When the AIS provides information in a timely and accurate manner, it stands as an example of - answer--improving the quality and reducing the costs of products or services.
-improving efficiency.
-improved decision making.
A good example of how an AIS is used to share knowledge within an or...
ACC 356 Exam 1 quizzes and answers
When the AIS provides information in a timely and accurate manner, it stands as an
example of - answer-✔-improving the quality and reducing the costs of products or
services.
-improving efficiency.
-improved decision making.
A good example of how an AIS is used to share knowledge within an organization
is - answer-✔the use of a corporate database to help staff identify the relevant
experts who can help with a particular client.
One group that relies on both the adequate collection and transformation of data for
decision-making purposes for an organization is - answer-✔management
A change in the AIS that makes information more easily accessible and widely
available within an organization is most likely to first influence the - answer-
✔organizational culture
Which of the following is not a transaction cycle? - answer-✔general ledger and
reporting
Message left on an answering machine: "Hi Bob! Just got into town. How about
dinner this evening if you're available. Call me!"Which of the following
characteristics of useful information is absent in the situation described above? -
answer-✔Complete
, Joe Marzetti has been the controller of Fairview Tires for 25 years. Ownership of
the firm recently changed hands and the new owners are conducting an audit of the
financial records. The audit has been unable to reproduce financial reports that
were prepared by Marzetti. While there is no evidence of wrongdoing, the auditors
are concerned that the discrepancies might contribute to poor decisions. Which of
the following characteristics of useful information is absent in the situation
described above? - answer-✔Verifiable
The transaction cycle that includes the events of hiring employees and paying them
is known as the - answer-✔human resources cycle
Razzmataz, Wisconsin, is a popular tourist destination. During the winter months,
the population dwindles to a meager few, but when summer comes, the size of the
town surges. Chuck Hewitt is the town sanitation engineer. When the size of the
town surges, so do his responsibilities. Among them is management of the sewage
processing volume.In an interview with the local paper, Chuck complained that a
report on tourist population that he uses to adjust processing volume refers to data
that was collected five days ago and it takes him a week to make
adjustments.Which of the following characteristics of useful information is absent
in the situation described above? - answer-✔Timely
Robinson Crusoe 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, as you might
expect, takes calls from curstomers, oops, I mean customers, who are unhappy
with their coconuts. Wednesday tosses finished coconuts into the sea, whereupon
they drift 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? -
answer-✔Inbound logistics
The American Institute of Certified Public Accountants (AICPA) has recognized
the importance of AIS and the major impact information technology has on the
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