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TEST BANK For Accounting Information Systems, 3rd Edition by Vernon Richardson, Verified Chapters 1 - 18, Complete

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TEST BANK For Accounting Information Systems, 3rd Edition by Vernon Richardson, Verified Chapters 1 - 18, Complete Accounting Information Systems,TEST BANK For Accounting Information Systems, 3rd Edition by Vernon Richardson, Verified Chapters 1 - 18, Complete 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

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Accounting InformationSystem
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Accounting InformationSystem

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Uploaded on
March 16, 2025
Number of pages
322
Written in
2024/2025
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  • 9781478453642

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ACCOUNTINGy INFORMATIONy SYSTEMSy(RICHARDSON)




TEST BANK For Accounting Information Systems,
3rd Edition by Vernon Richardson,
Verified Chapters 1 - 18, Complete




Pagey1

, ACCOUNTINGy INFORMATIONy SYSTEMSy(RICHARDSON)




TABLE OF CONTENTS
y y y




Ch.y1yAccountingyInformationySystemsyandyFirmyValue

Ch.y2yAccountantsyasyBusinessyAnalysts

Ch.y3yDatayModeling

Ch.y4yRelationalyDatabasesyandyEnterpriseySystems

Ch.y5ySalesyandyCollectionsyBusinessyProcess

Ch.y6yPurchasesyandyPaymentsyBusinessyProcess

Ch.y7yConversionyBusinessyProcess

Ch.y8yIntegratedyProject

Ch.y9yReportingyProcessesyandyeXtensibleyBusinessyReportingyLanguagey(XBRL)

Ch.y10yDatayAnalyticsyinyAccounting:yConceptsyandytheyAMPSyModel

Ch.y11yDatayAnalyticsyinyAccounting:yToolsyandyPractice

Ch.y12yEmergingyTechnologies:yBlockchainyandyAIyAutomation

Ch.y13yAccountingyInformationySystemsyandyInternalyControls

Ch.y14yInformationySecurityyandyComputeryFraud

Ch.y15yMonitoringyandyAuditingyAIS

Ch.y16yTheyBalancedyScorecard,yBusinessyModelyCanvas,yandyBusinessyValueyofyInformationyTechnology

Ch.y17yEvaluatingyAISyInvestments

Ch.y18ySystemsyDevelopmentyandyProjectyManagementyforyAISy




Pagey2

, ACCOUNTINGy INFORMATIONy SYSTEMSy(RICHARDSON)




Chapter 1 Accounting Information Systems and Firm Value
y y y y y y y




1) AccountingyandyFinanceyisyayprimaryyactivityyinytheyvalueychain.
ANSWER:y FALSE
Diff:y1
Topic:y TheyValueyChainyandyAccountingyInformationySystems
LearningyObjective:y 01-
04yDescribeyhowybusinessyprocessesyaffectytheyfirm'syvalueychain.yBloom's:y Remember
AACSB:y ReflectiveyThinking
AICPA:y BByIndustry;yFNyDecisionyMaking

2) AccountingyInformationySystemsyatythisydateyareyallycomputerized.
yANSWER: y FALSE

Diff:y1
Topic:y DatayversusyInformation
LearningyObjective:y 01-
02yDistinguishyamongydata,yinformation,yandyanyinformationysystem.yBloom's:y Remember
AACSB:y ReflectiveyThinking
AICPA:y BByIndustry;yFNyDecisionyMaking

3) Businessyvalueyincludesyallythoseyitems,yeventsyandyinteractionsythatydetermineytheyfinancialyhealth
yandywell-beingyofytheyfirm.

ANSWER:y TRUE
Diff:y1
Topic:y TheyValueyChainyandyAccountingyInformationySystems
LearningyObjective:y 01-
04yDescribeyhowybusinessyprocessesyaffectytheyfirm'syvalueychain.yBloom's:y Remember
AACSB:y ReflectiveyThinking
AICPA:y BByIndustry;yFNyDecisionyMaking

4) TheyCertifiedyInformationyTechnologyyProfessionaly(CITP)yisyayprofessionalydesignationyforythose
ywithyaybroadyrangeyofytechnologyyknowledgeyandydoesynotyrequireya yCPA.

ANSWER:y FALSE
Diff:y1
Topic:y RoleyofyAccountantsyinyAccountingyInformationySystems
LearningyObjective:y 01-
03yDistinguishytheyrolesyofyaccountantsyinyprovidingyinformation,yandyexplainycertificationsyrelate
dytoyaccountingyinformationysystems.
Bloom's:y Remembery AACS
B:y ReflectiveyThinking
AICPA:y BByIndustry;yFNyDecisionyMaking

5) TheyCertifiedyInformationySystemsyAuditory(CISA)yisyayprofessionalydesignationygenerallyysought
ybyythoseyperformingyITyaudits.

ANSWER:y TRUE
Diff:y1
Topic:y RoleyofyAccountantsyinyAccountingyInformationySystems
LearningyObjective:y 01-
Pagey3

, ACCOUNTINGy INFORMATIONy SYSTEMSy(RICHARDSON)
03yDistinguishytheyrolesyofyaccountantsyinyprovidingyinformation,yandyexplainycertificationsyrelate
dytoyaccountingyinformationysystems.
Bloom's:y Remembery AACS
B:y ReflectiveyThinking
AICPA:y BByIndustry;yFNyDecisionyMaking




Pagey4

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