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TEST BANK For Accounting Information Systems,
3rd Edition by Vernon Richardson,
Verified Chapters 1 - 18, Complete
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, ACCOUNTING INFORMATION SYSTEMS (RICHARDSON) OS OS OS
TABLE OF CONTENTS OS OS OS
Ch. 1 Accounting Information Systems and Firm Value
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Ch. 2 Accountants as Business Analysts
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Ch. 3 Data Modeling
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Ch. 4 Relational Databases and Enterprise Systems
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Ch. 5 Sales and Collections Business Process
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Ch. 6 Purchases and Payments Business Process
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Ch. 7 Conversion Business Process
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Ch. 8 Integrated Project
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Ch. 9 Reporting Processes and eXtensible Business Reporting Language (XBRL)
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Ch. 10 Data Analytics in Accounting: Concepts and the AMPS Model
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Ch. 11 Data Analytics in Accounting: Tools and Practice
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Ch. 12 Emerging Technologies: Blockchain and AI Automation
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Ch. 13 Accounting Information Systems and Internal Controls
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Ch. 14 Information Security and Computer Fraud
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Ch. 15 Monitoring and Auditing AIS
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Ch. 16 The Balanced Scorecard, Business Model Canvas, and Business Value of Information Technology
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Ch. 17 Evaluating AIS Investments
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Ch. 18 Systems Development and Project Management for AIS
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Chapter 1 Accounting Information Systems and Firm Value OS O S OS OS OS OS OS
1) Accounting and Finance is a primary activity in the value chain.
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ANSWER: FALSE O S
Diff: 1 OS
Topic: The Value Chain and Accounting Information Systems
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Learning Objective: 01- OS O S
04 Describe how business processes affect the firm's value chain. Bloom's: Remember
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AACSB: Reflective Thinking O S OS
AICPA: BB Industry; FN Decision Making
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2) Accounting Information Systems at this date are all computerized.
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ANSWER: FALSE O S
Diff: 1 OS
Topic: Data versus Information
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Learning Objective: 01- OS O S
02 Distinguish among data, information, and an information system. Bloom's: Remember
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AACSB: Reflective Thinking O S OS
AICPA: BB Industry; FN Decision Making
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3) Business value includes all those items, events and interactions that determine the financial health a
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nd well-being of the firm.
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ANSWER: TRUE O S
Diff: 1 OS
Topic: The Value Chain and Accounting Information Systems
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Learning Objective: 01- OS O S
04 Describe how business processes affect the firm's value chain. Bloom's: Remember
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AACSB: Reflective Thinking O S OS
AICPA: BB Industry; FN Decision Making
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4) The Certified Information Technology Professional (CITP) is a professional designation for those
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with a broad range of technology knowledge and does not require a CPA.
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ANSWER: FALSE O S
Diff: 1 OS
Topic: Role of Accountants in Accounting Information Systems
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Learning Objective: 01- OS O S
03 Distinguish the roles of accountants in providing information, and explain certifications related t
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o accounting information systems. OS OS OS
Bloom's: Remember AACS O S O S
B: Reflective Thinking
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AICPA: BB Industry; FN Decision Making
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5) The Certified Information Systems Auditor (CISA) is a professional designation generally sought b
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y those performing IT audits.
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ANSWER: TRUE O S
Diff: 1 OS
Topic: Role of Accountants in Accounting Information Systems
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Learning Objective: 01- OS O S
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03 Distinguish the roles of accountants in providing information, and explain certifications related t
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o accounting information systems.
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Bloom's: Remember AACS
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B: Reflective Thinking
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AICPA: BB Industry; FN Decision Making
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