Test Bank for Accounting Information Systems Controls and Processes 3e Leslie Turner Andrea Weickgenannt Mary Kay Copeland

Test Bank for Accounting Information Systems Controls and Processes 3e Leslie Turner Andrea Weickgenannt Mary Kay Copeland-1. When a company receivesreturned goods from a customer, the business process to accept the return would most likely be a(n): A. Administrative process B. Conversion process C. Expenditure process D. Revenue process 2. Which of the following is least likely to be an output of the accounting information system? A. A check B. A report C. An invoice D. A bar code 3. Which of the following is not true of the supply chain? A. The supply chain includes vendors. B. The supply chain excludes customers. C. The supply chain includes information flows. D. The supply chain includes secondary suppliers. 4. Which of the following is not an objective of IT enablement? A. Increased accuracy of data B. Reduced cost C. Reduced security problems D. Increased efficiency 5. The correct order of the computer data hierarchy is: A. Byte, bit, record, field, file, database B. Bit, byte, record, field, file, database C. Bit, byte, field, record, file, database D. Bit, byte, field, record, database, file 6. The process of searching for identifiable patterns in data is called: A. Sequential processing B. Data warehousing C. Data mining D. Real-time processing Ch 1 Test bank – 3e Page 2 of 21 7. An IT enabled system for purchasing that is an “invoice-less” system is called a(n): A. Automated matching system B. Evaluated receipt settlement C. E-payables D. Point of sale system 8. The COSO report written for the purpose of assisting managers in the challenge of managing risk in their organization is entitled: A. Internal Control – Integrated Framework B. Enterprise Risk Management – Integrated Framework C. Corporate Governance Guidance D. IT Governance Guidance 9. Accountants have some form of use of the AIS in all but which role? A. User B. Programmer C. Auditor D. Designer 10. Which of the following is not true of unethical behavior? A. The only category of unethical behavior for accountants is inflating revenue. B. Accountants are often pressured to help commit or cover up unethical behavior. C. Hacking is an unethical behavior that accountants should be concerned about. D. An accounting information system can be used to cover up unethical behavior. TEST BANK – CHAPTER 1 – MULTIPLE CHOICE 1. A prescribed sequence of work steps preformed in order to produce a desired result for the organization is called a(n): A. Accounting Information System B. Business Process C. Financial Transaction D. Capital Transaction Process 2. The process that must identify the transactions to be recorded, capture all the important details of the transactions, properly process the transaction details, and provide reports is termed the: A. Revenue Process B. Expenditure Process C. Accounting Information System D. Business Process 3. An accounting information system serves many functions - which of the following is NOT one of those functions? A. Capture the details of a transaction B. Implement the start of a transaction C. Provide reports of transactions D. Processthe transactions details into appropriate accounts Ch 1 Test bank – 3e Page 3 of 21 4. The proper order of activity in an accounting information system would be as follows: A. Capture, Record, Process, Report B. Process, Record, Capture, Report C. Capture, Process, Report, Record D. Record, Capture, Process, Report 5. Which of the following is not one of the general types of business processes identified by the textbook? A. Revenue Processes B. Expenditure Processes C. Conversion Processes D. Human Resource Processes 6. A company’s encompasses the tone of an organization and sets the basis for how risk is viewed and addressed by an entity’s people. A. Internal Environment B. Internal Controls Framework C. Code of Ethics D. IT Governance Structure 7. Which of the following statements, related to business processes, is false? A. Each business process has a direct effect on the financial status of the organization. B. A business process is initiated by a particular kind of event. C. A business process has a well-defined beginning and end. D. Each business process is usually completed in a relatively short period. 8. Which of the following is least likely to be part of an accounting information system function? A. Record the accounting data in the appropriate records. B. Generation of data to be part of the information system. C. Processthe detailed accounting data. D. Report the summarized accounting data. 9. Work steps that are internal controls within the business process would include: A. Using an electronic register to record all sales transactions. B. Combining both manual and computer based records. C. Reconciling a cash register at the end of each day. D. Preparation of internal reports to monitor the performance of a specific department. 10. Five different components of the accounting information system were presented in the textbook. Which of the following is not one of those components? A. Work steps within a business process intended to capture accounting data as the business process occurs. B. Work steps that are internal controls within the business process to safeguard assets and to ensure the accuracy and completeness of the data. C. Work steps that generate both internal and external reports. D. Work steps to assure that all business processes are recorded using computer-based