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Exam (elaborations)
Test Bank For Accounting Information Systems 10e James A. Hall
Test Bank For Accounting Information Systems 10e James A. Hall-1. Information is a business resource. 
*a. True 
b. False 
2. IT outsourcing is location-independent computing. 
a. True 
*b. False 
3. Transaction processing systems convert non-financial transactions 
into financial transactions. 
a. True 
*b. False 
4. Information lacking reliability may still have value. 
a. True 
*b. False 
5. A balance sheet prepared in conformity with GAAP is an example of 
discretionary reporting. 
a. True 
...