Test Bank for Accounting Information
Systems, 3rd Edition, Vernon Richardson,
Chengyee Chang Rod Smith
Version 1 1
,TRUE/FALSE - Write 'T' if the statement is true and 'F' if the statement is false.
1) Accounting and Finance is a primary activity in the value chain.
⊚ true
⊚ false
2) As of today, Accounting Information Systems are all computerized.
⊚ true
⊚ false
3) Business value includes all those items, events and interactions that determine the
financial health and well-being of the firm.
⊚ true
⊚ false
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.
⊚ true
⊚ false
5) The Certified Information Systems Auditor (CISA) is a professional designation
generally sought by those performing IT audits.
⊚ true
⊚ false
6) Information is defined as being data organized in a meaningful way that is useful to the
user.
⊚ true
⊚ false
Version 1 2
, 7) Data is defined as being information organized in a meaningful way that is useful to the
user.
⊚ true
⊚ false
8) A systems analyst analyzes a business problem that might be addressed by an information
system and recommends software or systems to address that problem.
⊚ true
⊚ false
9) A value chain is defined as the cost of performing various activities inside a firm.
⊚ true
⊚ false
10) Relevant information’s most defining characteristic is that it is free from bias and error.
⊚ true
⊚ false
11) The characteristics of relevant information include predictive value, feedback value and
timeliness.
⊚ true
⊚ false
12) A faithful representation of the underlying event should reflect the bias of the system
analyst.
⊚ true
⊚ false
13) Information overload is defined as the difficulty a person faces in understanding a
problem and making a decision as a consequence of too much information.
Version 1 3
Systems, 3rd Edition, Vernon Richardson,
Chengyee Chang Rod Smith
Version 1 1
,TRUE/FALSE - Write 'T' if the statement is true and 'F' if the statement is false.
1) Accounting and Finance is a primary activity in the value chain.
⊚ true
⊚ false
2) As of today, Accounting Information Systems are all computerized.
⊚ true
⊚ false
3) Business value includes all those items, events and interactions that determine the
financial health and well-being of the firm.
⊚ true
⊚ false
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.
⊚ true
⊚ false
5) The Certified Information Systems Auditor (CISA) is a professional designation
generally sought by those performing IT audits.
⊚ true
⊚ false
6) Information is defined as being data organized in a meaningful way that is useful to the
user.
⊚ true
⊚ false
Version 1 2
, 7) Data is defined as being information organized in a meaningful way that is useful to the
user.
⊚ true
⊚ false
8) A systems analyst analyzes a business problem that might be addressed by an information
system and recommends software or systems to address that problem.
⊚ true
⊚ false
9) A value chain is defined as the cost of performing various activities inside a firm.
⊚ true
⊚ false
10) Relevant information’s most defining characteristic is that it is free from bias and error.
⊚ true
⊚ false
11) The characteristics of relevant information include predictive value, feedback value and
timeliness.
⊚ true
⊚ false
12) A faithful representation of the underlying event should reflect the bias of the system
analyst.
⊚ true
⊚ false
13) Information overload is defined as the difficulty a person faces in understanding a
problem and making a decision as a consequence of too much information.
Version 1 3
