100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Chapter 1 Test Bank Questions & Answers $13.49
Add to cart
Quickly navigate to
Preview
  2.  
  3. CITP
  4.  
  5. CITP

Exam (elaborations)

Chapter 1 Test Bank Questions & Answers
 0 purchase
  • Course
  • CITP
  • Institution
  • CITP

Chapter 1 Test Bank Questions & Answers 15) Accounting information systems: A) Are always computerized. B) Report only accounting information. C) Include records, processes and reports. D) Are for computer games. C 16) Which of the following is not an attribute of useful information?...

[Show more]

Preview 2 out of 6  pages

Document information

  • March 20, 2025
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • chapter 1 test bank questions answers
  • 15 accounting information systems a are always
  • 16 which of the following is not an attribute of

Written for

  • CITP
  • CITP

Seller

avatar-seller
Pogba119

Reviews received

Content preview

Chapter 1 Test Bank Questions & Answers
15) Accounting information systems:

A) Are always computerized.
B) Report only accounting information.
C) Include records, processes and reports.
D) Are for computer games. - answer C

16) Which of the following is not an attribute of useful information?

A) Bias.
B) Feedback value.
C) Predictive value.
D) Verifiability. - answer A

17) 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 amount of taxes saved by a merger.
C) The total dollar value of fireworks that are sold on July 4.
D) The cost to build an all-new Starbucks restaurant in Abu Dhabi. - answer A

18) The correct order of effects in the value chain are:

A) Inbound Logistics → Operations → Service.
B) Inbound Logistics → Outbound Logistics → Marketing & Sales.
C) Inbound Logistics → Operations → Outbound Logistics.
D) Inbound Logistics → Operations → Shipping. - answer C

19) Which designation would be most appropriate for those professionals possessing IT
audit, control and security skills?

A) Certified Internal Auditor (CIA).
B) Certified Public Accountant (CPA).
C) Certified Information Technology Professional (CITP).
D) Certified Information Systems Auditors (CISA). - answer D

20) Which designation is for CPAs with a broad range of technology knowledge and
experience?

A) Certified Internal Auditor (CIA).
B) Certified Public Accountant (CPA).

, C) Certified Information Technology Professional (CITP).
D) Certified Information Systems Auditors (CISA). - answer C

21) A supply chain:

A) Refers to the supplies needed to build products.
B) Refers to the flow of materials, information, payments and services.
C) Refers to how costs are tracking in an AIS.
D) Does not apply to a service firm like an accounting firm. - answer A

22) A supply chain system does not include information about:

A) Current customers.
B) Prospective customers.
C) Availability of inventory.
D) Current suppliers. - answer B

23) The income statement line item most likely affected by an AIS investment in
enterprise systems would be:

A) Revenues.
B) Cost of Goods Sold.
C) Selling, General and Administrative Expenses.
D) Unearned Revenue. - answer C

24) The income statement line item most likely affected by an AIS investment in supply
chain that would interface with suppliers would be:

A) Revenues.
B) Cost of Goods Sold.
C) Selling, General and Administrative Expenses.
D) Research and Development Expenses. - answer B

25) The IT strategic roles of AIS investments are classified as:

A) Automate, Informate, Transform.
B) Value creation, Value Destruction, Value Neutral.
C) Digitize, Report, Transform.
D) Automate, Digitize, Transport. - answer A

D - answer 26) According to a recent study, the transform IT strategic role is defined
as systems that:

A) Replace human labor in automating business processes.
B) Provide information about business activities to all employees.
C) Provide information about business activities to senior management.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 Pogba119. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $13.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

69484 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 15 years now

Start selling
$13.49
  • (0)
Add to cart
Added