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Test Bank For Accounting Information Systems 11th Edition Gelinas
Test Bank For Accounting Information Systems 11th Edition Gelinas
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TEST BANK FOR ACCOUNTINGINFORMATION SYSTEMS 11TH
EDITION GELINAS
, 9. The Sarbane
nes-
s-Oxl
Oxley
ey A ct of 2002
2002 ha
has
s dramat
atiically
call y change
changed the daily work of fina
fi nancia
ncial
auditors.
ANS: T PTS: 1
10. Accordi
ccording
ng to theSarbanes-Ox
s-Oxlley A ct of 2002,
2002, management must ide
denti
ntiffy, document, a
significant internal controls.
ANS: T PTS: 1
11. m
According
ccordi
ust au ngt and
audi
dit to the
threport
e Sarbane
Sarba
rep nes-O
ort on s-Oxl
audi
au xley
ey A
ditors'
tors' asct
seof
serti 2002
2002
rtions
ons aband
and PC
about
out PCA
theAorga
OBniAzations'
uditing
uditi ng system
nizations' Stand
systemard
s ofNio. 5,rna
nterna
nte m
ANS: F PTS: 1
12. According
ccording to the
the Sarbane
Sarbanes-O
s-Oxl
xley
ey A ct's Section
Section 409,
409, materi
rial
al changes in the organi
organizatio
condition must be disclosed to the public on a rapid and current basis.
ANS: T PTS: 1
13. The Sarbanes-Ox
s-Oxlley Act's
Act's Section
Section 404 creates changes
changes in both
both how compani
nies
es docume
internal control and how auditors audit and report on internal control.
ANS: T PTS: 1
14. Sarbane
Sarbanes-
s-Oxl
Oxleey Section 404
404 compl
pliiance
ance is amajor li
line of busine
business
ss for the bigge
biggest acco
ANS: T PTS: 1
15. The Sarbane
nes
s Oxl
Oxley A ct of 2002
2002 appl
appliies to publicl
ubli cly
y trade
traded
d compani
nies
es and
and not-f
not-for-
or-prof
prof
ANS: F PTS: 1
16. Historicall
storicallyy the
the purposeof an accounti
accounting
ng inform
nformati
tion
on system
system is to c
col
olllect, process, and
aspects of business
business events.
ANS:
AN S: T PTS: 1
17.
17. The MI S is a subsys
subsyste
tem
m of the
the AI S.
ANS: F PTS: 1
18.
18. Sales/ma
Sales/marketing inform
informa
ati
tion
on syste
system is ttrad
radiiti
tiona
onally part of theA IS.
ANS: F PTS: 1
19.
19. Billing/accou
ng/accounts
nts receiva
vable
ble is traditi
tiona
onally part of the
the AI S.
ANS: T PTS: 1
,21. The managem
gement process include
ncludes marketing
arketing and sales.
ANS: F PTS: 1
22. Inf
nforma
ormati
tion
on that
that is capa
capable
ble of making
aking a di
diffference
erence in a decisi
cision-ma
on-maki
king
ng situa
situati
tion,
on, b
by
y re
uncertainty or increasing knowledge for that particular decision, has the quality of relev
ANS: T PTS: 1
23. Inf
nforma
ormati
tion
on about a customer's credit history that is recei
received after thedecisi
cision
on to grant
grant
credit lacks completeness.
ANS: F PTS: 1
24. The consistency pririnci
ncipl
ple
e is viol
violate
ated whe
when afirm uses
uses strai
straight-l
ght-liine depreciation
preciation one
one ye
to declini
decli ning
ng balance
ance depreciation
preciation the next yea
year.
ANS: T PTS: 1
25. Accuracy
ccuracy is the correspondence or agreement be
betwee
tween
n theinf
nforma
ormati
tion
on and theactual e
that the information represents.
ANS: T PTS: 1
26. situation..
Inf
nforma
ormatition
on has
has understa
understandabi
billity when it is capa
capabl
ble
e of making
ki ng a di
diffference
erence in adecisi
cisi
ANS: F PTS: 1
27. The most important
important informa
nformati
tion
on for tactical
tactical mana
nage
gement invol
involves
ves inform
nformation
tion about th
environment.
ANS: F PTS: 1
28. Decidi
Deciding
ng how
how much credi
creditt to grant
grant to acustomer is a structured de
deci
cisi
sion.
on.
ANS: T PTS: 1
29. Str
Strate
ategi
gic
c manage
geme
ment requires
requires more detail
tailed
ed informa
nformati
tion
on than
than operations
rations manage
gem
men
ANS: F PTS: 1
30. The threesteps
steps in decisi
decision
on making
aking take place in thesequence of (1)
(1) inte
intelligence (2) de
ANS: T PTS: 1
31. Str
Strate
ategi
gic
c manage
gers
rs use more informa
nformati
tion
on from
from outside
outside the organizati
organization
on than do
do operati
ANS: T PTS: 1
, 33. Wha
hatt controls
controls will
wil l be ne
neces
cessa
sary
ry is
i s a questi
stion
on that a
an
n accountant answers
nswers in
in thedesign
sign
ANS: T PTS: 1
34. As a de
desi
signe
gner of an AI
AI S the accounta
accountant
nt will
wil l te
test
st ane
new
w system's control
controls.
s.
ANS: F PTS: 1
35. As a user of an A IS an accountant may be called
call ed upon to partici
rti cipa
pate in the
the A IS design
sign
ANS: T PTS: 1
MULTIPLE CHOICE
1. The threethem
themes of the text book include
incl udeall of the fol
olllowing
owing except:
a. enterpri
rprise systems
b. ri
risk
sk assessment
c. e-business
d. internal
rnal control
control
ANS: B PTS: 1
2. Effici
cieency and effective
ctiveness
ness of operati
rations are goals of
of:
a. enterpri
rprise systems
b. ririsk
sk assessment
c. e-business
d. internal
rnal control
control
ANS: D PTS: 1
3. A se
sett of inte
i nterdep
rdepen
ende
dent elements
ents that together
ther accompli
plish
sh spe
specif
cific objectives
objectives is a
a. system
system
b. subsystem
subsystem
c. database
d. accounti
accounting ng informa
nformati
tion
on system
ANS: A PTS: 1
4. A systemcan be further
urther di
divi
vide
ded into
a. input da
data
ta
b. subsystem
subsystems
c. databases
d. enterpri
rprise systems
ANS: B PTS: 1
5. A system that consists
consists of an integrated set of computer-
computer-base
based and manual components
col
colllect, store, and manage dadata
ta and to provide
provide output inf
informa
ormati
tion
on to users is
i s a(n)
a. output
b. ERP
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