Question 1

Accounting rules do not allow for any flexibility in financial reporting by management.

Accepted Answer

A) True 
 B)False

Question 2

The Sarbanes-Oxley Act allows CPA firms to help clients acquire, install and use information systems and to also act as those clients' external auditor.

Accepted Answer

A) True 
 B)False

Question 3

The term "Patriot" in the "Patriot Act of 2001 is an acronym for "providing appropriate tools required to intercept and obstruct terrorism."

Accepted Answer

A) True 
 B)False

Question 4

"CPA Trust Services" performed by a CPA provides assurance that a company engaged in electronic commerce has an information system that is secure.

Accepted Answer

A) True 
 B)False

Question 5

Cloud computing is a way of using business applications over the Internet.

Accepted Answer

A) True 
 B)False

Question 6

As used in the chapter, the term "knowledge workers":

Accepted Answer

A) Are blue collar workers in non-managerial positions 
B) Are the same as delivery clerks 
C) Include most accountants 
D) Does not include most accountants 
A) Are blue collar workers in non-managerial positions 
B) Are the same as delivery clerks 
C) Include most accountants 
D) Does not include most accountants

Question 7

Which of these would be considered suspicious activities under current SAR rules?

Accepted Answer

A) Money laundering 
B) Bribing officials 
C) Transferring money to suspected terrorists 
D) all of these 
A) Money laundering 
B) Bribing officials 
C) Transferring money to suspected terrorists 
D) all of these

Accounting rules do not allow for any flexibility in financial reporting by management.

The Sarbanes-Oxley Act allows CPA firms to help clients acquire, install and use information systems and to also act as those clients' external auditor.

The term "Patriot" in the "Patriot Act of 2001 is an acronym for "providing appropriate tools required to intercept and obstruct terrorism."

"CPA Trust Services" performed by a CPA provides assurance that a company engaged in electronic commerce has an information system that is secure.

Cloud computing is a way of using business applications over the Internet.

As used in the chapter, the term "knowledge workers":

Which of these would be considered suspicious activities under current SAR rules?

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

Exam 1: Accounting Information Systems and the Accountant

Accounting rules do not allow for any flexibility in financial reporting by management.

The Sarbanes-Oxley Act allows CPA firms to help clients acquire, install and use information systems and to also act as those clients' external auditor.

The term "Patriot" in the "Patriot Act of 2001 is an acronym for "providing appropriate tools required to intercept and obstruct terrorism."

"CPA Trust Services" performed by a CPA provides assurance that a company engaged in electronic commerce has an information system that is secure.

Cloud computing is a way of using business applications over the Internet.

As used in the chapter, the term "knowledge workers":

Which of these would be considered suspicious activities under current SAR rules?

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