TEST BANK m
Accounting Information Systems
m m
by Marshall Romney, Paul Steinbart
m m m m
15th Edition
m
FULL TEST BANK!!!
m m
, Chapter 1 Accounting Information Systems: An Overview
m m m m m m
1.1 Distinguishmdatamfromminformation,mdiscussmthemcharacteristicsmofmusefulminformation,ma
ndmexplainmhowmtomdeterminemthemvaluemofminformation.
1) Whichmofmthemfollowingmstatementsmbelowmshowsmthemcontrastmbetweenmdatama
ndminformation?
A) DatamismthemoutputmofmanmAIS.
B) InformationmismthemprimarymoutputmofmanmAIS.
C) Datamismmoremusefulminmdecisionmmakingmthanminformation.
D) Datamandminformationmaremthemsame.
Answer:m B
2) Informationmismbestmdescribedmas
A) rawmfactsmaboutmtransactions.
B) datamthatmhasmbeenmorganizedmandmprocessedmsomthatmitmismmeaningfulmtomthemuser.
C) factsmthatmaremusefulmwhenmprocessedminmamtimelymmanner.
D) themsamemthingmasmdata.
Answer:m B
3) Themvaluemofminformationmcanmbestmbemdeterminedmby
A) itsmusefulnessmtomdecisionmmakers.
B) itsmrelevancemtomdecisionmmakers.
C) thembenefitsmassociatedmwithmobtainingmtheminformationmminusmthemcostmofmproducingmit.
D) themextentmtomwhichmitmoptimizesmthemvaluemchain.
Answer:m C
4) Anmaccountingminformationmsystemm(AIS)mprocesses tomprovidemusersmwith
.
A) data;minformation
B) data;mtransactions
C) information;mdata
D) data;mbenefit
smAnswer:m A
5) informationmreducesmuncertainty,mimprovesmdecisionmmakers'mabilitymtomma
kempredictions,mormconfirmsmexpectations.
A) Timely
1
,B) Reliable
C) Relevant
D) Complete
Answer:m C
m
6) Informationmthatmismfreemfrommerrormormbiasmandmaccuratelymrepresentsmthemeventsmormactivi
tiesmofmthemorganizationmis
A) relevant.
B) reliablem/mFaithfulmRepresentation.
C) verifiable.
D) timely.
Answer:m B
7) Informationmthatmdoesmnotmomitmimportantmaspectsmofmthemunderlyingmeventsmormactivi
tiesmthatmitmmeasuresmis
A) complete.
B) accessible.
C) relevant.
D) timely.
Answer:m A
8) Informationmis
whenmtwomknowledgeablempeoplemindependentlymproducemthemsameminformation.
A) verifiable
B) relevant
C) reliable
D) complete
Answer:m A
m
9) Datammustmbemconvertedmintominformationmtombemconsideredmusefulmandmmeaningfulmfor
mdecisionmmaking.mTheremaremsixmcharacteristicsmthatmmakeminformationmbothmusefulmandm
meaningful.mIfminformationmismfreemfrommerrormormbiasmandmaccuratelymrepresentsmthemevent
smormactivitiesmofmthemorganization,mitmismrepresentativemofmthemcharacteristicmof
A) relevancy.
B) timeliness.
C) understandability.
D) reliability.
2
, Answer:m D
10) Inventoryminformationmismprovidedminmrealmtimembymamfirm'smaccountingminformationmsyst
em.mThemaccuracymofmthisminformationmismquestionable,mhowever,msincemthemproductionmma
nagermoftenmreportsmstockmoutsmofmcomponentsmthatmthemsystemmindicatesmareminmstock.mW
hichmofmthemfollowingmcharacteristicsmofmusefulminformationmismabsentminmthemsituationmdesc
ribedmabove?
A) relevant
B) reliable
C) complete
D) timely
E) understandable
F) verifiable
G) accessible
Answer:m B
m
11) CherylmMetrejeanmhasmbeenmthemcontrollermofmDowntownmTiresmform25myears.mOwnershi
pmofmthemfirmmrecentlymchangedmhandsmandmthemnewmownersmaremconductingmanmauditmofmthe
mfinancialmrecords.mThemauditmhasmbeenmunablemtomreproducemfinancialmreportsmthatmwerempre
paredmbymMs.mMetrejean.mWhilemtheremismnomevidencemofmwrongdoing,mthemauditorsmaremcon
cernedmthatmthemdiscrepanciesmmightmcontributemtompoormdecisions.mWhichmofmthemfollowing
mcharacteristicsmofmusefulminformationmismabsentminmthemsituationmdescribedmabove?
A) relevant
B) reliable
C) complete
D) timely
E) understandable
F) verifiable
G) accessible
Answer:m F
m
12) Inm2003,mSinghmManufacturingmimplementedmamWeb-
basedminformationmsystemmthatmallowsmallmemployeesmtomaccessmmission-
criticalminformation.mThemintentionmwasmtomincreasemproductionmefficiency.mUnfortunately,mitm
hadmthemoppositemeffect,masmdeliveriesmfellmbehindmschedulemandmcostsmincreased.mShamanmG
upta,mthemdirectormofminformationmtechnologymservices,maskedmAshleemWellsmtomcomeminmandm
talkmwithmhimmaboutmthemsystem.mAshleemismamlong-
timememployeemofmSingh,mandmhermopinionmismvaluedmbymhermpeersmandmbymhermsupervisor.
"SomAshlee,mhow'smitmgoingmdownmthereminmthemshop?"
"Notmsomgood,mShaman.mUsedmtombemwemgotmamweeklympickmlistmsomwemknewmhowmtomplanmprod
uction.mNow,mwemgotmthatmcomputermsystem.mMostmofmusmcan'tmfiguremoutmhowmtomusemitmtomdomo
urmjobs.mIsmtheremsomemwaymtomprintmoutmampickmlist?"
3
Accounting Information Systems
m m
by Marshall Romney, Paul Steinbart
m m m m
15th Edition
m
FULL TEST BANK!!!
m m
, Chapter 1 Accounting Information Systems: An Overview
m m m m m m
1.1 Distinguishmdatamfromminformation,mdiscussmthemcharacteristicsmofmusefulminformation,ma
ndmexplainmhowmtomdeterminemthemvaluemofminformation.
1) Whichmofmthemfollowingmstatementsmbelowmshowsmthemcontrastmbetweenmdatama
ndminformation?
A) DatamismthemoutputmofmanmAIS.
B) InformationmismthemprimarymoutputmofmanmAIS.
C) Datamismmoremusefulminmdecisionmmakingmthanminformation.
D) Datamandminformationmaremthemsame.
Answer:m B
2) Informationmismbestmdescribedmas
A) rawmfactsmaboutmtransactions.
B) datamthatmhasmbeenmorganizedmandmprocessedmsomthatmitmismmeaningfulmtomthemuser.
C) factsmthatmaremusefulmwhenmprocessedminmamtimelymmanner.
D) themsamemthingmasmdata.
Answer:m B
3) Themvaluemofminformationmcanmbestmbemdeterminedmby
A) itsmusefulnessmtomdecisionmmakers.
B) itsmrelevancemtomdecisionmmakers.
C) thembenefitsmassociatedmwithmobtainingmtheminformationmminusmthemcostmofmproducingmit.
D) themextentmtomwhichmitmoptimizesmthemvaluemchain.
Answer:m C
4) Anmaccountingminformationmsystemm(AIS)mprocesses tomprovidemusersmwith
.
A) data;minformation
B) data;mtransactions
C) information;mdata
D) data;mbenefit
smAnswer:m A
5) informationmreducesmuncertainty,mimprovesmdecisionmmakers'mabilitymtomma
kempredictions,mormconfirmsmexpectations.
A) Timely
1
,B) Reliable
C) Relevant
D) Complete
Answer:m C
m
6) Informationmthatmismfreemfrommerrormormbiasmandmaccuratelymrepresentsmthemeventsmormactivi
tiesmofmthemorganizationmis
A) relevant.
B) reliablem/mFaithfulmRepresentation.
C) verifiable.
D) timely.
Answer:m B
7) Informationmthatmdoesmnotmomitmimportantmaspectsmofmthemunderlyingmeventsmormactivi
tiesmthatmitmmeasuresmis
A) complete.
B) accessible.
C) relevant.
D) timely.
Answer:m A
8) Informationmis
whenmtwomknowledgeablempeoplemindependentlymproducemthemsameminformation.
A) verifiable
B) relevant
C) reliable
D) complete
Answer:m A
m
9) Datammustmbemconvertedmintominformationmtombemconsideredmusefulmandmmeaningfulmfor
mdecisionmmaking.mTheremaremsixmcharacteristicsmthatmmakeminformationmbothmusefulmandm
meaningful.mIfminformationmismfreemfrommerrormormbiasmandmaccuratelymrepresentsmthemevent
smormactivitiesmofmthemorganization,mitmismrepresentativemofmthemcharacteristicmof
A) relevancy.
B) timeliness.
C) understandability.
D) reliability.
2
, Answer:m D
10) Inventoryminformationmismprovidedminmrealmtimembymamfirm'smaccountingminformationmsyst
em.mThemaccuracymofmthisminformationmismquestionable,mhowever,msincemthemproductionmma
nagermoftenmreportsmstockmoutsmofmcomponentsmthatmthemsystemmindicatesmareminmstock.mW
hichmofmthemfollowingmcharacteristicsmofmusefulminformationmismabsentminmthemsituationmdesc
ribedmabove?
A) relevant
B) reliable
C) complete
D) timely
E) understandable
F) verifiable
G) accessible
Answer:m B
m
11) CherylmMetrejeanmhasmbeenmthemcontrollermofmDowntownmTiresmform25myears.mOwnershi
pmofmthemfirmmrecentlymchangedmhandsmandmthemnewmownersmaremconductingmanmauditmofmthe
mfinancialmrecords.mThemauditmhasmbeenmunablemtomreproducemfinancialmreportsmthatmwerempre
paredmbymMs.mMetrejean.mWhilemtheremismnomevidencemofmwrongdoing,mthemauditorsmaremcon
cernedmthatmthemdiscrepanciesmmightmcontributemtompoormdecisions.mWhichmofmthemfollowing
mcharacteristicsmofmusefulminformationmismabsentminmthemsituationmdescribedmabove?
A) relevant
B) reliable
C) complete
D) timely
E) understandable
F) verifiable
G) accessible
Answer:m F
m
12) Inm2003,mSinghmManufacturingmimplementedmamWeb-
basedminformationmsystemmthatmallowsmallmemployeesmtomaccessmmission-
criticalminformation.mThemintentionmwasmtomincreasemproductionmefficiency.mUnfortunately,mitm
hadmthemoppositemeffect,masmdeliveriesmfellmbehindmschedulemandmcostsmincreased.mShamanmG
upta,mthemdirectormofminformationmtechnologymservices,maskedmAshleemWellsmtomcomeminmandm
talkmwithmhimmaboutmthemsystem.mAshleemismamlong-
timememployeemofmSingh,mandmhermopinionmismvaluedmbymhermpeersmandmbymhermsupervisor.
"SomAshlee,mhow'smitmgoingmdownmthereminmthemshop?"
"Notmsomgood,mShaman.mUsedmtombemwemgotmamweeklympickmlistmsomwemknewmhowmtomplanmprod
uction.mNow,mwemgotmthatmcomputermsystem.mMostmofmusmcan'tmfiguremoutmhowmtomusemitmtomdomo
urmjobs.mIsmtheremsomemwaymtomprintmoutmampickmlist?"
3
