ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)
TEST BANK For Accounting Information Systems,
3rd Edition by Vernon Richardson,
Verified Chapters 1 - 18, Complete
Page 1
, ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)
TABLE OF CONTENTS
Ch. 1 Accounting Information Systems and Firm Value
Ch. 2 Accountants as Business Analysts
Ch. 3 Data Modeling
Ch. 4 Relational Databases and Enterprise Systems
Ch. 5 Sales and Collections Business Process
Ch. 6 Purchases and Payments Business Process
Ch. 7 Conversion Business Process
Ch. 8 Integrated Project
Ch. 9 Reporting Processes and eXtensible Business Reporting Language (XBRL)
Ch. 10 Data Analytics in Accounting: Concepts and the AMPS Model
Ch. 11 Data Analytics in Accounting: Tools and Practice
Ch. 12 Emerging Technologies: Blockchain and AI Automation
Ch. 13 Accounting Information Systems and Internal Controls
Ch. 14 Information Security and Computer Fraud
Ch. 15 Monitoring and Auditing AIS
Ch. 16 The Balanced Scorecard, Business Model Canvas, and Business Value of Information Technology
Ch. 17 Evaluating AIS Investments
Ch. 18 Systems Development and Project Management for AIS
Page 2
, ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)
Chapter 1 Accounting Information Systems and Firm Value
1) Accounting and Finance is a primary activity in the value chain.
ANSWER: FALSE
Diff: 1
Topic: The Value Chain and Accounting Information Systems
Learning Objective: 01-04 Describe how business processes affect the firm's
value chain. Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
2) Accounting Information Systems at this date are all computerized.
ANSWER: FALSE
Diff: 1
Topic: Data versus Information
Learning Objective: 01-02 Distinguish among data, information, and an
information system. Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
3) Business value includes all those items, events and interactions that determine the financial health
and well-being of the firm.
ANSWER: TRUE
Diff: 1
Topic: The Value Chain and Accounting Information Systems
Learning Objective: 01-04 Describe how business processes affect the firm's
value chain. Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
4) The Certified Information Technology Professional (CITP) is a professional designation for those
with a broad range of technology knowledge and does not require a CPA.
ANSWER: FALSE
Diff: 1
Topic: Role of Accountants in Accounting Information Systems
Learning Objective: 01-03 Distinguish the roles of accountants in providing information, and
explain certifications related to accounting information systems.
Bloom's: Remember
AACSB: Reflective
Thinking
AICPA: BB Industry; FN Decision Making
5) The Certified Information Systems Auditor (CISA) is a professional designation generally sought
Page 3
, ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)
by those performing vIT vaudits.
ANSWER: v TRUE
Diff: v1
Topic: v Role vof vAccountants vin vAccounting vInformation vSystems
Learning vObjective: v 01-03 vDistinguish vthe vroles vof vaccountants vin vproviding vinformation, vand
vexplain vcertifications vrelated vto vaccounting vinformation vsystems.
Bloom's: v Remember
v AACSB: v Reflective
vThinking
AICPA: v BB vIndustry; vFN vDecision vMaking
6) Information vis vdefined vas vbeing vdata vorganized vin va vmeaningful vway vthat vis vuseful vto
vthe vuser. vANSWER: v TRUE
Diff: v1
Topic: v Data vversus vInformation
Learning vObjective: v 01-02 vDistinguish vamong vdata, vinformation, vand van
vinformation vsystem. vBloom's: v Remember
AACSB: v Reflective vThinking
AICPA: v BB vIndustry; vFN vDecision vMaking
7) Data vis vdefined vas vbeing vinformation vorganized vin va vmeaningful vway vthat vis vuseful vto
vthe vuser. vANSWER: v FALSE
Diff: v1
Topic: v Data vversus vInformation
Learning vObjective: v 01-02 vDistinguish vamong vdata, vinformation, vand van
vinformation vsystem. vBloom's: v Remember
AACSB: v Reflective vThinking
AICPA: v BB vIndustry; vFN vDecision vMaking
8) A vsystems vanalyst vanalyzes va vbusiness vproblem vthat vmight vbe vaddressed vby van vinformation
vsystem vand vrecommends vsoftware vor vsystems vto vaddress vthat vproblem.
ANSWER: v TRUE
Diff: v1
Topic: v The vValue vChain vand vAccounting vInformation vSystems
Learning vObjective: v 01-04 vDescribe vhow vbusiness vprocesses vaffect vthe
vfirm's vvalue vchain. vBloom's: v Remember
AACSB: v Reflective vThinking
AICPA: v BB vIndustry; vFN vDecision vMaking
9) A vvalue vchain vis vdefined vas vthe vflow vof vmaterials, vinformation, vpayments, vand
vservices vfrom vcustomer vto vsupplier.
ANSWER: v FALSE
Diff: v1
Topic: v The vValue vChain vand vAccounting vInformation vSystems
Learning vObjective: v 01-04 vDescribe vhow vbusiness vprocesses vaffect vthe
vfirm's vvalue vchain. vBloom's: v Remember
AACSB: v Reflective vThinking
AICPA: v BB vIndustry; vFN vDecision vMaking
Page 4
TEST BANK For Accounting Information Systems,
3rd Edition by Vernon Richardson,
Verified Chapters 1 - 18, Complete
Page 1
, ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)
TABLE OF CONTENTS
Ch. 1 Accounting Information Systems and Firm Value
Ch. 2 Accountants as Business Analysts
Ch. 3 Data Modeling
Ch. 4 Relational Databases and Enterprise Systems
Ch. 5 Sales and Collections Business Process
Ch. 6 Purchases and Payments Business Process
Ch. 7 Conversion Business Process
Ch. 8 Integrated Project
Ch. 9 Reporting Processes and eXtensible Business Reporting Language (XBRL)
Ch. 10 Data Analytics in Accounting: Concepts and the AMPS Model
Ch. 11 Data Analytics in Accounting: Tools and Practice
Ch. 12 Emerging Technologies: Blockchain and AI Automation
Ch. 13 Accounting Information Systems and Internal Controls
Ch. 14 Information Security and Computer Fraud
Ch. 15 Monitoring and Auditing AIS
Ch. 16 The Balanced Scorecard, Business Model Canvas, and Business Value of Information Technology
Ch. 17 Evaluating AIS Investments
Ch. 18 Systems Development and Project Management for AIS
Page 2
, ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)
Chapter 1 Accounting Information Systems and Firm Value
1) Accounting and Finance is a primary activity in the value chain.
ANSWER: FALSE
Diff: 1
Topic: The Value Chain and Accounting Information Systems
Learning Objective: 01-04 Describe how business processes affect the firm's
value chain. Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
2) Accounting Information Systems at this date are all computerized.
ANSWER: FALSE
Diff: 1
Topic: Data versus Information
Learning Objective: 01-02 Distinguish among data, information, and an
information system. Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
3) Business value includes all those items, events and interactions that determine the financial health
and well-being of the firm.
ANSWER: TRUE
Diff: 1
Topic: The Value Chain and Accounting Information Systems
Learning Objective: 01-04 Describe how business processes affect the firm's
value chain. Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
4) The Certified Information Technology Professional (CITP) is a professional designation for those
with a broad range of technology knowledge and does not require a CPA.
ANSWER: FALSE
Diff: 1
Topic: Role of Accountants in Accounting Information Systems
Learning Objective: 01-03 Distinguish the roles of accountants in providing information, and
explain certifications related to accounting information systems.
Bloom's: Remember
AACSB: Reflective
Thinking
AICPA: BB Industry; FN Decision Making
5) The Certified Information Systems Auditor (CISA) is a professional designation generally sought
Page 3
, ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)
by those performing vIT vaudits.
ANSWER: v TRUE
Diff: v1
Topic: v Role vof vAccountants vin vAccounting vInformation vSystems
Learning vObjective: v 01-03 vDistinguish vthe vroles vof vaccountants vin vproviding vinformation, vand
vexplain vcertifications vrelated vto vaccounting vinformation vsystems.
Bloom's: v Remember
v AACSB: v Reflective
vThinking
AICPA: v BB vIndustry; vFN vDecision vMaking
6) Information vis vdefined vas vbeing vdata vorganized vin va vmeaningful vway vthat vis vuseful vto
vthe vuser. vANSWER: v TRUE
Diff: v1
Topic: v Data vversus vInformation
Learning vObjective: v 01-02 vDistinguish vamong vdata, vinformation, vand van
vinformation vsystem. vBloom's: v Remember
AACSB: v Reflective vThinking
AICPA: v BB vIndustry; vFN vDecision vMaking
7) Data vis vdefined vas vbeing vinformation vorganized vin va vmeaningful vway vthat vis vuseful vto
vthe vuser. vANSWER: v FALSE
Diff: v1
Topic: v Data vversus vInformation
Learning vObjective: v 01-02 vDistinguish vamong vdata, vinformation, vand van
vinformation vsystem. vBloom's: v Remember
AACSB: v Reflective vThinking
AICPA: v BB vIndustry; vFN vDecision vMaking
8) A vsystems vanalyst vanalyzes va vbusiness vproblem vthat vmight vbe vaddressed vby van vinformation
vsystem vand vrecommends vsoftware vor vsystems vto vaddress vthat vproblem.
ANSWER: v TRUE
Diff: v1
Topic: v The vValue vChain vand vAccounting vInformation vSystems
Learning vObjective: v 01-04 vDescribe vhow vbusiness vprocesses vaffect vthe
vfirm's vvalue vchain. vBloom's: v Remember
AACSB: v Reflective vThinking
AICPA: v BB vIndustry; vFN vDecision vMaking
9) A vvalue vchain vis vdefined vas vthe vflow vof vmaterials, vinformation, vpayments, vand
vservices vfrom vcustomer vto vsupplier.
ANSWER: v FALSE
Diff: v1
Topic: v The vValue vChain vand vAccounting vInformation vSystems
Learning vObjective: v 01-04 vDescribe vhow vbusiness vprocesses vaffect vthe
vfirm's vvalue vchain. vBloom's: v Remember
AACSB: v Reflective vThinking
AICPA: v BB vIndustry; vFN vDecision vMaking
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