1
, All Chapters
km km
Accounting Information Systems, 16e (Romney) km km km km
Chapter 1 Conceptual Foundations of Accounting Information Systems
km km km km km km
1 Distinguish data from information, discuss the characteristics of useful information, and
k m km km km km km km km km km km k
mexplain how to determine the value of information.
km km km km km km km
1) Which of the following statements below shows the contrast between data and information?
km km km km km km km km km km km km
A) Data is the primary output of an accounting information system.
km km km km km km km km km
B) Information is the primary output of an accounting information system.
km km km km km km km km km
C) Data is more useful in decision making than information.
km km km km km km km km
D) Data and information are the sam
km km km km km
e. Answer: B
km k m
Concept: The concept of information O
k m km km km km
bjective: Learning Objective 1 Difficul
k m km km km
ty: Easy k m
AACSB: Analytical Thinking km
2) When a subsystem's goals are inconsistent with the goals of another subsystem or wit
km km km km km km km km km km km km km
h the system as a whole, it creates
km km km km km km km
A) system inconsistence. km
B) system conflict. km
C) goal inconsistence. km
D) goal conflict km
.
Answer: D k m k m
Concept: The concept of information O
k m km km km km
bjective: Learning Objective 1 Difficul
k m km km km
ty: Easy k m
AACSB: Analytical Thinking km
3) When a subsystem achieves its goals while contributing to the organization's overall goal
km km km km km km km km km km km km
, it is called
km km km
A) system match. km
B) system congruence. km
C) goal congruence. km
D) goal match km
. Answer: C
km k m
Concept: The concept of information k m km km km km
Objective: Learning Objective 1 Diffic k m km km km
ulty: Easy k m
AACSB: Analytical Thinking km
2
,4) Information is best described as km km km km
A) raw facts about transactions.
km km km
B) data that has been organized and processed so that it is meaningful to the user.
km km km km km km km km km km km km km km
C) facts that are useful when processed in a timely manner.
km km km km km km km km km
D) the same thing as dat
km km km km
a.
Answer: B k m k m
Concept: The concept of information O
k m km km km km
bjective: Learning Objective 1 Difficul
k m km km km
ty: Easy
k m
AACSB: Analytical Thinking km
5) The value of information can best be determined by
km km km km km km km km
A) its usefulness to decision makers.
km km km km
B) its relevance to decision makers.
km km km km
C) the benefits associated with obtaining the information minus the cost of producing it.
km km km km km km km km km km km km
D) the extent to which it optimizes the value ch
km km km km km km km km
ain. Answer: C
km k m
Concept: The concept of information O
k m km km km km
bjective: Learning Objective 1 Difficul
k m km km km
ty: Moderate
k m
AACSB: Analytical Thinking km
6) An accounting information system (AIS) processes
km km km km km km to provide users with
km km km km .
A) data; information km
B) data; transactions km
C) information; data km
D) data; benefit km
s Answer: A
km k m
Concept: The concept of information O
k m km km km km
bjective: Learning Objective 1 Difficul
k m km km km
ty: Easy
k m
AACSB: Analytical Thinking km
7) information reduces uncertainty, improves decision makers' ability to m km km km km km km km km
ake predictions, or confirms expectations.
km km km km
A) Timely
B) Accurate
C) Relevant
D) Complete
Answer:
km k m
C
Concept: Information needs and business processes
k m km km km km km
Objective: Learning Objective 1 k m km km
Difficulty: Easy k m k m
AACSB: Analytical Thinking km
3
, 8) Information that is free from error or bias and faithfully represents the events or activit
km km km km km km km km km km km km km km
ies of the organization is
km km km km
A) relevant.
B) accurate.
C) verifiable.
D) timely. km
Answer: k m
B
Concept: The concept of information O
k m km km km km
bjective: Learning Objective 1 Difficul
k m km km km
ty: Easy
k m
AACSB: Analytical Thinking km
9) Information that does not omit important aspects of the underlying events or activities t
km km km km km km km km km km km km km
hat it measures is
km km km
A) complete.
B) available.
C) relevant.
D) timely. km
Answer: k m
A
Concept: The concept of information O
k m km km km km
bjective: Learning Objective 1 Difficul
k m km km km
ty: Easy
k m
AACSB: Analytical Thinking km
10) Information is km km
when two knowledgeable people independently produce the same information.
km km km km km km km km
A) verifiable
B) relevant
C) accurate
D) complete
Answer:
km k m
A
Concept: The concept of information O
k m km km km km
bjective: Learning Objective 1 Difficul
k m km km km
ty: Easy
k m
AACSB: Analytical Thinking km
4
, All Chapters
km km
Accounting Information Systems, 16e (Romney) km km km km
Chapter 1 Conceptual Foundations of Accounting Information Systems
km km km km km km
1 Distinguish data from information, discuss the characteristics of useful information, and
k m km km km km km km km km km km k
mexplain how to determine the value of information.
km km km km km km km
1) Which of the following statements below shows the contrast between data and information?
km km km km km km km km km km km km
A) Data is the primary output of an accounting information system.
km km km km km km km km km
B) Information is the primary output of an accounting information system.
km km km km km km km km km
C) Data is more useful in decision making than information.
km km km km km km km km
D) Data and information are the sam
km km km km km
e. Answer: B
km k m
Concept: The concept of information O
k m km km km km
bjective: Learning Objective 1 Difficul
k m km km km
ty: Easy k m
AACSB: Analytical Thinking km
2) When a subsystem's goals are inconsistent with the goals of another subsystem or wit
km km km km km km km km km km km km km
h the system as a whole, it creates
km km km km km km km
A) system inconsistence. km
B) system conflict. km
C) goal inconsistence. km
D) goal conflict km
.
Answer: D k m k m
Concept: The concept of information O
k m km km km km
bjective: Learning Objective 1 Difficul
k m km km km
ty: Easy k m
AACSB: Analytical Thinking km
3) When a subsystem achieves its goals while contributing to the organization's overall goal
km km km km km km km km km km km km
, it is called
km km km
A) system match. km
B) system congruence. km
C) goal congruence. km
D) goal match km
. Answer: C
km k m
Concept: The concept of information k m km km km km
Objective: Learning Objective 1 Diffic k m km km km
ulty: Easy k m
AACSB: Analytical Thinking km
2
,4) Information is best described as km km km km
A) raw facts about transactions.
km km km
B) data that has been organized and processed so that it is meaningful to the user.
km km km km km km km km km km km km km km
C) facts that are useful when processed in a timely manner.
km km km km km km km km km
D) the same thing as dat
km km km km
a.
Answer: B k m k m
Concept: The concept of information O
k m km km km km
bjective: Learning Objective 1 Difficul
k m km km km
ty: Easy
k m
AACSB: Analytical Thinking km
5) The value of information can best be determined by
km km km km km km km km
A) its usefulness to decision makers.
km km km km
B) its relevance to decision makers.
km km km km
C) the benefits associated with obtaining the information minus the cost of producing it.
km km km km km km km km km km km km
D) the extent to which it optimizes the value ch
km km km km km km km km
ain. Answer: C
km k m
Concept: The concept of information O
k m km km km km
bjective: Learning Objective 1 Difficul
k m km km km
ty: Moderate
k m
AACSB: Analytical Thinking km
6) An accounting information system (AIS) processes
km km km km km km to provide users with
km km km km .
A) data; information km
B) data; transactions km
C) information; data km
D) data; benefit km
s Answer: A
km k m
Concept: The concept of information O
k m km km km km
bjective: Learning Objective 1 Difficul
k m km km km
ty: Easy
k m
AACSB: Analytical Thinking km
7) information reduces uncertainty, improves decision makers' ability to m km km km km km km km km
ake predictions, or confirms expectations.
km km km km
A) Timely
B) Accurate
C) Relevant
D) Complete
Answer:
km k m
C
Concept: Information needs and business processes
k m km km km km km
Objective: Learning Objective 1 k m km km
Difficulty: Easy k m k m
AACSB: Analytical Thinking km
3
, 8) Information that is free from error or bias and faithfully represents the events or activit
km km km km km km km km km km km km km km
ies of the organization is
km km km km
A) relevant.
B) accurate.
C) verifiable.
D) timely. km
Answer: k m
B
Concept: The concept of information O
k m km km km km
bjective: Learning Objective 1 Difficul
k m km km km
ty: Easy
k m
AACSB: Analytical Thinking km
9) Information that does not omit important aspects of the underlying events or activities t
km km km km km km km km km km km km km
hat it measures is
km km km
A) complete.
B) available.
C) relevant.
D) timely. km
Answer: k m
A
Concept: The concept of information O
k m km km km km
bjective: Learning Objective 1 Difficul
k m km km km
ty: Easy
k m
AACSB: Analytical Thinking km
10) Information is km km
when two knowledgeable people independently produce the same information.
km km km km km km km km
A) verifiable
B) relevant
C) accurate
D) complete
Answer:
km k m
A
Concept: The concept of information O
k m km km km km
bjective: Learning Objective 1 Difficul
k m km km km
ty: Easy
k m
AACSB: Analytical Thinking km
4
