Exam 1: Accounting Information Systems and Firm Value

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CRM software often includes the use of database marketing tools to learn more about the customers and to develop strong firm-to-customer relationships.

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True

Relevant information's most defining characteristic is that it is free from bias and error.

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False

A supply chain system does not include information about:

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B

A faithful representation of the underlying event should reflect the bias of the system analyst.

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Which of the following are considered to be mandatory information required by a regulatory body?

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

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Enterprise Systems do not exist to facilitate decision making.

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An efficient Enterprise System can significantly lower the cost of support processes included in sales,general,and administrative expenses.

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A simple information system includes all but the following elements except:

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As of today,Accounting Information Systems are all computerized.

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Which of the following systems would a company be most likely to employ for the primary purpose of generating additional sales revenue?

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Investors reward companies most that announce IT initiatives with which type of strategic role?

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According to a recent study,the informate-up IT strategic role is defined as systems that:

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An accounting information system (AIS)is defined as being an information system that records,processes and reports on transactions to provide financial and nonfinancial information for decision making and control.

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

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Consider the non-profit organization Doctors without Borders (Médecins Sans Frontières),a Nobel Peace Prize winning organization that provides medical services in war zones and developing countries.For this type of organization,which of the following would likely be the best measure of business value?

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Service Activities as defined in the value chain are those activities that provide the support of customers after the products and services are sold to them (e.g.warranty repairs,parts,instruction manuals,etc. ).

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Customer Relationship Management is best defined as:

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

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Which of the following is not a primary activity in the Value Chain?

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