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Accounting Information Systems (AIS) Chapters 1-3 Questions and Answers graded A+ R221,61   Add to cart
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Accounting Information Systems (AIS) Chapters 1-3 Questions and Answers graded A+
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Accounting Information Systems (AIS) Chapters 1-3 Questions and Answers graded A+ Validity Information about actual authorized events and objectives. Data Facts or figures in raw form. Represents the measurement of observation of objects an events to be useful to a decision maker it most ...

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  • August 3, 2024
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  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • accounting information systems ais chapters 1 3
  • validity information about actual authorized event
  • data facts or figures in raw form represents the
  • accounting information systems ais is a speciali

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Accounting Information Systems (AIS)
Chapters 1-3 Questions and Answers
graded A+
Validity - answer Information about actual authorized events and objectives.

Data - answer Facts or figures in raw form. Represents the measurement of
observation of objects an events to be useful to a decision maker it most be transformed
into information.

Accounting Information Systems (AIS) - answer Is a specialized subsystem of the IS
that collects,processes and reports information related to the financial aspects of
business.

Management Processes - answer A system consisting of the people, authority,
organization, policies, and procedures whose objective is to plan, and control the
operations of the organization.

Comparability - answer Information quality that enables users to identify similarities
and differences in two pieces of information.

Neutrality or Freedom From Bias - answer Means that the information is objective.

Timeliness - answer Information available to a decision maker before it loses its
capacity to influence a decision.

Efficiency - answer Concerns the obtaining and use of information through the
optimal must productive and economical use of resources.

Sarbanes Oxley Act - answer Management must identify, document, evaluate
significant internal controls.
Auditors must report on the effectiveness of the organization's system of internal
controls.

Control - answer Of business processes. The means by which we make sure the
intended actually happens.

Relevance - answer Information that is capable of making a difference in a decision-
making situation by reducing uncertainty or increasing knowledge for that particular
decision.

, E-Business - answer Is the application of electronic networks to undertake business
processes between individuals and organizations.

Predictive Value & Feedback Value - answer Improve a decision makers capability to
predict, confirm, or correct earlier expectations.

Reliability - answer The Information is true and credible

Availability - answer Information quality goals under the accessibility and security
heading.

Integrity - answer The Information is free from errors and complete

Compliance - answer Information must conform to specifications is covered by any of
the information quality goals, depending on the requirements.

Database - answer The Full accounting Cycle, however, includes data collection,
and storage.

Choice - answer Selecting a Course of Action

Subsystem - answer A part of a system. Whiten limits, any subsystem can be further
divided into its component parts or subsystems.

Event Processing - answer As organizations undertake their business operations,
events- such as sales, and purchases- occur. Data about these events must be
captured and recorded to mirror and monitor the business operations.

Management Decision Making - answer The information used for a decision must be
tailored to the type of decision under consideration. The information is more useful if it
recognizes the personal management styles and preferences of the decision maker.

Technology - answer Ability to plan and manage business or operations depends
partly on knowledge of the technology available.

Information Systems - answer A man-made system that generally consist of an
integrated set of computer-based components and manual components established to
collect, store, manage data and to provide output of information to users.

Understandability - answer Enables users to perceive the information's significance.

Effectiveness - answer Information is effective if it meets the needs of the information
consumers who uses the information for a specific task.

Logical Components of Business Processes - answer Operations processes,
Management Processes, Management uses of Information.

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