solutions manual for accounting information systems 4e vernon richardson chengyee chang rod smith

Solutions Manual For Accounting Information Systems 4e Vernon Richardson, C
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hengyee Chang, Rod Smith All Chapters
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Chapter 1: Accounting Information Systems and Firm Value
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MultiplekChoicekQuestions

1. (LOk1-1)kAccountingkinformationksystems

a. arekalwayskcomputerized.
b. reportkonlykfinanciallykrelatedkinformation.
c. arekinformationksystemskthatkrecord,kprocess,kandkreportkonktransactionsktokprovidekfinancialk
andknonfinancialkinformationkforkdecisionkmakingkandkcontrol.
d. requirekakCITPkdesignationktokunderstand.

Answer:kC

2. (LOk1-1)kWhichkofkthekfollowingkiskakcharacteristickofkrelevance?

a. Materiality
b. Timeliness
c. Verifiable
d. Costktokgenerate

kAnswer:kA

3. (LOk1-2)kWhichkofkthekfollowingkiskconsideredktokbekmandatorykinformationkrequiredkbykakregulatory
body?

a. 10-QksubmissionktokthekSecuritieskandkExchangekCommission
b. ThekcostktokproducekakSamsungkGalaxy
c. TheknumberkofkorganickbananaskthatkareksoldkatkWholekFoodskonkJulyk28
d. Thekcostktokbuildkankall-

newkStarbuckskrestaurantkinkShenzhen,kChinakAnswer:kA

4. (LOk1-4)kThekcorrectkorderkofkeventskinkthekvaluekchainkis

a. Inboundklogisticsk➛kOperationsk➛kService.
b. Inboundklogisticsk➛kOutboundklogisticsk➛kMarketingkandksales.
c. Inboundklogisticsk➛kOperationsk➛kOutboundklogistics.
d. Inboundklogisticsk➛kOperationsk➛kMarketingkandkSales.

Answer:kC

5. (LOk1-8)kWhichksystemkcontributeskinformationkonkdirectklaborktokakcostkaccountingksystem?

a. Supplykchainkmanagementksystemk(SCMS)

, EndkofkChapterkSolutionskManual:kRichardson,kChang,kSmith,kAccountingkInformationkSystems,k4thkedition


b. Financialkreportingksystemk(FRS)
c. CustomerkRelationalkManagementk Systemk (CRM)
d. Humankresourcekmanagementksystemk(HRMS)

Answer:kD
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6. (LOk1-7)kAksupplykchain

a. supplieskjewelrykchains.
b. refersktokthekflowkofkmaterials,kinformation,kpayments,kandkservices.
c. isksimilarkinkfunctionkandkpurposektokthekvaluekchain.
d. doesknotkapplyktokakservicekfirmklikekankaccountingkfirm.

Answer:kB

7. (LOk1-7)kCustomerkrelationshipkmanagementksoftwarekdoesknotkincludekinformationkabout

a. currentkcustomers.
b. prospectivek customers.
c. formerkcustomers.
d. currentkemployees.

Answer:kD

8. (LOk1-
6)kAnkinformationksystemkthatkmeasureskandkrecordskaccountingktransactionskandkreportskthemkinkth
ekfinancialkstatementskiskcalledka

a. financialkreportingksystemk(FRS).
b. enterpriseksystemk(ES).
c. manufacturingksystemk(MS).
d. costkaccountingksystem.

Answer:kA

9. (LOk1-
3)kWhatkisktheknamekofkthekpositionkforkakpersonkresponsiblekforkdeterminingkInformationkneedskofka
kbusinesskandkdesigningkaksystemktokmeetkthosekneeds?




a. Chiefkinformationkofficer
b. Controller
c. ITkauditor
d. Systemskanalyst

Answer:kD
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, EndkofkChapterkSolutionskManual:kRichardson,kChang,kSmith,kAccountingkInformationkSystems,k4thkedition


10. (LOk1-
9)kThekbalanceksheetkaccountkmostklikelykaffectedkbykankAISkinvestmentkinksupplykchainkmanagem
entksoftwarekwouldkbe

a. inventories.
b. fixedkassets.
c. cashkandkcashkequivalents.
d. unearnedkrevenue.

Answer:kA

11. (LOk1-7)kTheksoftware/systemkthatkhelpskmakeksurekthekretailkfirmkdoesn’tkhavekakstockoutkis

a. supplykchainkmanagementksoftware.
b. customerkrelationshipkmanagementk software.
c. enterpriseksystems.
d. humankresourceksystems.

Answer:kA

12. (LOk1-
9)kDatakanalyticskperformedktokidentifykthekmostkprofitablekcustomerskwouldkbekmostklikelyktokaffectkwhi
chkincomekstatementkaccount?

a. Selling,kgeneral,kandkadministrativekexpensesk(SG&A)
b. Interestkexpense
c. Revenues
d. Costkofkgoodsksold

Answer:kC
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13. (LOk1-7,kLOk1-9)kCustomerkrelationshipkmanagementksystemskwouldkgenerallykbekconsideredktokbe
an

a. internalkbusinesskprocess.
b. externalkbusinessk process.
c. interiorkbusinesskprocess.
d. exteriorkbusinesskprocess.

Answer:kB

14. (LOk1-
3)kAnkauditorktestingkinternalkcontrolskwouldkgenerallykbekconsideredktokfillkwhichkrolekwithkrespectkto
kaccountingkinformationksystems?




a. User

, EndkofkChapterkSolutionskManual:kRichardson,kChang,kSmith,kAccountingkInformationkSystems,k4thkedition
b. Manager
c. Designer