TEST BANK FOR ACCOUNTING
#my #my #my
INFORMATION SYSTEMS,
#my #my
UNDERSTANDING BUSINESS
#my #my
PROCESSES, 4TH EDITION BRETT
#my #my #my #my
CONSIDINE, ALISON PARKES,
#my #my #my
KARIN OLESEN, YVETTE BLOUNT,
#my #my #my #my
DEREK SPEER #my #my
SCHOLARVAULT
,Chapter 1 Systems fundamentals
Multiple Choice Questions
1. The role of the accountant has changed in recent times because:
a. Professional bodies have sought to redefine and reposition the accounting
function.
*b. Computer systems have emerged to handle the classification and recording
tasks traditionally associated with the accounting function.
c. The accounting cycle is too complex and involved to be performed solely by
the accountant.
d. Knowledge workers have increasingly replaced accountants in the
performance of recording and classification tasks.
Correct answer: b
Learning Objective 1.1 ~ Define and describe accounting and explain how information
systems have altered the role of accounting and the job of the accountant
2. As computer systems have been developed to perform the recording and classification
tasks associated with business activities, the nature of accounting and the work of the
accountant have also been pushed in a new direction. Increasingly, the role of the
accountant is seen to be to:
a. Use computer programs rather than manual journals.
b. Ensure that businesses invest in new software.
*c. Add value and provide and interpret information for an organisation.
d. Outsource accounting work to bookkeepers.
Correct answer: c
Learning Objective 1.1 ~ Define and describe accounting and explain how information
systems have altered the role of accounting and the job of the accountant
3. The ICAA requires that its members should bring their analytic expertise to several
fields. Which one of the following field is NOT specified by the ICAA?
a. Strategic planning and change management
b. Market analysis and compliance
c. The use of information technology
*d. Human resource management
Correct answer: d
Learning Objective 1.1 ~ Define and describe accounting and explain how information
systems have altered the role of accounting and the job of the accountant
4. What does ERP stand for?
*a. Enterprise Resource Planning
SCHOLARVAULT
, b. Enterprise #myResource #myPackage
c. Electronic #myResource #myPlanning
d. Electronic #myResource #myPackage
Correct #myanswer: #mya
Learning #myObjective #my1.1 #my~ #myDefine #myand #mydescribe #myaccounting #myand #myexplain #myhow
#myinformation #mysystems #myhave #myaltered #mythe #myrole #myof #myaccounting #myand #mythe #myjob #myof
#mythe #myaccountant
5. Which #myof #mythe #myfollowing #mystatements #myis #myNOT #mya #mymajor #myreason #myof #mywhy
#myaccountants #myof #mythe #mytwenty-first #mycentury #mymust #mybe #mycomfortable #mywith
#myinformation #mysystems #myconcepts?
a. Computer #mysystems #myare #myplaying #myan #myincreasing #mypart #myin #mythe
#mymanagement #myand #myfunctioning #myof #mythe #myorganisation
b. Accountants #myare #myincreasingly #myexposed #myto #myand #myworking #mywith
#mytechnology #myand #myinformation #mysystems
c. Accountants #myneed #myto #myknow #myhow #mycomputers #mymanage #myknowledge
#myand #myits #mydata #myresources.
*d. Accountants #myneed #myto #mylead #myand #myoversee #mythe #mydesign #myof #myan
#myaccounting #myinformation #mysystem.
Correct #myanswer: #myd
Learning #myObjective #my1.1 #my~ #myDefine #myand #mydescribe #myaccounting #myand #myexplain #myhow
#myinformation #mysystems #myhave #myaltered #mythe #myrole #myof #myaccounting #myand #mythe #myjob #myof
#mythe #myaccountant
6. Information #myis:
a. the #mysame #myas #mydata.
*b. data #mythat #myhas #mybeen #myprocessed #myand #myconverted.
c. less #myuseful #mythan #mydata.
d. raw #myfacts #mydescribing #myan #myevent.
Correct #myanswer: #myb
Learning #myObjective #my1.2 #my~ #myDefine #myand #mydescribe #myinformation
7. What #myis #myinformation #myoverload?
SCHOLARVAULT
, a. The #mysituation #mywhere #mya #mycomputer #myhas #mymore #myinformation #mythan #myis
#myneeded #myor #myis #myable #myto #mybe #myprocessed #myin #mya #mymeaningful #myway #mywhen
#mya #mycomputer #myprogram #myis #myexecuted.
*b. The #mysituation #mywhere #myan #myindividual #myhas #mymore #myinformation #mythan
#myis #myneeded #myor #myis #myable #myto #mybe #myprocessed #myin #mya #mymeaningful #myway
#mywhen #myworking #mythrough #mya #mydecision.
c. The #mysituation #mywhere #mya #mycomputer #myhas #mymore #myinformation #mythan #myis
#myneeded #myor #myis #myable #myto #mybe #myprocessed #mywhen #mydata #mystorage #myis #mytaking
#myplace.
d. The #mysituation #mywhere #mythe #myamount #myof #myinformation #myexceeds #mythe
#mystorage #mycapacity #myof #mythe #mybrain #myof #mya #myhuman #mybeing.
Correct #myanswer: #myb
Learning #myObjective #my1.2 #my~ #myDefine #myand #mydescribe #myinformation
8. Which #myof #mythe #myfollowing #mystatements #mybest #myindicates #mythe #mydifference
#mybetween #mydata #myand #myinformation:
a. information #myand #mydata #myare #mythe #mysame.
b. information #myis #myless #myuseful #mythan #mydata.
c. information #myis #myalways #myuseful #mywhereas #mydata #myis #myonly #mysometimes #myuseful.
*d. information #myis #mydata #mythat #myhas #mybeen #myprocessed #myand #myconverted
Correct #myanswer: #myd
Learning #myObjective #my1.2 #my~ #myDefine #myand #mydescribe #myinformation
9. The #myfollowing #mymessage #mybox #myappears #mywhen #myentering #mya #mycustomer
#myorder #myinto #mya #mysales #mysystem:
This #myis #myan #myexample #myof:
a. Input
b. Process
c. Output
*d. Feedback
Correct #myanswer: #myd
Learning #myObjective #my1.3 #my~ #myDefine #myand #mydescribe #mya #mysystem, #myusing #myexamples
10. A #mysystem #mycan #mybe #mydefined #myas:
a. activities #mythat #myare #myperformed #myon #myinputs
SCHOLARVAULT
#my #my #my
INFORMATION SYSTEMS,
#my #my
UNDERSTANDING BUSINESS
#my #my
PROCESSES, 4TH EDITION BRETT
#my #my #my #my
CONSIDINE, ALISON PARKES,
#my #my #my
KARIN OLESEN, YVETTE BLOUNT,
#my #my #my #my
DEREK SPEER #my #my
SCHOLARVAULT
,Chapter 1 Systems fundamentals
Multiple Choice Questions
1. The role of the accountant has changed in recent times because:
a. Professional bodies have sought to redefine and reposition the accounting
function.
*b. Computer systems have emerged to handle the classification and recording
tasks traditionally associated with the accounting function.
c. The accounting cycle is too complex and involved to be performed solely by
the accountant.
d. Knowledge workers have increasingly replaced accountants in the
performance of recording and classification tasks.
Correct answer: b
Learning Objective 1.1 ~ Define and describe accounting and explain how information
systems have altered the role of accounting and the job of the accountant
2. As computer systems have been developed to perform the recording and classification
tasks associated with business activities, the nature of accounting and the work of the
accountant have also been pushed in a new direction. Increasingly, the role of the
accountant is seen to be to:
a. Use computer programs rather than manual journals.
b. Ensure that businesses invest in new software.
*c. Add value and provide and interpret information for an organisation.
d. Outsource accounting work to bookkeepers.
Correct answer: c
Learning Objective 1.1 ~ Define and describe accounting and explain how information
systems have altered the role of accounting and the job of the accountant
3. The ICAA requires that its members should bring their analytic expertise to several
fields. Which one of the following field is NOT specified by the ICAA?
a. Strategic planning and change management
b. Market analysis and compliance
c. The use of information technology
*d. Human resource management
Correct answer: d
Learning Objective 1.1 ~ Define and describe accounting and explain how information
systems have altered the role of accounting and the job of the accountant
4. What does ERP stand for?
*a. Enterprise Resource Planning
SCHOLARVAULT
, b. Enterprise #myResource #myPackage
c. Electronic #myResource #myPlanning
d. Electronic #myResource #myPackage
Correct #myanswer: #mya
Learning #myObjective #my1.1 #my~ #myDefine #myand #mydescribe #myaccounting #myand #myexplain #myhow
#myinformation #mysystems #myhave #myaltered #mythe #myrole #myof #myaccounting #myand #mythe #myjob #myof
#mythe #myaccountant
5. Which #myof #mythe #myfollowing #mystatements #myis #myNOT #mya #mymajor #myreason #myof #mywhy
#myaccountants #myof #mythe #mytwenty-first #mycentury #mymust #mybe #mycomfortable #mywith
#myinformation #mysystems #myconcepts?
a. Computer #mysystems #myare #myplaying #myan #myincreasing #mypart #myin #mythe
#mymanagement #myand #myfunctioning #myof #mythe #myorganisation
b. Accountants #myare #myincreasingly #myexposed #myto #myand #myworking #mywith
#mytechnology #myand #myinformation #mysystems
c. Accountants #myneed #myto #myknow #myhow #mycomputers #mymanage #myknowledge
#myand #myits #mydata #myresources.
*d. Accountants #myneed #myto #mylead #myand #myoversee #mythe #mydesign #myof #myan
#myaccounting #myinformation #mysystem.
Correct #myanswer: #myd
Learning #myObjective #my1.1 #my~ #myDefine #myand #mydescribe #myaccounting #myand #myexplain #myhow
#myinformation #mysystems #myhave #myaltered #mythe #myrole #myof #myaccounting #myand #mythe #myjob #myof
#mythe #myaccountant
6. Information #myis:
a. the #mysame #myas #mydata.
*b. data #mythat #myhas #mybeen #myprocessed #myand #myconverted.
c. less #myuseful #mythan #mydata.
d. raw #myfacts #mydescribing #myan #myevent.
Correct #myanswer: #myb
Learning #myObjective #my1.2 #my~ #myDefine #myand #mydescribe #myinformation
7. What #myis #myinformation #myoverload?
SCHOLARVAULT
, a. The #mysituation #mywhere #mya #mycomputer #myhas #mymore #myinformation #mythan #myis
#myneeded #myor #myis #myable #myto #mybe #myprocessed #myin #mya #mymeaningful #myway #mywhen
#mya #mycomputer #myprogram #myis #myexecuted.
*b. The #mysituation #mywhere #myan #myindividual #myhas #mymore #myinformation #mythan
#myis #myneeded #myor #myis #myable #myto #mybe #myprocessed #myin #mya #mymeaningful #myway
#mywhen #myworking #mythrough #mya #mydecision.
c. The #mysituation #mywhere #mya #mycomputer #myhas #mymore #myinformation #mythan #myis
#myneeded #myor #myis #myable #myto #mybe #myprocessed #mywhen #mydata #mystorage #myis #mytaking
#myplace.
d. The #mysituation #mywhere #mythe #myamount #myof #myinformation #myexceeds #mythe
#mystorage #mycapacity #myof #mythe #mybrain #myof #mya #myhuman #mybeing.
Correct #myanswer: #myb
Learning #myObjective #my1.2 #my~ #myDefine #myand #mydescribe #myinformation
8. Which #myof #mythe #myfollowing #mystatements #mybest #myindicates #mythe #mydifference
#mybetween #mydata #myand #myinformation:
a. information #myand #mydata #myare #mythe #mysame.
b. information #myis #myless #myuseful #mythan #mydata.
c. information #myis #myalways #myuseful #mywhereas #mydata #myis #myonly #mysometimes #myuseful.
*d. information #myis #mydata #mythat #myhas #mybeen #myprocessed #myand #myconverted
Correct #myanswer: #myd
Learning #myObjective #my1.2 #my~ #myDefine #myand #mydescribe #myinformation
9. The #myfollowing #mymessage #mybox #myappears #mywhen #myentering #mya #mycustomer
#myorder #myinto #mya #mysales #mysystem:
This #myis #myan #myexample #myof:
a. Input
b. Process
c. Output
*d. Feedback
Correct #myanswer: #myd
Learning #myObjective #my1.3 #my~ #myDefine #myand #mydescribe #mya #mysystem, #myusing #myexamples
10. A #mysystem #mycan #mybe #mydefined #myas:
a. activities #mythat #myare #myperformed #myon #myinputs
SCHOLARVAULT
