Test Bank for Accounting Information Systems, 1st Edition by Arline A. Savage
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Course
Accounting Information Systems
Institution
Accounting Information Systems
Test Bank for Accounting Information Systems: Connecting Careers, Systems, and Analytics, 1st Edition 1e by Arline A. Savage, Danielle Brannock, Alicja Foksinska. Full Chapters test bank are included - Chapter 1 to 19 1 Accounting as Information 1.1 Why Is Accounting Information Important? 1-2 1.2 ...
Section tReference: tWhy tis tAccounting tInformation tImportant? tAACSB: tAnalytic
Bloom's: t tComprehension
AICPA: t tAC: tSystems tand tProcess tManagement
8) Which tstatement tconcerning tdata tis tTRUE?
A) Data tis tuseless tto ta tbusiness tuntil ttransformed tinto tinformation.
B) Data tis tthe toutput tfrom tan tinformation tsystem.
C) Data tis torganized tinto tunderstandable tformats.
D) Data tis tprocessed tbefore tbeing tinput tinto tthe tinformation tsystem. tAnswer: tA
Diff: t1
Learning tObjective: t1.1 tExplain thow taccounting taffects tboth tthe tdemand tfor tand tsupply tof
tinformation.
A+ Page t3
, Created tBy: tA tSolution t
Section tReference: tWhy tis tAccounting tInformation tImportant? tAACSB: tAnalytic
Bloom's: t tComprehension
AICPA: t tAC: tSystems tand tProcess tManagement
9) Which tof tthe tfollowing tactivities twould tNOT tresult tin ta ttransaction tin tan taccounting
tinformation tsystem?
A) Sell tgoods tto ta tcustomer ton taccount
B) Purchase tsupplies ton tcredit
C) Prepay tfor tsix tmonths tof tinsurance
D) Receive ta tcustomer torder tAnswer: tD
Diff: t2
Learning tObjective: t1.1 tExplain thow taccounting taffects tboth tthe tdemand tfor tand tsupply tof
tinformation.
Section tReference: tWhy tis tAccounting tInformation tImportant? tAACSB: tAnalytic
Bloom's: t tApplication
AICPA: t tAC: tSystems tand tProcess tManagement
t
10) Which tof tthe tfollowing tactivities tresults tin ta ttransaction tan taccounting tinformation
tsystem?
A) Sell tgoods tto ta tcustomer
B) Submit tan torder tto ta tvendor
C) Create testimates tfor ta tcustomer
D) Receive ta tcustomer torder tAnswer: tA
Diff: t2
Learning tObjective: t1.1 tExplain thow taccounting taffects tboth tthe tdemand tfor tand tsupply tof
tinformation.
Section tReference: tWhy tis tAccounting tInformation tImportant? tAACSB: tAnalytic
Bloom's: t tApplication
AICPA: t tAC: tSystems tand tProcess tManagement
11) A tbusiness tmodel tis
A+ Page t4
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