ACC 3510 Exam 1 Merged With
Correct Complete Solutions ||
Already Graded A+ || 2026-2027
Latest Update!!!
Recorded transactions that are saved in the cloud would be an
example of a(n) ____________ activity in an information system. -
ANSWER-Storage
In the information value chain presented in the book, what precedes
the collection of data? - ANSWER-Business Event
An attribute of relevant information is: the information is _________. -
ANSWER-Timely
What is a primary activity of the value chain? - ANSWER-Inbound
logistics
An accounting information system is defined as a system that records,
processes and reports on business ____________ - ANSWER-
Transactions
,What would be an appropriate designation for a CPA with a broad
range of technology knowledge and experience? - ANSWER-Certified
Information Technology Professional (CITP)
When accountants input journal entries or calculate the cost of a
product input, the accountants' role in an accounting information
system is that of a _____. - ANSWER-User
The four roles of accountants with respect to accounting information
systems include user, designer, evaluator and _____. - ANSWER-
Manager
What is the IT strategic role that fundamentally redefines business
process and relationships through the use of technology? - ANSWER-
Transform
Sales recorded in a cash register would be an example of a(n)
____________ activity in an information system. - ANSWER-Input
In the information value chain presented in the book, what precedes
the receipt of information? - ANSWER-Data
Accounting information systems provide decision makers
_____________________. - ANSWER-financial and nonfinancial
information
Accountants are _____ of accounting information systems when they
plan, coordinate, organize, staff, direct and lead those information
systems - ANSWER-Manager
What is the IT strategic role that uses technology to provide
information to senior management? - ANSWER-Informate-up
,A(n) ________ system is a centralized database that collects data from
throughout the firm. - ANSWER-Enterprise, ERP, ES
True or false: Supply chain is the term used to describe a firm's
interactions with its current and potential clients. - ANSWER-False
_____ manages the interaction between the company and its
customer, from initial lead to customer service after the sale. -
ANSWER-Customer Relationship Management Software
What would be the most appropriate designation for a professional
who serves as an IT auditor? - ANSWER-Certified Information Systems
Auditor (CISA)
What is the IT strategic role that uses technology to provide
information about business activities to senior management or to
employees across the firm? - ANSWER-Informate
A monthly sales report produced by an information system would be
an example of a(n) ____________ activity. - ANSWER-Output
An ________ system serves as a central depository for information
from orders, customers, sales, inventory, and employees. - ANSWER-
Enterprise or ERP
What process refers to the flow of materials, information, payments
and services from raw materials suppliers to the final customer? -
ANSWER-Supply Chain
What is the IT strategic role that replaces human labor with
technology? - ANSWER-Automate
, Which system can significantly lower the cost of support processes
included in sales, general and administrative expenses (SG&A)? -
ANSWER-Enterprise System
To be useful to decision makers, information from an AIS must be both
relevant and __________. - ANSWER-be a faithful representative
True or false: Data that collects the characteristics of different
transactions has great value to an organization. - ANSWER-False
Managerial accounting information is generally produced for internal
information purposes and would be considered to be ____________. -
ANSWER-discretionary information
Raw facts that describe the basic characteristics of an event would be
defined as _________. - ANSWER-Data
Activity-based costing would be an example of ____________. -
ANSWER-discretionary information
The International Federation of Accountants suggests that accounting
can hardly be viewed separately from which field? - ANSWER-
Information Technology
Accountants gather information relevant in solving business problems,
create or extract that information, and then ______ the information to
solve the problem. - ANSWER-Analyze
An attribute of relevant information is: the information provides
_________. - ANSWER-predictive value
External auditors accessing their client's accounting information
system would be serving the accountant's role in an accounting
information system of a(n) _____. - ANSWER-Evaluator
Correct Complete Solutions ||
Already Graded A+ || 2026-2027
Latest Update!!!
Recorded transactions that are saved in the cloud would be an
example of a(n) ____________ activity in an information system. -
ANSWER-Storage
In the information value chain presented in the book, what precedes
the collection of data? - ANSWER-Business Event
An attribute of relevant information is: the information is _________. -
ANSWER-Timely
What is a primary activity of the value chain? - ANSWER-Inbound
logistics
An accounting information system is defined as a system that records,
processes and reports on business ____________ - ANSWER-
Transactions
,What would be an appropriate designation for a CPA with a broad
range of technology knowledge and experience? - ANSWER-Certified
Information Technology Professional (CITP)
When accountants input journal entries or calculate the cost of a
product input, the accountants' role in an accounting information
system is that of a _____. - ANSWER-User
The four roles of accountants with respect to accounting information
systems include user, designer, evaluator and _____. - ANSWER-
Manager
What is the IT strategic role that fundamentally redefines business
process and relationships through the use of technology? - ANSWER-
Transform
Sales recorded in a cash register would be an example of a(n)
____________ activity in an information system. - ANSWER-Input
In the information value chain presented in the book, what precedes
the receipt of information? - ANSWER-Data
Accounting information systems provide decision makers
_____________________. - ANSWER-financial and nonfinancial
information
Accountants are _____ of accounting information systems when they
plan, coordinate, organize, staff, direct and lead those information
systems - ANSWER-Manager
What is the IT strategic role that uses technology to provide
information to senior management? - ANSWER-Informate-up
,A(n) ________ system is a centralized database that collects data from
throughout the firm. - ANSWER-Enterprise, ERP, ES
True or false: Supply chain is the term used to describe a firm's
interactions with its current and potential clients. - ANSWER-False
_____ manages the interaction between the company and its
customer, from initial lead to customer service after the sale. -
ANSWER-Customer Relationship Management Software
What would be the most appropriate designation for a professional
who serves as an IT auditor? - ANSWER-Certified Information Systems
Auditor (CISA)
What is the IT strategic role that uses technology to provide
information about business activities to senior management or to
employees across the firm? - ANSWER-Informate
A monthly sales report produced by an information system would be
an example of a(n) ____________ activity. - ANSWER-Output
An ________ system serves as a central depository for information
from orders, customers, sales, inventory, and employees. - ANSWER-
Enterprise or ERP
What process refers to the flow of materials, information, payments
and services from raw materials suppliers to the final customer? -
ANSWER-Supply Chain
What is the IT strategic role that replaces human labor with
technology? - ANSWER-Automate
, Which system can significantly lower the cost of support processes
included in sales, general and administrative expenses (SG&A)? -
ANSWER-Enterprise System
To be useful to decision makers, information from an AIS must be both
relevant and __________. - ANSWER-be a faithful representative
True or false: Data that collects the characteristics of different
transactions has great value to an organization. - ANSWER-False
Managerial accounting information is generally produced for internal
information purposes and would be considered to be ____________. -
ANSWER-discretionary information
Raw facts that describe the basic characteristics of an event would be
defined as _________. - ANSWER-Data
Activity-based costing would be an example of ____________. -
ANSWER-discretionary information
The International Federation of Accountants suggests that accounting
can hardly be viewed separately from which field? - ANSWER-
Information Technology
Accountants gather information relevant in solving business problems,
create or extract that information, and then ______ the information to
solve the problem. - ANSWER-Analyze
An attribute of relevant information is: the information provides
_________. - ANSWER-predictive value
External auditors accessing their client's accounting information
system would be serving the accountant's role in an accounting
information system of a(n) _____. - ANSWER-Evaluator
