TEST BANK #ghu
Accounting Information Systems
#ghu #ghu
by Vernon Richardson, Chengyee Chang, Rod Smith
#ghu #ghu #ghu #ghu #ghu #ghu
4th Edition
#ghu
All Chapters Included
#ghu #ghu ⬛
#ghu#ghu⬛#ghu⬛#ghu
Page
#ghu1 All Answers Included
#ghu #ghu ⬛
#ghu#ghu⬛#ghu⬛#ghu
SCHOLARVAULT
, Bloom's: # g h u Remember
#ghuAACSB: #ghuReflective
#ghuThinking
AICPA: #ghuBB #ghuIndustry; #ghuFN #ghuDecision #ghuMaking
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 All Chapters ⬛⬛⬛
2) Accounting Information Systems at this date are all computerized.
ANSWER: FALSE All Answers ⬛⬛⬛
Diff: 1
Topic: Data versus Information
SCHOLARVAULT
, 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
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.
SCHOLARVAULT
, 6) Information #ghuis #ghudefined #ghuas #ghubeing #ghudata #ghuorganized #ghuin #ghua #ghumeaningful #ghuway#ghuthat #ghuis
#ghuuseful #ghuto #ghuthe #ghuuser. #ghuANSWER: # g h u TRUE
Diff: #ghu1
Topic: #gh u Data #ghuversus #ghuInformation
Learning #ghuObjective: # g h u 01-02 #ghuDistinguish #ghuamong #ghudata, #ghuinformation, #ghuand #ghuan
#ghuinformation #ghusystem. #ghuBloom's: # g h u Remember
AACSB: # g h u Reflective #ghuThinking
AICPA: #ghuBB #ghuIndustry; #ghuFN #ghuDecision #ghuMaking
7) Data #ghuis #ghudefined #ghuas #ghubeing #ghuinformation #ghuorganized #ghuin #ghua #ghumeaningful #ghuway#ghuthat #ghuis
#ghuuseful #ghuto #ghuthe #ghuuser. #ghuANSWER: # g h u FALSE
Diff: #ghu1
Topic: #gh u Data #ghuversus #ghuInformation
Learning #ghuObjective: # g h u 01-02 #ghuDistinguish #ghuamong #ghudata, #ghuinformation, #ghuand #ghuan
#ghuinformation #ghusystem. #ghuBloom's: # g h u Remember
AACSB: # g h u Reflective #ghuThinking
AICPA: #ghuBB #ghuIndustry; #ghuFN #ghuDecision #ghuMaking
8) A#ghusystems #ghuanalyst #ghuanalyzes #ghua #ghubusiness #ghuproblem #ghuthat #ghumight #ghube #ghuaddressed #ghuby#ghuan
#ghuinformation #ghusystem #ghuand #ghurecommends #ghusoftware #ghuor #ghusystems #ghuto #ghuaddress #ghuthat
#ghuproblem.
ANSWER: # g h u TRUE
Diff: #ghu1
Topic: #ghuThe #ghuValue #ghuChain #ghuand #ghuAccounting #ghuInformation #ghuSystems
Learning #ghuObjective: # g h u 01-04 #ghuDescribe #ghuhow #ghubusiness #ghuprocesses #ghuaffect #ghuthe
#ghufirm's #ghuvalue #ghuchain. #ghuBloom's: # g h u Remember
AACSB: # g h u Reflective #ghuThinking
AICPA: #ghuBB #ghuIndustry; #ghuFN #ghuDecision #ghuMaking
9) A#ghuvalue #ghuchain #ghuis #ghudefined #ghuas #ghuthe #ghuflow #ghuof #ghumaterials, #ghuinformation, #ghupayments,
#ghuand #ghuservices #ghufrom #ghucustomer #ghuto #ghusupplier.
ANSWER: # g h u FALSE
Diff: #ghu1
Topic: #ghuThe #ghuValue #ghuChain #ghuand #ghuAccounting #ghuInformation #ghuSystems
Learning #ghuObjective: # g h u 01-04 #ghuDescribe #ghuhow #ghubusiness #ghuprocesses #ghuaffect #ghuthe
#ghufirm's #ghuvalue #ghuchain. #ghuBloom's: # g h u Remember
AACSB: # g h u Reflective #ghuThinking
AICPA: #ghuBB #ghuIndustry; #ghuFN #ghuDecision #ghuMaking
10) Relevant #ghuinformation #ghuis #ghuthat #ghuinformation #ghuthat #ghuis #ghufree #ghufrom
#ghubias #ghuand #ghuerror. #ghuANSWER: # g h u FALSE
Diff: #ghu1
Topic: # g h u Definition #ghuof #ghuAccounting #ghuInformation #ghuSystems; #ghuAttributes #ghuof #ghuUseful #ghuInformation
Learning #ghuObjective: # g h u 01-01 #ghuDefine #ghuan #ghuaccounting #ghuinformation #ghusystem, #ghuand #ghuexplain #ghucharacteristics #ghuof
#ghuuseful #ghuinformation. #ghuBloom's: # g h u Remember
AACSB: # g h u Reflective #ghuThinking
AICPA: #ghuBB #ghuIndustry; #ghuFN #ghuDecision #ghuMaking
SCHOLARVAULT
Accounting Information Systems
#ghu #ghu
by Vernon Richardson, Chengyee Chang, Rod Smith
#ghu #ghu #ghu #ghu #ghu #ghu
4th Edition
#ghu
All Chapters Included
#ghu #ghu ⬛
#ghu#ghu⬛#ghu⬛#ghu
Page
#ghu1 All Answers Included
#ghu #ghu ⬛
#ghu#ghu⬛#ghu⬛#ghu
SCHOLARVAULT
, Bloom's: # g h u Remember
#ghuAACSB: #ghuReflective
#ghuThinking
AICPA: #ghuBB #ghuIndustry; #ghuFN #ghuDecision #ghuMaking
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 All Chapters ⬛⬛⬛
2) Accounting Information Systems at this date are all computerized.
ANSWER: FALSE All Answers ⬛⬛⬛
Diff: 1
Topic: Data versus Information
SCHOLARVAULT
, 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
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.
SCHOLARVAULT
, 6) Information #ghuis #ghudefined #ghuas #ghubeing #ghudata #ghuorganized #ghuin #ghua #ghumeaningful #ghuway#ghuthat #ghuis
#ghuuseful #ghuto #ghuthe #ghuuser. #ghuANSWER: # g h u TRUE
Diff: #ghu1
Topic: #gh u Data #ghuversus #ghuInformation
Learning #ghuObjective: # g h u 01-02 #ghuDistinguish #ghuamong #ghudata, #ghuinformation, #ghuand #ghuan
#ghuinformation #ghusystem. #ghuBloom's: # g h u Remember
AACSB: # g h u Reflective #ghuThinking
AICPA: #ghuBB #ghuIndustry; #ghuFN #ghuDecision #ghuMaking
7) Data #ghuis #ghudefined #ghuas #ghubeing #ghuinformation #ghuorganized #ghuin #ghua #ghumeaningful #ghuway#ghuthat #ghuis
#ghuuseful #ghuto #ghuthe #ghuuser. #ghuANSWER: # g h u FALSE
Diff: #ghu1
Topic: #gh u Data #ghuversus #ghuInformation
Learning #ghuObjective: # g h u 01-02 #ghuDistinguish #ghuamong #ghudata, #ghuinformation, #ghuand #ghuan
#ghuinformation #ghusystem. #ghuBloom's: # g h u Remember
AACSB: # g h u Reflective #ghuThinking
AICPA: #ghuBB #ghuIndustry; #ghuFN #ghuDecision #ghuMaking
8) A#ghusystems #ghuanalyst #ghuanalyzes #ghua #ghubusiness #ghuproblem #ghuthat #ghumight #ghube #ghuaddressed #ghuby#ghuan
#ghuinformation #ghusystem #ghuand #ghurecommends #ghusoftware #ghuor #ghusystems #ghuto #ghuaddress #ghuthat
#ghuproblem.
ANSWER: # g h u TRUE
Diff: #ghu1
Topic: #ghuThe #ghuValue #ghuChain #ghuand #ghuAccounting #ghuInformation #ghuSystems
Learning #ghuObjective: # g h u 01-04 #ghuDescribe #ghuhow #ghubusiness #ghuprocesses #ghuaffect #ghuthe
#ghufirm's #ghuvalue #ghuchain. #ghuBloom's: # g h u Remember
AACSB: # g h u Reflective #ghuThinking
AICPA: #ghuBB #ghuIndustry; #ghuFN #ghuDecision #ghuMaking
9) A#ghuvalue #ghuchain #ghuis #ghudefined #ghuas #ghuthe #ghuflow #ghuof #ghumaterials, #ghuinformation, #ghupayments,
#ghuand #ghuservices #ghufrom #ghucustomer #ghuto #ghusupplier.
ANSWER: # g h u FALSE
Diff: #ghu1
Topic: #ghuThe #ghuValue #ghuChain #ghuand #ghuAccounting #ghuInformation #ghuSystems
Learning #ghuObjective: # g h u 01-04 #ghuDescribe #ghuhow #ghubusiness #ghuprocesses #ghuaffect #ghuthe
#ghufirm's #ghuvalue #ghuchain. #ghuBloom's: # g h u Remember
AACSB: # g h u Reflective #ghuThinking
AICPA: #ghuBB #ghuIndustry; #ghuFN #ghuDecision #ghuMaking
10) Relevant #ghuinformation #ghuis #ghuthat #ghuinformation #ghuthat #ghuis #ghufree #ghufrom
#ghubias #ghuand #ghuerror. #ghuANSWER: # g h u FALSE
Diff: #ghu1
Topic: # g h u Definition #ghuof #ghuAccounting #ghuInformation #ghuSystems; #ghuAttributes #ghuof #ghuUseful #ghuInformation
Learning #ghuObjective: # g h u 01-01 #ghuDefine #ghuan #ghuaccounting #ghuinformation #ghusystem, #ghuand #ghuexplain #ghucharacteristics #ghuof
#ghuuseful #ghuinformation. #ghuBloom's: # g h u Remember
AACSB: # g h u Reflective #ghuThinking
AICPA: #ghuBB #ghuIndustry; #ghuFN #ghuDecision #ghuMaking
SCHOLARVAULT
