1
,2
, All Chapters
y5 y5
Accounting Information Systems, 16e (Romney)y5 y5 y5 y5
Chapter 1 Conceptual Foundations of Accounting Information Systems
y5 y5 y5 y5 y5 y5
1 Distinguish data from information, discuss the characteristics of useful information, and ex
y 5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5
plain how to determine the value of information.
y5 y5 y5 y5 y5 y5 y5
1) Which of the following statements below shows the contrast between data and information?
y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5
A) Data is the primary output of an accounting information system.
y5 y5 y5 y5 y5 y5 y5 y5 y5
B) Information is the primary output of an accounting information system.
y5 y5 y5 y5 y5 y5 y5 y5 y5
C) Data is more useful in decision making than information.
y5 y5 y5 y5 y5 y5 y5 y5
D) Data and information are the same
y5 y5 y5 y5 y5
. Answer: B
y5 y 5
Concept: The concept of information O
y 5 y5 y5 y5 y5
bjective: Learning Objective 1 Difficult
y 5 y5 y5 y5
y: Easy y 5
AACSB: Analytical Thinking y5
2) When a subsystem's goals are inconsistent with the goals of another subsystem or with t
y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5
he system as a whole, it creates
y5 y5 y5 y5 y5 y5
A) system inconsistence. y5
B) system conflict. y5
C) goal inconsistence. y5
D) goal conflict y5
.
Answer: D y 5 y 5
Concept: The concept of information O
y 5 y5 y5 y5 y5
bjective: Learning Objective 1 Difficult
y 5 y5 y5 y5
y: Easy y 5
AACSB: Analytical Thinking y5
3) When a subsystem achieves its goals while contributing to the organization's overall goal, it
y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y
is called
5 y5
A) system match. y5
B) system congruence. y5
C) goal congruence. y5
D) goal match. y5
Answer: C
y5 y 5
Concept: The concept of information O
y 5 y5 y5 y5 y5
bjective: Learning Objective 1 Difficult
y 5 y5 y5 y5
y: Easy y 5
AACSB: Analytical Thinking y5
3
, 4) Information is best described as y5 y5 y5 y5
A) raw facts about transactions.
y5 y5 y5
B) data that has been organized and processed so that it is meaningful to the user.
y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5
C) facts that are useful when processed in a timely manner.
y5 y5 y5 y5 y5 y5 y5 y5 y5
D) the same thing as data
y5 y5 y5 y5
.
Answer: B y 5 y 5
Concept: The concept of information O y 5 y5 y5 y5 y5
bjective: Learning Objective 1 Difficult
y 5 y5 y5 y5
y: Easy y 5
AACSB: Analytical Thinking y5
5) The value of information can best be determined by
y5 y5 y5 y5 y5 y5 y5 y5
A) its usefulness to decision makers.
y5 y5 y5 y5
B) its relevance to decision makers.
y5 y5 y5 y5
C) the benefits associated with obtaining the information minus the cost of producing it.
y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5
D) the extent to which it optimizes the value chai
y5 y5 y5 y5 y5 y5 y5 y5
n. Answer: C
y5 y 5
Concept: The concept of information O y 5 y5 y5 y5 y5
bjective: Learning Objective 1 Difficult
y 5 y5 y5 y5
y: Moderate
y 5
AACSB: Analytical Thinking y5
6) An accounting information system (AIS) processes
y5 y5 y5 y5 y5 y5 to provide users with
y5 y5 y5 y5 .
A) data; information y5
B) data; transactions y5
C) information; data y5
D) data; benefits y5
Answer: A
y5 y 5
Concept: The concept of information O y 5 y5 y5 y5 y5
bjective: Learning Objective 1 Difficult
y 5 y5 y5 y5
y: Easy y 5
AACSB: Analytical Thinking y5
7) information reduces uncertainty, improves decision makers' ability to mak y5 y5 y5 y5 y5 y5 y5 y5
e predictions, or confirms expectations.
y5 y5 y5 y5
A) Timely
B) Accurate
C) Relevant
D) Complete
Answer:
y5 y 5
C
Concept: Information needs and business processes O
y 5 y5 y5 y5 y5 y5
bjective: Learning Objective 1 y 5 y5 y5
Difficulty: Easy y 5 y 5
AACSB: Analytical Thinking y5
4
,2
, All Chapters
y5 y5
Accounting Information Systems, 16e (Romney)y5 y5 y5 y5
Chapter 1 Conceptual Foundations of Accounting Information Systems
y5 y5 y5 y5 y5 y5
1 Distinguish data from information, discuss the characteristics of useful information, and ex
y 5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5
plain how to determine the value of information.
y5 y5 y5 y5 y5 y5 y5
1) Which of the following statements below shows the contrast between data and information?
y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5
A) Data is the primary output of an accounting information system.
y5 y5 y5 y5 y5 y5 y5 y5 y5
B) Information is the primary output of an accounting information system.
y5 y5 y5 y5 y5 y5 y5 y5 y5
C) Data is more useful in decision making than information.
y5 y5 y5 y5 y5 y5 y5 y5
D) Data and information are the same
y5 y5 y5 y5 y5
. Answer: B
y5 y 5
Concept: The concept of information O
y 5 y5 y5 y5 y5
bjective: Learning Objective 1 Difficult
y 5 y5 y5 y5
y: Easy y 5
AACSB: Analytical Thinking y5
2) When a subsystem's goals are inconsistent with the goals of another subsystem or with t
y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5
he system as a whole, it creates
y5 y5 y5 y5 y5 y5
A) system inconsistence. y5
B) system conflict. y5
C) goal inconsistence. y5
D) goal conflict y5
.
Answer: D y 5 y 5
Concept: The concept of information O
y 5 y5 y5 y5 y5
bjective: Learning Objective 1 Difficult
y 5 y5 y5 y5
y: Easy y 5
AACSB: Analytical Thinking y5
3) When a subsystem achieves its goals while contributing to the organization's overall goal, it
y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y
is called
5 y5
A) system match. y5
B) system congruence. y5
C) goal congruence. y5
D) goal match. y5
Answer: C
y5 y 5
Concept: The concept of information O
y 5 y5 y5 y5 y5
bjective: Learning Objective 1 Difficult
y 5 y5 y5 y5
y: Easy y 5
AACSB: Analytical Thinking y5
3
, 4) Information is best described as y5 y5 y5 y5
A) raw facts about transactions.
y5 y5 y5
B) data that has been organized and processed so that it is meaningful to the user.
y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5
C) facts that are useful when processed in a timely manner.
y5 y5 y5 y5 y5 y5 y5 y5 y5
D) the same thing as data
y5 y5 y5 y5
.
Answer: B y 5 y 5
Concept: The concept of information O y 5 y5 y5 y5 y5
bjective: Learning Objective 1 Difficult
y 5 y5 y5 y5
y: Easy y 5
AACSB: Analytical Thinking y5
5) The value of information can best be determined by
y5 y5 y5 y5 y5 y5 y5 y5
A) its usefulness to decision makers.
y5 y5 y5 y5
B) its relevance to decision makers.
y5 y5 y5 y5
C) the benefits associated with obtaining the information minus the cost of producing it.
y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5 y5
D) the extent to which it optimizes the value chai
y5 y5 y5 y5 y5 y5 y5 y5
n. Answer: C
y5 y 5
Concept: The concept of information O y 5 y5 y5 y5 y5
bjective: Learning Objective 1 Difficult
y 5 y5 y5 y5
y: Moderate
y 5
AACSB: Analytical Thinking y5
6) An accounting information system (AIS) processes
y5 y5 y5 y5 y5 y5 to provide users with
y5 y5 y5 y5 .
A) data; information y5
B) data; transactions y5
C) information; data y5
D) data; benefits y5
Answer: A
y5 y 5
Concept: The concept of information O y 5 y5 y5 y5 y5
bjective: Learning Objective 1 Difficult
y 5 y5 y5 y5
y: Easy y 5
AACSB: Analytical Thinking y5
7) information reduces uncertainty, improves decision makers' ability to mak y5 y5 y5 y5 y5 y5 y5 y5
e predictions, or confirms expectations.
y5 y5 y5 y5
A) Timely
B) Accurate
C) Relevant
D) Complete
Answer:
y5 y 5
C
Concept: Information needs and business processes O
y 5 y5 y5 y5 y5 y5
bjective: Learning Objective 1 y 5 y5 y5
Difficulty: Easy y 5 y 5
AACSB: Analytical Thinking y5
4
