Test Bank for Accounting Information Systems, 16th Edition by Marshall B Romney.

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,Test Bank for Accounting Information Systems, 16th Edition by Marshall B Romney
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, All Chaptersl l




Accounting Information Systems, 16e (Romney) l l l l


Chapter 1 Conceptual Foundations of Accounting Information Systems
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1 Distinguish data from information, discuss the characteristics of useful information, and explain ho
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w to determine the value of information.
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1) Which of the following statements below shows the contrast between data and information?
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A) Data is the primary output of an accounting information system.
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B) Information is the primary output of an accounting information system. l l l l l l l l l


C) Data is more useful in decision making than information.
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D) Data and information are the same. A
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nswer: B l


Concept: The concept of information Objecl l l l l


tive: Learning Objective 1 Difficulty: Easy
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AACSB: Analytical Thinking l




2) When a subsystem's goals are inconsistent with the goals of another subsystem or with the syste
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m as a whole, it creates
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A) system inconsistence. l


B) system conflict. l


C) goal inconsistence. l


D) goal conflict. l


Answer: D l l


Concept: The concept of information Objecl l l l l


tive: Learning Objective 1 Difficulty: Easy
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AACSB: Analytical Thinking l




3) When a subsystem achieves its goals while contributing to the organization's overall goal, it is calle
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d
A) system match. l


B) system congruence. l


C) goal congruence. l


D) goal match. l l


Answer: C l


Concept: The concept of information Objecl l l l l


tive: Learning Objective 1 Difficulty: Easy
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AACSB: Analytical Thinking l




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, 4) Information is best described as l l l l


A) raw facts about transactions.
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B) data that has been organized and processed so that it is meaningful to the user.
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C) facts that are useful when processed in a timely manner.
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D) the same thing as data.
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Answer: B l l


Concept: The concept of information Objec l l l l l


tive: Learning Objective 1 Difficulty: Easy
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AACSB: Analytical Thinking l




5) The value of information can best be determined by
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A) its usefulness to decision makers.
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B) its relevance to decision makers.
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C) the benefits associated with obtaining the information minus the cost of producing it.
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D) the extent to which it optimizes the value chain. An
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swer: C l


Concept: The concept of information Objec l l l l l


tive: Learning Objective 1 Difficulty: Mod
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erate
AACSB: Analytical Thinking l




6) An accounting information system (AIS) processes
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A) data; information l


B) data; transactions l


C) information; data l


D) data;benefits l l


Answer: A l


Concept: The concept of information Objec l l l l l


tive: Learning Objective 1 Difficulty: Easy
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AACSB: Analytical Thinking l




7) information reduces uncertainty, improves decision makers' ability to make pre l l l l l l l l l


dictions, or confirms expectations. l l l


A) Timely
B) Accurate
C) Relevant
D) Complete
Answer: C
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Concept: Information needs and business processes Object
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ive: Learning Objective 1
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Difficulty: Easy l l


AACSB: Analytical Thinking l




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