Exam (elaborations)
accounting information systems 2ndedition richardson test bank
accounting information systems 2ndedition richardson test bank
[Show more]
Connected book
Book Title:
Author(s):
- Edition:
- ISBN:
- Edition:
Content preview
, ACCOUNTINGn INFORMATIONn SYSTEMSn(RICHARDSONn 2NDnEDITION)Chaptern1n AccountingnInformationnSystemsnandnFirmnValue
1) AccountingnandnFinancenisnanprimarynactivityninnthenvaluenchain.
Answer:n FALSE
Diff:n1
Topic:n ThenValuenChainnandnAccountingnInformationnSystems
LearningnObjective:n 01-
04nDescribenhownbusinessnprocessesnaffectnthenfirm'snvaluenchain.nBloom's:n Remember
AACSB:n ReflectivenThinking
AICPA:n BBnIndustry;nFNnDecisionnMaking
2) AccountingnInformationnSystemsnatnthisndatenarenallncomputerized.n
Answer:n FALSE
Diff:n1
Topic:n DatanversusnInformation
LearningnObjective:n 01-
02nDistinguishnamongndata,ninformation,nandnanninformationnsystem.nBloom's:n Remember
AACSB:n ReflectivenThinking
AICPA:n BBnIndustry;nFNnDecisionnMaking
3) Businessnvaluenincludesnallnthosenitems,neventsnandninteractionsnthatndeterminenthenfinancialnhealthna
ndnwell-beingnofnthenfirm.
Answer:n TRUE
Diff:n1
Topic:n ThenValuenChainnandnAccountingnInformationnSystems
LearningnObjective:n 01-
04nDescribenhownbusinessnprocessesnaffectnthenfirm'snvaluenchain.nBloom's:n Remember
AACSB:n ReflectivenThinking
AICPA:n BBnIndustry;nFNnDecisionnMaking
4) ThenCertifiednInformationnTechnologynProfessionaln(CITP)nisnanprofessionalndesignationnfornthosen
withnanbroadnrangenofntechnologynknowledgenandndoesnnotnrequirenanCPA.
Answer:n FALSE
Diff:n1
Topic:n RolenofnAccountantsninnAccountingnInformationnSystems
LearningnObjective:n 01-
03nDistinguishnthenrolesnofnaccountantsninnprovidingninformation,nandnexplainncertificationsnrelatednt
onaccountingninformationnsystems.
Bloom's:n Remembern AACS
B:n ReflectivenThinking
AICPA:n BBnIndustry;nFNnDecisionnMaking
5) ThenCertifiednInformationnSystemsnAuditorn(CISA)nisnanprofessionalndesignationngenerallynsoughtn
bynthosenperformingnITnaudits.
Answer:n TRUE
Diff:n1
Topic:n RolenofnAccountantsninnAccountingnInformationnSystems
LearningnObjective:n 01-
03nDistinguishnthenrolesnofnaccountantsninnprovidingninformation,nandnexplainncertificationsnrelatednt
onaccountingninformationnsystems.
Bloom's:n Remembern AACS
B:n ReflectivenThinking
AICPA:n BBnIndustry;nFNnDecisionnMaking
Pagen1
, ACCOUNTINGn INFORMATIONn SYSTEMSn(RICHARDSONn 2NDnEDITION)
6) Informationnisndefinednasnbeingndatanorganizedninnanmeaningfulnwaynthatnisnusefulntonthenuser.n
Answer:n TRUE
Diff:n1
Topic:n DatanversusnInformation
LearningnObjective:n 01-
02nDistinguishnamongndata,ninformation,nandnanninformationnsystem.nBloom's:n Remember
AACSB:n ReflectivenThinking
AICPA:n BBnIndustry;nFNnDecisionnMaking
7) Datanisndefinednasnbeingninformationnorganizedninnanmeaningfulnwaynthatnisnusefulntonthenuser.n
Answer:n FALSE
Diff:n1
Topic:n DatanversusnInformation
LearningnObjective:n 01-
02nDistinguishnamongndata,ninformation,nandnanninformationnsystem.nBloom's:n Remember
AACSB:n ReflectivenThinking
AICPA:n BBnIndustry;nFNnDecisionnMaking
8) Ansystemsnanalystnanalyzesnanbusinessnproblemnthatnmightnbenaddressednbynanninformationnsystemna
ndnrecommendsnsoftwarenornsystemsntonaddressnthatnproblem.
Answer:n TRUE
Diff:n1
Topic:n ThenValuenChainnandnAccountingnInformationnSystems
LearningnObjective:n 01-
04nDescribenhownbusinessnprocessesnaffectnthenfirm'snvaluenchain.nBloom's:n Remember
AACSB:n ReflectivenThinking
AICPA:n BBnIndustry;nFNnDecisionnMaking
9) Anvaluenchainnisndefinednasnthenflownofnmaterials,ninformation,npayments,nandnservicesnfromnc
ustomerntonsupplier.
Answer:n FALSE
Diff:n1
Topic:n ThenValuenChainnandnAccountingnInformationnSystems
LearningnObjective:n 01-
04nDescribenhownbusinessnprocessesnaffectnthenfirm'snvaluenchain.nBloom's:n Remember
AACSB:n ReflectivenThinking
AICPA:n BBnIndustry;nFNnDecisionnMaking
10) Relevantninformationnisnthatninformationnthatnisnfreenfromnbiasnandnerror.n
Answer:n FALSE
Diff:n1
Topic:n DefinitionnofnAccountingnInformationnSystems;nAttributesnofnUsefulnInformation
LearningnObjective:n 01-
01nDefinenannaccountingninformationnsystem,nandnexplainncharacteristicsnofnusefulninformation.nBloom's:n Remember
AACSB:n ReflectivenThinking
AICPA:n BBnIndustry;nFNnDecisionnMaking
Pagen2
, ACCOUNTINGn INFORMATIONn SYSTEMSn(RICHARDSONn 2NDnEDITION)
11) Thencharacteristicsnofnrelevantninformationnincludenpredictivenvalue,nfeedbacknvaluenandntimeliness.n
Answer:n TRUE
Diff:n1
Topic:n DefinitionnofnAccountingnInformationnSystems;nAttributesnofnUsefulnInformation
LearningnObjective:n 01-
01nDefinenannaccountingninformationnsystem,nandnexplainncharacteristicsnofnusefulninformation.nBloom's:n Remember
AACSB:n ReflectivenThinking
AICPA:n BBnIndustry;nFNnDecisionnMaking
12) Thencharacteristicsnofnreliableninformationnarenthatntheninformationnisnverifiable,nwithoutnbiasnandnt
imely.
Answer:n FALSE
Diff:n1
Topic:n DefinitionnofnAccountingnInformationnSystems;nAttributesnofnUsefulnInformation
LearningnObjective:n 01-
01nDefinenannaccountingninformationnsystem,nandnexplainncharacteristicsnofnusefulninformation.nBloom's:n Remember
AACSB:n ReflectivenThinking
AICPA:n BBnIndustry;nFNnDecisionnMaking
13) Informationnoverloadnisndefinednasnthendifficultynanpersonnfacesninnunderstandingnanproblemnandn
makingnandecisionnasnanconsequencenofntoonmuchninformation.
Answer:n TRUE
Diff:n1
Topic:n DefinitionnofnAccountingnInformationnSystems;nAttributesnofnUsefulnInformationnLea
rningnObjective:n 01-
02nDistinguishnamongndata,ninformation,nandnanninformationnsystem.nBloom's:n Remember
AACSB:n ReflectivenThinking
AICPA:n BBnIndustry;nFNnDecisionnMaking
14) ThenmainnfinancialnbenefitnofnCustomernRelationshipnManagementnpracticesnreducesnthencostnofng
oodsnsold.
Answer:n FALSE
Diff:n1
Topic:n AIS,nFirmnProfitability,nandnStocknPrices
LearningnObjective:n 01-
08nAssessnthenimpactnofnAISnonnfirmnprofitabilitynandnstocknprices.nBloom's:n Remember
AACSB:n ReflectivenThinking
AICPA:n BBnIndustry;nFNnDecisionnMaking
15) AnnefficientnEnterprisenSystemncannsignificantlynlowernthencostnofnsupportnprocessesnincludedninns
ales,ngeneral,nandnadministrativenexpenses.
Answer:n TRUE
Diff:n1
Topic:n AIS,nFirmnProfitability,nandnStocknPrices
LearningnObjective:n 01-
08nAssessnthenimpactnofnAISnonnfirmnprofitabilitynandnstocknprices.nBloom's:n Remember
AACSB:n ReflectivenThinking
AICPA:n BBnIndustry;nFNnDecisionnMaking
Pagen3
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Verifiedtestbanks. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $18.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
56720 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now