1
,2
,Accounting Information Systems, 16e (Romney) - - - -
Chapter 1 Conceptual Foundations of Accounting Information Systems
- - - - - -
1 Distinguish data from information, discuss the characteristics of useful information, and explain
- - - - - - - - - - - - -
how to determine the value of information.
- - - - - -
1) Which of the following statements below shows the contrast between data and information?
- - - - - - - - - - - -
A) Data is the primary output of an accounting information system.
- - - - - - - - -
B) Information is the primary output of an accounting information system.- - - - - - - - -
C) Data is more useful in decision making than information.
- - - - - - - -
D) Data and information are the same.
- - - - - -
Answer: B -
Concept: The concept of information
- - - - -
Objective: Learning Objective 1 - - - -
Difficulty: Easy -
AACSB: Analytical Thinking -
2) When a subsystem's goals are inconsistent with the goals of another subsystem or with the
- - - - - - - - - - - - - - -
system as a whole, it creates
- - - - -
A) system inconsistence. -
B) system conflict. -
C) goal inconsistence.
-
D) goal conflict.-
Answer: D - -
Concept: The concept of information
- - - - -
Objective: Learning Objective 1 - - - -
Difficulty: Easy -
AACSB: Analytical Thinking -
3) When a subsystem achieves its goals while contributing to the organization's overall goal, it is
- - - - - - - - - - - - - - -
called
A) system match. -
B) system congruence. -
C) goal congruence.
-
D) goal match. - -
Answer: C -
Concept: The concept of information
- - - - -
Objective: Learning Objective 1 - - - -
Difficulty: Easy -
AACSB: Analytical Thinking -
3
, 4) Information is best described as - - - -
A) raw facts about transactions.
- - -
B) data that has been organized and processed so that it is meaningful to the user.
- - - - - - - - - - - - - -
C) facts that are useful when processed in a timely manner.
- - - - - - - - -
D) the same thing as data.
- - - -
Answer: B - -
Concept: The concept of information - - - - -
Objective: Learning Objective 1 - - - -
Difficulty: Easy -
AACSB: Analytical Thinking -
5) The value of information can best be determined by
- - - - - - - -
A) its usefulness to decision makers.
- - - -
B) its relevance to decision makers.
- - - -
C) the benefits associated with obtaining the information minus the cost of producing it.
- - - - - - - - - - - -
D) the extent to which it optimizes the value chain.
- - - - - - - - -
Answer: C -
Concept: The concept of information - - - - -
Objective: Learning Objective 1 - - - -
Difficulty: Moderate -
AACSB: Analytical Thinking -
6) An accounting information system (AIS) processes
- - - - - - to provide users with
- - - - .
A) data; information -
B) data; transactions -
C) information; data -
D) data; benefits - -
Answer: A -
Concept: The concept of information - - - - -
Objective: Learning Objective 1 - - - -
Difficulty: Easy -
AACSB: Analytical Thinking -
7) information reduces uncertainty, improves decision makers' ability to make - - - - - - - - -
predictions, or confirms expectations. - - -
A) Timely
B) Accurate
C) Relevant
D) Complete
Answer: C
- -
Concept: Information needs and business processes
- - - - - -
Objective: Learning Objective 1 - - -
Difficulty: Easy - -
AACSB: Analytical Thinking -
4
,2
,Accounting Information Systems, 16e (Romney) - - - -
Chapter 1 Conceptual Foundations of Accounting Information Systems
- - - - - -
1 Distinguish data from information, discuss the characteristics of useful information, and explain
- - - - - - - - - - - - -
how to determine the value of information.
- - - - - -
1) Which of the following statements below shows the contrast between data and information?
- - - - - - - - - - - -
A) Data is the primary output of an accounting information system.
- - - - - - - - -
B) Information is the primary output of an accounting information system.- - - - - - - - -
C) Data is more useful in decision making than information.
- - - - - - - -
D) Data and information are the same.
- - - - - -
Answer: B -
Concept: The concept of information
- - - - -
Objective: Learning Objective 1 - - - -
Difficulty: Easy -
AACSB: Analytical Thinking -
2) When a subsystem's goals are inconsistent with the goals of another subsystem or with the
- - - - - - - - - - - - - - -
system as a whole, it creates
- - - - -
A) system inconsistence. -
B) system conflict. -
C) goal inconsistence.
-
D) goal conflict.-
Answer: D - -
Concept: The concept of information
- - - - -
Objective: Learning Objective 1 - - - -
Difficulty: Easy -
AACSB: Analytical Thinking -
3) When a subsystem achieves its goals while contributing to the organization's overall goal, it is
- - - - - - - - - - - - - - -
called
A) system match. -
B) system congruence. -
C) goal congruence.
-
D) goal match. - -
Answer: C -
Concept: The concept of information
- - - - -
Objective: Learning Objective 1 - - - -
Difficulty: Easy -
AACSB: Analytical Thinking -
3
, 4) Information is best described as - - - -
A) raw facts about transactions.
- - -
B) data that has been organized and processed so that it is meaningful to the user.
- - - - - - - - - - - - - -
C) facts that are useful when processed in a timely manner.
- - - - - - - - -
D) the same thing as data.
- - - -
Answer: B - -
Concept: The concept of information - - - - -
Objective: Learning Objective 1 - - - -
Difficulty: Easy -
AACSB: Analytical Thinking -
5) The value of information can best be determined by
- - - - - - - -
A) its usefulness to decision makers.
- - - -
B) its relevance to decision makers.
- - - -
C) the benefits associated with obtaining the information minus the cost of producing it.
- - - - - - - - - - - -
D) the extent to which it optimizes the value chain.
- - - - - - - - -
Answer: C -
Concept: The concept of information - - - - -
Objective: Learning Objective 1 - - - -
Difficulty: Moderate -
AACSB: Analytical Thinking -
6) An accounting information system (AIS) processes
- - - - - - to provide users with
- - - - .
A) data; information -
B) data; transactions -
C) information; data -
D) data; benefits - -
Answer: A -
Concept: The concept of information - - - - -
Objective: Learning Objective 1 - - - -
Difficulty: Easy -
AACSB: Analytical Thinking -
7) information reduces uncertainty, improves decision makers' ability to make - - - - - - - - -
predictions, or confirms expectations. - - -
A) Timely
B) Accurate
C) Relevant
D) Complete
Answer: C
- -
Concept: Information needs and business processes
- - - - - -
Objective: Learning Objective 1 - - -
Difficulty: Easy - -
AACSB: Analytical Thinking -
4
