Test Bank For Accounting Information Systems: A Practitioner Emphasis 7th Edition By Cynthia D. Heagy, Constance M. Lehmann || All Chapters , UPDATED

Test Bank

Accounting Information Systems: A Practitioner Emphasis
By Cynthia D. Heagy, Constance M. Lehmann

7th Edition

,Table Of Content
1. Significance Of Accounting Information Systems And The Accountant’s Role.
2. Accounting Systems Documentation.
3. Essential Elements And Basic Activities Of Accounting Systems.
4. Data Flows, Activities, And Structure Of Accounting Systems.
5. Reporting Principles, Coding Methods, And Audit Trails.
6. Internal Control And Risk Assessment.
7. Control Activities And Monitoring.
8. The Financial Process.
9. The Revenue Process.
10. The Purchasing Process.
11. The Inventory Process.
12. Database Structure Of Accounting Systems.
13. Developing A Relational Database For An Accounting Information System.
14. Electronic Business.
15. Ais Selection And Implementation.

,Test Bank For Accounting Information Systems A
Practitioner Emphasis, 7e Cynthia Heagy Constance
Lehmann
Chapter 1

Significance Of Accounting Information Systems
And The Accountant’s Role

MULTIPLE CHOICE QUESTIONS

1. Which Of The Following Is Not Accounting Information?
A. Total Direct/Indirect Labor Hours
B. Delivery Equipment Cost
C. Computer Training Schedule
D. Next Year’s Sales Budget
C

2. In What Terms Can Accounting Information Be Expressed?
A. Units, Percentages, And Money
B. Money, Ratios, And Text
C. Money, Percentages, And Text
D. Units, Percentages, And Text
A

3. Which Of The Following Statements Does Not Apply To Accounting Information?
A. Accounting Information Meets The Legitimate Needs Of External Users.
B. Accounting Information Is Generated By Only External Activities.
C. Accounting Information Communicates Among Parties Transacting
Business With One Another.
D. Accounting Information Provides A Basis For Informed Management
Decision Making.
B

4. Which Of The Following Groups Requires Accounting Data With The Broadest
Perspective?
A. Entry-Level Managers
B. First-Level Managers
C. Middle-Level Managers
D. Upper-Level Managers
D

5. Which Of The Following Statements Is Not True?
A. An Accounting System Deals Primarily With Economic Events That
Affect An Organization’s Accounting Equation.
B. Some Accounting Events May Mature Into Accounting Transactions While
Others May Not.
C. Only Accounting Events That Have Matured Into Accounting Transactions
Must Be Captured And Reported By The Accounting System.

, D. Most Accounting Transactions Result From An Organization’s Day-To-Day
Operations.
C

6. From What Do Accounting Transactions Result?
A. Both External And Internal Activities
B. External Activities
C. Internal Activities
D. Neither External Nor Internal Activities
A

7. Which Of The Following Statements About A Manual Accounting System Is Not Correct?
A. Very Little Data Beyond The Basic Elements Are Included.
B. Data Are Stored In Only One Location.
C. Errors And Inconsistencies Are Common.
D. Data Are Processed For External Reporting.
B

8. For Decision-Making Purposes, Managers Require Data From Which Source(S) And
In Which Terms?
A. Internal And External Sources In Only Monetary Terms
B. Internal Sources In Non-Monetary Terms And External Sources In Monetary
Terms
C. Internal Sources In Non-Monetary Terms And External Sources In Monetary
Terms
D. Internal And External Sources In Both Monetary And Non-Monetary Terms
D

9. Which Of The Following Best Describes A Manual Accounting System?
A. Slow And Prone To Error
B. Limited In The Volume Of Data It Can Process
C. Fast And Accurate
D. A And C, But Not B
E. A And B, But Not C
E

10. What Essential Functions Are Performed By Computer Hardware?
A. Input, Processing, Output, And Instruction Of Data
B. Input, Storage, And Instruction Of Data, And Decision Making
C. Input, Processing, Storage, And Output Of Data
D. Input, Storage, And Output Of Data And Decision Making
C

11. What Are The Roles Of People In Computerized Accounting Systems?
A. To Monitor The Processing Of Data And To Interpret Data
B. To Manufacture Hardware, Write Software, And Maintain The Accounting System
C. To Supervise And Control The Accounting Function
D. A And B, But Not C
E. A, B, And C