TEST BANK
All Chapters Included
, Accounting Information Systems, 4th Edition by Vernon Richardson, Verified Chapters 1 - 17
TABLE OF CONTENT
Chapter 1: Accounting Information Systems and Firm Value
Chapter 2: Data Analytics: Addressing Accounting Questions with Data
Chapter 3: Data Analytics: Data Visualizations
Chapter 4: Process Modeling and Documentation Tools
Chapter 5: Data Modeling and Control Concepts
Chapter 6: Relational Databases and Enterprise Systems
Chapter 7: Sales and Collections Business Process
Chapter 8: Purchases and Payments Business Process
Chapter 9: Conversion Business Process
Chapter 10: Integrated Project
Chapter 11: Accounting Information Systems and Internal Controls
Chapter 12: Cybersecurity and Computer Fraud
Chapter 13: Monitoring and Auditing AIS
Chapter 14: EXtensible Business Reporting Language (XBRL)
Chapter 15: Emerging Technologies: Blockchain and AI Automation
Chapter 16: The Balanced Scorecard and Business Value of Information Technology
Chapter 17: Justifying and Planning IT Initiatives Using Project Management Techniques
, 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: 1Topic: 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: 1Topic: 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: 1Topic: 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: 1Topic: Role of Accountants in Accounting Information Systems
Page 3
, ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)
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: 1Topic: 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
6) Information is defined as being data organized in a meaningful way that is
useful to the user. ANSWER: TRUE
Diff: 1Topic: 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: 1Topic: Data versus Information
Learning Objective: 01-02 Distinguish among data, information,
Page 4
All Chapters Included
, Accounting Information Systems, 4th Edition by Vernon Richardson, Verified Chapters 1 - 17
TABLE OF CONTENT
Chapter 1: Accounting Information Systems and Firm Value
Chapter 2: Data Analytics: Addressing Accounting Questions with Data
Chapter 3: Data Analytics: Data Visualizations
Chapter 4: Process Modeling and Documentation Tools
Chapter 5: Data Modeling and Control Concepts
Chapter 6: Relational Databases and Enterprise Systems
Chapter 7: Sales and Collections Business Process
Chapter 8: Purchases and Payments Business Process
Chapter 9: Conversion Business Process
Chapter 10: Integrated Project
Chapter 11: Accounting Information Systems and Internal Controls
Chapter 12: Cybersecurity and Computer Fraud
Chapter 13: Monitoring and Auditing AIS
Chapter 14: EXtensible Business Reporting Language (XBRL)
Chapter 15: Emerging Technologies: Blockchain and AI Automation
Chapter 16: The Balanced Scorecard and Business Value of Information Technology
Chapter 17: Justifying and Planning IT Initiatives Using Project Management Techniques
, 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: 1Topic: 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: 1Topic: 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: 1Topic: 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: 1Topic: Role of Accountants in Accounting Information Systems
Page 3
, ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)
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: 1Topic: 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
6) Information is defined as being data organized in a meaningful way that is
useful to the user. ANSWER: TRUE
Diff: 1Topic: 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: 1Topic: Data versus Information
Learning Objective: 01-02 Distinguish among data, information,
Page 4
