ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)
TEST BANK
All Chapters Included
Page 1
, ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)
Accounting Information Systems, 3rd Edition by Vernon Richardson, Verified Chapters 1 - 18, Complete
TABLE OF CONTENTS
Ch. 1 Accounting Information Systems and Firm
Value
Ch. 2 Accountants as Business Analysts
Ch. 3 Data Modeling
Ch. 4 Relational Databases and Enterprise
Systems
Ch. 5 Sales and Collections Business Process
Ch. 6 Purchases and Payments Business Process
Ch. 7 Conversion Business Process
Ch. 8 Integrated Project
Ch. 9 Reporting Processes and eXtensible Business Reporting Language (XBRL)
Ch. 10 Data Analytics in Accounting: Concepts and the AMPS Model
Ch. 11 Data Analytics in Accounting: Tools and Practice
Ch. 12 Emerging Technologies: Blockchain and AI
Automation
Ch. 13 Accounting Information Systems and Internal
Controls
Ch. 14 Information Security and Computer Fraud
Ch. 15 Monitoring and Auditing AIS
Ch. 16 The Balanced Scorecard, Business Model Canvas, and Business Value of Information
Technology
Ch. 17 Evaluating AIS Investments
Ch. 18 Systems Development and Project Management for AIS
Page 2
, ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)
Chapter 1 Accounting Information Systems and Firm Value
1) Accounting and Finance is a primary activity in the
value chain. Answer: FALSE
Diff: 1
Topic: The Value Chain and Accounting Information Systems
Learning Objective: 01-04 Describe how business processes affect the firm's value
chain. Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
2) Accounting Information Systems at this date are all
computerized. Answer: FALSE
Diff: 1
Topic: Data versus Information
Learning Objective: 01-02 Distinguish among data, information, and an
information system. Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
3) Business value includes all those items, events and interactions that determine the
financial health and well-being of the firm.
Answer: TRUE
Diff: 1
Topic: The Value Chain and Accounting Information Systems
Learning Objective: 01-04 Describe how business processes affect the firm's value
chain. Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
4) The Certified Information Technology Professional (CITP) is a professional
designation for those with a broad range of technology knowledge and does not
require a CPA.
Answer: FALSE
Diff: 1
Topic: Role of Accountants in Accounting Information Systems
Learning Objective: 01-03 Distinguish the roles of accountants in providing information, and explain
certifications related to accounting information systems.
Bloom's: Remember AACSB:
Reflective Thinking
AICPA: BB Industry; FN Decision Making
5) The Certified Information Systems Auditor (CISA) is a professional designation
generally sought by those performing IT audits.
Answer: TRUE
Diff: 1
Topic: Role of Accountants in Accounting Information Systems
Learning Objective: 01-03 Distinguish the roles of accountants in providing information, and explain
Page 3
, ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)
certifications related to accounting information systems.
Bloom's: Remember AACSB:
Reflective Thinking
AICPA: BB Industry; FN Decision Making
6) Information is defined as being data organized in a meaningful way that is
useful to the user. Answer: TRUE
Diff: 1
Topic: Data versus Information
Learning Objective: 01-02 Distinguish among data, information, and an
information system. Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
7) Data is defined as being information organized in a meaningful way that is
useful to the user. Answer: FALSE
Diff: 1
Topic: Data versus Information
Learning Objective: 01-02 Distinguish among data, information, and an
information system. Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
8) A systems analyst analyzes a business problem that might be addressed by an
information system and recommends software or systems to address that problem.
Answer: TRUE
Diff: 1
Topic: The Value Chain and Accounting Information Systems
Learning Objective: 01-04 Describe how business processes affect the firm's value
chain. Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
9) A value chain is defined as the flow of materials, information, payments, and
services from customer to supplier.
Answer: FALSE
Diff: 1
Topic: The Value Chain and Accounting Information Systems
Learning Objective: 01-04 Describe how business processes affect the firm's value
chain. Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
10) Relevant information is that information that is free from
bias and error. Answer: FALSE
Diff: 1
Topic: Definition of Accounting Information Systems; Attributes of Useful Information
Learning Objective: 01-01 Define an accounting information system, and explain characteristics of useful
information. Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
Page 4
TEST BANK
All Chapters Included
Page 1
, ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)
Accounting Information Systems, 3rd Edition by Vernon Richardson, Verified Chapters 1 - 18, Complete
TABLE OF CONTENTS
Ch. 1 Accounting Information Systems and Firm
Value
Ch. 2 Accountants as Business Analysts
Ch. 3 Data Modeling
Ch. 4 Relational Databases and Enterprise
Systems
Ch. 5 Sales and Collections Business Process
Ch. 6 Purchases and Payments Business Process
Ch. 7 Conversion Business Process
Ch. 8 Integrated Project
Ch. 9 Reporting Processes and eXtensible Business Reporting Language (XBRL)
Ch. 10 Data Analytics in Accounting: Concepts and the AMPS Model
Ch. 11 Data Analytics in Accounting: Tools and Practice
Ch. 12 Emerging Technologies: Blockchain and AI
Automation
Ch. 13 Accounting Information Systems and Internal
Controls
Ch. 14 Information Security and Computer Fraud
Ch. 15 Monitoring and Auditing AIS
Ch. 16 The Balanced Scorecard, Business Model Canvas, and Business Value of Information
Technology
Ch. 17 Evaluating AIS Investments
Ch. 18 Systems Development and Project Management for AIS
Page 2
, ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)
Chapter 1 Accounting Information Systems and Firm Value
1) Accounting and Finance is a primary activity in the
value chain. Answer: FALSE
Diff: 1
Topic: The Value Chain and Accounting Information Systems
Learning Objective: 01-04 Describe how business processes affect the firm's value
chain. Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
2) Accounting Information Systems at this date are all
computerized. Answer: FALSE
Diff: 1
Topic: Data versus Information
Learning Objective: 01-02 Distinguish among data, information, and an
information system. Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
3) Business value includes all those items, events and interactions that determine the
financial health and well-being of the firm.
Answer: TRUE
Diff: 1
Topic: The Value Chain and Accounting Information Systems
Learning Objective: 01-04 Describe how business processes affect the firm's value
chain. Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
4) The Certified Information Technology Professional (CITP) is a professional
designation for those with a broad range of technology knowledge and does not
require a CPA.
Answer: FALSE
Diff: 1
Topic: Role of Accountants in Accounting Information Systems
Learning Objective: 01-03 Distinguish the roles of accountants in providing information, and explain
certifications related to accounting information systems.
Bloom's: Remember AACSB:
Reflective Thinking
AICPA: BB Industry; FN Decision Making
5) The Certified Information Systems Auditor (CISA) is a professional designation
generally sought by those performing IT audits.
Answer: TRUE
Diff: 1
Topic: Role of Accountants in Accounting Information Systems
Learning Objective: 01-03 Distinguish the roles of accountants in providing information, and explain
Page 3
, ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)
certifications related to accounting information systems.
Bloom's: Remember AACSB:
Reflective Thinking
AICPA: BB Industry; FN Decision Making
6) Information is defined as being data organized in a meaningful way that is
useful to the user. Answer: TRUE
Diff: 1
Topic: Data versus Information
Learning Objective: 01-02 Distinguish among data, information, and an
information system. Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
7) Data is defined as being information organized in a meaningful way that is
useful to the user. Answer: FALSE
Diff: 1
Topic: Data versus Information
Learning Objective: 01-02 Distinguish among data, information, and an
information system. Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
8) A systems analyst analyzes a business problem that might be addressed by an
information system and recommends software or systems to address that problem.
Answer: TRUE
Diff: 1
Topic: The Value Chain and Accounting Information Systems
Learning Objective: 01-04 Describe how business processes affect the firm's value
chain. Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
9) A value chain is defined as the flow of materials, information, payments, and
services from customer to supplier.
Answer: FALSE
Diff: 1
Topic: The Value Chain and Accounting Information Systems
Learning Objective: 01-04 Describe how business processes affect the firm's value
chain. Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
10) Relevant information is that information that is free from
bias and error. Answer: FALSE
Diff: 1
Topic: Definition of Accounting Information Systems; Attributes of Useful Information
Learning Objective: 01-01 Define an accounting information system, and explain characteristics of useful
information. Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
Page 4
