Accounting Information Systems (AIS) EXAM COMPILATION BUNDLE || GUARANTEED PASS!!

Data differ from information in which way? correct answers Information is output and data is input Which of the following is NOT a characteristic that makes information useful? a.) It is reliable b.) It is timely c.) It is inexpensive d.) It is relevant correct answers c.) it is inexpensive ...

system correct answers a set of two or interrelated components that interact to achieve a goal goal conflict correct answers occurs when a subsystem is inconsistent with the goals of a system as a whole goal congruence correct answers occurs when a subsystem achieves its goals while contributi...

data processing cycle correct answers four operations (data input, data storage, data processing and information output) performed on data to generate meaningful and relevant information source document correct answers documents used to capture transaction data at its source turnaround documen...

System correct answers Two or more interrelated components that interact to achieve a goal, often composed of subsystems that support the larger system. Goal conflict correct answers When a subsystem's goals are inconsistent with the goals of another subsystem or the system as a whole. Goal...

Which of the following statements is (are) true? (Check all that apply.) correct answers Most systems are composed of smaller subsystems, each designed to achieve one or more organizational goals, which support a larger system. There are limits to the amount of information the human mind can absorb ...

A set of two or more interrelated components that interact to achieve a goal is correct answers a system This results when a subsystem achieves its goals while contributing to the organization's overall goal. correct answers goal congruence Facts that are collected, recorded, stored and pro...

Arranging delivery of products to customers constitutes ________ in value chain analysis. correct answers Outbound logisitcs Information that is free from error or bias and accurately represents the events or activities of the organization is correct answers reliable An accounting information ...

Preventive, Detective, Corrective correct answers Internal Controls -Internal environment -Objective setting -Event identification -Risk assessment -Risk response -Control activities -Information and communication -Monitoring correct answers COSO-ERM Threat or Event correct answers Any ...

Relevant correct answers An accounts receivable aging report used in credit granting decisions Reliable correct answers A report checked by 3 different people for accuracy Complete correct answers An accounts receivable aging report that included all customer accounts Timely correct answers...

Data correct answers acts that are collected, recorded, stored, and processed by an information system (input) -Most useful when it is in machine-readable form Information correct answers data that have been organized and processed to provide meaning and improve the decision-making process (outp...

System correct answers 1. an entity consisting of two or more components or subsystems that interact to achieve a goal. 2. the equipment and programs that comprise a complete computer installation. 3. the programs and related procedures that perform a single task on a computer. Goal conflict corr...

AICPA Core Competency Framework correct answers Broad Business Competencies Personal Competency Functional Competency FASB Components AIS achieves correct answers Provide financial reporting Identify and measure elements of financial statements Provide timely, reliable, and relevant info to u...

1 An accounting information system is defined as correct answers a system that records, processes, summarizes and reports on business transactions to provide financial and nonfinancial information to facilitate decision making 2.Benefits of enterprise system or enterprise resource planning correc...

Themes of this textbook correct answers Enterprise Systems E-Business Controls 10 elements are included in the study of AIS: correct answers Communications, accounting and auditing principles Technology, databases, reporting, control Business operations, events processing, management ...