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Test Bank for Accounting Information Systems, 4th Edition by Vernon Richardson CA$42.32   Add to cart
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Test Bank for Accounting Information Systems, 4th Edition by Vernon Richardson
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  • Managerial Accounting
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  • Managerial Accounting

Test Bank for Accounting Information Systems 4e 4th Edition by Vernon Richardson, Chengyee Chang and Rod Smith. Chapter 1: Accounting Information Systems and Firm Value Chapter 2: Data Analytics: Addressing Accounting Questions with Data Chapter 3: Data Analytics: Data Visualizations Ch...

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Document information

  • October 13, 2023
  • 297
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

Subjects

  • accounting
  • information
  • systems
  • 4th
  • edition
  • vernon
  • richardson
  • multiple choice
  • mcqs
  • question bank
  • quiz bank
  • tests
  • 9781264444847
  • 4e
  • test bank
  • exam bank

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  • Managerial Accounting
  • Managerial Accounting

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Chap 01 4e Richardson
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



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




Version 1 1

, 8) An AIS may create value by giving access to management information relevant to the
decision makers.
⊚ true
⊚ false



9) An AIS may create value by providing an internal control structure needed to make sure the
information is secure, reliable, and free from error.
⊚ 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.
⊚ true
⊚ false



14) The main financial benefit of Customer Relationship Management practices reduces the cost
of goods sold.
⊚ true
⊚ false




Version 1 2

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