1
,2
,1) Accounting and Finance is a primary activity in the value chain.
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⊚ true z
⊚ false z
2) As of today, Accounting Information Systems are all computerized.
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⊚ true z
⊚ false z
3) Business value includes all those items, events and interactions that determine the financial he
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alth and well-being of the firm.
z z z z z
⊚ true z
⊚ false z
4) The Certified Information Technology Professional (CITP) is a professional designation for th
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ose with a broad range of technology knowledge and does not require a CPA.
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⊚ true z
⊚ false z
5) The Certified Information Systems Auditor (CISA) is a professional designation generally so
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ught by those performing IT audits.
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⊚ true z
⊚ false z
6) Information is defined as being data organized in a meaningful way that is useful to the user.
z z z z z z z z z z z z z z z z
⊚ true z
⊚ false z
7) Data is defined as being information organized in a meaningful way that is useful to the user.
z z z z z z z z z z z z z z z z
⊚ true z
⊚ false z
3
, 8) An AIS may create value by giving access to management information relevant to the de
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cision makers. z
⊚ true z
⊚ false z
9) An AIS may create value by providing an internal control structure needed to make sure the inf
z z z z z z z z z z z z z z z z
ormation is secure, reliable, and free from error.
z z z z z z z
⊚ true z
⊚ false z
10) Relevant information’s most defining characteristic is that it is free from bias and error.
z z z z z z z z z z z z z
⊚ true z
⊚ false z
11) The characteristics of relevant information include predictive value, feedback value and ti
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meliness.
⊚ true z
⊚ false z
12) A faithful representation of the underlying event should reflect the bias of the system analyst.
z z z z z z z z z z z z z z
⊚ true z
⊚ false z
13) Information overload is defined as the difficulty a person faces in understanding a problem an
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d making a decision as a consequence of too much information.
z z z z z z z z z z
⊚ true z
⊚ false z
14) The main financial benefit of Customer Relationship Management practices reduces the cost of
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goods sold. z
⊚ true z
⊚ false z
4
,2
,1) Accounting and Finance is a primary activity in the value chain.
z z z z z z z z z z
⊚ true z
⊚ false z
2) As of today, Accounting Information Systems are all computerized.
z z z z z z z z
⊚ true z
⊚ false z
3) Business value includes all those items, events and interactions that determine the financial he
z z z z z z z z z z z z z
alth and well-being of the firm.
z z z z z
⊚ true z
⊚ false z
4) The Certified Information Technology Professional (CITP) is a professional designation for th
z z z z z z z z z z z
ose with a broad range of technology knowledge and does not require a CPA.
z z z z z z z z z z z z z
⊚ true z
⊚ false z
5) The Certified Information Systems Auditor (CISA) is a professional designation generally so
z z z z z z z z z z z
ught by those performing IT audits.
z z z z z
⊚ true z
⊚ false z
6) Information is defined as being data organized in a meaningful way that is useful to the user.
z z z z z z z z z z z z z z z z
⊚ true z
⊚ false z
7) Data is defined as being information organized in a meaningful way that is useful to the user.
z z z z z z z z z z z z z z z z
⊚ true z
⊚ false z
3
, 8) An AIS may create value by giving access to management information relevant to the de
z z z z z z z z z z z z z z
cision makers. z
⊚ true z
⊚ false z
9) An AIS may create value by providing an internal control structure needed to make sure the inf
z z z z z z z z z z z z z z z z
ormation is secure, reliable, and free from error.
z z z z z z z
⊚ true z
⊚ false z
10) Relevant information’s most defining characteristic is that it is free from bias and error.
z z z z z z z z z z z z z
⊚ true z
⊚ false z
11) The characteristics of relevant information include predictive value, feedback value and ti
z z z z z z z z z z z
meliness.
⊚ true z
⊚ false z
12) A faithful representation of the underlying event should reflect the bias of the system analyst.
z z z z z z z z z z z z z z
⊚ true z
⊚ false z
13) Information overload is defined as the difficulty a person faces in understanding a problem an
z z z z z z z z z z z z z z
d making a decision as a consequence of too much information.
z z z z z z z z z z
⊚ true z
⊚ false z
14) The main financial benefit of Customer Relationship Management practices reduces the cost of
z z z z z z z z z z z z z
goods sold. z
⊚ true z
⊚ false z
4