WGU D561 PA (Latest 2026/2027 Update) Accounting Information system| Pre-Assessment Questions with Verified Answers| 100% Correct.

WGU D561 PA (Latest 2026/2027
Update) Accounting Information
system| Pre-Assessment Questions with
Verified Answers| 100% Correct.
Question:
What three functions does an AIS perform??
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Answer:
Collect/store data, Transform data into information, Provide internal
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controls to safeguard assets
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Question:
What role do accountants play in AIS??
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Answer:
Designers, auditors, users, consultants, and evaluators of control
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effectiveness




Question:
What is a transaction??
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Answer:

, An agreement between two entities to exchange goods or services,
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recorded in an AIS. i,- i,- i,-




Question:
What are the benefits of a well-designed AIS??
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Answer:

Improved quality, efficiency, knowledge sharing, internal control, supply
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chain, and decision-making.
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Question:
What is value of information??
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Answer:

Benefit produced by information minus the cost of producing it.
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Question:
What is the general ledger??
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Answer:

The main accounting record that summarizes all transactions for an
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organization.


Question: