Accounting Information Systems – 15th Edition
TEST BANK
ST
UV
WITH
IA
ANSWERS
_A
PP
Marshall B. Romney
Paul J. Steinbart
RO
Comprehensive Test Bank with Answers
for Instructors and Students
VE
© Marshall B. Romney & Paul J. Steinbart
All rights reserved. Reproduction or distribution without permission is prohibited
D?
??
©STUDYSTREAM
, Accounting Information Systems, 15e (Romney)
Chapter 1 Conceptual Foundations of Accounting Information Systems
ST
1 Distinguish data from information, discuss the characteristics of useful information, and
explain how to determine the value of information.
1) Which of the following statements below shows the contrast between data and information?
A) Data is the primary output of an accounting information system.
UV
B) Information is the primary output of an accounting information system.
C) Data is more useful in decision making than information.
D) Data and information are the same.
Answer: B
Concept: The concept of information
IA
Objective: Learning Objective 1
Difficulty: Easy
AACSB: Analytical Thinking
_A
2) When a subsystem's goals are inconsistent with the goals of another subsystem or with the
system as a whole, it creates
A) system inconsistence.
B) system conflict.
C) goal inconsistence.
PP
D) goal conflict.
Answer: D
Concept: The concept of information
Objective: Learning Objective 1
Difficulty: Easy
RO
AACSB: Analytical Thinking
3) When a subsystem achieves its goals while contributing to the organization's overall goal, it is
called
A) system match.
B) system congruence.
VE
C) goal congruence.
D) goal match.
Answer: C
Concept: The concept of information
Objective: Learning Objective 1
D?
Difficulty: Easy
AACSB: Analytical Thinking
??
1
Copyright © 2021 Pearson Education, Inc.
, 4) Information is best described as
A) raw facts about transactions.
B) data that has been organized and processed so that it is meaningful to the user.
ST
C) facts that are useful when processed in a timely manner.
D) the same thing as data.
Answer: B
Concept: The concept of information
Objective: Learning Objective 1
UV
Difficulty: Easy
AACSB: Analytical Thinking
5) The value of information can best be determined by
A) its usefulness to decision makers.
IA
B) its relevance to decision makers.
C) the benefits associated with obtaining the information minus the cost of producing it.
D) the extent to which it optimizes the value chain.
Answer: C
_A
Concept: The concept of information
Objective: Learning Objective 1
Difficulty: Moderate
AACSB: Analytical Thinking
PP
6) An accounting information system (AIS) processes ________ to provide users with ________.
A) data; information
B) data; transactions
C) information; data
D) data; benefits
RO
Answer: A
Concept: The concept of information
Objective: Learning Objective 1
Difficulty: Easy
AACSB: Analytical Thinking
VE
7) ________ information reduces uncertainty, improves decision makers' ability to make
predictions, or confirms expectations.
A) Timely
B) Reliable
C) Relevant
D?
D) Complete
Answer: C
Concept: Information needs and business processes
Objective: Learning Objective 1
Difficulty: Easy
??
AACSB: Analytical Thinking
2
Copyright © 2021 Pearson Education, Inc.
, 8) Information that is free from error or bias and accurately represents the events or activities of
the organization is
A) relevant.
ST
B) accurate.
C) verifiable.
D) timely.
Answer: B
Concept: The concept of information
UV
Objective: Learning Objective 1
Difficulty: Easy
AACSB: Analytical Thinking
9) Information that does not omit important aspects of the underlying events or activities that it
IA
measures is
A) complete.
B) accessible.
C) relevant.
_A
D) timely.
Answer: A
Concept: The concept of information
Objective: Learning Objective 1
Difficulty: Easy
PP
AACSB: Analytical Thinking
10) Information is ________ when two knowledgeable people independently produce the same
information.
A) verifiable
RO
B) relevant
C) reliable
D) complete
Answer: A
Concept: The concept of information
Objective: Learning Objective 1
VE
Difficulty: Easy
AACSB: Analytical Thinking
D?
??
3
Copyright © 2021 Pearson Education, Inc.
TEST BANK
ST
UV
WITH
IA
ANSWERS
_A
PP
Marshall B. Romney
Paul J. Steinbart
RO
Comprehensive Test Bank with Answers
for Instructors and Students
VE
© Marshall B. Romney & Paul J. Steinbart
All rights reserved. Reproduction or distribution without permission is prohibited
D?
??
©STUDYSTREAM
, Accounting Information Systems, 15e (Romney)
Chapter 1 Conceptual Foundations of Accounting Information Systems
ST
1 Distinguish data from information, discuss the characteristics of useful information, and
explain how to determine the value of information.
1) Which of the following statements below shows the contrast between data and information?
A) Data is the primary output of an accounting information system.
UV
B) Information is the primary output of an accounting information system.
C) Data is more useful in decision making than information.
D) Data and information are the same.
Answer: B
Concept: The concept of information
IA
Objective: Learning Objective 1
Difficulty: Easy
AACSB: Analytical Thinking
_A
2) When a subsystem's goals are inconsistent with the goals of another subsystem or with the
system as a whole, it creates
A) system inconsistence.
B) system conflict.
C) goal inconsistence.
PP
D) goal conflict.
Answer: D
Concept: The concept of information
Objective: Learning Objective 1
Difficulty: Easy
RO
AACSB: Analytical Thinking
3) When a subsystem achieves its goals while contributing to the organization's overall goal, it is
called
A) system match.
B) system congruence.
VE
C) goal congruence.
D) goal match.
Answer: C
Concept: The concept of information
Objective: Learning Objective 1
D?
Difficulty: Easy
AACSB: Analytical Thinking
??
1
Copyright © 2021 Pearson Education, Inc.
, 4) Information is best described as
A) raw facts about transactions.
B) data that has been organized and processed so that it is meaningful to the user.
ST
C) facts that are useful when processed in a timely manner.
D) the same thing as data.
Answer: B
Concept: The concept of information
Objective: Learning Objective 1
UV
Difficulty: Easy
AACSB: Analytical Thinking
5) The value of information can best be determined by
A) its usefulness to decision makers.
IA
B) its relevance to decision makers.
C) the benefits associated with obtaining the information minus the cost of producing it.
D) the extent to which it optimizes the value chain.
Answer: C
_A
Concept: The concept of information
Objective: Learning Objective 1
Difficulty: Moderate
AACSB: Analytical Thinking
PP
6) An accounting information system (AIS) processes ________ to provide users with ________.
A) data; information
B) data; transactions
C) information; data
D) data; benefits
RO
Answer: A
Concept: The concept of information
Objective: Learning Objective 1
Difficulty: Easy
AACSB: Analytical Thinking
VE
7) ________ information reduces uncertainty, improves decision makers' ability to make
predictions, or confirms expectations.
A) Timely
B) Reliable
C) Relevant
D?
D) Complete
Answer: C
Concept: Information needs and business processes
Objective: Learning Objective 1
Difficulty: Easy
??
AACSB: Analytical Thinking
2
Copyright © 2021 Pearson Education, Inc.
, 8) Information that is free from error or bias and accurately represents the events or activities of
the organization is
A) relevant.
ST
B) accurate.
C) verifiable.
D) timely.
Answer: B
Concept: The concept of information
UV
Objective: Learning Objective 1
Difficulty: Easy
AACSB: Analytical Thinking
9) Information that does not omit important aspects of the underlying events or activities that it
IA
measures is
A) complete.
B) accessible.
C) relevant.
_A
D) timely.
Answer: A
Concept: The concept of information
Objective: Learning Objective 1
Difficulty: Easy
PP
AACSB: Analytical Thinking
10) Information is ________ when two knowledgeable people independently produce the same
information.
A) verifiable
RO
B) relevant
C) reliable
D) complete
Answer: A
Concept: The concept of information
Objective: Learning Objective 1
VE
Difficulty: Easy
AACSB: Analytical Thinking
D?
??
3
Copyright © 2021 Pearson Education, Inc.
