Test Bank for Accounting Information Systems (AIS) - True/False, MCQs & Essays with Answer Key

TESTMBANKMFOR
AccountingMInformationMSystems,M4thMEditionMbyMVernonMRichardson


AnswersMIncluded
ChapM01M4eMRichardso
n
1) AccountingMandMFinanceMisMaMprimaryMactivityMinMtheMvalueMchain.
⊚M true
⊚M false



2) AsMofMtoday,MAccountingMInformationMSystemsMareMallMcomputerized.
⊚M true
⊚M false



3) BusinessMvalueMincludesMallMthoseMitems,MeventsMandMinteractionsMthatMdetermineMtheM
financialMhealthMandMwell-beingMofMtheMfirm.
⊚M true
⊚M false



4) TheMCertifiedMInformationMTechnologyMProfessionalM(CITP)MisMaMprofessionalMdesignati
onMforMthoseMwithMaMbroadMrangeMofMtechnologyMknowledgeMandMdoesMnotMrequireMaM
CPA.
⊚M true
⊚M false



5) TheMCertifiedMInformationMSystemsMAuditorM(CISA)MisMaMprofessionalMdesignationMge
nerallyMsoughtMbyMthoseMperformingMITMaudits.
⊚M true
⊚M false



6) InformationMisMdefinedMasMbeingMdataMorganizedMinMaMmeaningfulMwayMthatMisMusefulMtoMtheMuse
r.
⊚M true
⊚M false



7) DataMisMdefinedMasMbeingMinformationMorganizedMinMaMmeaningfulMwayMthatMisMusefulMtoMtheMus
er.
⊚M true
⊚M false

,8) AnMAISMmayMcreateMvalueMbyMgivingMaccessMtoMmanagementMinformationMreleva
ntMtoMtheMdecisionMmakers.
⊚M true
⊚M false



9) AnMAISMmayMcreateMvalueMbyMprovidingManMinternalMcontrolMstructureMneededMtoMmak
eMsureMtheMinformationMisMsecure,Mreliable,MandMfreeMfromMerror.
⊚M true
⊚M false



10) RelevantMinformation’sMmostMdefiningMcharacteristicMisMthatMitMisMfreeMfromMbiasMandMerror.
⊚M true
⊚M false



11) TheMcharacteristicsMofMrelevantMinformationMincludeMpredictiveMvalue,MfeedbackMval
ueMandMtimeliness.
⊚M true
⊚M false



12) AMfaithfulMrepresentationMofMtheMunderlyingMeventMshouldMreflectMtheMbiasMofMtheMsystemManalyst
.
⊚M true
⊚M false



13) InformationMoverloadMisMdefinedMasMtheMdifficultyMaMpersonMfacesMinMunderstandingMa
M problemMandMmakingMaMdecisionMasMaMconsequenceMofMtooMmuchMinformation.
⊚M true
⊚M false



14) TheMmainMfinancialMbenefitMofMCustomerMRelationshipMManagementMpracticesMreducesMt
heMcostMofMgoodsMsold.
⊚M true
⊚M false

,15) AnMefficientMEnterpriseMSystemMcanMsignificantlyMlowerMtheMcostMofMsupportMprocessesMi
ncludedMinMsales,Mgeneral,MandMadministrativeMexpenses.
⊚M true
⊚M false



16) AnMaccountingMinformationMsystemM(AIS)MisMdefinedMasMbeingManMinformationMsyst
emMthatMrecords,MprocessesMandMreportsMonMtransactionsMtoMprovideMfinancialMandM
nonfinancialMinformationMforMdecisionMmakingMandMcontrol.
⊚M true
⊚M false



17) AnMenterpriseMsystemMisMaMcentralizedMdatabaseMthatMcollectsMdataMfromMthroughoutM
theMfirm.MThisMincludesMdataMfromMorders,Mcustomers,Msales,MinventoryMandMemploye
es.
⊚M true
⊚M false



18) OutboundMlogisticsMareMtheMactivitiesMassociatedMwithMreceivingMandMstoringMrawMmat
erialsMasMwellMasMactivitiesMthatMtransformMtheseMinputsMintoMfinishedMgoods.
⊚M true
⊚M false



19) ServiceMActivitiesMasMdefinedMinMtheMvalueMchainMareMthoseMactivitiesMthatMprovideMtheM
supportMofMcustomersMafterMtheMproductsMandMservicesMareMsoldMtoMthemM(e.g.MwarrantyM
repairs,Mparts,MinstructionMmanuals,Metc.).
⊚M true
⊚M false



20) AMwell-designedMandMwell-
functioningMAISMcanMbeMexpectedMtoMcreateMvalueMbyMprovidingMrelevantMinformati
onMhelpfulMtoMmanagementMtoMincreaseMrevenuesMandMreduceMexpenses.
⊚M true
⊚M false

, 21) ProductionMofMaM1040MtaxMformMfromMtheMAISMtoMbeMdeliveredMtoMtheMInternalMReven
ueMServiceMisManMexampleMofMdiscretionaryMinformation.
⊚M true
⊚M false



22) EnterpriseMSystemsMdoMnotMexistMtoMfacilitateMdecisionMmaking.
⊚M true
⊚M false



23) TheMSarbanes-
OxleyMActMofM2002MisMaMfederalMlawMinMtheMUnitedMStatesMthatMsetMnewMandMenhanc
edMstandardsMforMallMU.S.MpublicMcompanies,MtheirMmanagementMandMpublicMaccountin
gMfirms.
⊚M true
⊚M false



24) CRMMsoftwareMoftenMincludesMtheMuseMofMdatabaseMmarketingMtoolsMtoMlearnMmoreM
aboutMtheMcustomersMandMtoMdevelopMstrongMfirm-to-customerMrelationships.
⊚M true
⊚M false



25) TheMCertifiedMInformationMTechnologyMProfessionalMisMtheMpositionMcreatedMbyMtheMAI
CPAMtoMrecognizeMCPAsMwhoMhaveMtheMabilityMtoMprovideMskilledMprofessionalMservice
sMonMInformationMTechnology.
⊚M true
⊚M false



26) AccountingMInformationMSystemsMwhichMareMcomputerizedMdoMnotMneedMtoMmaintainM
internalMcontrols.
⊚M true
⊚M false