SolutionsManualForAccountingInformationSystems4eVernonRichardson, ChengyeeChang,RodSmithAllChapters

Solutions Manual For Accounting Information Systems 4e Vernon Richardson,
Chengyee Chang, Rod Smith All Chapters
Chapter 1: Accounting Information Systems and Firm Value
A A A A A A A




MultipleAChoiceAQuestions

(LOA1-1)AAccountingAinformationAsystems

areAalwaysAcomputerized.
reportAonlyAfinanciallyArelatedAinformation.
areAinformationAsystemsAthatArecord,Aprocess,AandAreportAonAtransactionsAtoAprovideAfinanci
alAandAnonfinancialAinformationAforAdecisionAmakingAandAcontrol.
requireAaACITPAdesignationAtoAunderstand.

Answer:AC

(LOA1-1)AWhichAofAtheAfollowingAisAaAcharacteristicAofArelevance?

Materiality
Timeliness
Verifiable
CostAtoAgenerate

Answer:AA

(LOA1-
2)AWhichAofAtheAfollowingAisAconsideredAtoAbeAmandatoryAinformationArequiredAbyAaAregulatoryAbody?

10-QAsubmissionAtoAtheASecuritiesAandAExchangeACommission
TheAcostAtoAproduceAaASamsungAGalaxy
TheAnumberAofAorganicAbananasAthatAareAsoldAatAWholeAFoodsAonAJulyA28
TheAcostAtoAbuildAanAall-newAStarbucksArestaurantAinAShenzhen,AChina

Answer:AA

(LOA1-4)ATheAcorrectAorderAofAeventsAinAtheAvalueAchainAis

InboundAlogisticsA➛AOperationsA➛AService.
InboundAlogisticsA➛AOutboundAlogisticsA➛AMarketingAandAsales.
InboundAlogisticsA➛AOperationsA➛AOutboundAlogistics.
InboundAlogisticsA➛AOperationsA➛AMarketingAandASales.

Answer:AC

(LOA1-

8)AWhichAsystemAcontributesAinformationAonAdirectAlaborAtoAaAcostAaccountingAsystem?

Aa.ASupplyAchainAmanagementAsystemA(SCMS)

, EndAofAChapterASolutionsAManual:ARichardson,AChang,ASmith,AAccountingAInformationASystems,A4thAedition


FinancialAreportingAsystemA(FRS)
CustomerARelationalAManagementASystemA(CRM)
HumanAresourceAmanagementAsystemA(HRMS)

Answer:AD

(LOA1-7)AAAsupplyAchain

suppliesAjewelryAchains.
refersAtoAtheAflowAofAmaterials,Ainformation,Apayments,AandAservices.
isAsimilarAinAfunctionAandApurposeAtoAtheAvalueAchain.
doesAnotAapplyAtoAaAserviceAfirmAlikeAanAaccountingAfirm.

Answer:AB

(LOA1-7)ACustomerArelationshipAmanagementAsoftwareAdoesAnotAincludeAinformationAabout

currentAcustomers.
prospectiveAcustomers.
formerAcustomers.
currentAemployees.

Answer:AD

(LOA1-
6)AAnAinformationAsystemAthatAmeasuresAandArecordsAaccountingAtransactionsAandAreportsAthemAi
nAtheAfinancialAstatementsAisAcalledAa

financialAreportingAsystemA(FRS).
enterpriseAsystemA(ES).
manufacturingAsystemA(MS).
costAaccountingAsystem.

Answer:AA

(LOA1-
3)AWhatAisAtheAnameAofAtheApositionAforAaApersonAresponsibleAforAdeterminingAInformationAneedsA
ofAaAbusinessAandAdesigningAaAsystemAtoAmeetAthoseAneeds?

ChiefAinformationAofficer
Controller
ITAauditor
SystemsAanalyst

Answer:AD

, EndAofAChapterASolutionsAManual:ARichardson,AChang,ASmith,AAccountingAInformationASystems,A4thAedition


(LOA1-
9)ATheAbalanceAsheetAaccountAmostAlikelyAaffectedAbyAanAAISAinvestmentAinAsupplyAchainAmanag
ementAsoftwareAwouldAbe

inventories.
fixedAassets.
cashAandAcashAequivalents.
unearnedArevenue.

Answer:AA

(LOA1-7)ATheAsoftware/systemAthatAhelpsAmakeAsureAtheAretailAfirmAdoesn’tAhaveAaAstockoutAis

supplyAchainAmanagementAsoftware.
customerArelationshipAmanagementAsoftware.
enterpriseAsystems.
humanAresourceAsystems.

Answer:AA

(LOA1-
9)ADataAanalyticsAperformedAtoAidentifyAtheAmostAprofitableAcustomersAwouldAbeAmostAlikelyAtoAaffectA
whichAincomeAstatementAaccount?

Selling,Ageneral,AandAadministrativeAexpensesA(SG&A)
InterestAexpense
Revenues
CostAofAgoodsAsold

Answer:AC

(LOA1-7,ALOA1-9)ACustomerArelationshipAmanagementAsystemsAwouldAgenerallyAbeAconsideredAtoAbe
an

internalAbusinessAprocess.
externalAbusinessAprocess.
interiorAbusinessAprocess.
exteriorAbusinessAprocess.

Answer:AB

(LOA1-
3)AAnAauditorAtestingAinternalAcontrolsAwouldAgenerallyAbeAconsideredAtoAfillAwhichAroleAwithArespect
AtoAaccountingAinformationAsystems?




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