test bank accounting information systems vernon richardson 2nd edition

, Chapter 1 n



Test bank forAccounting Information Systems: An Introduction
n n n n n n



Answer Key n

n


True / False Questions
n n n


1. AccountingnandnFinancenisnanprimarynactivityninnthenvaluenchain.
n

Answer: FALSE
n

AACSB:nReflectivenThinkin
g
AICPAnBB:nIndustry
AICPAnFN:nDecisionnMakin
g
Blooms:nRemembe
r
Difficulty:n1nEasynLearningnObjective:n01-
04nDescribenhownbusinessnprocessesnaffectnthenfirm’snvaluenchain.
Topic:nThenValuenChainnandnAccountingnInformationnSystems

n

2. AccountingnInformationnSystemsnatnthisndatenarenallncomputerized.
n

Answer:nFALSE
AACSB:nReflectivenThinkin
g
AICPAnBB:nIndustry
AICPAnFN:nDecisionnMakin
g
Blooms:nRemembe
r
Difficulty:n1nEasynLearningnObjective:n01-
02nDistinguishnbetweenndata,ninformationnandnanninformationnsystem.
Topic:nDatanversusnInformation
n

3.
Businessnvaluenincludesnallnthosenitems,neventsnandninteractionsnthatndeterminenthenfinancialnhealthn
andnwell-beingnofnthenfirm.
n

Answer:nTRUE
AACSB:nReflectivenThinkin
g
AICPAnBB:nIndustry
AICPAnFN:nDecisionnMakin
g
Blooms:nRemembe
r
Difficulty:n1nEasynLearningnObjective:n01-
04nDescribenhownbusinessnprocessesnaffectnthenfirm’snvaluenchain.
Topic:nThenValuenChainnandnAccountingnInformationnSystems

n




©n2014nbynMcGraw-
HillnEducation.nThisnisnproprietarynmaterialnsolelynfornauthorizedninstructornuse.nNotnauthorizednfornsalenorndistributionninnanynmanner.nThisndocumentnm
aynnotnbencopied,nscanned,nduplicated,nforwarded,ndistributed,nornpostednonnanwebsite,ninnwholenornpart.n

,5.n

4.
ThenCertifiednInformationnTechnologynProfessionaln(CITP)nisnanprofessionalndesignationnfornthosenwith
n anbroadnrangenofntechnologynknowledgenandndoesnnotnrequirenanCPA.
n

Answer:nnFALSE
AACSB:nReflectivenThinkin
g
AICPAnBB:nIndustry
AICPAnFN:nDecisionnMakin
g
Blooms:nRemembe
r
Difficulty:n1nEasy
LearningnObjective:n01-
03nDistinguishnthenrolesnofnaccountantsninnprovidingninformationnandnexplainncertificationsnrelatedntonaccountingninformationnsystemsnTopic
:nRolenofnAccountantsninnAccountingnInformationnSystems
n

ThenCertifiednInformationnSystemsnAuditorn(CISA)nisnanprofessionalndesignationngenerallynsoughtnbynthos
enperformingnITnaudits.

Answer:nnTRUE
AACSB:nReflectivenThinking
AICPAnBB:nIndustry
AICPAnFN:nDecisionnMaking
Blooms:nRemember
Difficulty:n1nEasy
LearningnObjective:n01-
03nDistinguishnthenrolesnofnaccountantsninnprovidingninformationnandnexplainncertificationsnrelatedntonaccountingninformationnsystemsnTopic
:nRolenofnAccountantsninnAccountingnInformationnSystems




©n2014nbynMcGraw-
HillnEducation.nThisnisnproprietarynmaterialnsolelynfornauthorizedninstructornuse.nNotnauthorizednfornsalenorndistributionninnanynmanner.nThisndocumentnm
aynnotnbencopied,nscanned,nduplicated,nforwarded,ndistributed,nornpostednonnanwebsite,ninnwholenornpart.n

, 6.n
n

Informationnisndefinednasnbeingndatanorganizedninnanmeaningfulnwaynthatnisnusefulntonthenuser.nn
n

Answer:nnTRUE
nAACSB:nReflectivenThinking

AICPAnBB:nIndustry
AICPAnFN:nDecisionnMaking
Blooms:nRemember
Difficulty:n1nEasynLearningnObjective:n01-
02nDistinguishnbetweenndata,ninformationnandnanninformationnsystem.nTopic:nDatanversusnI
nformation




©n2014nbynMcGraw-
HillnEducation.nThisnisnproprietarynmaterialnsolelynfornauthorizedninstructornuse.nNotnauthorizednfornsalenorndistributionninnanynmanner.nThisndocumentnm
aynnotnbencopied,nscanned,nduplicated,nforwarded,ndistributed,nornpostednonnanwebsite,ninnwholenornpart.n