TEST BANK COMPLETE_
ACCOUNTING INFORMATION SYSTEMS, 15TH EDITION, (2021)
BY MARSHALL B. ROMNEY & PAUL J. STEINBART
ALL CHAPTERS 1-24| 6 UNITS| LATEST VERSION WITH VERIFIED ANSWERS| RATED A+
,PART I: CONCEPTUAL FOUNDATIONS OF ACCOUNTING INFORMATION SYSTEMS __________ 3
CHAPTER 1: ACCOUNTING INFORMATION SYSTEMS: AN OVERVIEW _________________________ 3
CHAPTER 2: OVERVIEW OF TRANSACTION PROCESSING AND ENTERPRISE RESOURCE PLANNING
SYSTEMS ________________________________________________________________________ 41
CHAPTER 3: SYSTEMS DOCUMENTATION TECHNIQUES ___________________________________ 67
PART II: DATA ANALYTICS _____________________________________________________ 97
CHAPTER 4: RELATIONAL DATABASES _________________________________________________ 97
CHAPTER 5: INTRODUCTION TO DATA ANALYTICS IN ACCOUNTING ________________________ 130
CHAPTER 6: TRANSFORMING DATA _________________________________________________ 145
CHAPTER 7: DATA ANALYSIS AND PRESENTATION ______________________________________ 165
PART III: CONTROL OF ACCOUNTING INFORMATION SYSTEMS _______________________ 178
CHAPTER 8: FRAUD AND ERRORS ___________________________________________________ 178
CHAPTER 9: COMPUTER FRAUD AND ABUSE TECHNIQUES _______________________________ 201
CHAPTER 10: CONTROL AND ACCOUNTING INFORMATION SYSTEMS ______________________ 225
CHAPTER 11: CONTROLS FOR INFORMATION SECURITY _________________________________ 256
CHAPTER 12: CONFIDENTIALITY AND PRIVACY CONTROLS _______________________________ 281
CHAPTER 13: PROCESSING INTEGRITY AND AVAILABILITY CONTROLS ______________________ 298
PART IV: ACCOUNTING INFORMATION SYSTEMS APPLICATIONS _____________________ 321
CHAPTER 14: THE REVENUE CYCLE: SALES TO CASH COLLECTIONS _________________________ 321
CHAPTER 15: THE EXPENDITURE CYCLE: PURCHASING TO CASH DISBURSEMENTS ____________ 348
CHAPTER 16: THE PRODUCTION CYCLE _______________________________________________ 377
CHAPTER 17: THE HUMAN RESOURCES MANAGEMENT AND PAYROLL CYCLE ________________ 403
CHAPTER 18: GENERAL LEDGER AND REPORTING SYSTEM _______________________________ 425
PART V: THE REA DATA MODEL ________________________________________________ 445
CHAPTER 19: DATABASE DESIGN USING THE REA DATA MODEL ___________________________ 445
CHAPTER 20: IMPLEMENTING AN REA MODEL IN A RELATIONAL DATABASE _________________ 470
CHAPTER 21: SPECIAL TOPICS IN REA MODELING _______________________________________ 495
PART VI: THE SYSTEMS DEVELOPMENT PROCESS __________________________________ 522
CHAPTER 22: INTRODUCTION TO SYSTEMS DEVELOPMENT AND SYSTEMS ANALYSIS __________ 522
CHAPTER 23: AIS DEVELOPMENT STRATEGIES _________________________________________ 555
CHAPTER 24: SYSTEMS DESIGN, IMPLEMENTATION, AND OPERATION _____________________ 587
,PART I: CONCEPTUAL FOUNDATIONS OF ACCOUNTING INFORMATION SYSTEMS
CHAPTER 1: ACCOUNTING INFORMATION SYSTEMS: AN OVERVIEW
MARSHALL ROMNEY: ACCOUNTING INFORMATION SYSTEMS 15TH EDITION, (2020) TEST BANK
1. DISTINGUISH DATA FROM INFORMATION, DISCUSS THE CHARACTERISTICS OF
USEFUL INFORMATION, AND EXPLAIN HOW TO DETERMINE THE VALUE OF
INFORMATION.
1) WHICH OF THE FOLLOWING DESCRIBES THE RELATIONSHIP BETWEEN
DATA AND INFORMATION?
A) DATA IS ORGANIZED AND PROCESSED TO BECOME INFORMATION.
B) INFORMATION IS RAW, UNPROCESSED DATA.
C) INFORMATION IS LESS USEFUL THAN DATA IN DECISION MAKING.
D) DATA AND INFORMATION ARE SYNONYMOUS TERMS.
ANSWER:> A
DATA BECOMES MEANINGFUL WHEN IT IS PROCESSED AND ORGANIZED
INTO INFORMATION. INFORMATION IS DATA THAT HAS BEEN REFINED TO
BE USEFUL IN DECISION-MAKING.
CONCEPT: THE CONCEPT OF INFORMATION
OBJECTIVE: LEARNING OBJECTIVE 1
DIFFICULTY: EASY
AACSB: ANALYTICAL THINKING
2) WHEN THE GOALS OF A SUBSYSTEM CONFLICT WITH THE OVERALL
SYSTEM’S GOALS, IT RESULTS IN:
A) SYSTEM FAILURE.
B) GOAL INCONGRUENCE.
C) SUBSYSTEM OVERLAP.
D) GOAL CONFLICT.
ANSWER:> D
,GOAL CONFLICT OCCURS WHEN A SUBSYSTEM’S OBJECTIVES ARE AT
ODDS WITH THE BROADER ORGANIZATIONAL OBJECTIVES, HINDERING
THE ACHIEVEMENT OF OVERALL GOALS.
CONCEPT: THE CONCEPT OF INFORMATION
OBJECTIVE: LEARNING OBJECTIVE 1
DIFFICULTY: EASY
AACSB: ANALYTICAL THINKING
3) IF A SUBSYSTEM ACHIEVES ITS OWN GOALS WHILE SIMULTANEOUSLY
CONTRIBUTING TO THE OVERALL GOAL OF THE SYSTEM, THIS IS KNOWN
AS:
A) GOAL CONGRUENCE.
B) SUBSYSTEM SYNERGY.
C) SYSTEM ALIGNMENT.
D) GOAL CONFLICT.
ANSWER:> A
GOAL CONGRUENCE MEANS THE GOALS OF INDIVIDUAL SUBSYSTEMS
ALIGN WITH AND SUPPORT THE LARGER SYSTEM'S OBJECTIVES.
CONCEPT: THE CONCEPT OF INFORMATION
OBJECTIVE: LEARNING OBJECTIVE 1
DIFFICULTY: EASY
AACSB: ANALYTICAL THINKING
4) WHICH OF THE FOLLOWING BEST DEFINES INFORMATION?
A) RAW DATA COLLECTED DURING TRANSACTIONS.
B) DATA THAT IS PROCESSED AND ORGANIZED TO BE MEANINGFUL.
C) FACTS THAT HAVE NOT BEEN ANALYZED.
D) THE SAME AS DATA.
ANSWER:> B
,INFORMATION IS DATA THAT HAS BEEN PROCESSED, ORGANIZED, AND
GIVEN CONTEXT, MAKING IT MEANINGFUL AND USEFUL FOR DECISION-
MAKING.
CONCEPT: THE CONCEPT OF INFORMATION
OBJECTIVE: LEARNING OBJECTIVE 1
DIFFICULTY: EASY
AACSB: ANALYTICAL THINKING
5) THE VALUE OF INFORMATION IS DETERMINED BY:
A) ITS USE IN DECISION-MAKING.
B) THE COST OF ACQUIRING IT.
C) THE BALANCE OF BENEFITS VERSUS PRODUCTION COSTS.
D) THE RELEVANCE TO THE ORGANIZATION'S GOALS.
ANSWER:> C
THE VALUE OF INFORMATION IS ASSESSED BY CONSIDERING THE
BENEFITS DERIVED FROM USING IT IN DECISION-MAKING AND
COMPARING THESE BENEFITS WITH THE COST OF OBTAINING IT.
CONCEPT: THE CONCEPT OF INFORMATION
OBJECTIVE: LEARNING OBJECTIVE 1
DIFFICULTY: MODERATE
AACSB: ANALYTICAL THINKING
6) AN ACCOUNTING INFORMATION SYSTEM PROCESSES _____ AND
PROVIDES USERS WITH _____.
A) DATA; INFORMATION
B) DATA; TRANSACTIONS
C) INFORMATION; REPORTS
D) DATA; BENEFITS
ANSWER:> A
, AN ACCOUNTING INFORMATION SYSTEM PROCESSES RAW DATA AND
ORGANIZES IT INTO MEANINGFUL INFORMATION FOR USERS TO MAKE
INFORMED DECISIONS.
CONCEPT: THE CONCEPT OF INFORMATION
OBJECTIVE: LEARNING OBJECTIVE 1
DIFFICULTY: EASY
AACSB: ANALYTICAL THINKING
7) WHICH OF THE FOLLOWING TYPES OF INFORMATION IS MOST
EFFECTIVE FOR REDUCING UNCERTAINTY IN DECISION-MAKING?
A) RELIABLE
B) RELEVANT
C) COMPLETE
D) TIMELY
ANSWER:> B
RELEVANT INFORMATION HELPS DECISION-MAKERS MAKE PREDICTIONS,
REDUCE UNCERTAINTY, AND GUIDE THEIR DECISIONS IN ALIGNMENT
WITH THE ORGANIZATION'S OBJECTIVES.
CONCEPT: INFORMATION NEEDS AND BUSINESS PROCESSES
OBJECTIVE: LEARNING OBJECTIVE 1
DIFFICULTY: EASY
AACSB: ANALYTICAL THINKING
8) INFORMATION THAT ACCURATELY REFLECTS THE EVENTS OR
ACTIVITIES OF AN ORGANIZATION AND IS FREE FROM BIAS OR ERRORS IS
KNOWN AS:
A) RELIABLE
B) VERIFIABLE
C) COMPLETE
D) RELEVANT
ACCOUNTING INFORMATION SYSTEMS, 15TH EDITION, (2021)
BY MARSHALL B. ROMNEY & PAUL J. STEINBART
ALL CHAPTERS 1-24| 6 UNITS| LATEST VERSION WITH VERIFIED ANSWERS| RATED A+
,PART I: CONCEPTUAL FOUNDATIONS OF ACCOUNTING INFORMATION SYSTEMS __________ 3
CHAPTER 1: ACCOUNTING INFORMATION SYSTEMS: AN OVERVIEW _________________________ 3
CHAPTER 2: OVERVIEW OF TRANSACTION PROCESSING AND ENTERPRISE RESOURCE PLANNING
SYSTEMS ________________________________________________________________________ 41
CHAPTER 3: SYSTEMS DOCUMENTATION TECHNIQUES ___________________________________ 67
PART II: DATA ANALYTICS _____________________________________________________ 97
CHAPTER 4: RELATIONAL DATABASES _________________________________________________ 97
CHAPTER 5: INTRODUCTION TO DATA ANALYTICS IN ACCOUNTING ________________________ 130
CHAPTER 6: TRANSFORMING DATA _________________________________________________ 145
CHAPTER 7: DATA ANALYSIS AND PRESENTATION ______________________________________ 165
PART III: CONTROL OF ACCOUNTING INFORMATION SYSTEMS _______________________ 178
CHAPTER 8: FRAUD AND ERRORS ___________________________________________________ 178
CHAPTER 9: COMPUTER FRAUD AND ABUSE TECHNIQUES _______________________________ 201
CHAPTER 10: CONTROL AND ACCOUNTING INFORMATION SYSTEMS ______________________ 225
CHAPTER 11: CONTROLS FOR INFORMATION SECURITY _________________________________ 256
CHAPTER 12: CONFIDENTIALITY AND PRIVACY CONTROLS _______________________________ 281
CHAPTER 13: PROCESSING INTEGRITY AND AVAILABILITY CONTROLS ______________________ 298
PART IV: ACCOUNTING INFORMATION SYSTEMS APPLICATIONS _____________________ 321
CHAPTER 14: THE REVENUE CYCLE: SALES TO CASH COLLECTIONS _________________________ 321
CHAPTER 15: THE EXPENDITURE CYCLE: PURCHASING TO CASH DISBURSEMENTS ____________ 348
CHAPTER 16: THE PRODUCTION CYCLE _______________________________________________ 377
CHAPTER 17: THE HUMAN RESOURCES MANAGEMENT AND PAYROLL CYCLE ________________ 403
CHAPTER 18: GENERAL LEDGER AND REPORTING SYSTEM _______________________________ 425
PART V: THE REA DATA MODEL ________________________________________________ 445
CHAPTER 19: DATABASE DESIGN USING THE REA DATA MODEL ___________________________ 445
CHAPTER 20: IMPLEMENTING AN REA MODEL IN A RELATIONAL DATABASE _________________ 470
CHAPTER 21: SPECIAL TOPICS IN REA MODELING _______________________________________ 495
PART VI: THE SYSTEMS DEVELOPMENT PROCESS __________________________________ 522
CHAPTER 22: INTRODUCTION TO SYSTEMS DEVELOPMENT AND SYSTEMS ANALYSIS __________ 522
CHAPTER 23: AIS DEVELOPMENT STRATEGIES _________________________________________ 555
CHAPTER 24: SYSTEMS DESIGN, IMPLEMENTATION, AND OPERATION _____________________ 587
,PART I: CONCEPTUAL FOUNDATIONS OF ACCOUNTING INFORMATION SYSTEMS
CHAPTER 1: ACCOUNTING INFORMATION SYSTEMS: AN OVERVIEW
MARSHALL ROMNEY: ACCOUNTING INFORMATION SYSTEMS 15TH EDITION, (2020) TEST BANK
1. DISTINGUISH DATA FROM INFORMATION, DISCUSS THE CHARACTERISTICS OF
USEFUL INFORMATION, AND EXPLAIN HOW TO DETERMINE THE VALUE OF
INFORMATION.
1) WHICH OF THE FOLLOWING DESCRIBES THE RELATIONSHIP BETWEEN
DATA AND INFORMATION?
A) DATA IS ORGANIZED AND PROCESSED TO BECOME INFORMATION.
B) INFORMATION IS RAW, UNPROCESSED DATA.
C) INFORMATION IS LESS USEFUL THAN DATA IN DECISION MAKING.
D) DATA AND INFORMATION ARE SYNONYMOUS TERMS.
ANSWER:> A
DATA BECOMES MEANINGFUL WHEN IT IS PROCESSED AND ORGANIZED
INTO INFORMATION. INFORMATION IS DATA THAT HAS BEEN REFINED TO
BE USEFUL IN DECISION-MAKING.
CONCEPT: THE CONCEPT OF INFORMATION
OBJECTIVE: LEARNING OBJECTIVE 1
DIFFICULTY: EASY
AACSB: ANALYTICAL THINKING
2) WHEN THE GOALS OF A SUBSYSTEM CONFLICT WITH THE OVERALL
SYSTEM’S GOALS, IT RESULTS IN:
A) SYSTEM FAILURE.
B) GOAL INCONGRUENCE.
C) SUBSYSTEM OVERLAP.
D) GOAL CONFLICT.
ANSWER:> D
,GOAL CONFLICT OCCURS WHEN A SUBSYSTEM’S OBJECTIVES ARE AT
ODDS WITH THE BROADER ORGANIZATIONAL OBJECTIVES, HINDERING
THE ACHIEVEMENT OF OVERALL GOALS.
CONCEPT: THE CONCEPT OF INFORMATION
OBJECTIVE: LEARNING OBJECTIVE 1
DIFFICULTY: EASY
AACSB: ANALYTICAL THINKING
3) IF A SUBSYSTEM ACHIEVES ITS OWN GOALS WHILE SIMULTANEOUSLY
CONTRIBUTING TO THE OVERALL GOAL OF THE SYSTEM, THIS IS KNOWN
AS:
A) GOAL CONGRUENCE.
B) SUBSYSTEM SYNERGY.
C) SYSTEM ALIGNMENT.
D) GOAL CONFLICT.
ANSWER:> A
GOAL CONGRUENCE MEANS THE GOALS OF INDIVIDUAL SUBSYSTEMS
ALIGN WITH AND SUPPORT THE LARGER SYSTEM'S OBJECTIVES.
CONCEPT: THE CONCEPT OF INFORMATION
OBJECTIVE: LEARNING OBJECTIVE 1
DIFFICULTY: EASY
AACSB: ANALYTICAL THINKING
4) WHICH OF THE FOLLOWING BEST DEFINES INFORMATION?
A) RAW DATA COLLECTED DURING TRANSACTIONS.
B) DATA THAT IS PROCESSED AND ORGANIZED TO BE MEANINGFUL.
C) FACTS THAT HAVE NOT BEEN ANALYZED.
D) THE SAME AS DATA.
ANSWER:> B
,INFORMATION IS DATA THAT HAS BEEN PROCESSED, ORGANIZED, AND
GIVEN CONTEXT, MAKING IT MEANINGFUL AND USEFUL FOR DECISION-
MAKING.
CONCEPT: THE CONCEPT OF INFORMATION
OBJECTIVE: LEARNING OBJECTIVE 1
DIFFICULTY: EASY
AACSB: ANALYTICAL THINKING
5) THE VALUE OF INFORMATION IS DETERMINED BY:
A) ITS USE IN DECISION-MAKING.
B) THE COST OF ACQUIRING IT.
C) THE BALANCE OF BENEFITS VERSUS PRODUCTION COSTS.
D) THE RELEVANCE TO THE ORGANIZATION'S GOALS.
ANSWER:> C
THE VALUE OF INFORMATION IS ASSESSED BY CONSIDERING THE
BENEFITS DERIVED FROM USING IT IN DECISION-MAKING AND
COMPARING THESE BENEFITS WITH THE COST OF OBTAINING IT.
CONCEPT: THE CONCEPT OF INFORMATION
OBJECTIVE: LEARNING OBJECTIVE 1
DIFFICULTY: MODERATE
AACSB: ANALYTICAL THINKING
6) AN ACCOUNTING INFORMATION SYSTEM PROCESSES _____ AND
PROVIDES USERS WITH _____.
A) DATA; INFORMATION
B) DATA; TRANSACTIONS
C) INFORMATION; REPORTS
D) DATA; BENEFITS
ANSWER:> A
, AN ACCOUNTING INFORMATION SYSTEM PROCESSES RAW DATA AND
ORGANIZES IT INTO MEANINGFUL INFORMATION FOR USERS TO MAKE
INFORMED DECISIONS.
CONCEPT: THE CONCEPT OF INFORMATION
OBJECTIVE: LEARNING OBJECTIVE 1
DIFFICULTY: EASY
AACSB: ANALYTICAL THINKING
7) WHICH OF THE FOLLOWING TYPES OF INFORMATION IS MOST
EFFECTIVE FOR REDUCING UNCERTAINTY IN DECISION-MAKING?
A) RELIABLE
B) RELEVANT
C) COMPLETE
D) TIMELY
ANSWER:> B
RELEVANT INFORMATION HELPS DECISION-MAKERS MAKE PREDICTIONS,
REDUCE UNCERTAINTY, AND GUIDE THEIR DECISIONS IN ALIGNMENT
WITH THE ORGANIZATION'S OBJECTIVES.
CONCEPT: INFORMATION NEEDS AND BUSINESS PROCESSES
OBJECTIVE: LEARNING OBJECTIVE 1
DIFFICULTY: EASY
AACSB: ANALYTICAL THINKING
8) INFORMATION THAT ACCURATELY REFLECTS THE EVENTS OR
ACTIVITIES OF AN ORGANIZATION AND IS FREE FROM BIAS OR ERRORS IS
KNOWN AS:
A) RELIABLE
B) VERIFIABLE
C) COMPLETE
D) RELEVANT
