Test Bank for Accounting Information Systems, 15th Edition(Marshal Romney, 2020), All Chapters | Complete Guide A+
Summary Accounting Information Systems, Global Edition - Internal Control (EBB048A05)
Test Bank For Accounting Information Systems, 15th Edition by Romney, Steinbart, Summers, Wood all chapters.
1) Which jhof jhthe jhfollowing jhstatements jhbelow jhshows jhthe jhcontrast jhbetween
jhdata jhand jhinformation?
A) Data jhis jhthe jhoutput jhof jhan jhAIS.
B) Information jhis jhthe jhprimary jhoutput jhof jhan jhAIS.
C) Data jhis jhmore jhuseful jhin jhdecision jhmaking jhthan jhinformation.
D) Data jhand jhinformation jhare jhthe jhsame.
Answer: jhB
2) Information jhis jhbest jhdescribed jhas
A) raw jhfacts jhabout jhtransactions.
B) data jhthat jhhas jhbeen jhorganized jhand jhprocessed jhso jhthat jhit jhis jhmeaningful jhto jhthe jhuser.
C) facts jhthat jhare jhuseful jhwhen jhprocessed jhin jha jhtimely jhmanner.
D) the jhsame jhthing jhas jhdata.
Answer: jhB
3) The jhvalue jhof jhinformation jhcan jhbest jhbe jhdetermined jhby
A) its jhusefulness jhto jhdecision jhmakers.
B) its jhrelevance jhto jhdecision jhmakers.
C) the jhbenefits jhassociated jhwith jhobtaining jhthe jhinformation jhminus jhthe jhcost jhof jhproducing
jhit.
D) the jhextent jhto jhwhich jhit jhoptimizes jhthe jhvalue jhchain.
Answer: jhC
4) An jhaccounting jhinformation jhsystem jh(AIS) jhprocesses jh to jhprovide jhusers jhwith
.
A) data; jhinformation
B) data; jhtransactions
C) information; jhdata
D) data;
jhbenefits
jhAnswer: j h A
5) information jhreduces jhuncertainty, jhimproves jhdecision jhmakers' jhability jhto
jhmake jhpredictions, jhor jhconfirms jhexpectations.
A) Timely
6) Information jhthat jhis jhfree jhfrom jherror jhor jhbias jhand jhaccurately jhrepresents jhthe jhevents
jhor jhactivities jhof jhthe jhorganization jhis
A) relevant.
B) reliable jh/ jhFaithful jhRepresentation.
C) verifiable.
D) timely.
Answer: jhB
7) Information jhthat jhdoes jhnot jhomit jhimportant jhaspects jhof jhthe jhunderlying jhevents
jhor jhactivities jhthat jhit jhmeasures jhis
A) complete.
B) accessible.
C) relevant.
D) timely.
Answer: jhA
8) Information jhis jh when jhtwo jhknowledgeable jhpeople jhindependently
jhproduce jhthe jhsame jhinformation.
A) verifiable
B) relevant
C) reliable
D) complete
Distribution jhof jhthis jhdocument jhis jhillegal
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