100% tevredenheidsgarantie Direct beschikbaar na betaling Zowel online als in PDF Je zit nergens aan vast
logo-home
Eerder door jou gezocht
Eerder door jou gezocht
logo
[TEST BANK] ACCOUNTING INFORMATION SYSTEMS, 15TH EDITION BY ROMNEY, STEINBART, SUMMERS, WOOD €7,91
In winkelwagen
Snel navigeren naar
Voorbeeld
  2.  
  3. ACCOUNTING INFORMATION SYSTEMS
  4.  
  5. ACCOUNTING INFORMATION SYSTEMS

Tentamen (uitwerkingen)

[TEST BANK] ACCOUNTING INFORMATION SYSTEMS, 15TH EDITION BY ROMNEY, STEINBART, SUMMERS, WOOD

1 beoordeling
 0 keer verkocht
  • Vak
  • ACCOUNTING INFORMATION SYSTEMS
  • Instelling
  • ACCOUNTING INFORMATION SYSTEMS

#Accounting Information Systems #cpa #Teastbank Accounting Information Systems #ROMNEY, STEINBART, SUMMERS, WOOD

Voorbeeld 4 van de 368  pagina's

Document informatie

  • 26 december 2024
  • 368
  • 2024/2025
  • Tentamen (uitwerkingen)
  • Vragen en antwoorden

Onderwerpen

  • test bank accounting information systems 15th e
  • accounting information systems 2025
  • accounting information systems 2024

Geschreven voor

  • ACCOUNTING INFORMATION SYSTEMS
  • ACCOUNTING INFORMATION SYSTEMS

1  beoordeling

review-writer-avatar

Door: ALLStudytestbanks • 13 uur geleden

Verkoper

avatar-seller
StudyProX

Ontvangen beoordelingen

Voorbeeld van de inhoud

[TEST BANK] ACCOUNTING
INFORMATION SYSTEMS, 15TH
EDITION BY ROMNEY,
STEINBART, SUMMERS, WOOD

, Chapter 1 Accounting Information Systems: An Overview

1.1 Distinguish data from information, discuss the characteristics of useful information, and
explain how to determine the value of information.

1) Which of the following statements below shows the contrast between data and
information?
A) Data is the output of an AIS.
B) Information is the primary output of an AIS.
C) Data is more useful in decision making than information.
D) Data and information are the same.

Answer: B

2) Information is best described as
A) Raw facts about transactions.
B) Data that has been organized and processed so that it is meaningful to the user.
C) Facts that are useful when processed in a timely manner.
D) The same thing as data.

Answer: B

3) The value of information can best be determined by
A) Its usefulness to decision makers.
B) Its relevance to decision makers.
C) The benefits associated with obtaining the information minus the cost of producing it.
D) The extent to which it optimizes the value chain.

Answer: C

4) An accounting information system (AIS) processes to provide users with
.
A) data; information
B) data; transactions
C) information; data
D) data; benefits

Answer: A

5) Information reduces uncertainty, improves decision makers' ability to make
predictions, or confirms expectations.
A) Timely


1

,B) Reliable
C) Relevant
D) Complete

Answer: C

6) Information that is free from error or bias and accurately represents the events or activities
of the organization is
A) Relevant.
B) Reliable / Faithful Representation.
C) Verifiable.
D) Timely.

Answer: B

7) Information that does not omit important aspects of the underlying events or activities
that it measures is
A) Complete.
B) Accessible.
C) Relevant.
D) Timely.

Answer: A

8) Information is when two knowledgeable people independently produce the
same information.
A) verifiable
B) relevant
C) reliable
D) complete

Answer: A

9) Data must be converted into information to be considered useful and meaningful for
decision making. There are six characteristics that make information both useful and
meaningful. If information is free from error or bias and accurately represents the events or
activities of the organization, it is representative of the characteristic of
A) Relevancy.
B) Timeliness.
C) Understandability.
D) Reliability.




2

, Answer: D

10) Inventory information is provided in real time by a firm's accounting information system.
The accuracy of this information is questionable, however, since the production manager
often reports stock outs of components that the system indicates are in stock. Which of the
following characteristics of useful information is absent in the situation described above?
A) relevant
B) reliable
C) complete
D) timely
E) understandable
F) verifiable
G) accessible

Answer: B

11) Cheryl Metrejean has been the controller of Downtown Tires for 25 years. Ownership of
the firm recently changed hands and the new owners are conducting an audit of the financial
records. The audit has been unable to reproduce financial reports that were prepared by Ms.
Metrejean. While there is no evidence of wrongdoing, the auditors are concerned that the
discrepancies might contribute to poor decisions. Which of the following characteristics of
useful information is absent in the situation described above?
A) relevant
B) reliable
C) complete
D) timely
E) understandable
F) verifiable
G) accessible

Answer: F

12) In 2003, Singh Manufacturing implemented a Web-based information system that allows
all employees to access mission-critical information. The intention was to increase production
efficiency. Unfortunately, it had the opposite effect, as deliveries fell behind schedule and
costs increased. Shaman Gupta, the director of information technology services, asked Ashlee
Wells to come in and talk with him about the system. Ashlee is a long-time employee of
Singh, and her opinion is valued by her peers and by her supervisor.
"So Ashlee, how's it going down there in the shop?"
"Not so good, Shaman. Used to be we got a weekly pick list so we knew how to plan
production. Now, we got that computer system. Most of us can't figure out how to use it to do
our jobs. Is there some way to print out a pick list?"


3

Voordelen van het kopen van samenvattingen bij Stuvia op een rij:

Verzekerd van kwaliteit door reviews

Verzekerd van kwaliteit door reviews

Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!

Snel en makkelijk kopen

Snel en makkelijk kopen

Je betaalt supersnel en eenmalig met iDeal, creditcard of Stuvia-tegoed voor de samenvatting. Zonder lidmaatschap.

Focus op de essentie

Focus op de essentie

Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!

Veelgestelde vragen

Wat krijg ik als ik dit document koop?

Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.

Tevredenheidsgarantie: hoe werkt dat?

Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.

Van wie koop ik deze samenvatting?

Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper StudyProX. Stuvia faciliteert de betaling aan de verkoper.

Zit ik meteen vast aan een abonnement?

Nee, je koopt alleen deze samenvatting voor €7,91. Je zit daarna nergens aan vast.

Is Stuvia te vertrouwen?

4,6 sterren op Google & Trustpilot (+1000 reviews)

Afgelopen 30 dagen zijn er 62774 samenvattingen verkocht

Opgericht in 2010, al 15 jaar dé plek om samenvattingen te kopen

Start met verkopen
€7,91
  • (1)
In winkelwagen
Toegevoegd