Solution Manual for Accounting Information Systems, 4th edition by Vernon J. Richardson | 2024 | All Chapters | Instant Download.

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EndtyoftyChaptertySolutionstyManual:tyRichardson,tyChang,tySmith,tyAccountingtyInformationtySystems,ty4 tye
dition

Chapterty1:tyAccountingtyInformationtySystemstyandtyFirmtyValue
MultipletyChoicetyQuestions

1. (LOty1-1)tyAccountingtyinformationtysystems

a. aretyalwaystycomputerized.
b. reporttyonlytyfinanciallytyrelatedtyinformation.
c. aretyinformationtysystemstythattyrecord,typrocess,tyandtyreporttyontytransactionstytotypr
ovidetyfinancialtyandtynonfinancialtyinformationtyfortydecisiontymakingtyandtycontrol.
d. requiretyatyCITPtydesignationtytotyunderstand.

Answer:tyC

2. (LOty1-1)tyWhichtyoftythetyfollowingtyistyatycharacteristictyoftyrelevance?

a. Materiality
b. Timeliness
c. Verifiable
d. Costtytotygenerat

etyAnswer:tyA

3. (LOty1-
2)tyWhichtyoftythetyfollowingtyistyconsideredtytotybetymandatorytyinformationtyrequiredtybytyatyr
egulatorytybody?

a. 10-QtysubmissiontytotythetySecuritiestyandtyExchangetyCommission
b. ThetycosttytotyproducetyatySamsungtyGalaxy
c. ThetynumbertyoftyorganictybananastythattyaretysoldtyattyWholetyFoodstyontyJulyty28
d. Thetycosttytotybuildtyantyall-

newtyStarbuckstyrestauranttyintyShenzhen,tyChinatyAnswer:tyA

4. (LOty1-4)tyThetycorrecttyordertyoftyeventstyintythetyvaluetychaintyis

a. Inboundtylogisticsty➛tyOperationsty➛tyService.
b. Inboundtylogisticsty➛tyOutboundtylogisticsty➛tyMarketingtyandtysales.
c. Inboundtylogisticsty➛tyOperationsty➛tyOutboundtylogistics.
d. Inboundtylogisticsty➛tyOperationsty➛tyMarketingtyandtySales.

Answer:tyC

5. (LOty1-8)tyWhichtysystemtycontributestyinformationtyontydirecttylabortytotyatycosttyaccountingtysystem?

a. Supplytychaintymanagementtysystemty(SCMS)
b. Financialtyreportingtysystemty(FRS)
c. CustomertyRelationaltyManagementtySystemty(CRM)



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EndtyoftyChaptertySolutionstyManual:tyRichardson,tyChang,tySmith,tyAccountingtyInformationtySystems,ty4 tye
dition

d. Humantyresourcetymanagementtysystemty(HRM

S)tyAnswer:tyD

6. (LOty1-7)tyAtysupplytychain

a. suppliestyjewelrytychains.
b. referstytotythetyflowtyoftymaterials,tyinformation,typayments,tyandtyservices.
c. istysimilartyintyfunctiontyandtypurposetytotythetyvaluetychain.
d. doestynottyapplytytotyatyservicetyfirmtyliketyantyaccountingtyfirm.

Answer:tyB

7. (LOty1-7)tyCustomertyrelationshiptymanagementtysoftwaretydoestynottyincludetyinformationtyabout

a. currenttycustomers.
b. prospectivetycustomers.
c. formertycustomers.
d. currenttyemployees.

Answer:tyD

8. (LOty1-
6)tyAntyinformationtysystemtythattymeasurestyandtyrecordstyaccountingtytransactionstyandtyre
portstythemtyintythetyfinancialtystatementstyistycalledtya

a. financialtyreportingtysystemty(FRS).
b. enterprisetysystemty(ES).
c. manufacturingtysystemty(MS).
d. costtyaccountingtysystem.

Answer:tyA

9. (LOty1-
3)tyWhattyistythetynametyoftythetypositiontyfortyatypersontyresponsibletyfortydeterminingtyI
nformationtyneedstyoftyatybusinesstyandtydesigningtyatysystemtytotymeettythosetyneeds
?

a. Chieftyinformationtyofficer
b. Controller
c. ITtyauditor
d. Systemstyanalys

ttyAnswer:tyD

10. (LOty1-
9)tyThetybalancetysheettyaccounttymosttylikelytyaffectedtybytyantyAIStyinvestmenttyintysupplytyc
haintymanagementtysoftwaretywouldtybe

a. inventories.
b. fixedtyassets.
2

, th
EndtyoftyChaptertySolutionstyManual:tyRichardson,tyChang,tySmith,tyAccountingtyInformationtySystems,ty4 tye
c. cashtyandtycashtyequivalents.
dition




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, th
EndtyoftyChaptertySolutionstyManual:tyRichardson,tyChang,tySmith,tyAccountingtyInformationtySystems,ty4 tye
dition

d. unearnedtyrevenue.

Answer:tyA

11. (LOty1-7)tyThetysoftware/systemtythattyhelpstymaketysuretythetyretailtyfirmtydoesn’ttyhavetyatystockouttyis

a. supplytychaintymanagementtysoftware.
b. customertyrelationshiptymanagementty software.
c. enterprisetysystems.
d. humantyresourcetysystems.

Answer:tyA

12. (LOty1-
9)tyDatatyanalyticstyperformedtytotyidentifytythetymosttyprofitabletycustomerstywouldtybetymo
sttylikelytytotyaffecttywhichtyincometystatementtyaccount?

a. Selling,tygeneral,tyandtyadministrativetyexpensesty(SG&A)
b. Interesttyexpense
c. Revenues
d. Costtyoftygoodstysol

dtyAnswer:tyC

13. (LOty1-7,tyLOty1-
9)tyCustomertyrelationshiptymanagementtysystemstywouldtygenerallytybetyconsideredtytotybetyan

a. internaltybusinesstyprocess.
b. externaltybusinesstyprocess.
c. interiortybusinesstyprocess.
d. exteriortybusinesstyprocess.

Answer:tyB

14. (LOty1-
3)tyAntyauditortytestingtyinternaltycontrolstywouldtygenerallytybetyconsideredtytotyfilltywhichtyrol
etywithtyrespecttytotyaccountingtyinformationtysystems?

a. User
b. Manager
c. Designer
d. Evaluator

tyAnswer:tyD


15. (LOty1-
2)tyWhichtyoftythesetyrepresentstythetypropertytransformationtyfromtydatatytotydecisiontyacc
ordingtytotythetyinformationtyvaluetychain?

a. Dataty➛tyInformationty➛tyKnowledgety➛tyDecision
b. Dataty➛tyKnowledgety➛tyInformationty➛tyDecision
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