100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Solution Manual - Accounting Information Systems $17.99   Add to cart

Exam (elaborations)

Solution Manual - Accounting Information Systems

 0 view  0 purchase
  • Course
  • Institution
  • Book

Solution Manual - Accounting Information Systems

Preview 2 out of 12  pages

  • September 3, 2024
  • 12
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
avatar-seller
Solution Manual - Accounting Information Systems
16th Edition by Romney; Steinbart


The major users of accounting information are divided into three main categories:
internal, external, and governmental
a. True
b. False - ANSWER: b. False

A high-level manager is more likely than a lower-level manager to want highly
aggregated information of very detailed data.
a. True
b. False - ANSWER: a. True

The functional management information systems (such as marketing, manufacturing,
human resources, and financial) are logically independent.
a. True
b. False - ANSWER: a. True

A decision support system differs from an expert system in that a decision support
system only helps a user in making a decision, whereas an expert system makes the
decision
a. True
b. False - ANSWER: a. True

The director of internal auditing should report directly to the controller
a. True
b. False - ANSWER: b. False

Stockholders, vendors, and customers are examples of ______ users of a company's
information; office managers, factory supervisors, and the chief financial officer are
examples of ______ users - ANSWER: External; Internal

A(n)_______ is a type of information system that supports nonroutine needs for
information, while ___ systems support routine, nonrecurring information needs. -
ANSWER: Decision Support System; DP

A collection of resources, such as people and equipment, designed to transform
financial and other data into economic information to be communicated to decision
makers is a(n)
a. distributed processing system.
b. accounting information system.
c. management information system.
d. financial information system. - ANSWER: b. accounting information system.

, Information has economic value when
a. it facilitates resource allocation decisions.
b. it is completely correct.
c. it is received on a timely basis.
d. it enables a firm to make a profit. - ANSWER: a. it facilitates resource allocation
decisions.

Which one of the following is an external decision maker?
a. Stockholder
b. Chief executive officer
c. Plant manager
d.Payroll clerk - ANSWER: a. Stockholder

The business process that handles purchasing and bid solicitation is the:
a. inbound sales logistics process.
b. outbound sales logistics process.
c. service process.
d. procurement process. - ANSWER: d. procurement process.

To achieve a division of responsibility, employees with access to inventory should
not also
a. use the computer system.
b. sell inventory.
c. count inventory.
d. prepare inventory accounting records. - ANSWER: d. prepare inventory accounting
records.

In a functional information systems department, application programmers report to
the manager of
a. technical support.
b. programming.
c. user support.
d. operations. - ANSWER: b. programming.

Systems techniques are commonly used in all stages of systems development except
systems analysis.
a. True
b. False - ANSWER: b. False

Systems techniques can be used as documentation tools and tools for systems
design.
a. True
b. False - ANSWER: a. True

A specialized input-output symbol may be used to denote that the data were
processed manually by the system.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 kushboopatel6867. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $17.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67163 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$17.99
  • (0)
  Add to cart