Exam (elaborations)
INFS2005 Exam notes and Practice Questions for Chapter 1
- Course
- Institution
- Book
INFS2005 Exam notes and Practice Questions for Chapter 1
[Show more]
Connected book
Book Title:
Author(s):
- Edition:
- ISBN:
- Edition:
More summaries for
-
AUI3702 Assignment 2 Semester 1 - DUE 8 April 2024
-
AUI3702 Assignment 2 (COMPLETE ANSWER) Semester 1 2024 - DUE 8 April 2024
-
ACCOUNTING INFORMATION SYSTEMS THE PROCESSES AND CONTROL 2ND EDITION BY LESLIE TURNER – TEST BANK
Seller
Follow
ingrid9061
Content preview
Chapter 1: Systems fundamentals – IntroductionMultiple-choice questions
1. The role of the accountant has changed in recent times because:
a. professional bodies have sought to redefine and reposition the accounting
function.
*b. computer systems have emerged to handle the classification and recording
tasks traditionally associated with the accounting function.
c. the accounting cycle is too complex and involved to be performed solely by
the accountant.
d. knowledge workers have increasingly replaced accountants in the performance
of recording and classification tasks.
Correct answer: b
Learning objective 1.1 – critically evaluate accounting practices, reflecting on how
accounting information systems enrich and extend the role of the accountant.
2. As computer systems have been developed to perform the recording and classification
tasks associated with business activities, the nature of accounting and the work of the
accountant have also been pushed in a new direction. Increasingly, the role of the
accountant is seen to be to:
a. use computer programs rather than manual journals.
b. ensure that businesses invest in new software.
*c. add value and provide and interpret information for an organisation.
d. outsource accounting work to bookkeepers.
Correct answer: c
Learning objective 1.1 – critically evaluate accounting practices, reflecting on how
accounting information systems enrich and extend the role of the accountant.
3. The ICAA requires that its members should bring their analytic expertise to several
fields. Which one of the following is NOT specified by the ICAA?
a. Strategic planning and change management.
b. Market analysis and compliance.
c. The use of information technology.
*d. Human resource management.
Correct answer: d
Learning objective 1.1 – critically evaluate accounting practices, reflecting on how
accounting information systems enrich and extend the role of the accountant.
4. What does ERP stand for?
, Chapter 1: Systems fundamentals - Introduction
*a. Enterprise Resource Planning.
b. Enterprise Resource Package.
c. Electronic Resource Planning.
d. Electronic Resource Package.
Correct answer: a
Learning objective 1.1 – critically evaluate accounting practices, reflecting on how
accounting information systems enrich and extend the role of the accountant.
5. Which of the following statements is NOT a major reason of why accountants of the
twenty-first century must be comfortable with information systems concepts?
a. Computer systems are playing an increasing part in the management and
functioning of the organisation.
b. Accountants are increasingly exposed to and working with technology and
information systems.
c. Accountants need to know how computers manage knowledge and its data
resources.
*d. Accountants need to lead and oversee the design of an accounting information
system.
Correct answer: d
Learning objective 1.1 – critically evaluate accounting practices, reflecting on how
accounting information systems enrich and extend the role of the accountant.
6. Information is:
a. the same as data.
*b. data that has been processed and converted.
c. less useful than data.
d. raw facts describing an event.
Correct answer: b
Learning objective 1.2 – compare and contrast data and information.
1.1
, 7. What is information overload?
a. The situation where a computer has more information than is needed or is able
to be processed in a meaningful way when a computer program is executed.
*b. The situation where an individual has more information than is needed or is
able to be processed in a meaningful way when working through a decision.
c. The situation where a computer has more information than is needed or is able
to be processed when data storage is taking place.
d. The situation where the amount of information exceeds the storage capacity of
the brain of a human being.
Correct answer: b
Learning objective 1.2 – compare and contrast data and information.
8. Which of the following statements best indicates the difference between data and
information:
a. information and data are the same.
b. information is less useful than data.
c. information is always useful whereas data is only sometimes useful.
*d. information is data that has been processed and converted
Correct answer: d
Learning objective 1.2 – compare and contrast data and information.
9. The following message box appears when entering a customer order into a sales
system:
This is an example of:
a. input.
b. process.
c. output.
*d. feedback.
Correct answer: d
Learning objective 1.3 – critique and synthesise system concepts, giving examples.
10. A system can be defined as:
1.2
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 EFT, 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 this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller ingrid9061. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R154,60. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
70055 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now
Recently viewed by you
