Test Bank for Accounting Information Systems 4th Edition by Vernon Richardson | Chapter 1-14 with Answers

TEST BANK FOR
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Accounting Information Systems, 4th Edition byVernon Richardson
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Answers Included
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Chap 01 4e Richardson
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1) AccountinglandlFinancelislalprimarylactivitylinlthelvaluelchain.
⊚l true
⊚l false



2) Aslofltoday,lAccountinglInformationlSystemslarelalllcomputerized.
⊚l true
⊚l false



3) Businesslvaluelincludeslalllthoselitems,leventslandlinteractionslthatldeterminelthelfinanciallheal
thlandlwell-beingloflthelfirm.
⊚l true
⊚l false



4) ThelCertifiedlInformationlTechnologylProfessionall(CITP)lislalprofessionalldesignationlforltho
selwithlalbroadlrangelofltechnologylknowledgelandldoeslnotlrequirelalCPA.
⊚l true
⊚l false



5) ThelCertifiedlInformationlSystemslAuditorl(CISA)lislalprofessionalldesignationlgenerallylsou
ghtlbylthoselperforminglITlaudits.
⊚l true
⊚l false



6) Informationlisldefinedlaslbeingldatalorganizedlinlalmeaningfullwaylthatlislusefulltoltheluser.
⊚l true
⊚l false



7) Datalisldefinedlaslbeinglinformationlorganizedlinlalmeaningfullwaylthatlislusefulltoltheluser.
⊚l true
⊚l false

,8) AnlAISlmaylcreatelvaluelbylgivinglaccessltolmanagementlinformationlrelevantltoltheldeci
sionlmakers.
⊚l true
⊚l false



9) AnlAISlmaylcreatelvaluelbylprovidinglanlinternallcontrollstructurelneededltolmakelsurelthelinfor
mationlislsecure,lreliable,landlfreelfromlerror.
⊚l true
⊚l false



10) Relevantlinformation’slmostldefininglcharacteristiclislthatlitlislfreelfromlbiaslandlerror.
⊚l true
⊚l false



11) Thelcharacteristicsloflrelevantlinformationlincludelpredictivelvalue,lfeedbacklvaluelandltim
eliness.
⊚l true
⊚l false



12) Alfaithfullrepresentationloflthelunderlyingleventlshouldlreflectlthelbiasloflthelsystemlanalyst.
⊚l true
⊚l false



13) Informationloverloadlisldefinedlasltheldifficultylalpersonlfaceslinlunderstandinglalproblemlandl
makinglaldecisionlaslalconsequencelofltoolmuchlinformation.
⊚l true
⊚l false



14) ThelmainlfinanciallbenefitloflCustomerlRelationshiplManagementlpracticeslreduceslthelcostloflg
oodslsold.
⊚l true
⊚l false

,15) AnlefficientlEnterpriselSystemlcanlsignificantlyllowerlthelcostloflsupportlprocesseslincludedlinls
ales,lgeneral,landladministrativelexpenses.
⊚l true
⊚l false



16) Anlaccountinglinformationlsysteml(AIS)lisldefinedlaslbeinglanlinformationlsystemlthatlrec
ords,lprocesseslandlreportslonltransactionsltolprovidelfinanciallandlnonfinanciallinformati
onlforldecisionlmakinglandlcontrol.
⊚l true
⊚l false



17) Anlenterpriselsystemlislalcentralizedldatabaselthatlcollectsldatalfromlthroughoutlthelfirm.lThis
l includesldatalfromlorders,lcustomers,lsales,linventorylandlemployees.
⊚l true
⊚l false



18) Outboundllogisticslarelthelactivitieslassociatedlwithlreceivinglandlstoringlrawlmaterialslaslwel
llaslactivitieslthatltransformltheselinputslintolfinishedlgoods.
⊚l true
⊚l false



19) ServicelActivitieslasldefinedlinlthelvaluelchainlarelthoselactivitieslthatlprovidelthelsupportloflcust
omerslafterlthelproductslandlserviceslarelsoldltoltheml(e.g.lwarrantylrepairs,lparts,linstructionlma
nuals,letc.).
⊚l true
⊚l false



20) Alwell-designedlandlwell-
functioninglAISlcanlbelexpectedltolcreatelvaluelbylprovidinglrelevantlinformationlhelpfullt
olmanagementltolincreaselrevenueslandlreducelexpenses.
⊚l true
⊚l false

, 21) Productionloflal1040ltaxlformlfromlthelAISltolbeldeliveredltolthelInternallRevenuelServicelislanl
examplelofldiscretionarylinformation.
⊚l true
⊚l false



22) EnterpriselSystemsldolnotlexistltolfacilitateldecisionlmaking.
⊚l true
⊚l false



23) ThelSarbanes-
OxleylActlofl2002lislalfederalllawlinlthelUnitedlStateslthatlsetlnewlandlenhancedlstandardslforla
lllU.S.lpubliclcompanies,ltheirlmanagementlandlpubliclaccountinglfirms.
⊚l true
⊚l false



24) CRMlsoftwareloftenlincludesltheluselofldatabaselmarketingltoolsltollearnlmorelaboutlthelcust
omerslandltoldeveloplstronglfirm-to-customerlrelationships.
⊚l true
⊚l false



25) ThelCertifiedlInformationlTechnologylProfessionallislthelpositionlcreatedlbylthelAICPAltolreco
gnizelCPAslwholhavelthelabilityltolprovidelskilledlprofessionallserviceslonlInformationlTechnol
ogy.
⊚l true
⊚l false



26) AccountinglInformationlSystemslwhichlarelcomputerizedldolnotlneedltolmaintainlinternallcon
trols.
⊚l true
⊚l false