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...
1) Which acof acthe acfollowing acstatements acbelow acshows acthe accontrast
acbetween acdata acand acinformation?
A) Data acis acthe acoutput acof acan acAIS.
B) Information acis acthe acprimary acoutput acof acan acAIS.
C) Data acis acmore acuseful acin acdecision acmaking acthan acinformation.
D) Data acand acinformation acare acthe acsame.
Answer: a c B
2) Information acis acbest acdescribed acas
A) raw acfacts acabout actransactions.
B) data acthat achas acbeen acorganized acand acprocessed acso acthat acit acis acmeaningful
acto acthe acuser.
C) facts acthat acare acuseful acwhen acprocessed acin aca actimely acmanner.
D) the acsame acthing acas acdata.
Answer: a c B
3) The acvalue acof acinformation accan acbest acbe acdetermined acby
A) its acusefulness acto acdecision acmakers.
B) its acrelevance acto acdecision acmakers.
C) the acbenefits acassociated acwith acobtaining acthe acinformation acminus acthe accost acof
acproducing acit.
D) the acextent acto acwhich acit acoptimizes acthe acvalue acchain.
Answer: a c C
4) An acaccounting acinformation acsystem ac(AIS) acprocesses ac to acprovide acusers
acwith
.
A) data; acinformation
B) data; actransactions
C) information; acdata
D) data;
acbenefits
acAnswer: a c A
5) information acreduces acuncertainty, acimproves acdecision acmakers'
acability acto acmake acpredictions, acor acconfirms acexpectations.
A) Timely
6) Information acthat acis acfree acfrom acerror acor acbias acand acaccurately acrepresents
acthe acevents acor acactivities acof acthe acorganization acis
A) relevant.
B) reliable ac/ acFaithful acRepresentation.
C) verifiable.
D) timely.
Answer: a c B
7) Information acthat acdoes acnot acomit acimportant acaspects acof acthe acunderlying
acevents acor acactivities acthat acit acmeasures acis
A) complete.
B) accessible.
C) relevant.
D) timely.
Answer: a c A
8) Information acis ac when actwo acknowledgeable acpeople acindependently
acproduce acthe acsame acinformation.
A) verifiable
B) relevant
C) reliable
D) complete
Distribution acof acthis acdocument acis acillegal
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