Exam 1: Accounting Information Systems: An Overview

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Internal users of reports from a company's information system might include all of the following except its

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Which of the following is not a merchant benefit of Web commerce?

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A(n)________ is a group of loosely connected companies that work together to maximize the value of their economic outputs.

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E-waste refers to dollars spent on unsuccessful implementations and technologies.

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Flexible manufacturing systems can be reprogrammed to produce entirely different products.

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Presented below is a list of terms relating to accounting information systems, followed by definitions of those terms.
Match the appropriate term with each definition. Each answer will be used only once.

Chief Information Officer
A common division or section within the information systems department
Treasurer
The individual who supervises accounting functions
Transaction processing cycle
An example of an internal control
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Chief Information Officer
A common division or section within the information systems department
Treasurer
The individual who supervises accounting functions
Transaction processing cycle
An example of an internal control
Technical support function
Individual who has overall responsibility for the information system function
Computer-integrated manufacturing
The first step in the systems development approach
End user
The department which has supervision over cash and credit activities
Controller
A type of information system which requires an inference engine to make a decision for the user
Expert system
One or more applications systems consisting of logically related transactions
Systems analysis
An integrated approach to the use of information technology in manufacturing systems
Segregation of duties
A department or section of an organization that uses the organization's computer data processing other than the information systems department
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________ software assists management in managing inventories and scheduling production.

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________ involves the process of ensuring the suite of organization's applications work together as a composite application according to the goals and objectives of the organization.

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The treasurer is responsible for the budgeting and tax planning aspects of a business.

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ERP II adds an Enterprise Application Suite (EAS)to aid in the communication between functional areas.

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XBRL is a language that facilitates the exchange of financial statements over the Internet.

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A philosophy of ________ design fosters a set of attitudes and an approach to systems development that consciously considers the organizational context.

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Software that integrates business processes on a company-wide basis is called

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A typical CRM contains one common database in which all departments with customer contact can access and update.

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Explain the three fundamental benefits of information technology to accounting information systems.

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Some organizations that use computers to process transactional data must have an information system function.

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The essence of cloud computing is that data storage is maintained by the end-user.

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A decision support system (DSS)is tailored to the strategic information needs of top-level management.

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Which of the following is not an example of good internal control?

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When information levels within an organization are viewed as a pyramid,strategic information is used primarily by

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