Test Bank For Accounting Information Systems, 15th Edition by Romney, Steinbart, Summers, Wood all chapters.
Test Bank For Accounting Information Systems, 15th Edition by Romney, Steinbart, Summers, Wood all chapters.
Test Bank For Accounting Information Systems, 15th Edition by Romney, Steinbart...
A) DatadfisdfthedfoutputdfofdfandfAIS.
B) InformationdfisdfthedfprimarydfoutputdfofdfandfAIS.
C) Datadfisdfmoredfusefuldfindfdecisiondfmakingdfthandfinformation.
D) Datadfanddfinformationdfaredfthedfsame.
Answer:d f B
2) Informationdfisdfbestdfdescribeddfas
A) rawdffactsdfaboutdftransactions.
B) datadfthatdfhasdfbeendforganizeddfanddfprocesseddfsodfthatdfitdfisdfmeaningfuldftodfthedfuser.
C) factsdfthatdfaredfusefuldfwhendfprocesseddfindfadftimelydfmanner.
D) thedfsamedfthingdfasdfdata.
Answer:d f B
3) Thedfvaluedfofdfinformationdfcandfbestdfbedfdetermineddfby
A) itsdfusefulnessdftodfdecisiondfmakers.
B) itsdfrelevancedftodfdecisiondfmakers.
C) thedfbenefitsdfassociateddfwithdfobtainingdfthedfinformationdfminusdfthedfcostdfofdfproducingdfit.
D) thedfextentdftodfwhichdfitdfoptimizesdfthedfvaluedfchain.
Answer:d f C
4) Andfaccountingdfinformationdfsystemdf(AIS)dfprocessesdf todfprovidedfusersdfwith
.
A) data;dfinformation
B) data;dftransactions
C) information;dfdata
D) data;dfbenefit
sdfAnswer:d f A
5) informationdfreducesdfuncertainty,dfimprovesdfdecisiondfmakers'dfabilitydftodfm
akedfpredictions,dfordfconfirmsdfexpectations.
A) Timely
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6) Informationdfthatdfisdffreedffromdferrordfordfbiasdfanddfaccuratelydfrepresentsdfthedfeventsdfordfact
ivitiesdfofdfthedforganizationdfis
A) relevant.
B) reliabledf/dfFaithfuldfRepresentation.
C) verifiable.
D) timely.
Answer:d f B
7) Informationdfthatdfdoesdfnotdfomitdfimportantdfaspectsdfofdfthedfunderlyingdfeventsdfordfacti
vitiesdfthatdfitdfmeasuresdfis
A) complete.
B) accessible.
C) relevant.
D) timely.
Answer:d f A
8) Informationdfisdf
whendftwodfknowledgeabledfpeopledfindependentlydfproducedfthedfsamedfinformation.
A) verifiable
B) relevant
C) reliable
D) complete
Answer:d f
df
A
9) Datadfmustdfbedfconverteddfintodfinformationdftodfbedfconsidereddfusefuldfanddfmeaningfuldff
ordfdecisiondfmaking.dfTheredfaredfsixdfcharacteristicsdfthatdfmakedfinformationdfbothdfusefuldfa
nddfmeaningful.dfIfdfinformationdfisdffreedffromdferrordfordfbiasdfanddfaccuratelydfrepresentsdfthedf
eventsdfordfactivitiesdfofdfthedforganization,dfitdfisdfrepresentativedfofdfthedfcharacteristicdfof
A) relevancy.
B) timeliness.
C) understandability.
D) reliability.
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