Exam 1: Accounting Information Systems: An Overview

Material requirements planning software assists management in managing

Which of the following is not an objective of internal control as a process?

Presented below is a list of terms relating to accounting information systems,followed by definitions of those terms. Required: Match the letter next to each definition with the appropriate term.Each answer will be used only once. ________ 1.XBRL ________ 2.Telecommuting ________ 3.JIT ________ 4.Total quality management ________ 5.OA ________ 6.Primary business processes ________ 7.Value chain ________ 8.Web Trust ________ 9.DSS ________ 10.Executive information system A.A way of viewing the company's activities in a manner suited to analyzing competitive advantages B.Allows employees to work at home and still have direct interaction with the organization's information systems C.An information system tailored to the information needs of top management D.A synonym for the acronym TQP E.A universal formatting language used for exchanging business documents via the Internet F.The use of electronic technology in the office or workplace G.Data are processed into a decision-making format for the end user H.A continuous flow environment that seeks to minimize or totally eliminate inventories I.Involves inbound and outbound logistics,operations,marketing,and service J.Seal of approval from the AICPA certifying that a Web site has met certain standards

Which of the following is not an objective of internal control?

The director of internal auditing should report directly to the controller of the company.

Discuss the nature of systems development.

Discuss the internal audit function within an organization.

Presented below is a list of terms relating to accounting information systems,followed by definitions of those terms. Required: Match the letter next to each definition with the appropriate term.Each answer will be used only once. ________ 1.Chief Information Officer ________ 2.Treasurer ________ 3.Transaction processing cycle ________ 4.Technical support function ________ 5.Computer-integrated manufacturing ________ 6.End user ________ 7.Controller ________ 8.Expert system ________ 9.Systems analysis ________ 10.Segregation of duties A.A common division or section within the information systems department B.The individual who supervises accounting functions C.An example of an internal control D.Individual who has overall responsibility for the information system function E.The first step in the systems development approach F.The department which has supervision over cash and credit activities G.A type of information system which requires an inference engine to make a decision for the user H.One or more applications systems consisting of logically related transactions I.An integrated approach to the use of information technology in manufacturing systems J.A department or section of an organization that uses the organization's computer data processing other than the information systems department

A complete systems solution involving one software package and one database is referred to as

The technological philosophy that emphasizes "customer satisfaction" to the point of "customer obsession" is known as

ERPs are inexpensive and relatively easy to implement.

Most batch processing environments are JIT environments.

All data processed and information stored in an accounting information system are mandatory for financial reporting purposes.

An organization's internal control process consists of how many elements?

Green IT is concerned with

Green IT states system design should include a plan for recycling and reusing system components.

The internal audit function within an organization should be considered a(n)

An important quick response technology used to track objects using radio signals is called

Many companies prefer business process ________ because they find it more cost-effective than designing their own system from the ground up.

Radio frequency identification tags (RFID)can be either ________,________,or ________.