100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
ACCOUNTING INFORMATION SYSTEMS UNDERSTANDING BUSINESS PROCESSES 4TH EDITION BY BRETT CONSIDINE, ALISON PARKES, KARIN OLESEN, YVETTE BLOUNT, DEREK SPEER TEST BANK $23.99   Add to cart

Exam (elaborations)

ACCOUNTING INFORMATION SYSTEMS UNDERSTANDING BUSINESS PROCESSES 4TH EDITION BY BRETT CONSIDINE, ALISON PARKES, KARIN OLESEN, YVETTE BLOUNT, DEREK SPEER TEST BANK

 13 views  0 purchase
  • Course
  • ACCOUNTING INFORMATION SYSTEMS UNDERSTANDING BUSIN
  • Institution
  • ACCOUNTING INFORMATION SYSTEMS UNDERSTANDING BUSIN

ACCOUNTING INFORMATION SYSTEMS UNDERSTANDING BUSINESS PROCESSES 4TH EDITION BY BRETT CONSIDINE, ALISON PARKES, KARIN OLESEN, YVETTE BLOUNT, DEREK SPEER TEST BANK Chapter 1: Systems fundamentals Multiple Choice Questions 1. The role of the accountant has changed in recent times because: a. pro...

[Show more]

Preview 4 out of 303  pages

  • August 26, 2024
  • 303
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
book image

Book Title:

Author(s):

  • Edition:
  • ISBN:
  • Edition:
  • ACCOUNTING INFORMATION SYSTEMS UNDERSTANDING BUSIN
  • ACCOUNTING INFORMATION SYSTEMS UNDERSTANDING BUSIN
avatar-seller
Succeed
,Testbank to accompany: Accounting information systems 4e



ACCOUNTING INFORMATION SYSTEMS UNDERSTANDING BUSINESS
PROCESSES 4TH EDITION BY BRETT CONSIDINE, ALISON PARKES, KARIN
OLESEN, YVETTE BLOUNT, DEREK SPEER TEST BANK

Chapter 1: Systems fundamentals
Multiple Choice Questions

1. The role of the accountant has changed in recent times because:

a. professional bodies have sought to redefine and reposition the accounting
function.
*b. computer systems have emerged to handle the classification and recording
tasks traditionally associated with the accounting function.
c. the accounting cycle is too complex and involved to be performed solely by
the accountant.
d. knowledge workers have increasingly replaced accountants in the performance
of recording and classification tasks.

Correct answer: b
Learning Objective 1.1 ~ Define and describe accounting and explain how information
systems have altered the role of accounting and the job of the accountant


2. As computer systems have been developed to perform the recording and classification
tasks associated with business activities, the nature of accounting and the work of the
accountant have also been pushed in a new direction. Increasingly, the role of the
accountant is seen to be to:

a. use computer programs rather than manual journals.
b. ensure that businesses invest in new software.
*c. add value and provide and interpret information for an organisation.
d. outsource accounting work to bookkeepers.

Correct answer: c
Learning Objective 1.1 ~ Define and describe accounting and explain how information
systems have altered the role of accounting and the job of the accountant


3. The ICAA requires that its members should bring their analytic expertise to several
fields. Which one of the following field is NOT specified by the ICAA?

a. Strategic planning and change management.
b. Market analysis and compliance.
c. The use of information technology.
*d. Human resource management.

Correct answer: d

, Chapter 1: Systems fundamentals

Learning Objective 1.1 ~ Define and describe accounting and explain how information
systems have altered the role of accounting and the job of the accountant

, Testbank to accompany: Accounting information systems 4e


4. What does ERP stand for?

*a. Enterprise Resource Planning
b. Enterprise Resource Package
c. Electronic Resource Planning
d. Electronic Resource Package

Correct answer: a
Learning Objective 1.1 ~ Define and describe accounting and explain how information
systems have altered the role of accounting and the job of the accountant


5. Which of the following statements is NOT a major reason of why accountants of the
twenty-first century must be comfortable with information systems concepts?

a. Computer systems are playing an increasing part in the management and
functioning of the organisation.
b. Accountants are increasingly exposed to and working with technology and
information systems.
c. Accountants need to know how computers manage knowledge and its data
resources.
*d. Accountants need to lead and oversee the design of an accounting information
system.

Correct answer: d
Learning Objective 1.1 ~ Define and describe accounting and explain how information
systems have altered the role of accounting and the job of the accountant


6. Information is:

a. the same as data.
*b. data that has been processed and converted.
c. less useful than data.
d. raw facts describing an event.

Correct answer: b
Learning Objective 1.2 ~ Define and describe information

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Succeed. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $23.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

64438 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$23.99
  • (0)
  Add to cart