Exam 1: Accounting Information Systems and the Accountant

A company's audit trail is normally easier to follow under a manual data processing system compared to a computerized information processing system.

(True/False)

4.9/5

(34)

Question 41

What is the first step to be performed by most organizations in their accounting cycles?

(Multiple Choice)

4.9/5

(27)

Question 42

The term information overload refers to providing too much data to management, often resulting in managers ignoring it.

(True/False)

4.8/5

(32)

Question 43

"Cost accounting" is a subset of managerial accounting.

(True/False)

4.9/5

(41)

Question 44

An advantage of computerized AISs is that they do not need to be programmed to catch simple input errors such as entering "4.0" instead of "40.0" for hours worked in a payroll application.

(True/False)

4.8/5

(38)

Question 45

The CISA is an acronym for a professional accounting certification.

(True/False)

4.7/5

(42)

Question 46

One of the motivations for SAR is to identify money laundering activities.

(True/False)

4.9/5

(39)

Question 47

The series of steps leading from data recorded in transaction records to the information reported on financial statements is called the accounting cycle.

(True/False)

4.9/5

(38)

Question 48

Accounting systems are useful for performing accounting tasks, but cannot be used for such security purposes as countering terrorism.

(True/False)

4.9/5

(44)

Question 49

Historically, financial data used in one application was not easily transferable to other applications.However, the problem was fixed with which one of the following?

(Multiple Choice)

4.9/5

(30)

Question 50

Which of these is a business reporting language often used in recording or transmitting accounting data?

(Multiple Choice)

4.8/5

(28)

Question 51

Information systems auditors are:

(Multiple Choice)

4.8/5

(36)

Question 52

Some possible career opportunities for AIS majors or minors include consulting positions, computerized auditing, or computer security positions.

(True/False)

4.7/5

(28)

Question 53

The certified information systems auditor certification is sponsored by:

(Multiple Choice)

4.7/5

(32)

Question 54

Which of these statements best describes the relationship between "AISs" and "countering terrorism?"

(Multiple Choice)

4.8/5

(37)

Question 55

Activity-based costing systems focus on allocating overhead on the basis of direct labor hours used.

(True/False)

4.9/5

(39)

Question 56

What has been the effect on accountants in those organizations which have computerized their data processing functions?

(Multiple Choice)

4.8/5

(32)

Question 57

As used in Chapter 1, a dashboard is an up-to-the-minute graphic depiction of key performance measures.

(True/False)

4.8/5

(38)

Question 58

As a result of computerized information processing systems in many organizations today, the need for accountants in these organizations has significantly declined.

(True/False)

4.9/5

(39)

Question 59

Which of the following is true about the terms "data" and "information" within the context of Chapter 1?

(Multiple Choice)

4.9/5

(36)

Question 60

Showing 41 - 60 of 87

A company's audit trail is normally easier to follow under a manual data processing system compared to a computerized information processing system.

What is the first step to be performed by most organizations in their accounting cycles?

The term information overload refers to providing too much data to management, often resulting in managers ignoring it.

"Cost accounting" is a subset of managerial accounting.

An advantage of computerized AISs is that they do not need to be programmed to catch simple input errors such as entering "4.0" instead of "40.0" for hours worked in a payroll application.

The CISA is an acronym for a professional accounting certification.

One of the motivations for SAR is to identify money laundering activities.

The series of steps leading from data recorded in transaction records to the information reported on financial statements is called the accounting cycle.

Accounting systems are useful for performing accounting tasks, but cannot be used for such security purposes as countering terrorism.

Historically, financial data used in one application was not easily transferable to other applications.However, the problem was fixed with which one of the following?

Which of these is a business reporting language often used in recording or transmitting accounting data?

Information systems auditors are:

Some possible career opportunities for AIS majors or minors include consulting positions, computerized auditing, or computer security positions.

The certified information systems auditor certification is sponsored by:

Which of these statements best describes the relationship between "AISs" and "countering terrorism?"

Activity-based costing systems focus on allocating overhead on the basis of direct labor hours used.

What has been the effect on accountants in those organizations which have computerized their data processing functions?

As used in Chapter 1, a dashboard is an up-to-the-minute graphic depiction of key performance measures.

As a result of computerized information processing systems in many organizations today, the need for accountants in these organizations has significantly declined.

Which of the following is true about the terms "data" and "information" within the context of Chapter 1?

Accounting on the Internet

Information Technology and Aiss

Accounting and Data Analytics

Integrated Accounting and Enterprise Software

Introduction to Internal Control Systems and Risk Management

Computer Controls for Organizations and Accounting Information Systems

Accounting Information Systems and Business Processes: Part I

Accounting Information Systems and Business Processes: Part II

Cybercrime, Fraud, and Ethics

Information Technology Auditing

Documenting Accounting Information Systems

Developing and Implementing Effective Accounting Information Systems

Database Design

Organizing and Manipulating the Data in Databases

Database Forms and Reports

Filters