Test Bank Complete_
Accounting Information Systems: Controls And Processes 5th Edition, (2022)
By Leslie Turner, Andrea B. Weickgenannt & Mary Kay Copeland
All Chapters 1-14| Latest Version With Verified Answers| Grade A+
From: [Bestmaxsolutions.stuvia
,Chapter 1: Introduction To AIS___________________________________________________ 3
Chapter 2: Foundational Concepts Of The AIS _____________________________________ 48
Chapter 3: Fraud, Ethics, And Internal Control _____________________________________ 90
Chapter 4: Internal Controls And Risks In IT Systems _______________________________ 127
Chapter 5: IT Governance_____________________________________________________ 165
Chapter 6: Enterprise Resource Planning (ERP) Systems ____________________________ 194
Chapter 7: Auditing Information Technology – Bases Processes ______________________ 223
Chapter 8: Revenue And Cash Collection Processes ________________________________ 265
Chapter 9: Expenditures Processes And Controls - Purchases ________________________ 299
Chapter 10: Expenditures Processes And Controls – Payroll And Fixed Assets ___________ 334
Chapter 11: Conversion Processes And Controls ___________________________________ 365
Chapter 12: Administrative Processes And Controls ________________________________ 398
Chapter 13: Data And Databases ______________________________________________ 432
Chapter 14: E-Commerce, E-Business, and Digital Transformation ____________________ 469
,Chapter 1: Introduction To AIS
Leslie Turner: Accounting Information Systems: Controls and Processes 5th Edition, (2022) Test Bank
STUDY OBJECTIVES – Chapter 1
1. An Overview Of Business Processes
2. An Overview Of An Accounting Information System
3. The Business Process Linkage Throughout The Supply Chain
4. The IT Enablement Of Business Processes
5. Basic Computer And IT Concepts
6. Examples Of IT Enablement
7. The Internal Control Structure Of Organizations
8. The Importance Of Accounting Information Systems To Accountants
9. The Relation Of Ethics To Accounting Information Systems
END OF CHAPTER QUESTIONS:
SO1
1. When A Company Receives Returned Goods From A Customer, The Business Process
To Accept The Return Would Most Likely Be A(N):
A. Administrative Process
B. Conversion Process
C. Expenditure Process
D. Revenue Process ✅
When A Company Receives Returned Goods, It Typically Affects The Revenue Cycle,
Which Involves Sales And Returns Of Products. Hence, The Correct Answer Is The
Revenue Process, As This Process Is Directly Involved In Managing Customer
Transactions Like Returns, Refunds, And Revenue Recognition.
SO2
,2. Which Of The Following Is Least Likely To Be An Output Of The Accounting
Information System?
A. A Check
B. A Report
C. An Invoice
D. A Bar Code ✅
The Bar Code Is More Closely Related To Inventory Management And Logistics Systems,
Not Directly To The Outputs Of An Accounting Information System (AIS). An AIS
Typically Generates Reports, Invoices, And Checks To Facilitate Financial Transactions
And Reporting.
SO3
3. Which Of The Following Is Not True Of The Supply Chain?
A. The Supply Chain Includes Vendors.
B. The Supply Chain Excludes Customers. ✅
C. The Supply Chain Includes Information Flows.
D. The Supply Chain Includes Secondary Suppliers.
The Supply Chain Involves Both The Vendors And Customers In Its Processes. It Includes
Various Participants, Such As Secondary Suppliers And Information Flows, Which
Contribute To Moving Goods And Services From Raw Materials To The Final Consumer.
So, Excluding Customers Is Not Correct.
SO4
4. Which Of The Following Is Not An Objective Of IT Enablement?
A. Increased Accuracy Of Data
B. Reduced Cost
C. Reduced Security Problems ✅
D. Increased Efficiency
,While IT Systems Can Enhance Accuracy, Reduce Costs, And Increase Efficiency,
Security Issues Often Arise With Increased IT Systems, Rather Than Being Reduced.
Therefore, Reducing Security Problems Is Not Typically An Objective Of IT Enablement.
SO5
5. The Correct Order Of The Computer Data Hierarchy Is:
A. Byte, Bit, Record, Field, File, Database
B. Bit, Byte, Record, Field, File, Database
C. Bit, Byte, Field, Record, File, Database ✅
D. Bit, Byte, Field, Record, Database, File
The Correct Order Is From The Smallest Unit (Bit) To The Largest Unit (Database). This
Hierarchy Goes: Bit, Byte, Field, Record, File, And Finally, The Database.
SO5
6. The Process Of Searching For Identifiable Patterns In Data Is Called:
A. Sequential Processing
B. Data Warehousing
C. Data Mining ✅
D. Real-Time Processing
Data Mining Refers To The Process Of Analyzing Large Datasets To Find Patterns And
Relationships That Can Help In Decision-Making. It Involves Extracting Useful
Information From Data Through Various Methods.
SO6
7. An IT Enabled System For Purchasing That Is An "Invoice-Less" System Is Called
A(N):
A. Automated Matching System
B. Evaluated Receipt Settlement ✅
,C. E-Payables
D. Point Of Sale System
An Evaluated Receipt Settlement (ERS) Is An Invoice-Less System In Which A Company
Can Automatically Process Transactions Based On Goods Receipt Rather Than
Requiring An Invoice. This System Helps To Streamline Purchasing And Payments.
SO7
8. The COSO Report Written For The Purpose Of Assisting Managers In The Challenge
Of Managing Risk In Their Organization Is Entitled:
A. Internal Control -- Integrated Framework ✅
B. Enterprise Risk Management -- Integrated Framework
C. Corporate Governance Guidance
D. IT Governance Guidance
The Internal Control -- Integrated Framework Developed By COSO Is Designed To
Assist Organizations In Managing Risks Associated With Internal Controls. The
Enterprise Risk Management Framework Is Another COSO Report But Focuses More
Broadly On Risk Management Across An Organization.
SO8
9. Accountants Have Some Form Of Use Of The AIS In All But Which Role?
A. User
B. Programmer ✅
C. Auditor
D. Designer
While Accountants Use An Accounting Information System (AIS) In Roles Like User,
Auditor, And Designer, The Role Of Programmer Is Generally Reserved For IT
Professionals, Not Accountants.
SO9
, 10. Which Of The Following Is Not True Of Unethical Behavior?
A. The Only Category Of Unethical Behavior For Accountants Is Inflating Revenue. ✅
B. Accountants Are Often Pressured To Help Commit Or Cover Up Unethical Behavior.
C. Hacking Is An Unethical Behavior That Accountants Should Be Concerned About.
D. An Accounting Information System Can Be Used To Cover Up Unethical Behavior.
Unethical Behavior Includes Many Different Categories Beyond Just Inflating Revenue,
Such As Hiding Expenses Or Misreporting Transactions. Hacking, While A Concern For
Accountants, Is More Associated With IT Security, Not Necessarily An Accountant's
Direct Action.
MULTIPLE CHOICE QUESTIONS
SO1
11. A Prescribed Sequence Of Work Steps Performed In Order To Produce A Desired
Result For The Organization Is Called A(N):
A. Accounting Information System
B. Business Process ✅
C. Financial Transaction
D. Capital Transaction Process
A Business Process Is A Set Of Prescribed Steps Or Activities Designed To Achieve A
Specific Organizational Outcome, Such As Processing A Customer Order Or Preparing
Financial Statements.
SO1
12. The Process That Must Identify The Transactions To Be Recorded, Capture All The
Important Details Of The Transactions, Properly Process The Transaction Details, And
Provide Reports Is Termed The:
A. Revenue Process
Accounting Information Systems: Controls And Processes 5th Edition, (2022)
By Leslie Turner, Andrea B. Weickgenannt & Mary Kay Copeland
All Chapters 1-14| Latest Version With Verified Answers| Grade A+
From: [Bestmaxsolutions.stuvia
,Chapter 1: Introduction To AIS___________________________________________________ 3
Chapter 2: Foundational Concepts Of The AIS _____________________________________ 48
Chapter 3: Fraud, Ethics, And Internal Control _____________________________________ 90
Chapter 4: Internal Controls And Risks In IT Systems _______________________________ 127
Chapter 5: IT Governance_____________________________________________________ 165
Chapter 6: Enterprise Resource Planning (ERP) Systems ____________________________ 194
Chapter 7: Auditing Information Technology – Bases Processes ______________________ 223
Chapter 8: Revenue And Cash Collection Processes ________________________________ 265
Chapter 9: Expenditures Processes And Controls - Purchases ________________________ 299
Chapter 10: Expenditures Processes And Controls – Payroll And Fixed Assets ___________ 334
Chapter 11: Conversion Processes And Controls ___________________________________ 365
Chapter 12: Administrative Processes And Controls ________________________________ 398
Chapter 13: Data And Databases ______________________________________________ 432
Chapter 14: E-Commerce, E-Business, and Digital Transformation ____________________ 469
,Chapter 1: Introduction To AIS
Leslie Turner: Accounting Information Systems: Controls and Processes 5th Edition, (2022) Test Bank
STUDY OBJECTIVES – Chapter 1
1. An Overview Of Business Processes
2. An Overview Of An Accounting Information System
3. The Business Process Linkage Throughout The Supply Chain
4. The IT Enablement Of Business Processes
5. Basic Computer And IT Concepts
6. Examples Of IT Enablement
7. The Internal Control Structure Of Organizations
8. The Importance Of Accounting Information Systems To Accountants
9. The Relation Of Ethics To Accounting Information Systems
END OF CHAPTER QUESTIONS:
SO1
1. When A Company Receives Returned Goods From A Customer, The Business Process
To Accept The Return Would Most Likely Be A(N):
A. Administrative Process
B. Conversion Process
C. Expenditure Process
D. Revenue Process ✅
When A Company Receives Returned Goods, It Typically Affects The Revenue Cycle,
Which Involves Sales And Returns Of Products. Hence, The Correct Answer Is The
Revenue Process, As This Process Is Directly Involved In Managing Customer
Transactions Like Returns, Refunds, And Revenue Recognition.
SO2
,2. Which Of The Following Is Least Likely To Be An Output Of The Accounting
Information System?
A. A Check
B. A Report
C. An Invoice
D. A Bar Code ✅
The Bar Code Is More Closely Related To Inventory Management And Logistics Systems,
Not Directly To The Outputs Of An Accounting Information System (AIS). An AIS
Typically Generates Reports, Invoices, And Checks To Facilitate Financial Transactions
And Reporting.
SO3
3. Which Of The Following Is Not True Of The Supply Chain?
A. The Supply Chain Includes Vendors.
B. The Supply Chain Excludes Customers. ✅
C. The Supply Chain Includes Information Flows.
D. The Supply Chain Includes Secondary Suppliers.
The Supply Chain Involves Both The Vendors And Customers In Its Processes. It Includes
Various Participants, Such As Secondary Suppliers And Information Flows, Which
Contribute To Moving Goods And Services From Raw Materials To The Final Consumer.
So, Excluding Customers Is Not Correct.
SO4
4. Which Of The Following Is Not An Objective Of IT Enablement?
A. Increased Accuracy Of Data
B. Reduced Cost
C. Reduced Security Problems ✅
D. Increased Efficiency
,While IT Systems Can Enhance Accuracy, Reduce Costs, And Increase Efficiency,
Security Issues Often Arise With Increased IT Systems, Rather Than Being Reduced.
Therefore, Reducing Security Problems Is Not Typically An Objective Of IT Enablement.
SO5
5. The Correct Order Of The Computer Data Hierarchy Is:
A. Byte, Bit, Record, Field, File, Database
B. Bit, Byte, Record, Field, File, Database
C. Bit, Byte, Field, Record, File, Database ✅
D. Bit, Byte, Field, Record, Database, File
The Correct Order Is From The Smallest Unit (Bit) To The Largest Unit (Database). This
Hierarchy Goes: Bit, Byte, Field, Record, File, And Finally, The Database.
SO5
6. The Process Of Searching For Identifiable Patterns In Data Is Called:
A. Sequential Processing
B. Data Warehousing
C. Data Mining ✅
D. Real-Time Processing
Data Mining Refers To The Process Of Analyzing Large Datasets To Find Patterns And
Relationships That Can Help In Decision-Making. It Involves Extracting Useful
Information From Data Through Various Methods.
SO6
7. An IT Enabled System For Purchasing That Is An "Invoice-Less" System Is Called
A(N):
A. Automated Matching System
B. Evaluated Receipt Settlement ✅
,C. E-Payables
D. Point Of Sale System
An Evaluated Receipt Settlement (ERS) Is An Invoice-Less System In Which A Company
Can Automatically Process Transactions Based On Goods Receipt Rather Than
Requiring An Invoice. This System Helps To Streamline Purchasing And Payments.
SO7
8. The COSO Report Written For The Purpose Of Assisting Managers In The Challenge
Of Managing Risk In Their Organization Is Entitled:
A. Internal Control -- Integrated Framework ✅
B. Enterprise Risk Management -- Integrated Framework
C. Corporate Governance Guidance
D. IT Governance Guidance
The Internal Control -- Integrated Framework Developed By COSO Is Designed To
Assist Organizations In Managing Risks Associated With Internal Controls. The
Enterprise Risk Management Framework Is Another COSO Report But Focuses More
Broadly On Risk Management Across An Organization.
SO8
9. Accountants Have Some Form Of Use Of The AIS In All But Which Role?
A. User
B. Programmer ✅
C. Auditor
D. Designer
While Accountants Use An Accounting Information System (AIS) In Roles Like User,
Auditor, And Designer, The Role Of Programmer Is Generally Reserved For IT
Professionals, Not Accountants.
SO9
, 10. Which Of The Following Is Not True Of Unethical Behavior?
A. The Only Category Of Unethical Behavior For Accountants Is Inflating Revenue. ✅
B. Accountants Are Often Pressured To Help Commit Or Cover Up Unethical Behavior.
C. Hacking Is An Unethical Behavior That Accountants Should Be Concerned About.
D. An Accounting Information System Can Be Used To Cover Up Unethical Behavior.
Unethical Behavior Includes Many Different Categories Beyond Just Inflating Revenue,
Such As Hiding Expenses Or Misreporting Transactions. Hacking, While A Concern For
Accountants, Is More Associated With IT Security, Not Necessarily An Accountant's
Direct Action.
MULTIPLE CHOICE QUESTIONS
SO1
11. A Prescribed Sequence Of Work Steps Performed In Order To Produce A Desired
Result For The Organization Is Called A(N):
A. Accounting Information System
B. Business Process ✅
C. Financial Transaction
D. Capital Transaction Process
A Business Process Is A Set Of Prescribed Steps Or Activities Designed To Achieve A
Specific Organizational Outcome, Such As Processing A Customer Order Or Preparing
Financial Statements.
SO1
12. The Process That Must Identify The Transactions To Be Recorded, Capture All The
Important Details Of The Transactions, Properly Process The Transaction Details, And
Provide Reports Is Termed The:
A. Revenue Process
