Test Bank For Accounting Information Systems, 15th Edition by Romney, Steinbart, Summers, Wood all chapters.Test Bank For Accounting Information Systems, 15th Edition by Romney, Steinbart, Summers, Wood all chapters.Test Bank For Accounting Information Systems, 15th Edition by Romney, Steinbart, Su...
1) Which zof zthe zfollowing zstatements zbelow zshows zthe zcontrast zbetween zdata
zandzinformation?
A) Data zis zthe zoutput zof zan zAIS.
B) Information zis zthe zprimary zoutput zof zan zAIS.
C) Data zis zmore zuseful zin zdecision zmaking zthan zinformation.
D) Data zand zinformation zare zthe zsame.
Answer: z B
2) Information zis zbest zdescribed zas
A) raw zfacts zabout ztransactions.
B) data zthat zhas zbeen zorganized zand zprocessed zso zthat zit zis zmeaningful zto zthe zuser.
C) facts zthat zare zuseful zwhen zprocessed zin za ztimely zmanner.
D) the zsame zthing zas zdata.
Answer: z B
3) The zvalue zof zinformation zcan zbest zbe zdetermined zby
A) its zusefulness zto zdecision zmakers.
B) its zrelevance zto zdecision zmakers.
C) the zbenefits zassociated zwith zobtaining zthe zinformation zminus zthe zcost zof zproducing zit.
D) the zextent zto zwhich zit zoptimizes zthe zvalue zchain.
Answer: z C
4) An zaccounting zinformation zsystem z(AIS) zprocesses to zprovide zusers zwith
z .
A) data; zinformation
B) data; ztransactions
C) information; zdata
D) data;
zbenefits
zAnswer: z A
5) z information zreduces zuncertainty, zimproves zdecision zmakers' zability zto
zmakezpredictions, zor zconfirms zexpectations.
A) Timely
1
,B) Reliable
C) Relevant
D) Complete
zAnswer: z C
6) Information zthat zis zfree zfrom zerror zor zbias zand zaccurately zrepresents zthe zevents zor
zactivitieszof zthe zorganization zis
A) relevant.
B) reliable z/ zFaithful zRepresentation.
C) verifiable.
D) timely.
Answer: z B
7) Information zthat zdoes znot zomit zimportant zaspects zof zthe zunderlying zevents zor
zactivitieszthat zit zmeasures zis
A) complete.
B) accessible.
C) relevant.
D) timely.
Answer: z A
8) Information zis when ztwo zknowledgeable zpeople zindependently zproduce
zthezsame zinformation.
A) verifiable
B) relevant
C) reliable
D) complete
zAnswer: z A
9) Data zmust zbe zconverted zinto zinformation zto zbe zconsidered zuseful zand zmeaningful
zfor zdecision zmaking. zThere zare zsix zcharacteristics zthat zmake zinformation zboth zuseful
zand zmeaningful. zIf zinformation zis zfree zfrom zerror zor zbias zand zaccurately zrepresents zthe
zevents zorzactivities zof zthe zorganization, zit zis zrepresentative zof zthe zcharacteristic zof
A) relevancy.
B) timeliness.
C) understandability.
D) reliability.
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