Exam 1: Accounting Information Systems and Firm Value

Which of the following is an example of information as opposed to just data:

A value chain is defined as the cost of performing various activities inside a firm.

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

Many fast food restaurants now have kiosks where customers can order without speaking to an employee.This is an example of the _____ strategic role.

Information is defined as being data organized in a meaningful way that is useful to the user.

When Uber (a ride sharing application)developed their unique platform to match drivers with riders,this was an example of _____ with IT Investments which fundamentally changed how people use car services.

Business value includes all those items,events and interactions that determine the financial health and well-being of the firm.

The income statement line item most likely affected by an AIS investment in supply chain that would interface with suppliers would be:

Production of a 1040 tax form from the AIS to be delivered to the Internal Revenue Service is an example of discretionary information.

A supply chain:

The IT strategic roles of AIS investments are classified as:

The role of accountants in accounting information systems include all except:

One of the most important ways that ERPs benefit organizations and their business processes is:

The Certified Information Systems Auditor (CISA)is a professional designation generally sought by those performing IT audits.

Which of the following statements is most true:

Outbound logistics are the activities associated with receiving and storing raw materials as well as activities that transform these inputs into finished goods.

The primary transformation of data into information takes place in which of the following activities?

The main financial benefit of Customer Relationship Management practices reduces the cost of goods sold.

The Information Value Chain is defined as:

The Sarbanes-Oxley Act of 2002 is a federal law in the United States that set new and enhanced standards for all U.S.public companies,their management and public accounting firms.