ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)
TEST BANK For Accounting Information Systems,
3rd Edition by Vernon Richardson,
Verified Chapters 1 - 18, Complete
Page 1
, ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)
TABLE OF CONTENTS
Ch. 1 Accounting Information Systems and Firm Value
Ch. 2 Accountants as Business Analysts
Ch. 3 Data Modeling
Ch. 4 Relational Databases and Enterprise Systems
Ch. 5 Sales and Collections Business Process
Ch. 6 Purchases and Payments Business Process
Ch. 7 Conversion Business Process
Ch. 8 Integrated Project
Ch. 9 Reporting Processes and eXtensible Business Reporting Language (XBRL)
Ch. 10 Data Analytics in Accounting: Concepts and the AMPS Model
Ch. 11 Data Analytics in Accounting: Tools and Practice
Ch. 12 Emerging Technologies: Blockchain and AI Automation
Ch. 13 Accounting Information Systems and Internal Controls
Ch. 14 Information Security and Computer Fraud
Ch. 15 Monitoring and Auditing AIS
Ch. 16 The Balanced Scorecard, Business Model Canvas, and Business Value of Information Technology
Ch. 17 Evaluating AIS Investments
Ch. 18 Systems Development and Project Management for AIS
Page 2
, ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)
Chapter 1 Accounting Information Systems and Firm Value
1) Accounting and Finance is a primary activity in the value chain.
ANSWER: FALSE
Diff: 1
Topic: The Value Chain and Accounting Information Systems
Learning Objective: 01-04 Describe how business processes affect the firm's value chain.
Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
2) Accounting Information Systems at this date are all computerized.
ANSWER: FALSE
Diff: 1
Topic: Data versus Information
Learning Objective: 01-02 Distinguish among data, information, and an information system.
Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
3) Business value includes all those items, events and interactions that determine the financial health
and well-being of the firm.
ANSWER: TRUE
Diff: 1
Topic: The Value Chain and Accounting Information Systems
Learning Objective: 01-04 Describe how business processes affect the firm's value chain.
Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
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.
ANSWER: FALSE
Diff: 1
Topic: Role of Accountants in Accounting Information Systems
Learning Objective: 01-03 Distinguish the roles of accountants in providing information, and explain certifications
related to accounting information systems.
Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
5) The Certified Information Systems Auditor (CISA) is a professional designation generally sought
by those performing IT audits.
ANSWER: TRUE
Diff: 1
Topic: Role of Accountants in Accounting Information Systems
Learning Objective: 01-03 Distinguish the roles of accountants in providing information, and explain certifications
related to accounting information systems.
Page 3
, ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)
Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
6) Information iis idefined ias ibeing idata iorganized iin ia imeaningful iway ithat iis iuseful ito ithe
iuser. iANSWER: i TRUE
Diff: i1
Topic: i Data iversus iInformation
Learning iObjective: i 01-02 iDistinguish iamong idata, iinformation, iand ian iinformation
isystem. iBloom's: i Remember
AACSB: i Reflective iThinking
AICPA: i BB iIndustry; iFN iDecision iMaking
7) Data iis idefined ias ibeing iinformation iorganized iin ia imeaningful iway ithat iis iuseful ito ithe
iuser. iANSWER: i FALSE
Diff: i1
Topic: i Data iversus iInformation
Learning iObjective: i 01-02 iDistinguish iamong idata, iinformation, iand ian iinformation
isystem. iBloom's: i Remember
AACSB: i Reflective iThinking
AICPA: i BB iIndustry; iFN iDecision iMaking
8) A isystems ianalyst ianalyzes ia ibusiness iproblem ithat imight ibe iaddressed iby ian iinformation
isystem iand irecommends isoftware ior isystems ito iaddress ithat iproblem.
ANSWER: i TRUE
Diff: i1
Topic: i The iValue iChain iand iAccounting iInformation iSystems
Learning iObjective: i 01-04 iDescribe ihow ibusiness iprocesses iaffect ithe ifirm's ivalue
ichain. iBloom's: i Remember
AACSB: i Reflective iThinking
AICPA: i BB iIndustry; iFN iDecision iMaking
9) A ivalue ichain iis idefined ias ithe iflow iof imaterials, iinformation, ipayments, iand iservices
ifrom icustomer ito isupplier.
ANSWER: i FALSE
Diff: i1
Topic: i The iValue iChain iand iAccounting iInformation iSystems
Learning iObjective: i 01-04 iDescribe ihow ibusiness iprocesses iaffect ithe ifirm's ivalue
ichain. iBloom's: i Remember
AACSB: i Reflective iThinking
AICPA: i BB iIndustry; iFN iDecision iMaking
10) Relevant iinformation iis ithat iinformation ithat iis ifree ifrom ibias iand
ierror. iANSWER: i FALSE
Diff: i1
Topic: i Definition iof iAccounting iInformation iSystems; iAttributes iof iUseful iInformation
Learning iObjective: i 01-01 iDefine ian iaccounting iinformation isystem, iand iexplain icharacteristics iof iuseful
iinformation. iBloom's: i Remember
AACSB: i Reflective iThinking
AICPA: i BB iIndustry; iFN iDecision iMaking
Page 4
TEST BANK For Accounting Information Systems,
3rd Edition by Vernon Richardson,
Verified Chapters 1 - 18, Complete
Page 1
, ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)
TABLE OF CONTENTS
Ch. 1 Accounting Information Systems and Firm Value
Ch. 2 Accountants as Business Analysts
Ch. 3 Data Modeling
Ch. 4 Relational Databases and Enterprise Systems
Ch. 5 Sales and Collections Business Process
Ch. 6 Purchases and Payments Business Process
Ch. 7 Conversion Business Process
Ch. 8 Integrated Project
Ch. 9 Reporting Processes and eXtensible Business Reporting Language (XBRL)
Ch. 10 Data Analytics in Accounting: Concepts and the AMPS Model
Ch. 11 Data Analytics in Accounting: Tools and Practice
Ch. 12 Emerging Technologies: Blockchain and AI Automation
Ch. 13 Accounting Information Systems and Internal Controls
Ch. 14 Information Security and Computer Fraud
Ch. 15 Monitoring and Auditing AIS
Ch. 16 The Balanced Scorecard, Business Model Canvas, and Business Value of Information Technology
Ch. 17 Evaluating AIS Investments
Ch. 18 Systems Development and Project Management for AIS
Page 2
, ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)
Chapter 1 Accounting Information Systems and Firm Value
1) Accounting and Finance is a primary activity in the value chain.
ANSWER: FALSE
Diff: 1
Topic: The Value Chain and Accounting Information Systems
Learning Objective: 01-04 Describe how business processes affect the firm's value chain.
Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
2) Accounting Information Systems at this date are all computerized.
ANSWER: FALSE
Diff: 1
Topic: Data versus Information
Learning Objective: 01-02 Distinguish among data, information, and an information system.
Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
3) Business value includes all those items, events and interactions that determine the financial health
and well-being of the firm.
ANSWER: TRUE
Diff: 1
Topic: The Value Chain and Accounting Information Systems
Learning Objective: 01-04 Describe how business processes affect the firm's value chain.
Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
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.
ANSWER: FALSE
Diff: 1
Topic: Role of Accountants in Accounting Information Systems
Learning Objective: 01-03 Distinguish the roles of accountants in providing information, and explain certifications
related to accounting information systems.
Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
5) The Certified Information Systems Auditor (CISA) is a professional designation generally sought
by those performing IT audits.
ANSWER: TRUE
Diff: 1
Topic: Role of Accountants in Accounting Information Systems
Learning Objective: 01-03 Distinguish the roles of accountants in providing information, and explain certifications
related to accounting information systems.
Page 3
, ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)
Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
6) Information iis idefined ias ibeing idata iorganized iin ia imeaningful iway ithat iis iuseful ito ithe
iuser. iANSWER: i TRUE
Diff: i1
Topic: i Data iversus iInformation
Learning iObjective: i 01-02 iDistinguish iamong idata, iinformation, iand ian iinformation
isystem. iBloom's: i Remember
AACSB: i Reflective iThinking
AICPA: i BB iIndustry; iFN iDecision iMaking
7) Data iis idefined ias ibeing iinformation iorganized iin ia imeaningful iway ithat iis iuseful ito ithe
iuser. iANSWER: i FALSE
Diff: i1
Topic: i Data iversus iInformation
Learning iObjective: i 01-02 iDistinguish iamong idata, iinformation, iand ian iinformation
isystem. iBloom's: i Remember
AACSB: i Reflective iThinking
AICPA: i BB iIndustry; iFN iDecision iMaking
8) A isystems ianalyst ianalyzes ia ibusiness iproblem ithat imight ibe iaddressed iby ian iinformation
isystem iand irecommends isoftware ior isystems ito iaddress ithat iproblem.
ANSWER: i TRUE
Diff: i1
Topic: i The iValue iChain iand iAccounting iInformation iSystems
Learning iObjective: i 01-04 iDescribe ihow ibusiness iprocesses iaffect ithe ifirm's ivalue
ichain. iBloom's: i Remember
AACSB: i Reflective iThinking
AICPA: i BB iIndustry; iFN iDecision iMaking
9) A ivalue ichain iis idefined ias ithe iflow iof imaterials, iinformation, ipayments, iand iservices
ifrom icustomer ito isupplier.
ANSWER: i FALSE
Diff: i1
Topic: i The iValue iChain iand iAccounting iInformation iSystems
Learning iObjective: i 01-04 iDescribe ihow ibusiness iprocesses iaffect ithe ifirm's ivalue
ichain. iBloom's: i Remember
AACSB: i Reflective iThinking
AICPA: i BB iIndustry; iFN iDecision iMaking
10) Relevant iinformation iis ithat iinformation ithat iis ifree ifrom ibias iand
ierror. iANSWER: i FALSE
Diff: i1
Topic: i Definition iof iAccounting iInformation iSystems; iAttributes iof iUseful iInformation
Learning iObjective: i 01-01 iDefine ian iaccounting iinformation isystem, iand iexplain icharacteristics iof iuseful
iinformation. iBloom's: i Remember
AACSB: i Reflective iThinking
AICPA: i BB iIndustry; iFN iDecision iMaking
Page 4
