Exam 1: Accounting Information Systems and the Accountant

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

"Excessive data reporting" can result in:

(Multiple Choice)
4.9/5
(30)

There are limited career opportunities available for students who study both accounting and information systems.

(True/False)
5.0/5
(36)

Many accountants feel that the most important part of the Sarbanes-Oxley Act is:

(Multiple Choice)
4.7/5
(40)

Which of the following accounting functions has been automated by most companies' information processing subsystems?

(Multiple Choice)
4.8/5
(41)

If a manager suffers "information overload":

(Multiple Choice)
4.9/5
(36)

Accountants are usually classified as "line workers" within business organizations.

(True/False)
5.0/5
(38)

The starting point for an audit trail of a payroll system might be an employee time card.

(True/False)
4.7/5
(38)

Which of these is least likely to be an example of a cloud computing service?

(Multiple Choice)
4.9/5
(40)

The purpose of the assurance services of an accounting firm is to give a company's managers moral support when they are audited by the federal or state government.

(True/False)
5.0/5
(30)

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

(True/False)
4.9/5
(40)

The authors consider accountants to be "knowledge workers."

(True/False)
4.8/5
(36)

Managerial accounting principally provides decision?making information to a company's internal managers.

(True/False)
4.8/5
(50)

A major output of financial accounting is the preparation of financial statements such as an income statement.

(True/False)
4.7/5
(43)

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

(True/False)
4.8/5
(31)

An ABC inventory system refers to an "activity-based costing" system.

(True/False)
4.8/5
(32)

One possible career for AIS majors is in the traditional area of financial or managerial accounting.

(True/False)
4.8/5
(33)

The Sarbanes-Oxley Act includes a provision that prohibits corporations from making personal loans to executives.

(True/False)
4.7/5
(45)

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

(Multiple Choice)
4.8/5
(34)

The purpose of CPA Trust Services is to provide assurance that a company engaged in electronic commerce can provide the goods or services it promises.

(True/False)
4.7/5
(32)

Because accountants are not normally computer programmers working within the information processing subsystem,it is unnecessary for them to understand the capabilities and limitations of computers.

(True/False)
4.7/5
(37)
Showing 21 - 40 of 94
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)