CSUF ACCT 307 MIDTERM| With complete solu on|
Updated | RATED A+ | NEW
The "S" in the acronym "AIS" stands for:
a) Standard
b) System
c) Symbol
d) none of these - Answer b) system
Most AISs perform all of these func ons except:
a) Collect raw accoun ng data
b) Store accoun ng data for future uses
c) Process data into useful informa on
d) AISs perform all of these func ons - Answer d) AIS' perform all of these func on
Which of the following is true?
a) An AIS must be computerized to be useful
b) An AIS always produces useful informa on
c) An AIS always produces financial informa on
d) none of these - Answer d) non of these
The designa on for a licensed informa on systems audit professional is:
a) CPA
b) CMA
c) CIA
, d) CISA - Answer d) CISA
Which of the following best describes "predic ve analy cs"?
a) It is a method auditors use to predict when managers might have a weak internal control
system
b) It is a technique that uses data stored in data warehouses to create systems that allow
managers to use their data to improve performance
c) It is a method used to prevent managers from overriding internal controls
d) none of the above - Answer b) is is a technique that uses data stored in data warehouses to
create systems that allow managers to us their data to improve performance
Which of the following accoun ng func ons has been automated by most companies'
informa on processing subsystems?
a) Pos ng to ledgers
b) Recording journal entries
c) Preparing trial balances
d) all of the above - Answer d) all of the above
A special type of systems consultant who is licensed to sell par cular so-ware packages and
provide organiza ons with consul ng services related to that so-ware is called______'
a) CPA
b) SAR
c) VAR
d) CISA - Answer c) VAR
Which of the following is likely to be informa on rather than data?
a) sales price
Updated | RATED A+ | NEW
The "S" in the acronym "AIS" stands for:
a) Standard
b) System
c) Symbol
d) none of these - Answer b) system
Most AISs perform all of these func ons except:
a) Collect raw accoun ng data
b) Store accoun ng data for future uses
c) Process data into useful informa on
d) AISs perform all of these func ons - Answer d) AIS' perform all of these func on
Which of the following is true?
a) An AIS must be computerized to be useful
b) An AIS always produces useful informa on
c) An AIS always produces financial informa on
d) none of these - Answer d) non of these
The designa on for a licensed informa on systems audit professional is:
a) CPA
b) CMA
c) CIA
, d) CISA - Answer d) CISA
Which of the following best describes "predic ve analy cs"?
a) It is a method auditors use to predict when managers might have a weak internal control
system
b) It is a technique that uses data stored in data warehouses to create systems that allow
managers to use their data to improve performance
c) It is a method used to prevent managers from overriding internal controls
d) none of the above - Answer b) is is a technique that uses data stored in data warehouses to
create systems that allow managers to us their data to improve performance
Which of the following accoun ng func ons has been automated by most companies'
informa on processing subsystems?
a) Pos ng to ledgers
b) Recording journal entries
c) Preparing trial balances
d) all of the above - Answer d) all of the above
A special type of systems consultant who is licensed to sell par cular so-ware packages and
provide organiza ons with consul ng services related to that so-ware is called______'
a) CPA
b) SAR
c) VAR
d) CISA - Answer c) VAR
Which of the following is likely to be informa on rather than data?
a) sales price
