16th Edition by Romney; Steinbart
The major users of accounting information are divided into three main categories:
internal, external, and governmental
a. True
b. False - ANSWER: b. False
A high-level manager is more likely than a lower-level manager to want highly
aggregated information of very detailed data.
a. True
b. False - ANSWER: a. True
The functional management information systems (such as marketing, manufacturing,
human resources, and financial) are logically independent.
a. True
b. False - ANSWER: a. True
A decision support system differs from an expert system in that a decision support
system only helps a user in making a decision, whereas an expert system makes the
decision
a. True
b. False - ANSWER: a. True
The director of internal auditing should report directly to the controller
a. True
b. False - ANSWER: b. False
Stockholders, vendors, and customers are examples of ______ users of a company's
information; office managers, factory supervisors, and the chief financial officer are
examples of ______ users - ANSWER: External; Internal
A(n)_______ is a type of information system that supports nonroutine needs for
information, while ___ systems support routine, nonrecurring information needs. -
ANSWER: Decision Support System; DP
A collection of resources, such as people and equipment, designed to transform
financial and other data into economic information to be communicated to decision
makers is a(n)
a. distributed processing system.
b. accounting information system.
c. management information system.
d. financial information system. - ANSWER: b. accounting information system.
, Information has economic value when
a. it facilitates resource allocation decisions.
b. it is completely correct.
c. it is received on a timely basis.
d. it enables a firm to make a profit. - ANSWER: a. it facilitates resource allocation
decisions.
Which one of the following is an external decision maker?
a. Stockholder
b. Chief executive officer
c. Plant manager
d.Payroll clerk - ANSWER: a. Stockholder
The business process that handles purchasing and bid solicitation is the:
a. inbound sales logistics process.
b. outbound sales logistics process.
c. service process.
d. procurement process. - ANSWER: d. procurement process.
To achieve a division of responsibility, employees with access to inventory should
not also
a. use the computer system.
b. sell inventory.
c. count inventory.
d. prepare inventory accounting records. - ANSWER: d. prepare inventory accounting
records.
In a functional information systems department, application programmers report to
the manager of
a. technical support.
b. programming.
c. user support.
d. operations. - ANSWER: b. programming.
Systems techniques are commonly used in all stages of systems development except
systems analysis.
a. True
b. False - ANSWER: b. False
Systems techniques can be used as documentation tools and tools for systems
design.
a. True
b. False - ANSWER: a. True
A specialized input-output symbol may be used to denote that the data were
processed manually by the system.