Solution Manual for Accounting Information Systems 4th Edition By Vernon Richardson, Chengyee Janie Chang, Rod E. Smith All Chapters (1-17) Q&A Verified |Grade A+ Assured

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Solution Manual for Accounting Information Systems 4th Edition

By Vernon Richardson, Chengyee Janie Chang, Rod E. Smith

All Chapters (1-17) Q&A Verified |Grade A+ Assured




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,THIS DOCUMENT BELONGS TO TESTBANKSPROF


TABLE OF CONTENTS

Chapter 1: Accounting Information Systems and Firm Value ............................................... 3
Chapter 2 – Data Analytics in Accounting ..................................................................................... 19
Chapter 3 – Data Analytics: Data Visualizations ....................................................................... 24
Chapter 4: Accountants as Business Analysts ............................................................................ 32
Chapter 5: Data Modeling ..................................................................................................................... 48
Chapter 6 – Relational Databases and Enterprise Systems ................................................. 58
Chapter 7: Sales and Collections Business Process ................................................................. 81
Chapter 8: Purchases and Payments Business Process ........................................................ 98
Chapter 9: Conversion Business Process ................................................................................... 109
Chapter 10:see Integrated Project Instructor material ..................................................... 123
Chapter 11 – Accounting Information Systems and Internal Controls ...................... 123
Chapter 12 – Cybersecurity and Computer Fraud................................................................. 137
Chapter 13 – Monitoring and Auditing AIS ............................................................................... 176
Chapter 14: Reporting Processes and eXtensible Business Reporting Language
(XBRL) .......................................................................................................................................................... 188
Chapter 15 Emerging Technologies: Blockchain and AI Automation ......................... 202
Chapter 16 – The Balanced Scorecard, Business Model Canvas, and Business
Value of Information Technology .................................................................................................. 212
Chapter 17: Justifying and Planning IT Initiatives Using Project Management
Techniques................................................................................................................................................. 227




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Chapter 1: Accounting Information Systems and Firm Value
Multiple Choice Questions
1. (LO 1-1) Accounting information systems
a. are always computerized.
b. report only financially related information.
c. are information systems that record, process, and report on transactions to
provide financial and nonfinancial information for decision making and control.
d. require a CITP designation to understand.
CORRECT ANSWER: C
2. (LO 1-1) Which of the following is a characteristic of relevance?
a. Materiality
b. Timeliness
c. Verifiable
d. Cost to generate
CORRECT ANSWER: A
3. (LO 1-2) Which of the following is considered to be mandatory information
required by a regulatory body?
a. 10-Q submission to the Securities and Exchange Commission
b. The cost to produce a Samsung Galaxy
c. The number of organic bananas that are sold at Whole Foods on July 28
d. The cost to build an all-new Starbucks restaurant in Shenzhen, China
CORRECT ANSWER: A
4. (LO 1-4) The correct order of events in the value chain is

a. Inbound logistics ➛ Operations ➛ Service.

b. Inbound logistics ➛ Outbound logistics ➛ Marketing and sales.

c. Inbound logistics ➛ Operations ➛ Outbound logistics.

d. Inbound logistics ➛ Operations ➛ Marketing and Sales.
CORRECT ANSWER: C
5. (LO 1-8) Which system contributes information on direct labor to a cost
accounting system?
a. Supply chain management system (SCMS)

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b. Financial reporting system (FRS)
c. Customer Relational Management System (CRM)
d. Human resource management system (HRMS)
CORRECT ANSWER: D
6. (LO 1-7) A supply chain
a. supplies jewelry chains.
b. refers to the flow of materials, information, payments, and services.
c. is similar in function and purpose to the value chain.
d. does not apply to a service firm like an accounting firm.
CORRECT ANSWER: B
7. (LO 1-7) Customer relationship management software does not include
information about
a. current customers.
b. prospective customers.
c. former customers.
d. current employees.
CORRECT ANSWER: D
8. (LO 1-6) An information system that measures and records accounting
transactions and reports them in the financial statements is called a
a. financial reporting system (FRS).
b. enterprise system (ES).
c. manufacturing system (MS).
d. cost accounting system.
CORRECT ANSWER: A
9. (LO 1-3) What is the name of the position for a person responsible for
determining Information needs of a business and designing a system to meet those
needs?
a. Chief information officer
b. Controller
c. IT auditor
d. Systems analyst


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