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Test Bank for Accounting Information Systems 15th Edition by Marshall B Romney, Paul J. Steinbart, Scott L. Summers, David A. Wood A+$17.49
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Test Bank for Accounting Information Systems 15th Edition by Marshall B Romney, Paul J. Steinbart, Scott L. Summers, David A. Wood A+
Test Bank for Accounting Information Systems 15th Edition by Marshall B Romney, Paul J. Steinbart, Scott L. Summers, David A. Wood A+ GRADES
1) Which Nof Nthe Nfollowing Nstatements Nbelow Nshows Nthe Ncontrast Nbetween
Ndata NandNinformation?
A) Data Nis Nthe Noutput Nof Nan NAIS.
B) Information Nis Nthe Nprimary Noutput Nof Nan NAIS.
C) Data Nis Nmore Nuseful Nin Ndecision Nmaking Nthan Ninformation.
D) Data Nand Ninformation Nare Nthe Nsame.
Answer: N B
2) Information Nis Nbest Ndescribed Nas
A) raw Nfacts Nabout Ntransactions.
B) data Nthat Nhas Nbeen Norganized Nand Nprocessed Nso Nthat Nit Nis Nmeaningful Nto Nthe Nuser.
C) facts Nthat Nare Nuseful Nwhen Nprocessed Nin Na Ntimely Nmanner.
D) the Nsame Nthing Nas Ndata.
Answer: N B
3) The Nvalue Nof Ninformation Ncan Nbest Nbe Ndetermined Nby
A) its Nusefulness Nto Ndecision Nmakers.
B) its Nrelevance Nto Ndecision Nmakers.
C) the Nbenefits Nassociated Nwith Nobtaining Nthe Ninformation Nminus Nthe Ncost Nof Nproducing Nit.
D) the Nextent Nto Nwhich Nit Noptimizes Nthe Nvalue Nchain.
Answer: N C
4) An Naccounting Ninformation Nsystem N(AIS) Nprocesses to Nprovide Nusers Nwith
N .
A) data; Ninformation
B) data; Ntransactions
C) information; Ndata
D) data;
Nbenefits
NAnswer: N A
5) N information Nreduces Nuncertainty, Nimproves Ndecision Nmakers' Nability Nto
NmakeNpredictions, Nor Nconfirms Nexpectations.
A) Timely
1
,B) Reliable
C) Relevant
D) Complete
NAnswer: N C
6) Information Nthat Nis Nfree Nfrom Nerror Nor Nbias Nand Naccurately Nrepresents Nthe Nevents
Nor NactivitiesNof Nthe Norganization Nis
A) relevant.
B) reliable N/ NFaithful NRepresentation.
C) verifiable.
D) timely.
Answer: N B
7) Information Nthat Ndoes Nnot Nomit Nimportant Naspects Nof Nthe Nunderlying Nevents Nor
NactivitiesNthat Nit Nmeasures Nis
A) complete.
B) accessible.
C) relevant.
D) timely.
Answer: N A
8) Information Nis when Ntwo Nknowledgeable Npeople Nindependently
Nproduce NtheNsame Ninformation.
A) verifiable
B) relevant
C) reliable
D) complete
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