[TEST BANK] ACCOUNTING
popo popo
INFORMATION SYSTEMS,
popo popo
15TH EDITION BY ROMNEY,
popo popo popo popo
STEINBART, SUMMERS,
popo popo
WOOD popo
, Chapter 1 popo p o p o Accounting Information Systems: An Overview
popo popo popo popo
1.1 Distinguish popodata popofrom popoinformation, popodiscuss popothe popocharacteristics popoof popouseful
popoinformation, popoand popoexplain popohow popoto popodetermine popothe popovalue popoof popoinformation.
1) Which popoof popothe popofollowing popostatements popobelow poposhows popothe popocontrast
popobetween popodata popoand popoinformation?
A) Data popois popothe popooutput popoof popoan popoAIS.
B) Information popois popothe popoprimary popooutput popoof popoan popoAIS.
C) Data popois popomore popouseful popoin popodecision popomaking popothan popoinformation.
D) Data popoand popoinformation popoare popothe poposame.
Answer: p o p o B
2) Information popois popobest popodescribed popoas
A) raw popofacts popoabout popotransactions.
B) data popothat popohas popobeen popoorganized popoand popoprocessed poposo popothat popoit popois popomeaningful popoto
popothe popouser.
C) facts popothat popoare popouseful popowhen popoprocessed popoin popoa popotimely popomanner.
D) the poposame popothing popoas popodata.
Answer: p o p o B
3) The popovalue popoof popoinformation popocan popobest popobe popodetermined popoby
A) its popousefulness popoto popodecision popomakers.
B) its poporelevance popoto popodecision popomakers.
C) the popobenefits popoassociated popowith popoobtaining popothe popoinformation popominus popothe popocost popoof
popoproducing popoit.
D) the popoextent popoto popowhich popoit popooptimizes popothe popovalue popochain.
Answer: p o p o C
4) An popoaccounting popoinformation poposystem popo(AIS) popoprocesses popo to popoprovide popousers popowith
.
A) data; popoinformation
B) data; popotransactions
C) information; popodata
D) data;
benefits
popo
popo Answer: p o p o A
5) information poporeduces popouncertainty, popoimproves popodecision popomakers' popoability
1
, to popomake popopredictions, popoor popoconfirms popoexpectations.
popo
A) Timely
2
, B) Reliable
C) Relevant
D) Complete
Answer:
popo
p o po C
6) Information popothat popois popofree popofrom popoerror popoor popobias popoand popoaccurately poporepresents popothe
popoevents popoor popoactivities popoof popothe popoorganization popois
A) relevant.
B) reliable popo/ popoFaithful popoRepresentation.
C) verifiable.
D) timely.
Answer: p o p o B
7) Information popothat popodoes poponot popoomit popoimportant popoaspects popoof popothe popounderlying
popoevents popoor popoactivities popothat popoit popomeasures popois
A) complete.
B) accessible.
C) relevant.
D) timely.
Answer: p o p o A
8) Information popois popo when popotwo popoknowledgeable popopeople popoindependently
popoproduce popothe poposame popoinformation.
A) verifiable
B) relevant
C) reliable
D) complete
Answer:
popo
p o po A
9) Data popomust popobe popoconverted popointo popoinformation popoto popobe popoconsidered popouseful popoand
popomeaningful popofor popodecision popomaking. popoThere popoare poposix popocharacteristics popothat popomake
popoinformation popoboth popouseful popoand popomeaningful. popoIf popoinformation popois popofree popofrom
popoerror popoor popobias popoand popoaccurately poporepresents popothe popoevents popoor popoactivities popoof popothe
popoorganization, popoit popois poporepresentative popoof popothe popocharacteristic popoof
A) relevancy.
B) timeliness.
3
popo popo
INFORMATION SYSTEMS,
popo popo
15TH EDITION BY ROMNEY,
popo popo popo popo
STEINBART, SUMMERS,
popo popo
WOOD popo
, Chapter 1 popo p o p o Accounting Information Systems: An Overview
popo popo popo popo
1.1 Distinguish popodata popofrom popoinformation, popodiscuss popothe popocharacteristics popoof popouseful
popoinformation, popoand popoexplain popohow popoto popodetermine popothe popovalue popoof popoinformation.
1) Which popoof popothe popofollowing popostatements popobelow poposhows popothe popocontrast
popobetween popodata popoand popoinformation?
A) Data popois popothe popooutput popoof popoan popoAIS.
B) Information popois popothe popoprimary popooutput popoof popoan popoAIS.
C) Data popois popomore popouseful popoin popodecision popomaking popothan popoinformation.
D) Data popoand popoinformation popoare popothe poposame.
Answer: p o p o B
2) Information popois popobest popodescribed popoas
A) raw popofacts popoabout popotransactions.
B) data popothat popohas popobeen popoorganized popoand popoprocessed poposo popothat popoit popois popomeaningful popoto
popothe popouser.
C) facts popothat popoare popouseful popowhen popoprocessed popoin popoa popotimely popomanner.
D) the poposame popothing popoas popodata.
Answer: p o p o B
3) The popovalue popoof popoinformation popocan popobest popobe popodetermined popoby
A) its popousefulness popoto popodecision popomakers.
B) its poporelevance popoto popodecision popomakers.
C) the popobenefits popoassociated popowith popoobtaining popothe popoinformation popominus popothe popocost popoof
popoproducing popoit.
D) the popoextent popoto popowhich popoit popooptimizes popothe popovalue popochain.
Answer: p o p o C
4) An popoaccounting popoinformation poposystem popo(AIS) popoprocesses popo to popoprovide popousers popowith
.
A) data; popoinformation
B) data; popotransactions
C) information; popodata
D) data;
benefits
popo
popo Answer: p o p o A
5) information poporeduces popouncertainty, popoimproves popodecision popomakers' popoability
1
, to popomake popopredictions, popoor popoconfirms popoexpectations.
popo
A) Timely
2
, B) Reliable
C) Relevant
D) Complete
Answer:
popo
p o po C
6) Information popothat popois popofree popofrom popoerror popoor popobias popoand popoaccurately poporepresents popothe
popoevents popoor popoactivities popoof popothe popoorganization popois
A) relevant.
B) reliable popo/ popoFaithful popoRepresentation.
C) verifiable.
D) timely.
Answer: p o p o B
7) Information popothat popodoes poponot popoomit popoimportant popoaspects popoof popothe popounderlying
popoevents popoor popoactivities popothat popoit popomeasures popois
A) complete.
B) accessible.
C) relevant.
D) timely.
Answer: p o p o A
8) Information popois popo when popotwo popoknowledgeable popopeople popoindependently
popoproduce popothe poposame popoinformation.
A) verifiable
B) relevant
C) reliable
D) complete
Answer:
popo
p o po A
9) Data popomust popobe popoconverted popointo popoinformation popoto popobe popoconsidered popouseful popoand
popomeaningful popofor popodecision popomaking. popoThere popoare poposix popocharacteristics popothat popomake
popoinformation popoboth popouseful popoand popomeaningful. popoIf popoinformation popois popofree popofrom
popoerror popoor popobias popoand popoaccurately poporepresents popothe popoevents popoor popoactivities popoof popothe
popoorganization, popoit popois poporepresentative popoof popothe popocharacteristic popoof
A) relevancy.
B) timeliness.
3
