Test Bank for Accounting Information Systems, 4th Edition by Vernon Richardson
14 views 1 purchase
Course
Managerial Accounting
Institution
Managerial Accounting
Test Bank for Accounting Information Systems 4e 4th Edition by Vernon Richardson, Chengyee Chang and Rod Smith.
Chapter 1: Accounting Information Systems and Firm Value
Chapter 2: Data Analytics: Addressing Accounting Questions with Data
Chapter 3: Data Analytics: Data Visualizations
Ch...
Chap 01 4e Richardson
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
7) Data is defined as being information organized in a meaningful way that is useful to the user.
⊚ true
⊚ false
Version 1 1
, 8) An AIS may create value by giving access to management information relevant to the
decision makers.
⊚ true
⊚ false
9) An AIS may create value by providing an internal control structure needed to make sure the
information is secure, reliable, and free from error.
⊚ 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.
⊚ true
⊚ false
14) The main financial benefit of Customer Relationship Management practices reduces the cost
of goods sold.
⊚ true
⊚ false
Version 1 2
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Tutor247. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $29.49. You're not tied to anything after your purchase.