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Solution manual for Accounting Information
Systems 4th Edition by Vernon Richardson,
Chengyee Chang, Rod Smith
, Stuvia.com - The Marketplace to Buy and Sell your Study Material
Table of contents
1. Chapter 1: Accounting Information Systems and Firm Value
2. Chapter 2: Data Analytics: Addressing Accounting Questions with Data
3. Chapter 3: Data Analytics: Data Visualizations
4. Chapter 4: Process Modeling and Documentation Tools
5. Chapter 5: Data Modeling and Control Concepts
6. Chapter 6: Relational Databases and Enterprise Systems
7. Chapter 7: Sales and Collections Business Process
8. Chapter 8: Purchases and Payments Business Process
9. Chapter 9: Conversion Business Process
10. Chapter 10: Integrated Project
11. Chapter 11: Accounting Information Systems and Internal Controls
12. Chapter 12: Cybersecurity and Computer Fraud
13. Chapter 13: Monitoring and Auditing AIS
14. Chapter 14: Extensible Business Reporting Language (XBRL)
15. Chapter 15: Emerging Technologies: Blockchain and AI Automation
16. Chapter 16: The Balanced Scorecard and Business Value of Information Technology
17. Chapter 17: Justifying and Planning IT Initiatives Using Project Management Techniques
, Stuvia.com - The Marketplace to Buy and Sell your Study Material
chapter 1: accounting information systems and firm value
multiple choice questions
1. (lo 1-1) accounting information systems
a. are always computerized.
b. report only financially related information.
c. are information systems that record, process, and report on transactions to provide
financial and nonfinancial information for decision making and control.
d. require a citp designation to understand.
Ans: c
2. (lo 1-1) which of the following is a characteristic of relevance?
a. materiality
b. timeliness
c. verifiable
d. cost to
generate Ans: a
3. (lo 1-2) which of the following is considered to be mandatory information required by a
regulatory body?
a. 10-q submission to the securities and exchange commission
b. the cost to produce a samsung galaxy
c. the number of organic bananas that are sold at whole foods on july 28
d. the cost to build an all-new starbucks restaurant in shenzhen,
china Ans: a
4. (lo 1-4) the correct order of events in the value chain is
a. inbound logistics ➛ operations ➛ service.
b. inbound logistics ➛ outbound logistics ➛ marketing and sales.
c. inbound logistics ➛ operations ➛ outbound logistics.
d. inbound logistics ➛ operations ➛ marketing and sales.
Ans: c
5. (lo 1-8) which system contributes information on direct labor to a cost accounting system?
a. supply chain management system (scms)
b. financial reporting system (frs)
c. customer relational management system (crm)
2
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d. human resource management system
(hrms) Ans: d
6. (lo 1-7) a supply chain
a. supplies jewelry chains.
b. refers to the flow of materials, information, payments, and services.
c. is similar in function and purpose to the value chain.
d. does not apply to a service firm like an accounting firm.
Ans: b
7. (lo 1-7) customer relationship management software does not include information about
a. current customers.
b. prospective customers.
c. former customers.
d. current employees.
Ans: d
8. (lo 1-6) an information system that measures and records accounting transactions and
reports them in the financial statements is called a
a. financial reporting system (frs).
b. enterprise system (es).
c. manufacturing system (ms).
d. cost accounting system.
Ans: a
9. (lo 1-3) what is the name of the position for a person responsible for
determining information needs of a business and designing a system to meet those
needs?
a. chief information officer
b. controller
c. it auditor
d. systems
analyst Ans: d
10. (lo 1-9) the balance sheet account most likely affected by an aisinvestment in supply
chain management software would be
a. inventories.
b. fixed assets.
c. cash and cash equivalents.
3
Solution manual for Accounting Information
Systems 4th Edition by Vernon Richardson,
Chengyee Chang, Rod Smith
, Stuvia.com - The Marketplace to Buy and Sell your Study Material
Table of contents
1. Chapter 1: Accounting Information Systems and Firm Value
2. Chapter 2: Data Analytics: Addressing Accounting Questions with Data
3. Chapter 3: Data Analytics: Data Visualizations
4. Chapter 4: Process Modeling and Documentation Tools
5. Chapter 5: Data Modeling and Control Concepts
6. Chapter 6: Relational Databases and Enterprise Systems
7. Chapter 7: Sales and Collections Business Process
8. Chapter 8: Purchases and Payments Business Process
9. Chapter 9: Conversion Business Process
10. Chapter 10: Integrated Project
11. Chapter 11: Accounting Information Systems and Internal Controls
12. Chapter 12: Cybersecurity and Computer Fraud
13. Chapter 13: Monitoring and Auditing AIS
14. Chapter 14: Extensible Business Reporting Language (XBRL)
15. Chapter 15: Emerging Technologies: Blockchain and AI Automation
16. Chapter 16: The Balanced Scorecard and Business Value of Information Technology
17. Chapter 17: Justifying and Planning IT Initiatives Using Project Management Techniques
, Stuvia.com - The Marketplace to Buy and Sell your Study Material
chapter 1: accounting information systems and firm value
multiple choice questions
1. (lo 1-1) accounting information systems
a. are always computerized.
b. report only financially related information.
c. are information systems that record, process, and report on transactions to provide
financial and nonfinancial information for decision making and control.
d. require a citp designation to understand.
Ans: c
2. (lo 1-1) which of the following is a characteristic of relevance?
a. materiality
b. timeliness
c. verifiable
d. cost to
generate Ans: a
3. (lo 1-2) which of the following is considered to be mandatory information required by a
regulatory body?
a. 10-q submission to the securities and exchange commission
b. the cost to produce a samsung galaxy
c. the number of organic bananas that are sold at whole foods on july 28
d. the cost to build an all-new starbucks restaurant in shenzhen,
china Ans: a
4. (lo 1-4) the correct order of events in the value chain is
a. inbound logistics ➛ operations ➛ service.
b. inbound logistics ➛ outbound logistics ➛ marketing and sales.
c. inbound logistics ➛ operations ➛ outbound logistics.
d. inbound logistics ➛ operations ➛ marketing and sales.
Ans: c
5. (lo 1-8) which system contributes information on direct labor to a cost accounting system?
a. supply chain management system (scms)
b. financial reporting system (frs)
c. customer relational management system (crm)
2
, Stuvia.com - The Marketplace to Buy and Sell your Study Material
d. human resource management system
(hrms) Ans: d
6. (lo 1-7) a supply chain
a. supplies jewelry chains.
b. refers to the flow of materials, information, payments, and services.
c. is similar in function and purpose to the value chain.
d. does not apply to a service firm like an accounting firm.
Ans: b
7. (lo 1-7) customer relationship management software does not include information about
a. current customers.
b. prospective customers.
c. former customers.
d. current employees.
Ans: d
8. (lo 1-6) an information system that measures and records accounting transactions and
reports them in the financial statements is called a
a. financial reporting system (frs).
b. enterprise system (es).
c. manufacturing system (ms).
d. cost accounting system.
Ans: a
9. (lo 1-3) what is the name of the position for a person responsible for
determining information needs of a business and designing a system to meet those
needs?
a. chief information officer
b. controller
c. it auditor
d. systems
analyst Ans: d
10. (lo 1-9) the balance sheet account most likely affected by an aisinvestment in supply
chain management software would be
a. inventories.
b. fixed assets.
c. cash and cash equivalents.
3
