TEST BANK For Accounting Information Systems,
4th Edition by Vernon Richardson,
Verified Chapters 1 - 17, Complete
, Chapter 1: Accounting Information Systems and Firm Value
Chapter 2: Data Analytics: Addressing Accounting Questions with Data
Chapter 3: Data Analytics: Data Visualizations
Chapter 4: Process Modeling and Documentation Tools
Chapter 5: Data Modeling and Control Concepts
Chapter 6: Relational Databases and Enterprise Systems
Chapter 7: Sales and Collections Business Process
Chapter 8: Purchases and Payments Business Process
Chapter 9: Conversion Business Process
Chapter 10: Integrated Project
Chapter 11: Accounting Information Systems and Internal Controls
Chapter 12: Cybersecurity and Computer Fraud
Chapter 13: Monitoring and Auditing AIS
Chapter 14: eXtensible Business Reporting Language (XBRL)
Chapter 15: Emerging Technologies: Blockchain and AI Automation
Chapter 16: The Balanced Scorecard and Business Value of Information Technology
Chapter 17: Justifying and Planning IT Initiatives Using Project Management Techniques
, ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)
Chapter 1 Accounting Information Systems and Firm Value
1) Accounting and Finance is a primary activity in the value chain.
ANSWER: FALSE
Diff: 1
Topic: The Value Chain and Accounting Information Systems
Learning Objective: 01-04 Describe how business processes affect the firm's value chain.
Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
2) Accounting Information Systems at this date are all
computerized. ANSWER: FALSE
Diff: 1
Topic: Data versus Information
Learning Objective: 01-02 Distinguish among data, information, and an information system.
Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
3) Business value includes all those items, events and interactions that determine the financial
health and well-being of the firm.
ANSWER: TRUE
Diff: 1
Topic: The Value Chain and Accounting Information Systems
Learning Objective: 01-04 Describe how business processes affect the firm's value chain.
Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
4) The iCertified iInformation iTechnology iProfessional i(CITP) iis ia iprofessional idesignation ifor ithose
iwith ia ibroad irange iof itechnology iknowledge iand idoes inot irequire ia iCPA.
ANSWER: i FALSE
Diff: i1
Topic: i Role iof iAccountants iin iAccounting iInformation iSystems
Learning iObjective: i 01-03 iDistinguish ithe iroles iof iaccountants iin iproviding iinformation, iand iexplain icertifications
irelated ito iaccounting iinformation isystems.
Bloom's: i Remember
i AACSB: i Reflective iThinking
AICPA: i BB iIndustry; iFN iDecision iMaking
5) The iCertified iInformation iSystems iAuditor i(CISA) iis ia iprofessional idesignation igenerally isought
iby ithose iperforming iIT iaudits.
ANSWER: i TRUE
Diff: i1
Topic: i Role iof iAccountants iin iAccounting iInformation iSystems
Learning iObjective: i 01-03 iDistinguish ithe iroles iof iaccountants iin iproviding iinformation, iand iexplain icertifications
irelated ito iaccounting iinformation isystems.
Page 1
, ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)
Bloom's: i Remember
i AACSB: i Reflective iThinking
AICPA: i BB iIndustry; iFN iDecision iMaking
Page 2
4th Edition by Vernon Richardson,
Verified Chapters 1 - 17, Complete
, Chapter 1: Accounting Information Systems and Firm Value
Chapter 2: Data Analytics: Addressing Accounting Questions with Data
Chapter 3: Data Analytics: Data Visualizations
Chapter 4: Process Modeling and Documentation Tools
Chapter 5: Data Modeling and Control Concepts
Chapter 6: Relational Databases and Enterprise Systems
Chapter 7: Sales and Collections Business Process
Chapter 8: Purchases and Payments Business Process
Chapter 9: Conversion Business Process
Chapter 10: Integrated Project
Chapter 11: Accounting Information Systems and Internal Controls
Chapter 12: Cybersecurity and Computer Fraud
Chapter 13: Monitoring and Auditing AIS
Chapter 14: eXtensible Business Reporting Language (XBRL)
Chapter 15: Emerging Technologies: Blockchain and AI Automation
Chapter 16: The Balanced Scorecard and Business Value of Information Technology
Chapter 17: Justifying and Planning IT Initiatives Using Project Management Techniques
, ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)
Chapter 1 Accounting Information Systems and Firm Value
1) Accounting and Finance is a primary activity in the value chain.
ANSWER: FALSE
Diff: 1
Topic: The Value Chain and Accounting Information Systems
Learning Objective: 01-04 Describe how business processes affect the firm's value chain.
Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
2) Accounting Information Systems at this date are all
computerized. ANSWER: FALSE
Diff: 1
Topic: Data versus Information
Learning Objective: 01-02 Distinguish among data, information, and an information system.
Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
3) Business value includes all those items, events and interactions that determine the financial
health and well-being of the firm.
ANSWER: TRUE
Diff: 1
Topic: The Value Chain and Accounting Information Systems
Learning Objective: 01-04 Describe how business processes affect the firm's value chain.
Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
4) The iCertified iInformation iTechnology iProfessional i(CITP) iis ia iprofessional idesignation ifor ithose
iwith ia ibroad irange iof itechnology iknowledge iand idoes inot irequire ia iCPA.
ANSWER: i FALSE
Diff: i1
Topic: i Role iof iAccountants iin iAccounting iInformation iSystems
Learning iObjective: i 01-03 iDistinguish ithe iroles iof iaccountants iin iproviding iinformation, iand iexplain icertifications
irelated ito iaccounting iinformation isystems.
Bloom's: i Remember
i AACSB: i Reflective iThinking
AICPA: i BB iIndustry; iFN iDecision iMaking
5) The iCertified iInformation iSystems iAuditor i(CISA) iis ia iprofessional idesignation igenerally isought
iby ithose iperforming iIT iaudits.
ANSWER: i TRUE
Diff: i1
Topic: i Role iof iAccountants iin iAccounting iInformation iSystems
Learning iObjective: i 01-03 iDistinguish ithe iroles iof iaccountants iin iproviding iinformation, iand iexplain icertifications
irelated ito iaccounting iinformation isystems.
Page 1
, ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)
Bloom's: i Remember
i AACSB: i Reflective iThinking
AICPA: i BB iIndustry; iFN iDecision iMaking
Page 2
