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Accounting Information Systems Ch.1-6 Test questions & correct answers
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Accounting Information Systems Ch.1-6Test questions & correct answers.
Bob's manager complains that Bob suffers from "Analysis Paralysis;" that is, he spends too much time
reviewing endless reports and is reluctant to make decisions. Bob most likely suffers from ________.
A. Information overload
B. Data redudancy
C. Data gridlock
D. Discretionary information ANS - A. Information Overload
Many hospitals and doctor's offices are beginning to digitize the medical records of their patients. This is
an example of the ________ strategic role.
A. informate- down
B. Automate
C. Transform
D. Informare- up ANS - B. Automate
Which designation would be most appropriate for those professionals possessing IT audit, control and
security skills?
A. Certfied Internal Control (CIA)
B. Certified Information Systems Auditors (CISA)
C. Certified Public Accountant (CPA)
D. Certified Information Technology Professional (CITP) ANS - B. Certified Information Systems Auditors
(CISA).
Accounting information systems:
A. are always computerized
B. Are for computer games
C. Include records, processes and reports
D. Report only accounting information ANS - C. Include records, processes and reports
, Which of the following are considered to be mandatory information required by a regulatory body?
A. Financial reports for the Securities and Exchange Commission
B. The total dollar value of fireworks that are sold on July 4
C. The cost to build an all-new Starbucks restaurant in Abu Dhabi
D. The amount of taxes saved by a merger ANS - A. Financial reports for the Securities and Exchange
Commission
Business Value is defined as:
A. The cost to acquire a business by an outsider
B. items, events and interactions that determine the financial health and well-being of the firm.
C. The overall value of taking data and transforming it in to information needed for decision making.
D. The monetary value of a business. ANS - B. items, events and interactions that determine the
financial health and well-being of the firm.
According to a recent study, the transform IT strategic role is defined as systems that:
A. Provide information about business activities to all employees
B. Fundamentally redefine business processes and relationships
C. Provide information about business activities to senior management
D. Replace human labor in automating business processes ANS - C. Provide information about business
activities to senior mgmt
The income statement account most likely affected by an AIS investment in customer relationship
management (CRM) would be
A. unearned revenue
B. COGS
C. Selling, General and administrative expenses
D. revenues ANS - D. revenues
Which of the following is not a primary activity in the value chain?
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