Test Bank for Accounting Information Systems, 3rd Edition
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Course
Physiology
Institution
University Of Toronto (U Of T
)
Test Bank for Accounting Information Systems, 3rd Edition
TRUE/FALSE - Write 'T' if the statement is true and 'F' if the statement is false.
1) Accounting and Finance is a primary activity in the value chain.
⊚ true
⊚ false
2) As of today, Accounting Information Systems are all computerize...
3rd editiontest bank for accounting information systems
3rd editiontest bank for accounting inf
Written for
University of Toronto (U of T
)
Medicine
Physiology
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Test Bank for Accounting Information
Systems, 3rd Edition, Vernon Richardson,
Chengyee Chang Rod Smith
Version 1 1
,TRUE/FALSE - Write 'T' if the statement is true and 'F' if the statement is false.
1) Accounting and Finance is a primary activity in the value chain.
⊚ true
⊚ false
2) As of today, Accounting Information Systems are all computerized.
⊚ true
⊚ false
3) Business value includes all those items, events and interactions that determine the
financial health and well-being of the firm.
⊚ true
⊚ false
4) The Certified Information Technology Professional (CITP) is a professional designation
for those with a broad range of technology knowledge and does not require a CPA.
⊚ true
⊚ false
5) The Certified Information Systems Auditor (CISA) is a professional designation
generally sought by those performing IT audits.
⊚ true
⊚ false
6) Information is defined as being data organized in a meaningful way that is useful to the
user.
⊚ true
⊚ false
Version 1 2
, 7) Data is defined as being information organized in a meaningful way that is useful to the
user.
⊚ true
⊚ false
8) A systems analyst analyzes a business problem that might be addressed by an information
system and recommends software or systems to address that problem.
⊚ true
⊚ false
9) A value chain is defined as the cost of performing various activities inside a firm.
⊚ true
⊚ false
10) Relevant information’s most defining characteristic is that it is free from bias and error.
⊚ true
⊚ false
11) The characteristics of relevant information include predictive value, feedback value and
timeliness.
⊚ true
⊚ false
12) A faithful representation of the underlying event should reflect the bias of the system
analyst.
⊚ true
⊚ false
13) Information overload is defined as the difficulty a person faces in understanding a
problem and making a decision as a consequence of too much information.
Version 1 3
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