Test Bank for Accounting Information Systems, 1st Edition by Arline A. Savage
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Course
Accounting Information Systems
Institution
Accounting Information Systems
Test Bank for Accounting Information Systems: Connecting Careers, Systems, and Analytics, 1st Edition 1e by Arline A. Savage, Danielle Brannock, Alicja Foksinska. Full Chapters test bank are included - Chapter 1 to 19 1 Accounting as Information 1.1 Why Is Accounting Information Important? 1-2 1.2 ...
2) Accounting fcommunicates fthe ffinancial foutcomes fof fa fbusiness's factivities ffor
A) operating.
B) investing.
C) financing.
D) All fof fthese fanswer fchoices fare fcorrect. fAnswer:
fD fDiff: f1
AICPA: f AC: fRisk fAssessment, fAnalysis, fand fManagement
4) Which fstatement fis fTRUE?
A) Accounting fconsists fof frigid fblack fand fwhite frules.
B) Accountants fcrunch fnumbers, fnot fmake fdecisions.
C) Accounting fhelps fsupport fa fprosperous fsociety.
D) Accountants ffocus fon fdebits fand fcredits, fnot fbusiness factivities.
fAnswer: fC fDiff: f1
5) Which fof fthe ffollowing fis fNOT fa fcomponent fof fan finformation fsystem?
A) Hardware
B) Software
C) Input
D) Network fAnswer: fC fDiff: f1
Learning fObjective: f1.1 fExplain fhow faccounting faffects fboth fthe fdemand ffor fand fsupply fof
finformation.
8) Which fstatement fconcerning fdata fis fTRUE?
A) Data fis fuseless fto fa fbusiness funtil ftransformed finto finformation.
B) Data fis fthe foutput ffrom fan finformation fsystem.
C) Data fis forganized finto funderstandable fformats.
D) Data fis fprocessed fbefore fbeing finput finto fthe finformation fsystem.
fAnswer: fA fDiff: f1
9) Which fof fthe ffollowing factivities fwould fNOT fresult fin fa ftransaction fin fan
faccounting finformation fsystem?
A) Sell fgoods fto fa fcustomer fon faccount
B) Purchase fsupplies fon fcredit
C) Prepay ffor fsix fmonths fof finsurance
D) Receive fa fcustomer forder fAnswer:
fD fDiff: f2
10) Which fof fthe ffollowing factivities fresults fin fa ftransaction fan faccounting
finformation fsystem?
A) Sell fgoods fto fa fcustomer
B) Submit fan forder fto fa fvendor
C) Create festimates ffor fa fcustomer
D) Receive fa fcustomer forder fAnswer:
fA fDiff: f2
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