Full Test Bank For
Accounting Information Systems 10th Edition
By James Hall |All Chapters 1-16| Verified Answers
,Table Of Contents
Part I: OVERVIEW OF ACCOUNTING INFORMATION SYSTEMS. .................................................. 3
Chapter 1—The Information System: An Accountant’s Perspective........................................... 3
Chapter 2—Introduction To Transaction Processing................................................................. 28
Chapter 3—Ethics, Fraud, And Internal Control ....................................................................... 67
Part II: TRANSACTION CYCLES AND BUSINESS PROCESSES. .................................................... 119
Chapter 4—The Revenue Cycle ............................................................................................... 119
Chapter 5—The Expenditure Cycle Part I: Purchases And Cash Disbursements Procedures . 152
Chapter 6—The Expenditure Cycle Part II: Payroll Processing And Fixed Asset Procedures .. 185
Chapter 7—The Conversion Cycle........................................................................................... 214
Chapter 8—Financial Reporting, And Management Reporting Systems ................................ 247
Part III: ADVANCED TECHNOLOGIES IN ACCOUNTING INFORMATION ....................................... 278
Chapter 9—Database Management Systems ......................................................................... 278
Chapter 10—The REA Approach To Business Process Modeling ............................................ 309
Chapter 11—Enterprise Resource Planning Systems .............................................................. 331
Chapter 12—Electronic Commerce Systems .......................................................................... 360
Part IV: SYSTEMS DEVELOPMENT ACTIVITIES. ........................................................................ 397
Chapter 13—Managing The Systems Development Life Cycle ............................................... 397
Chapter 14—IT Controls Part I: Sarbanes-Oxley And IT Governance ..................................... 425
Chapter 15—IT Controls Part II: Security And Access ............................................................. 464
Chapter 16—IT Controls Part III: Systems Development, Program Changes, And Application
Controls ................................................................................................................................... 494
,Part I: OVERVIEW OF ACCOUNTING INFORMATION SYSTEMS.
Chapter 1—The Information System: An Accountant’s Perspective
TRUE/FALSE
1. Information Is A Business Resource.
ANS: T PTS: 1
2. IT Outsourcing Is Location-Independent Computing.
ANS: F PTS: 1
3. Transaction Processing Systems Convert Non-Financial Transactions Into Financial
Transactions.
ANS: F PTS: 1
4. Information Lacking Reliability May Still Have Value.
ANS: F PTS: 1
5. A Balance Sheet Prepared In Conformity With GAAP Is An Example Of Discretionary
Reporting.
, ANS: F PTS: 1
6. The Management Reporting System Provides The Internal Financial Information Needed
To Manage A Business.
ANS: T PTS: 1
7. Most Of The Inputs To The General Ledger System Come From The Financial Reporting
System.
ANS: F PTS: 1
8. When Preparing Discretionary Reports, Organizations Can Choose What Information To
Report And How To Present It.
ANS: T PTS: 1
9. Retrieval Is The Task Of Permanently Removing Obsolete Or Redundant Records From
The Database.
ANS: F PTS: 1
10. Systems Development Represents 80 To 90 Percent Of The Total Cost Of A Computer
System.
ANS: F PTS: 1
Accounting Information Systems 10th Edition
By James Hall |All Chapters 1-16| Verified Answers
,Table Of Contents
Part I: OVERVIEW OF ACCOUNTING INFORMATION SYSTEMS. .................................................. 3
Chapter 1—The Information System: An Accountant’s Perspective........................................... 3
Chapter 2—Introduction To Transaction Processing................................................................. 28
Chapter 3—Ethics, Fraud, And Internal Control ....................................................................... 67
Part II: TRANSACTION CYCLES AND BUSINESS PROCESSES. .................................................... 119
Chapter 4—The Revenue Cycle ............................................................................................... 119
Chapter 5—The Expenditure Cycle Part I: Purchases And Cash Disbursements Procedures . 152
Chapter 6—The Expenditure Cycle Part II: Payroll Processing And Fixed Asset Procedures .. 185
Chapter 7—The Conversion Cycle........................................................................................... 214
Chapter 8—Financial Reporting, And Management Reporting Systems ................................ 247
Part III: ADVANCED TECHNOLOGIES IN ACCOUNTING INFORMATION ....................................... 278
Chapter 9—Database Management Systems ......................................................................... 278
Chapter 10—The REA Approach To Business Process Modeling ............................................ 309
Chapter 11—Enterprise Resource Planning Systems .............................................................. 331
Chapter 12—Electronic Commerce Systems .......................................................................... 360
Part IV: SYSTEMS DEVELOPMENT ACTIVITIES. ........................................................................ 397
Chapter 13—Managing The Systems Development Life Cycle ............................................... 397
Chapter 14—IT Controls Part I: Sarbanes-Oxley And IT Governance ..................................... 425
Chapter 15—IT Controls Part II: Security And Access ............................................................. 464
Chapter 16—IT Controls Part III: Systems Development, Program Changes, And Application
Controls ................................................................................................................................... 494
,Part I: OVERVIEW OF ACCOUNTING INFORMATION SYSTEMS.
Chapter 1—The Information System: An Accountant’s Perspective
TRUE/FALSE
1. Information Is A Business Resource.
ANS: T PTS: 1
2. IT Outsourcing Is Location-Independent Computing.
ANS: F PTS: 1
3. Transaction Processing Systems Convert Non-Financial Transactions Into Financial
Transactions.
ANS: F PTS: 1
4. Information Lacking Reliability May Still Have Value.
ANS: F PTS: 1
5. A Balance Sheet Prepared In Conformity With GAAP Is An Example Of Discretionary
Reporting.
, ANS: F PTS: 1
6. The Management Reporting System Provides The Internal Financial Information Needed
To Manage A Business.
ANS: T PTS: 1
7. Most Of The Inputs To The General Ledger System Come From The Financial Reporting
System.
ANS: F PTS: 1
8. When Preparing Discretionary Reports, Organizations Can Choose What Information To
Report And How To Present It.
ANS: T PTS: 1
9. Retrieval Is The Task Of Permanently Removing Obsolete Or Redundant Records From
The Database.
ANS: F PTS: 1
10. Systems Development Represents 80 To 90 Percent Of The Total Cost Of A Computer
System.
ANS: F PTS: 1
