TEST BANK FOR ACCOUNTING INFORMATION SYSTEMS,
4TH EDITION BY VERNON RICHARDSON,
VERIFIED CHAPTERS 1 - 17, COMPLETE A GUIDE
, Chapter 1: Accounting Information Systems and Firm Value
Chapter 2: Data Analytics: Addressing Accounting Questions with Data
Chapter 3: Data Analytics: Data Visualizations
Chapter 4: Process Modeling and Documentation Tools
Chapter 5: Data Modeling and Control Concepts
Chapter 6: Relational Databases and Enterprise Systems
Chapter 7: Sales and Collections Business Process
Chapter 8: Purchases and Payments Business Process
Chapter 9: Conversion Business Process
Chapter 10: Integrated Project
Chapter 11: Accounting Information Systems and Internal Controls
Chapter 12: Cybersecurity and Computer Fraud
Chapter 13: Monitoring and Auditing AIS
Chapter 14: eXtensible Business Reporting Language (XBRL)
Chapter 15: Emerging Technologies: Blockchain and AI Automation
Chapter 16: The Balanced Scorecard and Business Value of Information Technology
Chapter 17: Justifying and Planning IT Initiatives Using Project Management Techniques
, 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.
Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
Page B1
, 6) Information Bis Bdefined Bas Bbeing Bdata Borganized Bin Ba Bmeaningful Bway Bthat Bis Buseful Bto Bthe
Buser. BANSWER: B TRUE
Diff: B1
Topic: B Data Bversus BInformation
Learning BObjective: B 01-02 BDistinguish Bamong Bdata, Binformation, Band Ban Binformation
Bsystem. BBloom's: B Remember
AACSB: B Reflective BThinking
AICPA: B BB BIndustry; BFN BDecision BMaking
7) Data Bis Bdefined Bas Bbeing Binformation Borganized Bin Ba Bmeaningful Bway Bthat Bis Buseful Bto Bthe
Buser. BANSWER: B FALSE
Diff: B1
Topic: B Data Bversus BInformation
Learning BObjective: B 01-02 BDistinguish Bamong Bdata, Binformation, Band Ban Binformation
Bsystem. BBloom's: B Remember
AACSB: B Reflective BThinking
AICPA: B BB BIndustry; BFN BDecision BMaking
8) ABsystems Banalyst Banalyzes Ba Bbusiness Bproblem Bthat Bmight Bbe Baddressed Bby Ban Binformation
Bsystem Band Brecommends B software Bor Bsystems Bto Baddress Bthat Bproblem.
ANSWER: B TRUE
Diff: B1
Topic: B The BValue BChain Band BAccounting BInformation BSystems
Learning BObjective: B 01-04 BDescribe Bhow Bbusiness Bprocesses Baffect Bthe Bfirm's Bvalue
Bchain. BBloom's: B Remember
AACSB: B Reflective BThinking
AICPA: B BB BIndustry; BFN BDecision BMaking
9) ABvalue Bchain Bis Bdefined Bas Bthe Bflow Bof Bmaterials, Binformation, Bpayments, Band Bservices
Bfrom B customer Bto Bsupplier.
ANSWER: B FALSE
Diff: B1
Topic: B The BValue BChain Band BAccounting BInformation BSystems
Learning BObjective: B 01-04 BDescribe Bhow Bbusiness Bprocesses Baffect Bthe Bfirm's Bvalue
Bchain. BBloom's: B Remember
AACSB: B Reflective BThinking
AICPA: B BB BIndustry; BFN BDecision BMaking
10) Relevant Binformation Bis Bthat Binformation Bthat Bis Bfree Bfrom Bbias Band
Berror. BANSWER: B FALSE
Diff: B1
Topic: B Definition BofBAccounting BInformation BSystems; BAttributes Bof BUseful BInformation
Learning BObjective: B 01-01 BDefine Ban Baccounting Binformation Bsystem, Band Bexplain Bcharacteristics Bof Buseful
Binformation. BBloom's: B Remember
AACSB: B Reflective BThinking
AICPA: B BB BIndustry; BFN BDecision BMaking
Page B2
4TH EDITION BY VERNON RICHARDSON,
VERIFIED CHAPTERS 1 - 17, COMPLETE A GUIDE
, Chapter 1: Accounting Information Systems and Firm Value
Chapter 2: Data Analytics: Addressing Accounting Questions with Data
Chapter 3: Data Analytics: Data Visualizations
Chapter 4: Process Modeling and Documentation Tools
Chapter 5: Data Modeling and Control Concepts
Chapter 6: Relational Databases and Enterprise Systems
Chapter 7: Sales and Collections Business Process
Chapter 8: Purchases and Payments Business Process
Chapter 9: Conversion Business Process
Chapter 10: Integrated Project
Chapter 11: Accounting Information Systems and Internal Controls
Chapter 12: Cybersecurity and Computer Fraud
Chapter 13: Monitoring and Auditing AIS
Chapter 14: eXtensible Business Reporting Language (XBRL)
Chapter 15: Emerging Technologies: Blockchain and AI Automation
Chapter 16: The Balanced Scorecard and Business Value of Information Technology
Chapter 17: Justifying and Planning IT Initiatives Using Project Management Techniques
, 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.
Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
Page B1
, 6) Information Bis Bdefined Bas Bbeing Bdata Borganized Bin Ba Bmeaningful Bway Bthat Bis Buseful Bto Bthe
Buser. BANSWER: B TRUE
Diff: B1
Topic: B Data Bversus BInformation
Learning BObjective: B 01-02 BDistinguish Bamong Bdata, Binformation, Band Ban Binformation
Bsystem. BBloom's: B Remember
AACSB: B Reflective BThinking
AICPA: B BB BIndustry; BFN BDecision BMaking
7) Data Bis Bdefined Bas Bbeing Binformation Borganized Bin Ba Bmeaningful Bway Bthat Bis Buseful Bto Bthe
Buser. BANSWER: B FALSE
Diff: B1
Topic: B Data Bversus BInformation
Learning BObjective: B 01-02 BDistinguish Bamong Bdata, Binformation, Band Ban Binformation
Bsystem. BBloom's: B Remember
AACSB: B Reflective BThinking
AICPA: B BB BIndustry; BFN BDecision BMaking
8) ABsystems Banalyst Banalyzes Ba Bbusiness Bproblem Bthat Bmight Bbe Baddressed Bby Ban Binformation
Bsystem Band Brecommends B software Bor Bsystems Bto Baddress Bthat Bproblem.
ANSWER: B TRUE
Diff: B1
Topic: B The BValue BChain Band BAccounting BInformation BSystems
Learning BObjective: B 01-04 BDescribe Bhow Bbusiness Bprocesses Baffect Bthe Bfirm's Bvalue
Bchain. BBloom's: B Remember
AACSB: B Reflective BThinking
AICPA: B BB BIndustry; BFN BDecision BMaking
9) ABvalue Bchain Bis Bdefined Bas Bthe Bflow Bof Bmaterials, Binformation, Bpayments, Band Bservices
Bfrom B customer Bto Bsupplier.
ANSWER: B FALSE
Diff: B1
Topic: B The BValue BChain Band BAccounting BInformation BSystems
Learning BObjective: B 01-04 BDescribe Bhow Bbusiness Bprocesses Baffect Bthe Bfirm's Bvalue
Bchain. BBloom's: B Remember
AACSB: B Reflective BThinking
AICPA: B BB BIndustry; BFN BDecision BMaking
10) Relevant Binformation Bis Bthat Binformation Bthat Bis Bfree Bfrom Bbias Band
Berror. BANSWER: B FALSE
Diff: B1
Topic: B Definition BofBAccounting BInformation BSystems; BAttributes Bof BUseful BInformation
Learning BObjective: B 01-01 BDefine Ban Baccounting Binformation Bsystem, Band Bexplain Bcharacteristics Bof Buseful
Binformation. BBloom's: B Remember
AACSB: B Reflective BThinking
AICPA: B BB BIndustry; BFN BDecision BMaking
Page B2
