100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Test Bank For Accounting Information Systems, 15th Edition by Romney, Steinbart, Summers, Wood all chapters. £18.67   Add to cart

Exam (elaborations)

Test Bank For Accounting Information Systems, 15th Edition by Romney, Steinbart, Summers, Wood all chapters.

 9 views  0 purchase
  • Module
  • Registered nurses
  • Institution
  • Registered Nurses
  • Book

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...

[Show more]

Preview 4 out of 342  pages

  • October 29, 2024
  • 342
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Registered nurses
  • Registered nurses
avatar-seller
https://www.stuvia.com/
Stuvia.comdf-
dfThedfMarketplacedftodfBuydfanddfSelldfyourdfStudydfMaterial




[TEST BANK] ACCOUNTING INF
df df df




ORMATION SYSTEMS, 15TH EDI df df df




TION BY ROMNEY, STEINBART,
df df df df




SUMMERS, WOOD df




Downloadeddfby:dfclintonsondf|dfwamalwamayeku@gmail.c
om
Distributiondfofdfthisdfdocumentdfisdfillegal

,https://www.stuvia.com/
Stuvia.comdf-
dfThedfMarketplacedftodfBuydfanddfSelldfyourdfStudydfMaterial




Chapterdf1d f AccountingdfInformationdfSystems:dfAndfOverview

1.1 Distinguishdfdatadffromdfinformation,dfdiscussdfthedfcharacteristicsdfofdfusefuldfinformation,df
anddfexplaindfhowdftodfdeterminedfthedfvaluedfofdfinformation.

1) Whichdfofdfthedffollowingdfstatementsdfbelowdfshowsdfthedfcontrastdfbetweendfdatad
fanddfinformation?

A) DatadfisdfthedfoutputdfofdfandfAIS.
B) InformationdfisdfthedfprimarydfoutputdfofdfandfAIS.
C) Datadfisdfmoredfusefuldfindfdecisiondfmakingdfthandfinformation.
D) Datadfanddfinformationdfaredfthedfsame.

Answer:d f B

2) Informationdfisdfbestdfdescribeddfas
A) rawdffactsdfaboutdftransactions.
B) datadfthatdfhasdfbeendforganizeddfanddfprocesseddfsodfthatdfitdfisdfmeaningfuldftodfthedfuser.
C) factsdfthatdfaredfusefuldfwhendfprocesseddfindfadftimelydfmanner.
D) thedfsamedfthingdfasdfdata.

Answer:d f B

3) Thedfvaluedfofdfinformationdfcandfbestdfbedfdetermineddfby
A) itsdfusefulnessdftodfdecisiondfmakers.
B) itsdfrelevancedftodfdecisiondfmakers.
C) thedfbenefitsdfassociateddfwithdfobtainingdfthedfinformationdfminusdfthedfcostdfofdfproducingdfit.
D) thedfextentdftodfwhichdfitdfoptimizesdfthedfvaluedfchain.

Answer:d f C

4) Andfaccountingdfinformationdfsystemdf(AIS)dfprocessesdf todfprovidedfusersdfwith
.
A) data;dfinformation
B) data;dftransactions
C) information;dfdata
D) data;dfbenefit

sdfAnswer:d f A

5) informationdfreducesdfuncertainty,dfimprovesdfdecisiondfmakers'dfabilitydftodfm
akedfpredictions,dfordfconfirmsdfexpectations.
A) Timely


1




Downloadeddfby:dfclintonsondf|dfwamalwamayeku@gmail.c
om
Distributiondfofdfthisdfdocumentdfisdfillegal

,https://www.stuvia.com/
Stuvia.comdf-
dfThedfMarketplacedftodfBuydfanddfSelldfyourdfStudydfMaterial




B) Reliable
C) Relevant
D) Complete

Answer:d f C
df



6) Informationdfthatdfisdffreedffromdferrordfordfbiasdfanddfaccuratelydfrepresentsdfthedfeventsdfordfact
ivitiesdfofdfthedforganizationdfis
A) relevant.
B) reliabledf/dfFaithfuldfRepresentation.
C) verifiable.
D) timely.

Answer:d f B

7) Informationdfthatdfdoesdfnotdfomitdfimportantdfaspectsdfofdfthedfunderlyingdfeventsdfordfacti
vitiesdfthatdfitdfmeasuresdfis
A) complete.
B) accessible.
C) relevant.
D) timely.

Answer:d f A

8) Informationdfisdf
whendftwodfknowledgeabledfpeopledfindependentlydfproducedfthedfsamedfinformation.
A) verifiable
B) relevant
C) reliable
D) complete

Answer:d f
df



A

9) Datadfmustdfbedfconverteddfintodfinformationdftodfbedfconsidereddfusefuldfanddfmeaningfuldff
ordfdecisiondfmaking.dfTheredfaredfsixdfcharacteristicsdfthatdfmakedfinformationdfbothdfusefuldfa
nddfmeaningful.dfIfdfinformationdfisdffreedffromdferrordfordfbiasdfanddfaccuratelydfrepresentsdfthedf
eventsdfordfactivitiesdfofdfthedforganization,dfitdfisdfrepresentativedfofdfthedfcharacteristicdfof
A) relevancy.
B) timeliness.
C) understandability.
D) reliability.




2




Downloadeddfby:dfclintonsondf|dfwamalwamayeku@gmail.c
om
Distributiondfofdfthisdfdocumentdfisdfillegal

,https://www.stuvia.com/
Stuvia.comdf-
dfThedfMarketplacedftodfBuydfanddfSelldfyourdfStudydfMaterial




Answer:d f D

10) Inventorydfinformationdfisdfprovideddfindfrealdftimedfbydfadffirm'sdfaccountingdfinformationdfsys
tem.dfThedfaccuracydfofdfthisdfinformationdfisdfquestionable,dfhowever,dfsincedfthedfproductiondf
managerdfoftendfreportsdfstockdfoutsdfofdfcomponentsdfthatdfthedfsystemdfindicatesdfaredfindfstoc
k.dfWhichdfofdfthedffollowingdfcharacteristicsdfofdfusefuldfinformationdfisdfabsentdfindfthedfsituatio
ndfdescribeddfabove?
A) relevant
B) reliable
C) complete
D) timely
E) understandable
F) verifiable
G) accessible

Answer:d f B
df



11) CheryldfMetrejeandfhasdfbeendfthedfcontrollerdfofdfDowntowndfTiresdffordf25dfyears.dfOwners
hipdfofdfthedffirmdfrecentlydfchangeddfhandsdfanddfthedfnewdfownersdfaredfconductingdfandfauditdfof
dfthedffinancialdfrecords.dfThedfauditdfhasdfbeendfunabledftodfreproducedffinancialdfreportsdfthatdfw

eredfprepareddfbydfMs.dfMetrejean.dfWhiledftheredfisdfnodfevidencedfofdfwrongdoing,dfthedfauditor
sdfaredfconcerneddfthatdfthedfdiscrepanciesdfmightdfcontributedftodfpoordfdecisions.dfWhichdfofdfth
edffollowingdfcharacteristicsdfofdfusefuldfinformationdfisdfabsentdfindfthedfsituationdfdescribeddfab
ove?
A) relevant
B) reliable
C) complete
D) timely
E) understandable
F) verifiable
G) accessible

Answer:d f F
df



12) Indf2003,dfSinghdfManufacturingdfimplementeddfadfWeb-
baseddfinformationdfsystemdfthatdfallowsdfalldfemployeesdftodfaccessdfmission-
criticaldfinformation.dfThedfintentiondfwasdftodfincreasedfproductiondfefficiency.dfUnfortunately,dfit
dfhaddfthedfoppositedfeffect,dfasdfdeliveriesdffelldfbehinddfscheduledfanddfcostsdfincreased.dfShaman

dfGupta,dfthedfdirectordfofdfinformationdftechnologydfservices,dfaskeddfAshleedfWellsdftodfcomedfindf

anddftalkdfwithdfhimdfaboutdfthedfsystem.dfAshleedfisdfadflong-
timedfemployeedfofdfSingh,dfanddfherdfopiniondfisdfvalueddfbydfherdfpeersdfanddfbydfherdfsupervisor.
"SodfAshlee,dfhow'sdfitdfgoingdfdowndftheredfindfthedfshop?"
"Notdfsodfgood,dfShaman.dfUseddftodfbedfwedfgotdfadfweeklydfpickdflistdfsodfwedfknewdfhowdftodfplandf
production.dfNow,dfwedfgotdfthatdfcomputerdfsystem.dfMostdfofdfusdfcan'tdffiguredfoutdfhowdftodfusedfitd
ftodfdodfourdfjobs.dfIsdftheredfsomedfwaydftodfprintdfoutdfadfpickdflist?"




3


Downloadeddfby:dfclintonsondf|dfwamalwamayeku@gmail.c
om

Distributiondfofdfthisdfdocumentdfisdfillegal

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 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 Wisebooks. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for £18.67. 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 revision notes and other study material for 14 years now

Start selling
£18.67
  • (0)
  Add to cart