QUESTIONS & ANSWERS 100% ACCURATE!!
Themes of this textbook correct answers Enterprise Systems
E-Business
Controls
10 elements are included in the study of AIS: correct answers Communications, accounting
and auditing principles
Technology, databases, reporting, control
Business operations, events processing, management decision making, systems development
and operation
Organization, interrelationships, integration, and central objectives must be present in a
system because: correct answers A system is a set of interdependent elements that together
accomplish specific objectives
Are the terms system and subsystem synonymous? correct answers No. Each part of a system
is known as a subsystem
What is the relationship between an AIS and an IS? correct answers An AIS cannot be
distinguished separately from an IS
What are three logical components of a business process? correct answers Management,
operations and information processes
The information system is important to the success of the organization by: correct answers
Facilitating operations processes and providing information for the organization's
management
An entity is correct answers an accounting system is a resource, event, or agent about which
data are collected.
(Resources include inventory, equipment, cash)
(Events include orders, sales, purchases
Agents include customers, employees, vendors)
An instance of an entity: correct answers is one specific thing of the type defined entity
Two major functions of an information system are: correct answers This information can
supplement accounting information and can assist managers in their decision making
,Factors that distinguish data from information are all of the following: correct answers Data
must be transformed into information
Information is data
Data are facts or figures in raw form
Qualities of information include all of the following correct answers Integrity, Relevance,
Understandability
What are the three steps in decision making? correct answers Intelligence, Design, Choice
How do horizontal and vertical information flows differ? correct answers Operations and
information flows are both horizontal and vertical
What is structure as it relates to decisions? correct answers Structure is the degree of
repetition and routine in the decision
What roles can an accountant assume/fill in relation to the AIS? correct answers Designer,
Auditor, User
______ ______ is a process designed to provide confidence that the organization is achieving
its objectives. correct answers Internal Control
______ ______ integrate the business processes and information from all of an organization's
functional areas. correct answers Enterprise Systems
______ ______ is the use of electronic networks (including the Internet) to enable business
processes between individuals and organizations. correct answers E-Business
______ ______ are software packages that can be used to support enterprise systems. correct
answers ERP Systems (Enterprise Resource Planning Systems)
Business processes include: correct answers Business operations, events processing,
management decision making
The difference between system and subsystem is: correct answers Each part of a system is
known as a subsystem
The ______ ______is a system consisting of the people, equipment, organization, policies,
and procedures whose objective is to accomplish the work of the organization. correct
answers Operations process
What is data? correct answers The measurements of objects and events, Can be transformed
into information, Facts or figures in raw form
Information is all of the following: correct answers Data presented in a form that is useful in
a decision-making activity
Reduces uncertainty and increases knowledge about a particular area of concern
, Has value to the decision maker
If information has integrity, then it is: correct answers Free of error and complete
If information has reliability, then it is: correct answers Regarded as true and credible
If information has confidentiality, then it is: correct answers Has restricted access
______ ______ requires summarized and external information. correct answers Strategic
management
______ ______ require information that is summarized, broader in scope, and need not be
accurate correct answers Tactical management
______ ______ require information that is an aggregate of data related to several business
events correct answers Operations managers
______is the degree of repetition and routine in the decision. correct answers Structure
The ________ _______ is the central repository for all the data related to the enterprise's
business activities and resources: correct answers Enterprise database
______ ______ is the process of making choices. correct answers Decision making
Which questions do accountants address when designing AIS? correct answers What will be
recorded?
What controls are necessary?
What reports will be produced?
The following are key features/characteristics of an enterprise system: correct answers
Integration of the major business processes
Automation or computerization of business processes
The following are key features/characteristics of an enterprise resource planning (ERP)
system : correct answers Integration of the major business processes
Automation or computerization of business process
**Consists of modules**
All of the following are true about add-on modules to an ERP system except that they: correct
answers Can be used to enhance the interface with business partners but not with customers
Which of the following is true about enterprise application integration (EAI)? correct answers
EAI is an approach that combines processes, software, standards, and hardware to link two or
more systems together.