1
, Answers Included
j
Chap 01 4e Richardson
j j j
1) Accounting jand jFinance jis ja jprimary jactivity jin jthe jvalue jchain.
⊚ j true
⊚ j false
2) As jof jtoday, jAccounting jInformation jSystems jare jall jcomputerized.
⊚ j true
⊚ j false
3) Business jvalue jincludes jall jthose jitems, jevents jand jinteractions jthat jdetermine jthe jfinancial
health jand jwell-being jof jthe jfirm.
j
⊚ j true
⊚ j false
4) The jCertified jInformation jTechnology jProfessional j(CITP) jis ja jprofessional jdesignation jfor
those jwith ja jbroad jrange jof jtechnology jknowledge jand jdoes jnot jrequire ja jCPA.
j
⊚ j true
⊚ j false
5) The jCertified jInformation jSystems jAuditor j(CISA) jis ja jprofessional jdesignation jgenerally
sought jby jthose jperforming jIT jaudits.
j
⊚ j true
⊚ j false
6) Information jis jdefined jas jbeing jdata jorganized jin ja jmeaningful jway jthat jis juseful jto jthe juser.
⊚ j true
⊚ j false
7) Data jis jdefined jas jbeing jinformation jorganized jin ja jmeaningful jway jthat jis juseful jto jthe juser.
⊚ j true
⊚ j false
2
,8) An jAIS jmay jcreate jvalue jby jgiving jaccess jto jmanagement jinformation jrelevant jto jthe
decision jmakers.
j
⊚ j true
⊚ j false
9) An jAIS jmay jcreate jvalue jby jproviding jan jinternal jcontrol jstructure jneeded jto jmake jsure jthe
information jis jsecure, jreliable, jand jfree jfrom jerror.
j
⊚ j true
⊚ j false
10) Relevant jinformation’s jmost jdefining jcharacteristic jis jthat jit jis jfree jfrom jbias jand jerror.
⊚ j true
⊚ j false
11) The jcharacteristics jof jrelevant jinformation jinclude jpredictive jvalue, jfeedback jvalue jand
timeliness.
j
⊚ j true
⊚ j false
12) A jfaithful jrepresentation jof jthe junderlying jevent jshould jreflect jthe jbias jof jthe jsystem janalyst.
⊚ j true
⊚ j false
13) Information joverload jis jdefined jas jthe jdifficulty ja jperson jfaces jin junderstanding ja jproblem
and jmaking ja jdecision jas ja jconsequence jof jtoo jmuch jinformation.
j
⊚ j true
⊚ j false
14) The jmain jfinancial jbenefit jof jCustomer jRelationship jManagement jpractices jreduces jthe jcost
of jgoods jsold.
j
⊚ j true
⊚ j false
3
, 15) An jefficient jEnterprise jSystem jcan jsignificantly jlower jthe jcost jof jsupport jprocesses jincluded
in jsales, jgeneral, jand jadministrative jexpenses.
j
⊚ j true
⊚ j false
16) An jaccounting jinformation jsystem j(AIS) jis jdefined jas jbeing jan jinformation jsystem jthat
jrecords, jprocesses jand jreports jon jtransactions jto jprovide jfinancial jand jnonfinancial
jinformation jfor jdecision jmaking jand jcontrol.
⊚ j true
⊚ j false
17) An jenterprise jsystem jis ja jcentralized jdatabase jthat jcollects jdata jfrom jthroughout jthe jfirm.
This jincludes jdata jfrom jorders, jcustomers, jsales, jinventory jand jemployees.
j
⊚ j true
⊚ j false
18) Outbound jlogistics jare jthe jactivities jassociated jwith jreceiving jand jstoring jraw jmaterials jas
well jas jactivities jthat jtransform jthese jinputs jinto jfinished jgoods.
j
⊚ j true
⊚ j false
19) Service jActivities jas jdefined jin jthe jvalue jchain jare jthose jactivities jthat jprovide jthe jsupport jof
customers jafter jthe jproducts jand jservices jare jsold jto jthem j(e.g. jwarranty jrepairs, jparts,
j
instruction jmanuals, jetc.).
j
⊚ j true
⊚ j false
20) A jwell-designed jand jwell-functioning jAIS jcan jbe jexpected jto jcreate jvalue jby jproviding
relevant jinformation jhelpful jto jmanagement jto jincrease jrevenues jand jreduce jexpenses.
j
⊚ j true
⊚ j false
4
, Answers Included
j
Chap 01 4e Richardson
j j j
1) Accounting jand jFinance jis ja jprimary jactivity jin jthe jvalue jchain.
⊚ j true
⊚ j false
2) As jof jtoday, jAccounting jInformation jSystems jare jall jcomputerized.
⊚ j true
⊚ j false
3) Business jvalue jincludes jall jthose jitems, jevents jand jinteractions jthat jdetermine jthe jfinancial
health jand jwell-being jof jthe jfirm.
j
⊚ j true
⊚ j false
4) The jCertified jInformation jTechnology jProfessional j(CITP) jis ja jprofessional jdesignation jfor
those jwith ja jbroad jrange jof jtechnology jknowledge jand jdoes jnot jrequire ja jCPA.
j
⊚ j true
⊚ j false
5) The jCertified jInformation jSystems jAuditor j(CISA) jis ja jprofessional jdesignation jgenerally
sought jby jthose jperforming jIT jaudits.
j
⊚ j true
⊚ j false
6) Information jis jdefined jas jbeing jdata jorganized jin ja jmeaningful jway jthat jis juseful jto jthe juser.
⊚ j true
⊚ j false
7) Data jis jdefined jas jbeing jinformation jorganized jin ja jmeaningful jway jthat jis juseful jto jthe juser.
⊚ j true
⊚ j false
2
,8) An jAIS jmay jcreate jvalue jby jgiving jaccess jto jmanagement jinformation jrelevant jto jthe
decision jmakers.
j
⊚ j true
⊚ j false
9) An jAIS jmay jcreate jvalue jby jproviding jan jinternal jcontrol jstructure jneeded jto jmake jsure jthe
information jis jsecure, jreliable, jand jfree jfrom jerror.
j
⊚ j true
⊚ j false
10) Relevant jinformation’s jmost jdefining jcharacteristic jis jthat jit jis jfree jfrom jbias jand jerror.
⊚ j true
⊚ j false
11) The jcharacteristics jof jrelevant jinformation jinclude jpredictive jvalue, jfeedback jvalue jand
timeliness.
j
⊚ j true
⊚ j false
12) A jfaithful jrepresentation jof jthe junderlying jevent jshould jreflect jthe jbias jof jthe jsystem janalyst.
⊚ j true
⊚ j false
13) Information joverload jis jdefined jas jthe jdifficulty ja jperson jfaces jin junderstanding ja jproblem
and jmaking ja jdecision jas ja jconsequence jof jtoo jmuch jinformation.
j
⊚ j true
⊚ j false
14) The jmain jfinancial jbenefit jof jCustomer jRelationship jManagement jpractices jreduces jthe jcost
of jgoods jsold.
j
⊚ j true
⊚ j false
3
, 15) An jefficient jEnterprise jSystem jcan jsignificantly jlower jthe jcost jof jsupport jprocesses jincluded
in jsales, jgeneral, jand jadministrative jexpenses.
j
⊚ j true
⊚ j false
16) An jaccounting jinformation jsystem j(AIS) jis jdefined jas jbeing jan jinformation jsystem jthat
jrecords, jprocesses jand jreports jon jtransactions jto jprovide jfinancial jand jnonfinancial
jinformation jfor jdecision jmaking jand jcontrol.
⊚ j true
⊚ j false
17) An jenterprise jsystem jis ja jcentralized jdatabase jthat jcollects jdata jfrom jthroughout jthe jfirm.
This jincludes jdata jfrom jorders, jcustomers, jsales, jinventory jand jemployees.
j
⊚ j true
⊚ j false
18) Outbound jlogistics jare jthe jactivities jassociated jwith jreceiving jand jstoring jraw jmaterials jas
well jas jactivities jthat jtransform jthese jinputs jinto jfinished jgoods.
j
⊚ j true
⊚ j false
19) Service jActivities jas jdefined jin jthe jvalue jchain jare jthose jactivities jthat jprovide jthe jsupport jof
customers jafter jthe jproducts jand jservices jare jsold jto jthem j(e.g. jwarranty jrepairs, jparts,
j
instruction jmanuals, jetc.).
j
⊚ j true
⊚ j false
20) A jwell-designed jand jwell-functioning jAIS jcan jbe jexpected jto jcreate jvalue jby jproviding
relevant jinformation jhelpful jto jmanagement jto jincrease jrevenues jand jreduce jexpenses.
j
⊚ j true
⊚ j false
4
