TEST BANK For Accounting Information Systems, 3rd Edition by Vernon Richardson, Verified Chapters 1 - 18, Complete >Download as Pdf File< UPDATED 2025

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, ACCOUNTINGj INFORMATIONj SYSTEMSj (RICHARDSON)




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, ACCOUNTINGj INFORMATIONj SYSTEMSj (RICHARDSON)




Chapter 1 Accounting Information Systems and Firm Value
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1) AccountingjandjFinancejisjajprimaryjactivityjinjthejvaluejchain.jA
NSWER:j FALSE
Diff:j1
Topic:j ThejValuejChainjandjAccountingjInformationjSystems
LearningjObjective:j 01-
04jDescribejhowjbusinessjprocessesjaffectjthejfirm'sjvaluejchain.jBloom's:j Remember
AACSB:j ReflectivejThinking
AICPA:j BBjIndustry;jFNjDecisionjMaking

2) AccountingjInformationjSystemsjatjthisjdatejarejalljcomputerized.jA
NSWER:j FALSE
Diff:j1
Topic:j DatajversusjInformation
LearningjObjective:j 01-
02jDistinguishjamongjdata,jinformation,jandjanjinformationjsystem.jBloom's:j Remember
AACSB:j ReflectivejThinking
AICPA:j BBjIndustry;jFNjDecisionjMaking

3) Businessjvaluejincludesjalljthosejitems,jeventsjandjinteractionsjthatjdeterminejthejfinancialjhealthjandj
well-beingjofjthejfirm.
ANSWER:j TRUE
Diff:j1
Topic:j ThejValuejChainjandjAccountingjInformationjSystems
LearningjObjective:j 01-
04jDescribejhowjbusinessjprocessesjaffectjthejfirm'sjvaluejchain.jBloom's:j Remember
AACSB:j ReflectivejThinking
AICPA:j BBjIndustry;jFNjDecisionjMaking

4) ThejCertifiedjInformationjTechnologyjProfessionalj(CITP)jisjajprofessionaljdesignationjforjthosejwit
hjajbroadjrangejofjtechnologyjknowledgejandjdoesjnotjrequirejajCPA.
ANSWER:j FALSE
Diff:j1
Topic:j RolejofjAccountantsjinjAccountingjInformationjSystems
LearningjObjective:j 01-
03jDistinguishjthejrolesjofjaccountantsjinjprovidingjinformation,jandjexplainjcertificationsjrelatedjtoja
ccountingjinformationjsystems.
Bloom's:j RememberjAACSB
:jReflectivejThinking
AICPA:j BBjIndustry;jFNjDecisionjMaking

5) ThejCertifiedjInformationjSystemsjAuditorj(CISA)jisjajprofessionaljdesignationjgenerallyjsoughtjbyjt
hosejperformingjITjaudits.
ANSWER:j TRUE
Diff:j1

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, ACCOUNTINGj INFORMATIONj SYSTEMSj (RICHARDSON)
Topic:j RolejofjAccountantsjinjAccountingjInformationjSystems
LearningjObjective:j 01-
03jDistinguishjthejrolesjofjaccountantsjinjprovidingjinformation,jandjexplainjcertificationsjrelatedjtoja
ccountingjinformationjsystems.
Bloom's:j RememberjAACSB
:jReflectivejThinking
AICPA:j BBjIndustry;jFNjDecisionjMaking

6) Informationjisjdefinedjasjbeingjdatajorganizedjinjajmeaningfuljwayjthatjisjusefuljtojthejuser.jANS
WER:j TRUE
Diff:j1
Topic:j DatajversusjInformation
LearningjObjective:j 01-
02jDistinguishjamongjdata,jinformation,jandjanjinformationjsystem.jBloom's:j Remember
AACSB:j ReflectivejThinking
AICPA:j BBjIndustry;jFNjDecisionjMaking

7) Datajisjdefinedjasjbeingjinformationjorganizedjinjajmeaningfuljwayjthatjisjusefuljtojthejuser.jANS
WER:j FALSE
Diff:j1
Topic:j DatajversusjInformation
LearningjObjective:j 01-
02jDistinguishjamongjdata,jinformation,jandjanjinformationjsystem.jBloom's:j Remember
AACSB:j ReflectivejThinking
AICPA:j BBjIndustry;jFNjDecisionjMaking

8) Ajsystemsjanalystjanalyzesjajbusinessjproblemjthatjmightjbejaddressedjbyjanjinformationjsystemjandjr
ecommendsjsoftwarejorjsystemsjtojaddressjthatjproblem.
ANSWER:j TRUE
Diff:j1
Topic:j ThejValuejChainjandjAccountingjInformationjSystems
LearningjObjective:j 01-
04jDescribejhowjbusinessjprocessesjaffectjthejfirm'sjvaluejchain.jBloom's:j Remember
AACSB:j ReflectivejThinking
AICPA:j BBjIndustry;jFNjDecisionjMaking

9) Ajvaluejchainjisjdefinedjasjthejflowjofjmaterials,jinformation,jpayments,jandjservicesjfromjcust
omerjtojsupplier.
ANSWER:j FALSE
Diff:j1
Topic:j ThejValuejChainjandjAccountingjInformationjSystems
LearningjObjective:j 01-
04jDescribejhowjbusinessjprocessesjaffectjthejfirm'sjvaluejchain.jBloom's:j Remember
AACSB:j ReflectivejThinking
AICPA:j BBjIndustry;jFNjDecisionjMaking

10) Relevantjinformationjisjthatjinformationjthatjisjfreejfromjbiasjandjerror.jAN
SWER:j FALSE
Diff:j1
Topic:j DefinitionjofjAccountingjInformationjSystems;jAttributesjofjUsefuljInformation
LearningjObjective:j 01-
01jDefinejanjaccountingjinformationjsystem,jandjexplainjcharacteristicsjofjusefuljinformation.jBloom's:j Remember
AACSB:j ReflectivejThinking
AICPA:j BBjIndustry;jFNjDecisionjMaking



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