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Test Bank for Accounting Information Systems, 3rd Edition

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Test Bank for Accounting Information Systems, 3rd Edition TRUE/FALSE - Write 'T' if the statement is true and 'F' if the statement is false. 1) Accounting and Finance is a primary activity in the value chain. ⊚ true ⊚ false 2) As of today, Accounting Information Systems are all computerize...

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  • February 10, 2022
  • 26
  • 2021/2022
  • Exam (elaborations)
  • Questions & answers
  • 3rd edition
All documents for this subject (52)
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donatrey
Test Bank for Accounting Information
Systems, 3rd Edition, Vernon Richardson,
Chengyee Chang Rod Smith




Version 1 1

,TRUE/FALSE - Write 'T' if the statement is true and 'F' if the statement is false.
1) Accounting and Finance is a primary activity in the value chain.

⊚ true
⊚ false



2) As of today, Accounting Information Systems are all computerized.

⊚ true
⊚ false



3) Business value includes all those items, events and interactions that determine the
financial health and well-being of the firm.

⊚ true
⊚ false



4) The Certified Information Technology Professional (CITP) is a professional designation
for those with a broad range of technology knowledge and does not require a CPA.

⊚ true
⊚ false



5) The Certified Information Systems Auditor (CISA) is a professional designation
generally sought by those performing IT audits.

⊚ true
⊚ false



6) Information is defined as being data organized in a meaningful way that is useful to the
user.

⊚ true
⊚ false




Version 1 2

, 7) Data is defined as being information organized in a meaningful way that is useful to the
user.

⊚ true
⊚ false



8) A systems analyst analyzes a business problem that might be addressed by an information
system and recommends software or systems to address that problem.

⊚ true
⊚ false



9) A value chain is defined as the cost of performing various activities inside a firm.

⊚ true
⊚ false



10) Relevant information’s most defining characteristic is that it is free from bias and error.

⊚ true
⊚ false



11) The characteristics of relevant information include predictive value, feedback value and
timeliness.

⊚ true
⊚ false



12) A faithful representation of the underlying event should reflect the bias of the system
analyst.

⊚ true
⊚ false



13) Information overload is defined as the difficulty a person faces in understanding a
problem and making a decision as a consequence of too much information.


Version 1 3

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