chapter 1

Question 1

Accounting information system are ?

Answer 1

records, processes, reports

Question 2

which of the following is not a characteristic of useful information?

Answer 2

Easy to understand

Question 3

Which of the following are consider to be mandatory information required by regulatory body?

Answer 3

financial reports for the security and exchange commissioner

Question 4

the correct order of effect in a value chain are?

Answer 4

inbound logistics–> operations –> outbound logistics

Question 5

which designation would most appropriate for those professionals processing an IT audit, control and security skills?

Answer 5

certified information system auditors (CISA)

Question 6

which designation is for CPA’s which a broad range of technology knowledge and experience?

Answer 6

certified information technology professionals (CITP)

Question 7

A supply chain?

Answer 7

refers to the flow of materials, information, payment and services

Question 8

A supply chain doesn’t include information about?

Answer 8

prospective costumers

Question 9

The income statement line item mostly affected by an AIS investment in enterprise systems would be

Answer 9

selling, general and administrative expense

Question 10

The income statement line mostly affected by an AIS investment in a supply chain that would interface with suppliers

Answer 10

Cost of good sold

Question 11

The IT strategic role of AIS investment are classified as

Answer 11

automate, informed, transform

Question 12

According to recent study, the transform IT strategic role define as system

Answer 12

a redefine business process and relationship

Question 13

According to recent study the informative- up IT strategic role define as system that

Answer 13

provide information about business activities to senior management

Question 14

the income statement account most affected by an AIS investment in customer relationship Managment (CRM)

Answer 14

Revenue

Question 15

Many hospitals are starting to digitize the medical records of their patients

Answer 15

automated

Question 16

Ebay uses information technology to sell goods in the internet this is an example

Answer 16

Transform role

Question 17

The information value chain is defined as

Answer 17

the overall transformation of data from a business need to the ultimate decision

Question 18

business value is defined as

Answer 18

items, events and interaction that determine the financial health and well-being of the firm

Question 19

consumer relationship management is defined as

Answer 19

a system used and manage and nurture firm interaction with current and potential costumers

Question 20

Support activities in a value chain does not include

Answer 20

accounting and finance

Question 21

the role of accountants in accounting information system include all but

Answer 21

operation

Question 22

a simple information system include all the following elements except

Answer 22

reporting

Question 23

Activity-based costing is an example

Answer 23

discretion information

Question 24

an example of AIS primally addresses internal business process includes

Answer 24

enterprise system