Question 1

An AIS that makes information more easily accessible and more widely available is likely to increase pressure for

Accepted Answer

A) centralization and defined procedures. 
B) centralization and autonomy. 
C) decentralization and defined procedures. 
D) decentralization and autonomy. 
A) centralization and defined procedures. 
B) centralization and autonomy. 
C) decentralization and defined procedures. 
D) decentralization and autonomy.

Question 2

In which transaction cycle would information for hiring employees be most likely to pass between internal and external accounting information systems?

Accepted Answer

A) the revenue cycle 
B) the expenditure cycle 
C) the human resources / payroll cycle 
D) the financing cycle 
A) the revenue cycle 
B) the expenditure cycle 
C) the human resources / payroll cycle 
D) the financing cycle

Question 3

Identify a recent technological advance that provides an opportunity to gain a competitive advantage.

Accepted Answer

A) CVVP analysis 
B) discounted cash flows 
C) predictive analysis 
D) economic order quantity (EOQ) 
A) CVVP analysis 
B) discounted cash flows 
C) predictive analysis 
D) economic order quantity (EOQ)

Question 4

Which of the following is a primary activity in the value chain?

Accepted Answer

A) infrastructure 
B) technology 
C) purchasing 
D) marketing and sales 
A) infrastructure 
B) technology 
C) purchasing 
D) marketing and sales

Question 5

Which of the following is not an example of how an AIS adds value to an organization?

Accepted Answer

A) All employees at a hospital can access and update patient records from any computer terminal in the hospital. 
B) A customer service representative can find a customer's account data,purchase history,payment history,and salesperson's name while on the phone with the customer,to resolve issues quickly. 
C) Suppliers are able to access sales data directly from the point-of-sale system of a retailer and deliver inventory automatically when needed. 
D) Client tax files are encrypted and made available on the CPA firm's network to any employee with an access code. 
A) All employees at a hospital can access and update patient records from any computer terminal in the hospital. 
B) A customer service representative can find a customer's account data,purchase history,payment history,and salesperson's name while on the phone with the customer,to resolve issues quickly. 
C) Suppliers are able to access sales data directly from the point-of-sale system of a retailer and deliver inventory automatically when needed. 
D) Client tax files are encrypted and made available on the CPA firm's network to any employee with an access code.

Question 6

A well-designed AIS can improve the decision making in an organization.Identify the statement below that describes a situation where an AIS may actually inhibit effective decision making.

Accepted Answer

A) An AIS provides to its users an abundance of information without any filtering or condensing of such information. 
B) An AIS identifies situations requiring management action. 
C) An AIS reduces uncertainty,and therefore accounting information can provide a basis for choosing among alternative courses of action. 
D) An AIS provides information about the results of previous decisions which provides decision makers with feedback that can be used in future decision making. 
A) An AIS provides to its users an abundance of information without any filtering or condensing of such information. 
B) An AIS identifies situations requiring management action. 
C) An AIS reduces uncertainty,and therefore accounting information can provide a basis for choosing among alternative courses of action. 
D) An AIS provides information about the results of previous decisions which provides decision makers with feedback that can be used in future decision making.

Question 7

Identify the piece of information below that is typically needed to acquire a building.

Accepted Answer

A) job descriptions 
B) vendor performance 
C) market coverage 
D) capacity needs 
A) job descriptions 
B) vendor performance 
C) market coverage 
D) capacity needs

Question 8

Identify the piece of information below that is typically needed to acquire inventory.

Accepted Answer

A) job descriptions 
B) vendor performance 
C) market coverage 
D) capacity needs 
A) job descriptions 
B) vendor performance 
C) market coverage 
D) capacity needs

Question 9

Which of the following is a true statement?

Accepted Answer

A) Business strategy directly influences AIS,but not information technology. 
B) Information technology directly influences organizational culture,but not business strategy. 
C) Organizational culture directly influences business strategy,but not AIS. 
D) AIS directly influences information technology,but not business strategy. 
A) Business strategy directly influences AIS,but not information technology. 
B) Information technology directly influences organizational culture,but not business strategy. 
C) Organizational culture directly influences business strategy,but not AIS. 
D) AIS directly influences information technology,but not business strategy.

Question 10

Define data,information,and how the value of information is determined.

Accepted Answer

Data: facts that are collected,entered,r

Question 11

Clemente Santiago has formed a business that sells carved gourmet coconuts.He has hired five employees.The most senior is Friday,who manages the carving process.Monday is the newest employee.She collects the coconuts.Tuesday takes calls from unhappy customers.Wednesday tosses finished coconuts into the sea,sending them to the wholesaler.Thursday sends smoke signals to the wholesaler extolling the virtues of the latest production run of nuts that are drifting across the bay.Which of the following functions in the value chain is Monday performing?

Accepted Answer

A) Inbound logistics 
B) Operations 
C) Outbound logistics 
D) Marketing and sales 
E) Service 
A) Inbound logistics 
B) Operations 
C) Outbound logistics 
D) Marketing and sales 
E) Service

Question 12

The American Institute of Certified Public Accountants (AICPA)has recognized the importance of AIS and the major impact information technology has on the area of accounting.To recognize individual CPAs who have met educational and experiential requirements in this area,the group formally created the designation known as

Accepted Answer

A) the Certified Information Auditor. 
B) the Certified Internal Auditor. 
C) the Certified Information Technology Professional. 
D) the Certified Data Processing Professional. 
A) the Certified Information Auditor. 
B) the Certified Internal Auditor. 
C) the Certified Information Technology Professional. 
D) the Certified Data Processing Professional.

Question 13

Information that is free from error or bias and accurately represents the events or activities of the organization is

Accepted Answer

A) relevant. 
B) reliable. 
C) verifiable. 
D) timely. 
A) relevant. 
B) reliable. 
C) verifiable. 
D) timely.

Question 14

How can an AIS become part of the firm's value chain and add value to the business?

Accepted Answer

The AIS can add value by: helping to imp

Question 15

________ information reduces uncertainty,improves decision makers' ability to make predictions,or confirms expectations.

Accepted Answer

A) Timely 
B) Reliable 
C) Relevant 
D) Complete 
A) Timely 
B) Reliable 
C) Relevant 
D) Complete

Question 16

In Chapter 1,Figure 1-4 shows the factors that influence the design of AIS.The diagram shows a bi-directional arrow between the organizational culture and the AIS.The reason for this two-way interchange between organizational culture and AIS is

Accepted Answer

A) that the AIS should not influence the values of the organizational culture. 
B) because the organization's culture influences the AIS,and likewise the AIS influences the organization's culture by controlling the flow of information within the organization. 
C) due to the transfer of managers between the two corporate elements. 
D) the AIS impacts the organization's key strategies. 
A) that the AIS should not influence the values of the organizational culture. 
B) because the organization's culture influences the AIS,and likewise the AIS influences the organization's culture by controlling the flow of information within the organization. 
C) due to the transfer of managers between the two corporate elements. 
D) the AIS impacts the organization's key strategies.

Question 17

An AIS provides value by

Accepted Answer

A) improving products or services through information that increases quality and reduces costs. 
B) providing timely and reliable information to decision makers. 
C) creating new products. 
D) both A and B 
A) improving products or services through information that increases quality and reduces costs. 
B) providing timely and reliable information to decision makers. 
C) creating new products. 
D) both A and B

Question 18

How can an AIS add value to the organization?

Accepted Answer

An AIS can increase the efficiency and e

Question 19

Clemente Santiago has formed a business that sells carved gourmet coconuts.He has hired five employees.The most senior is Friday,who manages the carving process.Monday is the newest employee.She collects the coconuts.Tuesday takes calls from unhappy customers.Wednesday tosses finished coconuts into the sea,sending them to the wholesaler.Thursday sends smoke signals to the wholesaler extolling the virtues of the latest production run of nuts that are drifting across the bay.Which of the following functions in the value chain is Friday performing?

Accepted Answer

A) Inbound logistics 
B) Operations 
C) Outbound logistics 
D) Marketing and sales 
E) Service 
A) Inbound logistics 
B) Operations 
C) Outbound logistics 
D) Marketing and sales 
E) Service

Question 20

Data must be converted into information to be considered useful and meaningful for decision making.There are six characteristics that make information both useful and meaningful.If information is free from error or bias and accurately represents the events or activities of the organization,it is representative of the characteristic of

Accepted Answer

A) relevancy. 
B) timeliness. 
C) understandability. 
D) reliability. 
A) relevancy. 
B) timeliness. 
C) understandability. 
D) reliability.

An AIS that makes information more easily accessible and more widely available is likely to increase pressure for

In which transaction cycle would information for hiring employees be most likely to pass between internal and external accounting information systems?

Identify a recent technological advance that provides an opportunity to gain a competitive advantage.

Which of the following is a primary activity in the value chain?

Which of the following is not an example of how an AIS adds value to an organization?

A well-designed AIS can improve the decision making in an organization.Identify the statement below that describes a situation where an AIS may actually inhibit effective decision making.

Identify the piece of information below that is typically needed to acquire a building.

Identify the piece of information below that is typically needed to acquire inventory.

Which of the following is a true statement?

Define data,information,and how the value of information is determined.

Information that is free from error or bias and accurately represents the events or activities of the organization is

How can an AIS become part of the firm's value chain and add value to the business?

________ information reduces uncertainty,improves decision makers' ability to make predictions,or confirms expectations.

In Chapter 1,Figure 1-4 shows the factors that influence the design of AIS.The diagram shows a bi-directional arrow between the organizational culture and the AIS.The reason for this two-way interchange between organizational culture and AIS is

An AIS provides value by

How can an AIS add value to the organization?

Overview of Transaction Processing and Enterprise Resource Planning Systems

Systems Documentation Techniques

Relational Databases

Computer Fraud

Computer Fraud and Abuse Techniques

Control and Accounting Information Systems

Controls for Information Security

Confidentiality and Privacy Controls

Processing Integrity and Availability Controls

Auditing Computer-Based Information Systems

The Revenue Cycle: Sales to Cash Collections

The Expenditure Cycle: Purchasing to Cash Disbursements

The Production Cycle

The Human Resources Management and Payroll Cycle

General Ledger and Reporting System

Database Design Using the Rea Data Model

Implementing an Rea Model in a Relational Database

Special Topics in Rea Modeling

Introduction to Systems Development and Systems Analysis

Ais Development Strategies

Systems Design,implementation,and Operation

Filters

Exam 1: Accounting Information Systems: an Overview

An AIS that makes information more easily accessible and more widely available is likely to increase pressure for

In which transaction cycle would information for hiring employees be most likely to pass between internal and external accounting information systems?

Identify a recent technological advance that provides an opportunity to gain a competitive advantage.

Which of the following is a primary activity in the value chain?

Which of the following is not an example of how an AIS adds value to an organization?

A well-designed AIS can improve the decision making in an organization.Identify the statement below that describes a situation where an AIS may actually inhibit effective decision making.

Identify the piece of information below that is typically needed to acquire a building.

Identify the piece of information below that is typically needed to acquire inventory.

Which of the following is a true statement?

Define data,information,and how the value of information is determined.

Information that is free from error or bias and accurately represents the events or activities of the organization is

How can an AIS become part of the firm's value chain and add value to the business?

________ information reduces uncertainty,improves decision makers' ability to make predictions,or confirms expectations.

In Chapter 1,Figure 1-4 shows the factors that influence the design of AIS.The diagram shows a bi-directional arrow between the organizational culture and the AIS.The reason for this two-way interchange between organizational culture and AIS is

An AIS provides value by

How can an AIS add value to the organization?

Overview of Transaction Processing and Enterprise Resource Planning Systems

Systems Documentation Techniques

Relational Databases

Computer Fraud

Computer Fraud and Abuse Techniques

Control and Accounting Information Systems

Controls for Information Security

Confidentiality and Privacy Controls

Processing Integrity and Availability Controls

Auditing Computer-Based Information Systems

The Revenue Cycle: Sales to Cash Collections

The Expenditure Cycle: Purchasing to Cash Disbursements

The Production Cycle

The Human Resources Management and Payroll Cycle

General Ledger and Reporting System

Database Design Using the Rea Data Model

Implementing an Rea Model in a Relational Database

Special Topics in Rea Modeling

Introduction to Systems Development and Systems Analysis

Ais Development Strategies

Systems Design,implementation,and Operation

Filters