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

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TABLE OF CONTENTS Ch. 1 Accounting Information Systems and Firm Value Ch. 2 Accountants as Business Analysts Ch. 3 Data Modeling Ch. 4 Relational Databases and Enterprise Systems Ch. 5 Sales and Collections Business Process Ch. 6 Purchases and Payments Business Process Ch. 7 Conversion Business Process Ch. 8 Integrated Project Ch. 9 Reporting Processes and eXtensible Business Reporting Language (XBRL) Ch. 10 Data Analytics in Accounting: Concepts and the AMPS Model Ch. 11 Data Analytics in Accounting: Tools and Practice Ch. 12 Emerging Technologies: Blockchain and AI Automation Ch. 13 Accounting Information Systems and Internal Controls Ch. 14 Information Security and Computer Fraud Ch. 15 Monitoring and Auditing AIS Ch. 16 The Balanced Scorecard, Business Model Canvas, and Business Value of Information Technology Ch. 17 Evaluating AIS Investments Ch. 18 Systems Development and Project Management for AIS ACCOUNTING INFORMATION SYSTEMS (RICHARDSON) Page 3 Chapter 1 Accounting Information Systems and Firm Value 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 4) The Certified Information Technology Professional (CITP) is a professional designation for those with a broad range of technology knowledge and does not require a CPA. ANSWER: FALSE Diff: 1 Topic: Role of Accountants in Accounting Information Systems Learning Objective: 01-03 Distinguish the roles of accountants in providing information, and explain certifications related to accounting information systems. Bloom's: Remember AACSB: Reflective Thinking AICPA: BB Industry; FN Decision Making 5) The Certified Information Systems Auditor (CISA) is a professional designation generally sought by those performing IT audits. ANSWER: TRUE

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Chengyee Chang, Vernon Richardson, Rod Smith Accounting Information Systems
  • 2013
  • 9780078025495
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Institution
Accounting Information Systems, 3rd Edition
Course
Accounting Information Systems, 3rd Edition

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Uploaded on
April 12, 2025
Number of pages
329
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

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  • 9780078025495
  • accounting information systems 3rd edition
  • accounting information systems
  • test bank for accounting information systems 3rd

Content preview

ACCOUNTINGW INFORMATIONW SYSTEMSW(RICHARDSON)




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




PageW1

, ACCOUNTINGW INFORMATIONW SYSTEMSW(RICHARDSON)




TABLE OF CONTENTS
W W W




Ch.W1WAccountingWInformationWSystemsWandWFirmWValue

Ch.W2WAccountantsWasWBusinessWAnalysts

Ch.W3WDataWModeling

Ch.W4WRelationalWDatabasesWandWEnterpriseWSystems

Ch.W5WSalesWandWCollectionsWBusinessWProcess

Ch.W6WPurchasesWandWPaymentsWBusinessWProcess

Ch.W7WConversionWBusinessWProcess

Ch.W8WIntegratedWProject

Ch.W9WReportingWProcessesWandWeXtensibleWBusinessWReportingWLanguageW(XBRL)

Ch.W10WDataWAnalyticsWinWAccounting:WConceptsWandWtheWAMPSWModel

Ch.W11WDataWAnalyticsWinWAccounting:WToolsWandWPractice

Ch.W12WEmergingWTechnologies:WBlockchainWandWAIWAutomation

Ch.W13WAccountingWInformationWSystemsWandWInternalWControls

Ch.W14WInformationWSecurityWandWComputerWFraud

Ch.W15WMonitoringWandWAuditingWAIS

Ch.W16WTheWBalancedWScorecard,WBusinessWModelWCanvas,WandWBusinessWValueWofWInformationWTechnology

Ch.W17WEvaluatingWAISWInvestments

Ch.W18WSystemsWDevelopmentWandWProjectWManagementWforWAISW




PageW2

, ACCOUNTINGW INFORMATIONW SYSTEMSW(RICHARDSON)




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




1) AccountingWandWFinanceWisWaWprimaryWactivityWinWtheWvalueWchain.
ANSWER:W FALSE
Diff:W1
Topic:W TheWValueWChainWandWAccountingWInformationWSystems
LearningWObjective:W 01-
04WDescribeWhowWbusinessWprocessesWaffectWtheWfirm'sWvalueWchain.WBloom's:W Remember
AACSB:W ReflectiveWThinking
AICPA:W BBWIndustry;WFNWDecisionWMaking

2) AccountingWInformationWSystemsWatWthisWdateWareWallWcomputerize
d.WANSWER:W FALSE
Diff:W1
Topic:W DataWversusWInformation
LearningWObjective:W 01-
02WDistinguishWamongWdata,Winformation,WandWanWinformationWsystem.WBloom's:W Remember
AACSB:W ReflectiveWThinking
AICPA:W BBWIndustry;WFNWDecisionWMaking

3) BusinessWvalueWincludesWallWthoseWitems,WeventsWandWinteractionsWthatWdetermineWtheWfinancialWheal
thWandWwell-beingWofWtheWfirm.
ANSWER:W TRUE
Diff:W1
Topic:W TheWValueWChainWandWAccountingWInformationWSystems
LearningWObjective:W 01-
04WDescribeWhowWbusinessWprocessesWaffectWtheWfirm'sWvalueWchain.WBloom's:W Remember
AACSB:W ReflectiveWThinking
AICPA:W BBWIndustry;WFNWDecisionWMaking

4) TheWCertifiedWInformationWTechnologyWProfessionalW(CITP)WisWaWprofessionalWdesignationWforWtho
seWwithWaWbroadWrangeWofWtechnologyWknowledgeWandWdoesWnotWrequireWaWCPA.
ANSWER:W FALSE
Diff:W1
Topic:W RoleWofWAccountantsWinWAccountingWInformationWSystems
LearningWObjective:W 01-
03WDistinguishWtheWrolesWofWaccountantsWinWprovidingWinformation,WandWexplainWcertificationsWrelat
edWtoWaccountingWinformationWsystems.
Bloom's:W RememberW AACS
B:W ReflectiveWThinking
AICPA:W BBWIndustry;WFNWDecisionWMaking

5) TheWCertifiedWInformationWSystemsWAuditorW(CISA)WisWaWprofessionalWdesignationWgenerallyWsoug
htWbyWthoseWperformingWITWaudits.
ANSWER:W TRUE
Diff:W1
Topic:W RoleWofWAccountantsWinWAccountingWInformationWSystems
LearningWObjective:W 01-
PageW3

, ACCOUNTINGW INFORMATIONW SYSTEMSW(RICHARDSON)
03WDistinguishWtheWrolesWofWaccountantsWinWprovidingWinformation,WandWexplainWcertificationsWrelat
edWtoWaccountingWinformationWsystems.
Bloom's:W RememberW AACS
B:W ReflectiveWThinking
AICPA:W BBWIndustry;WFNWDecisionWMaking




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