Question 1

The role of accountants in accounting information systems include all except:

Accepted Answer

A)  User 
B)  Manager 
C)  Operator 
D)  Evaluator 
A)  User 
B)  Manager 
C)  Operator 
D)  Evaluator C

Question 2

Customer Relationship Management is defined as:

Accepted Answer

A)  A system used to manage and nurture a firm's interactions with its current and potential customers 
B)  A system used to track a customer's past purchases 
C)  A system used to connect a firm's suppliers with a firm's customers. 
D)  A system used to advertise current items on sale to customers. 
A)  A system used to manage and nurture a firm's interactions with its current and potential customers 
B)  A system used to track a customer's past purchases 
C)  A system used to connect a firm's suppliers with a firm's customers. 
D)  A system used to advertise current items on sale to customers. A

Question 3

Service Activities as defined in the value chain are those activities that provide the support of customers after the products and services are sold to them (e.g.warranty repairs,parts,instruction manuals,etc.).

Accepted Answer

A) True 
 B)False  True

Question 4

Some would argue that the role of accounting is simply as an information provider.Others suggest that accountants serve the role of business analyst.Which role produces more value for a company like Starbucks? In the area of accounting information systems,what specifically can the accountant do to serve as a business analyst to help address business opportunities?

Accepted Answer

The role of accounting as an information

Question 5

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

Accepted Answer

A)  Certified Internal Auditor (CI
A)  
B)  Certified Public Accountant (CP
A)  
C)  Certified Information Technology Professional (CITP) 
D)  Certified Information Systems Auditors (CIS
A)  
A)  Certified Internal Auditor (CI
A)  
B)  Certified Public Accountant (CP
A)  
C)  Certified Information Technology Professional (CITP) 
D)  Certified Information Systems Auditors (CIS
A)

Question 6

The characteristics of relevant information include predictive value,feedback value and timeliness.

Accepted Answer

A) True 
 B)False

Question 7

A value chain is defined as the flow of materials,information,payments,and services from customer to supplier.

Accepted Answer

A) True 
 B)False

Question 8

Accounting and Finance is a primary activity in the value chain.

Accepted Answer

A) True 
 B)False

Question 9

Amazon.com is one of the best at fostering its interaction with their customers by keeping a record of their past purchases and product searches and using that information to recommend other similar products for the customer to consider.How can they use that information to help them in their marketing efforts?

Accepted Answer

Amazon.com leverages its vast trove of c

Question 10

An enterprise system is primarily used to manage and nurture a firm's interactions with its current and potential clients.

Accepted Answer

A) True 
 B)False

Question 11

Data is defined as being information organized in a meaningful way to be useful to the user.

Accepted Answer

A) True 
 B)False

Question 12

Michael Dell of Dell Computer explained:
We tell our suppliers exactly what our daily production requirements are so it is not,"Well,every two weeks deliver 5,000 to this warehouse,and we'll put them on the shelf,and then we'll take them off the shelf." It is,"Tomorrow morning we need 8,562,and deliver them to door number seven by 7 am."
How does the supply chain management software allow this to happen? And how does it save Dell money?

Accepted Answer

The supply chain management software all

Question 13

The Sarbanes-Oxley Act of 2002 is a federal law in the United States that set new and enhanced standards for all U.S.public companies,management and public accounting firms.

Accepted Answer

A) True 
 B)False

Question 14

A simple information system includes all but the following elements except:

Accepted Answer

A)  Processing 
B)  Storage 
C)  Input 
D)  Reporting 
A)  Processing 
B)  Storage 
C)  Input 
D)  Reporting

Question 15

The income statement line item most likely affected by an AIS investment in supply chain that would interface with suppliers would be:

Accepted Answer

A)  Revenues 
B)  Cost of Goods Sold 
C)  Selling, General and Administrative Expenses 
D)  Research and Development Expenses 
A)  Revenues 
B)  Cost of Goods Sold 
C)  Selling, General and Administrative Expenses 
D)  Research and Development Expenses

Question 16

The Certified Information Systems Auditors (CISA)designation identifies those professionals possessing IT audit,control and security skills.How do you think a professional designation is helpful for IT auditors?

Accepted Answer

A professional designation such as the C

Question 17

A supply chain:

Accepted Answer

A)  Refers to the supplies needed to build products 
B)  Refers to the flow of materials, information, payments and services. 
C)  Is similar in function and purpose to the value chain 
D)  Does not apply to a service firm like an accounting firm. 
A)  Refers to the supplies needed to build products 
B)  Refers to the flow of materials, information, payments and services. 
C)  Is similar in function and purpose to the value chain 
D)  Does not apply to a service firm like an accounting firm.

Question 18

Production of a 1040 tax form from the AIS to be delivered to the Internal Revenue Service is an example of discretionary information.

Accepted Answer

A) True 
 B)False

Question 19

Activity-based costing is an example of:

Accepted Answer

A)  Information overload 
B)  Mandatory information 
C)  Discretionary information 
D)  Enterprise System 
A)  Information overload 
B)  Mandatory information 
C)  Discretionary information 
D)  Enterprise System

Question 20

An efficient Enterprise System can significantly lower the cost of support processes included in sales,general,and administrative expenses.

Accepted Answer

A) True 
 B)False

The role of accountants in accounting information systems include all except:

Customer Relationship Management is defined as:

Service Activities as defined in the value chain are those activities that provide the support of customers after the products and services are sold to them (e.g.warranty repairs,parts,instruction manuals,etc.).

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

The characteristics of relevant information include predictive value,feedback value and timeliness.

A value chain is defined as the flow of materials,information,payments,and services from customer to supplier.

Accounting and Finance is a primary activity in the value chain.

An enterprise system is primarily used to manage and nurture a firm's interactions with its current and potential clients.

Data is defined as being information organized in a meaningful way to be useful to the user.

The Sarbanes-Oxley Act of 2002 is a federal law in the United States that set new and enhanced standards for all U.S.public companies,management and public accounting firms.

A simple information system includes all but the following elements except:

The income statement line item most likely affected by an AIS investment in supply chain that would interface with suppliers would be:

The Certified Information Systems Auditors (CISA)designation identifies those professionals possessing IT audit,control and security skills.How do you think a professional designation is helpful for IT auditors?

A supply chain:

Production of a 1040 tax form from the AIS to be delivered to the Internal Revenue Service is an example of discretionary information.

Activity-based costing is an example of:

An efficient Enterprise System can significantly lower the cost of support processes included in sales,general,and administrative expenses.

Accountants As Business Analysts

Data Modeling

Relational Databases and Enterprise Systems

Sales and Collections Business Process

Purchases and Payments Business Process

Conversion Business Process

Reporting Processes and Extensible Business Reporting Language XBRL

Accounting Information Systems and Internal Controls

Information Security and Computer Fraud

Monitoring and Auditing AIS

The Balanced Scorecard and Business Value of Information Technology

Evaluating AIS Investments

The Systems Development Life Cycle and Project Management: Addressing the Challenges of Building Ais Systems

Filters

Exam 1: Accounting Information Systems and Firm Value

The role of accountants in accounting information systems include all except:

Customer Relationship Management is defined as:

Service Activities as defined in the value chain are those activities that provide the support of customers after the products and services are sold to them (e.g.warranty repairs,parts,instruction manuals,etc.).

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

The characteristics of relevant information include predictive value,feedback value and timeliness.

A value chain is defined as the flow of materials,information,payments,and services from customer to supplier.

Accounting and Finance is a primary activity in the value chain.

An enterprise system is primarily used to manage and nurture a firm's interactions with its current and potential clients.

Data is defined as being information organized in a meaningful way to be useful to the user.

The Sarbanes-Oxley Act of 2002 is a federal law in the United States that set new and enhanced standards for all U.S.public companies,management and public accounting firms.

A simple information system includes all but the following elements except:

The income statement line item most likely affected by an AIS investment in supply chain that would interface with suppliers would be:

The Certified Information Systems Auditors (CISA)designation identifies those professionals possessing IT audit,control and security skills.How do you think a professional designation is helpful for IT auditors?

A supply chain:

Production of a 1040 tax form from the AIS to be delivered to the Internal Revenue Service is an example of discretionary information.

Activity-based costing is an example of:

An efficient Enterprise System can significantly lower the cost of support processes included in sales,general,and administrative expenses.

Accountants As Business Analysts

Data Modeling

Relational Databases and Enterprise Systems

Sales and Collections Business Process

Purchases and Payments Business Process

Conversion Business Process

Reporting Processes and Extensible Business Reporting Language XBRL

Accounting Information Systems and Internal Controls

Information Security and Computer Fraud

Monitoring and Auditing AIS

The Balanced Scorecard and Business Value of Information Technology

Evaluating AIS Investments

The Systems Development Life Cycle and Project Management: Addressing the Challenges of Building Ais Systems

Filters