Exam 1: Introduction to Accounting Information Systems

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The purpose of an accounting information system is to collect, process, and report financial aspects of business events.

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True

In the management hierarchy, the level that lies between strategic management and operations management is called ____________________ management.

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The minimum threshold for recognition is

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Historically, the relationship between an information system and an accounting information system has been:

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A manmade system that generally consists of an integrated set of computer-based components and manual components established to collect, store, and manage data and to provide output Information to users.

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Software packages that can be used for the core systems necessary to support enterprise systems are called _____________________________________________.

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Information that is available before it loses its capacity to influence a user's decision possesses the quality of ____________________.

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Generally, which of the following is NOT one of the three roles an accountant can fill in relation to the AIS?

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The degree to which information includes data about every relevant object or event necessary to make a decision is

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Which of the following is NOT one of the three steps in decision making as described in the text

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The _________________ suggests that technology improves information available for decision making

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____________________ concerns the most productive, optimal, or economic use of resources.

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In an assurance service the accountant will provide the original information used for decision making.

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The three steps in decision making take place in the sequence of (1) intelligence (2) design (3) choice.

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____ improves the decision maker's capacity to predict, confirm, or correct earlier expectations

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The three logical components of a business process include all of the following except:

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______________ decisions are those for which all three decision phases (intelligence, design, and choice) are relatively routine or repetitive.

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Input, processing, ____________________, is a functional model of an information system.

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A primary reason that the FASB requires that GAAP be consistently applied from one period to the next is

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Which of the following is one of the three most prominent management activities?

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