Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

AIS > CHAPTER 1 T/F > Flashcards

CHAPTER 1 T/F Flashcards

1
Q

Information is a business resource

A

T

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

An information system is an example of a natural system.

A

F

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Transaction processing systems convert non-financial transactions into financial transactions.

A

F

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Information lacking reliability may still have value.

A

F

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

A balance sheet prepared in conformity with GAAP is an example of discretionary reporting.

A

F

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

The Management Reporting System provides the internal financial information needed to manage a
business

A

T

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Most of the inputs to the General Ledger System come from the Financial Reporting System

A

F

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

When preparing discretionary reports, organizations can choose what information to report and how to present it.

A

T

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Retrieval is the task of permanently removing obsolete or redundant records from the database

A

F

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Systems development represents 80 to 90 percent of the total cost of a computer system.

A

F

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

The database administrator is responsible for the security and integrity of the database.

A

T

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

A backbone svstem is completely finished, tested, and ready for implementation.

A

F

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

The internal auditor represents the interests of third-party outsiders.

A

F

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Information Technology (IT) audits can be performed by both internal and external auditors.

A

T

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

The single largest user of computer services is the personnel function

A

F

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Increased control is one of the key advantages of distributed data processing

A

F

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

The flat-file approach is most often associated with so-called legacy systems.

A

T

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

In a flat-file system, files are easily shared by users.

A

F

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

Legacy systems were eliminated in the effort to make systems Y2K compliant.

A

F

20
Q

One of the greatest disadvantages of database systems is that all data is always available to all users

A

F

21
Q

Under SOX legislation auditors are no longer allowed to provide consulting services to audit clients.

A

T

22
Q

Under SOX legislation auditors are no loger allowed to provide consulting services to their clients

A

F

23
Q

Processing more transactions at a lower unit cost makes batch processing more efficient than real-time systems.

A

T

24
Q

Directing work-in-process through its various stages of manufacturing is part of the conversion cycle.

A

T

25
Q

The process of acquiring raw materials is part of the conversion cycle.

A

F

26
Q

The portion of the monthly bill from a credit card company is an example of a turn-around document.

A

T

27
Q

The portion of the monthly bill from a credit card company is an example of a turn-around document.

A

T

28
Q

The general journal is used to record recurring transactions that are similar in nature

A

F

29
Q

Document flowcharts are used to represent systems at different levels of detail.

A

F

30
Q

Data flow diagrams represent the physical system.

A

F

31
Q

System flowcharts are often used to depict processes that are handled in batches.

A

T

32
Q

Program flowcharts depict the type of media being used (paper, magnetic tape, or disks) and terminals.

A

F

33
Q

System flowcharts represent the input sources, programs, and output products of a computer system.

A

T

34
Q

Program flowcharts are used to describe the logic represented in system flowcharts.

A

T

35
Q

Batch processing systems can store data on direct access storage devices

A

T

36
Q

Back ups are automatically produced in a direct access file environment

A

F

37
Q

The box symbol represents a temporary file.

A

F

38
Q

Auditors m ay prepare program flowcharts to verify the correctness of program logic.

A

T

39
Q

A control account is a general ledger account which is supported by a subsidiary ledger.

A

T

40
Q

The most significant characteristic of direct access files is access speed.

A

T

41
Q

Real time processing is used for routine transactions in large numbers.

A

F

42
Q

Batch processing is best used when timely information is needed because this method processes data efficiently.

A

F

43
Q

An inverted triangle with the letter “N” represents a file in “name” order.

A

F

44
Q
  1. Real-time processing in systems that handle large volumes of transactions each day can create operational inefficiencies.
A

T

45
Q

Operational inefficiencies occur because accounts unique to many concurrent transactions need to be updated in real time.

A

F

46
Q

Operational inefficiencies occur because accounts common to many concurrent transactions need to be updated in real time.

A

T

AIS (1 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions