b. Inboundrlogisticsr➛rOutboundrlogisticsr➛rMarketingrandrsales.



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,c. Inboundrlogisticsr➛rOperationsr➛rOutboundrlogistics.

d. Inboundrlogisticsr➛rOperationsr➛rMarketingrandrSales.

CorrectrAnswer:rC



5. (LOr1-8)rWhichrsystemrcontributesrinformationronrdirectrlaborrtorarcostraccountingrsystem?

a. Supplyrchainrmanagementrsystemr(SCMS)

b. Financialrreportingrsystemr(FRS)

c. CustomerrRelationalrManagementrSystemr(CRM)

d. Humanrresourcermanagementrsystemr(HRMS)rCorrectrAnswer:rD



6. (LOr1-7)rArsupplyrchain

a. suppliesrjewelryrchains.

b. refersrtortherflowrofrmaterials,rinformation,rpayments,randrservices.

c. isrsimilarrinrfunctionrandrpurposertorthervaluerchain.

d. doesrnotrapplyrtorarservicerfirmrlikeranraccountingrfirm.

CorrectrAnswer:rB



7. (LOr1-7)rCustomerrrelationshiprmanagementrsoftwarerdoesrnotrincluderinformationrabout

a. currentrcustomers.

b. prospectivercustomers.

c. formerrcustomers.

d. currentremployees.

CorrectrAnswer:rD



8. (LOr1-
6)rAnrinformationrsystemrthatrmeasuresrandrrecordsraccountingrtransactionsrandrreportsrthemrinrtherfinancialr
statementsrisrcalledra

a. financialrreportingrsystemr(FRS).
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, b. enterprisersystemr(ES).

c. manufacturingrsystemr(MS).

d. costraccountingrsystem.

CorrectrAnswer:rA



9. (LOr1-
3)rWhatrisrthernamerofrtherpositionrforrarpersonrresponsiblerforrdeterminingrInformationrneedsrofrarbusinessr
andrdesigningrarsystemrtormeetrthoserneeds?

a. Chiefrinformationrofficer

b. Controller

c. ITrauditor

d. SystemsranalystrCorrectrAnswer:rD



10. (LOr1-
9)rTherbalancersheetraccountrmostrlikelyraffectedrbyranrAISrinvestmentrinrsupplyrchainrmanagementrs
oftwarerwouldrbe

a. inventories.

b. fixedrassets.

c. cashrandrcashrequivalents.

d. unearnedrrevenue.

CorrectrAnswer:rA



11. (LOr1-7)rThersoftware/systemrthatrhelpsrmakersurertherretailrfirmrdoesn‘trhaverarstockoutris

a. supplyrchainrmanagementrsoftware.

b. customerrrelationshiprmanagementrsoftware.

c. enterprisersystems.

d. humanrresourcersystems.

CorrectrAnswer:rA


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