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 Certified Information Technology Professional (CITP) is a professional designation for those
with a broad range of technology knowledge and does not require a CPA.
ANSWER: FALSE
Diff: 1
Topic: Role of Accountants in Accounting Information Systems
Learning Objective: 01-03 Distinguish the roles of accountants in providing information, and explain certifications
related to accounting information systems.
Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
5) The Certified Information Systems Auditor (CISA) is a professional designation generally sought
by those performing IT audits.
ANSWER: TRUE
Diff: 1
Topic: Role of Accountants in Accounting Information Systems
Learning Objective: 01-03 Distinguish the roles of accountants in providing information, and explain certifications
related to accounting information systems.
Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
Page 1
, ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)
6) InformationMisMdefinedMasMbeingMdataMorganizedMinMaMmeaningfulMwayMthatMisMusefulMt
oMtheMuser.MANSWER:M TRUE
Diff:M1
Topic:M DataMversusMInformation
LearningMObjective:M 01-
02MDistinguishMamongMdata,Minformation,MandManMinformationMsystem.MBloom's:M Re
member
AACSB:M ReflectiveMThinking
AICPA:M BBMIndustry;MFNMDecisionMMaking
7) DataMisMdefinedMasMbeingMinformationMorganizedMinMaMmeaningfulMwayMthatMisMusefulMt
oMtheMuser.MANSWER:M FALSE
Diff:M1
Topic:M DataMversusMInformation
LearningMObjective:M 01-
02MDistinguishMamongMdata,Minformation,MandManMinformationMsystem.MBloom's:M Re
member
AACSB:M ReflectiveMThinking
AICPA:M BBMIndustry;MFNMDecisionMMaking
8) AMsystemsManalystManalyzesMaMbusinessMproblemMthatMmightMbeMaddressedMbyManMinformati
onMsystemMandMrecommendsMsoftwareMorMsystemsMtoMaddressMthatMproblem.
ANSWER:M TRUE
Diff:M1
Topic:M TheMValueMChainMandMAccountingMInformationMSystems
LearningMObjective:M 01-
04MDescribeMhowMbusinessMprocessesMaffectMtheMfirm'sMvalueMchain.MBloom's:M Reme
mber
AACSB:M ReflectiveMThinking
AICPA:M BBMIndustry;MFNMDecisionMMaking
9) AMvalueMchainMisMdefinedMasMtheMflowMofMmaterials,Minformation,Mpayments,MandMser
vicesMfromMcustomerMtoMsupplier.
ANSWER:M FALSE
Diff:M1
Topic:M TheMValueMChainMandMAccountingMInformationMSystems
LearningMObjective:M 01-
04MDescribeMhowMbusinessMprocessesMaffectMtheMfirm'sMvalueMchain.MBloom's:M Reme
mber
AACSB:M ReflectiveMThinking
AICPA:M BBMIndustry;MFNMDecisionMMaking
10) RelevantMinformationMisMthatMinformationMthatMisMfreeMfromMbiasMan
dMerror.MANSWER:M FALSE
Diff:M1
Topic:M DefinitionMofMAccountingMInformationMSystems;MAttributesMofMUsefulMInformation
LearningMObjective:M 01-
01MDefineManMaccountingMinformationMsystem,MandMexplainMcharacteristicsMofMusefulMinformation.MBloom's:M Rem
ember
AACSB:M ReflectiveMThinking
AICPA:M BBMIndustry;MFNMDecisionMMaking
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 Certified Information Technology Professional (CITP) is a professional designation for those
with a broad range of technology knowledge and does not require a CPA.
ANSWER: FALSE
Diff: 1
Topic: Role of Accountants in Accounting Information Systems
Learning Objective: 01-03 Distinguish the roles of accountants in providing information, and explain certifications
related to accounting information systems.
Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
5) The Certified Information Systems Auditor (CISA) is a professional designation generally sought
by those performing IT audits.
ANSWER: TRUE
Diff: 1
Topic: Role of Accountants in Accounting Information Systems
Learning Objective: 01-03 Distinguish the roles of accountants in providing information, and explain certifications
related to accounting information systems.
Bloom's: Remember
AACSB: Reflective Thinking
AICPA: BB Industry; FN Decision Making
Page 1
, ACCOUNTING INFORMATION SYSTEMS (RICHARDSON)
6) InformationMisMdefinedMasMbeingMdataMorganizedMinMaMmeaningfulMwayMthatMisMusefulMt
oMtheMuser.MANSWER:M TRUE
Diff:M1
Topic:M DataMversusMInformation
LearningMObjective:M 01-
02MDistinguishMamongMdata,Minformation,MandManMinformationMsystem.MBloom's:M Re
member
AACSB:M ReflectiveMThinking
AICPA:M BBMIndustry;MFNMDecisionMMaking
7) DataMisMdefinedMasMbeingMinformationMorganizedMinMaMmeaningfulMwayMthatMisMusefulMt
oMtheMuser.MANSWER:M FALSE
Diff:M1
Topic:M DataMversusMInformation
LearningMObjective:M 01-
02MDistinguishMamongMdata,Minformation,MandManMinformationMsystem.MBloom's:M Re
member
AACSB:M ReflectiveMThinking
AICPA:M BBMIndustry;MFNMDecisionMMaking
8) AMsystemsManalystManalyzesMaMbusinessMproblemMthatMmightMbeMaddressedMbyManMinformati
onMsystemMandMrecommendsMsoftwareMorMsystemsMtoMaddressMthatMproblem.
ANSWER:M TRUE
Diff:M1
Topic:M TheMValueMChainMandMAccountingMInformationMSystems
LearningMObjective:M 01-
04MDescribeMhowMbusinessMprocessesMaffectMtheMfirm'sMvalueMchain.MBloom's:M Reme
mber
AACSB:M ReflectiveMThinking
AICPA:M BBMIndustry;MFNMDecisionMMaking
9) AMvalueMchainMisMdefinedMasMtheMflowMofMmaterials,Minformation,Mpayments,MandMser
vicesMfromMcustomerMtoMsupplier.
ANSWER:M FALSE
Diff:M1
Topic:M TheMValueMChainMandMAccountingMInformationMSystems
LearningMObjective:M 01-
04MDescribeMhowMbusinessMprocessesMaffectMtheMfirm'sMvalueMchain.MBloom's:M Reme
mber
AACSB:M ReflectiveMThinking
AICPA:M BBMIndustry;MFNMDecisionMMaking
10) RelevantMinformationMisMthatMinformationMthatMisMfreeMfromMbiasMan
dMerror.MANSWER:M FALSE
Diff:M1
Topic:M DefinitionMofMAccountingMInformationMSystems;MAttributesMofMUsefulMInformation
LearningMObjective:M 01-
01MDefineManMaccountingMinformationMsystem,MandMexplainMcharacteristicsMofMusefulMinformation.MBloom's:M Rem
ember
AACSB:M ReflectiveMThinking
AICPA:M BBMIndustry;MFNMDecisionMMaking
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