Test Bank for Accounting Information Systems, 4th Edition by Vernon Richardson

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,Test Bank Accounting Information Systems, 4th Edition by Vernon Richardson
v v v v v v v v v




Answers Included v

Chap 01 4e Richardson
v v v


1) Accounting vand vFinance vis va vprimary vactivity vin vthe vvalue vchain.
⊚ v true
⊚ v false



2) As vof vtoday, vAccounting vInformation vSystems vare vall vcomputerized.
⊚ v true
⊚ v false



3) Business vvalue vincludes vall vthose vitems, vevents vand vinteractions vthat vdetermine vthe
financial vhealth vand vwell-being vof vthe vfirm.
v


⊚ v true
⊚ v false



4) The vCertified vInformation vTechnology vProfessional v(CITP) vis va vprofessional vdesignation
for vthose vwith va vbroad vrange vof vtechnology vknowledge vand vdoes vnot vrequire va vCPA.
v


⊚ v true
⊚ v false



5) The vCertified vInformation vSystems vAuditor v(CISA) vis va vprofessional vdesignation
generally vsought vby vthose vperforming vIT vaudits.
v


⊚ v true
⊚ v false



6) Information vis vdefined vas vbeing vdata vorganized vin va vmeaningful vway vthat vis vuseful vto vthe vuser.
⊚ v true
⊚ v false



7) Data vis vdefined vas vbeing vinformation vorganized vin va vmeaningful vway vthat vis vuseful vto vthe vuser.
⊚ v true
⊚ v false




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,8) An vAIS vmay vcreate vvalue vby vgiving vaccess vto vmanagement vinformation vrelevant vto
the vdecision vmakers.
v


⊚ v true
⊚ v false



9) An vAIS vmay vcreate vvalue vby vproviding van vinternal vcontrol vstructure vneeded vto vmake vsure
the vinformation vis vsecure, vreliable, vand vfree vfrom verror.
v


⊚ v true
⊚ v false



10) Relevant vinformation’s vmost vdefining vcharacteristic vis vthat vit vis vfree vfrom vbias vand verror.
⊚ v true
⊚ v false



11) The vcharacteristics vof vrelevant vinformation vinclude vpredictive vvalue, vfeedback vvalue
and vtimeliness.
v


⊚ v true
⊚ v false



12) A vfaithful vrepresentation vof vthe vunderlying vevent vshould vreflect vthe vbias vof vthe vsystem vanalyst.
⊚ v true
⊚ v false



13) Information voverload vis vdefined vas vthe vdifficulty va vperson vfaces vin vunderstanding va
problem vand vmaking va vdecision vas va vconsequence vof vtoo vmuch vinformation.
v


⊚ v true
⊚ v false



14) The vmain vfinancial vbenefit vof vCustomer vRelationship vManagement vpractices vreduces vthe
cost vof vgoods vsold.
v


⊚ v true
⊚ v false




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, 15) An vefficient vEnterprise vSystem vcan vsignificantly vlower vthe vcost vof vsupport vprocesses
included vin vsales, vgeneral, vand vadministrative vexpenses.
v


⊚ v true
⊚ v false



16) An vaccounting vinformation vsystem v(AIS) vis vdefined vas vbeing van vinformation vsystem
vthat vrecords, vprocesses vand vreports von vtransactions vto vprovide vfinancial vand
vnonfinancial vinformation vfor vdecision vmaking vand vcontrol.


⊚ v true
⊚ v false



17) An venterprise vsystem vis va vcentralized vdatabase vthat vcollects vdata vfrom vthroughout vthe
firm. vThis vincludes vdata vfrom vorders, vcustomers, vsales, vinventory vand vemployees.
v


⊚ v true
⊚ v false



18) Outbound vlogistics vare vthe vactivities vassociated vwith vreceiving vand vstoring vraw vmaterials
as vwell vas vactivities vthat vtransform vthese vinputs vinto vfinished vgoods.
v


⊚ v true
⊚ v false



19) Service vActivities vas vdefined vin vthe vvalue vchain vare vthose vactivities vthat vprovide vthe vsupport
of vcustomers vafter vthe vproducts vand vservices vare vsold vto vthem v(e.g. vwarranty vrepairs, vparts,
v


instruction vmanuals, vetc.).
v


⊚ v true
⊚ v false



20) A vwell-designed vand vwell-functioning vAIS vcan vbe vexpected vto vcreate vvalue vby
vproviding vrelevant vinformation vhelpful vto vmanagement vto vincrease vrevenues vand
vreduce vexpenses.


⊚ v true
⊚ v false




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