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AIS Exam 1 Questions and Answers 100% correct
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AIS Exam 1 Questions and Answers 100% correct Information that is free from error or bias and accurately represents the events or activities of the organization is reliable An accounting information system (AIS) processes ________ to provide users with ________. data; information B...

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  • August 4, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • ais exam 1 questions and answers 100 correct
  • arranging delivery of products to customers consti
  • information that is free from error or bias and ac
  • an accounting information system ais processes

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  • Ais

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AIS Exam 1 Questions and Answers
100% correct
Arranging delivery of products to customers constitutes ________ in value chain
analysis. - answer Outbound logisitcs

Information that is free from error or bias and accurately represents the events or
activities of the organization is - answer reliable

An accounting information system (AIS) processes ________ to provide users with
________. - answer data; information

Baggins Incorporated identifies new product development and product improvement as
the top corporate goals. An employee developed an innovation that will correct a
shortcoming in one of the company's products. Although Baggins current Return on
Investment (ROI) is 12%, the product innovation is expected to generate ROI of only
10%. As a result, awarding bonuses to employees based on ROI resulted in - answer
goal conflict

The ________ is not a transaction cycle. - answer G/L and Reporting cycle

Which of the following is not an example of how an AIS adds value to an organization? -
answer All employees at a hospital can access and update patient records form any
computer terminal in the hospital.

In which transaction cycle would information relating to employees benefit be most likely
to pass between internal and external accounting information systems? - answer the
HR-Payroll cycle

Before a firm can identify the information needed to effectively manage a process, the
firm must - answer understand the process

A report telling how well all approved vendors have performed in the prior 12 months is
information that is MOST needed in which business process? - answer acquiring
inventory

Information that does not omit important aspects of the underlying events or activities
that it measures is - answer complete

In transaction processing, generally which activity comes first? - answer capturing
data on source documents

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