Accounting Information
ST
Systems – 9th Edition
UV
TEST BANK
IA
_A
PP
James A. Hall
RO
Comprehensive Test Bank for Instructors
VE
and Students
D?
© James A. Hall
??
All rights reserved. Reproduction or distribution without permission is prohibited.
©STUDYSTREAM
, TABLE OF CONTENTS
Accounting Information Systems – 9th Edition
ST
James A. Hall
UV
Part I: Overview of Accounting Information Systems
1. The Information System: An Accountant’s Perspective
2. Introduction to Transaction Processing
IA
3. Ethics, Fraud, and Internal Control
Part II: Transaction Cycles and Business Processes
4. The Revenue Cycle
_A
5. The Expenditure Cycle — Part I: Purchases and Cash Disbursements Procedures
6. The Expenditure Cycle — Part II: Payroll Processing and Fixed Asset Procedures
7. The Conversion Cycle
8. General Ledger, Financial Reporting, and Management Reporting Systems
PP
Part III: Advanced Technologies in Accounting Information Systems
9. Database Management Systems
10. The REA Approach to Business Process Modeling
RO
11. Enterprise Resource Planning Systems
12. Electronic Commerce Systems
Part IV: Systems Development Activities
13. The Systems Development Process: Part I — Introduction to the Systems
VE
Development Life Cycle
14. Systems Development Process: Part II — Construct, Deliver, and Maintain
Systems Projects
D?
Part V: Computer Controls & IT Auditing
15. Auditing IT Controls — Part I: Sarbanes-Oxley and IT Governance
16. Auditing IT Controls — Part II: Security and Access
17. Auditing IT Controls — Part III: Systems Development, Program Changes, and
??
Application Auditing
©STUDYSTREAM
, Test Bank for Accounting Information Systems 9e James A. Hall,
All Chapters
ST
Chapter 1—The Information System: An Accountant’s Perspective
TRUE/FALSE
UV
1. Information is a business resource.
ANS: T PTS: 1
2. IT outsourcing is location-independent computing.
IA
ANS: F PTS: 1
3. Transaction processing systems convert non-financial transactions into financial transactions.
_A
ANS: F PTS: 1
4. Information lacking reliability may still have value.
ANS: F PTS: 1
PP
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
RO
business.
ANS: T PTS: 1
7. Most of the inputs to the General Ledger System come from the Financial Reporting System.
VE
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
D?
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
11. The database administrator is responsible for the security and integrity of the database.
ANS: T PTS: 1
, Accounting Information Systems, 9e – Test Bank, Chapter 1
12. Custom software is completely finished, tested, and ready for implementation.
ST
ANS: F PTS: 1
13. The internal auditor represents the interests of third-party outsiders.
UV
ANS: F PTS: 1
14. Information Technology (IT) audits can be performed by both internal and external auditors.
ANS: T PTS: 1
IA
15. Custom software is the most affordable systems development option.
ANS: F PTS: 1
_A
16. A database is a collection of interconnected computers and communications devices that allows users to
communicate, access data and applications, and share information and resources.
ANS: F PTS: 1
17. Systems maintenance consumes the majority of a system’s total costs.
PP
ANS: T PTS: 1
18. Cloud computing is a practice in which the organization sells its IT resources to a third-party outsourcing
vendor then leases back IT services from the vendor for a contract period.
RO
ANS: F PTS: 1
19. A potential benefit of cloud computing is that the client firm does not need to know where its data are
bring processed.
ANS: F PTS: 1
VE
20. One of the greatest disadvantages of database systems is that all data is always available to all users.
ANS: F PTS: 1
D?
21. Under SOX legislation public accounting firms are no longer allowed to provide consulting services to
audit clients.
ANS: T PTS: 1
??
22. One member of a company’s audit committee must be an independent CPA.
ANS: F PTS: 1
ST
Systems – 9th Edition
UV
TEST BANK
IA
_A
PP
James A. Hall
RO
Comprehensive Test Bank for Instructors
VE
and Students
D?
© James A. Hall
??
All rights reserved. Reproduction or distribution without permission is prohibited.
©STUDYSTREAM
, TABLE OF CONTENTS
Accounting Information Systems – 9th Edition
ST
James A. Hall
UV
Part I: Overview of Accounting Information Systems
1. The Information System: An Accountant’s Perspective
2. Introduction to Transaction Processing
IA
3. Ethics, Fraud, and Internal Control
Part II: Transaction Cycles and Business Processes
4. The Revenue Cycle
_A
5. The Expenditure Cycle — Part I: Purchases and Cash Disbursements Procedures
6. The Expenditure Cycle — Part II: Payroll Processing and Fixed Asset Procedures
7. The Conversion Cycle
8. General Ledger, Financial Reporting, and Management Reporting Systems
PP
Part III: Advanced Technologies in Accounting Information Systems
9. Database Management Systems
10. The REA Approach to Business Process Modeling
RO
11. Enterprise Resource Planning Systems
12. Electronic Commerce Systems
Part IV: Systems Development Activities
13. The Systems Development Process: Part I — Introduction to the Systems
VE
Development Life Cycle
14. Systems Development Process: Part II — Construct, Deliver, and Maintain
Systems Projects
D?
Part V: Computer Controls & IT Auditing
15. Auditing IT Controls — Part I: Sarbanes-Oxley and IT Governance
16. Auditing IT Controls — Part II: Security and Access
17. Auditing IT Controls — Part III: Systems Development, Program Changes, and
??
Application Auditing
©STUDYSTREAM
, Test Bank for Accounting Information Systems 9e James A. Hall,
All Chapters
ST
Chapter 1—The Information System: An Accountant’s Perspective
TRUE/FALSE
UV
1. Information is a business resource.
ANS: T PTS: 1
2. IT outsourcing is location-independent computing.
IA
ANS: F PTS: 1
3. Transaction processing systems convert non-financial transactions into financial transactions.
_A
ANS: F PTS: 1
4. Information lacking reliability may still have value.
ANS: F PTS: 1
PP
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
RO
business.
ANS: T PTS: 1
7. Most of the inputs to the General Ledger System come from the Financial Reporting System.
VE
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
D?
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
11. The database administrator is responsible for the security and integrity of the database.
ANS: T PTS: 1
, Accounting Information Systems, 9e – Test Bank, Chapter 1
12. Custom software is completely finished, tested, and ready for implementation.
ST
ANS: F PTS: 1
13. The internal auditor represents the interests of third-party outsiders.
UV
ANS: F PTS: 1
14. Information Technology (IT) audits can be performed by both internal and external auditors.
ANS: T PTS: 1
IA
15. Custom software is the most affordable systems development option.
ANS: F PTS: 1
_A
16. A database is a collection of interconnected computers and communications devices that allows users to
communicate, access data and applications, and share information and resources.
ANS: F PTS: 1
17. Systems maintenance consumes the majority of a system’s total costs.
PP
ANS: T PTS: 1
18. Cloud computing is a practice in which the organization sells its IT resources to a third-party outsourcing
vendor then leases back IT services from the vendor for a contract period.
RO
ANS: F PTS: 1
19. A potential benefit of cloud computing is that the client firm does not need to know where its data are
bring processed.
ANS: F PTS: 1
VE
20. One of the greatest disadvantages of database systems is that all data is always available to all users.
ANS: F PTS: 1
D?
21. Under SOX legislation public accounting firms are no longer allowed to provide consulting services to
audit clients.
ANS: T PTS: 1
??
22. One member of a company’s audit committee must be an independent CPA.
ANS: F PTS: 1
