Test Bank — Accounting Information Systems, 9th Edition — James A. Hall

Accounting Information
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Systems – 9th Edition
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TEST BANK
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James A. Hall
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Comprehensive Test Bank for Instructors
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and Students
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© James A. Hall
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All rights reserved. Reproduction or distribution without permission is prohibited.




©STUDYSTREAM

, TABLE OF CONTENTS
Accounting Information Systems – 9th Edition
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James A. Hall
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Part I: Overview of Accounting Information Systems

1. The Information System: An Accountant’s Perspective
2. Introduction to Transaction Processing
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3. Ethics, Fraud, and Internal Control

Part II: Transaction Cycles and Business Processes
4. The Revenue Cycle
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5. The Expenditure Cycle — Part I: Purchases and Cash Disbursements Procedures
6. The Expenditure Cycle — Part II: Payroll Processing and Fixed Asset Procedures
7. The Conversion Cycle
8. General Ledger, Financial Reporting, and Management Reporting Systems
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Part III: Advanced Technologies in Accounting Information Systems
9. Database Management Systems
10. The REA Approach to Business Process Modeling
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11. Enterprise Resource Planning Systems
12. Electronic Commerce Systems

Part IV: Systems Development Activities
13. The Systems Development Process: Part I — Introduction to the Systems
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Development Life Cycle
14. Systems Development Process: Part II — Construct, Deliver, and Maintain
Systems Projects
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Part V: Computer Controls & IT Auditing
15. Auditing IT Controls — Part I: Sarbanes-Oxley and IT Governance
16. Auditing IT Controls — Part II: Security and Access
17. Auditing IT Controls — Part III: Systems Development, Program Changes, and
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Application Auditing




©STUDYSTREAM

, Test Bank for Accounting Information Systems 9e James A. Hall,
All Chapters
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Chapter 1—The Information System: An Accountant’s Perspective


TRUE/FALSE
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1. Information is a business resource.

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2. IT outsourcing is location-independent computing.
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3. Transaction processing systems convert non-financial transactions into financial transactions.
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4. Information lacking reliability may still have value.

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5. A balance sheet prepared in conformity with GAAP is an example of discretionary reporting.

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6. The Management Reporting System provides the internal financial information needed to manage a
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business.

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7. Most of the inputs to the General Ledger System come from the Financial Reporting System.
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8. When preparing discretionary reports, organizations can choose what information to report and how to
present it.

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9. Retrieval is the task of permanently removing obsolete or redundant records from the database.

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10. Systems development represents 80 to 90 percent of the total cost of a computer system.

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11. The database administrator is responsible for the security and integrity of the database.

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, Accounting Information Systems, 9e – Test Bank, Chapter 1


12. Custom software is completely finished, tested, and ready for implementation.
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13. The internal auditor represents the interests of third-party outsiders.
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14. Information Technology (IT) audits can be performed by both internal and external auditors.

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15. Custom software is the most affordable systems development option.

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16. A database is a collection of interconnected computers and communications devices that allows users to
communicate, access data and applications, and share information and resources.

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17. Systems maintenance consumes the majority of a system’s total costs.
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18. Cloud computing is a practice in which the organization sells its IT resources to a third-party outsourcing
vendor then leases back IT services from the vendor for a contract period.
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19. A potential benefit of cloud computing is that the client firm does not need to know where its data are
bring processed.

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20. One of the greatest disadvantages of database systems is that all data is always available to all users.

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21. Under SOX legislation public accounting firms are no longer allowed to provide consulting services to
audit clients.

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22. One member of a company’s audit committee must be an independent CPA.


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